Property Insurance Coverage Law

JANUARY 18, 2025

Millions of Americans have faced an escalating crisis with their homeowners insurance. Premiums have soared, and coverage options have dwindled, leaving countless families vulnerable to financial ruin. The recent Dr. Phil Primetime episode, The Shocking Truth Behind Rising Insurance Rates, exposed the systemic issues driving this crisis, highlighting personal stories of loss and struggle.

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Policyholder Premium Property Insurance Insurer 279

Insurance Journal

JANUARY 22, 2025

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S.

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Insurer Insurance Insured Casualty Insurance 277

The Property Insurance Law Observer

JANUARY 23, 2025

In the recent decision Marquez v. Clear Blue Specialty Insurance Company , No. 6:23-cv-2025-ACC-DCI, 2024 U.S. Dist. LEXIS 219390 (M.D. Fla. Dec. 4, 2024), the U.S. District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss.

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Damage Insurer Insurance Insured 130

Solstice Insurance Broker

JANUARY 23, 2025

Annual open enrollment (AEP) is here. It's that whirlwind period when individuals and families evaluate their healthcare options. It is a task that often feels like traversing a maze. As an insurance broker, you can be the compass your clients need. You can guide them through the healthcare marketplace with expertise and a personalized touch. So, let's dive deeper and explore how you can make this journey not just manageable, but successful.

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Broker Out-Of-Pocket Insurance Broker Deductible 100

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

JANUARY 22, 2025

I am snowed in after taking the deposition of a 1099 temporary claims adjuster in South Carolina. Much of his testimony has me thinking about the plight of the modern independent claims adjuster doing catastrophe work. During his deposition, the independent catastrophe adjuster said he had asked to have his claims load reduced. Management did … The post Are Catastrophe Claims Adjusters Being Overworked, Provided Too Many Losses to Properly Handle, Provided Wrong Directions to Adjust Losses

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Claim Property Insurance Insurer Insurance 203

AMAXX

JANUARY 21, 2025

In the complex world of workers’ compensation, achieving optimal outcomes for injured workers requires a blend of precision, consistency, and empathy. One of the most effective tools in this endeavor is the use of Injury Duration Guidelines. These guidelines, rooted in evidence-based medicine and industry standards, are essential for ensuring fair, efficient, and transparent processes for all stakeholders.

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Workers Comp Injury Workers Compensation Compensation 98

Frankenmuth Insurance

JANUARY 23, 2025

Workplace safety helps protect employees, profits, and operations. Thats why it should always be top of mind. Start following these five workplace safety tips now. Develop a safety plan. A well-defined safety plan lays the foundation for a secure workplace. Start by assessing potential hazards in each department and outlining safety measures tailored to specific roles and risks.

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Risk Agents Injury Insurance Agents 90

Property Insurance Coverage Law

JANUARY 23, 2025

When navigating contested property insurance claims, insured parties may receive a request from their insurer for an Examination Under Oath (EUO). An examination under oath is exactly what it sounds like. It is a formal proceeding, not unlike a deposition, where an insured is required to answer questions under oath about their insurance claim. The … The post Examinations Under Oath in New York Property Insurance Claims appeared first on Property Insurance Coverage Law Blog.

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Property Insurance Insurance Claim Claim Insurer 203

Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

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Insurer Insurance Insured Policy 237

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

LexisNexis

JANUARY 23, 2025

In-house legal professionals are entering 2025 with an expectation that the year will bring challenges they can anticipate, as well as a host of headaches that are unexpected right now. They are considering strategy involving not only technology-enabled business trends to manage, but also a new president taking office for the next four years. The start of any administration in Washington means regulatory change as the incoming team tries to enact the new presidents agenda, reported Legal Dive.

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Risk Protection Liability Policy 97

Splash: Finance and Insurance

JANUARY 22, 2025

Omans state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering.

