Building and Insurance - Insurance Industry Brief

Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii

Insurance Journal

NOVEMBER 22, 2024

Josh Green issued an emergency proclamation to postpone the adoption of any new building codes that might exacerbate a housing shortage that had just gotten worse. A month after wildfires ravaged Maui in August 2023, Gov. The governor’s office is …

Building

Building Damage Insured Insurer

ICEYE Analysis Shows Wider Florida Flooding From Milton: 185,000 Buildings Hit

Insurance Journal

OCTOBER 30, 2024

Flooding from Hurricane Milton appears to have been more extensive than initially determined, affecting almost 185,000 buildings all across Florida, says a new analysis from ICEYE, a firm that uses satellite images to measure damage for the insurance industry. The …

Building

Building Damage Insurance Industry Insurer

The Ultimate Guide for Insurance Agents: How to Build a Profitable Final Expense Business

Final Expense Brokerage

JANUARY 29, 2025

Jan 29, 2024 3:23:31 PM Contact Us Share: Final expense insurance is a niche that offers tremendous potential for agents looking to serve seniors and their families. However, for those just starting outor even those whove been in the game for a whilenavigating the complex world of final expense insurance can feel overwhelming.

Insurance Agents

Insurance Agents Insurance Agent Agents Building

OSHA Orders Building Materials Supplier to Reinstate Whistleblower Truck Driver

Insurance Journal

SEPTEMBER 18, 2024

A federal whistleblower investigation has found a Virginia subsidiary of one of the world’s largest building materials manufacturers fired a truck driver in September 2023 illegally after the employee raised safety concerns. The driver expressed concern that the loads and …

Building

Building Commercial

Six Injured After Truck Crashed Into Building and Pedestrians in Boston

Insurance Journal

APRIL 3, 2025

BOSTON (AP) A box truck crashed into a building Tuesday afternoon in Boston’s Chinatown neighborhood and hit several pedestrians before flipping onto its side, city officials said. The driver and five others were injured in what authorities said appears …

Building

Building Auto Insurance Commercial Insured

Viewpoint: The Recipe for Building a Successful MGA

Insurance Journal

FEBRUARY 13, 2025

The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to build nimble, specialized, and client-focused MGAs. For many, launching an MGA is a chance to offer a more tailored approach …

Building

Building Underwriter Underwriting Insurer

2024 National Flood Insurance Program Proof of Loss for Building and Contents

Property Insurance Coverage Law

OCTOBER 31, 2024

The current version of the National Flood Insurance Program Proof of Loss for Building and Contents is available at the below link. THIS FORM IS ONLY ACCESSIBLE USING FIREFOX. You read that correctly; for some reason, you cannot access the form online using Google Chrome, Safari or Microsoft Edge. You MUST use Firefox.

Building

Building Property Insurance Insurer Insurance

4 Ways to Build and Maintain Relationships with Clients

Solstice Insurance Broker

SEPTEMBER 23, 2024

The key is knowing how to successfully build and maintain relationships with clients , where they know that their needs are your priority. This also applies to employer groups. They have a lot of options when it comes to choosing which broker they partner with; so, why should they choose you?

Building

Building Broker

Small Tornado Briefly Swept Into Buffalo, Damaging Buildings, Scattering Tree Limbs

Insurance Journal

AUGUST 7, 2024

A small tornado took Buffalo by surprise Monday, damaging buildings, flipping cars and sending debris swirling over downtown. A spiraling column was caught on multiple videos shortly before 1 p.m. One video showed the cell appearing to move from Lake …

Building

Building Damage

Squishmallows Maker Can Sue Build-A-Bear Over Alleged Plush Toy Knockoffs

Insurance Journal

JULY 17, 2024

judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows, the popular plush toys made by a unit of Warren Buffett’s Berkshire Hathaway. In a decision on Monday, …

Building

Building Claim Liability

Tampa Bay Rays Are Cleared to Stay in St. Petersburg, Build New Ballpark

Insurance Journal

JULY 31, 2024

The Tampa Bay Rays received final approval Tuesday for their proposal to build a new ballpark in St. Petersburg, Florida, capping a years-long process that had clouded the future of the Major League Baseball team. The Pinellas County Commission voted …

Building

Building Property Insurance Liability Insurance Liability

Video Marketing Trends in the Insurance Industry: Engaging Audiences & Building Trust

Insurance Journal

OCTOBER 20, 2024

The insurance industry, traditionally rooted in face-to-face interactions and extensive documentation, is undergoing a significant transformation with the rise of video marketing. As digital communication becomes the norm, retail insurance agents, wholesalers, MGAs, carriers and insurtechs increasingly turn to video …

Insurance Industry

Insurance Industry Building Insurance Agents Insurance Agent

MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries

Insurance Journal

MARCH 28, 2025

MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. The aim of the merger is to build a more robust …

Life Insurance

Life Insurance Building Insurer Insurance

Apple Ordered by UK to Build Backdoor to Access User Data

Insurance Journal

FEBRUARY 10, 2025

to build a backdoor to give it access to global user data, in a move that could spark one of the biggest privacy fights in the iPhone maker’s history. The UK government has ordered Apple Inc. British authorities in an …

Building

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

MARCH 20, 2025

From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options.

