Wed.Dec 11, 2024

article thumbnail

Florida Hospital Can’t Avoid Med Mal Suit Over Birth Injury, Appeals Court Says

Insurance Journal

Florida lawmakers established the Birth-Related Neurological Injury fund in 1988 to provide a no-fault remedy for parents of children with certain injuries incurred at birth, with an aim toward reducing the soaring cost of medical malpractice claims.

Injury 264
article thumbnail

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

Coverage litigation is sometimes a game of interpreting the language of a complicated document, the insurance policy. Doing so is not always easy, and things are not always as they seem. This post is a reminder to study When Words Collide: Policy Interpretation Doctrines and the 10 Commandments. Understand your Insurance Policy BetterRTFP! A recent … The post What is a Dwelling Structure or Not a Building Structure Under Homeowners Policy?

Policy 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Farmers Now Eyeing California Favorably and Will Expand Its Coverage Options

Insurance Journal

Farmers Insurance said on Wednesday it will resume offering coverage for multiple lines of insurance in California to new customers. The lines include condominium, renters, umbrella, landlord, vacant and manufactured home.

Insurance 264
article thumbnail

How to Boost Your Year-End Insurance Sales | Solstice

Solstice Insurance Broker

As the year wraps up, it's more important than ever to hit those sales targets. This period is often marked by heightened competition and a sense of urgency.

Insurance 113
article thumbnail

Streamline Insurance Claims Management By Analyzing Legal Trends

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

article thumbnail

Inszone Acquires Texas’ Southerland And Associates

Insurance Journal

Inszone Insurance Services announced the acquisition of Southerland and Associates, Inc., an agency based in Austin, Texas.

Insurance 263

More Trending

article thumbnail

Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance

Insurance Journal

Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years.

Cyber 262
article thumbnail

7 things every small business owner should know.

Frankenmuth Insurance

Running a business takes more than passion it requires careful planning and preparation. From disaster planning to financial management, these are seven of the most important things small business owners should know to protect and grow their businesses. Your disaster plan. Because disaster can strike at any time, business owners should have a disaster contingency plan.

Agents 75
article thumbnail

Florida Set to Produce the Fewest Oranges Since 1930 After Storm

Insurance Journal

Florida’s orange production for the current season is forecast at 12 million boxes, the lowest since 1930, after a hurricane this fall accelerated an unrelenting industry downturn.

article thumbnail

Increase Your Commissions by Selling Disability Insurance

Word & Brown

If you are looking for another way to address more of your clients needs and increase your commissions in 2025 it might be time to consider selling disability income insurance. Nationally, the 2024 revenue for the U.S. disability insurance market is estimated to be $19.3 billion, according to IBIS World , with growth expected in the next five years.

article thumbnail

Uber Warns NYC Response to Insolvent Taxi Insurer Exposes Drivers

Insurance Journal

Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles.

article thumbnail

Future Tasmanian ferry attracts local interest in Leith, Scotland

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Future Tasmanian ferry attracts local interest in Leith, Scotland appeared first on Insurance Marine News.

Marine 52
article thumbnail

HUB Survey: Most HNW Clients Say Insurance Is Tough to Find

Insurance Journal

Looking ahead, high-net-worth individuals will need to look to alternative risk-transfer solutions and take part in risk mitigation to get insurance coverage, according to brokerage Hub International.

Risk 246
article thumbnail

Why is Somali piracy back on the agenda?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Why is Somali piracy back on the agenda? appeared first on Insurance Marine News.

Marine 52
article thumbnail

Future Pandemic Could Cause $13.6 Trillion in Economic Losses Over 5 Years: Lloyd’s

Insurance Journal

Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance market Lloyd’s of London predicted.

article thumbnail

Panama affirms its commitment to seafarers’ rights

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama affirms its commitment to seafarers rights appeared first on Insurance Marine News.

Marine 52
article thumbnail

Renegade Insurance Launches Revolutionary Agency Franchise

Insurance Journal

Empowering insurance professionals and entrepreneurs to build scalable, profitable, and enduring agencies with innovative tech, competitive economics, and world-class support.