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Insurer Insured Insurance 111

Property Insurance Coverage Law

JANUARY 19, 2025

I always try to keep an open mind when I am told something and I do not think it is right based on experience. Two public adjusters sent me articles saying California is a valued policy law state.California is not a valued policy law state. California has a valued policy law for valued policies. The … The post California is Not a Valued Policy Law StateCalifornia Has a Valued Policy Law for Valued Policies appeared first on Property Insurance Coverage Law Blog.

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Policy Property Insurance Insurer Insurance 202

Insurance Journal

JANUARY 20, 2025

The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals,” in consumer products, with exemptions for essential industrial uses, the EU’s environment chief told Reuters.

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Liability 244

Relation

JANUARY 22, 2025

As a vineyard owner, safeguarding your crops against unforeseen events is crucial. The Federal Crop Insurance deadline is fast approaching on January 31, with coverage commencing on February 1. This insurance is essential for protecting your vineyard from potential losses due to natural disasters, pests, or diseases. What’s new in Crop Insurance for 2025: Enhanced […] The post Protect Your Vineyard: Federal Crop Insurance Deadline appeared first on Relation Insurance.

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Protection Insurer Insurance Insured 98

Splash: Finance and Insurance

JANUARY 22, 2025

Norwegian OSV owner and operator Havila Shipping is disputing allegations of default that have been made by three different banks. As part of Havila’s restructuring deal, three banks and bondholders had planned to have their debt settled by the end of 2024.

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Insurer Insured Insurance 104

Property Insurance Coverage Law

JANUARY 24, 2025

Journalist Jack Healy of the New York Times wrote an article,Their Homes Are Intact, but the Fire Damage Inside Is Unbearable. Healy accompanied wildfire victims back to their homes after the event. In one case, he noted the following: As soon as an evacuation order was lifted in her neighborhood, Arlynn Page raced back to … The post California Smoke Soot and Ash ClaimsA Cause for Concern appeared first on Property Insurance Coverage Law Blog.

Claim 203

Claim Property Insurance Damage Insurer 203

Insurance Journal

JANUARY 24, 2025

The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch Ratings commentary.

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Insurer Insurance Insured 236

The Insurance Pro

JANUARY 19, 2025

Life insurance loans, particularly from whole or universal life policies, offer a flexible solution for cash flow fluctuations. The process involves checking available cash value, determining the loan amount, requesting the loan, and repaying it without a fixed schedule or penalties. Interest rates vary by policy and insurer, and loan terms are generally straightforward.

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Life Insurance Policy Insurer Insurance 98

Relation

JANUARY 22, 2025

As a vineyard owner, safeguarding your crops against unforeseen events is crucial. The Federal Crop Insurance deadline is fast approaching on January 31, with coverage commencing on February 1. This insurance is essential for protecting your vineyard from potential losses due to natural disasters, pests, or diseases. What’s new in Crop Insurance for 2025: Enhanced […] The post Protect Your Vineyard: Federal Crop Insurance Deadline Approaching appeared first on Relation Insurance.

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Protection Insurer Insurance Insured 98

Property Insurance Coverage Law

JANUARY 22, 2025

I am snowed in after taking the deposition of a 1099 temporary claims adjuster in South Carolina. Much of his testimony has me thinking about the plight of the modern independent claims adjuster doing catastrophe work. During his deposition, the independent catastrophe adjuster said he had asked to have his claims load reduced. Management did … The post Are Catastrophe Claims Adjusters Being Overworked, Provided Too Many Losses to Properly Handle, Provided Wrong Directions to Adjust Losses

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Claim Property Insurance Insurer Insurance 188

Insurance Journal

JANUARY 21, 2025

Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset manager amid a deal wave in the industry.

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Insurer Insured Insurance 246

The Insurance Pro

JANUARY 22, 2025

There are so many questions about what taxes one must pay on life insurance proceeds. But one that we get a lot is, do you pay taxes on life insurance payout? The subject can be a bit intimidating for a lot of people so we decided to put together a quick reference guide on how. Keep Reading The post Do You Pay Taxes on Life Insurance Payout? appeared first on The Insurance Pro Blog.

