Thu.Apr 24, 2025

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Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options

Insurance Journal

Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab.

Claim 245
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The Antitrust Wildfire Lawsuits That Could Burn Down Insurance Industry Norms

Property Insurance Coverage Law

The recent filing of two sweeping antitrust lawsuits in California against a long list of most of the admitted California insurance companies has generated immediate attention within the insurance industry. 1 The lawsuits accuse major property insurers of colluding to reduce access to affordable and comprehensive fire insurance in high-risk areas of California by collectively … The post The Antitrust Wildfire Lawsuits That Could Burn Down Insurance Industry Norms appeared first on Property

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UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks

Insurance Journal

The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk of wildfires. Total precipitation of about 20.5 centimeters (8.

Risk 189
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All ships passing through European waters must now provide proof of insurance

Splash: Finance and Insurance

The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union waters without entering an EU port, to provide insurance information.

Insured 95
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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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More Russian Insurers Seek Indian Nod for Oil Tanker Coverage

Insurance Journal

Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with the matter.

Insured 130

More Trending

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People Moves: Virginia’s Workers’ Comp Commission Names Two Deputy Judges

Insurance Journal

The Virginia Workers’ Compensation Commission Names Two New Deputy Commissioners The Virginia Workers’ Compensation Commission (VWCC) has named two new deputy commissioners, Frederick T. Schubert II and Christopher R. Wilson.

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Blog Post: Defining The Best Corporate Legal Department

LexisNexis

How does a company define the best corporate legal department? Good, better and best are subjective unless there are defined metrics across various criteria to define best. The criteria to determine high-performing legal departments typically include qualitative and quantitative factors. For the former, qualitative factors, a key criterion is maturity in decision-making with data-driven insights.

Risk 52
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UniCredit Holds Stake of Between 6-7% in Generali, Source Says

Insurance Journal

UniCredit has increased its stake in insurer Generali to between 6% and 7%, a person with knowledge of the matter said on Thursday, ahead of a key shareholder vote to pick a new board of directors. Unicredit’s stake was 5.

Insured 231
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A Guide to Branding & Marketing Your Insurance Business

PSM Brokerage

Brand Like a Pro: Download Our Free Insurance Marketing Presentation + Checklist Marketing your insurance business today is about more than just selling policiesits about building a brand people trust, remember, and want to do business with. Thats why we put together a free presentation to help insurance agents like you create a powerful marketing foundation.

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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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Ohio Attorney General to Certify Proposed Ban on Police Immunity

Insurance Journal

Prompted by a stinging defeat at the U.S.

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Insights to Impact with Majesco’s Spring ’25 Release

Majesco

A high-speed train achieves efficiency and optimization through several key factors. Advanced technology, such as aerodynamic designs and powerful engines, reduces air resistance and increases speed, allowing the train to travel faster while consuming less energy. Streamlined operations, including precise scheduling, efficient boarding processes, and minimal stops, further reduce travel time and improves speed to destination.

Risk 52
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Texas Governor Abbott Signs Bill Inspired by DOGE

Insurance Journal

Gov. Greg Abbott on Wednesday signed the first law of this year’s legislative session, a bill creating a new regulation-cutting agency inspired by Elon Musk’s federal Department of Government Efficiency. “Texas can have our own DOGE,” Abbott said Wednesday.

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Marine round-up : 25th 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 : 25th April 2025 appeared first on Insurance Marine News.

Marine 52
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Lilly Sues 4 Compounders Over Copies of Weight-Loss Drugs

Insurance Journal

Eli Lilly said Wednesday it had sued four compounders for selling unapproved products containing tirzepatide, after a U.S. judge last month blocked pharmacies from making copies of its weight-loss and diabetes medicines.

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Syndicate Results 2024 #17 Inigo 1301

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 #17 Inigo 1301 appeared first on Insurance Marine News.

Marine 52
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The Race to Fix Aging Computer Systems Heats Up With AI’s Help

Insurance Journal

Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times as old as the crew’s youngest members.

Cyber 211
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American Club publishes transport guidance for the prevention of shortages for dry bulk cargoes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post American Club publishes transport guidance for the prevention of shortages for dry bulk cargoes appeared first on Insurance Marine News.

Marine 52
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Update on New Jersey Wildfire: 50% Contained; 13,250 Acres Burned

Insurance Journal

New Jersey firefighters reported Wednesday night that the Jones Road wildfire in Ocean County has been 50% contained after burning 13,250 acres.

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Maryland will protect Chesapeake Bay Bridge from ship allisions

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maryland will protect Chesapeake Bay Bridge from ship allisions appeared first on Insurance Marine News.

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Generali CEO Secures New Term After Contested Natixis Deal

Insurance Journal

Generali Chief Executive Philippe Donnet secured shareholder support on Thursday to stay in the job for another three years, after he struck a landmark asset management deal that irked both a major investor and the Rome government.

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Container volumes rebound in Black Sea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Container volumes rebound in Black Sea appeared first on Insurance Marine News.

Marine 52
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Apple, Meta Fined as EU Presses Ahead With Tech Probes

Insurance Journal

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

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Jury awards $2.8m to crewmembers of superyacht

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Jury awards $2.8m to crewmembers of superyacht appeared first on Insurance Marine News.

Marine 52
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Baltimore City School District Reports Cyber Incident

Insurance Journal

Baltimore City public school officials are dealing with a cybersecurity incident that occurred on February 13.

Cyber 173
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Tanker boarded and robbed off Nigeria

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tanker boarded and robbed off Nigeria appeared first on Insurance Marine News.

Marine 52
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PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

Insurance Journal

PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses.

Damage 165
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UK promises ÂŁ300m to add to offshore wind supply chain

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK promises 300m to add to offshore wind supply chain appeared first on Insurance Marine News.

Marine 52
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Wife of Former US Sen. Bob Menendez Convicted in Bribery Scheme

Insurance Journal

Nadine Menendez, the wife of former U.S. Sen.

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EU requires insurance details from passing ships

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EU requires insurance details from passing ships appeared first on Insurance Marine News.

Insured 52
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Global Commercial Insurance Rates Drop 3% During Q1, but US Casualty Bucks the Trend

Insurance Journal

Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh.

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Some Chevron-chartered tankers for Venezuela are now heading elsewhere

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Some Chevron-chartered tankers for Venezuela are now heading elsewhere appeared first on Insurance Marine News.

Marine 52
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Small Plane Hit Power Line Before Crashing in Platte River in Nebraska

Insurance Journal

A small plane appeared to have struck a power line before it crashed into the Platte River in Nebraska and killed all three people aboard, according to the National Transportation Safety Board.

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