Sun.Mar 23, 2025

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FCC Chairman Threatens to Block M&A for Companies With DEI

Insurance Journal

The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr.

Policy 270
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Peril Based Risk Scoring Is a Growing Trend

Property Insurance Coverage Law

Every once in a while, a piece of nerdy insurance legislation catches my eye, not because it disrupts the industry overnight, but because it signals a trend about risk and how property insurance is going to operate. Colorados newly passed HB 25-1182 is a bill that may not make national headlines, but it should. Colorado … The post Peril Based Risk Scoring Is a Growing Trend appeared first on Property Insurance Coverage Law Blog.

Risk 138
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Markets/Coverages: SiriusPoint, Broker Holmes Murphy Offer Umbrella Excess for Captives

Insurance Journal

SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy.

Broker 192
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Peril Based Risk Scoring Is a Growing Trend

Property Insurance Coverage Law

Every once in a while, a piece of nerdy insurance legislation catches my eye, not because it disrupts the industry overnight, but because it signals a trend about risk and how property insurance is going to operate. Colorados newly passed HB 25-1182 is a bill that may not make national headlines, but it should. Colorado … The post Peril Based Risk Scoring Is a Growing Trend appeared first on Property Insurance Coverage Law Blog.

Risk 100
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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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Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition

Insurance Journal

More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition.

Claim 278

More Trending

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10 Things to Know About Insuring Boats & Marinas

Insurance Journal

The global boat insurance market size was projected at $1.8 billion in 2024 and is expected to hit $2.6 billion by 2032. The U.S. region accounted for an 87% share of the boat and yacht insurance market.

Insurer 251
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Shipping veteran breaks down cost implications of USTR proposal

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shipping veteran breaks down cost implications of USTR proposal appeared first on Insurance Marine News.

Marine 52
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Justice Department Launches Hostile Workplace Probe into University of California

Insurance Journal

The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses.

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Resilience: Third-Party Risk Involved in 31% of Cyber Claims

Insurance Journal

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024.

Cyber 246
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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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6 Steps to Breathe New Life Into the Agencyis Growth Strategy

Insurance Journal

Nothing works forever. Or at least it will not work as well as it may have in the past. This is especially true when it comes to a business’s strategy for growth.

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Restaurants and Their Insurance Agents Strive for Stability as Costs Continue to Rise

Insurance Journal

This year restaurants and bars continue to grapple with many of the same challenges they faced in 2024.

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From Investigations to Legislation: Florida Lawmakers Weigh Changes for Insurers and Agents

Insurance Journal

Florida legislative leaders, facing increasing pressure from the public and the press, pledged to investigate property insurers’ financial structures as they met in Tallahassee in early March.

Agents 210
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5 Things to Know When Buying or Selling an Agency in 2025

Insurance Journal

With rapid changes occurring in Washington, it can be challenging to know how they will affect one’s business.

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At a Glance: US Recreational Boating

Insurance Journal

There are 11.96 million registered recreational boating vessels in the U.S., with 11.1 million mechanically propelled in the U.S. Florida is the U.S. state with the highest number of registered recreational boating vessels. Other watercraft users include 18.

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Transportation Chief to Unveil Plan to Upgrade Air Traffic Control

Insurance Journal

Transportation Secretary Sean Duffy will unveil a plan next week to upgrade the aging, under-staffed U.S. air traffic control system next week, he said on Friday.

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Top Fund Managers Ask Federal Court to Dismiss Climate-Related Antitrust Lawsuit

Insurance Journal

BlackRoc, Vanguard and State Street have asked a federal court in Texas to dismiss a state lawsuit accusing the top fund managers of conspiring through climate activism to discourage coal output, with the firms saying the allegations rest on “half-baked …

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Stress and Opportunity

Insurance Journal

The first quarter of 2025 has been a whirlwind. New presidential administration. Historic wildfires. Financial market volatility. Trade war and tariff talks. A looming recession. Higher costs at the grocery store. Higher car repair bills.

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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 147
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Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency Says

Insurance Journal

The “doomsday scenario” for the future of Chicago’s transit system is coming into sharp focus: a $770 million budget deficit threatens thousands of jobs, sweeping service cuts and a crater in the local economy if a financial fix isn’t found …

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23% of Home in New Mexico Uninsured, Report Shows

Insurance Journal

Ne Mexico has the highest rate of uninsured homes in a report that also shows nearly one-in-seven U.S. homes are uninsured, and 11.3 million out of 82.9 million owner-occupied homes (13.6%) are uninsured.

Damage 136
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North Carolina Lawmakers OK Another $524M for Hurricane Helene Recovery

Insurance Journal

RALEIGH, N.C.

Damage 136
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Georgia Lawmakers Approve $300M in Farm and Timber Tax Breaks After Helene

Insurance Journal

ATLANTA (AP) Georgia lawmakers on Friday approved tax breaks for farmers and timber owners harmed by Hurricane Helene that could be worth nearly $300 million. House members voted unanimously to send the bill to Gov.

Insurer 136
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People & Places

Insurance Journal

National Allianz Commercial, headquartered in New York City, appointed Jenna Contreras to the North American distribution team in the newly created role of portfolio solutions leader for wholesale and managing general agents (MGA) programs.

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Hawaii Islands Sinking Faster in Some Areas, Increasing Flood Risk

Insurance Journal

Parts of Hawaii are sinking faster than others, according to a recent study led by researchers at the University of Hawaii at Mnoa, highlighting the flood risk to infrastructure, businesses and communities in low-lying areas especially in certain urban areas …

Risk 130
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People Moves: CRU Group Expands Leadership With Sutton VP in Southwest

Insurance Journal

CRU Group named Catherine Sutton vice president for the U.S. Southwest Region. Sutton has an education in engineering and experience in insurance adjusting, forensic engineering and account management.

Insurer 130
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Medicare Open Enrollment Season: Best Practices for Carriers, Agencies, and MGAs/MGUs

Insurance Journal

This post is part of a series sponsored by AgentSync. For carriers and agencies that sell Medicare Advantage, Supplement, or Part D plans, Medicare open enrollment season is always right around the corner.

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Texas Man Sentenced for Multi-Million Dollar Insurance Fraud

Insurance Journal

A Texas man was sentenced to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced.

Insurer 130
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Texas Lawsuit Alleges GEICO Raises Premiums Despite Accident Forgiveness

Insurance Journal

A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude sued GEICO on Feb.

Premium 130
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What About Industry and Geography?

Insurance Journal

Cohen asked the speakers to discuss whether some industry-geography combinations were more palatable for casualty underwriters. Vitulli said there is “relatively good competition” for large accounts with high deductibles. “The market is actively looking to write those.

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Hard Market, High Tech: Ag Insurance Adapts

Insurance Journal

Faced with heightened climate risks and political uncertainties, insurers writing agribusiness and farm and ranch are deploying data analytics and technology as they grapple with a hard market and the need for greater transparency with their agricultural clients.

Insurer 130
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My New Markets

Insurance Journal

General and Professional Liability for Temp Staffing Companies Market Detail: INVO Underwriting LLC offers general and professional liability for temp staffing companies across the entire U.S.

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The Insurance Industry’s Talent Crunch: Attracting and Retaining Gen Z

Insurance Journal

The last three years have exposed a growing challenge for insurance carriers: attracting, hiring, and retaining young talent. Despite the passing of the so-called “Great Resignation,” the insurance industry continues to face significant workforce challenges.