Monthly Archives: <span>August 2024</span>

Florida Insurer Can’t Object to Appraiser After the Award Is Decided, 11th Circuit Says

If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early in the process – not after the panel provides an unfavorable, multimillion-dollar appraisal award. That was the word this week …

New Mexico Nursing Home Inspections Find at Least 1 Violation in 88% of Facilities

Recent unannounced inspections of nursing homes across New Mexico found at least one violation in 88% of them, authorities said. State health officials said just 11 of the 91 assisted living facilities received a perfect score, while 55 got a …

Pandemic Shifted US Jobs Out of Big Cities Into Smaller Metros

The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities and into smaller metro areas, according to a Federal Reserve Bank of New York . Job …

Families of Loved Ones Left Decaying in Colorado Funeral Home Owed $950M

The Colorado funeral home owners who allegedly stored 190 decaying bodies and sent grieving families fake ashes were ordered by a judge to pay $950 million to the victims’ relatives in a civil case, the attorney announced. The judgment is …

People Moves: XPT Specialty Appoints Myers Transportation Underwriter; Falvey Founder Will Transition to Executive Chairman

XPT Specialty, headquartered in New Haven, Connecticut, appointed Tyler Myers as transportation underwriter. Myers has over 10 years of experience as a broker specializing in underwriting commercial automobile risks. He began his career as an associate underwriter at Burns & …

Maine Grappling With Requests of Companies to Give Up Ownership of Dams

State environmental officials in Maine on July 30 denied petitions from corporate owners of three Bucksport-area dams to forfeit ownership. It was the second time within a week that the state Department of Environmental Protection identified deficiencies in the applications …

Instructor in Plane Crash That Killed Student Pilot Had 2 Prior Crashes: Prosecutors

A flight instructor charged with involuntary manslaughter for a crash that killed a student pilot in eastern Pennsylvania had surrendered his pilot’s certificate after two prior crashes with students aboard, prosecutors said in an indictment unsealed Monday. Philip Everton McPherson …

Severe Storms (Mostly in US) Account for 70% of Global Insured Natural Disaster Losses

Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re. Severe thunderstorms (mainly in the US) accounted for 70% of insured losses …

Delta Passengers Sue Airline for Refusing Refunds After Massive Computer Outage

Delta Air Lines was sued by passengers who complained that the carrier refused to offer full refunds after delaying or canceling their flights in the wake of last month’s massive computer outage. The proposed class action was made public on …

Defining Your Risk When Considering a Wrap-Up: Part 2

This post is part of a series sponsored by TSIB. We continue where we left off in Part 1, looking to answer, is a Wrap-Up right for every project? Now that we have previously identified the 2 main categories of …