Sat.Feb 22, 2025 - Fri.Feb 28, 2025

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Fighting for Policyholder Rights: Florida Bad Faith Law

Property Insurance Coverage Law

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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Home of CEO of SAIF in Oregon Shot at, No Injuries Reported

Insurance Journal

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.

Injury 289
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Jackson v. Spinnaker: Court Rules a Thorough Investigation is Just Good Business, Not Bad Faith

The Property Insurance Law Observer

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
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Indian court orders release of vessel detained for a year on smuggling charges

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Indian court orders release of vessel detained for a year on smuggling charges appeared first on Insurance Marine News.

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Streamline Insurance Claims Management By Analyzing Legal Trends

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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State Farm’s Water Protocol

Property Insurance Coverage Law

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.

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Frontline seals four-ship refinancing

Splash: Finance and Insurance

John Fredriksens Frontline has secured a fresh refinancing deal for four of its vessels.

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New rules in Brazil on ballast water are reinstated by court

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New rules in Brazil on ballast water are reinstated by court appeared first on Insurance Marine News.

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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

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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Florida OIR Wants More Data, Warns Insurers about Concurrent Causation Denials

Insurance Journal

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.

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Carisbrooke seals $27m newbuild financing

Splash: Finance and Insurance

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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NorthStandard says it “remains on course” after year of headwinds for marine insurers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NorthStandard says it remains on course after year of headwinds for marine insurers appeared first on Insurance Marine News.

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Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

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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Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies

Insurance Journal

Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurance companies.

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JP Morgan Asset Management buys out Oaktree’s stake in OSM Thome

Splash: Finance and Insurance

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.

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IMO working group fails to finalize emissions pricing scheme ahead of MEPC 83

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post IMO working group fails to finalize emissions pricing scheme ahead of MEPC 83 appeared first on Insurance Marine News.

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Fighting for Policyholder Rights: Florida Bad Faith Law

Property Insurance Coverage Law

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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Maryland Woman Got $58K from USAA on Fake Water Claim. So She Tried Again.

Insurance Journal

A Maryland woman pleaded guilty to defrauding USAA Insurance out of more than $58,000 in water damage claims by using faked invoices and photos.

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Does Commercial Property Insurance Cover Water Damage?

Tosten Marketing

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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Agreement in US dockworker dispute ratified by workers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Agreement in US dockworker dispute ratified by workers appeared first on Insurance Marine News.

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Insuring Unmarried Couples—Is There Coverage?

Property Insurance Coverage Law

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?

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3 Emerging Risks to Watch: Social Inflation, Electric Trucks, Virtual Currencies

Insurance Journal

The business environment is constantly evolving, with each new development and innovation offering a unique variety of potential risks and rewards.

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Evidence-Based Medicine (EBM) in Workers’ Comp: A Case Study on Partial Rotator Cuff Tear

AMAXX

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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Sabotage attempt on German Navy vessel?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sabotage attempt on German Navy vessel? appeared first on Insurance Marine News.

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Florida Insurance Regulators Demand Fair Treatment for Policyholders

Property Insurance Coverage Law

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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Supreme Court Signals Backing for Straight Woman’s Bias Suit

Insurance Journal

The US Supreme Court signaled it will revive a job-bias lawsuit by a straight woman and make it easier in some parts of the country for members of so-called “majority groups” to get to a jury with discrimination claims.

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Blog Post: Legal Software as a Service For Law Department Efficiency

LexisNexis

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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West P&I reports positive renewal after “strong member backing”

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post West P&I reports positive renewal after strong member backing appeared first on Insurance Marine News.

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Secret Report Proves Florida Insurance Executives Wrongful Self-Dealing

Property Insurance Coverage Law

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

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US Will Spend Up to $1 Billion to Combat Bird Flu, USDA Says

Insurance Journal

The U.S. will invest up to $1 billion to combat the spread of bird flu, as well as increase imports of eggs in an effort to drive down high prices, agriculture secretary Brooke Rollins said on Wednesday.

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What is a Loss History Report?

TGS

TGS Insurance Blog Imagine youve found your dream home. The price is right, the neighborhood is perfect, and everything looks great on the surface. But what if theres more to the story? What if that charming house has a history of costly water damage, roof issues, or even fire damage? This is where a loss history report comes inits like a propertys report card for past insurance claims.

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Gard reports “good renewal’, upgraded customer portal

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard reports good renewal, upgraded customer portal appeared first on Insurance Marine News.

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Insuring Unmarried Couples—Is There Coverage?

Property Insurance Coverage Law

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?

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Woman Pleads Guilty to Federal Charge in Plot to Sell Elvis’ Graceland Home

Insurance Journal

A Missouri woman pleaded guilty Tuesday to a federal charge accusing her of concocting a brazen plot to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale.