Wed.Apr 23, 2025

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Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse

Insurance Journal

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.

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Florida Adjusters Beware: Failure to Follow Estimating Rule 69BER24-4 Can Jeopardize Your License

Property Insurance Coverage Law

Public adjusters and all property insurance adjusters working in Florida need to take notice. Failure to comply with the estimating standards laid out in Rule 69BER24-4, now permanently incorporated into Rule 69B-220.201, may result in serious ethical violations. These violations could put your license at risk. A public adjuster recently asked me whether it was … The post Florida Adjusters Beware: Failure to Follow Estimating Rule 69BER24-4 Can Jeopardize Your License appeared first on Pro

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Top Japanese Firms Scrap Employment System That Held Women Back

Insurance Journal

Japan’s biggest financial firms are abolishing decades-old practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan’s largest insurer, and MUFG Bank Ltd.

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How Long Will My Employee Be Off Work? Applying Evidence-Based Injury Duration Guidelines

AMAXX

Efficient management of workers’ compensation claims significantly impacts both employee recovery outcomes and organizational costs. Evidence-based medicine (EBM) guidelines, particularly injury duration guidelines, provide structured estimates of typical recovery periods, helping set realistic recovery expectations and facilitating effective claims management.

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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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FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024

Insurance Journal

Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday.

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Minnesota Senior Living Facility Fined $73K for Pregnancy Discrimination

Insurance Journal

White Pine Senior Living, an assisted living facility in Minnesota, has agreed to pay $73,000 and provide other equitable relief to settle a pregnancy discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC).

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Emerging Contaminants: Ethylene Oxide

Distinguished

Emerging contaminants are chemicals in the environment that have been recently identified as posing a potential risk to the environment or public health. These contaminants may arise from everyday products or their use in various industries. As these contaminants are detected in the environment with increased frequency and concentration, they become subject to greater scrutiny as they are typically not adequately regulated under current environmental laws and regulations.

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Class Action Accuses Toyota of Illegally Sharing Drivers’ Data with Progressive

Insurance Journal

A federal class action lawsuit filed this week in Texas accuses Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive.

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Roof Claims Surge: A 30% Increase from 2022 to 2024

TGS

TGS Insurance Blog Roof claims have become a significant concern for homeowners and insurers alike, with costs escalating dramatically in recent years. According to Verisk’s “U.S. Roofing Realities Trend Report,” roof repair and replacement costs reached nearly $31 billion in 2024, marking a 30% increase since 2022. The Rising Tide of Roof Claims Several factors contribute to the surge in roof claims: Wind and Hail Damage: These elements were the primary drivers of loss costs,

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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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Researchers Testing Textured Seawall in Miami to Hold Back Rising Seas

Insurance Journal

Morningside Park, a beloved neighborhood park in Miami with sweeping views of Biscayne Bay, will soon pilot an innovative approach to coastal resilience.

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Insurance Industry Challenges Peculiar to Policyholders and Insurers in Germany

Top Insurance Blogs

Would you like to know the peculiar challenges in the insurance industry facing policyholders and insurers in Germany? If your answer is yes, keep reading. As a long-standing policyholder in Germany, with two decades of experience insuring my life, home, car, and business, and a decade spent working as an insurance agent with a leading […] The post Insurance Industry Challenges Peculiar to Policyholders and Insurers in Germany appeared first on My Top Insurance Blogs.

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Insurance Industry Charitable Foundation Establishes Minnesota Chapter

Insurance Journal

The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest Division.

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Shadow-fleet tanker sailing through English Channel

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shadow-fleet tanker sailing through English Channel appeared first on Insurance Marine News.

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Texas-Based Insurtech Steadily Secures $30M Series C Round

Insurance Journal

Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation.

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Markel Insurance separates Markel Specialty into US and Bermuda operations

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Markel Insurance separates Markel Specialty into US and Bermuda operations appeared first on Insurance Marine News.

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Texas Farmers Fear Proposed Legislation Could Devastate Hemp Economy

Insurance Journal

Andrew Hill, who studied and farmed hemp in California before it was legal in Texas, was a keynote speaker at the state’s first-ever agricultural hemp expo in Dallas in 2019.

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Bayesian salvage off northern Sicily is delayed

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bayesian salvage off northern Sicily is delayed appeared first on Insurance Marine News.

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Outsourcing Firm to Pay $250K For Discriminating Against Blind Employee in Texas

Insurance Journal

The Results Companies, A business services outsourcing firm agreed to pay $250,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced.

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US levies risk upsetting global shipping, says COSCO

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US levies risk upsetting global shipping, says COSCO appeared first on Insurance Marine News.

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Delta Plane Catches Fire at Orlando Airport in Latest Incident for Airline

Insurance Journal

ORLANDO, Fla. (AP) A Delta Air Lines airplane caught fire on Monday before it was supposed to take off at a central Florida airport, forcing the evacuation of passengers, airport officials said.

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Marine round-up : 24th 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 : 24th April 2025 appeared first on Insurance Marine News.

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New Jersey Wildfire Forces 3,000 to Evacuate, Threatens 1,320 Structures

Insurance Journal

A major wildfire in southern New Jersey’s Ocean County expanded last night and has led to the evacuation of 3,000 people and is threatening more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m.

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Syndicate Results 2023 #16 Antares 1274

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 2023 #16 Antares 1274 appeared first on Insurance Marine News.

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Jury Again Finds NY Times Not Liable in Sarah Palin Defamation Case

Insurance Journal

A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial.

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Grande Brasile heads for scrap

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Grande Brasile heads for scrap appeared first on Insurance Marine News.

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Transforming MGA and Wholesaler Accounting with Expert Insured’s Tailored Accounting Solution

Insurance Journal

This post is part of a series sponsored by Expert Insured. Accounting is often one of the most challenging aspects of managing an MGA or wholesaler operation.

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Indian crew stranded without pay on offshore vessel Star Apollo in Indonesia

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Indian crew stranded without pay on offshore vessel Star Apollo in Indonesia appeared first on Insurance Marine News.

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A California New Car Group is Suing Volkswagen and Affiliate for Violating Franchise Laws

Insurance Journal

The California New Car Dealers Association filed a lawsuit against Volkswagen and its affiliate, Scout Motors, for allegedly violating California’s franchise laws.

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Agreement reached on new global minimum wage for seafarers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Agreement reached on new global minimum wage for seafarers appeared first on Insurance Marine News.

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Viewpoint: What Tariffs and Steel Prices Mean for E&S Construction Insurance in California

Insurance Journal

Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon.

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More than half of Scotland’s coastal vessels are untrackable by standard maritime systems

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post More than half of Scotlands coastal vessels are untrackable by standard maritime systems appeared first on Insurance Marine News.

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People Moves: SCM Names Valenzuela VP and Bond Manager; Breiter Joins Alliant in California

Insurance Journal

Valenzuela Joins SCM as Vice President and Bond Manager SullivanCurtisMonroe Insurance Services named Adriana Valenzuela vice president and bond manager. Before joining SCM, Valenzuela managed the surety department for Alliant Insurance Services’ Western offices.

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