Mon.Jan 06, 2025

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Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe

Insurance Journal

Almost five years after Florida lawmakers clamped restrictions on assignment-of-benefits agreements and two years after they effectively outlawed AOBs altogether, state appeals courts may have finally put an end to one creative way that been used in attempts to get …

Claim 306
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Policyholders and Public Adjusters Often Need to Hire Their Own Experts—Part Two

Property Insurance Coverage Law

In yesterdays post, Policyholders and Public Adjusters Often Need to Hire Their Own Experts, the court found that the insurance policy did not provide coverage for the claimed damages for two primary reasons.1 First, the plaintiffs failed to demonstrate that the damage to their home occurred during the policy period or was caused by a … The post Policyholders and Public Adjusters Often Need to Hire Their Own ExpertsPart Two appeared first on Property Insurance Coverage Law Blog.

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McDonald’s Retires Some Diversity Goals in Latest Corporate Retreat

Insurance Journal

McDonald’s Corp. is revamping its approach to diversity, equity and inclusion, becoming the latest large company to change its strategy as the once-ubiquitous goals come under pressure from conservative advocates.

Policy 279
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Loss Control Applications of Artificial Intelligence on Construction Sites

Central Insurance

Explore the applications of artificial intelligence in enhancing safety and risk management on construction sites, from predictive analysis to hazard detection, and how to get started. The post Loss Control Applications of Artificial Intelligence on Construction Sites appeared first on Central Insurance Blog.

Risk 130
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Streamline Insurance Claims Management By Analyzing Legal Trends

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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Former California Insurance Agent Convicted After Stealing $3.7M

Insurance Journal

A former insurance agent plead guilty to stealing premium from a premium finance company.

More Trending

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Severe Winter Storm Batters Nation’s Capital and Metro Region

Insurance Journal

The nation’s capital and surrounding areas are experiencing he effects of a severe winter storm as part of a storm that has moved from parts of the Ohio Valley through to the Mid-Atlantic.

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Seacon agrees sale and leaseback for bulker newbuild

Splash: Finance and Insurance

Chinas Seacon Shipping has secured financing for one of its handysize bulk carriers under construction in Japan. The Hong Kong-listed company said in a filing it had agreed to a $31.38m sale and leaseback deal for a 40,000 dwt bulker with Panama-incorporated Dawn Shipping and its Japan-based parent, whose ultimate beneficial owner is Kohei Kondo.

Insurer 105
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US Steel, Nippon Sue Biden Administration Over Decision to Block Merger

Insurance Journal

U.S. President Joe Biden violated the Constitution by blocking Nippon Steel’s $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit they said was filed on Monday.

Risk 264
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Get Started Building Your NEW Workers’ Comp Program in 2025

AMAXX

When embarking on the journey to master workers compensation, the road is well-traveled and marked by proven strategies. Success is not an accident; it is the outcome of following a series of deliberate steps, executed in the right sequence. Our three components to achieve workers comp mastery are: Framework , Employer Controls , and External Controls.

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Russia-Appointed Officials in Crimea Declare Emergency as Oil Spill Reaches Sevastopol

Insurance Journal

Russia-appointed officials in Moscow-occupied Crimea announced a regional emergency on Saturday, as oil was detected on the shores of Sevastopol, the peninsula’s largest city.

Marine 264
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Should You Bundle Home and Auto Insurance? 

Freeway Insurance

Bundling multiple insurance policies together is known as one of the easiest ways to get a discount, especially when it comes to homeowners insurance and auto insurance. Many insurers have robust savings plans in place designed to get you a better deal when you bundle home and auto insurance. But is bundling always better? If youre not sure whether you should purchase your plans separately or look for a bulk deal, find the right option by exploring this guide.

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US Chamber, Oil Firms Sue Vermont for Making Companies Pay for Climate Damage

Insurance Journal

The U.S. Chamber of Commerce and a top oil and gas industry trade group are suing Vermont over its new law requiring that fossil fuel companies pay a share of the damage caused over several decades by climate change.

Damage 264
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Unrest in Mozambique impacts maritime operations at Mozambique’s ports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Unrest in Mozambique impacts maritime operations at Mozambiques ports appeared first on Insurance Marine News.

Marine 52
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Fire in Dallas Shopping Center Kills Hundreds of Animals

Insurance Journal

DALLAS (AP) A fire that broke out at a shopping center in Dallas on Friday morning killed more than 500 animals, most of which were small birds, authorities said.

