Property Insurance Coverage Law

AUGUST 19, 2024

A local investigative news article written by Kate Cimini of the … The post Let’s Get Tough on Drunk Driving but Not Have Any Penalties For the Drunk Driver: Making It Difficult For Policyholders To Collect On Debts Owed By Delaying and Underpaying Insurance Companies appeared first on Property Insurance Coverage Law Blog.

Policyholder 135

Policyholder Insurance Companies Property Insurance Insurance Industry 135

Simply Insurance

JULY 29, 2024

Steadily tops the list of our best landlord insurance companies because their digital-first product offers fast and convenient online quotes in minutes at an affordable price.

Insurance Companies 40

Insurance Companies Insurance Insurer Insured 40

Simply Insurance

JULY 26, 2024

Ethos comes out on top as one of the best life insurance companies in America due to their range of coverage options and super fast approvals.

Life Insurance 40

Life Insurance Insurance Companies Insurance Insurer 40

Insurance Journal

OCTOBER 2, 2024

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Insurance Company of Flemington. AM Best said the negative outlooks …

Insurance Companies 264

Insurance Companies Insurance Insurer Insured 264

Insurance Journal

SEPTEMBER 17, 2024

Hawaii Employers’ Mutual Insurance Company Inc. The company credits HEMIC’s steady growth and policyholder … is giving policyholders the largest dividend in the workers’ compensation carrier’s history.

Policyholder 262

Policyholder Compensation Insurance Companies Insured 262

QuickQuote

JULY 29, 2023

Since life insurance companies pay out multiple claims per year, you may wonder how life insurance companies make money if claims sometimes eclipse the amount earned in premiums. The answer is that life insurance company profitability is based on more than just the amount it earns in premiums.

Life Insurance 40

Life Insurance Insurance Companies Premium Insurance 40

The Insurance Pro

MARCH 26, 2023

Life insurance companies have emerged as experts in this field, utilizing their vast resources and expertise to create well-diversified investment portfolios that deliver long-term value to policyholders. In this article, we will explore the factors that contribute.

Life Insurance 52

Life Insurance Insurance Companies Policyholder Insurance 52

Insurance Journal

SEPTEMBER 4, 2024

AM Best has downgraded the Financial Strength Rating to A-(Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of IMT Insurance Company and its affiliate, Wadena Insurance Company. These companies are domiciled in …

Insurance Companies 264

Insurance Companies Insurance Insurer Insured 264

Insurance Journal

OCTOBER 9, 2024

Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said. The Category 5 hurricane is due to …

Insurance Industry 299

Insurance Industry Insurance Companies Insurance Insurer 299

Insurance Journal

JULY 31, 2024

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust Commercial Insurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …

Workers Comp 278

Workers Comp Casualty Insurance Commercial Insurance Commercial 278

Unitas Financial Services

MAY 2, 2022

In our series on Insurance Vendor Management, we have covered the 9 Critical Steps for Insurance Vendor Management , Specialization of the Insurance Company and the Agent , How to Evaluate an Insurance Policy, and Claims and Administration of the Policy.

Insurance Companies 52

Insurance Companies Insurance Policy Insurance Insurer 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many.

Insurance Companies 52

Insurance Companies Agents Insurance Insurer 52

Insurance Journal

OCTOBER 4, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 16,000 policyholders affected by the Boyles Fire located in Lake County. The commissioner’s order shields those living within the …

Policyholder 278

Policyholder Insurance Companies Insured Insurance 278

Property Insurance Coverage Law

OCTOBER 19, 2024

A federal appellate decision has provided valuable insights into the claims handling practices of Church Mutual Insurance Company and the duties of insurers in Louisiana. Church Mutual Insurance Company, 1 offers important lessons for property adjusters and claims managers across the industry.

Claim 159

Claim Property Insurance Insurance Companies Insured 159

Insurance Journal

OCTOBER 7, 2024

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Shelter Mutual Insurance Company (Shelter Mutual) (Columbia, MO) and its property/casualty (P/C) …

Insurance Companies 264

Insurance Companies Insured Insurance Insurer 264

Insurance Journal

SEPTEMBER 9, 2024

California homeowners could be required to pay a surcharge if the state’s insurer of last resort is unable to cover losses from a catastrophic wildfire. The California Department of Insurance sent a bulletin to insurance companies this week outlining how …

Policyholder 312

Policyholder Insurance Companies Insured Insurance 312

American Senior Benefits

AUGUST 14, 2024

Greg Gelineau, CLTC ~Executive Vice President at American Senior Benefits/Integrity Marketing Group~ ??Top Top 1% LinkedIn voice /Coach and Business Consultant.

Insurance Companies 52

Insurance Companies Building Insurance Insurer 52

Insurance Journal

OCTOBER 4, 2024

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term ICR of “b+” (Marginal) of Farmers Mutual Insurance Company …

Insurance Companies 254

Insurance Companies Insurance Insurer Insured 254

Insurance Journal

SEPTEMBER 19, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for 750,000 policyholders affected by the Airport, Bridge, and Line fires in the counties of Orange, Riverside, Los Angeles, and San Bernardino.

