Sat.Jan 25, 2025 - Fri.Jan 31, 2025

article thumbnail

Brokers: Keep the Business Coming After Open Enrollment | Solstice

Solstice Insurance Broker

As an insurance broker, open enrollment on the ACA insurance marketplace is likely crucial for your business. You can collaborate with many clients at one time to secure needed coverage. Plus, you can generate significant revenue.

Broker 130
article thumbnail

Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months.

Crime 260
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Accept Your Insurer’s Initial Wildfire Payout?

Property Insurance Coverage Law

Recent wildfires in Southern California are putting new California insurance laws to the test. Insurers conduct and behavior vary wildly, even for people who hold similar policies with the same companies. For policyholders who have suffered total losses of their homes, many are being offered differing amounts of their Dwelling benefits. For example, a homeowner … The post Should You Accept Your Insurers Initial Wildfire Payout?

article thumbnail

The Ultimate Guide for Insurance Agents: How to Build a Profitable Final Expense Business

Final Expense Brokerage

Jan 29, 2024 3:23:31 PM Contact Us Share: Final expense insurance is a niche that offers tremendous potential for agents looking to serve seniors and their families. However, for those just starting outor even those whove been in the game for a whilenavigating the complex world of final expense insurance can feel overwhelming. You may be wondering how to find the right products for your clients, generate high-quality leads, or simply make the process easier.

article thumbnail

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.

article thumbnail

Crafting Compelling Content for Insurance Agency Websites

Neilson Marketing Services

The digital space is crowded, and insurance agencies are vying for attention in an industry where trust and expertise matter most. A well-crafted insurance agency website is an essential tool for building credibility, attracting potential clients, and converting leads. With 90% of companies having a defined content marketing strategy, insurance agencies need compelling, informative, and uniquely positioned content to stand out.

More Trending

article thumbnail

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

Property Insurance Coverage Law

A recent federal court decision favoring Liberty Mutual Insurance Company in a pipe burst claim1 left me thinking about two lessons. First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly. This is especially … The post Beware of a One-Year Deadline to File a LawsuitAlways Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim appeared first on Prop

Claim 205
article thumbnail

Economou’s TMS Group enters leasing deal for newest LNG carrier

Splash: Finance and Insurance

Japans SBI Leasing Services has partnered with Frances BNP Paribas to arrange a leasing agreement with George Economou-led TMS Group for the newly built Athos LNG carrier. The vessel was completed in September last year at Samsung Heavy Industries in South Korea.

Insurer 109
article thumbnail

Please Don’t Compare Whole Life Dividends to Universal Life Interest

The Insurance Pro

The post Please Don’t Compare Whole Life Dividends to Universal Life Interest appeared first on The Insurance Pro Blog. There are a lot of life insurance products out there. When it comes to choosing the right one for you, it can be intimidating when it comes to sifting through all of the options. When looking at options for life insurance that seek to grow cash value, the selection pool does get smaller, but there are still a lot of choices.

article thumbnail

DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days

Insurance Journal

Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by the Chinese artificial-intelligence startup DeepSeek, according to the cybersecurity firms hired to help protect their systems.

article thumbnail

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

article thumbnail

The Science of Windstorm Losses Has Evolved—Why the Leaders of Windstorm Losses Go to the Windstorm Insurance Conference

Property Insurance Coverage Law

In a 2009 post,Are There Going to Be Any Hurricanes in 2009, I made the following comment: While some may suggest that tornado activity is well accepted, I have sat across from Dr. Max Mayfield and debated this topic at a Windstorm Conference. The better the measuring devices are becoming, the better we understand how … The post The Science of Windstorm Losses Has EvolvedWhy the Leaders of Windstorm Losses Go to the Windstorm Insurance Conference appeared first on Property Insurance Covera

article thumbnail

Life Insurance 101 Presentation

PSM Brokerage

Introducing Life Insurance 101: A Turn-Key Presentation for Agents At PSM Brokerage , we know that educating clients about life insurance can sometimes be challenging. Whether you're meeting with individuals, families, or business owners, having a clear, professional, and engaging presentation can make all the difference. Thats why were excited to introduce our newest resource: Life Insurance 101 a turn-key presentation designed to help you explain the value of life insurance with confidence.

