Mon.Mar 24, 2025

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Georgia Lawmakers Approve Major Tort Reform, Overhaul of Legal System

Insurance Journal

ATLANTA (AP) Republican Gov. Brian Kemp’s measure to limit lawsuits in Georgia received House approval Thursday, poising the state’s litigation landscape for a controversial overhaul after a lengthy lobbying campaign.

Liability 298
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Ensuing Loss Clauses Are Often Confusing

Property Insurance Coverage Law

Ensuing loss clauses give rise to a lot of coverage debate. They also give rise to a lot of litigation.I was about to write about a recent ensuing loss decision, but that decision cited a Maryland judges discussion of the ensuing loss clause as he wrestled with its meaning. So, I am writing about that … The post Ensuing Loss Clauses Are Often Confusing appeared first on Property Insurance Coverage Law Blog.

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Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia

Insurance Journal

Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the country’s invasion of Ukraine.

Insurer 167
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Medicare SEP Disaster Policy Change Withdrawn: What Insurance Agents Need to Know

PSM Brokerage

The Centers for Medicare & Medicaid Services (CMS) has officially withdrawn the proposed changes to the Special Election Period (SEP) for Individuals Affected by a Government Entity-Declared Disaster or Other Emergency. Previously, CMS announced that starting April 1, 2025 , beneficiaries would need to call 1-800-MEDICARE to use this SEP. However, this requirement will no longer be implemented.

Agents 97
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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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Oregon DOJ Clears Way for New Ag Worker Housing Safety Rules in Oregon

Insurance Journal

The Oregon Occupational Safety and Health Division acted within its legal authority when adopting enhanced safety and health regulations for agricultural labor housing, the Oregon Department of Justice confirmed.

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Fidelis Partnership Launches International Casualty MGA, Writing Primary, Excess Cover

Insurance Journal

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd.

Liability 136
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Part 2: Workers’ Comp Independent Premium Audits Explained

AMAXX

In this three-part series, we are examining nine elements of independent premium audits to help you better understand and control your workers’ compensation premiums. In the first part, we explored three elements to premium audits on how audits verify payroll accuracy, correct employer classifications, and handle standard exceptions. These foundational aspects are crucial for ensuring accurate premium calculations and avoiding costly mistakes.

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Texas Measles Outbreak Could Become National Epidemic: Public Health Experts

Insurance Journal

With its measles outbreak spreading to two additional states, Texas is on track to becoming the cause of a national epidemic if it doesn’t start vaccinating more people, according to public health experts.

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Ensuing Loss Clauses Are Often Confusing

Property Insurance Coverage Law

Ensuing loss clauses give rise to a lot of coverage debate. They also give rise to a lot of litigation.I was about to write about a recent ensuing loss decision, but that decision cited a Maryland judges discussion of the ensuing loss clause as he wrestled with its meaning. So, I am writing about that … The post Ensuing Loss Clauses Are Often Confusing appeared first on Property Insurance Coverage Law Blog.

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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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Argo Group Promotes CFO Donahue to CEO; Chan Now CFO

Insurance Journal

Specialty insurer Argo Group International Holdings said it has named Chris Donahue as chief executive officer. Donahue joined as chief financial officer in November 2023 the same month Brookfield Reinsurance completed its acquisition of Argo Group.

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Part 1: Workers’ Comp Independent Premium Audits Explained

AMAXX

When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. To ensure fairness and correctness, an independent premium audit is highly recommended. Independent premium auditors, who specialize in complex classification codes and premium calculations, provide objective assessments and typically work on a contingency basis, incentivizing them to maximize potential savings for the employer.

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NHTSA Opens Probe Into Nearly 1.3 Million Ford F-150 Trucks

Insurance Journal

The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up.

Liability 253
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Part 3: Workers’ Comp Independent Premium Audits Explained

AMAXX

In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Throughout this series, we have provided detailed insights into key foundational areassuch as payroll accuracy, employer classification, standard exceptions, and the complexities surrounding general inclusions, general exclusions, and multiple classifications.

