Fri.Feb 28, 2025

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Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies

Insurance Journal

Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurance companies.

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Fighting for Policyholder Rights: Florida Bad Faith Law

Property Insurance Coverage Law

When a hurricane damages your home, you expect your insurance company to play fair. But what happens when insurers undervalue claims, drag out disputes, and then hide behind new laws to avoid accountability? Thats precisely what happened in Cindy Vo v. Scottsdale Insurance Companya case that delivered a crucial victory for policyholders in Florida. A … The post Fighting for Policyholder Rights: Florida Bad Faith Law appeared first on Property Insurance Coverage Law Blog.

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People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers

Insurance Journal

Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3.

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Fighting for Policyholder Rights: Florida Bad Faith Law

Property Insurance Coverage Law

When a hurricane damages your home, you expect your insurance company to play fair. But what happens when insurers undervalue claims, drag out disputes, and then hide behind new laws to avoid accountability? Thats precisely what happened in Cindy Vo v. Scottsdale Insurance Companya case that delivered a crucial victory for policyholders in Florida. A … The post Fighting for Policyholder Rights: Florida Bad Faith Law appeared first on Property Insurance Coverage Law Blog.

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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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John Morgan Wants New Political Party, May Run for Governor of Florida

Insurance Journal

The man who has been as much of a litigation nemesis to Florida property and casualty insurers as anyone is launching a new political party and may even run for governor next year.

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Boston’s Safety Insurance Show Fourth Quarter Profits

Insurance Journal

Safety Insurance Group Inc. (SAFT) on Tuesday reported profit of $8.1 million in its fourth quarter. On a per-share basis, the Boston-based company said it had net income of 55 cents.

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What is a Loss History Report?

TGS

TGS Insurance Blog Imagine youve found your dream home. The price is right, the neighborhood is perfect, and everything looks great on the surface. But what if theres more to the story? What if that charming house has a history of costly water damage, roof issues, or even fire damage? This is where a loss history report comes inits like a propertys report card for past insurance claims.

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Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies

Insurance Journal

Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities.

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YOU CAN’T SELL WHAT YOU DON’T OWN

Rough Notes

Preventing producer-owned books of business from becoming an unexpected hurdle in the sale of an agency By Carey Wallace There is no question that the team is the most valuable asset inside any agency.

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Trial Begins in Texas Pipeline Company’s Lawsuit Over Dakota Access Pipeline Protests

Insurance Journal

An attorney for a Texas pipeline company said Wednesday at trial that he will prove various Greenpeace entities coordinated delays and disruptions of a controversial oil pipeline’s construction in North Dakota, and defamed the company to its lenders.

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Before Buying Backyard Chickens

McMahon Insurance Agency

Egg prices have skyrocketed, and with them, an increased interest in backyard chickens. But before you acquire a flock, consider your liability risks and insurance coverage.

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Resilience: Third-Party Risk Involved in 31% of Cyber Claims

Insurance Journal

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024.

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Small Business Insurance Rates By State In America

Simply Insurance

Discover the average small business insurance rates by state. General liability, business owners insurance, workers comp insurance, and more.

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Alabama Lawmakers Advance Bill Making it Harder to Sue Police for Excess Force

Insurance Journal

MONTGOMERY, Ala.

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Protect Your Adobe Oasis with Essential Home Insurance Tips in Michigan

Shield Insurance Agency

Learn how you can secure your Michigan home against unexpected perils like breaking winds, uncontrollable wildfires, and theft in the guide from Shield Insurance Agency below. Essential Home Insurance Tips for Your Adobe Oasis Create an Inventory The first step towards protecting your home and its contents is to create an inventory of your home’s interior and exterior.

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Energy Transer Fuel Leak in Pennsylvania Lasted 16 Months, PHMSA Says

Insurance Journal

A pipeline operated by Energy Transfer LP leaked jet fuel for at least 16 months, contaminating residential water wells in Pennsylvania, and the conduit may be at risk for further incidents, according to a preliminary investigation by regulators.

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ANATOMY OF AN E&O CLAIM—PART II

Rough Notes

Real-world examples involving tenured employees No matter how experienced you are, you can still make mistakes . And newer employees simply dont have the institutional knowledge that grows from tenure in the position.

Claim 52
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Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming

Insurance Journal

Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season despite concerns about adverse reserve development — however, an availability crisis could be looming, AM Best cautions.

