Solstice Insurance Broker
FEBRUARY 10, 2025
Valentines Day is just one of many opportunities to show gratitude to those you care about. As an insurance broker, you have a special opportunity to let your clients know how much their loyalty and business mean to you. By showing appreciation, you not only strengthen your current relationships but also attract new ones. Here are some friendly and effective ways to make your clients feel valued.
Property Insurance Coverage Law
FEBRUARY 8, 2025
Non-compete agreements have long been a source of controversy across many industries, and public adjusting is no exception. Employers often want to protect their business interests, while employees seek the freedom to work in their chosen profession. The recent ruling in Noble Public Adjusting Group, LLC v. Michael Bowman and Bulletproof Public Adjusting Company, LLC … The post Public Adjusters and Non-Compete Agreements: A Losing Battle?
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Insurance Journal
FEBRUARY 11, 2025
California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires.
Prof. Allan Manning
FEBRUARY 10, 2025
I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. That sum insured had not been reviewed for many years and as a result of 100% average, as it was on that policy, the client received only 6.9% of their loss.
Advertiser: Trellis
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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PSM Brokerage
FEBRUARY 12, 2025
Anthem has announced that its Medicare Advantage Dual-Eligible Special Needs Plans (D-SNPs) in Kentucky will be discontinued as of February 28, 2025. This change will impact thousands of beneficiaries who rely on these plans for their healthcare coverage. As an insurance agent, its essential to be proactive, informed, and ready to assist affected clients in finding alternative coverage options.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
FEBRUARY 12, 2025
The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Captains of ships damaging seabed infrastructure should be sanctioned, Polish minister says appeared first on Insurance Marine News.
PSM Brokerage
FEBRUARY 11, 2025
Expand Your Portfolio: Why Every Insurance Agent Should Offer Travel Medical Insurance Help Your Clients Travel with Confidence As an insurance professional, you work hard to ensure your clients are protected from the unexpected but what happens when they leave the country? Most health insurance plans dont cover medical expenses abroad , leaving travelers at risk of huge out-of-pocket costs if they need care while overseas.
Property Insurance Coverage Law
FEBRUARY 11, 2025
Will My Insurer Pay Me 100% of My Contents Claim After a Wildfire Loss? Californias Insurance Commissioner Thinks They Should Without an Inventory Experiencing the loss of your home and personal belongings in a wildfire is an unimaginable hardship. The devastation from a California wildfire property damage event can leave individuals struggling to rebuild their … The post What to Expect after a California Wildfire Property Damage Event appeared first on Property Insurance Coverage Law Blog
Insurance Journal
FEBRUARY 14, 2025
California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier’s financial situation and more.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post One Baltic anchor-drag incident may have also hit a Russian telecom cable appeared first on Insurance Marine News.
PSM Brokerage
FEBRUARY 14, 2025
Introduction: Hiring the right licensed-only agents (LOAs) is a critical step in scaling your agency or call center. Whether you're looking to expand your Medicare, ACA, Life Insurance, or Ancillary product offerings, finding top-tier agents can help you increase sales and streamline operations. However, the hiring process can be time-consuming and complex.
Property Insurance Coverage Law
FEBRUARY 14, 2025
The latest revelations about Allstates use of artificial intelligence (AI) in drafting insurance claims emails should serve as a wake-up call for policyholders, insurance regulators, and insurance industry claims handlers. According to a report from Futurism, Allstate Is Demanding We Delete These Quotes by Its Exec About How It’s Using AI to Write Insurance Emails,1 … The post When Artificial Intelligence Becomes Wrongful Intelligence in Claims Handling appeared first on Property Ins
Insurance Journal
FEBRUARY 13, 2025
Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last month.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post South Africa passes marine pollution law appeared first on Insurance Marine News.
Agency Revolution
FEBRUARY 13, 2025
What does marketing success look like? We asked our insurance agency friends about the marketing strategies they get the best return on investment with. The findings were interesting, to say the least! Of the four marketing strategy categories, Content, Search Engine, Traditional, and Word-of-Mouth marketing, here is how insurance agencies ranked each of these in terms of success.
