Sun.Nov 03, 2024

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Would Letting Roofers Do More Wind-Mit Work Help Cut Florida’s Insured Losses?

Insurance Journal

A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was ripped off, exposing people’s abodes and belongings to …

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eDiscovery Vendor Voices in October 2024: The Rise of AI and Strategic Leadership Moves

Complex Discovery

Editor’s Note: The October 2024 edition of Vendor Voices by ComplexDiscovery OÜ highlights important trends shaping the eDiscovery landscape, focusing on AI innovation, strategic acquisitions, and key leadership updates. Noteworthy stories include DISCO’s European launch of Cecilia AI and regulatory compliance insights featuring LatticeFlow’s LLM Checker.

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Digital Transformation in Insurance Marketing: How to Leverage Technology to Drive Growth and Engagement

Insurance Journal

The insurance industry has historically been slow to adopt new technologies o often relying on traditional outreach, marketing and client management methods.

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Life as a Managing Partner: Leading Your Firm to Future Success – Michael A. Gerstenzang – S8 E35

Legally Speaking

Have you ever wondered what the role of a Managing Partner is like? Then tune into this episode with Michael A. Gerstenzang, the Managing Partner at Cleary Gottlieb Steen & Hamilton LLP. Hosted by Rob Hanna, this conversation covers everything from Michael’s early career to the role of listening in a Managing Partner’s day-to-day activities.

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Trellis Launches Trellis AI to Streamline Trial Court Litigation

Trellis AI leverages the largest repository of state trial court data to help litigators evaluate cases, automate brief drafting, suggest winning strategies, and more. Key components: Draft Arguments — Uses similar/successful motions in the Trellis database to generate arguments/citations for your motions seeking dismissal, summary judgment, etc. Case Assessment — Predict the likely outcomes of a case at any stage to help you decide to accept it, guide motion practice, make settlement offers, an

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States Lead the Way on Better Insurance Markets

Insurance Journal

By Andrew Mais, Jon Godfread, Scott White, & Elizabeth (Beth) Kelleher Dwyer Most homeowning Americans consider their home their most valuable asset.

Insurance 104
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In the Final Round of Harris vs. Trump: Who is Better for IP Rights?

IP Watchdog

As the United States gears up for the 2024 presidential election in two days, many in the IP community have been asking who would be better for IP rights? The question about whether a Harris Administration or second Trump Administration would be better on intellectual property rights from the perspective of rights holders is largely unknowable because neither party platform mentions “intellectual property” specifically, much less patents, trademarks or copyrights.

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Employees Enjoy Many Paths for Growth, Advancement at Brightway

Insurance Journal

By William Rabb The people at Brightway Insurance, based in Ponte Vedra Beach, Florida, near Jacksonville, seem to have taken employee satisfaction and performance to a whole new level.

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SMA Gives Employees Freedom to Succeed

Insurance Journal

By Jahna Jacobson Scarbrough, Medlin and Associates Inc. has built its success on a foundation of trust. ìI never needed to be pushed or made to work,î said Rod Medlin, Scarbrough, Medlin & Associates Inc. (SMA) CEO.

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Employees’ Needs Are Heard and Valued At The Bulow Group

Insurance Journal

By Jahna Jacobson At The Bulow Group, work-life balance is a core value that benefits employees on both sides.

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Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows

Insurance Journal

Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider.

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Trial Prep: What Attorneys Really Want (And How to Deliver It)

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to uncover what attorneys really need from you when it comes to trial prep in this new webinar! Attorney and law professor, Joe Stephens, J.D., will share proven techniques for anticipating attorney needs, organizing critical documents, and transforming complex information into compelling case presentations. Key Learning Objectives: Organization That Makes Sense 🎯 Learn how to structure and organize case materials in ways that align with how attorneys actually work and think.

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SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

Insurance Journal

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday.