Insurance 246
article thumbnail

Ukraine to sell off six old ocean-going vessels

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ukraine to sell off six old ocean-going vessels appeared first on Insurance Marine News.

Marine 52
article thumbnail

Krispy Kreme Hack Disrupts Online Ordering, Other Operations

Insurance Journal

Krispy Kreme Inc. said a cybersecurity incident had disrupted some of its operations, including online ordering in parts of the US. The company said in a regulatory filing Wednesday that it was notified on Nov.

Cyber 246
article thumbnail

Altera pays NOK8m fine in Norway for shuttle-tanker scrapping

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Altera pays NOK8m fine in Norway for shuttle-tanker scrapping appeared first on Insurance Marine News.

Marine 52
article thumbnail

Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel

Insurance Journal

British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.

246
246
article thumbnail

Greenpeace settles with Shell out of court

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Greenpeace settles with Shell out of court appeared first on Insurance Marine News.

Marine 52
article thumbnail

Deadly Air Show Crash in Texas Caused by Lack of Proper Planning: NTSB

Insurance Journal

WASHINGTON (AP) The deadly crash of two vintage military planes at a 2022 air show in Texas was caused by a lack of proper planning to keep aircraft separated and relying instead on a “see-and-avoid strategy” by pilots, federal …

246
246
article thumbnail

Fire on bulk carrier at Gran Canaria is brought under control

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire on bulk carrier at Gran Canaria is brought under control appeared first on Insurance Marine News.

Marine 52
article thumbnail

Court Nixes Workers’ Compensation for ‘Light Beer’ Drinking UPS Driver

Insurance Journal

A United Parcel Service (UPS) driver who was intoxicated when he crashed his semi-trailer delivery truck has been denied workers’ compensation benefits.

article thumbnail

Barge aground in Normandy after Storm Darragh

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Barge aground in Normandy after Storm Darragh appeared first on Insurance Marine News.

Marine 52
article thumbnail

Guy Carpenter to Research Parametric Solutions in California, Florida

Insurance Journal

Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks.

Risk 246
article thumbnail

River shipping halted on part of Moselle after lock accident

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post River shipping halted on part of Moselle after lock accident appeared first on Insurance Marine News.

Marine 52
article thumbnail

Large UK Insurers to Report Daily Cash Positions During Crises Under New Proposals

Insurance Journal

Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed on Wednesday by the Prudential Regulation Authority, after it identified information gaps during recent market turmoil.

article thumbnail

Embracing Innovation: The Future of Insurance with AI and Insurtech

Agency Revolution

In an era where technology is reshaping industries, the insurance sector is no exception. Lets delve into how these advancements are transforming the insurance landscape. AI: A Multi-Faceted Tool for Modern Agencies If you use it for your agency currently, Im sure youll agree. If you havent, hopefully, this can give you the incentive to try it for yourself.

article thumbnail

US Commercial Lines Prices Up About 6% Again: WTW CLIPS

Insurance Journal

Broker WTW said commercial lines insurance rates increased overall by an average of 6.1% during the third quarter 2024.

article thumbnail

Unlock Savings on Home and Auto Insurance with Bundling

LeverageRx

Are you a physician looking for a mortgage, but unsure which lender to go with? Well help you evaluate First Horizon as an option.

article thumbnail

Malibu Firefighters Make Gains on Blaze as Wind Warnings Persist

Insurance Journal

Firefighters made some gains containing a raging wildfire that threatens Malibu, California, even as the burn area doubled in size in a day and high-wind warnings are forecast to persist through much of Wednesday.

Damage 245
article thumbnail

Captive Agent vs. Independent Agent: What’s the Difference and Why Does It Matter?

TGS

TGS Insurance Blog Captive Agent vs. Independent Agent: Whats the Difference and Why Does It Matter? When it comes to buying insurance, the options can feel overwhelming. Policies, premiums, deductiblesits a lot to process. But before diving into the nitty-gritty details of coverage, theres one crucial decision to make: working with a captive agent vs independent agent.

Agents 52