Property Insurance Coverage Law

NOVEMBER 10, 2024

As someone who has spent decades battling insurance companies over wrongful claims practices, it might seem strange that I’m writing about the importance of insurance company profits. Trust me, I had to take a deep breath before typing that sentence.

Insurance Companies 100

Insurance Companies Property Insurance Insurance Insurer 100

RiskQuoter

NOVEMBER 9, 2024

Life insurance is a confusing and intimidating topic. Most people don’t know where to start buying life insurance because so many options exist. Many companies […] The post Life Insurance Companies for 2024 appeared first on RiskQuoter.com.

Life Insurance 52

Life Insurance Insurance Companies Insurance Insurer 52

Property Insurance Coverage Law

SEPTEMBER 26, 2024

A recent federal court ruling in Missouri highlights the critical importance of admissible expert testimony in property insurance disputes.

Policyholder 175

Policyholder Insurance Companies Damage Claim 175

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Liberty Mutual Insurance Company , the U.S. Court of Appeals reviewed a summary judgment ruling in favor of co-defendant West American Insurance Company (“West American”), issued by the U.S. A lawsuit ensued, wherein the Insured alleged that West American breached the contract by failing to pay full value for the claim.

Insurance Companies 130

Insurance Companies Damage Insurance Insurer 130

Insurance Journal

NOVEMBER 26, 2024

An Ohio man was sentenced to five years in prison and ordered to pay restitution for filing 24 fraudulent claims with multiple insurance companies, totaling more than $229,000, the Ohio Department of Insurance announced. Justin Mack, a native of Buffalo, …

Insurance 253

Insurance Insurer Insured Insurance Companies 253

Top Insurance Blogs

OCTOBER 27, 2024

in-depth look at each of these trusted car insurance companies in Florida, including what they offer, their history, benefits, locations, and the reasons behind their popularity: 1. Progressive Learn how to claim insurance in Florida 4. Liberty Mutual Read about: Root Insurance in Florida 7. State Farm 2. Allstate 5.

Insurance Companies 52

Insurance Companies Insurance Insurer Insured 52

Insurance Journal

NOVEMBER 27, 2024

At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped into a concerned client from a hospital insurance company who brought his team members to the event. The insurer was …

Insurance Industry 272

Insurance Industry Insurance Companies Insurance Insurer 272

Insurance Journal

NOVEMBER 18, 2024

The California Department of Insurance has submitted its final wildfire catastrophe modeling regulation to the Office of Administrative Law for approval. Th regulation is intended to strengthen the state’s insurance law, Proposition 103, by establishing coverage commitments from insurance companies …

Insurance 264

Insurance Insurer Insured Insurance Companies 264

RiskQuoter

APRIL 3, 2024

Life insurance is a confusing and intimidating topic. Most people don’t know where to start buying life insurance because so many options exist. Many companies […] The post Life Insurance Companies for 2024 appeared first on RiskQuoter.com.

Life Insurance 52

Life Insurance Insurance Companies Insurance Insurer 52

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

OCTOBER 24, 2024

As the third-fastest growing company on a list of the world’s top 50 largest insurance companies, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market Intelligence. State Farm recorded nearly $87.6 billion …

Insurance 285

Insurance Insurer Insured Insurance Companies 285

Top Insurance Blogs

FEBRUARY 20, 2024

Sorting through the list of top homeowners insurance companies in Florida can be a challenging task due to the variety of options available. This is why I have taken the pain to craft this publication on the best homeowners insurance companies in Florida this 2024.

Insurance Companies 52

Insurance Companies Damage Insurance Insurer 52

Insurance Journal

AUGUST 5, 2024

For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly. This was the single most important issue the industry wanted to see addressed by lawmakers. Now, with the passage of …

Insurance Companies 289

Insurance Companies Insurance Industry Insurance Insurer 289

Insurance Journal

NOVEMBER 3, 2024

The insurance industry has historically been slow to adopt new technologies o often relying on traditional outreach, marketing and client management methods. However, digital transformation has taken hold across the sector in recent years, radically reshaping how insurance companies engage …

Insurance Industry 305

Insurance Industry Insurance Companies Insurance Insurer 305

Insurance Journal

NOVEMBER 11, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 11,000 policyholders affected by the Shelly Fire located in Siskiyou County and the Bear Fire located in Sierra County.