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Recreational Cannabis Home Delivery Begins in Arizona

Insurance Journal

Arizona residents were able to get recreational cannabis delivered to their homes beginning last Friday, marking a new milestone for a state program that until now had allowed the service only for medical marijuana patients.

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Agency E&O Claims Trends to Watch

Insurance Journal

By Andrea Wells Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why.

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Don’t Risk the Agency – E&O Tips on Trials and Trends

Insurance Journal

By Andrea Wells When it comes to agency errors and omissions liability thereis nothing more important than playing it safe. One proven way is ensuring that everything is documented properly.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Agency E&O Buyers Report Higher Premiums

Insurance Journal

By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2023 to 2024, according to Insurance Journalis annual Agency E&O survey, which polls buyers of the coverage on pricing and trends on …

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Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s

Insurance Journal

By L.S. Howard The global economy could be exposed to†losses of US$14.

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Changes to Washington Homeowners and Auto Premium Rule to Be Considered

Insurance Journal

Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in policy renewals).

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Navigating the Fee Maze

Insurance Journal

Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties.

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Deposition Prep Like a Pro: Insights from a Paralegal's Playbook

Speaker: Kaitlyn "The Persnickety Paralegal" Story

Deposition preparation is a critical aspect of a paralegal's role, requiring meticulous attention to detail and proactive management of the case timeline. In this session, participants will explore how effective deposition preparation not only contributes to the success of the legal team but also helps maintain a balanced workflow, minimizing last-minute crises.

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Ergonomic Hazards

Insurance Journal

The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, according to a new report.

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60,000 Wawa-Branded Tumblers Recalled Because Their Metal Straws Can Cut Customers

Insurance Journal

Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw. According to a Thursday notice published by the U.S.

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US shippers Avoid East Coast Ports on Risk of Second Strike

Insurance Journal

U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan.

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USI a ‘Well-Oiled Machine’ in Year 30

Insurance Journal

By Allen Laman A thirtieth birthday marks a key milestone in a personis life.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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Former Triple-I Exec Says He Was Fired After Testifying in Bullying Case Against CEO

Insurance Journal

By Chad Hemenway A former employee of the Insurance Information Institute is suing his former boss and the organizationis owners on allegations of discrimination and retaliation.

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Natural Disaster Losses Below Average Through Q3, Despite Higher Frequency: Report

Insurance Journal

Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Reis latest Nat Cat report.

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Legal System Abuse Hammers Truck Insurance

Insurance Journal

The U.S. trucking industry has been shaken to its foundations. A welter of external challenges catalyzed the failure of approximately 88,000 trucking firms in 2023. That is 10% of the nationis trucking companies.

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Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies

Insurance Journal

While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executives’ perceptions of DEI initiatives and backlash.

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Florida Rule Bars Altering Adjustersi Reports Without Explanation

Insurance Journal

By William Rabb Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Floridais chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton …

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California’s Cost of Treating Injured Workers 10% Below Other States in Study

Insurance Journal

Workersi compensation medical payments per claim in California were 10% below the median state of a 17-state study sample for claims with experience through March 2023, a study from the Workers Compensation Research Institute shows.

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My New Markets

Insurance Journal

Community Association Directors and Officers Insurance Market Detail: Community Association Insurance Solutions LLC offers a Community Association Directors and Officers with Employment Liability Insurance Program (D&O with EPLI) for both the associations you insure and their community management company.

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PepsiCo Beats New York State’s ‘Predatory’ Lawsuit Over Plastics Pollution

Insurance Journal

PepsiCo won the dismissal of New York’s lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic packaging, as the judge criticized the state’s attorney general, Letitia James, for bringing the case.

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Claims from Hurricane Milton Continue to Rise in Florida

Insurance Journal

Two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct.

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AM Best Withdraws Credit Rating of Farmers Mutual Insurance Co. of Michigan

Insurance Journal

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term ICR of ìb+î (Marginal) of Farmers Mutual Insurance Company …