nehur.com – Page 3

Trump’s second term: What it means for climate risk and insurance

“I believe there is enough momentum for transition efforts to continue moving ahead, even if at a slower speed,” Maryam Golnaraghi (pictured below), director of climate change and environment at the Geneva Association, told Insurance Business. “There are discussions that under Trump’s administration, there would actually be an increase in investments in carbon-removal and storage … Read more

Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge

Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L. Maatman, partner at the firm and co-author of its 650-page report, said class-action settlements in 2024 were “like a gold rush, with plaintiffs mining the courts for … Read more

Injured While ‘Simply Walking’ Not Covered by Workers Compensation

Not all accidents are compensable merely because they happen at work, the Virginia Workers’ Compensation Commission (WCC) reminded in denying a school bus driver workers compensation benefits for an injury that happened while he was simply walking from his bus to a restroom. “Simple acts of walking, bending, reaching, or turning, without any work-related exertion … Read more

Florida court rules HICA lacks standing in insurance lawsuit

Court disagrees Florida law broadly defines assignment agreements as any instrument transferring post-loss benefits under a property insurance policy to a person or entity providing services to protect, repair, or restore the property. HICA argued that it was not a contractor providing such services and therefore did not fall under AOB rules. However, the court … Read more