Sun.Apr 20, 2025

article thumbnail

Florida Bill Advances, Would End Board of Engineering, Other Professional Agencies

Insurance Journal

Elon Musk’s age of government efficiency has spread to Florida, with legislation advanced last week that would abolish at least 22 state boards that oversee licensing and disciplinary reviews for engineers, contractors, building inspectors, accountants and many more professionals.

License 257
article thumbnail

Why You Should Purchase Riders with Life Insurance Policies

Top Insurance Blogs

Living and working as one whose family depends on their financial support can be very risky without a life insurance policy. In the case of unfortunate eventuality which can come up at any time, only the financial security of your family is what will determine if life wont become miserable for your dependents. Though life […] The post Why You Should Purchase Riders with Life Insurance Policies appeared first on My Top Insurance Blogs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tesla Settles Employee’s California Suit Alleging Pervasive Harassment

Insurance Journal

Tesla settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying “welcome to the plantation” or “welcome to the slave house.

Claim 147
article thumbnail

How Insurance Works for E-commerce Businesses in Germany

Top Insurance Blogs

In the ever-growing e-commerce sector, securing appropriate insurance is vital for any online business in Germany to mitigate risks. Without this, having long-term success will only be a pipe dream. As a licensed insurance agent with extensive experience, I understand the unique challenges faced by e-commerce entrepreneurs. This guide will handle all the essential insurance […] The post How Insurance Works for E-commerce Businesses in Germany appeared first on My Top Insurance Blogs.

License 52
article thumbnail

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.

article thumbnail

High Cost of Living Fears We’re Made Worse by LA Wildfire in UCLA Survey

Insurance Journal

The high cost of living remains a main concern in America’s largest exacerbated by the January 2025 wildfires is one of the biggest worries bothering residents of Los Angeles County.

Insured 147

More Trending

article thumbnail

Bayer Lobbies States in Battle to Keep Glyphosate on Market, CEO Says

Insurance Journal

Bayer is lobbying U.S. states to adjust their regulations in the battle to control costly litigation targeting its herbicide glyphosate but is also prepared for a possible exit from the market, the group’s CEO said on Thursday.

147
147
article thumbnail

Merlin Law Group Wishes You a Happy Easter

Property Insurance Coverage Law

Happy Easter from Merlin Law Group! The post Merlin Law Group Wishes You a Happy Easter appeared first on Property Insurance Coverage Law Blog.

article thumbnail

3 Emerging Risks to Watch: 6G Wireless Technology, Autonomous Trucks, Kratom

Insurance Journal

It seemed not so long ago that many wireless carriers were in a race to 5G, touting the speed of their networks to consumers.

Risk 147
article thumbnail

Risk and opportunity exist within shipping’s choppy waters

Splash: Finance and Insurance

Tobias Backer, executive director of Pelagic Capital, writes for Splash today on shippings cash requirements in uncertain times. The maritime industry is no stranger to volatility and uncertainty. However, shipping is currently experiencing a prolonged period of unrest from a myriad of geopolitical challenges that are having a significant impact on maritime markets.

Risk 76
article thumbnail

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

article thumbnail

Delivery Company Must Repay $2M for Workers’ Comp Scheme

Insurance Journal

A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies.

article thumbnail

Business Moves

Insurance Journal

National Mitsui Sumitomo Insurance Co., W.R. Berkely Corp. Japanese property/casualty insurer Mitsui Sumitomo Insurance Co. will buy a 15% stake in W.R. Berkely Corp. through open market purchases or private transactions with third parties. W.R.

article thumbnail

My New Markets

Insurance Journal

Excess Property Market Detail: Excess Limits Property coverage with maximum $5 million limit on stand-alone or quota share basis through an exclusive capacity arrangement with Ardellis Insurance Ltd (AMBest Rated A) attaching at a minimum of $5 million for the …

Insurance 130
article thumbnail

People & Places

Insurance Journal

National Tobias “Toby” Cushing, previously casualty technical director at Zurich North America, has been appointed to the newly created role of deputy chief underwriting officer.

article thumbnail

FDA Suspends Food Safety Quality Checks After Staff Cuts

Insurance Journal

The Food and Drug Administration is suspending a quality control program for its food testing laboratories as a result of staff cuts at the Department of Health and Human Services, according to an internal email seen by Reuters.

