Sat.Mar 29, 2025 - Fri.Apr 04, 2025

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Consultant Sheds Some Light on Hot-Potato MGA Fee Report at Florida Legislative Hearing

Insurance Journal

A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting.

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Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer Affiliate Profits

Property Insurance Coverage Law

Yesterdays testimony before the Florida House Insurance & Banking Subcommittee ripped the cover off a story thats been brewing for years: the Office of Insurance Regulation (OIR) under David Altmaier had a completed, paid-for, red-flag-waving report about insurer affiliate transactions showing hundreds of millions of hidden profits for the insurance industry and simply chose to … The post Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer

Insured 203
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Shipping and scenario planning

Splash: Finance and Insurance

How can you plan for the future when the present is so uncertain, writes Pierre Aury? Scenario planning involves looking at different scenarios with associated assumptions and events. These scenarios are not forecasts but views of how the future could unfold. These scenarios only need to be plausible.

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CyberLine Quarterly: A Look at Our Innovation, Expansion, and Global Impact

Cowbell

He who is not courageous enough to take risks will accomplish nothing in life. Muhammad Ali. Welcome to this bold new edition of CyberLine Quarterly. Over the past quarter, Cowbell has accelerated innovation, broadened coverage, and deepened its global footprintall while ensuring businesses large and small remain protected from evolving digital threats.

Cyber 64
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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.

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UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds

Insurance Journal

Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.

Insured 228

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Innovative Insurance Agency Marketing Strategies

Tosten Marketing

Insurance agency marketing strategies are evolving rapidly in the digital age. At Tosten Marketing, we’ve seen firsthand how innovative approaches can transform an agency’s growth and client relationships. This blog post explores cutting-edge tactics that blend digital platforms, content marketing, and personalized customer experiences to help insurance agencies thrive in a competitive landscape.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

The global economy is increasingly interconnected, and even in industries like insurance, global issues like supply chain challenges, tariffs, and trade agreements can have significant impacts. While the relationship between tariffs and insurance costs can seem unrelated, tariffs can increase costs for insurers and policyholders. Read more to understand this relationship and how agents can help policyholders manage this uncertainty.

Agents 52
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Generali to Comply With Government’s View on Natixis Deal, CEO Tells Newspaper

Insurance Journal

Italy’s biggest insurer Generali intends to heed advice from the government when Rome starts reviewing a planned asset management tie-up with France’s BPCE, CEO Philippe Donnet said in a newspaper interview on Friday.

Insurance 237
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Is State Farm’s “New Construction” Setting of Xactimate Proper?

Property Insurance Coverage Law

A recent court ruling has provided significant clarity on whether State Farms use of Xactimates “New Construction” labor efficiency setting is legally permissible in property damage estimates. 1 The decision, which favored State Farm, has broad implications for homeowners, contractors, and insurers across the country who rely on Xactimate estimates to determine repair costs after … The post Is State Farms New Construction Setting of Xactimate Proper?

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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

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World Backup Day 2025: More Relevant Than Ever

Cowbell

March 31 marks World Backup Day, which serves as an opportunity to revisit something often overlooked in our busy daily lives: whether our data is actually safe. Its a simple question, but in an age where digital information underpins almost every aspect of our lives and businesses, the answer can be the difference between a quick recovery and a major disruption.

Cyber 52
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Optimizing Insurance Agency Growth

PSM Brokerage

Exploring Business Models that Work As an independent insurance agent, reaching individual success is an exciting milestonebut it often comes with a new set of challenges. Youve built a solid book of business, your client retention is strong, and new leads keep coming in. But instead of feeling in control, you feel maxed out. The days are longer, the workload heavier, and the idea of growing your business starts to feel like a burden rather than an opportunity.

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MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand

Insurance Journal

MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval. Leading the branch office is Matt Botfield who has been named head of Australia and New Zealand.

Insured 221
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How To Lose a Causation Case: Special Rules in Texas

Property Insurance Coverage Law

When policyholders file an insurance claim, they expect their insurer to pay losses. Most policyholders have never read their policy nor would appreciate what it even means with nuanced coverage causation rules applying that vary from state to state. A recent case brought to my attention by attorney Steve Badger involving homeowner Ebony Mitchell and … The post How To Lose a Causation Case: Special Rules in Texas appeared first on Property Insurance Coverage Law Blog.

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What is Form 5500 and How Does It Impact Insurance Prospecting?

Zywave

If youve been around the insurance industry, youve likely heard your share of specific terms. One of the terms you might have heard is Form 5500. It can come up in prospecting process discussions, often with little context attached. What is this form and how does it tie into new business processes? Were here to unravel the mystery. What Is Form 5500?

Insured 52
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Tax Season Spotlight: Word & Brown Offers Smart Ways Your Clients Can Save Money – on Taxes and Elsewhere, Too

Word & Brown

Its nearly everyones least favorite time of year: tax season. But, working with Word & Brown, you have access to a broad range of plans, products, and services that offer potential tax and other savings to your individual and group insurance clients. Individual Health Insurance Tax Deductibility If you offer individual health insurance to your clients, they may be able to include their health insurance premiums in their medical expense calculation on their taxes.

