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Georgia Court Says No Double Dip on Auto Policies After Accident

Insurance Journal

The injured party in an automobile collision cannot double-dip on insurance coverage simply because she calls the payment from the other driver’s policy “punitive damages,” a Georgia appeals court has decided. “The mere fact t...

Posted: Oct 27, 2021

Repairing Mexico City’s Collapsed Metro Could Cost $40M: Grupo Carso

Insurance Journal

MEXICO CITY – Mexican billionaire Carlos Slim’s Grupo Carso said the cost of repairing a collapsed section of a Mexico City metro rail that caused a fatal accident earlier this year could amount to some 800 million pesos ($40 million). …

Posted: Oct 27, 2021

AM Best Downgrades Outlook for Journey Insurance

Insurance Journal

AM Best credit rating agency has given Florida-based Journey Insurance Co. a financial strength rating of “excellent,” but downgraded the company’s outlook from stable to negative, due to its parent company’s capitalization. J...

Posted: Oct 27, 2021

Insurance Chatbots Improve Customer Experience and Cut Costs by Michael de Waal

Insurance Thought Leadership

Chatbots can meet insureds’ routine needs immediately and freeup staff to work on more challenging issues PHOTO TO ADD — https://pixabay.com/illustrations/chatbot-bot-assistant-support-icon-4071274/ The insurance industry’s sales and customer succ...

Posted: Oct 27, 2021

Chatbots Improve Customer Experience by Michael de Waal

Insurance Thought Leadership

PHOTO TO ADD — https://pixabay.com/illustrations/chatbot-bot-assistant-support-icon-4071274/ The insurance industry’s sales and customer success teams are under pressure to deliver positive customer experiences faster than their competition. Custo...

Posted: Oct 27, 2021

How the Cost of a Contract Bond Is Determined

Insurance Journal

This post is part of a series sponsored by Old Republic Surety. The business of surety and fidelity bonding represents a growing segment of the insurance industry. Surety companies are eager to partner with independent insurance agents in the vital &...

Posted: Oct 27, 2021

Around half of drivers are unaware of insurance telematics plans

NU Property & Casualty 360

The findings highlight an opportunity to better educate policyholders on the potential of usage-based insurance.

Posted: Oct 27, 2021

Countries with the most workplace fatalities

NU Property & Casualty 360

At the other end of the spectrum were Iceland, Malta and San Marino, which had no workplace fatalities.

Posted: Oct 27, 2021

Unvaccinated Pilots Costing It Millions in Paid Leave, United Airlines Tells Judge

Insurance Journal

United Airlines Inc. told a federal judge the company is spending millions on paid leave for unvaccinated pilots because their colleagues “refuse to risk their safety” by flying with them. The leave is costing United about $1.4 million ev...

Posted: Oct 27, 2021

Insuring Cannabis Summit: Capacity Still a Centerpiece of Concern

Insurance Journal

There is little surprise when a conversation about cannabis and insurance turns to the subject of capacity. “Really when it comes to cultivation, processing, there is a bit of a hiccup, it seems in the overall market space, I think …

Posted: Oct 27, 2021

Readers are Leaders

Agency Nation

Growing up I was never an avid reader. When there was homework that involved a lot of reading, I always procrastinated. The post Readers are Leaders appeared first...

Posted: Oct 26, 2021

Few SME owners fully read policies, understand insurance costs

NU Property & Casualty 360

Around 20% admit to being uncertain how their insurance purchases are handled.

Posted: Oct 26, 2021

Around the P&C insurance industry: October 27, 2021

NU Property & Casualty 360

News from Hub International Limited, Arbella Insurance Group, Partners Group and more.

Posted: Oct 26, 2021

Judge stands by decision to deny dismissal of BI suit

NU Property & Casualty 360

The motion was denied as the defendants failed to note any part of the plaintiff’s complaints.

Posted: Oct 26, 2021

Takeaways from Our Conversation on Federal Legalization

Insurance Journal

It’s part of just about every cannabis conversation: “Hey, it looks like we’re close to seeing cannabis legalized. Is this the year?” There are three promising cannabis bills in Congress – two that would legalize or at least d...

Posted: Oct 26, 2021

Chubb’s Q3 Net Income Jumped 58 Percent, Driven by ‘Outstanding’ Premium Revenue

Carrier Management

Chubb’s Q3 Net Income Jumped 58 Percent, Driven by ‘Outstanding’ Premium Revenue Chu...

Posted: Oct 26, 2021

'Rust' Insurance Policy Covers a Maximum $6 Million for Injury or Death

Yahoo - Insurance

A copy of documents revealing the film production's liability insurance coverage was obtained by...

Posted: Oct 26, 2021

My former mother-in-law took out a life-insurance policy on my eldest child. I’m enraged. Is that...

Yahoo - Insurance

A copy of documents revealing the film production's liability insurance coverage was obtained by...

Posted: Oct 26, 2021

The Secret Lists of Dog Breeds Banned by Insurance Companies

Yahoo - Insurance

AAA Insurance Skyler McKinley breaks down Medicare and encourages people to talk through their options with a AAA Insurance specialist.

