Wed.Mar 12, 2025

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UK Financial Watchdogs Drop Diversity and ‘Name and Shame’ Reforms

Insurance Journal

Britain’s top financial regulators have scrapped proposed new rules to boost diversity and inclusion in the industry, and mothballed a fresh crackdown on non-financial misconduct, citing fears of imposing unnecessary regulatory burdens on firms.

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Reignite Past Leads Now: Sales Pipeline Best Practices | Solstice

Solstice Insurance Broker

Nurturing your current prospects and clients is key to the success of your business. It's also important to spend time and energy reconnecting with past contacts and prospects that have become stale.

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California Body Shop Owner Charged With Insurance Fraud on Bait Car

Insurance Journal

A San Jose, California, body shop owner was charged with insurance fraud following an undercover sting operation that reportedly revealed he jacked an insurance damage estimate on a bait car.

Damage 264
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Medicare Statistics And Facts In 2025

PSM Brokerage

Source: Forbes Medicare remains a cornerstone of health coverage for older adults in the U.S., providing essential benefits to more than 67 million Americans as of April 2024. With nearly half of all beneficiaries enrolled in Original Medicare and the other half opting for Medicare Advantage , the program continues to evolve to meet the needs of its diverse population.

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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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Berkshire, Progressive Are 2024 Underwriting Profit Leaders; Industry Sets Income Record

Insurance Journal

S&P Global Market Intelligence expects the U.S. property/casualty insurance industry to post more than $100 billion of net income for 2024and that the biggest underwriting profits contributing to the figure will come from units of Berkshire Hathaway and Progressive.

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Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition

Insurance Journal

More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition.

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Marine round-up : 13th 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 : 13th March 2025 appeared first on Insurance Marine News.

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Dutch Marine Services Provider Boskalis to Salvage UK Ship Collision Tanker

Insurance Journal

Dutch marine provider Boskalis will salvage the U.S.-flagged tanker Stena Immaculate, which was struck by a container ship off northeast England on Monday, a spokesperson said on Tuesday, confirming earlier Dutch media reports.

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Vessels face delays in Chattogram amid ongoing handling charges dispute

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vessels face delays in Chattogram amid ongoing handling charges dispute appeared first on Insurance Marine News.

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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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Insurer Payouts Now at $12B for LA Wildfires, Report Shows

Insurance Journal

Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January.

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BIMCO: ships and crew in danger in drug threat ports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post BIMCO: ships and crew in danger in drug threat ports appeared first on Insurance Marine News.

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People Moves: Sweeney Appointed Chief Credit Officer at Concert Group

Insurance Journal

Concert Group, headquartered in Chicago, appointed Thomas G. Sweeney as chief credit officer.

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Houthis issue warning to Israeli ships

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Houthis issue warning to Israeli ships appeared first on Insurance Marine News.

Marine 52
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Florida Bill Barring Citizens Coverage for Noncompliant Condos Passes Committee

Insurance Journal

A Florida House bill that would bar Citizens Property Insurance Corp. from writing condominium properties that haven’t complied with inspection deadlines passed its first hurdle this week.

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Russian oil flows surge

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian oil flows surge appeared first on Insurance Marine News.

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Lloyd’s Said It Will Lose $2.3B From LA Wildfires

Insurance Journal

Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number of companies that have paid out more than $1 billion in losses from the catastrophe.

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Reefer refloated after running aground on Isle of Skye

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Reefer refloated after running aground on Isle of Skye appeared first on Insurance Marine News.

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Third Magellan Diagnostics Exec Pleads Guilty Over Lead-Test Device Defect

Insurance Journal

The former CEO of Magellan Diagnostics pleaded guilty on Monday to a criminal charge related to a malfunction in the company’s lead-testing devices that produced inaccurately low results for tens of thousands of patients.

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Russian strikes kill four crew in Odesa

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian strikes kill four crew in Odesa appeared first on Insurance Marine News.

Marine 52
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Tornado Destroys Florida Home, Strikes TV Station During Broadcast

Insurance Journal

A tornado destroyed an Orlando-area home and hit a TV station while the weatherman was broadcasting about the twister, part of storm fronts that caused damage across parts of the Southeast.

Damage 167
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Cormican named Syndicate 4000 active underwriter

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cormican named Syndicate 4000 active underwriter appeared first on Insurance Marine News.

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Attempt to Make S’mores Blamed for Long Island Wind-Driven Brush Fires

Insurance Journal

Multiple brush fires that burned across a wooded area of Long Island over the weekend were accidentally caused by a family’s attempt to make s’mores, Suffolk County police said Monday.

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North Sea accident P&I loss predictions lowered as salvage starts

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post North Sea accident P&I loss predictions lowered as salvage starts appeared first on Insurance Marine News.

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Captain of Container Ship That Crashed Near UK Was Russian

Insurance Journal

The captain of the Solong container ship that crashed near the UK is a Russian national, the ship’s owner said.

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Update on Adass Synagogue Fire Bombing

Prof. Allan Manning

Readers will recall the news footage of the attack on the Adass Synagogue in Melbourne. The facility provided much more than a place of worship to the local community and was in fact the heart of the local area. To maintain as many services as possible for the congregation, a short-term temporary marque was erected at a near-by school while a longer-term site was sourced.

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People Moves: NJM’s CEO Livingston to Retire; Voorhees Named Successor

Insurance Journal

NJM Insurance Group’s President and Chief Executive Officer Mitch Livingston, will retire on July 31, after 19 years at the company, including the past seven as its leader.

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Detached Garage Disaster: Why Your Home Insurance Might Not Protect You

Property Insurance Coverage Law

If your garage isnt physically attached to your home, is it still part of your dwelling? That seemingly simple question led to a surprising decision from a Georgia federal court that should catch the attention of homeowners everywhere. This tale of policy language, legal arguments, and an unfortunate tree offers a critical lesson for all … The post Detached Garage Disaster: Why Your Home Insurance Might Not Protect You appeared first on Property Insurance Coverage Law Blog.

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15 Injured When School Bus Overturns on Parkway in New Jersey

Insurance Journal

A school bus carrying 31 people overturned on the Garden State Parkway in New Jersey, sending more than a dozen people to hospitals, officials said.

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Detached Garage Disaster: Why Your Home Insurance Might Not Protect You

Property Insurance Coverage Law

If your garage isnt physically attached to your home, is it still part of your dwelling? That seemingly simple question led to a surprising decision from a Georgia federal court that should catch the attention of homeowners everywhere. This tale of policy language, legal arguments, and an unfortunate tree offers a critical lesson for all … The post Detached Garage Disaster: Why Your Home Insurance Might Not Protect You appeared first on Property Insurance Coverage Law Blog.

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Chubb Combines Lower Middle Market and Digital Small Business Units

Insurance Journal

Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit.

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“LEADERS NEED TO MASTER GREAT DECISION MAKING”

American Senior Benefits

Greg Gelineau, CLTC ~Executive Vice President at American Senior Benefits/Integrity Marketing Group~ Top 1% LinkedIn voice /Coach and Business Consultant. #IndustryExpert/#LeadershipExpert/ SUBSCRIBE TO MY NEWSLETTER & FOLLOW ME March 12, 2025 Every action has an equal and opposite reaction. Put simply, a choice is what you decide to do (or not do).

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Markets/Coverages: MS Amlin, MSIG UK Launch Dual-Stamp Capacity for London Market

Insurance Journal

MS Amlin, the Lloyd’s re/Insurer, and its sister company, Mitsui Sumitomo Insurance Co. (Europe) (MSIG UK), announced the expansion of their London market footprint with the launch of a new dual-stamp underwriting capability.