Tue.Dec 10, 2024

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Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones

Insurance Journal

At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New grants and low-interest loans that will help elevate homes above …

Insurance 279
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Maritime Union of New Zealand votes against resumption of live animal exports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maritime Union of New Zealand votes against resumption of live animal exports appeared first on Insurance Marine News.

Marine 105
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Malibu Fire Explodes in Size, Forces Thousands to Evacuate

Insurance Journal

A Southern California wildfire whipped by “particularly dangerous” winds destroyed homes, shut schools and spurred the evacuation of thousands of people near Malibu.

Damage 277
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Vessels, undersea cables, and offshore oil installations increasingly becoming “gray zone” targets: WTW

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vessels, undersea cables, and offshore oil installations increasingly becoming gray zone targets: WTW appeared first on Insurance Marine News.

Marine 105
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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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AI Safety Is Hard to Steer With Science in Flux, US Official Says

Insurance Journal

Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving.

Risk 264

More Trending

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North Carolina Town Sues Duke Energy Over Climate Crisis

Insurance Journal

A town in North Carolina sued utility firm Duke Energy DUK.N on Wednesday, accusing the company of deceiving its customers and the broader public about the harms of climate change.

Insurer 246
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Cargo shift causes loss of gantry cranes from heavy load carrier

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cargo shift causes loss of gantry cranes from heavy load carrier appeared first on Insurance Marine News.

Marine 102
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Lawsuit Accuses Major Food Companies of Marketing ‘Addictive’ Food to Kids

Insurance Journal

Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease.

Liability 246
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Somali pirates reject ransom offer for hi-jacked Chinese vessel: reports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Somali pirates reject ransom offer for hi-jacked Chinese vessel: reports appeared first on Insurance Marine News.

Marine 99
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What is Strategic Cargo Theft? – What’s Brewing Podcast (Episode 6)

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group.

Theft 246
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Finding Your AI Waze: A Roadmap for Insurance Agents to Thrive

Agency Intelligence

The insurance world is evolving at a pace that makes the old days of waiting for paper files feel like a distant memory. As Jeff Roy put it in a recent Agency Intelligence Mastermind Meeting, we’re not just finding a faster horsewe’re building a flying car.

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Quantifying Social Inflation: How Swiss Re Developed an Index

Insurance Journal

Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers and their customers with the calculation of a new measurea social inflation index.

Insurance 246
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FMC closes Great Lakes ballast water investigation

Insurance Marine News

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Marine 98
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Texas Mutual Awards $4.5M in Grants to Support Workforce Safety

Insurance Journal

Texas Mutual Insurance Company is announcing the recipients in the second round of its 2024 request for proposal initiative. The company is awarding more than $4.

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Product tanker runs aground in Taiwan

Insurance Marine News

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Marine 71
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Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels

Insurance Journal

Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, according to Insure Our Future.

Premium 246
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Drive Sales Growth and Increase Client Satisfaction With Workers’ Comp

Word & Brown

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? Best of all, you dont need a Property + Casualty (P+C) license. You can expand your service to existing clients and attract new clients by broadening your services to include Workers Compensation Insurance.

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Economic Threats Top of Mind for US Business Leaders

Insurance Journal

Economic downturn, labor shortages and inflation top the list of concerns for business leaders globally, according to the World Economic Forum’s 2024 Executive Opinion Survey, released by strategic partners Marsh McLennan and Zurich Insurance Group.

Insurance 246
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Marine round-up : 11th December 2024

Insurance Marine News

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Marine 52
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Allianz Raises Financial Targets for Next Three Years

Insurance Journal

Allianz, one of Europe’s biggest insurers, has raised its three-year financial targets after outperforming its key goals for this year, the company said on Tuesday. Shares in Allianz fell 1.3% by 0832 GMT.

Insurance 246
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Maersk sees European shipping market challenges in 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk sees European shipping market challenges in 2025 appeared first on Insurance Marine News.

Marine 52
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Hub Acquires Fairfield County Bank Insurance Agency

Insurance Journal

Global insurance broker Hub International Limited announced that it has acquired the assets of Fairfield County Bank Insurance Services, LLC. Terms of the transaction were not disclosed.

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Our Broker Development Team Offers the Insurance Quoting and Sales Support You Need to Thrive

Word & Brown

Having the right general agency (GA) partner can help you, your agency, and your customers. It can relieve you of some of the routine tasks often associated with group health insurance freeing you up to focus on networking, referrals, and sales. Word & Browns Broker Development department empowers brokers (especially independent brokers) to grow their businesses and achieve greater success.

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Iowa Woman Pleads Guilty to Fraudulent Injury Scam at Casino

Insurance Journal

An Iowa woman pled guilty to one count of presenting false information to an insurer over an alleged fraudulent injury at a casino, following an investigation by the Iowa Insurance Division’s Fraud Bureau.

Injury 246
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Marine round-up : 10th December 2025

Insurance Marine News

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Marine 52
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Specialist Risk Group Buys UK Broker R3 in Its 11th Acquisition of 2024

Insurance Journal

Specialist Risk Group (SRG), the London-based insurance intermediary backed by Warburg Pincus and Temasek, announced the acquisition of specialist insurance broker, R3.

Broker 245
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When foreign parties end up in US courts

Insurance Marine News

UK Clubs Matthew Johnston, Senior Claims Executive, Jennifer Porter, Senior Claims Director (Commercial Manager Americas) and William Wilson, Claims Director, have written on the thorny issue of international events occasionally finding their way into US courts, which by common knowledge are the best way to increase the value of your case as a bodily injury.

Injury 52
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Sloop to Take Over for Drinkwater as Amwins President

Insurance Journal

Ben Sloop is set to take over as president of Amwins Group at the start of 2025, the wholesale brokerage said. Sloop succeeds James Drinkwater, who has been with Amwins since 2004 and has served as president since 2018.

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New data standard for ECDIS: What does S-100 mean?

Insurance Marine News

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Marine 52
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California Labor Commissioner Cites 19 Car Washes $1.3M for Violations

Insurance Journal

The California Labor Commissioner’s Office issued $1.3 million in fines for wage theft restitution and civil penalties against 19 car washes in the South Bay area of Los Angeles County and in Orange County.

Theft 245
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EU MRV extension coming soon, advises NorthStandard

Insurance Marine News

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Marine 52
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NFP Expands Presence in Texas With Acquisition of Capstone Strategies

Insurance Journal

NFP announced the acquisition of Capstone Strategies, LLC, a P&C and benefits broker located in Midland, Texas.

Broker 245
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Sierra Leone implements new policy on AIS requirements

Insurance Marine News

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Policy 52