Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 10:48:032022-11-18 14:03:47Lemonade Records Net Loss, Top and Bottom Line Growth
Three meat plant workers have filed a federal lawsuit accusing 11 of the United States’ largest beef and pork producers of conspiring to depress wages and benefits. The lawsuit, filed in federal court in Denver on Friday, seeks class-action status …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 10:29:562022-11-18 14:03:47Lawsuit Accuses Largest U.S. Meat Producers of Wage Fixing
Climate change-related litigation has more than doubled in the past seven years globally according to a June report by the London School of Economics, and is moving beyond traditionally polluting industries such as fossil fuel production. At the COP27 climate …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/climate-change-law-580x406-1.jpg406580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 10:11:422022-11-18 14:03:48The Newest Fronts in Climate-Change-Related Legal Battles
Third-quarter 2022 marked the 20th consecutive quarter of increased premiums for commercial property/casualty, according to the latest report from the Council of Insurance Agents and Brokers (CIAB). The average premium increase across all account sizes was was 8.1% in Q3 …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/its-ipo-complete-goosehead-insurance-looks-towards-580x372-1.jpg372580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 09:57:412022-11-18 14:03:49Commercial P/C Rates Up for 20th Straight Quarter: CIAB
Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals. The company said Wednesday that it will increase the amount of liability coverage for …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/Airbnb-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 07:35:382022-11-18 14:03:50Airbnb Aims to Convince More People to Rent Out Their Homes
Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost to fraud, U.S. congressional investigators said on Thursday. A pair of House of …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 01:53:302022-11-18 14:03:50ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says
A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange, though the cases will face obstacles including proving that U.S. …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/crypto-exchange-ftx-logo-getty-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-18 01:39:152022-11-18 14:03:51‘Wave’ of Lawsuits Over FTX Expected, but Investors Will Face Legal Hurdles
U.S. auto safety regulators on Thursday confirmed a new death tied to a defective air bag inflator in a 2006 Ford Ranger pickup and reiterated urgent calls for owners to get their vehicles repaired. Chrysler parent Stellantis earlier this month …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/Ford-dealer-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 11:53:312022-11-17 14:00:23NHTSA Confirms New Ford Death Due to Faulty Air Bag Inflator
When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open Blockchain Initiative (MOBI), sees the appeal. MOBI is …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/Blockchain-580x255-1.jpg255580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 11:27:482022-11-17 14:00:24Could Blockchain Make Data Integration a Reality for Insurers?
The U.S. operations of Chinese-owned TikTok raise national security concerns, FBI Director Chris Wray said on Tuesday, flagging the risk that the Chinese government could harness the video-sharing app to influence users or control their devices. Risks include “the possibility …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/tiktok-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 10:12:192022-11-17 14:00:25FBI Director Says TikTok Poses National Security Concerns
Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a report published Wednesday. Some endured as many as 12 federally-declared disasters over those 11 years. More than 300 million people …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/Superstorm-Sandy-School-in-Belmar-NJ-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 09:18:112022-11-17 14:00:26Report: 90% of U.S. Counties Hit With Disaster in Last Decade
Markel Corp. said current co-CEO Thomas S. Gayner will become the sole CEO upon the retirement of co-CEO Richard R. Whitt III on January 1, 2023. Markel in May announced the anticipated retirement of Whitt by the end of March …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 08:52:502022-11-17 14:00:26Gayner to Become Markel Corp. CEO on Jan. 1
Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half, and reduce pickup truck crashes by more than 40%. The studies released Tuesday, one by a government-auto industry partnership and the …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/pickup-truck-accident-Bigstock-580x326-1.jpg326580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 02:01:462022-11-17 14:00:27Studies Find Automatic Braking Can Cut Crashes Over 40%
Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming the latest major drug industry player to promise major support to state, local and tribal governments still grappling with …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-17 01:55:452022-11-17 14:00:27Walmart Offers to Pay $3.1B to Settle Opioid Lawsuits
Act by December 15 to have coverage starting January 1. There’s less than a month left to enroll in or change Marketplace health insurance for coverage that starts January 1, 2023.
The last day to enroll in or change plans for 2023 coverage is January 15 when Open Enrollment ends. For coverage to start:
January 1, 2023: Enroll by December 15, 2022
February 1, 2023: Enroll by January 15, 2023
Apply & enroll today
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Get help now if you have questions or need help applying.