Property Insurance Coverage Law
FEBRUARY 10, 2025
Imagine a world where breaking the rules carries no real consequences. Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v. State Farm Lloyds 1is yet another example of Texas … The post Bad Faith Insurance Practices Shielded By “Get Out of Jail Free” Late Payments appeared first on Property Insurance Coverage L
Insurance Journal
FEBRUARY 10, 2025
A pilot program in China that allows insurers to buy gold for the first time could free up billions of dollars of investment in the metal, adding further impetus to a record-setting rally. Prices hit a fresh peak.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Insurers concerned at US actions re NOAA appeared first on Insurance Marine News.
AMAXX
FEBRUARY 10, 2025
The Philadelphia Eagles dominant Super Bowl victory over the Kansas City Chiefs wasnt just about skillit was about preparation, execution, and leadership under pressure. The Eagles used their discipline and teamwork to dismantle Kansas Citys offensive line. Their executionwithout even sending a blitzdemonstrated that the right system, when applied effectively, yields game-changing results.
Property Insurance Coverage Law
FEBRUARY 10, 2025
Imagine a world where breaking the rules carries no real consequences. Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v. State Farm Lloyds 1is yet another example of Texas … The post Bad Faith Insurance Practices Shielded By “Get Out of Jail Free” Late Payments appeared first on Property Insurance Coverage L
Insurance Journal
FEBRUARY 14, 2025
iink, a provider of technology to streamline the property damage insurance claims process and support faster payments to contractors, property owners, and claim professionals, is pleased to announce the appointment of Scott Fleszar as its new Chief Executive Officer. Mr.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crew evacuates suezmax in Ust-Luga after explosions in engine room appeared first on Insurance Marine News.
Majesco
FEBRUARY 13, 2025
Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Climate risk is growing, and a greater number of Cat events are threatening people and their property. Unsafe driving, inflation, and auto repair costs are responsible, in part, for rising premiums.
Property Insurance Coverage Law
FEBRUARY 9, 2025
A Shift in Smoke Damage Claims Following Recent Holding California wildfire attorneys are closely analyzing a recent appellate court holding that sets a new precedent for smoke damage claims.1 The decision, stemming from a case involving the Saddle Ridge Fire, clarifies that property owners must demonstrate a distinct, demonstrable, and physical alteration to prove a … The post California Wildfire Attorneys Consider Impact of New Smoke Caselaw appeared first on Property Insurance Coverage
Insurance Journal
FEBRUARY 14, 2025
California Insurance Commissioner Ricardo Lara and a group of state lawmakers are pushing a 10-bill legislative package designed to improve disaster preparedness and help protect wildfire survivors. The bills intended focus are on consumer protection, climate resiliency and market strength.
Insurance Marine News
FEBRUARY 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier grounds in Russias far east appeared first on Insurance Marine News.
Triple-I: Homeowners Insurance
FEBRUARY 13, 2025
Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from the 2006 high of 27th) for personal auto affordability, according to reports by
Property Insurance Coverage Law
FEBRUARY 13, 2025
Can you imagine going through the burned debris of what used to be your business or home, looking for anything that may be left of important sentimental value? Little things of personal property carry immense emotional value to us because they often serve as tangible symbols of our intangible experiences, relationships, and identities. When speaking … The post The Emotional Impact of Recovery from Wildfires appeared first on Property Insurance Coverage Law Blog.
Insurance Journal
FEBRUARY 11, 2025
Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business.
PSM Brokerage
FEBRUARY 10, 2025
Join Us for NABIP Happy Hour Unwind and network with us at NABIP Happy Hour, proudly sponsored by PSM Brokerage! Enjoy great drinks, great company, and great conversations as we connect with industry professionals in a relaxed setting. Whether you're looking to expand your network, share insights, or just enjoy a well-deserved break , this is the perfect opportunity!
LexisNexis
FEBRUARY 13, 2025
Influencers and thought leaders in the legal technology space Legal Tech's Predictions for Emerging Technology in 2025 predict blockchain will affect smart contracts and contract lifecycle management in the corporate law department. This prediction brings exciting opportunities for general counsel and legal operations professionals who manage department efficiencies, productivity and performance.
Property Insurance Coverage Law
FEBRUARY 11, 2025
The conversation around insurance affordability often overlooks one crucial element: long-term structural resilience. The second issue overlooked is short-term cost.Why arent our leaders being honest with these issues? Are they afraid to speak about the elephant-in-the-room issues? While many leaders in the insurance community focus on cost-cutting and short-term fixes, it is essential to recognize … The post Are Leaders Supporting Insurance Affordability and Structural Resilience Honestly
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