Wed.Apr 02, 2025

article thumbnail

Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal?

Insurance Journal

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s financial industry billions of pounds in fresh legal costs and potential customer compensation.

article thumbnail

What is a PEO? Helping Your Client Understand Professional Employer Organizations

Word & Brown

Whether youre just starting out or have years of experience in the industry, staying competitive means staying informed. One area gaining serious traction in recent years? Professional Employer Organizations, or PEOs. These co-employment solutions are no longer nichetheyre now a go-to option for small and mid-sized businesses looking to simplify operations, reduce costs, and offer competitive benefits without the overhead.

Insiders

Sign Up for our Newsletter

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

article thumbnail

TDI to Adopt 11.5% Workers’ Comp Rate Decrease

Insurance Journal

The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current loss cost level.

article thumbnail

How a Cyber Attack Could Show Up in Your Snail Mail

ProWriters

When you think about the constantly evolving nature of cyber attacks , you may think about threat actors using AI to find and exploit new vulnerabilities in software and networks. Yet one recent cyber threat takes advantage of peoples trust in the post office. Hackers are using snail mail to spread malware. This strategy is especially devious because it targets victims at their physical mailboxone of the last places theyre expecting to encounter cyber threats.

Cyber 52
article thumbnail

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.

article thumbnail

Lemonade: 700K Customers on the Car Insurance Waitlist

Insurance Journal

While Allstate’s CEO Tom Wilson named GEICO and Progressive when asked about the ability to grow auto insurance in 2025 as competitors do the same, no one on Allstate or Progressive’s earning calls addressed competition from Lemonade.

More Trending

article thumbnail

Las Vegas Telsa Arson Suspect to Remain Jailed Until Trial

Insurance Journal

A man accused of setting fire to Tesla vehicles in Las Vegas will remain jailed until his trial on federal charges of arson and possessing an explosive device, a judge ruled Monday. U.S.

Damage 225
article thumbnail

Seafarers continue to struggle to get proper shore leave

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Seafarers continue to struggle to get proper shore leave appeared first on Insurance Marine News.

Marine 59
article thumbnail

Swiss Market Regulator FINMA Restructures; Head of Insurance Division to Step Down

Insurance Journal

Swiss financial market watchdog FINMA has revamped its organizational structure with immediate effect, the regulator said on Tuesday, as it gears up for future challenges including supervision of the enlarged UBS.

Insurance 217
article thumbnail

AP Moller Holding bids $1.3bn for tugboat group Svitzer

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post AP Moller Holding bids $1.3bn for tugboat group Svitzer appeared first on Insurance Marine News.

Marine 59
article thumbnail

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

article thumbnail

Severe Storm Threatens Central US With Heavy Rains, Tornadoes

Insurance Journal

Heavy rain, severe thunderstorms and the risk of tornadoes are threatening more than 40 million people from Michigan to Texas as a slow-moving cold front hovers over the region.

Damage 211
article thumbnail

NYK president says US tariffs will slow cargo flows

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NYK president says US tariffs will slow cargo flows appeared first on Insurance Marine News.

Marine 59
article thumbnail

People Moves: Pete Anhalt to Lead The General Following Sentry Acquisition

Insurance Journal

Sentry Insurance announced that Pete Anhalt will lead The General following Sentry’s acquisition of the brand from American Family Insurance.

Insurance 204
article thumbnail

Iranian oil tankers using forged Iraqi Documents, claims Iraq’s oil minister

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Iranian oil tankers using forged Iraqi Documents, claims Iraqs oil minister appeared first on Insurance Marine News.

Claim 52
article thumbnail

California FAIR Plan Stabilization Act Moving Through Legislature

Insurance Journal

A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0.

Claim 200
article thumbnail

NTSB will hold public meeting on Grande Costa D’Avorio tragedy

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NTSB will hold public meeting on Grande Costa DAvorio tragedy appeared first on Insurance Marine News.

Marine 52
article thumbnail

Huge AI Data Center Planned for Pennsylvania Coal Plant Site

Insurance Journal

A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania.

article thumbnail

Maritime industry associations launch consolidated BMP Maritime Security publication

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maritime industry associations launch consolidated BMP Maritime Security publication appeared first on Insurance Marine News.

Marine 52
article thumbnail

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube

Insurance Journal

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output.

Cyber 194
article thumbnail

Marine round-up : 3rd April 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 : 3rd April 2025 appeared first on Insurance Marine News.

Marine 52
article thumbnail

Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says

Insurance Journal

The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost reimbursement from the fund.

Claim 189
article thumbnail

Syndicate Results 2024 #4 Faraday 435

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syndicate Results 2024 #4 Faraday 435 appeared first on Insurance Marine News.

Marine 52
article thumbnail

Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty

Insurance Journal

The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte.

article thumbnail

AMSA issues safety alert on container packing and stowage

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post AMSA issues safety alert on container packing and stowage appeared first on Insurance Marine News.

Marine 52
article thumbnail

Iowa Man Who Falsified Rolex Watch Claim Sentenced to 10 Years in Prison

Insurance Journal

An Iowa man was sentenced last week to ten years in prison after pleading guilty to Insurance Fraud (Class D Felony) and Fraudulent Practice (Class D Felony), following an investigation conducted by the Iowa Insurance Division’s Fraud Bureau.

Claim 162
article thumbnail

Mega-tsunami could devastate many major Asian ports: research

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Mega-tsunami could devastate many major Asian ports: research appeared first on Insurance Marine News.

Marine 52
article thumbnail

Vivere Partners in California Raises $7.5M for Specialty Insurance Platform

Insurance Journal

Vivere Partners, a specialty insurance platform focused on niche lines of insurance, completed a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures and Greenlight Re.

Insurance 147
article thumbnail

Content Marketing Trends to Embrace This Year

Inbound Insurance Marketing

Leg warmers; planking; 80s-style mall bangs not all trends are worth following. But, some trends are popular for a good reason. Lets take a look at the content marketing trends you should consider embracing this year.

52
article thumbnail

FirstBank, With its Own Insurance Agency, Merges with Alabama Bank

Insurance Journal

Nashville-based FB Financial Corp., parent company of FirstBank and FirstBank Insurance Agency, plans to merge with Southern States Bancshares, the parent of Southern States Bank, headquartered in Anniston, Alabama, the bank announced this week.

article thumbnail

What Is the E&S Market? Why Is AIG Suing a Startup?

Property Insurance Coverage Law

A Look at the Excess and Surplus Lines Market In the highly regulated insurance world, there is a significant and often misunderstood segment known as the Excess and Surplus (E&S) lines market. This market exists to fill coverage gaps that the admittedor “standard”insurance market cannot or will not handle. For a more complete understanding of … The post What Is the E&S Market?

article thumbnail

MEMIC Recognizes Three NE Agencies for Service to Policyholders

Insurance Journal

Workers’ compensation specialist insurer MEMIC, based in Maine, has recognized three agencies in the Northeast for top service to policyholders.

article thumbnail

What Is the E&S Market? Why Is AIG Suing a Startup?

Property Insurance Coverage Law

A Look at the Excess and Surplus Lines Market In the highly regulated insurance world, there is a significant and often misunderstood segment known as the Excess and Surplus (E&S) lines market. This market exists to fill coverage gaps that the admittedor “standard”insurance market cannot or will not handle. For a more complete understanding of … The post What Is the E&S Market?

article thumbnail

Chipotle to Settle Kansas Religious Harassment Lawsuit

Insurance Journal

National restaurant chain Chipotle Services, Inc. will pay $20,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) religious harassment, retaliation, and constructive discharge lawsuit, the federal agency announced.

147
147