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 19:00:002022-11-17 14:00:29Don’t miss out: Get Marketplace insurance that starts Jan 1
Catastrophe modeler RMS said private market U.S. insured losses from Hurricane Nicole are estimated at less than $2 billion, with a best estimate of $1.6 billion. This estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding. Losses …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/wilbur2-1-580x435-1.jpg435580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 12:47:142022-11-16 14:05:12RMS: Less Than $2B in Insured Losses from Hurricane Nicole
Yancy Named President of American Family Group Telisa Yancy, president of American Family Insurance Direct, has been named president of the American Family Insurance Group of companies. Yancy’s new role will begin Jan. 1, 2023. Yancy joined the organization as …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 12:06:202022-11-16 14:05:12People Moves: Yancy President of American Family Group; 16 Promotions at H.W. Kaufman
U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. The proposed class action filed late Tuesday night …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/FTX-bigstock-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 11:11:342022-11-16 14:05:13FTX’s Bankman-Fried, Celebrity Promoters Sued by Crypto Investors
The hype around the metaverse has been matched by the millions of dollars being invested by big tech and big business. With Walmart recently announcing its entry on the online gaming platform Roblox, the message to B2C and B2B companies …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/Metaverse-bigstock-580x256-1.jpg256580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 09:25:022022-11-16 14:05:14Viewpoint: The Metaverse – Hype vs Reality
Workers returning to work after an injury can faced various obstacles depending on the nature of their injury and the job, their available benefits and rehabilitation needs, even transportation challenges. Those who help workers know that behavioral issues also get …
https://www.maddoxinsured.com/wp-content/uploads/2022/11/mental-health-businessman-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2022-11-16 06:41:472022-11-16 14:05:15Psychosocial Barriers Not Uncommon in Workers’ Comp Recoveries
Lemonade Records Net Loss, Top and Bottom Line Growth
Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …
Lawsuit Accuses Largest U.S. Meat Producers of Wage Fixing
Three meat plant workers have filed a federal lawsuit accusing 11 of the United States’ largest beef and pork producers of conspiring to depress wages and benefits. The lawsuit, filed in federal court in Denver on Friday, seeks class-action status …
The Newest Fronts in Climate-Change-Related Legal Battles
Climate change-related litigation has more than doubled in the past seven years globally according to a June report by the London School of Economics, and is moving beyond traditionally polluting industries such as fossil fuel production. At the COP27 climate …
Commercial P/C Rates Up for 20th Straight Quarter: CIAB
Third-quarter 2022 marked the 20th consecutive quarter of increased premiums for commercial property/casualty, according to the latest report from the Council of Insurance Agents and Brokers (CIAB). The average premium increase across all account sizes was was 8.1% in Q3 …
Airbnb Aims to Convince More People to Rent Out Their Homes
Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals. The company said Wednesday that it will increase the amount of liability coverage for …
ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says
Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost to fraud, U.S. congressional investigators said on Thursday. A pair of House of …
‘Wave’ of Lawsuits Over FTX Expected, but Investors Will Face Legal Hurdles
A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange, though the cases will face obstacles including proving that U.S. …
NHTSA Confirms New Ford Death Due to Faulty Air Bag Inflator
U.S. auto safety regulators on Thursday confirmed a new death tied to a defective air bag inflator in a 2006 Ford Ranger pickup and reiterated urgent calls for owners to get their vehicles repaired. Chrysler parent Stellantis earlier this month …
Could Blockchain Make Data Integration a Reality for Insurers?
When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open Blockchain Initiative (MOBI), sees the appeal. MOBI is …
FBI Director Says TikTok Poses National Security Concerns
The U.S. operations of Chinese-owned TikTok raise national security concerns, FBI Director Chris Wray said on Tuesday, flagging the risk that the Chinese government could harness the video-sharing app to influence users or control their devices. Risks include “the possibility …
Report: 90% of U.S. Counties Hit With Disaster in Last Decade
Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a report published Wednesday. Some endured as many as 12 federally-declared disasters over those 11 years. More than 300 million people …
Gayner to Become Markel Corp. CEO on Jan. 1
Markel Corp. said current co-CEO Thomas S. Gayner will become the sole CEO upon the retirement of co-CEO Richard R. Whitt III on January 1, 2023. Markel in May announced the anticipated retirement of Whitt by the end of March …
Studies Find Automatic Braking Can Cut Crashes Over 40%
Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half, and reduce pickup truck crashes by more than 40%. The studies released Tuesday, one by a government-auto industry partnership and the …
Walmart Offers to Pay $3.1B to Settle Opioid Lawsuits
Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming the latest major drug industry player to promise major support to state, local and tribal governments still grappling with …
Don’t miss out: Get Marketplace insurance that starts Jan 1
Act by December 15 to have coverage starting January 1. There’s less than a month left to enroll in or change Marketplace health insurance for coverage that starts January 1, 2023.
The last day to enroll in or change plans for 2023 coverage is January 15 when Open Enrollment ends. For coverage to start:
Apply & enroll today
Get help now if you have questions or need help applying.
RMS: Less Than $2B in Insured Losses from Hurricane Nicole
Catastrophe modeler RMS said private market U.S. insured losses from Hurricane Nicole are estimated at less than $2 billion, with a best estimate of $1.6 billion. This estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding. Losses …
People Moves: Yancy President of American Family Group; 16 Promotions at H.W. Kaufman
Yancy Named President of American Family Group Telisa Yancy, president of American Family Insurance Direct, has been named president of the American Family Insurance Group of companies. Yancy’s new role will begin Jan. 1, 2023. Yancy joined the organization as …
FTX’s Bankman-Fried, Celebrity Promoters Sued by Crypto Investors
U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts. The proposed class action filed late Tuesday night …
Viewpoint: The Metaverse – Hype vs Reality
The hype around the metaverse has been matched by the millions of dollars being invested by big tech and big business. With Walmart recently announcing its entry on the online gaming platform Roblox, the message to B2C and B2B companies …
Psychosocial Barriers Not Uncommon in Workers’ Comp Recoveries
Workers returning to work after an injury can faced various obstacles depending on the nature of their injury and the job, their available benefits and rehabilitation needs, even transportation challenges. Those who help workers know that behavioral issues also get …