Wed.Mar 26, 2025

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Catastrophe Experts Tap AI to Tackle Soaring Insured Losses

Insurance Journal

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods.

Insurance 180
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The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

Property Insurance Coverage Law

Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible. Their expertise in evaluating damages, interpreting policy language, and facilitating settlements is essential in restoring financial stability to individuals and businesses affected by unexpected losses.

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Unusually Active Hurricane Season in Store for the Atlantic: AccuWeather

Insurance Journal

Another above-average hurricane season will threaten the Atlantic this year, with as many as six storms affecting the US, AccuWeather Inc. said.

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The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

Property Insurance Coverage Law

Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible. Their expertise in evaluating damages, interpreting policy language, and facilitating settlements is essential in restoring financial stability to individuals and businesses affected by unexpected losses.

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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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Monsanto’s Bayer to Pay Nearly $2.1 Billion in Roundup Weed Killer Lawsuit

Insurance Journal

A jury in Georgia has ordered Monsanto parent Bayer to pay nearly $2.1 billion in damages to a man who says the company’s Roundup weed killer caused his cancer, according to attorneys representing the plaintiff.

Damage 262

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After Lahaina Fire, Residents Address Their Risk By Becoming ‘Firewise’

Insurance Journal

The car tires, propane tanks, gas generators and rusty appliances heaped on the side of a dirt road waiting to be hauled away filled Desiree Graham with relief.

Risk 262
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NTSB says that 68 bridges in US are at risk from a Dali-style accident

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NTSB says that 68 bridges in US are at risk from a Dali-style accident appeared first on Insurance Marine News.

Risk 52
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Climate Change Triggers More Extreme Weather – From Deluges to Drought

Insurance Journal

Around the globe, rising temperatures stoked by climate change are increasing the odds of both severe drought and heavier precipitation that wreak havoc on people and the environment.

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Kpler: The rise of the shadow fleet

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Kpler: The rise of the shadow fleet 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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22-Year-Old Charged with Arson in Connection to Indianapolis Home Fire

Insurance Journal

The Marion, County Indiana Prosecutor’s Office filed arson charges with Intent to fraud against 22 year-old Gurpreet Singh, the Indianapolis Fire Department announced this week.

Insurance 237
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Russian oil exports rise to five-month high

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian oil exports rise to five-month high appeared first on Insurance Marine News.

Marine 52
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Aurora Plans for Self-Driving Trucks in Harsh Weather in Texas

Insurance Journal

Aurora Innovation AUR.O plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday.

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Owner / charterer conflict in dual fuel bunker declaration a growing issue

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Owner / charterer conflict in dual fuel bunker declaration a growing issue appeared first on Insurance Marine News.

Marine 52
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Crews Battled Helene-Fueled Wildfires for Another Day in the Carolinas

Insurance Journal

Firefighters in North and South Carolina were battling multiple wind-driven wildfires Monday in rugged terrain that complicated containment efforts, officials said.

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Lack of training was a factor in enclosed space deaths: MAIB

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Lack of training was a factor in enclosed space deaths: MAIB appeared first on Insurance Marine News.

Marine 52
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North Carolina Celebrates 15,000 Fortified Roofs from Grant Programs

Insurance Journal

The North Carolina Insurance Underwriting Association this week marked the 15,000th fortified roof in the state, a huge increase since the grant program began in 2017.

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Panama Canal fees down by 15% as capacity increases

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama Canal fees down by 15% as capacity increases appeared first on Insurance Marine News.

Marine 52
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South Korea Battles Wildfires as Death Toll Rises to 18

Insurance Journal

Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest fire disaster in about three decades, as firefighters struggled to contain multiple blazes that have broken out in the country’s …

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FMC denies using rules to regulate prices

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post FMC denies using rules to regulate prices appeared first on Insurance Marine News.

Marine 52
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Texas Court Upholds $300K Settlement Against SkyWest Airlines

Insurance Journal

A federal judge in Texas has denied SkyWest Airlines, Inc.’s bid for a new trial and upheld an order that SkyWest pay a former parts clerk $300,000 in damages, the the U.S. Equal Employment Opportunity Commission (EEOC) announced.

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Houthi Red Sea attacks costing Egypt $800m a month, says al-Sisi

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Houthi Red Sea attacks costing Egypt $800m a month, says al-Sisi appeared first on Insurance Marine News.

Marine 52
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Michigan DIFS Urges Residents to Review Insurance Policies

Insurance Journal

The Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to carefully review and understand their existing insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure the best coverage to protect …

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Sweden’s Vattenfall to go ahead with Germany’s largest offshore wind farm

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Swedens Vattenfall to go ahead with Germanys largest offshore wind farm appeared first on Insurance Marine News.

Marine 52
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Washington, Nevada and Oregon Saw Biggest U.S. Vehicle Theft Drops in 2024

Insurance Journal

Washington, Nevada and Oregon had the biggest percentage drops in vehicle thefts in the U.S.

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EU stands firm on conditions to end Russian sanctions

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EU stands firm on conditions to end Russian sanctions appeared first on Insurance Marine News.

Marine 52
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People Moves: Trucordia Names Davidson SVP of Insurance Broking and Strategy

Insurance Journal

Trucordia, headquartered in Lindon, Utah, named Aaron Davidson senior vice president, broking and strategy. Davidson joins Trucordia from Peak 8 Advisors, where he was a managing partner.

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Life Insurance With Living Benefits – What You Need to Know

RiskQuoter

Did you know that life insurance policies with living benefits can pay you before you die? These policies allow you to access the face amount […] The post Life Insurance With Living Benefits – What You Need to Know appeared first on RiskQuoter.com.

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NAIC, Legislators Push to Abolish the Federal Insurance Office

Insurance Journal

Last week, the National Association of Insurance Commissioners announced its agenda for 2025, including the call to eliminate the U.S. Treasury’s Federal Insurance Office.

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Blog Post: Stay Ahead of New York Business Law Changes with the CSC’s Spring 2025 Deskbook

LexisNexis

By Eric Geringswald | CSC New York business attorneys need the latest legislation and case notes to properly advise clients, conduct research, and prepare transactions. CSCs New York Laws Governing Business Entities Annotated is the right resource to stay on top of legal developments and court decisions. Legislative Updates and Statutory Changes Recent legislative changes are captured in the Spring 2025 edition of our New York deskbook.

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Cyber Security Threat Detected at Kuala Lumpur International Airport: Malaysia Airports

Insurance Journal

A cyber security threat affecting computer systems at the Kuala Lumpur International Airport was detected on Sunday, the National Cyber Security Agency and Malaysia Airports said in a joint statement.

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What to Look for When Searching for a Multifamily or Portfolio Loan

Unitas Financial Services

One aspect of real estate investing that is crucial for success is knowing all the financing options that are available to an investor. Fix and flips and long-term rentals seem to always dominate the conversation, but lenders can offer much more as well. Two of the most underrated but effective loan products that lenders offer are the multifamily loan as well as the portfolio loan.

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Markets/Coverages: Westfield Adds Inland Flood Option; Rokstone Launches Farm & Ranch in 14 States

Insurance Journal

Westfield Expands Flood Protection Options for Homeowners Property/casualty insurer Westfield is expanding its protection options for U.S. homeowners by offering an inland flood coverage add-on designed to help reduce the insurance gap for those living outside historical high-risk flood zones.