Tue.Feb 18, 2025

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Winning a Bad Faith Lawsuit Is Never Easy

Property Insurance Coverage Law

I wish I had a dollar for every person who has said, This is a slam dunk bad faith case. One lesson I repeatedly tell readers of this blog is that there is no such thing as an easy lawsuit. The second is that allegations in a complaint are one thing, and proof to satisfy … The post Winning a Bad Faith Lawsuit Is Never Easy appeared first on Property Insurance Coverage Law Blog.

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Is a Binder Binding? Yes, Says Alabama Supreme Court in Win for Arbitration Clauses

Insurance Journal

Is a binder binding, even if the property owner never received the insurance policy? Yes, it is, the Alabama Supreme Court decided last week in a case that marks another win for insurers relying on binding arbitration agreements.

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Winning a Bad Faith Lawsuit Is Never Easy

Property Insurance Coverage Law

I wish I had a dollar for every person who has said, This is a slam dunk bad faith case. One lesson I repeatedly tell readers of this blog is that there is no such thing as an easy lawsuit. The second is that allegations in a complaint are one thing, and proof to satisfy … The post Winning a Bad Faith Lawsuit Is Never Easy appeared first on Property Insurance Coverage Law Blog.

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Understanding Classification Rules in Workers’ Compensation

AMAXX

When it comes to managing workers’ compensation, understanding classification rules is fundamental. These rules not only influence the amount you pay in premiums but also help ensure that your company is correctly classified based on the work it performs. Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk.

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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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Insurance to Cover Part of Tenn. City’s $28M Settlement Over Botched Rape Case

Insurance Journal

(AP) Leaders in Johnson City, Tennessee, have agreed Thursday to pay $28 million to settle a lawsuit that said police deliberately botched investigations into a suspect accused in civil cases of drugging and sexually assaulting dozens of women.

Insurer 258

More Trending

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Delta Plane Flips Upside Down in Toronto Landing, 15 Hurt

Insurance Journal

A Delta Air Lines Inc. regional jet flipped out of control after landing in windy, freezing conditions in Toronto, skidding along the runway and coming to rest upside down after losing its tail and one of its wings.

Insurer 245
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Handling Difficult Return to Work Scenarios

AMAXX

Achieving a 90% return-to-work rate within 0-4 days is the gold standard for managing workers’ compensation claims, with best-in-class organizations reaching 95%+. However, some cases present challenges that require a more strategic approach. Consider Psychosocial Factors Recovery from work injuries is often influenced by psychological and social barriers that go beyond physical healing.

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In $17M Suit, Cannabis Grower Claims Nearby Farm’s Pesticides Contaminated Its Crops

Insurance Journal

A Massachusetts cannabis grower is suing a neighboring berry and vegetable farm for allegedly rendering its entire cannabis harvest unusable by incorrectly spraying chemicals in a way that caused them to drift onto its cannabis crops and contaminate them.

Claim 239
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Condominium Insurance: The Policies You Need When Purchasing Property

Central Insurance

Learn why condominium insurance is essential for condo associations. Discover key policies to protect your property and board members from financial risks. The post Condominium Insurance: The Policies You Need When Purchasing Property appeared first on Central Insurance Blog.

Policy 130
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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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Harvey Weinstein Alleges Brother, Others Duped Him Over $45M Loan

Insurance Journal

Jailed and disgraced movie mogul Harvey Weinstein alleges in a new lawsuit that his brother, Bob Weinstein, and other executives at their now-defunct film company duped him into guaranteeing a $45 million loan in 2016, but diverted funds for their …

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“OTHER INSURANCE” PROVISIONS

Rough Notes

Coverage will be there, but who will provide it? Disputes arise when proprietary forms seek to state that the coverage provided is excess over any other collectible insurance. It then becomes a question of who goes first . By Joseph S. Harrington, CPCU Mutually repugnant.

Insurer 59
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Markets/Coverages: IQUW Launches Ports & Terminals Product

Insurance Journal

IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a lead market for marine insurance.

Marine 223
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Blog Post: LexisNexis CounselLink+: A One-Stop Shop To Streamline Law Departments

LexisNexis

This post originally appeared on Above the Law on January 23, 2025. Recent CounselLink upgrades integrate the full in-house workflow with the broader suite of LexisNexis products. Corporate law departments have elevated the legal operations profession in recent years, making these roles central to their ongoing quest for ever-more efficiency. With its recent launch of CounselLink+ , LexisNexis has provided a new tool to help in-house lawyers and legal operations professionals meet these demands.

Risk 52
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Viewpoint: Are Carriers and MGA’s Leaving Revenue on the Table?