Building 264
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Customs fines in Argentina Customs fines in Argentina

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Customs fines in Argentina Customs fines in Argentina appeared first on Insurance Marine News.

Marine 52
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California Winds Drive Severe Fire Danger in Rain-Starved LA

Insurance Journal

Exceptionally powerful, dry winds expected across Southern California this week are set to send wildfire risk skyrocketing in a region that’s endured more than eight months without significant rain.

Risk 264
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North/Northeast Brazil maritime drug trafficking

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post North/Northeast Brazil maritime drug trafficking appeared first on Insurance Marine News.

Marine 52
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Global Property Catastrophe Rates-on-Line Down 6.6% During Renewals: Guy Carpenter

Insurance Journal

Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3% to 7.2%.

Premium 264
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Work progressing on the sunken Manawanui

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Work progressing on the sunken Manawanui appeared first on Insurance Marine News.

Marine 52
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Deadly Accident Has Hawaii Officials asking to End Amateur Fireworks Shows

Insurance Journal

In recent years, occasions large and small parties, Super Bowls, mixed martial arts fights, even Thanksgiving have provided a reason for residents across Hawaii to set off illegal fireworks.

Liability 264
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Egypt completes trial run of new Suez Canal channel extension

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Egypt completes trial run of new Suez Canal channel extension appeared first on Insurance Marine News.

Marine 52
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One in Four UK Firms Cut Jobs After Reeves Budget, PMI Shows

Insurance Journal

Almost one in four British businesses cut jobs in December amid widespread pessimism over the squeeze on their finances from Labour’s tax-raising budget.

Insurer 264
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State of emergency declared in Crimea after recent oil spills

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post State of emergency declared in Crimea after recent oil spills appeared first on Insurance Marine News.

Marine 52
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New NC Governor Issues Orders to Speed Housing Work After Helene

Insurance Journal

ASHEVILLE, N.C. (AP) New North Carolina Gov. Josh Stein took several actions on Thursday to help the short- and long-term recovery from Hurricane Helene, with an immediate focus on more temporary housing and repairs to private bridges and roads.

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Fire on Ro-Ro in Denmark results in one death

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire on Ro-Ro in Denmark results in one death appeared first on Insurance Marine News.

Marine 52
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AM Best: Increasing Political, Terror Risk Could Lead to More Demand for Coverage

Insurance Journal

Authorities have said there is no evidence that the truck attack in New Orleans on New Year’s Day was directed by the Islamic State but the incident as well as the same-day truck explosion outside a hotel in Las …

Risk 264
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Bulk carrier adrift after engine room fire

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier adrift after engine room fire appeared first on Insurance Marine News.

Marine 52
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Ghosts of Grenfell Disaster: No Penalties for UK Firms That Used Flammable Cladding

Insurance Journal

When the deadly Grenfell Tower blaze in 2017 led to revelations that high-rise public housing buildings across Britain were wrapped in flammable cladding, the government vowed the building contractors responsible would pay for their negligence.

Building 263
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CMA CGM delays US East Coast container surcharge

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post CMA CGM delays US East Coast container surcharge appeared first on Insurance Marine News.

Marine 52
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Arthur J. Gallagher & Co. Acquires Canadian Broker Encore Group

Insurance Journal

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group. Terms of the transaction were not disclosed.

Broker 263
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North Carolina New Minimum Auto Insurance Requirements 2025

TGS

TGS Insurance Blog Understanding the New North Carolina Minimum Auto Insurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum auto insurance requirements, marking a significant update to the state’s financial responsibility laws. These changes are designed to provide better financial protection for drivers, passengers, and others involved in auto accidents.

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Relation Acquires Illinois’ Forest

Insurance Journal

Relation Insurance Services acquired the assets of Forest Insurance Agency. The transaction went into effect on December 1, 2024; terms of the transaction were not disclosed. Specializing in personal and business insurance, Forest is based in Forest Park, Illinois.

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Why Lightspeed Solutions is the Best MSP & Cybersecurity Partner for Insurance Agencies

Agency Intelligence

In an industry as data-driven and customer-focused as insurance, maintaining a secure, reliable, and efficient IT environment is essential. The right managed service provider (MSP) doesnt just keep your systems runningthey offer proactive protection, seamless integration, and knowledgeable support tailored specifically to your industry.