Tue.Mar 18, 2025

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Australian Pension Fund Fined A$10.5 Million for Greenwashing

Insurance Journal

Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its environmental, social and governance credentials amid a regulator push to stamp out greenwashing.

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Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Property Insurance Coverage Law

Derek Chaiken and I visited a number of burned-out homes where our clients lived until the recent Los Angeles wildfires destroyed everything they owned. Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

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People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia

Insurance Journal

This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of these executive hires follows here.

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Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Property Insurance Coverage Law

Derek Chaiken and I visited a number of burned-out homes where our clients lived until the recent Los Angeles wildfires destroyed everything they owned. Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

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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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Small Plastic Pellets Wash Up on UK Shores After Ship Explosions

Insurance Journal

Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the country’s waters.

More Trending

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Swiss Insurers Baloise, Helvetia Said to Explore Combination

Insurance Journal

Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest insurers, according to people familiar with the matter.

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2 Common Mistakes In Workers’ Comp Doctor Selection

AMAXX

When a workplace injury occurs, selecting the right physician is a critical factor in ensuring a smooth recovery and return to work. However, employers frequently make two common mistakes when directing employees to medical care: blindly using the network and providing an invalid doctor list. These errors can have significant consequences, including prolonged recovery times, increased claims costs, and a greater likelihood of litigation.

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Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates

Insurance Journal

Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct and facultative (D&F) portfolio with a new binder backed by Lloyd’s Somers Syndicates 3705 and 5423.

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Mistake: Accepting Every Workers’ Compensation Claim

AMAXX

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. While this may seem like the easiest path, its a costly and misguided approach that invites fraud, abuse, and a culture of entitlement. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent.

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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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AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Insurance Journal

For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with a $22.

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Blog Post: Outside Counsel Guidelines Bolster Vendor Relationships

LexisNexis

To establish a robust partnership between your internal legal team and external legal counsel, a back-of-the-napkin understanding won't suffice. Clear outside counsel guidelines are essential to improve vendor performance and prevent misalignment on assigned work or critical matters. Essentially, outside counsel guidelines help allocate resources and billable work while reducing inefficiencies and expenses.

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Kentucky Bill to Trim State OSHA Agency Powers Now on the Governor’s Desk

Insurance Journal

The National Council for Occupational Safety and Health, a non-profit advocacy group, is sounding the alarm about a Kentucky bill that was passed swiftly this month and is now on the governor’s desk.

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Blog Post: Precision Matters: A Deep Dive Into Understanding Patent Claim Indefiniteness

LexisNexis

Explore a comprehensive review of the definiteness requirement for utility patent claims under 35 U.S.C. § 112(b). This practice note reviews indefiniteness statements of law that can be used in legal briefs, opinion letters, expert reports, and more. By addressing key aspects such as claim construction, the role of a person of ordinary skill in the art, and specific language considerations, this note equips readers with the knowledge to navigate the complexities of patent claim definitenes

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‘Bleak’ Data: Insurance Carriers’ Entry Level Hiring Expectations Hit Low Point

Insurance Journal

Insurance carriers expecting to add staff in 2025 are largely looking for experienced professionals rather than filling entry level roles, according to the latest Insurance Labor Market Study from Jacobson Group and Aon.

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Blog Post: Pharmacist-Provided Immunization and Vaccination State Law Survey

LexisNexis

This state law survey, covering the 50 U.S. states, the District of Columbia, and the U.S. Territories, addresses key topics related to the administration of vaccines and immunizations by pharmacists, including continuing education requirements, administration restrictions, administration to minors, and reporting requirements and opt-outs. Read now » Related Content Informed Consent for Clinical Trials Form Use this template as a starting point when drafting an informed consent for clinical

Risk 40
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Devastating Wildfires Destroy Hundreds of Homes Across Oklahoma and Texas

Insurance Journal

As Oklahomans assessed the devastation from wildfires that whipped across the state, damaging or destroying hundreds of homes, officials in both Oklahoma and Texas warned of an increased risk of fire danger in the coming week.