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How To Go From being A “Good Enough” Manager To being An Unstoppable Leader

Rough Notes

Three power moves to try If youre not recognizing your team consistently and specifically, youre leaving wins on the table. By Carolyn Smith, APR, TRA Are you just a good manageror are you ready to lead?

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Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims

Insurance Journal

California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month, Edison’s CEO said on Thursday.

Claim 146
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CONSISTENCY OR INTENSITY

Rough Notes

Whats the best way to get the results we want? [I]n the real world, especially among sales professionals, the quest for intensity often overrides the fundamental need for consistency. By Brent Kelly When it comes to getting results, which is more helpful: consistency or intensity? What really wins?

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UK Sets Out Reforms to Address Failures in Grenfell Tower Fire

Insurance Journal

The UK set out a raft of reforms designed to improve building safety, as it aims to clamp down on failures that contributed to the Grenfell Tower fire.

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MUST INSURER PAY FOR RESULTING LOSS EXCEPTION?

Rough Notes

Exception to faulty work exclusion causes confusion Insureds who put in the effort to manage their exposures and insurers who provide a clear coverage intent can avoid many difficulties. By Bruce D. Hicks, CPCU, CLU The Court Decisions column is a popular part of Rough Notes magazine.

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Blog Post: ICE Will Pay You to Spy on.Well, Everyone

LexisNexis

ICE, Feb. 28, 2025 "The Department of Homeland Security (DHS), Immigration and Customs Enforcement (ICE), Office of Professional Responsibility (OPR), has a requirement for Internet Based Threat Risk Mitigation and Monitoring Services. Over the last two years, ICE has experienced an increased level of external threat activity directed towards its Senior leaders, personnel and facilities.

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SHARED INBOXES

Rough Notes

A modern solution for consistent client experience, collaboration and work-life balance By Michael Cruz In todays demanding insurance environment, maintaining consistent client experiences while creating a better work-life balance for employees can be challenging. After phone calls, email is one of the most challenging aspects an agency has to manage.

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Blog Post: CBP "Deputizes" TX National Guard to Arrest, Detain Migrants

LexisNexis

Pursuant to a MOU dated Jan. 31, 2025 (original here ; annotated version here ) CBP has "officially deputized Texas National Guard soldiers under Title 8 today, granting them the authority to carry out immigration enforcement duties. Sixty soldiers from the Texas Military Department took the oath to support the U.S. Border Patrol in its mission to enforce immigration laws.

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AI BUILT FOR INSURANCE

Rough Notes

Customizable tech solution offers an opportunity to build a perfect employee By Christopher W. Cook In 2016, while they were students at Babson College near Boston, brothers Michael and Matthew Vega-Sanz built a peer-to-peer carsharing app, which included an infrastructure to insure the vehicles.

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How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Paragon Independent Insurance Agencies

Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. We understand that every company has different needs. So, how do you determine which commercial insurance products will best protect your business?

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TRAUMA AND CATASTROPHES

Rough Notes

Rooftop view of the Eaton fire from Koreatown, Los Angeles, California. Submerged van in the Swannanoa River near Biltmore Village after Hurricane Helene in Asheville, North Carolina. Recovery strategies for front-line insurance professionals and their customers By Maura C.

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2025 Election Period Booklet for Medicare Advantage and Prescription Drug Plans

PSM Brokerage

Stay informed, stay compliant, and most importantlyhelp your clients make confident Medicare choices! This comprehensive booklet is designed to give you the insights and tools necessary to better serve your clients. A big shout out for Cigna on doing the heavy lifting on this helpful resource! Inside the Election Period Booklet , youll find: Enrollment Elections Timeline Understand the key milestones in the enrollment process.

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50 Years and counting

Rough Notes

This Texas agency has grown from startup to one of the states largest independents By Dennis H.

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Blog Post: California Workers’ Compensation Discovery: 10 Frequently Asked Questions

LexisNexis

By Hon. Robert G. Rassp, Presiding Judge, Los Angeles WCAB Disclaimer: The material and any opinions contained in this article are solely those of the authors and are not the opinions of the Department of Industrial Relations, Division of Workers Compensation, or the WCAB, or any other entity or individual. The materials are intended to be a reference tool only and are not meant to be relied upon as legal advice.

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IROQUOIS GROUP REBRANDS AS IRONPEAK

Rough Notes

Lessons learned from the multi-year name-change effort pulled from the independent agency networks past, present, and future By Maura C. Ciccarelli All company names have backstories. Choosing a new name balances not only the history and current story of the organization, but also where it will be in the future.