Tue.Mar 04, 2025

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LMI activates our Catastrophe Response Plan

Prof. Allan Manning

Having attended every major natural catastrophe as LMI since 1999, both LMI Group and Aequum Adjusters have activated their respective Catastrophe Response plans putting in place the resources required to respond to the expected claims from Cyclone Alfred. We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible res

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When Does Property Insurance Coverage Start? Only After You Move Into the Home?

Property Insurance Coverage Law

How many of us move into a home before purchasing it? How many days do you have to move into a new home after purchase to keep your insurance coverage valid? AmGuard took the position that the new homeowner had no coverage because she was not living at the premises when she purchased the policy … The post When Does Property Insurance Coverage Start?

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Liberty Mutual to Sunset Safeco Brand in 2026

Insurance Journal

Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name.

Agents 328
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Maximizing Value: Bundling Dental & Vision Insurance for Your Clients

Solstice Insurance Broker

As an insurance broker, you want to offer your clients solutions that are comprehensive in terms of coverage and appealing when it comes to cost. Bundling dental and vision insurance is a fantastic way to boost the value of what you offer. You can cater to a variety of client needs and make the purchasing process more streamlined.

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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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Cyber Insurance Firm Coalition Gets $30M Equity Investment From Mitsui Sumitomo

Insurance Journal

Global cyber insurance provider Coalition announced a new $30 million equity investment from Insurance Co., Ltd. (MSI), a member of MS&AD Insurance Group.

Cyber 143

More Trending

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UK’s Specialist Risk Group Acquires Specialist Schemes Broker, Brentacre Insurance

Insurance Journal

Specialist Risk Group (SRG), the London-based insurance intermediary, announce the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed.

Broker 136
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How Fear Impacts Workers’ Compensation Claims (and What to Do About It)

AMAXX

When an employee is injured on the job, their primary concerns should be their health and recovery. However, for many workers, an overwhelming fear of losing their jobs adds unnecessary stress to an already difficult situation. Research has shown that fear of being fired is one of the top predictors of negative claim outcomes, including increased litigation rates and extended time off work.

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Arthur J. Gallagher & Co. Acquires New Zealand-Based RMA General Ltd.

Insurance Journal

Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed.

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The OSHA Mindset Shift: From Compliance Burden to Strategic Advantage

AMAXX

For many employers, OSHA compliance is seen as a necessary evila government-mandated burden that adds layers of paperwork and administrative headaches. The typical mindset around OSHA is that its a box to check, a report to file, and an inspection to avoid. But what if that mindset is holding your business back? The reality is that OSHA compliance, when approached strategically, can be a powerful tool for business growth, cost reduction, and employee well-being.

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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 Highway Patrol Blames Drug Use, Speeding for Cybertruck Crash That Killed 3

Insurance Journal

Drug use and excessive speed were to blame for last year’s fiery crash of a Tesla Cybertruck that killed three college students near San Francisco, the California Highway Patrol said in a preliminary report.

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Blog Post: Legal Department Operations Challenges

LexisNexis

Internal and external factors affect legal department operations challenges every day. The evolving legal landscape prompts navigation around these complexities to maintain efficiency and effectiveness. Key Legal Department Operations Challenges Budget Constraints Budget constraints and the pressure of lower budgets can limit the ability to invest in new technologies, hire additional staff, or engage outside counsel.

Risk 52
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Gender Pay Gap Endures in Australia’s Financial and Insurance Sectors

Insurance Journal

Pay for women and men at firms in Australia’s financial and insurance services sector remains among the most unequal, according to government data that was expanded to include the salaries of more workers and a deeper analysis of wages.

Insurer 223
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How Brokers Can Stay Compliant & Simplify Management Under New Employee Benefits Regulations

Zywave

New federal employee benefits (EB) regulations are adding complexity to an already demanding workload. As a broker, staying compliant while managing policies, documents, and client relationships can feel overwhelming. But with the right approach, you can streamline operations, reduce compliance risks, and focus on growing your business. Why Compliance & Efficiency Matter More Than Ever The latest EB regulations bring stricter requirements, making accurate policy and document management ess

Broker 52
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Australia Braces for Rare Cyclone to Hit Busy East Coast

Insurance Journal

A large swathe of Australia’s east coast is preparing for strong winds and life-threatening flooding from a tropical cyclone that’s forecast to make landfall north of the nation’s third-largest city.

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Driving Without Insurance in Florida

TGS

TGS Insurance Blog Driving without insurance in Florida might seem like a way to save a few bucks, but the consequences can be far more costly than youd expect. Florida law requires all drivers to carry a minimum level of insurance coverage, and failing to comply can lead to penalties, legal trouble, and financial headaches. At TGS Insurance, were here to help you understand the risks of driving uninsured and why securing the right coverage is a smart move for every Florida driver.

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Brookfield to Enter UK Pension Insurance Mkt as Companies Offload Pension Liabilities

Insurance Journal

Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks to tap into strong demand from companies to offload their pension scheme risks to insurers.

