Property Insurance Coverage Law

FEBRUARY 28, 2025

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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Policyholder Property Insurance Damage Insurance Companies 163

Insurance Journal

FEBRUARY 23, 2025

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices.

Insurance Carrier 290

Insurance Carrier Insurer Insured Insurance 290

The Property Insurance Law Observer

FEBRUARY 25, 2025

In Jackson v. Spinnaker Insurance Company , the United States District Court for the Western District of Pennsylvania considered a homeowners insurance coverage dispute, ultimately finding that questions of residency and alleged fraudulent misrepresentations precluded summary judgment. However, the court granted summary judgment in favor of the insurer on the bad faith claim, emphasizing that a thorough investigation into a questionable claim does not amount to bad faith Background Spinnaker Ins

Claim 130

Claim Policy Damage Insurance Companies 130

Central Insurance

FEBRUARY 24, 2025

The transportation industry runs on reliability. The consequences can ripple far beyond a single shipment when cargo is lost, damaged, or delayed. Without proper coverage, businesses risk financial loss, reputational damage, and loss of key contracts, which can all be detrimental. This article will explore key insights from Jason McConkey, Director of Transportation Underwriting at […] The post Cargo Insurance: The Five Policies You Need to Protect Your Fleet appeared first on Central Insu

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Protection Policy Financial Loss Damage 208

Advertiser: Trellis

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.

Property Insurance Coverage Law

FEBRUARY 27, 2025

State Farm met with California Insurance Commissioner Lara yesterday about an emergency meeting regarding its rates following the Los Angeles wildfires. Meanwhile, State Farm has been busy suppressing the methods it uses to adjust water loss claims in Tong v. State Farm General Insurance Company. This case continues to shed light on State Farms handling … The post State Farms Water Protocol appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Claim Insurance Companies Insurer 203

Majesco

FEBRUARY 27, 2025

When the InsurTech experiment began a decade ago, it took some time for insurers, investors, and the industry to sort it all out. What was the perceived value of a particular technology? Was it a ‘whizbangy’ feature or a meaningful paradigm changer? Was its value directly tied to a business case? What would be its long-term competitive impact once the dust had settled and everyone was using it?

Insurance Industry 74

Insurance Industry Insurer Insured Insurance 74

AMAXX

FEBRUARY 25, 2025

Once employers and adjusters understand the value of evidence-based medicine (EBM) in workers’ compensation claims, the next challenge is applying it effectively. EBM helps ensure that medical treatments align with standardized recovery timelines, reducing unnecessary disability durations and claim costs. This article explores a real-world example of how EBM can be utilized to drive optimal claim outcomes.

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Workers Comp Injury Workers Compensation Claim 80

Property Insurance Coverage Law

FEBRUARY 25, 2025

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property?

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Personal Property Policy Policyholder Property Insurance 178

Insurance Journal

FEBRUARY 27, 2025

Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. Terms were not disclosed.

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Insurer Insured Insurance Agents 225

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

Claim

Splash: Finance and Insurance

FEBRUARY 27, 2025

UK owner Carisbrooke Shipping has secured financing for its newbuilding programme in the Netherlands. Germany’s KfW IPEX-Bank is backing the construction of two 7,700 dwt general cargo vessels at Thecla Bodewes Shipyards with around 26m ($27.3m).

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Insured Insurer Insurance 79

LexisNexis

FEBRUARY 28, 2025

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.

Workers Compensation 73

Workers Compensation Compensation Claim Injury 73

Property Insurance Coverage Law

FEBRUARY 25, 2025

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property?

Personal Property 164

Personal Property Policy Policyholder Property Insurance 164

Insurance Journal

FEBRUARY 28, 2025

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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Underwriting Underwriter Liability Agents 237

Splash: Finance and Insurance

FEBRUARY 23, 2025

Oaktree Capital Management is cashing out of shipmanagement giant OSM Thome, with investors linked to JP Morgan Asset Managements Global Transportation Group coming onboard in its place.

Insured 74

Insured Insurer Insurance 74

AMAXX

FEBRUARY 24, 2025

Nurse case managers (NCMs) coordinate medical care and determine the extent of disability. However, there are times when the NCM doesn’t serve a specific purpose and is assigned to the claim to get it moving. At times, NCMs are used to do some of the tasks adjusters are supposed to do. Your job is to clarify when nurse case management is warranted and useful.

Workers Compensation 66

Workers Compensation Workers Comp Compensation Claim 66

Property Insurance Coverage Law

FEBRUARY 22, 2025

As Florida residents, we know that hurricane season can be relentless. But what happens when two hurricanes strike in the same season? How do insurance claims work when your home has already been damaged once? A recent Florida Office of Insurance Regulation (OIR) Bulletin clarifies how insurers must handle claims for multiple hurricanes. If youre … The post Florida Insurance Regulators Demand Fair Treatment for Policyholders appeared first on Property Insurance Coverage Law Blog.

