Sun.Jul 14, 2024

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Report: Impact of BEC Attacks on US Companies Misunderstood

Insurance Journal

A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be the top two risk management controls to prevent BEC attacks.

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Ukraine Strikes Russian Heartland: SBU Drones Hit Critical Oil Depot in Rostov

Complex Discovery

Editor’s Note: In a bold demonstration of its evolving military prowess, Ukraine has executed a high-stakes drone strike deep within Russian territory, targeting a vital oil depot in Rostov Oblast. This unprecedented action not only disrupts Russian military logistics but also showcases Kyiv’s expanding strategic reach. As the Russo-Ukrainian conflict enters its third year, the complexities of global alliances further intensify, highlighted by the strengthening ties between Russia an

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A Troubling Phrase: ‘Just a Category 1 Hurricane’

Insurance Journal

Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or even worse: “Tropical storm? Just some wind and rain.

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CAFC Affirms Preliminary Injunction Against RaDaR Cancer Assay in Precedential Decision

IP Watchdog

On July 12, the U.S. Court of Appeals for the Federal Circuit issued a precedential opinion in Natera, Inc. v. NeoGenomics Laboratories, Inc. affirming a grant of preliminary injunction that prevents NeoGenomics from making or selling its RaDaR oncology testing assay. The Federal Circuit’s opinion, authored by Chief Judge Kimberly Moore, found no legal error in the district court conducting an infringement analysis without claim construction, and no clear error in finding that NeoGenomics failed

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The Tech-Savvy Paralegals Playbook: How To Leverage AI

Speaker: Allison Mears, Adela Wekselblatt, and George Socha

Artificial intelligence is reshaping the legal industry, and paralegals are at the forefront of this transformation. As AI becomes more integrated into legal workflows, paralegals can streamline their daily tasks, enhance efficiency, and add greater value to their firms and organizations. But what exactly does AI mean for paralegals today—and how can you leverage it to your advantage?

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New Hampshire Suspends License for 2 Years for Trucker Acquitted in Motorcycle Crash

Insurance Journal

A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists won’t be eligible to get his license back for another two years, New Hampshire safety officials said.

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COST BITES 169: AN EXAMPLE OF A SUMMARY ASSESSMENT OF COSTS IN ACTION

Civil Litigation Brief

There is an interesting example of a summary assessment of costs in action in the judgment of Mr Andrew Trigger KC (sitting as a Deputy Judge of the High Court) in Wootton & Anor v Wootton & Ors (Re Costs).

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CLAIMANT REFUSED RELIEF FROM SANCTIONS IN SERVING NOTICE OF NON-ADMISSION OF AUTHENTICITY OF DOCUMENTS: THE APPLICATION WAS LATE, AND THE ARGUMENT WAS HOPELESS

Civil Litigation Brief

In Invest Bank PSC v El-Husseini & Ors [2024] EWHC 1804 (Comm) Mr Justice Calver refused the claimant bank’s application for relief from sanctions when it served a notice of a notice to prove the authenticity of a document. The.

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Letters Don’t Seem to Sway Judge: Oxendine Sentenced to 3.5 Years in Prison

Insurance Journal

ATLANTA (AP) — A federal judge on Friday sentenced former Georgia Insurance Commissioner John Oxendine to serve three-and-a-half years in prison after Oxendine pleaded guilty to conspiracy to commit health care fraud, plus three years supervised release after his sentence …

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Become An Indispensable Lawyer For Career Success

InHouseBlog

If you are interested in long-term career success, a focus on becoming an indispensable lawyer is key.

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Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023

Insurance Journal

By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”).

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Uncovering The Hidden Connections: A Patent Family Survival Guide

Speaker: Andrew Klein

Are there mysteries lurking in your family tree? 🕵 No, not a long-lost half-brother - I'm talking about a patent family tree! IP paralegals need fast and easy ways to verify and report on essential data about foreign equivalents of US assets. Join us to master the global scope of key assets to support prosecution, portfolio management, litigation, licensing, competitive monitoring and more!

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Founder of Y Combinator-Backed Edge Talks Patents and Innovation – Evan Zimmerman – S8E19

Legally Speaking

Commercial law is a huge area of the legal sector. To help us get to grips with what life is really like as a commercial lawyer, particularly in a startup environment, we invited Yulia Barnes to speak to us about her experiences of founding Barnes Law Associates.

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Arkansas Sues Pharmacy Benefit Managers For Role in Opioid Crisis

Insurance Journal

By Andrew DeMillo Arkansas sued two pharmacy benefit managers that oversee coverage for insurers, employers and other large clients, accusing them of fueling the opioid crisis in the state. Attorney General Tim Griffin filed the lawsuit against Express Scripts Inc.

