Thu.Apr 03, 2025

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Consultant Sheds Some Light on Hot-Potato MGA Fee Report at Florida Legislative Hearing

Insurance Journal

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.

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Innovative Insurance Agency Marketing Strategies

Tosten Marketing

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.

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Kansas’ Key Insurance Placed Into Liquidation

Insurance Journal

Key Insurance, a Kansas-based insurer specializing in non-standard auto, was placed into liquidation this week after a court ruled the company insolvent.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

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.

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Leverage Trellis Court Data To Identify More Investment Opportunities

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.

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Hub Acquires Illinois’ Dansig

Insurance Journal

Hub international Limited announced that it has acquired the assets of Dansig, Inc., d/b/a Dansig Insurance Risk Advisors (Dansig). Terms of the transaction were not disclosed.

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Six Injured After Truck Crashed Into Building and Pedestrians in Boston

Insurance Journal

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.

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Syndicate result 2024 #5 Munich Re 0457

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syndicate result 2024 #5 Munich Re 0457 appeared first on Insurance Marine News.

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Several Companies Must Face Lawsuit Over Tainted Baby Food, Judge Rules

Insurance Journal

A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminated their baby food, causing brain and neurodevelopmental damage to children who ate it.

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Delayed communication, change of route plan, led to $4.5m crane accident, says NTSB

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Delayed communication, change of route plan, led to $4.5m crane accident, says NTSB appeared first on Insurance Marine News.

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Take the Hassle Out of Claims Management

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

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California Delivery Company Must Repay $2M for Workers’ Comp Scheme

Insurance Journal

A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies.

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Fire in engine room of decommissioned German navy vessel

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire in engine room of decommissioned German navy vessel appeared first on Insurance Marine News.

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California Plumbing Contractor Ordered to Pay $1M for Workers’ Comp Fraud

Insurance Journal

A plumbing contractor has been ordered to pay $1 million in restitution to the State Compensation Insurance Fund as part of a workers’ comp fraud prosecution. Daniela G.

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Four LNG carriers deployed by Russia in STS move

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Four LNG carriers deployed by Russia in STS move appeared first on Insurance Marine News.

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People Moves: World Insurance Associates Promotes Scheuer to Division Revenue Leader for Great Lakes Region

Insurance Journal

Katie Scheuer has been promoted to the newly created position of Division Revenue Leader for the Great Lakes Region at World Insurance Associates.

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Chinese bulk carrier grounded in Russia for seven weeks progressing towards refloating

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Chinese bulk carrier grounded in Russia for seven weeks progressing towards refloating appeared first on Insurance Marine News.

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Washington Insurance Restitution Bill Dies in House Committee

Insurance Journal

A bill that would have given Washington’s insurance commissioner the power to order restitution to harmed policyholders failed to pass out of a House committee this week.

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What will Liberation Day mean for global shipping?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post What will Liberation Day mean for global shipping? appeared first on Insurance Marine News.

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Measles Outbreak Spreads to Central Texas; 5 States Report Outbreaks

Insurance Journal

Texas, Oklahoma and New Mexico reported new measles cases this week, with the outbreak expanding for the first time into central Texas. Already, the U.S. has more measles cases this year than in all of 2024, the U.S.

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MAIB issues interim report on Solong / Stena Immaculate accident

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post MAIB issues interim report on Solong / Stena Immaculate accident appeared first on Insurance Marine News.

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Severe Storms Batter Greek Islands, With Crete Hit Hardest

Insurance Journal

Severe storms battered islands in Greece for a second day on Tuesday [April 1], with Crete experiencing the heaviest rainfall. Authorities on Paros and Mykonos, meanwhile, worked to clear overturned cars and debris following hailstorms and torrential downpours.

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Life Insurance With Kidney Disease

RiskQuoter

Kidney disease doesn't automatically disqualify you from life insurance. Learn what insurers look for, how kidney function tests influence your policy, and effective strategies to qualify for affordable coverage. The post Life Insurance With Kidney Disease appeared first on RiskQuoter.com.

