Mon.Mar 03, 2025

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Florida Seeks Personal Prescription Data From Drug Middlemen

Insurance Journal

Florida insurance regulators have asked companies to hand over extensive amounts of data on people’s pharmacy claims, including personal information and prescription drug usage, an unusual move for a state regulator that’s raising privacy concerns.

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How to Market Your Insurance Agency on Social Media?

Tosten Marketing

Social media has become a game-changer for insurance agencies looking to expand their reach and connect with potential clients. At Tosten Marketing, we’ve seen firsthand how effective insurance agency social media marketing can be when done right. In this blog post, we’ll share proven strategies to help you leverage social platforms to grow your insurance business.

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Washington Senate Passes Restitution, Credit Scoring Study Bills

Insurance Journal

The Washington state Senate passed three bills with insurance implications on Monday, including a bill giving the insurance commissioner the authority to order restitution to harmed policyholders and a bill studying the impacts of insurance rating factors like credit scores.

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Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

The casualty insurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. To shed light on these challenges and offer guidance on navigating this complex landscape, Risk Strategies Mike Vitulli, Zurich North Americas Bill Chepulis, and Zywaves Jim Blinn and Jeff Cohen recently participated in a webinar titled “Casualty Craziness: Whats the Cause and Whats the Cure.” If you don’t have the

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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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Texas Lawsuit Alleges GEICO Raises Premiums Despite Accident Forgiveness Promise

Insurance Journal

A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude sued GEICO on Feb.

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AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’

Insurance Journal

Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results.

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What Is The Most Profitable Insurance to Sell? | EverQuote

EverQuote

Need to boost your agencys income? Heres the most profitable insurance to sell according to expert agent Randy Thompson.

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Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut

Insurance Journal

Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company also announced its highest-ever policyholder dividend of $55 million for 2025.

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How AI is Changing E&O Risks for Agents and Brokers

American Agents Alliance

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry. However, for agents and brokers, these new AI-driven processes can introduce new E&O risks to mitigate and manage.

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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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Critical Fire Conditions to Grip Texas’ Oil-Rich Permian Basin

Insurance Journal

Critical to extreme fire conditions are expected to affect more than 2.7 million people across the Southwest, lower Great Plains and Texas, including the oil-rich Permian Basin.

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BBC publishes leaked recordings of Greek rescue coordinators in Adriana case

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post BBC publishes leaked recordings of Greek rescue coordinators in Adriana case appeared first on Insurance Marine News.

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Drake Settles With Texas-Based iHeartMedia Over ‘Not Like Us’

Insurance Journal

Drake has reached a settlement with Texas-based iHeartMedia in his ongoing legal dispute over Kendrick Lamar’s diss track “Not Like Us,” according to court records.

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Force Majeure and weather conditions – an increasing trend?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Force Majeure and weather conditions an increasing trend? appeared first on Insurance Marine News.

Marine 52
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Missouri Man Admits to Stealing Railroad Equipment on 33 Occasions

Insurance Journal

A Missouri man on Friday admitted stealing railroad equipment on 33 occasions in Missouri and Illinois, costing railroads more than $1.5 million. Jesse Henry, 21, of Laclede County, Missouri, pleaded guilty in U.S. District Court in St.

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Sanctioned ship goes for scrap

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sanctioned ship goes for scrap appeared first on Insurance Marine News.

Marine 52
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Consumer Trust Issues Hinder Industry Efforts to Close Protection Gap: Survey

Insurance Journal

Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gapand also believe that “lack of trust in the insurance industry” is a key barrier standing in the way.

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Massachusetts offshore wind farm postponed for four years

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Massachusetts offshore wind farm postponed for four years appeared first on Insurance Marine News.

Marine 52
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Japan Battles Worst Wildfire in 40 Years Amid Record Dry Season

Insurance Journal

Japan is battling its worst wildfire in four decades, forcing thousands of people to flee amid some of the driest weather on record. At least one person has been killed since the blaze broke out Feb.

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Spirit Of Tasmania IV to be moved from Scotland to Tasmania

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Spirit Of Tasmania IV to be moved from Scotland to Tasmania appeared first on Insurance Marine News.

Marine 52
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State Farm 2024 Underwriting Losses Shrink on Auto Results

Insurance Journal

After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss for 2024but narrowed it thanks to its auto insurance results. State Farm reported a 2024 net income of $5.

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Norway says it will keep supplying fuel to US Navy

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Norway says it will keep supplying fuel to US Navy appeared first on Insurance Marine News.

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People Moves: Novatae Risk Group Names Greggains President

Insurance Journal

Novatae Risk Group, headquartered in Dallas, named Nick Greggains as president. Greggains is a member of the executive leadership team focusing on improving underwriting discipline, developing and implementing growth strategies, managing relationships with key clients and overseeing operational excellence.

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Finland ends detention of Eagle S

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Finland ends detention of Eagle S appeared first on Insurance Marine News.

Marine 52
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Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets

Insurance Journal

Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public Co.

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Russian missiles hit Odesa port

Insurance Marine News

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

Marine 52
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After Breakup With Spring Breakers, Miami Beach Says No to Getting Back Together

Insurance Journal

MIAMI BEACH, Fla. (AP) Miami Beach broke up with spring break last year and city leaders still aren’t interested in couples counseling.

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2024 Zywave Stewardship Report

Zywave

Zywave has become well-known in the insurance industry for continuously enhancing its portfolio of solutions, fostering ways to improve customer experience. The 2024 Stewardship Report recaps the top highlights of the year, including product developments as well as industry impact.

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Delaware Program Cuts Crop Insurance Premiums for Farmers Up to 30%

Insurance Journal

Delaware has begun a program that promises to reduce premiums for 2025 crop insurance plans for producers who had an eligible plan in 2024.

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Limits increased at Yachtowners Club

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Limits increased at Yachtowners Club appeared first on Insurance Marine News.

Marine 52
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With Unrevealed Previous Injury, Later Claim Cannot be Denied, Georgia Court Says

Insurance Journal

Defending workers’ compensation claims from employees who have not disclosed previous injuries may have just become a little more complicated for employers and insurance carriers in Georgia.

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Blog Post: New USCIS NTA Policy (Feb. 28, 2025)

LexisNexis

USCIS, Feb. 28, 2025 "This Policy Memorandum (PM) generally describes the circumstances under which USCIS issues an NTA. USCIS will no longer exempt classes or categories of removable aliens from potential enforcement, which includes referring cases to ICE and issuance of NTAs.

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Verisk Webinar Highlights Emerging Psychoactive Substance Risks

Insurance Journal

As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and litigation should insurance professionals keep an eye on?

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