Building

Building Protection Damage Liability

Boeing Dismantles DEI Team as Pressure Builds on New CEO

Insurance Journal

NOVEMBER 5, 2024

has dismantled its global diversity, equity and inclusion department, making it the latest high-profile corporation to make changes to its DEI policy as its new top leader oversees a broader revamp of the company’s workforce. Staff from Boeing’s …

Building

Building Policy

How to Build Trust with Small Business Insurance Clients

Insurance Journal

MARCH 23, 2025

Insurance professionals can build trust and communicate effectively with smaller enterprises by focusing on personalized service, clear marketing, and understanding their niche needs. Establishing trust with small business clients is key to maintaining their loyalty over time. Communicate Clearly Small …

Small Business Insurance

Small Business Insurance Building Business Insurance Insurer

Where Is the National Plan for Structural Resiliency? If there is to Be Available and Affordable Insurance, Then Property Has to Be More Resilient to Damage

Property Insurance Coverage Law

FEBRUARY 4, 2025

Resilience extends beyond individual buildings and cities; it requires a regional and national approach to infrastructure development. Stakeholders within the insurance industry have rightfully been calling for more leadership … The post Where Is the National Plan for Structural Resiliency?

Damage

Damage Property Insurance Insurance Industry Building

New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown

Insurance Journal

SEPTEMBER 4, 2024

In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The 52-year-old, family-owned firm is hardly a household name, but it’s vital to how New Yorkers …

Risk

Risk Building Insurer Insurance

Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Insurance Journal

AUGUST 2, 2024

Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …

Risk

Risk Broker-Agent Building Insurance Agents

Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds

Insurance Journal

AUGUST 6, 2024

The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made ineligible for the kind of federal …

Building

Building Risk Insured Insurer

Weathering the Storm: How IBHS Is Revolutionizing Building Safety

Insurance Journal

AUGUST 28, 2024

I recently watched the new movie Twisters starring Daisy Edgar-Jones and Glen Powell, which gives viewers a fantastic and frightening look at the damage tornadoes and severe weather can cause to American communities. Early in the film, storm chaser/scientist Javi, …

Building

Building Damage Home Insurance Insured

What Building Insurance Do I Need for My Business?

Central Insurance

DECEMBER 20, 2024

Are you sure your business is adequately insured? From building coverage to asset protection, we're breaking down the essentials every small business owner needs to know. The post What Building Insurance Do I Need for My Business? appeared first on Central Insurance Blog.

Building

Building Insurer Insurance Insured

Red Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment

Insurance Journal

SEPTEMBER 9, 2024

The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, …

Claim

Claim Damage Insurance Claim Building

Markets/Coverage: Lemonade Expands Home Insurance Offering in UK

Insurance Journal

JULY 16, 2024

Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva. Expanding the company’s home insurance offerings in the UK, homeowners can now purchase extensive coverage for their home …

Home Insurance

Home Insurance Building Insurer Insurance

New Captive Insurer Targets New York Affordable Housing Market

Insurance Journal

JULY 11, 2024

A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co. will be owned …

Insurer

Insurer Insurance Insured Building

Insurance Recruiting: Building Teams That Drive Growth

Redbird Agents

NOVEMBER 15, 2024

Recruitment: The Backbone of the Insurance Industry Insurance recruiting is more than a necessity—it’s a strategy. But insurance recruiting isn’t without challenges. Partner with an insurance recruiting firm that specializes in executive search for roles requiring niche skill sets and deep industry knowledge.

Building

Building License Insurer Insurance

Pawtucket Dismantled Iconic Apex Pyramid Building. Here’s Why.