article thumbnail

2024 Agency Of The Year

Rough Notes

CONGRATULATIONS, SOUND PACIFIC INSURANCE By Dave Willis, CPIA The votes are in. Past Rough Notes cover agents and brokers have spoken. And we have a winner.

article thumbnail

Judge Extends Ban on Alliant Employees Soliciting Marsh Agency’s Customers

Insurance Journal

A federal judge in Manhattan has extended an order blocking three Alliant Insurance Services employees from soliciting or contacting any current Marsh & McLennan Agency (MMA) clients or using a spreadsheet of MMA clients that MMA alleges they took when …

Insurance 227
article thumbnail

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

Property Insurance Coverage Law

A recent federal court decision favoring Liberty Mutual Insurance Company in a pipe burst claim1 left me thinking about two lessons. First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly. This is especially … The post Beware of a One-Year Deadline to File a LawsuitAlways Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim appeared first on Prop

Claim 180
article thumbnail

Discover the Power of the PSM Brokerage Product Portfolio and Agent Programs

PSM Brokerage

At PSM Brokerage, we are more than just a resource for insurance agentswere your partner in success. With a diverse product portfolio and a suite of powerful agent programs and services, we provide everything you need to grow your business, serve your clients, and reach your goals. Heres how our Product Portfolio and Agent Programs and Services Guide can help you thrive.

Agents 104
article thumbnail

Reforming Your Workers’ Comp Program: Avoiding Common Pitfalls and Taking Action

AMAXX

Revamping a workers compensation (WC) program can transform how companies manage costs and care for injured employees. However, many employers stumble in the early stages, leading to missteps that delay progress or worsen existing issues. Below, we explore common errors and provide actionable steps to begin reforming a workers’ comp program. Avoiding Common Errors 1.

article thumbnail

Insurance Payouts at $4 Billion and Counting for LA Wildfires

Insurance Journal

Preliminary data show insurance companies have paid out more than $4 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 earlier this month.

article thumbnail

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

It was Gasparilla Day in Tampa yesterday. I wrote about this invasion by pirates last year in Is There Coverage For Pirates? Chip Merlin and His Friends Plunder Tampa on Gasparilla Day! where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

article thumbnail

THE RELUCTANT AGENT

Rough Notes

How a Midwest transplant came to lead one of the best agencies in Florida By Dennis H. Pillsbury Integrity: Thats the one word I would use to describe Darren Vermost, says Mary Rivera, office manager of Vermost Insurance Agency, Largo, Florida.

Agents 104
article thumbnail

Step 1: Establish the Vision for Your Work Comp Program

AMAXX

This is where we start. We start with a vision. Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers Comp In 90 Days” Start With Goal of Where You Want to Go We start with a goal of where we want to go. Now, this can be defined typically with senior management or with your clients. If you’re a service provider, broker care, captive manager, et cetera.

article thumbnail

Insurtech Qumis Raises $2.2M to Automate Policy Reviews With AI

Insurance Journal

Qumis, a lawyer-built AI-driven platform designed to transform insurance knowledge work, announced the close of an oversubscribed $2.2 million pre-seed funding round.