Liability 216
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Blog Post: The 2025 Release of Symonds & O’Toole on Delaware Limited Liability Companies Addresses the DLLCA and other Judicial Decisions

LexisNexis

By Eric Geringswald | CSC The Delaware General Assembly has approved substantive changes to the Delaware Limited Liability Company Act over the last several years, and the 2025 Release of Symonds & OToole on Delaware Limited Liability Companies explores those changes. The 2025 updates include the full text and in-depth analysis of 2019, 2020, 2021, 2022 and 2023 amendments to the DLLCA, including amendments regarding: Rights of members of a Delaware limited liability company to obtain inform

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Kin Launches Home Insurance Product in California

Insurance Journal

Kin, a direct-to-consumer, digital home insurance provider, has expanded into California with a homeowners insurance product. The policies in California are marketed and distributed through Kin Insurance Services, a California surplus lines broker.

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A GHOSTLY ANNIVERSARY

Rough Notes

The current interpretation of the McCarran-Ferguson Act is only a specter of the laws original intent The belief that McCarran-Ferguson is just an antitrust exemption for the insurance industry is just another clever humbug. By Kevin P. Hennosy March 9, 2025, is the 80th anniversary of the passage of the McCarran-Ferguson Act.

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Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B

Insurance Journal

Insurance brokerage Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Woodruff Sawyer for $1.2 billion.

Insurer 207
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Blog Post: UFW, Bakersfield Residents Sue Border Patrol for Unlawful Practices

LexisNexis

ACLU So. Cal., Feb. 26, 2025 "Today, in response to brazen and unlawful raids by federal agents in the Central Valley last month, the United Farm Workers (UFW) and five Kern County residents sued the Department of Homeland Security, Customs and Border Protection, and U.S. Border Patrol to prohibit them from stopping, arresting, and summarily expelling community members from the country using practices that violate the U.S.

Agents 45
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Ohio to Cut Private Employer Workers Comp Rates by 6%

Insurance Journal

The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private employers last year.

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WINNING THE M&A GAME IN 2025

Rough Notes

Key strategies agencies can deploy For independent insurance agency owners, its likely the best time in the past decade to execute a local merger and acquisition (M&A) strategy.

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Hazardous Cargo Secured From Ship Grounded on Canada’s East Coast

Insurance Journal

The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company that manages the vessel. MSC Mediterranean Shipping Co.

Marine 172
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Blog Post: CaseMap+â„¢AI Delivers Time-Saving Transcript and Document Summarization for Litigators

LexisNexis

By: Simon Jensen, GM, CaseMap Most litigation teams have come to appreciate the value of cloud-based solutions to help manage their cases; and now a growing number of litigators are opening up to the potential of incorporating artificial intelligence (AI) capabilities into these tech platforms. A recent survey by Ari Kaplan Advisors found that 70% of litigation support teams use case management systems for litigation and that two-thirds of those respondents said they want to upgrade them.

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Italian Businessman Caltagirone Raises Stake in Generali to 8%, MF Daily Says

Insurance Journal

Italian businessman Francesco Gaetano Caltagirone has recently raised his stake in insurer Generali to 8%, MF newspaper reported on Tuesday, citing financial sources. A spokesperson for Caltagirone had no immediate comment.

Insurer 172
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KEEPING OLDER WORKERS PRODUCTIVE

Rough Notes

What strategies will work for seasoned employees? With longevity increasing, employers need to focus even more on the levers that impact retirement readiness. Holly Verdeyen U.S. Defined Contribution Leader Mercer By Thomas A. McCoy, CLU Major employee benefits offerings have broad appeal to workers of all ages and tenures.

Insurer 52
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Airlines Want Less Helicopter Traffic Near Washington Airport

Insurance Journal

A group representing U.S. airlines plans to urge federal aviation officials to permanently reduce helicopter traffic around Reagan National Airport outside Washington, D.C.

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Barging in

Rough Notes

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Barging in In 2014, Swalling Construction Company, Inc., entered into a charter agreement with Pool Engineering, Inc., for a freight barge. Swalling obtained insurance through Alaska USA Insurance Brokers, LLC, which in turn obtained insurance from Atlantic Specialty Insurance Company.

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Texas Beekeepers Facing Soaring Bee Losses, Threatening Agriculture Industry

Insurance Journal

Since starting their beekeeping business southwest of San Antonio in late 2019, the Wheeler family has aimed to produce about 3,000 bee colonies each year, many of which are used to pollinate crops like watermelons and pumpkins.

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Must insurer pay for resulting loss exception?

Rough Notes

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Must insurer pay for resulting loss exception? The Gardens Condominium purchased an all-risk policy from Farmers Insurance Exchange in 2002. This version of the policy was in place from October 2002 to October 2004.

Insurer 52
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Iowa Sues Bitcoin Depot and CoinFlip Over Millions Lost to Crypto Scams

Insurance Journal

Iowa Attorney General Brenna Bird last week announced lawsuits against Bitcoin Depot and CoinFlip, Iowa’s two largest cryptocurrency ATM operators, over their failures that allowed Iowans to transfer millions of dollars to scammers through their kiosks.

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