Insurance Journal

MARCH 25, 2025

Earlier this month wind damaged the iconic Apex pyramid building in Pawtucket Rhode Island prominently visible from Interstate 95. Now, the city of Pawtucket has removed the remaining exterior panels of the iconic structure, leaving only the skeletal frame. Removal …

Building

Building Damage Commercial Property Property Insurance

Renegade Insurance Launches Revolutionary Agency Franchise

Insurance Journal

DECEMBER 11, 2024

Empowering insurance professionals and entrepreneurs to build scalable, profitable, and enduring agencies with innovative tech, competitive economics, and world-class support. Orlando, FL, December 11, 2024 Renegade Insurance proudly announces the launch of its transformative agency franchise model, redefining the …

Insurer

Insurer Insurance Insured Building

Extreme Canada Weather Causes Record $5.7 Billion Insured Damage

Insurance Journal

SEPTEMBER 24, 2024

billion) of insured losses across Canada in just two months — more than any other summer on record. In July and August, a ballistic hailstorm tore through cars and buildings … An onslaught of four natural disasters caused C$7.1 billion ($5.3

Damage

Damage Building Insurer Insurance

What is a “Dwelling” “Structure” or Not a “Building Structure” Under Homeowners Policy? Policy Definitions and Reading the Full Policy Are Keys to Finding Coverage

Property Insurance Coverage Law

DECEMBER 11, 2024

Coverage litigation is sometimes a game of interpreting the language of a complicated document, the insurance policy. Understand your Insurance Policy BetterRTFP! A recent … The post What is a Dwelling Structure or Not a Building Structure Under Homeowners Policy?

Policy

Policy Building Insurance Policy Property Insurance

Captive Insurer Targets New York Affordable Housing Market

Insurance Journal

AUGUST 4, 2024

A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co. will be owned …

Building

Building Insurer Insurance Insured

Three Dozen High-Rise Buildings in South Florida are Sinking, Study Says

Insurance Journal

DECEMBER 18, 2024

SUNNY ISLES BEACH, Fla. (AP) AP) Almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking or settling in unexpected ways, in some cases because of nearby construction, according to a new study. The …

Building

Building Property Insurance Insured Insurer

Hurricane Helene Flood Insurance Claims and Elevated Building Issues? Refer to the Visual Flood Adjusters Use

Property Insurance Coverage Law

OCTOBER 6, 2024

National flood insurance is unlike any other insurance. I have received numerous calls from furious Hurricane Helene policyholders after learning how little coverage is afforded for the non-elevated floor of a multi-story building under their flood insurance policies.

Building

Building Insurance Claim Claim Policyholder

Pool Insurance: What Coverage Should I Ensure My Contractor Has Before Building My Pool?

Central Insurance

OCTOBER 10, 2024

As a homeowner, it’s important to ensure your contractor has the right pool insurance before diving into your pool construction. Learn how pool insurance safeguards your project and what to ask your contractor before work begins. The post Pool Insurance: What Coverage Should I Ensure My Contractor Has Before Building My Pool?

Building

Building Insurer Insurance Insured

Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors

Insurance Journal

JANUARY 17, 2025

Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurance companies in the South has officially gone out of business. Seibels Bruce & Company’s 128,000-square-foot office building in Columbia, South …

Insurance Companies

Insurance Companies Building Insurer Insurance

Landlord Who Ignored Safety Codes Convicted of Murder for Fatal Fire

Insurance Journal

MARCH 7, 2025

was found guilty on two counts of second-degree murder, and 27 criminal building code violations, for the deaths of two tenants who were unable to exit when his building erupted in flames. Walker of Washington, D.C. According to …

Building

Crafting Compelling Content for Insurance Agency Websites

Neilson Marketing Services

JANUARY 30, 2025

The digital space is crowded, and insurance agencies are vying for attention in an industry where trust and expertise matter most. A well-crafted insurance agency website is an essential tool for building credibility, attracting potential clients, and converting leads. A one-size-fits-all approach to website content falls flat.

Insurance Agency

Insurance Agency Insurer Insurance Insured

People Moves: AXIS Names White as Head of Aviation, Succeeding Wood; Lockton Re Names Lynn for New Agriculture Practice, Ferrier for US West Coast Build-Out

Insurance Journal

SEPTEMBER 3, 2024

the Bermuda-based re/insurer, announced … This edition of International People Moves details appointments at AXIS Capital Holdings and Lockton Re. A summary of these new hires follows here. AXIS Names White as Head of Aviation, Succeeding Wood AXIS Capital Holdings Ltd.,

Building

Building Insurer Insurance Insured

5 Ways to Show Appreciation to Your Insurance Clients

Solstice Insurance Broker

FEBRUARY 10, 2025

As an insurance broker, you have a special opportunity to let your clients know how much their loyalty and business mean to you. Valentines Day is just one of many opportunities to show gratitude to those you care about. By showing appreciation, you not only strengthen your current relationships but also attract new ones.