Posted: Oct 26, 2021

AAA Insurance Medicare

Yahoo - Insurance

Halyna Hutchins' family is almost certainly gearing up for a wrongful death lawsuit -- in the wake...

Posted: Oct 26, 2021

State Bar Votes to Keep Professional Liability Insurance, Disclosure Optional | Daily Report

Yahoo - Insurance

The insurance industry has been scaling rapidly in the past few years. Family First Life, or FFL, is...

Posted: Oct 26, 2021

Are Life Insurance Premiums Tax Deductible?

Yahoo - Insurance

The insurance industry has been scaling rapidly in the past few years. Family First Life, or FFL, is...

Posted: Oct 26, 2021

California Labor Commissioner Cites Grocer $1.1M for COVID Sick Leave Practices

Insurance Journal

The California Labor Commissioner’s Office cited Bodega Latina (dba El Super grocery stores) in Southern California $1,164,500 for failing to provide or delaying supplemental paid sick leave or other benefits to 240 workers at 38 locations affe...

Posted: Oct 26, 2021

Ga. Settles With 3 Former Insurance Employees Over Beck Leaks | Daily Report

Yahoo - Insurance

A Satellite Beach couple claim a mortgage company’s mistake cost them more than $10,000, after it...

Posted: Oct 26, 2021

A Look Into Shawn Meaike’s Unmatched Influence on the Insurance Industry

Yahoo - Insurance

A Satellite Beach couple claim a mortgage company’s mistake cost them more than $10,000, after it...

Posted: Oct 26, 2021

InsurTechs Focused on Small Business Insurance and ‘Portable’ Benefits Raise Venture Capital

Carrier Management

InsurTechs Focused on Small Business Insurance and ‘Portable’ Benefits Raise Venture Capital Cot...

Posted: Oct 26, 2021

California Department Of Insurance Releases Report to Re-Imagine Insurance

Yahoo - Insurance

Life insurance can be a valuable addition to your financial plan. If you have a family, for instance, purchasing a policy can provide financial peace of...

Posted: Oct 26, 2021

Get Ready Workers’ Comp, Cannabis Legalization Is Coming. What Employers Can Do to Prepare

Risk & Insurance

Employers need to prepare for a wave of new laws legalizing cannabis. The post Get Ready Workers...

Posted: Oct 26, 2021

Berkley Re Partners with Dais to Build Innovative Platform for Unique Agent Experience

coverager

STAMFORD, Conn.–(BUSINESS WIRE)–Berkley Re Solutions and Berkley Program Specialists have combined their unique program design and distribution capabilities to bring a new insurance program for Workplace Violence to the marketplace....

Posted: Oct 26, 2021

Protected: Five Questions for Akshay Gupta About Parametric Insurance

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: Five Questions for Akshay Gupta About Para...

Posted: Oct 26, 2021

One in 10 Drivers Admit to Extreme Speeding in National Survey by Erie Insurance

Yahoo - Insurance

If you are in a car accident, your insurer is supposed to make sure the car is repaired, assuming...

Posted: Oct 26, 2021

Auto insurance catch: why they may deny your repair estimate

Yahoo - Insurance

True contrarians should check out New York-based Lemonade (NYSE:LMND) as LMND stock is currently...

Posted: Oct 26, 2021

One of the Top Insurance Agents, Andrew Taylor, Shares His Secrets to Success

Yahoo - Insurance

True contrarians should check out New York-based Lemonade (NYSE:LMND) as LMND stock is currently...

Posted: Oct 26, 2021

Digitial Home Insurer Hippo Hires Hiscox’s Hanson to Expand Claims Operations Nationally

Carrier Management

Digitial Home Insurer Hippo Hires Hiscox’s Hanson to Expand Claims Operations Nationally Digital h...

Posted: Oct 26, 2021

Global Commercial Insurance Rates Rose 15 Percent in Q3: Marsh

Carrier Management

Global Commercial Insurance Rates Rose 15 Percent in Q3: Marsh Global c...

Posted: Oct 26, 2021

AIG Makes Leadership Changes as It Readies Separation of Life & Retirement Business

Carrier Management

AIG Makes Leadership Changes as It Readies Separation of Life & Retirement Business American Internation...

Posted: Oct 26, 2021

Hack Attack Response: U.S. State Department to Create Cyber Bureau

Carrier Management

Hack Attack Response: U.S. State Department to Create Cyber Bureau The U.S. State Department plan...

Posted: Oct 26, 2021

Wellness platform Paceline launches a credit card

coverager

The Paceline Card, issued by Evolve Bank & Trust, is a credit card that links financial benefit to physical health.

Posted: Oct 26, 2021

Koala launches Missed Connection Compensation insurance

coverager

The product covers travelers for missed connections whether due to a flight delay, cancellation or diversion.

Posted: Oct 26, 2021

Rhino Saves American Renters $500 Million Since Onset of Pandemic

coverager

NEW YORK, Oct. 25, 2021 /PRNewswire/ — Rhino, the leading real estate technology company, today announced that alongside its network of 2,000+ partners, has saved American renters $500 million since...

Posted: Oct 26, 2021