130
130
article thumbnail

New York’s Delayed Retail Worker Safety Act Goes into Effect June 2

Insurance Journal

Originally set to go into effect Jan. 31, New York’s new law offers workers more protections against workplace violence and harassment. The Retail Worker Safety Act (S. 8358B/A. 8947C), signed by Gov. Kathy Hochul (D) on Sept.

article thumbnail

Navion Acquires P/C Business of Instasure in California

Insurance Journal

Navion insurance Associates Inc. acquired the property/casualty book of business from Instasure in California. Instasure is an insurance agency that specializes in serving the commercial insurance needs of clients. Navion Insurance Associates is based in Yorba Linda, California.

article thumbnail

Gov. Hochul’s Proposed Regulatory Changes to Workers’ Comp Treatment

Insurance Journal

In her 2025 State of the State, Gov. Kathy Hochul outlined several proposals aimed at improving access to medical care within the New York State Workers’ Compensation system.

article thumbnail

Employee Whiffs on Workers Comp Claim for TopGolf Injury

Insurance Journal

By Andrew G. Simpson An employee who claimed he injured his knee while swinging a club during an employer-sponsored TopGolf event has failed to qualify for workers’ compensation benefits.

article thumbnail

Majority of Small Business Leaders Think AI Will Play ‘Crucial Role’ in Work Safety

Insurance Journal

By Allen Laman More than half of small business leaders believe artificial intelligence will play a “crucial role” in worker safety over the next five years, according to a new report from Pie Insurance.

Insurance 130
article thumbnail

Wildfires and Lessons Learned

Insurance Journal

“I conceive that the great part of the miseries of mankind are brought upon them by false estimates they made of the value of things.

130
130
article thumbnail

What Young Agents Think

Insurance Journal

Basically Basically True False As a younger agent, I have to work harder to gain the confidence of clients. 70.83% 20.83% I fear that my career will be hurt by a merger or sale of my agency. 32.26% 48.

Agents 130
article thumbnail

What Does the Future Hold for Independent Agencies?

Insurance Journal

Wouldn’t it be nice to know what the future holds? The insurance market, the economy, and consumer expectations are all shifting, making it hard to know where to focus.

article thumbnail

Soft D&O Market May Come to an End as Risk Complexities Rise

Insurance Journal

By Chad Hemenway Buyers of directors and officers (D&O) liability insurance have benefited from strong capacity and healthy competition among insurers to see consistent rate decreases at renewal over the last several years.

article thumbnail

Insurance Research Council Finds Personal Auto Insurance Affordability Better Than in the 2000s

Insurance Journal

According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century.

article thumbnail

Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts

Insurance Journal

By Kalea Hall and Nora Eckert U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade if the global trade war escalates, a Detroit-area automotive advisory firm forecasts.

130
130
article thumbnail

AccuWeather: Severe Storms in Central US Cause $80-$90B in Damages, Economic Loss

Insurance Journal

A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather.

Damage 130
article thumbnail

Young Agent Opinions on Current Employer

Insurance Journal

Excellent Good Fair Poor Outlook for the future of my agency 34.8% 53.3% 10.9% 1.1% Access to quality markets 38.5% 47.3% 13.2% 1.1% Relationships with carriers 35.9% 51.1% 12.0% 1.1% Agency’s culture 32.6% 51.1% 13.0% 3.3% Use of technology 20.

Agents 130
article thumbnail

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report

Insurance Journal

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output.

Cyber 130
article thumbnail

What Young Agents Like Least

Insurance Journal

1. Rollercoaster of emotions related to sales. 2. I am always on call, which makes it difficult to fully detach from work. 3. The perception of being an “insurance agent” can be a negative one, even for a great agent.

Agents 130
article thumbnail

Young Agent Leaders

Insurance Journal

There’s no better time to excel and grow in the insurance world, some say. The talent gap has opened new doors for accelerated advancement for the driven and focused young professional.

Agents 130
article thumbnail

Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment?

Insurance Journal

By Elizabeth Blosfield Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New York City.

article thumbnail

Revisiting California’s Wildfires: A Personal Journey

Insurance Journal

PART TWO OF A TWO-PART SERIES In this second article in a two-part series, Journalist Russ Banham endeavors to better understand the factors behind the devastating fires in Los Angeles County and the roles that public officials, fire suppression personnel, …

130
130