Month: January 2018

The Minnesota Commerce Department is warning homeowners to learn about insurance and short-term rentals before putting their home on Airbnb.
Source: Property Casualty 360 Super Bowl short-term home rentals & insurance coverage

News from XL Group Ltd, Lockton, Marshall Dennehey Warner Coleman & Goggin and more.
Source: Property Casualty 360 People on the move in the P&C insurance industry: Jan. 19, 2018

Commissioner Jones and legislators unveil the Wildfire Survivors Insurance Recovery Blueprint, a series of laws to help wildfire victims with their insurance claims following 2017’s string of catastrophic disasters.
Source: Property Casualty 360 California proposes stronger laws to help wildfire survivors with insurance claims

An insured may think its entitled to separate counsel, but the carrier may disagree. Who wins?
Source: Property Casualty 360 When must an insured get its own lawyer?

Risk and insurance knowledge group The Institutes has announced a collaboration with Insurance Thought Leadership to expand and improve both organizations’ educational tools.
Source: Property Casualty 360 The Institutes announce new partnership with ITL and Innovator’s Edge

Focusing on the human aspect of the insurance industry, here are 7 tips for insurance agents to reference to improve their relationships with their customers.
Source: Property Casualty 360 How insurance agents should care about their customers

One of this year’s startups wants to create a mobile verification app which validates the installation of smart-home products.
Source: Property Casualty 360 Iowa InsurTech startup school offers ,000 in seed money

The majority of workers’ compensation claims are valid, so what can small businesses do to better spot fraudulent claims?
Source: Property Casualty 360 6 signs of a false workers’ compensation claim

Insurance technology news from MetLife, Crawford & Company, Sapiens, StoneRiver, Appulate, Indium, Convelo Insurance Group, SIUPREM, Natixis Assurances and Guidewire.
Source: Property Casualty 360 Who’s using what in P&C insurance: Jan. 15, 2018

Too small to fail? Think again.
Source: Property Casualty 360 The cyber threat to small and midsize businesses [infographic]

Sixty-five single-family homes were destroyed and 462 damaged by the flooding and mudslides that struck the city of Montecito Tuesday after the first winter storm to hit the region.
Source: Property Casualty 360 Mudslides ravage California coastal town

A report released by the National Institute of Building Sciences found that every $1 the federal government spends on mitigation projects reduces future costs by an average of $6.
Source: Property Casualty 360 Disaster-mitigation programs targeted by Trump shown to reduce future costs

It’s up to you, the agency owner, to attract the next wave of P&C insurance agents.
Source: Property Casualty 360 8 strategies insurance agency owners can use to attract new talent

FM Global makes changes in executive ranks.
Source: Property Casualty 360 FM Global names Lawson chairman of the board

The ruling should finally resolve an issue which has cropped up before, particularly in federal court: Whether Florida’s statute of limitations for bringing bad faith claims against an insurer is four or five years.
Source: Property Casualty 360 11th Circuit: Florida’s bad faith insurance claims have 5-year statute of limitations

While the identity of Buffett’s successor has remained a mystery for years, he has said he wants the next leader to be drawn from the company’s ranks, relatively young and unmotivated by ego.
Source: Property Casualty 360 Buffett elevates Abel or Jain as likely successor with new roles

Researchers analyze the effects of 2017’s costly natural disasters, and offer guidance on how insurance professionals should prepare for future events.
Source: Property Casualty 360 Lessons and consequences of the record-setting 2017 hurricane season

Two days of rain led to at least six deaths, knocked out power and partially closed a major highway in California just weeks after forest fires swept through the area.
Source: Property Casualty 360 Mudslides, rain replace fires in California, killing 6

The Sanchi is still ablaze and may explode after colliding on Saturday with the bulk carrier CF Crystal about 160 nautical miles off the coast of Shanghai.
Source: Property Casualty 360 Iran oil ship at risk of sinking

Industry technology news from AXIS, American Family Insurance, Sapiens, Johnson & Johnson Insurance, ABD, Intellect SEEC, CUNA Mutual Group, Western Reserve Group, Assurant, and more.
Source: Property Casualty 360 Who’s using what in P&C insurance: Jan. 8, 2018