Thu.Mar 06, 2025

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US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

Insurance Journal

As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties.

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Bad Faith and Vexatious Refusal in Missouri

Property Insurance Coverage Law

The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly. The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance C

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Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund

Insurance Journal

RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS).

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Bad Faith and Vexatious Refusal in Missouri

Property Insurance Coverage Law

The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly. The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance C

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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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Australia’s Prudential Watchdog Targets Longest-Serving Board Directors

Insurance Journal

Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years.

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Tariffs Will Negatively Affect Insurance Industry, Says AM Best

Insurance Journal

Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industryparticularly impacting the U.S.

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Housing Code Violations in Los Angeles: An Interview with Katie Vespia 

Distinguished

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. We speak with Katie Vespia, President of Distinguisheds Real Estate program , to discuss common violations, associated fines, the resolution process, and how these issues impact insurance coverage. Can you outline some of the most common housing violations in Los Angeles?

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People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

Insurance Journal

This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here.

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Blog Post: What Is Agentic AI?

LexisNexis

One of the most frequent questions, What is agentic AI, provides an opportunity to explore advancement in artificial intelligence. How better to do that than with the assistance of a generative AI Large Language Model (LLM) that did a fantastic job providing the framework for this blog post? The information below looks at the evolution of generative, extractive and agentic AI; its impact on various industries; how agentic AI provides the foundation for personal assistants in the workplace; a bit

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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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Arkansas’ The River Company and Rogers Insurance Merge to Form ANKR

Insurance Journal

Two Arkansas independent agencies The River Company and Rogers Insurance announced their merger today, creating ANKR, one of the largest and most comprehensive insurance and payroll firms in the state.

Insurer 246
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Creating an Effective SEO Content Marketing Strategy

Tosten Marketing

SEO content marketing strategy is a game-changer for businesses looking to boost their online visibility and attract more customers. At Tosten Marketing, we’ve seen firsthand how a well-crafted approach can transform an insurance agency’s digital presence. This blog post will guide you through the essential steps to create an effective SEO content marketing strategy that drives results.

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Experts Discuss Transportation Insurance Challenges, Opportunities With Captives

Insurance Journal

Standard market woes, captive growth and the increased importance of navigating relationships with third-party administrators insurance experts in the commercial trucking arena have helped their clients traverse a challenging road in recent years.

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Meet Ashley Mehyo | Distinguished Fine Art & Collectibles

Distinguished

Step into a world where safeguarding masterpieces isn’t just a duty, it’s an art form. At Distinguished, we can help you provide your clients with peace of mind and the highest level of protection for their cherished possessions. Our Fine Art and Collectibles insurance team are experts in the industry and here to help you every step of the way.

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EU Court Fines Five Countries for Lacking Whistleblower Protection

Insurance Journal

The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers who expose fraud, tax evasion, data breaches and other misdeeds. The court handed a fine of 34 million euros ($36.

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Illegal environmental waste still slipping through Malaysian

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Illegal environmental waste still slipping through Malaysian appeared first on Insurance Marine News.

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CoreLogic: Chicago Has Most Homes at Risk from Convective Storms

Insurance Journal

Convective storms added to a year of extreme weather events that will put pressure on property insurance rates, particularly in a few hard-hit states, a new report shows.

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Barge contact was not cause of degraded dock collapse, 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 Barge contact was not cause of degraded dock collapse, says NTSB appeared first on Insurance Marine News.

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Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd.

Insurance Journal

NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm. Financial details of the transaction were not disclosed.

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Russia’s Arctic port of Arkhangelsk sees big rise in container shipping

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russias Arctic port of Arkhangelsk sees big rise in container shipping appeared first on Insurance Marine News.

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People Moves: Courtney to Lead Nationwide’s Newest E&S Brokerage Property Unit

Insurance Journal

Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with the goal of opening for business in the second half of the year.

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CMA CGM orders electric inland container barge for Nike goods in Vietnam

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post CMA CGM orders electric inland container barge for Nike goods in Vietnam appeared first on Insurance Marine News.

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AM Best Affirms Financial Strength Rating of Church Mutual

Insurance Journal

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Church Mutual Insurance Company, S.I. The outlook assigned to these Credit Ratings (ratings) is negative.

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OFAC sanctions Houthi leaders; says they arranged weapons deals with Russia

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post OFAC sanctions Houthi leaders; says they arranged weapons deals with Russia appeared first on Insurance Marine News.

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Alliant Names Norris, Vance to VP Roles in Southeast

Insurance Journal

Alliant Insurance Services announced two additions to the team in the Southeast. Sadler Norris was named vice president in the employee benefits group, based in Atlanta.

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Some shipping firms are quietly departing Hong Kong offices, flag, report claims

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Some shipping firms are quietly departing Hong Kong offices, flag, report claims appeared first on Insurance Marine News.

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People Moves: NFP Names Nathan as SVP, Sales

Insurance Journal

NFP, an Aon company and leading property and casualty (P&C) broker based in New York City, hired Priya Nathan as senior vice president, sales, in its central region. Nathan is based in Austin, Texas.

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Housing Code Violations in Los Angeles: An Interview with Katie Vespia

Distinguished

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. We speak with Katie Vespia, President of Distinguisheds Real Estate program , to discuss common violations, associated fines, the resolution process, and how these issues impact insurance coverage. Can you outline some of the most common housing violations in Los Angeles?

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Report: More Insurers in California Paying Wildfire Victims Without Itemized List

Insurance Journal

More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department of Insurance.

Insurer 168
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TurboRater in Action: Simplify your Agency’s Quoting Process

Zywave

Discover how TurboRater can revolutionize your agencys quoting process by saving time, reducing errors, and enhancing customer satisfaction. In this live session, our experts will walk you through the key features of TurboRater and demonstrate how it simplifies quoting for personal lines. During this webinar, you will learn how TurboRater automates and accelerates quoting to increase efficiency and see a live demo showcasing TurboRater’s powerful features in action.

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Birth Injury Compensation Fund Executive Gets 9 Years for Embezzling $6.7 Million

Insurance Journal

A Providence Forge, Virginia man has been sentenced to nine years in prison for embezzling funds from his former employer, the Virginia Birth-Related Neurological Injury Compensation Program.

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Marine round-up : 7th March 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 7th March 2025 appeared first on Insurance Marine News.

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Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb

Insurance Journal

Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion a nearly 90% increase over the same period the prior year. Boston-based Liberty Mutual’s total combined ratio of 91.

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