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Report Highlights Louisiana’s Tort System as Barrier to Social Mobility

Insurance Journal

A report published this week by a Washington, D.C.-based think tank ranks Louisiana as the worst state for social mobility, and links the state’s lawsuit abuse climate as a factor for why many residents never get ahead.

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The Governmental Action Exclusion: Bill Wilson’s Warning of the New Pollution Exclusion for Property Claims

Property Insurance Coverage Law

By all accounts, the “Governmental Action” exclusion was once a fairly narrow provision in property insurance policies, typically invoked when a governmental body confiscated or destroyed property in the course of official duties. However, as Bill Wilson recently noted inhisInsurance Journal article, Wildfires and Government Action Exclusions,this clause is now being interpreted with increasing latitude … The post The Governmental Action Exclusion: Bill Wilsons Warning of the N

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People Moves: Bayern Joins Alliant Insurance Services as SVP in Denver

Insurance Journal

Justin Bayern joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Denver, Colorado, Bayern has more than 20 years of experience in finance and insurance.

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Q4 2024 Life Insurance Sales Recap and What Agency Owners Should be Doing

Redbird Agents

Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. If youre running an agency or leading a team of producers, this isnt the time to coast. The fourth quarter of 2024 wasnt just strong, it was directional. It highlighted where the life insurance market is headed, what insurance products are winning, and how shifts in interest rates, consumer demand, and technology are redrawing the the growth landscape for your agency.

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South Carolina DOI Names Noga, Formerly With GuideOne, as Captives Director

Insurance Journal

The South Carolina Department of Insurance named Andy Noga, formerly CEO and general counsel of GuideOne Insurance Group, as director of captives, underscoring the state’s commitment to fostering captive insurance companies, the DOI said Wednesday.

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The Governmental Action Exclusion: Bill Wilson’s Warning of the New Pollution Exclusion for Property Claims

Property Insurance Coverage Law

By all accounts, the “Governmental Action” exclusion was once a fairly narrow provision in property insurance policies, typically invoked when a governmental body confiscated or destroyed property in the course of official duties. However, as Bill Wilson recently noted inhisInsurance Journal article, Wildfires and Government Action Exclusions,this clause is now being interpreted with increasing latitude … The post The Governmental Action Exclusion: Bill Wilsons Warning of the N

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Risk Digitization Top Tech Priority for US Insurers

Insurance Journal

Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora.

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Top 10 Tips for New Insurance Buyers

R&R Insurance

Buying insurance can be intimidating. Just going through the process you may find yourself inundated with a wide range of unfamiliar words and phrases such as indemnification or coinsurance making everything seem a little more difficult to understand. Yet in today's world its expected you take the responsibility to purchase insurance. In an effort to help a first-time buyer simplify the process, I thought I would sit down and ask for guidance from an industry veteran, a Personal Lines Insurance

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Supreme Court: Truck Driver Can Seek Treble Damages Over THC in CBD Product

Insurance Journal

The Supreme Court on Wednesday sided with a truck driver who wants to sue for triple damages over a CBD hemp product he says was falsely advertised as being free from marijuana’s active ingredient and resulted in him getting fired.

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Inside-Out Cybersecurity: Cowbell Connectors Expand to 30+ Integrations

Cowbell

The frequency and sophistication of cyber attacks keep increasing, thus companies of all sizes are striving to strengthen their cybersecurity posture and optimize their insurance coverage. Here at Cowbell, we remain committed to helping policyholders, agents, and brokers gain a comprehensive view of riskinside and out. Thats why were excited to share that our suite of Cowbell Connectors now offers over 30 integrations with leading security and cloud services.

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Early CSU Hurricane Season Forecast Calls for ‘Above-Average’ Activity

Insurance Journal

The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025.

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