Broker

Broker Insurance Broker Insurer Insurance

California Commissioner Announces FAIR Plan Modernization Deal

Insurance Journal

JULY 26, 2024

California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan have agreed to establishing a new high value commercial coverage option with limits up to $20 million per building and other steps that he said …

Commercial

Commercial Building Insurer Insurance

Life Insurance 101 Presentation

PSM Brokerage

JANUARY 31, 2025

Introducing Life Insurance 101: A Turn-Key Presentation for Agents At PSM Brokerage , we know that educating clients about life insurance can sometimes be challenging. What Is Life Insurance 101? Life Insurance 101 is fully customizable! Saves Time No need to build a presentation from scratch. Its ready to go!

Life Insurance

Life Insurance Insurer Insurance Insured

Examples of Hazards on Construction Sites and How to Build a Safety Culture

Central Insurance

AUGUST 7, 2024

The post Examples of Hazards on Construction Sites and How to Build a Safety Culture appeared first on Central Insurance Blog. From wearing PPE to conducting regular inspections, discover how to protect your team through a culture of safety.

Building

Building Protection Insurer Insurance

Are Insurers Using “New Construction” Xactimate Settings Wrongfully Underpaying Claims?

Property Insurance Coverage Law

SEPTEMBER 11, 2024

A judge in a Mississippi case 1 recently ordered the parties to appraisal, noting: The lawsuit concerns only property insurance coverage for buildings, referenced as the ‘A1 coverage,’ … The post Are Insurers Using “New Construction” Xactimate Settings Wrongfully Underpaying Claims?

Claim

Claim Property Insurance Insurer Insurance

Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii

ICEYE Analysis Shows Wider Florida Flooding From Milton: 185,000 Buildings Hit

Trending Sources

The Ultimate Guide for Insurance Agents: How to Build a Profitable Final Expense Business

OSHA Orders Building Materials Supplier to Reinstate Whistleblower Truck Driver

Six Injured After Truck Crashed Into Building and Pedestrians in Boston

Viewpoint: The Recipe for Building a Successful MGA

2024 National Flood Insurance Program Proof of Loss for Building and Contents

4 Ways to Build and Maintain Relationships with Clients

Small Tornado Briefly Swept Into Buffalo, Damaging Buildings, Scattering Tree Limbs

Squishmallows Maker Can Sue Build-A-Bear Over Alleged Plush Toy Knockoffs

Tampa Bay Rays Are Cleared to Stay in St. Petersburg, Build New Ballpark

Video Marketing Trends in the Insurance Industry: Engaging Audiences & Building Trust

MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries

Apple Ordered by UK to Build Backdoor to Access User Data

Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Boeing Dismantles DEI Team as Pressure Builds on New CEO

How to Build Trust with Small Business Insurance Clients

Where Is the National Plan for Structural Resiliency? If there is to Be Available and Affordable Insurance, Then Property Has to Be More Resilient to Damage

New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown

Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds

Weathering the Storm: How IBHS Is Revolutionizing Building Safety

What Building Insurance Do I Need for My Business?

Red Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment

Markets/Coverage: Lemonade Expands Home Insurance Offering in UK

New Captive Insurer Targets New York Affordable Housing Market

Insurance Recruiting: Building Teams That Drive Growth

Pawtucket Dismantled Iconic Apex Pyramid Building. Here’s Why.

Renegade Insurance Launches Revolutionary Agency Franchise

Extreme Canada Weather Causes Record $5.7 Billion Insured Damage

What is a “Dwelling” “Structure” or Not a “Building Structure” Under Homeowners Policy? Policy Definitions and Reading the Full Policy Are Keys to Finding Coverage

Captive Insurer Targets New York Affordable Housing Market

Three Dozen High-Rise Buildings in South Florida are Sinking, Study Says

Hurricane Helene Flood Insurance Claims and Elevated Building Issues? Refer to the Visual Flood Adjusters Use

Pool Insurance: What Coverage Should I Ensure My Contractor Has Before Building My Pool?

Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors

Landlord Who Ignored Safety Codes Convicted of Murder for Fatal Fire

Crafting Compelling Content for Insurance Agency Websites

People Moves: AXIS Names White as Head of Aviation, Succeeding Wood; Lockton Re Names Lynn for New Agriculture Practice, Ferrier for US West Coast Build-Out

5 Ways to Show Appreciation to Your Insurance Clients

California Commissioner Announces FAIR Plan Modernization Deal

Life Insurance 101 Presentation

Examples of Hazards on Construction Sites and How to Build a Safety Culture

Are Insurers Using “New Construction” Xactimate Settings Wrongfully Underpaying Claims?

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