Tue.Mar 04, 2025

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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 321
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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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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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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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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

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Firings at NOAA Risk Lives and Economy, Former Agency Heads Warn

Insurance Journal

The federal weather and oceans agency touches people’s daily lives in unnoticed ways, so massive firings there will likely cause needless deaths and a big hit to America’s economy, according to the people who ran it.

Risk 260

More Trending

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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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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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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.

Insurance 233
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Ocean shipping uncertainty increased following tariff tit-for-tats

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ocean shipping uncertainty increased following tariff tit-for-tats appeared first on Insurance Marine News.

Marine 98
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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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Crude oil tanker crew say they have not been paid for months

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crude oil tanker crew say they have not been paid for months appeared first on Insurance Marine News.

Marine 98
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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 228
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Senior claims expert Matthew Moore joins Gard

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Senior claims expert Matthew Moore joins Gard appeared first on Insurance Marine News.

Claim 95
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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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Venezuelan Navy vessel reportedly approaches Exxon FPSO off Guyana

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Venezuelan Navy vessel reportedly approaches Exxon FPSO off Guyana appeared first on Insurance Marine News.

Marine 82
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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.

Insurance 200
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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 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.

Insurance 195
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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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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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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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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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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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At Supreme Court, Gun Companies Aim to Avoid Blame for Arming Mexico’s Drug Cartels

Insurance Journal

The U.S.

Liability 179
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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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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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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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Crews Battle Wildfires Across Parts of North and South Carolina

Insurance Journal

South Carolina’s governor declared a state of emergency this week as dozens of wildfires burned across parts of North and South Carolina, causing evacuations, minor property losses and unhealthy air quality.

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UK P&I Club announces leadership changes in Athens and London

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK P&I Club announces leadership changes in Athens and London appeared first on Insurance Marine News.

Marine 55
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King Risk Partners Acquires Rhode Island’s Insurance Center

Insurance Journal

Fast-growing insurance broker King Risk Partners has acquired The Insurance Center, an independent insurance agency in Warwick, Rhode Island. Terms were not disclosed.

Risk 165
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Florida ReformsBear Fruit as Premium Rates Stabilize 

Triple-I: Homeowners Insurance

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. Claims-related litigation has significantly declined over the past two years, and premium averages are nearly flat, with several insurers requesting rate decreases from the states insurance regulator.

Premium 52
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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 162
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Marine round-up : 5th 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 : 5th March 2025 appeared first on Insurance Marine News.

Marine 52