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Blog Post: “Magnum AI”? Artificial Intelligence and Workplace Investigations

LexisNexis

Do you need guidance on using artificial intelligence (AI) in workplace investigations? Read our newly published practice note, Artificial Intelligence (AI) and Workplace Investigations , by Vance O. Knapp, Kayla Panek, and Alen Samuel of Fisher & Phillips LLP. Read now » Related Content Workplace Investigation Resource Kit Find guidance on topics related to internal and external workplace investigations.

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Vortex Hurricane Insurance Now Available in Hawaii

Insurance Journal

Parametric hurricane coverage provider Vortex Weather has expanded its supplemental hurricane insurance solutions to Hawaii. Vortex’s parametric hurricane coverage provides automatic payouts based on National Hurricane Center data. The company promises swift claims process, with no proof of loss required.

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Blog Post: De-SPAC Clause: Trust Account Representations

LexisNexis

Special purpose acquisition companies (SPAC) that raise funds through an initial public offering must hold those funds in a trust account. SPACs have no business operations, but the proceeds in the trust account are used for stockholder redemptions and funding the business combination transaction. Add this trust account representation to the SPAC representations and warranties to assure the target company there are no unauthorized withdrawals or misuse of trust funds.

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Fourth Gang Member Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings

Insurance Journal

A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other valuables was sentenced to eight years in federal prison after pleading guilty to theft of major artwork.

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Creating an Insurance Sales Referral Program: 5 Ideas

Word & Brown

When you think about cost-effective marketing, you probably think about using email, search engine optimization (SEO), content marketing, social media, and blogging. But you shouldnt overlook referrals. According to the website, Talkable , a referral program can help you attract high-quality customers, drive increased revenue for your business, and deliver impressive ROI.

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Former Corrections Officer Going to Jail for Insurance Theft

Insurance Journal

A former state correctional officer from Baltimore has been sentenced in the Circuit Court for Baltimore County for felony theft of $25,000 to $100,000 and ordered to pay $50,251.66 in restitution, announced Attorney General Anthony G. Brown.

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Marine round-up : 19th March 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 : 19th March 2025 appeared first on Insurance Marine News.

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Tesla a Step Closer to Ride-Hailing With California Permit

Insurance Journal

Tesla Inc. was granted approval in California to begin carrying passengers in its vehicles as Elon Musk’s company takes steps toward offering ride-hailing services.

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Drug smuggling in Brazilian ports

Insurance Marine News

Brazilian ports have been experiencing significant levels of drug smuggling, particularly cocaine, as evidenced by numerous seizures in 2024 across various terminals, including Santos, Itaja and Rio de Janeiro. Traffickers employ a variety of concealment methods within vessels, including hidden compartments, containers, and even the ships structure itself.

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EEOC Targets 20 Big Law Firms With Demand for DEI Data

Insurance Journal

The head of the U.S. agency that enforces laws banning workplace discrimination on Monday warned 20 major law firms that their employment policies meant to boost diversity, equity and inclusion may be illegal. The letters from the U.S.

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Abandoned shipwrecks pose safety risks in Fiji

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Abandoned shipwrecks pose safety risks in Fiji appeared first on Insurance Marine News.

Risk 52
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California Insurance Wholesalers Launch Women and Insurtech Initiatives

Insurance Journal

The California Insurance Wholesalers Association launched two new initiatives: CIWA Women and an Insurtech Committee. CIWA Women is designed to promote women’s interests, development and empowerment in the property/casualty insurance space.

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Parsyl recruits Calligeros as head of cargo, North America

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Parsyl recruits Calligeros as head of cargo, North America appeared first on Insurance Marine News.

Marine 52
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Google to Pay $28M to Settle Claims it Favored White and Asian Employees

Insurance Journal

Google agreed to pay $28 million to settle a class action lawsuit claiming that it favored white and Asian employees by paying them more and putting them on higher career tracks than other workers.

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What is affected – the vessel or the port?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post What is affected the vessel or the port? appeared first on Insurance Marine News.

Marine 52
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Teen’s Suicide Turns Mother Against Google, AI Chatbot Startup

Insurance Journal

Megan Garcia says her son would still be alive today if it weren’t for a chatbot urging the 14-year-old to take his own life.

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