Insurance Journal

Insurance companies spend billions of dollars a year on advertisingand for good reason. With auto insurance mandated in nearly every state and home insurance required by mortgage lenders, insurance product providers are competing for the attention of almost every American.

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Insurer Stand-Alone Rating Engines Report by Celent

Zywave

Zywaves Digital Distribution Suite ClarionDoor has been recognized as a Luminary in the Celent Report for Insurer Stand-Alone Rating Engines Global Edition. This report outlines the key elements that insurers need to consider when choosing a stand-alone rating engine. Our solution was rated as one of the best in categories including functionality, customer base, lines of business supported, technology, implementation, pricing, and support.

Insurer 52
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People Moves: OGA Promotes and Makes New Leadership Hires

Insurance Journal

One General Agency (OGA), headquartered in Oklahoma City, promoted and hired several new team members to leadership positions. OGA promoted Taylor Matthews to vice president of operations.

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Lakewood Ranch Life Insurance

RiskQuoter

Lakewood Ranch (LWR), Florida, is a thriving community in SouthWest Florida near Sarasota. From young couples, large families, business owners, and retirees, life insurance is […] The post Lakewood Ranch Life Insurance appeared first on RiskQuoter.com.

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People Moves: Encova Insurance Appoints Two Commercial Lines Leaders

Insurance Journal

Encova Insurance, headquartered in Columbus, Ohio, appointed Dawn Colavecchi as commercial lines regional vice president, and Todd Becker as vice president, commercial underwriting office, workers’ compensation.

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Life Insurance For Felons

Simply Insurance

Discover how life insurance for felons will work, the best life insurance companies for a convicted felon and much more in February 2025!

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How to Operate in Today’s ‘Bananas’ Casualty Insurance World

Insurance Journal

Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market during a webinar last week.

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Understanding the Agent, General Agency, and Carrier Relationship: A Guide for New Brokers

Word & Brown

Did you know? Its possible for you to partner with a health insurance general agency like Word & Brown and still remain independent. Its not an either/or situation. You and/or your agency can tap into a range of valuable tools, technology, talented industry professionals, and other resources a general agency (GA) offers. But you are still able to remain independent and operate on your own.

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People Moves: Hub International’s Murphy to Lead N.A. Casualty Practice

Insurance Journal

HUB International Limited (HUB), headquartered in Chicago, appointed Carol Murphy as North American casualty practice leader. Murphy leads development of HUB’s casualty practice, developing strategic solutions across a broad range of industries and exposures.

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Marine round-up : 18th February 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 : 18th February 2025 appeared first on Insurance Marine News.

Marine 52
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Scientists Racing to Discover Depth of Ocean Damage From LA Wildfires

Insurance Journal

On a recent Sunday, Tracy Quinn drove down the Pacific Coast Highway to assess damage wrought upon the coastline by the Palisades Fire. The water line was darkened by ash.

Damage 154
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Ship recycling “destabilized” by US steel tariffs

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ship recycling destabilized by US steel tariffs appeared first on Insurance Marine News.

Marine 52
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People Moves: Media Guarantors Names Sutherland SVP, Business Development

Insurance Journal

Media Guarantors appointed Angus Sutherland as senior vice president of business development and client relationships. Sutherland has more than 20 years of experience in the entertainment industry. In this role, Sutherland oversees client relationships worldwide.

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Can shipping companies hold and use aviation EUAs to satisfy their obligations under the EU ETS?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Can shipping companies hold and use aviation EUAs to satisfy their obligations under the EU ETS? appeared first on Insurance Marine News.

Marine 52
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Virginia Governor Seeks Major Disaster Declaration for Winter Storm Floods

Insurance Journal

Citing damages and outages caused by dangerous winter storms and flash flooding across parts of Buchanan County and elsewhere over the past week, Virginia Governor Glenn Youngkin has submitted a request for an expedited major federal disaster declaration to President …

Damage 136
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USCG alerts on understanding the explosion hazard when shipping coal

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post USCG alerts on understanding the explosion hazard when shipping coal appeared first on Insurance Marine News.

Marine 52
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Tractor-Trailer Accident Kills Driver on on Interstate 20 in Dallas

Insurance Journal

A fatal accident involving multiple vehicles and a tractor-trailer shut down traffic for a time on a stretch of Interstate 20 in the Dallas area early Sunday, authorities said.

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NorthStandard update on 2025/26 policy year

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NorthStandard update on 2025/26 policy year appeared first on Insurance Marine News.

Policy 52
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Many Nebraskans Still Under Threat of High Nitrate in Drinking Water

Insurance Journal

In 2023, nearly 29,000 households scattered across rural Nebraska received postcards instructing them how to get their drinking water tested, free of charge, for a harmful contaminant state policymakers have been aware of for decades.

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