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Digital Services Act Enforcement Heats Up: X Faces Preliminary Findings

Complex Discovery

Editor’s Note: This article highlights the European Commission’s preliminary findings against X for breaching the Digital Services Act. These findings underscore critical issues of transparency and accountability that are central to the DSA, particularly in relation to content moderation, advertising transparency, and data access for researchers.

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The Smart Workforce Pivot: Insurance’s Backdoor to Talent Acquisition

Insurance Journal

The dilemma in today’s labor market is real. In 2023, the U.S. labor market had 9.5 million unfilled jobs. Yet there were just 6.5 million unemployed workers, according to the U.S. Chamber of Commerce.

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AI for Paralegals: Everything You Need to Know (and How to Use It Safely)

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

Ready to cut through the AI hype and learn exactly how to use these tools in your legal work? Join this webinar to get practical guidance from attorney and AI legal expert, Joe Stephens, who understands what really matters for legal professionals! What You'll Learn: Evaluate AI Tools Like a Pro 🔍 Learn which tools are worth your time and how to spot potential security and ethics risks before they become problems.

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Commercial Auto Insurance Profit Struggles Continue

Insurance Journal

The commercial auto insurance segment maintained its place as a weaker-performing U.S. property/casualty insurance product line in 2023.

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Fraud’s Foe: How MFA Shuts the Door on Cybercriminals

Insurance Journal

As cyber threats become increasingly sophisticated, securing user identities is paramount. Multi-factor authentication (MFA) is a formidable defense, requiring multiple verification methods to authenticate identity.

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Talent Gap

Insurance Journal

It’s no secret — independent insurance agencies are struggling to find qualified job candidates. And young talent may be even harder to find.

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Florida Citizens Board Votes to Raise Rates 14% But Costs Are Down

Insurance Journal

The board of governors for Florida’s state-created Citizens Property Insurance Corp. voted unanimously in June to raise personal lines rates by an average of 14% statewide – near the maximum allowed under the insurer’s glide path – starting next year.

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The New Way of Conducting Patent Research: Proven Strategies For Efficient Due Diligence

Speaker: Andrew Klein

Patent due diligence processes take too long. The information you need is publicly available but accessing it is often tedious & inefficient, requiring you to wade through dozens of PTO websites or for-free tools to gather what you need. Plus, it frequently occurs late in the game, leaving professionals under pressure, sifting through chaotic 100-page PDFs, and frustrated with poorly formatted information & patent numbers.

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Could Your Company’s Recruitment Practices Pose a Liability Risk?

Insurance Journal

As an insurance organization you understand risk management better than most businesses.

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Farmers Adjusters Cry Foul Over Workloads, Claims Handling in Letter to Regulators

Insurance Journal

Farmers Insurance officials said in June that they have spoken with employees after receiving an anonymous letter, apparently from a group of in-house adjusters, accusing the insurer of understaffing and overworking claims professionals.

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Cal/OSHA Board Adopts Workplace Standard for Indoor Heat

Insurance Journal

A California workplace safety oversight board adopted a new standard for indoor workplaces to enact safety measures when the temperature reaches 87°F.

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Excessive Heat Concerns in Workers’ Comp

Insurance Journal

By Allen Laman With temperatures pushing above 90 degrees in parts of the Midwest and Northeast United States, many American workers are clocking in during what AccuWeather described as an “intense heat wave that is impacting more than 135 million …

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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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Impacts of Economic Changes on California Workers’ Comp

Insurance Journal

Projected changes to California workers’ comp claims frequency and severity due to industry mix of employment are negligible through 2026, while employment in most industries fully recovered from the initial pandemic related changes by the end of 2022, a new …

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US P/C Insurers Post Best Q1 Underwriting Result in 17 Years

Insurance Journal

By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since first-quarter 2007.

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Managing Stress Effectively

Insurance Journal

This post is part of a series sponsored by PCF Insurance Services.

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People & Places

Insurance Journal

National Specialist insurer Hiscox appointed Mary Boyd CEO of its U.S. business unit to succeed Kevin Kerridge, who is stepping down after 30 years in the business. Boyd had been CEO of Plymouth Rock Assurance’s independent agency business since 2018.

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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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AI Chatbots, Gen AI Set to Revolutionize Insurance Claims Processing: Survey

Insurance Journal

By L.S.

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The Problem(s) With Hail Claims – Part 3

Insurance Journal

My previous two columns (May and June 2024) addressed issues with hail and windstorm claims regarding the discovery and reporting of damage, actual cash value versus replacement cost valuation and 180-day reporting conditions, percentage deductibles, special cosmetic damage limitations, and …

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Business Moves

Insurance Journal

National PCF Insurance Services, The Brady Agency, Ignitist, Roseberry Insurance Agency, Sinnot Agency Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi and Iowa.

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Declarations

Insurance Journal

Home Insurance Costs “I never even talked about insurance, really up until the last year and a half. … Now, it’s a significant impact for the borrower as they qualify for the loan.

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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.