Policyholder 278

Policyholder Insurance Companies Insurance Insurer 278

Insurance Journal

SEPTEMBER 26, 2024

Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier. Under the agreement, mutual insurer Columbia will transfer its entire personal auto and …

Insurance 264

Insurance Insurer Insured Insurance Companies 264

Insurance Journal

SEPTEMBER 19, 2024

With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …

Underwriting 272

Underwriting Underwriter Insurance Companies Insured 272

Insurance Journal

OCTOBER 6, 2024

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …

Casualty Insurance 228

Casualty Insurance Insurance Companies Insured Insurance 228

Insurance Journal

SEPTEMBER 18, 2024

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …

Casualty Insurance 264

Casualty Insurance Insurance Companies Insurance Insurer 264

Constant Contact

MARCH 19, 2021

Bureau of Labor Statistics projecting a 5% increase in insurance agent employment from 2019 to 2029. This indicates the public is hungry for more quality insurance advice — making content marketing for insurance companies one of the best ways to promote your agency or brokerage.

Insurance Companies 52

Insurance Companies Insurance Insurer Insured 52

Insurance Journal

SEPTEMBER 11, 2024

AM Best has downgraded the Financial Strength Rating to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating to “b” (Marginal) from “bb-” (Fair) of Wolverine Mutual Insurance Company, based in Dowagiac, Michigan. The outlook of these Credit …

Insurance Companies 264

Insurance Companies Insured Insurance Insurer 264

Insurance Journal

AUGUST 8, 2024

California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel and Gold Complex fires. The moratorium shields those living within the perimeters or …

Policyholder 299

Policyholder Insurance Insurer Insured 299

Insurance Journal

AUGUST 26, 2024

surplus notes due 2044 issued by Church Mutual Insurance Company, S.I. AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+ (Good) to the $40 million, 9.5% Additionally, AM Best …

Insurance Companies 279

Insurance Companies Insured Insurance Insurer 279

Insurance Journal

SEPTEMBER 10, 2024

Finland’s Sampo Oyj succeeded in pushing through an offer for Topdanmark A/S in its second attempt to gain control of the Danish insurer. The Finnish insurance company raised its holding in Topdanmark to about 92.6% of shares, based on a …

Insurance Companies 260

Insurance Companies Insurance Insurer Insured 260

Insurance Journal

AUGUST 23, 2024

the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business. Under this newly formed platform, Ascot has also announced that the company … Ascot Group Ltd.,

Insurance Companies 279

Insurance Companies Insured Insurance Insurer 279

Insurance Journal

SEPTEMBER 18, 2024

AUSTIN, Texas September 18, 2024—Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, is announcing today that its board of directors voted unanimously to approve a $350 million dividend distribution in 2024. Dividends will be distributed to …

Policyholder 242

Policyholder Compensation Insurance Companies Insured 242

Insurance Journal

AUGUST 20, 2024

Litigation that seeks to win Medicare reimbursements from insurance companies has become a huge business over the last decade, making one Miami lawyer a billionaire and causing expensive, ongoing legal headaches for property-casualty insurers. But the federal law that allows …

Casualty Insurance 275

Casualty Insurance Insurance Companies Insured Insurance 275

Insurance Journal

AUGUST 27, 2024

parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’ ability to sell Root insurance products. “Root and Goosehead identified …

Agents 264

Agents Insurance Agency Insurance Companies Insured 264

Insurance Journal

SEPTEMBER 10, 2024

September 10, 2024 – Arrowhead General Insurance Agency, Inc. is pleased to announce its new carrier relationship with DB Insurance Company. SAN DIEGO, CA., Together we have introduced a new admitted homeowner’s program in the state of New Jersey. DB …

Insurance Agency 245

Insurance Agency Insurance Companies Insured Insurance 245

Insurance Journal

AUGUST 15, 2024

A Maui judge’s ruling resolves a critical roadblock to finalizing a $4 billion wildfire settlement: Insurance companies who have paid out more than $2 billion in claims can seek reimbursement only from the settlement amount defendants, who victims blame for …

Insurance Companies 276

Insurance Companies Claim Insurance Insurer 276

Insurance Journal

AUGUST 11, 2024

Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and The Jacobson Group’s latest insurance labor market study. Jeff Rieder, partner at Aon and head of STG Performance Benchmarking, said …

Insurance Companies 278

Insurance Companies Insured Insurance Insurer 278

Insurance Journal

AUGUST 28, 2024

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Buckeye State Mutual Insurance Company and its affiliate, Home and Farm …

Insurance Companies 264

Insurance Companies Insured Insurance Insurer 264

Insurance Journal

AUGUST 12, 2024

Former insurance executive Greg Lindberg, now awaiting sentencing in a North Carolina bribery conviction, and his companies must pay almost $167 million to an insolvent life insurance company in the Netherlands, a federal judge decided last week. “There is nothing …

Life Insurance 275

Life Insurance Insurance Companies Insurance Insurer 275