Policy 306
article thumbnail

Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference

Property Insurance Coverage Law

I formally started a policyholder law firm 40 years ago today. I mentioned that during my presentation yesterday at the Windstorm Conference while explaining how my perspective has developed. It seems like yesterday, but the world of property insurance claims has changed significantly since 1985. The 2025 Windstorm conference had more of a Texas flare … The post Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference appeared first on Property Insurance Covera

article thumbnail

Insurance Broker Lead Generation: Proven Methods

Tosten Marketing

Insurance broker lead generation is a critical aspect of growing a successful brokerage. At Tosten Marketing, we’ve seen firsthand how effective strategies can transform a broker’s business. In this post, we’ll explore proven methods to attract and convert potential clients. From digital marketing tactics to traditional outreach, we’ll cover a range of approaches that yield results.

article thumbnail

Blog Post: Understanding Benefits of Legal Invoice Review Services

LexisNexis

There is a way to unlock the potential of your corporate legal department with legal invoice review services. In an era where law firms are raising their rates and legal departments are expected to do more with less, legal invoice review services offer a strategic advantage. By integrating human expertise with advanced financial intelligence tools , this service helps scrutinize invoices thoroughly, leading to significant cost savings and enhanced productivity.

52
article thumbnail

Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’

Insurance Journal

By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 — reaching a total of $140 billion — as climate change “is showing its claws,” according to Munich Re.

Insurance 289
article thumbnail

The Science of Windstorm Losses Has Evolved—Why the Leaders of Windstorm Losses Go to the Windstorm Insurance Conference

Property Insurance Coverage Law

In a 2009 post,Are There Going to Be Any Hurricanes in 2009, I made the following comment: While some may suggest that tornado activity is well accepted, I have sat across from Dr. Max Mayfield and debated this topic at a Windstorm Conference. The better the measuring devices are becoming, the better we understand how … The post The Science of Windstorm Losses Has EvolvedWhy the Leaders of Windstorm Losses Go to the Windstorm Insurance Conference appeared first on Property Insurance Covera

article thumbnail

Commissioner Lara moves to protect wildfire survivors from debris removal program insurance costs

American Agents Alliance

This action ensures Los Angeles County debris removal program will not impact insurance benefits owed to policyholders LOS ANGELES As Los Angeles County announced the start of cleanup from the recent devastating wildfires, Insurance Commissioner Ricardo Lara today informed wildfire survivors that the program will not impose out-of-pocket costs on policyholders.

article thumbnail

How Insurance Agencies Can Improve Digital Client Communication

Agency Revolution

Insurance is and always has been an industry that has people at the center of itespecially when it comes to independent insurance agencies. Thats why client communication is as important as ever. Gone are the days of just walking to your insurance agents office. Now, people expect to handle the process of buying, managing, and renewing insurance coverage digitally.

article thumbnail

Merck’s $8 Billion Cancer Vaccine Faces First US Jury Trial

Insurance Journal

Merck & Co. is facing its first jury trial over claims the company wrongfully marketed its lucrative Gardasil cancer vaccine as safe, the latest high-stakes litigation for the pharmaceutical giant.

Claim 287
article thumbnail

Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference

Property Insurance Coverage Law

I formally started a policyholder law firm 40 years ago today. I mentioned that during my presentation yesterday at the Windstorm Conference while explaining how my perspective has developed. It seems like yesterday, but the world of property insurance claims has changed significantly since 1985. The 2025 Windstorm conference had more of a Texas flare … The post Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference appeared first on Property Insurance Covera

article thumbnail

Meet Shawn Gentry: Central’s Loss Control Construction Specialist

Central Insurance

Meet Shawn Gentry, Centrals Loss Control Construction Specialist. His hands-on industry experience helps contractors enhance safety. The post Meet Shawn Gentry: Centrals Loss Control Construction Specialist appeared first on Central Insurance Blog.

Insurance 130
article thumbnail

New, Lower-Cost Home Insurance Product Now Being Offered for New Construction Homes

Wren Insurance Agency

Last month, Florida residents considering new construction just got another reason to purchase a brand new property, built from the ground up. Security First Insurance and Embark MGA, announced a new "HO5" product at the end of 2024 that integrates home insurance quotes into the homebuying and mortgage qualification process for those purchasing new construction.