Mon.Mar 31, 2025

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MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand

Insurance Journal

MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval. Leading the branch office is Matt Botfield who has been named head of Australia and New Zealand.

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Is it Appraisal, or Is It Arbitration? Can Appraisal be Appraisal and Arbitration at the Same Time?

Property Insurance Coverage Law

The Rhode Island Supreme Court recently issued a significant decision holding that an insurance appraisal is akin to arbitration and subject to arbitration rules. 1 This ruling aligns with Rhode Islands prior stance on appraisals noted in our post, Rhode Island AppraisalsThe Arbitration Act Applies to Determine the Partiality of Appraisers and Umpires,but contrasts sharply … The post Is it Appraisal, or Is It Arbitration?

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California OKs Increase in FAIR Plan Commercial Property Coverage Limits

Insurance Journal

California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits.

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Shipping and scenario planning

Splash: Finance and Insurance

How can you plan for the future when the present is so uncertain, writes Pierre Aury? Scenario planning involves looking at different scenarios with associated assumptions and events. These scenarios are not forecasts but views of how the future could unfold. These scenarios only need to be plausible.

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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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SC Bill Moves to House, Would Lower Liquor Liability Coverage, End Joint-and-Several

Insurance Journal

The fate of a bill that would modify South Carolina’s joint-and-several liability law now rests with the state House of Representatives after the state Senate last week approved the measure following weeks of heated debate.

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AIG Can Continue Trade Secret Theft Allegations Against Dellwood

Insurance Journal

About a year into the litigation between American International Group and startup Dellwood Insurance Group, a federal judge will allow much of AIG’s lawsuit to proceed against its newest potential competitor in the excess and surplus market.

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Optimizing Insurance Agency Growth

PSM Brokerage

Exploring Business Models that Work As an independent insurance agent, reaching individual success is an exciting milestonebut it often comes with a new set of challenges. Youve built a solid book of business, your client retention is strong, and new leads keep coming in. But instead of feeling in control, you feel maxed out. The days are longer, the workload heavier, and the idea of growing your business starts to feel like a burden rather than an opportunity.

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IRC Finds Personal Auto Insurance Affordability Better Than in the 2000s

Insurance Journal

According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century.

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What is Form 5500 and How Does It Impact Insurance Prospecting?

Zywave

If youve been around the insurance industry, youve likely heard your share of specific terms. One of the terms you might have heard is Form 5500. It can come up in prospecting process discussions, often with little context attached. What is this form and how does it tie into new business processes? Were here to unravel the mystery. What Is Form 5500?

Insurer 52
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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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Data Insight: Who’s Growing in Personal Lines?

Insurance Journal

A relative newcomer to the personal lines spaceLemonademarked a milestone this week, announcing that it surpassed $1 billion of in force premiums, a measure of annualized premiums that the insurtech tracks on a regular basis.

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Falling Into Purpose: How Women Are Redefining Success in Insurance

Relation

At Relation Insurance, we’re proud to champion women across our organization through ElevateHera movement focused on mentorship, professional development, and amplifying female voices in an industry that hasnt always left the door wide open. What started as a handful of stories has become a powerful narrative of resilience, transformation, and community.

Insurer 52
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More Tort Reform: Georgia Lawmakers Put Limits on Litigation Financing

Insurance Journal

A second part of Georgia Gov. Brian Kemp’s campaign to limit lawsuits and large verdicts won approval Thursday from the state House of Representatives. The full tort reform package should be ready for the governor’s signature in coming weeks.

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INSURANCE FOR YOUR NJ WEDDING

Boyle Agency Insurance

Did You Know There Was Wedding Insurance? Planning a wedding? That should be an occasion for celebration and happiness. You want to be sure the event is perfect in every way. Bogle Agency Insurance offers Wedding Insurance to help you avoid the possibility of a disaster that can ruin the day. We serve NJ policyholders in Bergen County where we are located, and greater New Jersey.

Insurer 52
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Conduit Re CEO Carvey to Retire; Company Announces Plans to Buy More Retro Cover

Insurance Journal

Conduit Re’s Chief Executive Officer Trevor Carvey has a decided to step down and retire with effect on April 11, according to the reinsurer’s parent company CHL.