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Life Insurance Insurer Insurance Insured 97

AMAXX

JANUARY 20, 2025

In the intricate landscape of workers’ compensation, the pursuit of optimal outcomes for injured workers is paramount. Employers, insurers, and healthcare providers face a delicate balance: ensuring injured workers receive appropriate care while effectively managing costs and promoting timely return-to-work. Evidence-based medicine (EBM) has emerged as a cornerstone in addressing this challenge, offering a framework that emphasizes treatments backed by robust clinical research and outcomes

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Workers Compensation Compensation Workers Comp Injury 98

PSM Brokerage

JANUARY 24, 2025

Are you an insurance agent scrolling through endless forums and blog posts, looking for ways to level up your Medicare Advantage sales game? Good newsyouve struck gold! This isnt just another boring sales pitch; its a roadmap to making your commissions soar while keeping your clients happy. Medicare Advantage Sales: The Golden Goose of Insurance Imagine getting paid not just once but every single year your client stays on a plan.

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Policy Building Agents Insurance Agents 93

Insurance Journal

JANUARY 20, 2025

Four of Canada’s biggest banks are leaving the industry’s top climate-finance alliance, joining Wall Street peers and extending an exodus that started in early December.

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Wren Insurance Agency

JANUARY 22, 2025

The California wildfires have been devastating. So far more than 12,000 homes and businesses have been destroyed, dozens of people have lost their lives and tens of thousands of acres continue to burn. It's hard to imagine the enormous impact this tragic event will have on the state's insurance industry. Some are estimating the event to cost California carriers more than $40 Billion… and the fires continue to rage on.

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Home Insurance Insurer Insurance Insured 65

Tosten Marketing

JANUARY 20, 2025

Social media lead generation has become a game-changer for businesses looking to expand their customer base. At Tosten Marketing, we’ve seen firsthand how effective strategies can transform social platforms into powerful lead-generating machines. In this post, we’ll share proven tactics to help you harness the full potential of social media for attracting and converting high-quality leads.

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Building Insurance Agency Insurance Insured 52

PSM Brokerage

JANUARY 23, 2025

When discussing Medicare supplement sales , its easy to see the glass as half-empty if youre focused on percentages. Historically, Medicare supplement plans have consistently made up about 20% of the Medicare market. At first glance, that flat percentage might appear uninspiring, but a deeper dive into the numbers reveals a compelling story of growth, opportunity, and cross-selling potential.

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Out-Of-Pocket Agents Life Insurance Policy 77

Insurance Journal

JANUARY 20, 2025

The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it was completed.

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Insurer Insurance Insured 246

Triple-I: Homeowners Insurance

JANUARY 20, 2025

By Lewis Nibbelin, Contributing Writer, Triple-I Maintaining human centricity in an increasingly digitized world was a focus of discussion for many participants at Triple-Is 2024 Joint Industry Forum (JIF) particularly during the Fireside Chat, featuring Katherine Horowitz, executive vice president and head of business units for The Institutes, and Casey Kempton, president of personal lines at Nationwide.

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Insurer Insurance Insured Insurance Carrier 59

LexisNexis

JANUARY 21, 2025

Behind every good law department is an equally good legal operations team, but what critical roles do they play? These silent partners to the legal team provide a plethora of roles and responsibilities, the most of which is to ensure that the legal department runs without a hitch. While this is not always possible, because hitches happen, becoming acquainted with the legal operations team structure, whos on the team, and what they do makes for greater collaboration.

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American Senior Benefits

JANUARY 21, 2025

Greg Gelineau, CLTC ~Executive Vice President at American Senior Benefits/Integrity Marketing Group~ Top 1% LinkedIn voice /Coach and Business Consultant. #IndustryExpert/#LeadershipExpert/ SUBSCRIBE TO MY NEWSLETTER & FOLLOW ME January 12, 2025 This reflection beautifully highlights the critical role self-discipline plays in achieving success, whether in business, leadership, or personal pursuits.

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Building 52