Sun.Nov 17, 2024

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The Ultimate IPWatchdog Story: Renee Quinn Granted Dog Toy Design Patent

IP Watchdog

On November 5, 2024, I received an official copy of U.S. Design Patent #D1,050,634 from the U.S. Patent and Trademark Office (USPTO). I received a Notice of Allowance for my U.S. Design Application #29888619, titled “Rope Throw Dog Toy” on September 18, 2024, and the patent was issued on November 5, 2024. And on Friday, November 15, I received my official patent in the mail.

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Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms

Insurance Journal

By Andrew Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.

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COST BITES 195: THE IMPORTANCE OF KEEPING TO COSTS BUDGETS: “GOOD REASONS” FOR DEPARTING AND PART 36 ISSUES

Civil Litigation Brief

In A & V Building Solution Ltd v J & B Hopkins Ltd [2024] EWHC 2914 (TCC) Mr Roger Ter Haar KC considered the circumstances in which a successful party can go outside the scope of budgeted costs.

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Claims Analysis: Roofs Define Luxury Homes’ Insurability

Insurance Journal

The insurance industry is facing a significant rise in roof-related claims.

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Prep with Purpose: How to Build Better Trial Binders

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

Get ready to master the art and science of trial preparation organization that top attorneys rely on in this exclusive webinar! Attorney and law professor, Joe Stephens, J.D., will walk through proven systems for creating comprehensive trial notebooks and binders that transform scattered case materials into a powerful command center. Learning Objectives: Strategic Organization 📊 Learn the essential sections every trial notebook needs and how to structure them for maximum clarity and acce

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DON’T WIN THE BATTLE BUT LOSE THE WAR OVER CAUSATION AS A TRIAL ISSUE

Plaintiff Trial Lawyer Tips

The November 2024 King County Bar Bulletin had an article by jury consultants Thomas O’Toole and Kevin Boally dealing with the issue of causation and its importance in obtaining a plaintiff verdict. It was a subject I have written and lectured about to lawyers. Causation is often ignored or under emphasized by plaintiff attorneys. Too often plaintiffs proceed with the frame of mind that if they prove the harmful conduct they will receive a favorable verdict.

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Two Florida Employees Charged with Defrauding Aetna of $1M

Insurance Journal

It was an inside job, one that cost an insurance company in Florida more than $1.1 million, authorities said.

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More Trending

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10 Sales & Marketing Tips to Help Agencies Grow

Insurance Journal

1. Get Out of the Office. Attend events where you can mingle and meet people. 2. Be a Guest. Reach out to local organizations that may be looking for guest speakers for luncheons and meetings.

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Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers

Insurance Journal

Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’ losses in Hurricanes Helene and Milton. But that won’t trigger a surcharge on premiums.

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T-Mobile’s Network Breached as Part of Chinese Hacking Operation

Insurance Journal

T-Mobile US Inc.’s network was among those recently breached by Chinese hackers in an attack on multiple telecommunications companies. “T-Mobile is closely monitoring this industry-wide attack,” a company spokesperson said Saturday in an emailed statement.

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Delaware Workers’ Compensation Rates to Drop 8.4% and 9.2%

Insurance Journal

Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.

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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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Amazon, SpaceX to Test US Labor Board’s Powers at Conservative Appeals Court

Insurance Journal

A U.S. labor board whose enforcement powers are being challenged in a series of lawsuits is set to defend itself from attacks by Amazon.com and Elon Musk’s SpaceX in a conservative U.S.

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Global Reinsurers’ ROE Jumps to 22% in 2023 but Market Softening Unlikely: AM Best

Insurance Journal

By L.S. Howard AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 — a five-year high that was driven mainly by favorable investment income and strong underwriting performance.

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AI Revolution in Insurance: Opportunities and Legal Pitfalls

Insurance Journal

The insurance industry is in the midst of a digital revolution, with artificial intelligence (AI) at the heart of it.

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Agency Growth in 2025: Stay Focused on Prospecting, Cross-Selling & Employee Benefits

Insurance Journal

By Andrea Wells Predictions of a softer insurance pricing market are on the horizon. Perhaps not in early 2025, but there’s no question the market is stabilizing from the high prices the sector has seen in recent years.

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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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Reading the Fine Print

Insurance Journal

Just because a carrier’s form shows the policyholder has XYZ Coverage does not necessarily mean they have XYZ Coverage in the real world. And yet, I find that few agents understand or know this.

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The Impact of California’s AB5 Law on the Transportation Sector: A National Perspective

Insurance Journal

The reclassification of independent contractors has become a major national issue, and California’s AB5 law has positioned itself at the center of this conversation.

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The Power of BPO for Carriers, MGAs, and Wholesalers: A Comprehensive Solution with Selectsys BPO

Insurance Journal

This post is part of a series sponsored by Selectsys. In the fast-paced and ever-evolving insurance landscape, carriers, MGAs, and wholesalers are constantly seeking ways to improve efficiency, reduce costs, and streamline operations without sacrificing quality.

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Federal Judge Strikes Down Biden Overtime Pay Rule

Insurance Journal

A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U.S. workers eligible for overtime pay. U.S. District Judge Sean Jordan in Sherman, Texas, said the U.S.

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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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Head of Kentucky Plant Says Company Will Cover Damages After Blast

Insurance Journal

LOUISVILLE, Ky. (AP) — The president of a Kentucky plant that exploded earlier this week said the company is accountable for the accident and will pay damages to residents affected by the blast.

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What to Know About Deductibles After Multiple Florida Hurricanes

Insurance Journal

Deductibles serve several purposes. They provide some premium relief for the insured.

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Musk Escalates Altman Legal Feud, Casting OpenAI as Monopolist

Insurance Journal

Elon Musk is ramping up his feud with Sam Altman, alleging in a court filing that OpenAI is trying to corner the market for generative artificial intelligence and sacrificing safety in a race to get ahead.

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Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured

Insurance Journal

An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that most of the homes destroyed were underinsured.

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Smarter Patent Family Research: The Tools And Tactics You Need Now

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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Named vs. Open Perils

Insurance Journal

This column is written primarily for insurance professionals, though I hope that the information I include is helpful to practitioners when communicating with prospects and insureds.

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Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income

Insurance Journal

Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8%. CEO Evan G.

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My New Markets

Insurance Journal

Cyber & Tech E&O Insurance Market Detail: SeedPod Cyber, a managing general agent, is a specialized provider of cyber insurance and tech errors and omissions (E&O) coverage, designed to help businesses mitigate the financial impact of cyber incidents.

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DEI Changes and Support

Insurance Journal

Legal and social issues have put corporate America’s diversity efforts on defense like never before. But despite the scrutiny, diversity, equity and inclusion programs continue to receive high marks from employees, according to a recent survey from The Conference Board.

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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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Changing the Focus of Claims, Data When Talking About Nuclear Verdicts

Insurance Journal

By Ezra Amacher The topic of nuclear verdicts took center stage at this year’s Target Markets Annual Summit in Scottsdale, Arizona, where a panel of carriers and reinsurers discussed rising settlement costs amidst an uncertain litigation environment.

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Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Insurance Journal

Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years.

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Sotheby’s Pays $6 Million to Settle New York Sales Tax Evasion Probe

Insurance Journal

Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.

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Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers

Insurance Journal

A Pasco farm labor contractor faces nearly $140,000 in fines for violations uncovered during a Washington State Department of Labor & Industries investigation that include withholding information from worker.

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

Speaker: Andrew Klein and Jennifer Vandenplas

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.