Sun.Aug 11, 2024

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Debby’s Florida Claims Already Near 12,000 as Yaworsky Says Market is Strengthening

Insurance Journal

The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of the the number of claims filed in Hurricane Idalia in a three-month period.

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Exploring DORA: Financial Sector Prepares for Comprehensive Digital Resilience

Complex Discovery

Editor’s Note: As the January 17, 2025, deadline for compliance with the European Union’s Digital Operational Resilience Act (DORA) rapidly approaches, financial institutions and their technology providers face unprecedented challenges in fortifying their digital defenses. This article delves into the critical components of DORA and its far-reaching implications for banks, insurance companies, and their tech partners.

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Museum of Ice Cream Sued by Man Injured Jumping Into Sprinkle Pool

Insurance Journal

A man who says he broke his ankle jumping into the sprinkle pool at the Museum of Ice Cream in New York City has filed a lawsuit alleging that the facility was negligent for not warning visitors that it is …

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GC And CLO Comp Drops For First Time In Survey History

InHouseBlog

GC and CLO compensation has dropped for the first time in the history of recruiting powerhouse Major, Lindsey & Africa's survey.

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Fresh Out of School: How to Become an Expert Paralegal

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

The difference between a paralegal and an exceptional paralegal isn't just competence—it's the bold initiative to anticipate needs, master hidden firm dynamics, and transform challenges into opportunities that showcase your indispensable value. Join this webinar with attorney Joe Stephens to get an insider's perspective into how you can become a strategic asset to your practice!

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Clashing Risk Predictions Cast Doubt on Black Box Climate Models

Insurance Journal

Many companies offer detailed climate projections tailored to property-level precision. These tools can allow owners and investors to better anticipate risks of flooding, wind, wildfire and other disasters.

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CAFC Says Vidal Recusal as Petitioner’s Counsel Avoided Due Process Violation in IPR

IP Watchdog

On August 9, the U.S. Court of Appeals for the Federal Circuit issued a nonprecedential ruling in Unification Technologies LLC v. Micron Technologies Inc., affirming the Patent Trial and Appeal Board’s (PTAB) decisions invalidating claims of data management patents owned by Unification Technologies. The Federal Circuit found substantial evidence supporting obviousness based on a single prior art reference, and held that there was no due process issue arising from Kathi Vidal’s actions as lead co

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Labor Market Study: 14% of Carriers Plan to Reduce Headcounts

Insurance Journal

Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and The Jacobson Group’s latest insurance labor market study.

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PCF Insurance Services Acquires DLD Insurance Brokers in California

Insurance Journal

PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors.

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Amtrak Train Hits Tractor Trailer in Connecticut

Insurance Journal

An Amtrak train carrying nearly 100 passengers crashed into the rear section of a tractor trailer in Connecticut on Friday morning, causing minor injuries to a train engineer and damaging warning equipment at the crossing, authorities said.

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Antisemitism Lawsuit Against MIT Dismissed; One Against Harvard Allowed to Continue

Insurance Journal

A federal lawsuit accusing Massachusetts Institute of Technology of tolerating antisemitism after the Oct. 7 attacks in Israel has been dismissed while a similar one against Harvard University can continue.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Gallagher Re: Insured Losses From Hurricane Debby to Be ‘Very Manageable’

Insurance Journal

Insurers and reinsurers’ losses from Hurricane Debby are expected to be in the low single-digit billions of dollars, a figure that would be “very manageable” for the industry, according to a report from Gallagher Re.

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