Property Insurance Coverage Law

FEBRUARY 25, 2025

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property?

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Personal Property Policy Policyholder Property Insurance 184

The Property Insurance Law Observer

FEBRUARY 25, 2025

In Jackson v. Spinnaker Insurance Company , the United States District Court for the Western District of Pennsylvania considered a homeowners insurance coverage dispute, ultimately finding that questions of residency and alleged fraudulent misrepresentations precluded summary judgment. However, the court granted summary judgment in favor of the insurer on the bad faith claim, emphasizing that a thorough investigation into a questionable claim does not amount to bad faith Background Spinnaker Ins

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Claim Policy Insurance Companies Damage 130

Property Insurance Coverage Law

FEBRUARY 25, 2025

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property?

Personal Property 170

Personal Property Policy Policyholder Property Insurance 170

Insurance Journal

FEBRUARY 25, 2025

Various media outlets have reported shots were fired into the home of the head of Oregon worker’s compensation insurer SAIF Corp. The outlets are reporting that the early-morning Feb.

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Injury Compensation Workers Compensation Insurance 289

Advertiser: Trellis

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.

AMAXX

FEBRUARY 25, 2025

Once employers and adjusters understand the value of evidence-based medicine (EBM) in workers’ compensation claims, the next challenge is applying it effectively. EBM helps ensure that medical treatments align with standardized recovery timelines, reducing unnecessary disability durations and claim costs. This article explores a real-world example of how EBM can be utilized to drive optimal claim outcomes.

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Workers Comp Injury Workers Compensation Claim 80

Zywave

FEBRUARY 25, 2025

Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave. Insurance is often regarded as a necessary evil by consumers a boring grudge purchase to protect themselves against an unfortunate event that may never happen. And many consumers suspect that the insurance company has plucked numbers out of the air to price a policy, with rates seeming to fluctuate arbitrarily.

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Insurer Insured Insurance Broker 52

Insurance Journal

FEBRUARY 25, 2025

Insurance agents in Florida and beyond are finding that some of their toughest competition now seems to be coming from firms that aren’t really insurance agencies at all at least not in the historical sense of the word.

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Agents Insurance Agent Insurance Agents Insurance Agency 240

LexisNexis

FEBRUARY 25, 2025

Managing external counsel in the legal department comes with various challenges. The primary challenge is rising hourly rates in all practice areas and geographies. Other challenges managing external counsel may arise in performance evaluations and the quality and length of legal services to close a matter. One way managing external counsel benefits the legal department is to set a standardized benchmarking program to track and measure external counsel performance against variables.

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License Building Protection Risk 52

Insurance Journal

FEBRUARY 25, 2025

Multi-year market conduct investigations by the New York State Department of Financial Services have resulted in $20 million in fines and consent orders against three dozen auto insurers for failing to timely report new and terminated auto insurance policies.

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Auto Insurance Policy Insurance Policy Insurance 213

Advertiser: Trellis

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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Rough Notes

FEBRUARY 25, 2025

Regardless of the role AI may play in our business, it never hurts to do everything possible to stay relevant The road to success is not one that your clients typically can manage alone. Clients require someone who understands each fork along the way and someone who will lead them to a positive outcome.

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Agents Insurer Insured Insurance 59

Insurance Journal

FEBRUARY 25, 2025

This post is part of a series sponsored by IAT Insurance Group. Late at night in the Fall of last year, thieves stole 13 ECM units from a fleet of commercial trucks in Chicago.

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Theft Commercial Insurance Insurer 202

Word & Brown

FEBRUARY 25, 2025

Have you heard? Urgency sells. Here are three strategies to leverage urgency as a part of your sales discussions with prospects and clients. Overcome overthinking: A common objection voiced by customers may be what is sometimes referred to as decision paralysis or choice overload. Your client is so caught up in the idea of making the wrong choice that he or she doesnt want to make any decision at all.

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Premium Broker Insurance Broker Liability 52

Insurance Journal

FEBRUARY 25, 2025

The Retail International division of the Talanx Group is selling its Ecuadorian entity HDI Seguros S.A. to Grupo Financiero Atlntida, a financial conglomerate from Honduras.