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UK Detects First Case of Bird Flu in a Sheep, Fueling Fears of Spread

Insurance Journal

Bird flu has been detected in a sheep in northern England, the first known case of its kind in the world, Britain’s government said, adding to the growing list of mammals infected by the disease and fueling fears of a …

Insurer 243
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THE TOP 5 WAYS TO APPEAL TO PROSPECTS

Rough Notes

Leveraging face-to-face relationships with potential insurance clients When you are giving the rundown of coverage, do so by using examples of incidents that anyone can understand. [R]eal-world scenarios that you can walk a prospect through to explain policies are helpful.

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People Moves: Cushing Named Deputy CUO at Zurich North America

Insurance Journal

Zurich North America appointed Tobias “Toby” Cushing to the newly created role of deputy chief underwriting officer. Cushing previously served as casualty technical director.

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East Africa pirates abandon fishing boat after four days

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post East Africa pirates abandon fishing boat after four days appeared first on Insurance Marine News.

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As Mountain Glaciers Melt, Risk of Catastrophic Flash Floods Rises for Millions

Insurance Journal

In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023.

Risk 239
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Argentine Navy rescues Chilean Antarctic supply vessel

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Argentine Navy rescues Chilean Antarctic supply vessel appeared first on Insurance Marine News.

Marine 104
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AI Chatter Hits Record on European Earnings Calls Across Sectors

Insurance Journal

The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness.

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Join Us at the 2025 Annual NABIP Texas Conference

PSM Brokerage

A Must-Attend Event for Insurance Professionals The Annual NABIP Texas Conference is right around the corner, and if youre in the insurance industry, this is an event you wont want to miss. Hosted by the National Association of Benefits and Insurance Professionals (NABIP) - Texas Chapter , this conference is designed to bring together industry experts, thought leaders, and professionals from across the state for insightful discussions, networking opportunities, and professional development.

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Key Parts of Original Black Sea Grain Deal With Ukraine Were Never Fulfilled: Kremlin

Insurance Journal

Russia and the United States will discuss resuming a deal to ensure the safety of merchant shipping in the Black Sea, the Kremlin said on Monday, noting that what Moscow saw as key parts of an earlier agreement on the …

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Definition of pollution not as obvious as you might think: SMIT

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Definition of pollution not as obvious as you might think: SMIT appeared first on Insurance Marine News.

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Auto Insurer Root to Pay New York $975K Over Data Breach

Insurance Journal

New York Attorney General Letitia James has secured $975,000 in penalties from auto insurance company Root over a data breach that the state says exposed the personal information of about 45,000 New Yorkers.

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Germany confiscates Eventin: reports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Germany confiscates Eventin: reports appeared first on Insurance Marine News.

Marine 66
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Fort Myers City Council Does About-Face, Agrees to Let ICE Train Police on Deports

Insurance Journal

(AP) City officials in Fort Myers, Florida, unanimously agreed to pass a memorandum on Friday allowing local authorities to receive training from U.S. Immigration and Customs Enforcement and assist with deportations.

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Sanctioned VLCCs remain stranded off Bangladesh

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sanctioned VLCCs remain stranded off Bangladesh appeared first on Insurance Marine News.

Marine 52
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Supreme Court Refuses to Revive Youths’ Climate-Change Lawsuit

Insurance Journal

The US Supreme Court refused to reinstate a novel and far-reaching lawsuit filed by young people who sought to force the federal government to take steps against climate change.

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Marine round-up : 25th 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 : 25th March 2025 appeared first on Insurance Marine News.

Marine 52
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Experts: Weather Forecasts Will Worsen as DOGE Cuts Mean Fewer Balloon Launches

Insurance Journal

With massive job cuts, the National Weather Service is eliminating or reducing vital weather balloon launches in eight northern locations, which meteorologists and former agency leaders said will degrade the accuracy of forecasts just as severe weather season kicks in.

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Three employees guilty in South African shipping fraud: reports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Three employees guilty in South African shipping fraud: reports appeared first on Insurance Marine News.

Marine 52
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Connecticut Court Restores Administrative Law Judge’s Discretion in Workers Comp

Insurance Journal

The Connecticut Supreme Court has ruled that an administrative law judge has the discretion to award a workers compensation claimant, after he or she reaches maximum medical improvement, ongoing temporary partial incapacity benefits in lieu of permanent partial disability benefits …