Mon.Jan 20, 2025

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Insurtechs’ Approach to Wildfire Insurance: Part I – Delos

Insurance Journal

While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion.

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Tailor FRE 502(d) Orders to the Case

Ball in Your Court

Having taught Federal Rule of Evidence 502 (FRE 502) in my law classes for over a decade, I felt I had a firm grasp of its nuances.

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Extreme Cold and Record Snowfall to Test Texas Power Grid

Insurance Journal

A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep freeze that endangers oil and natural gas output and electrical grids.

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Everything You Should Know About AI Legal Tech

Percipient

AI is shaking things up in the legal world and fast. In just a year, the number of legal professionals using AI tools jumped from 19% to a whopping 79%. People are catching on to how much time and effort these tools save, especially for repetitive tasks like contract review and research. Even clients are on board70% say theyre fine with or even prefer working with firms that use AI.

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The Tech-Savvy Paralegal's 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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EEOC Sues Two Automakers, Alleging Discrimination and Harassment

Insurance Journal

The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto Workers of age discrimination and the Stellantis unit that includes Chrysler of subjecting female employees to sexual harassment.

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COST BITES 208: A CLIENT’S CHALLENGE TO THE DEDUCTION OF THEIR OWN SOLICITOR’S COSTS IN PERSONAL INJURY ACTION

Civil Litigation Brief

There is a strange area of litigation and legal costs where issues of proportionality and common sense appear to totally disappear. – that is former client’s challenges to solicitor’s deductions from damages. We see another example in Perrett v Wolferstans.

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ComplexDiscovery OÜ Releases Comprehensive Analysis of eDiscovery Market Growth in “2024-2029 Market Size Mashup”

Complex Discovery

Editors Note: The 2024-2029 eDiscovery Market Size Mashup integrates diverse data sources, methodologies, and insights to provide a unified view of complex market trends. The report draws from public market sizing estimations, industry publications, posts, data points, and discussions, as well as ComplexDiscovery O’s proprietary market models, which have been continuously refined since 2012.

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EU Plans Ban on ‘Forever Chemicals’ in Consumer Products

Insurance Journal

The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals,” in consumer products, with exemptions for essential industrial uses, the EU’s environment chief told Reuters.

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The Shadow of Chemical Warfare: Ukraine’s Fight Against Escalating Aggression

Complex Discovery

Editor’s Note: This article offers a concise exploration of the evolving Russo-Ukrainian war, focusing on the alarming escalation in Russia’s use of banned chemical weapons and Ukraine’s persistent resistance. With over 5,000 documented cases of chemical weapon usage since February 2023, including 434 instances in December 2024 alone, these violations underscore the harsh realities of modern warfare and the challenges faced by Ukraine.

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North Carolina Settles on 15% Increase in HO Rates

Insurance Journal

RALEIGH. N.C. (AP) Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry.

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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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Trump Names Coke Stewart Acting Director of the USPTO

IP Watchdog

At 12:01pm on Monday, January 20, 2025, a moment after President Donald J. Trump took the oath of office to start his second term as President, Coke Morgan Stewart was sworn in as the new Deputy Undersecretary of Commerce for Intellectual Property and Deputy Director of the United States Patent and Trademark Office (USPTO). Because she has been named as Deputy Undersecretary and Deputy Director, Stewart will immediately begin serving as Acting Undersecretary of Commerce for Intellectual Property

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Liberty Mutual, Great American Balk at $20M Claim on Fake Basquiat Artwork

Insurance Journal

ORLANDO, Fla. (AP) Two insurance companies have asked a court to block a $19.

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Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

Insurance Journal

A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the island’s weather administration said, with reports of minor damage.

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Michigan Adult Care Company to Pay $170K in EEOC Lawsuit

Insurance Journal

PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve a disability discrimination lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal agency announced.

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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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Poll: Two-Thirds of Northwest Drivers Feel Comfortable Driving in Snow And Ice

Insurance Journal

Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable driving in snow and ice.

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NJ Officials Cleared of Wrongdoing in Menendez Corruption Case

Insurance Journal

By David Voreacos Jan 17, 2025, 2:56 PM Word Count: 346 (Bloomberg) — The New Jersey attorney general’s office cleared state law enforcement officials of wrongdoing in a corruption case involving former US Senator Robert Menendez, who awaits sentencing after …

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Rainbow Gets $8M Series A Funding to Expand Small Business Offerings

Insurance Journal

Rainbow, a digitally enabled managing general underwriter based in San Francisco, California, announced raising $8 million in Series A funding led by Zigg Capital.

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Walgreens Ignored Red Flags in Dispensing Opioids, US Says

Insurance Journal

The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across the US while ignoring red flags that the prescriptions were likely illegal.

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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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UK’s Reeves to Meet Key Financial Services Sectors

Insurance Journal

British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking and insurance, over the coming months to formulate a new growth and competitiveness strategy.

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City of London’s Tallest Tower Fully Leased With RiverStone International Deal

Insurance Journal

The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed.

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World Insurance Associates Acquires Business Contractors Insurance in California

Insurance Journal

World Insurance Associates LLC acquired the business of Business Contractors Insurance Services in Santee, California. BCIS was founded more than 15 years ago. The firm provides insurance services to individuals and businesses. World Insurance Associates is headquartered in Iselin, N.J.

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New York, New England Surplus Lines Insurance Groups Merge

Insurance Journal

The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate under the PIWA name and serve excess-and-surplus wholesalers throughout the Northeast.

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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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Four Canadian Banks Quit Climate Group as Exodus Begun by Wall Street Picks Up

Insurance Journal

Four of Canada’s biggest banks are leaving the industry’s top climate-finance alliance, joining Wall Street peers and extending an exodus that started in early December.

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Red Sea Trade Route to Remain too Risky Even After Gaza Ceasefire: Industry Executives

Insurance Journal

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen’s Houthis will continue to attack shipping, industry executives …