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Policyholder Property Insurance Damage Insurance Claim 159

Insurance Journal

FEBRUARY 26, 2025

NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory approval.

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Agents Insurer Insured Insurance 189

Tosten Marketing

FEBRUARY 27, 2025

Water damage can wreak havoc on commercial properties, leading to costly repairs and business disruptions. At Tosten Marketing, we often hear from business owners wondering about their insurance coverage for such incidents. Commercial property insurance water damage coverage is a complex topic with many nuances. This blog post will explore what types of water damage are typically covered, common exclusions, and additional coverage options to consider for comprehensive protection.

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Commercial Property Property Insurance Damage Commercial 52

AMAXX

FEBRUARY 24, 2025

Evidence-Based Medicine (EBM) plays a critical role in workers compensation, guiding both medical professionals and non-medical stakeholders in making informed decisions about injury treatment, recovery time, and return-to-work strategies. Over the past few decades, EBM has evolved significantly, moving from anecdotal observations to a structured approach supported by sophisticated analytics and peer-reviewed research.

Workers Compensation 66

Workers Compensation Compensation Workers Comp Injury 66

Property Insurance Coverage Law

FEBRUARY 24, 2025

Cohabitation among unmarried couples is not novel. A 2019 study indicated that the share of adults who are living with an unmarried partner is 7%. 1 Insuring property for unmarried couples is not so easy in many states. A recent Michigan case found that the unmarried woman did not qualify as an insured under a … The post Insuring Unmarried CouplesIs There Coverage?

Property Insurance 182

Property Insurance Insurer Insured Insurance 182

Insurance Journal

FEBRUARY 27, 2025

This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here.

Commercial Property 204

Commercial Property Commercial Marine Insurer 204

PSM Brokerage

FEBRUARY 28, 2025

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.

Agents 75

Agents 75

Zywave

FEBRUARY 25, 2025

Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave. Insurance is often regarded as a necessary evil by consumers a boring grudge purchase to protect themselves against an unfortunate event that may never happen. And many consumers suspect that the insurance company has plucked numbers out of the air to price a policy, with rates seeming to fluctuate arbitrarily.

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Insurer Insured Insurance Broker 52

Property Insurance Coverage Law

FEBRUARY 28, 2025

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.

Policyholder 149

Policyholder Property Insurance Damage Insurance Companies 149

Insurance Journal

FEBRUARY 28, 2025

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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Risk Insurance Claim Property Insurance Claim 162

LexisNexis

FEBRUARY 25, 2025

Managing external counsel in the legal department comes with various challenges. The primary challenge is rising hourly rates in all practice areas and geographies. Other challenges managing external counsel may arise in performance evaluations and the quality and length of legal services to close a matter. One way managing external counsel benefits the legal department is to set a standardized benchmarking program to track and measure external counsel performance against variables.

License 52

License Building Protection Risk 52

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Unlike Medicare Advantage, which offers an annual enrollment period under federal regulations, Medicare Supplement plans are state-regulated, meaning there is no nationwide equivalent for annual plan changes.

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Underwriting Underwriter Policyholder Premium 52

Property Insurance Coverage Law

FEBRUARY 23, 2025

Investigative reporter Lawrence Mower deserves some type of award and thanks. His work has unveiled a deeply concerning pattern within Florida’s insurance industry, noted in the story: Secret Study Found Florida Insurers Sent Billions to Affiliates While Crying Poor. While insurers have publicly lamented their financial hardships, Mower’s findings reveal that these companies have been … The post Secret Report Proves Florida Insurance Executives Wrongful Self-Dealing appeared fi

Property Insurance 100

Property Insurance Insurer Insurance Industry Insured 100

Insurance Journal

FEBRUARY 25, 2025

Various media outlets have reported shots were fired into the home of the head of Oregon worker’s compensation insurer SAIF Corp. The outlets are reporting that the early-morning Feb.

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Injury Compensation Workers Compensation Insurer 289

LexisNexis

FEBRUARY 27, 2025

Software-as-a-Service (SaaS) is a cloud-based service where instead of downloading software on your desktop PC or business network to run and update, you instead access an application via an internet browser. Legal Software as a Service applications could be anything from law department software, like an enterprise legal management platform, to unified communications among a wide range of business apps that are available.

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Protection Cyber 52

Rough Notes

FEBRUARY 28, 2025

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

Insurance Agency 59

Insurance Agency Insurer Insured Insurance 59

Property Insurance Coverage Law

FEBRUARY 24, 2025

Cohabitation among unmarried couples is not novel. A 2019 study indicated that the share of adults who are living with an unmarried partner is 7%. 1 Insuring property for unmarried couples is not so easy in many states. A recent Michigan case found that the unmarried woman did not qualify as an insured under a … The post Insuring Unmarried CouplesIs There Coverage?

Property Insurance 100

Property Insurance Insurer Insured Insurance 100