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New Commercial Insurance: A Key Component in Michigan Warehouse Operations

Shield Insurance Agency

Running a warehouse in Michigan involves managing a variety of risks, from property damage to employee injuries. Commercial insurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. Shield Insurance Agency is here to help you understand the importance of commercial insurance in your warehouse operations.

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Earlier Medical Event Does Not Shield Later Negligent Acts: Massachusetts High Court

Insurance Journal

The Massachusetts seven-year statute of repose for medical malpractice claims does not shield professionals against separate acts of negligent treatment that allegedly occurred in the years after a disputed medical event more than seven years ago.

Claim 211
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Bulgaria proposes security centre for Black Sea shipping

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulgaria proposes security centre for Black Sea shipping appeared first on Insurance Marine News.

Marine 85
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RYZE Acquires Missouri’s Acorn Claims

Insurance Journal

RYZE Claim Solutions, a full-service claims management provider, announced its acquisition of Acorn Claims, a Springfield, Missouri-based firm specializing in daily and catastrophe claims services nationwide.

Claim 195
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Three Chinese nationals missing off Ghana after suspected piracy kidnapping

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Three Chinese nationals missing off Ghana after suspected piracy kidnapping appeared first on Insurance Marine News.

Marine 76
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$90 Million Settlement Reached Over Deadly 2018 New York Helicopter Crash

Insurance Journal

Relatives of a man who died when a sightseeing helicopter crashed and sank in a New York City river have settled a lawsuit for $90 million, agreeing to reduce a jury award in order to foreclose appeals and end the …

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Large yacht catches fire off Montenegro; sinks

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Large yacht catches fire off Montenegro; sinks appeared first on Insurance Marine News.

Marine 71
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Oklahoma Lawmaker Seeks Statewide Ban on Sewage Sludge Use

Insurance Journal

When Leslie Stewart moved to her home in a rural expanse of Lincoln County outside of Oklahoma City more than 20 years ago, she thought she’d found a slice of heaven.

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Russian oligarch’s ex-wife drops claim over luxury yacht

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian oligarchs ex-wife drops claim over luxury yacht appeared first on Insurance Marine News.

Claim 66
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FTC Concerned About Privacy Protections in 23andMe Bankruptcy

Insurance Journal

The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans’ personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency’s chairman said on Monday.

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Panama deregisters 107 ships, 18 more in process

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama deregisters 107 ships, 18 more in process appeared first on Insurance Marine News.

Marine 66
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Severe Storms Ravage South Texas, Leaving 3 Dead and Hundreds Stranded

Insurance Journal

Drenching rain along the Texas-Mexico border let up Friday, but rescues were still ongoing a day after severe storms trapped residents in their homes, forced drivers to abandon their vehicles on flooded roads and shut down an airport.

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From Rookie to Pro: Word & Brown’s Teams Can Help Grow Your Career

Word & Brown

When you work in insurance sales, having a good team behind you can make a dramatic difference. Word & Browns teams deliver unparalleled support to help brokers grow their careers from rookie to true industry professional. We provide the tools, technology, resources, support, and people you need to be more successful. For 40 years, weve been helping brokers differentiate themselves in a competitive marketplace.

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Virginia Will Require Speed Limiting Devices on Reckless Drivers’ Cars

Insurance Journal

Virginia now has a law on the books that will require that cars of reckless drivers be equipped with technology that prohibits them from exceeding speed limits.

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Fugro survey vessel arrives safely at port following grounding

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fugro survey vessel arrives safely at port following grounding appeared first on Insurance Marine News.

Marine 52
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After Commissioner’s Comments, Asphalt Roof Shingles Got a Bad Rap, Group Says

Insurance Journal

Rumors of the demise of asphalt shingles in Florida are greatly exaggerated. Asphalt shingles provide a great, cost-effective option for consumers.

Building 147
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More fuel reaches Europe via Suez during Q1 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post More fuel reaches Europe via Suez during Q1 2025 appeared first on Insurance Marine News.

Marine 52
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EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market

Insurance Journal

European financial authorities are exploring ways to streamline oversight of the 1.2 trillion ($1.3 trillion) asset-backed securities market and simplify reporting requirements, according to a report that offers recommendations for policymakers.

Insurer 147