Insurance Journal
FEBRUARY 4, 2025
The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a cornerstone for many of these operations.
Property Insurance Coverage Law
FEBRUARY 4, 2025
What is the comprehensive plan for structural resilience to natural disasters? Resilience extends beyond individual buildings and cities; it requires a regional and national approach to infrastructure development. Coordinated efforts between federal, state, and local governments create cohesive policies that address large-scale vulnerabilities. Stakeholders within the insurance industry have rightfully been calling for more leadership … The post Where Is the National Plan for Structural Re
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Insurance Journal
FEBRUARY 4, 2025
Generali to remain in charge of decisions over how to allocate its own clients’ savings under the asset management deal with France’s BPCE, the insurer said, addressing concerns raised by Italy’s government and two leading investors.
Redbird Agents
FEBRUARY 4, 2025
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. For insurance agents, managing chargebacks and financial obligations responsibly is a crucial part of building a successful career. One of the most significant consequences of unpaid debt in the insurance industry is being reported to Vector Onea reporting agency that tracks outstanding producer debt.
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.
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Insurance Journal
FEBRUARY 4, 2025
Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P.
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Insurance Journal
FEBRUARY 4, 2025
A group calling for reforms to lower insurance costs across New York has launched its first ad.
Redbird Agents
FEBRUARY 4, 2025
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. Final expense insurance serves a large and diverse market, primarily made up of individuals who want to ensure their loved ones are not burdened with funeral costs and other end-of-life expenses. Many people simply cannot afford a pre-paid funeral, do not want a funeral home controlling their trust, or are looking to protect their life savings.
Insurance Journal
FEBRUARY 4, 2025
Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S. history.
AMAXX
FEBRUARY 4, 2025
A structured Return-to-Work (RTW) program is one of the most effective ways to reduce workers’ compensation costs and improve employee recovery outcomes. Transitional duty assignments , a core component of RTW programs, allow injured employees to remain engaged in meaningful work while they recover. These assignments help businesses manage claims costs, reduce lost workdays, and maintain workforce productivity.
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
Insurance Journal
FEBRUARY 4, 2025
In arid West Texas, water seeps and bubbles from old wells, sometimes carrying oil, brackish water or other pollutants to the surface.
Central Insurance
FEBRUARY 4, 2025
Learn why Homeowner Association Insurance is essential, the key policies HOAs need, and how to protect your community. The post Homeowner Association Insurance: The Four Policies You Need appeared first on Central Insurance Blog.
Insurance Journal
FEBRUARY 4, 2025
Orion180 announced that its FLEX Home Insurance product is now available in Texas. Orion180 said that FLEX is designed to address the diverse needs of Texas homeowners, including those in high-risk areas prone to natural disasters like tornadoes and hailstorms.
LexisNexis
FEBRUARY 4, 2025
Vendor management best practices vary from legal department to legal department. Regardless, the common threads among them all are to improve management of vendor relationships, manage legal spend and determine which vendors earn contracts. These, and other considerations in vendor management systems best practices, are crucial for legal departments and legal operations teams seeking to optimize the law department.
Insurance Journal
FEBRUARY 4, 2025
AXA XL Hires Bakker as Head of Environmental Package Solutions, Middle Market, Americas AXA XL in the Americas hired Peter Bakker as head of environmental package solutions for the middle market in the Americas. Bakker is based in New York.
TGS
FEBRUARY 4, 2025
TGS Insurance Blog Equipment Breakdown Coverage Explained What is Equipment Breakdown Coverage? Imagine this: You wake up one morning, stumble into the kitchen, press the button on your coffee makerand nothing happens. You try again. Still nothing. Then, you notice your fridge isnt humming. Your AC? Not working. In a moment of panic, you realize something more significant might be at play.
Insurance Journal
FEBRUARY 4, 2025
WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023.
Rough Notes
FEBRUARY 4, 2025
INSURANCE-RELATEDCOURTCASES Digested from case reports published online COURT DECISIONS Landslide triggers dispute BrunoBuilt, Inc., contracted with William and Amy Dempsey to build a home on real property they owned in the Boise Foothills. In 2015, after contracting with the Dempseys, BrunoBuilt added the Dempsey project to its Tailored Protection Policy (TPP).
Insurance Journal
FEBRUARY 4, 2025
U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers of congress would form a working group to develop policy favoring development of digital assets.
Rough Notes
FEBRUARY 4, 2025
INSURANCE-RELATEDCOURTCASES Digested from case reports published online Bad day for driver In 2018, Marcus Fear was involved in a rear-end collision for which he was not at fault. As a result of the accident, he suffered injuries and received medical treatment. At the time, Fear held an underinsured motorist (UIM) policy issued by GEICO.
Insurance Journal
FEBRUARY 4, 2025
The GS Foods Group Inc. in Ontario, California, agreed to pay more than $949,000 to settle allegations of False Claims Act violations related to small business contract bidding.
Rough Notes
FEBRUARY 4, 2025
INSURANCE-RELATEDCOURTCASES Digested from case reports published online COURT DECISIONS No coverage for abuse Between 2007 and 2009, Susan McCarthys minor child, M, was in the care of McCarthys friend, Glynis McCormack, at McCormacks home.
Insurance Journal
FEBRUARY 4, 2025
Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re, as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a startup insurer based in Florida.
Rough Notes
FEBRUARY 4, 2025
INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS A classical gas Patterson-UTI Energy, Inc., and its affiliates (collectively, Patterson) provide oil and gas equipment and services, and purchase insurance to cover potential costs that arise from incidents during drilling operations. For the 2017-2018 policy year, Patterson obtained an umbrella policy from Liberty Mutual Insurance Europe, Ltd.
Insurance Journal
FEBRUARY 4, 2025
King Risk Partners announced the acquisition of Barker, Beck, Collins & Kronauge Agency (BBC&K), an independent insurance firm in Dayton, Ohio. BBC&K was founded in founded in 1923.
Insurance Marine News
FEBRUARY 4, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Oil tanker attacked last year crosses Red Sea appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 4, 2025
Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen’s Houthis last year, sailed through the Red Sea this week, the Suez Canal said on Monday, in one of the first voyages since the militia announced a halt in attacks …
Insurance Marine News
FEBRUARY 4, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US State Secretary Rubio welcomes Panama decision to leave Chinas Belt And Road plan appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 4, 2025
The Delaware Supreme Court on Tuesday issued a decision involving TripAdvisor that could make it easier for some companies to move out of the state, which is the corporate home for about two-thirds of the Fortune 500.
Insurance Marine News
FEBRUARY 4, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vessel remains stuck in Vigo after containers shifted in bad weather appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 4, 2025
The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year ago.
Insurance Marine News
FEBRUARY 4, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Protectionism and geopolitical tensions are major IUMI concerns appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 4, 2025
Jupiter Risk Services has launched its Jupiter Private Client Excess Homeowners Insurance (XS Homeowners), a property insurance product providing up to $1 million in additional capacity above the California FAIR Plan.
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