Policyholder 246

Policyholder Insurance Companies Insurance Insurer 246

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 31, 2024

A Dallas pharmacy owner who routinely billed insurance companies for headache sprays, pain creams, and scar creams never dispersed to patients was sentenced last week to 10 years in federal prison, announced U.S. Attorney for the Northern District of Texas …

Insurance Companies 264

Insurance Companies Insurance Insurer Insured 264

Elmore

OCTOBER 17, 2024

Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock The post Pension fund and insurance company use of ETFs surges in Europe appeared first on Elmore Insurance Brokers.

Insurance Companies 52

Insurance Companies Insurance Broker Broker Insurance 52

Wren Insurance Agency

OCTOBER 23, 2024

Now that we are in the thick of the official hurricane season here in Florida, you may have noticed - if you recently tried to bind a new home insurance policy - that most carriers will stop writing up to a week or two prior to a named storm possibly impacting the state. The more damage, the more likely premiums will rise at renewal.

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Policy Insurance Companies Premium Insurance Carrier 84

Property Insurance Coverage Law

AUGUST 19, 2024

That is exactly what the insurance industry has accomplished in Florida with recent changes in law. Can you imagine a business industry trade group going to politicians asking for laws that prevent others from collecting valid debts from them? Most would be laughed out of town.

Policyholder 157

Policyholder Insurance Companies Property Insurance Insurance Industry 157

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

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

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

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

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 23, 2024

Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance. It works with US insurance companies, helping them streamline the …

Commercial Insurance 273

Commercial Insurance Commercial Insurance Industry Insurance 273

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

Property Insurance Coverage Law

NOVEMBER 5, 2024

A recent Indiana Court of Appeals decision where Merlin Law Group’s Ed Eshoo was counsel for the policyholder provides a textbook example of how an insurance company’s conduct can waive strict policy requirements, even when attempting to preserve those rights through reservation letters.

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Claim Policyholder Insurance Companies Property Insurance 197

Insurance Journal

AUGUST 12, 2024

As students across Kansas prepare to return to the classroom, Kansas Insurance Commissioner Vicki Schmidt reminds students and parents to add insurance to their back-to-school checklist. “Many insurance companies offer products and discounts geared toward students and their particular needs,” …

Insurance Companies 263

Insurance Companies Insurance Insurer Insured 263

Neilson Marketing Services

MAY 16, 2024

Insurance is a competitive space. SEO for insurance companies is an essential marketing channel that can allow you to outmuscle bigger rivals by increasing brand visibility and driving targeted traffic. In this article, we’ll share the essential steps insurance providers need to power their search engine rankings.

Insurance Companies 52

Insurance Companies Insurance Insurer Insured 52

Insurance Journal

JULY 26, 2024

In today’s rapidly evolving digital landscape, customer experience is paramount across all industries, including insurance. While traditionally viewed as a transactional service, insurance companies increasingly recognize the significance of fostering … This post is part of a series sponsored by Dyad.

Insurance Industry 279

Insurance Industry Insurance Companies Insurance Insurer 279

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

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

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

Insurance Journal

JULY 22, 2024

The Pennsylvania Insurance Department (PID) reported that it has saved consumers $98.3 million in annual auto, home and other property/casualty insurance premiums in the first six months of 2024 through its review of insurance company rate filings. The vast majority …

Casualty Insurance 276

Casualty Insurance Premium Insurance Companies Insurance 276

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

Property Insurance Coverage Law

AUGUST 15, 2024

Insurance companies claim that when claims numbers are simply made up, that act constitutes fraud. If that is so, then insurance company fraud statistics are a fraud. The often wrongfully cited estimate of $308.6 billion is an admittedly “make believe” estimate. A recent article by Kenneth S.

Property Insurance 193

Property Insurance Insurance Companies Insurance Insurer 193