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A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting.
Yesterdays testimony before the Florida House Insurance & Banking Subcommittee ripped the cover off a story thats been brewing for years: the Office of Insurance Regulation (OIR) under David Altmaier had a completed, paid-for, red-flag-waving report about insurer affiliate transactions showing hundreds of millions of hidden profits for the insurance industry and simply chose to … The post Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer
Insurance agencies face fierce competition in today’s market. A well-crafted marketing plan can make all the difference in attracting and retaining clients. At Tosten Marketing, we’ve compiled effective insurance agency marketing plan examples to help you stand out from the crowd. These strategies cover everything from digital presence to partnerships, giving you a comprehensive toolkit for success.
The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders. Read more to understand this relationship and how agents can help policyholders manage this uncertainty.
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.
Its nearly everyones least favorite time of year: tax season. But, working with Word & Brown, you have access to a broad range of plans, products, and services that offer potential tax and other savings to your individual and group insurance clients. Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes.
Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.
Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.
A recent public records request byTampa Bay Timesreporter Lawrence Mower has uncovered a revealing memo from Floridas Office of Insurance Regulation (OIR) that could mark a major turning point in how the state handles insurance regulation. The document, obtained under the Freedom of Information Act, details a proposal to reunify the states fragmented insurance oversight … The post Floridas Divided Insurance Regulation Is Under Fire and for Good Reason appeared first on Property Insurance
Insurance agency marketing strategies are evolving rapidly in the digital age. At Tosten Marketing, we’ve seen firsthand how innovative approaches can transform an agency’s growth and client relationships. This blog post explores cutting-edge tactics that blend digital platforms, content marketing, and personalized customer experiences to help insurance agencies thrive in a competitive landscape.
When you think about the constantly evolving nature of cyber attacks , you may think about threat actors using AI to find and exploit new vulnerabilities in software and networks. Yet one recent cyber threat takes advantage of peoples trust in the post office. Hackers are using snail mail to spread malware. This strategy is especially devious because it targets victims at their physical mailboxone of the last places theyre expecting to encounter cyber threats.
Whether youre just starting out or have years of experience in the industry, staying competitive means staying informed. One area gaining serious traction in recent years? Professional Employer Organizations, or PEOs. These co-employment solutions are no longer nichetheyre now a go-to option for small and mid-sized businesses looking to simplify operations, reduce costs, and offer competitive benefits without the overhead.
Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor
Italy’s biggest insurer Generali intends to heed advice from the government when Rome starts reviewing a planned asset management tie-up with France’s BPCE, CEO Philippe Donnet said in a newspaper interview on Friday.
When I was first starting in the property insurance claim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insurance claims personnel and the presenters. I still think of the PLRB as having some of … The post Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?
Introduction For UK landlords, maintaining and managing rental properties can be both rewarding and challenging. With unpredictable situations that can arise at any time, having a robust plan to safeguard your investment is paramount. Two insurance options that often get overlooked but can make a significant financial difference are rent guarantee insurance and home emergency insurance.
Imagine a scenario where a contractor accidentally damages your property or a worker gets injured while working on your home. Without proper insurance, you could be held liable. When hiring contractors for home projects, ensuring they have proper insurance coverage is crucial. Let’s explore why verifying contractor insurance matters and how it shields your property during renovations or repairs.
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post CMA CGM sues Houston bunker supplier for $5m appeared first on Insurance Marine News.
The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts in a continuation of the favorable market conditions seen in January, according to reports published by Aon and Gallagher Re.
When I was first starting in the property insurance claim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insurance claims personnel and the presenters. I still think of the PLRB as having some of … The post Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?
The Centers for Medicare & Medicaid Services (CMS) has officially released the 2026 Rate Announcement , finalizing updates to Medicare Advantage (MA) and Part D payment policies. This is essential information for agents as you prepare your strategy and support your clients heading into the 2026 plan year. Lets break down the major takeaways from this announcement.
Are you in the US looking for the best health insurance plan for you and your family? There are several health insurance plans with good health insurance policies in the US. A health insurance plan is a financial agreement in which you pay a regular fee to an insurance company. The fee you pay is […] The post 5 Best Health Insurance Plans for Families in the US appeared first on My Top Insurance Blogs.
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Seafarers continue to struggle to get proper shore leave appeared first on Insurance Marine News.
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship.
A recent public records request byTampa Bay Timesreporter Lawrence Mower has uncovered a revealing memo from Floridas Office of Insurance Regulation (OIR) that could mark a major turning point in how the state handles insurance regulation. The document, obtained under the Freedom of Information Act, details a proposal to reunify the states fragmented insurance oversight … The post Floridas Divided Insurance Regulation Is Under Fire and for Good Reason appeared first on Property Insurance
On April 4, 2025 , CMS released the final rule for Contract Year (CY) 2026 , bringing important updates to Medicare Advantage (MA) , Part D, PACE programs, and Medicare cost plans. This rule focuses on improving enrollee protections, enhancing drug coverage transparency, streamlining plan operations, and supporting vulnerable populations like dually eligible beneficiaries.
Legal Analytics Platform and Generative AI Lex Machina® remains at the forefront of innovation as the landscape of legal technology evolves. With the introduction of LexisNexis Protégé in Lex Machina®, LexisNexis has leaped forward in making legal intelligence more accessible and actionable for all users. Learn how Protégé in Lex Machina uses generative artificial intelligence to revolutionize the way legal professionals interact with data, leading to more favorable
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post AP Moller Holding bids $1.3bn for tugboat group Svitzer appeared first on Insurance Marine News.
World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years.
A new report, 14 Florida Insurers Closed Over Half of Homeowner Damage Claims with Zero Payment in 2024, 1 has revealed that 14 Florida insurers closed over half of homeowner damage claims without making any payment in 2024. For those of us who closely follow Floridas insurance market, this headline is alarming but, unfortunately, not … The post Claims Made with No Payment Is Also a Florida Insurance Crisis appeared first on Property Insurance Coverage Law Blog.
The trend of pet-friendly workplaces has seen a significant rise in recent years, with many companies recognizing potential benefits for employee morale and recruitment. A 2024 study found that 82% of HR professionals believe being a pet-friendly employer will help them recruit and retain the best talent. The most common way this tends to play out is in the form of employee benefits.
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NYK president says US tariffs will slow cargo flows appeared first on Insurance Marine News.
The average woman working in the UK financial sector earns about a fifth less than their male colleagues, a reflection of how the gender pay gap has stubbornly persisted even during a period when businesses pledged to address workplace inequity …
Jon Held is moving to a new role in his company. It is not a full retirement, but we all get the picture. He stated: After 40 years as CEO of J.S. Held LLC, I am proud to announce that I will be transitioning to a new role with the company as Executive Chairman of … The post Jon Held Moves From CEO Role appeared first on Property Insurance Coverage Law Blog.
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