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Relation

FEBRUARY 25, 2025

Nonprofits are built on a mission to serve, uplift, and drive meaningful change. While their focus is on improving lives and communities, navigating the complexities of risk and insurance can often feel overwhelming. Thats where trusted partners like Relation Insurances Lauren Erickson come inbringing expertise, responsiveness, and a relationship-first approach to ensure nonprofits have the […] The post Celebrating Lauren Erickson: A Trusted Partner in Nonprofit Insurance Solutions appeare

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Insurance Insurer Insured Risk 52

Insurance Journal

FEBRUARY 25, 2025

Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage.

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Commercial Insurance Insurance Broker Insurance Insurer 195

LexisNexis

FEBRUARY 25, 2025

Danielle Prokop, Source NM, Feb. 24, 2025 "U.S. Rep. Gabe Vasquez and teachers union leaders on Monday decried a border patrol agents entry last week to a charter bus with Las Cruces students on their way to a swim meet. Were here to address an incident that should have never happened, Vasquez, a Democrat whose district includes border communities in the southern portion of the state, said in a Zoom call with members of the press Monday afternoon.

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Agents Protection Policy 81

Insurance Journal

FEBRUARY 25, 2025

The California Labor Commissioner’s Office cited a homecare provider $2.3 million for misclassifying caregivers in a test of a new law the went into effect in January. The LCO issued the fines to Amity In-Home Care Services Inc.

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Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 26th February 2025 appeared first on Insurance Marine News.

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Marine Insurance Insurer Insured 52

Insurance Journal

FEBRUARY 25, 2025

A man who took hostages in a Pennsylvania hospital during a shooting that killed a police officer and wounded five other people highlights the rising violence against U.S. healthcare workers and the challenge of protecting them.

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Protection Workers Compensation Compensation 187

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Suez Canal traffic improving, says SCA chairman Rabie appeared first on Insurance Marine News.

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Marine Insurance Insurer Insured 52

Insurance Journal

FEBRUARY 25, 2025

This edition of International People Moves details appointments at Markel and Specialty MGA UK. A summary of these new hires follows here.

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Underwriter Underwriting Insurance Insurer 183

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Port of Auckland CEO fined in Constantinos P case from 2020 appeared first on Insurance Marine News.

Marine 52

Marine Insurance Insurer Insured 52

Insurance Journal

FEBRUARY 25, 2025

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Hastings Insurance Company based …

Insurance Companies 173

Insurance Companies Insurance Insurer Insured 173

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EC publishes list of newly sanctioned ships appeared first on Insurance Marine News.

Marine 52

Marine Insurance Insurer Insured 52

Insurance Journal

FEBRUARY 25, 2025

DoorDash Inc., the biggest food-delivery firm in the US by market share, agreed to pay New York couriers $16.8 million in back pay to resolve a state investigation into its payment practices.

Liability Insurance 168

Liability Insurance Liability Insurer Insured 168

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Taiwan detains vessel on suspicion of undersea cable damage appeared first on Insurance Marine News.

Damage 52

Damage Marine Insurance Insurer 52

Insurance Journal

FEBRUARY 25, 2025

Alphabet’s Google internet search engine is eroding demand for original content and undermining publishers’ ability to compete with its artificial intelligence-generated overviews, a U.S. educational technology company said in a lawsuit filed on Monday.

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Risk 153

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post London Club reports positive 2025 renewals strong growth in tonnage and premiums appeared first on Insurance Marine News.

Premium 52

Premium Marine Insurance Insurer 52

Insurance Journal

FEBRUARY 25, 2025

Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024 from a year earlier, an anti-scam tech firm said, before authorities stepped up a crackdown on cyber fraud operations in …

Cyber 147

Cyber 147

Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire reported on Grimaldi vessel en route to USA appeared first on Insurance Marine News.

Marine 52

Marine Insurance Insurer Insured 52

Insurance Journal

FEBRUARY 25, 2025

A Texas pipeline company’s lawsuit accusing Greenpeace of defamation, disruptions and attacks during protests against the Dakota Access Pipeline goes to trial in North Dakota on Monday, in a case the environmental advocacy organization says threatens free speech rights and …

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Insurance Marine News

FEBRUARY 25, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Container sector could be hit hardest by US fee plans for Chinese-built vessels appeared first on Insurance Marine News.

Marine 52

Marine Insurance Insurer Insured 52