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California OKs Increase in FAIR Plan Commercial Property Coverage Limits

Insurance Journal

California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits.

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Is State Farm’s “New Construction” Setting of Xactimate Proper?

Property Insurance Coverage Law

A recent court ruling has provided significant clarity on whether State Farms use of Xactimates “New Construction” labor efficiency setting is legally permissible in property damage estimates. 1 The decision, which favored State Farm, has broad implications for homeowners, contractors, and insurers across the country who rely on Xactimate estimates to determine repair costs after … The post Is State Farms New Construction Setting of Xactimate Proper?

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Falling Into Purpose: How Women Are Redefining Success in Insurance

Relation

At Relation Insurance, we’re proud to champion women across our organization through ElevateHera movement focused on mentorship, professional development, and amplifying female voices in an industry that hasnt always left the door wide open. What started as a handful of stories has become a powerful narrative of resilience, transformation, and community.

Insured 52
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INSURANCE FOR YOUR NJ WEDDING

Boyle Agency Insurance

Did You Know There Was Wedding Insurance? Planning a wedding? That should be an occasion for celebration and happiness. You want to be sure the event is perfect in every way. Bogle Agency Insurance offers Wedding Insurance to help you avoid the possibility of a disaster that can ruin the day. We serve NJ policyholders in Bergen County where we are located, and greater New Jersey.

Insured 52
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Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers

Insurance Journal

The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts in a continuation of the favorable market conditions seen in January, according to reports published by Aon and Gallagher Re.

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Pacemakers and Life Insurance: What You Need to Know

RiskQuoter

If youve had a pacemaker implanted, getting life insurance might feel complicated. The truth? Many people qualify even with heart conditions. This guide explains how insurance companies evaluate pacemakers, what questions youll need to answer, and how to get the best possible offer. The post Pacemakers and Life Insurance: What You Need to Know appeared first on RiskQuoter.com.

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What is a PEO? Helping Your Client Understand Professional Employer Organizations

Word & Brown

Whether youre just starting out or have years of experience in the industry, staying competitive means staying informed. One area gaining serious traction in recent years? Professional Employer Organizations, or PEOs. These co-employment solutions are no longer nichetheyre now a go-to option for small and mid-sized businesses looking to simplify operations, reduce costs, and offer competitive benefits without the overhead.

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How a Cyber Attack Could Show Up in Your Snail Mail

ProWriters

When you think about the constantly evolving nature of cyber attacks , you may think about threat actors using AI to find and exploit new vulnerabilities in software and networks. Yet one recent cyber threat takes advantage of peoples trust in the post office. Hackers are using snail mail to spread malware. This strategy is especially devious because it targets victims at their physical mailboxone of the last places theyre expecting to encounter cyber threats.

Cyber 52
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Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill

Insurance Journal

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship.

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How Rent Guarantee & Home Emergency Insurance Can Save Landlords Money

Protect Commercial Insurance

Introduction For UK landlords, maintaining and managing rental properties can be both rewarding and challenging. With unpredictable situations that can arise at any time, having a robust plan to safeguard your investment is paramount. Two insurance options that often get overlooked but can make a significant financial difference are rent guarantee insurance and home emergency insurance.

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New Commercial Insurance: A Key Component in Michigan Warehouse Operations

Shield Insurance Agency

Running a warehouse in Michigan involves managing a variety of risks, from property damage to employee injuries. Commercial insurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. Shield Insurance Agency is here to help you understand the importance of commercial insurance in your warehouse operations.

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Contractor Insurance is Essential for Home Improvements

Boyle Agency Insurance

Imagine a scenario where a contractor accidentally damages your property or a worker gets injured while working on your home. Without proper insurance, you could be held liable. When hiring contractors for home projects, ensuring they have proper insurance coverage is crucial. Let’s explore why verifying contractor insurance matters and how it shields your property during renovations or repairs.

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Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal?

Insurance Journal

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s financial industry billions of pounds in fresh legal costs and potential customer compensation.

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Jon Held Moves From CEO Role

Property Insurance Coverage Law

Jon Held is moving to a new role in his company. It is not a full retirement, but we all get the picture. He stated: After 40 years as CEO of J.S. Held LLC, I am proud to announce that I will be transitioning to a new role with the company as Executive Chairman of … The post Jon Held Moves From CEO Role appeared first on Property Insurance Coverage Law Blog.

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CMA CGM sues Houston bunker supplier for $5m

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post CMA CGM sues Houston bunker supplier for $5m appeared first on Insurance Marine News.

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Blog Post: Additional Considerations for Legal Tech Trends in 2025

LexisNexis

By Madison Johnson | LexisNexis 2024 was the year of experiments and pilots with legal tech. As we look ahead, 2025 is shaping up to be the year where use cases are actioned and AI goes mainstream. To help make sense of it all, we asked seven legal experts in our network for their thoughts on legal tech trends this year ( download the full publication here ).

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SC Bill Moves to House, Would Lower Liquor Liability Coverage, End Joint-and-Several

Insurance Journal

The fate of a bill that would modify South Carolina’s joint-and-several liability law now rests with the state House of Representatives after the state Senate last week approved the measure following weeks of heated debate.

Liability 147