Central Insurance

FEBRUARY 20, 2025

The post What Vacant Land Insurance Policies Should I Invest In? appeared first on Central Insurance Blog. Discover key coverage options, risks, and best practices for landowners.

Insurance Policy 200

Insurance Policy Policy Insurer Insurance 200

Insurance Journal

APRIL 14, 2025

Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …

Life Insurance 310

Life Insurance Insurance Agent Insurance Agents Insurance Policy 310

Property Insurance Coverage Law

SEPTEMBER 25, 2024

In my basic course about property insurance coverage to public adjusters, and as a standard issue regarding case intake at Merlin Law Group, I first emphasize to always make certain the named insureds and clients have a right to bring the claims. appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Insurance Policy Policy Insurer 203

Insurance Journal

MARCH 26, 2025

The Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to carefully review and understand their existing insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure the best coverage to protect …

Insurance Policy 162

Insurance Policy Policy License Insurance Agent 162

Insurance Journal

JANUARY 30, 2025

filed a racketeering lawsuit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents and performed unnecessary surgeries to take advantage of New York’s lucrative no-fault insurance policies. Ride-sharing giant Uber Technologies Inc. Since …

Injury 274

Injury Insurance Policy Claim Policy 274

Property Insurance Coverage Law

JANUARY 30, 2025

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.

Claim 180

Claim Policyholder Property Insurance Insurance Policy 180

Top Insurance Blogs

APRIL 20, 2025

Living and working as one whose family depends on their financial support can be very risky without a life insurance policy. Though life […] The post Why You Should Purchase Riders with Life Insurance Policies appeared first on My Top Insurance Blogs.

Life Insurance 64

Life Insurance Insurance Policy Policy Insurer 64

Insurance Journal

JULY 24, 2024

billion, modeling and insurance services firm Parametrix estimates. The portion of the loss covered under cyber insurance policies … The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4

Financial Loss 321

Financial Loss Cyber Insurance Policy Insurer 321

Property Insurance Coverage Law

AUGUST 28, 2024

An “other insurance” clause is a provision found in property insurance policies that establishes how a loss is to be apportioned among insurers when more than one policy covers the same loss. The original purpose of an “other insurance” clause is debatable.

Property Insurance 177

Property Insurance Insurance Policy Policy Policyholder 177

The Property Insurance Law Observer

MARCH 20, 2025

Hawley Insurance Co. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the propertys destruction. Hawley Insurance Co.

Property Damage 130

Property Damage Damage Insurer Insurance 130

Insurance Journal

OCTOBER 28, 2024

A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy. The Fourth Circuit …

Theft 312

Theft Insurance Policy Policy Insurer 312

Insurance Journal

AUGUST 6, 2024

In the insurance industry, the term “termination” can refer to a few different things. First, there are policy terminations. These occur when an insurance policy runs its course and the … This post is part of a series sponsored by AgentSync.

Insurance Carrier 240

Insurance Carrier Insurer Insurance Insured 240

Insurance Journal

APRIL 10, 2025

The Utah Insurance Department’s Fraud Division is warning consumers about an increase in fake auto insurance policies being marketed to the Hispanic community using WhatsApp. The department has not identified the sellers, but they believe them to be located outside …

Policy 237

Policy Auto Insurance Insurance Policy Insurer 237

Insurance Journal

MARCH 13, 2025

The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea is likely to hit multiple marine insurance policies, carrying an estimated combined insured value of between $50 million and $100 …

Marine 130

Marine Insurance Policy Insurer Insurance 130

Insurance Journal

AUGUST 26, 2024

Insurers in Louisiana have until Friday, Aug. 30 to compete a data call relating to property and casualty homeowners’ insurance policies and commercial lines property policies during the 2024 hurricane season. Louisiana Insurance Commissioner Tim Temple issued Directive 224 to …

Commercial 278

Commercial Insurance Policy Policy Insurer 278

Insurance Journal

NOVEMBER 17, 2024

By Andrew Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.

Theft 290

Theft Insurance Policy Policy Insurer 290

Insurance Journal

DECEMBER 3, 2024

Jason Bertoldi has joined Alliant Insurance Services, headquartered in Irvine, California, as global team leader, litigation and contingent risk insurance. Bertoldi assists clients in obtaining bespoke contingent risk insurance policies and structuring transactions that incorporate insurance policies as investment collateral.

Insurance Policy 246

Insurance Policy Insurer Insurance Insured 246

Top Insurance Blogs

APRIL 19, 2025

A fire insurance policy entails an insurance company agreeing to pay the insured a specific amount equal to the expected loss caused by a fire within the time frame stipulated in the insurance contract. Depending on the insurance, the indemnity is subject to change.

Insurance Policy 52

Insurance Policy Policy Insurer Insurance 52

Property Insurance Coverage Law

MARCH 13, 2025

1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog. 1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog.

Policyholder 188

Policyholder Commercial Insurance Commercial Property Insurance 188

Insurance Journal

NOVEMBER 6, 2024

Chaucer has launched a new nuclear insurance policy that provides nuclear power plants (NPP) with insurance cover for cyberattacks. Called CyNuC, the malicious act cyber insurance policy was developed specifically by Chaucer’s Lloyd’s Syndicate 1176 in conjunction with the insurer’s …

Cyber 245

Cyber Insurance Policy Insurer Insurance 245

Insurance Journal

OCTOBER 9, 2024

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …

Insurance Broker 260

Insurance Broker Broker Policy Life Insurance 260

Insurance Journal

JULY 19, 2024

Independent agents play a critical role in helping clients find the right home insurance policies for them. They are also instrumental in sharing information about general safety considerations for homeowners, which is especially essential during the summer when risks tend …

Home Insurance 255

Home Insurance Insurance Policy Agents Insurer 255

Insurance Journal

JULY 21, 2024

A 2% surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum are ways a public-private group formed in the aftermath of Superstorm Sandy recommends to pay for projects to protect New …

Property Insurance 262

Property Insurance Insurance Policy Insurer Insurance 262

Central Insurance

NOVEMBER 22, 2024

Protect your business from fire, liability, and equipment risks with tailored food trailer insurance. The post What Food Trailer Insurance Policies Best Protect Against Risks appeared first on Central Insurance Blog. Stay secure and focus on serving your customers.

Insurance Policy 130

Insurance Policy Protection Policy Risk 130

Property Insurance Coverage Law

FEBRUARY 5, 2025

A recent viral social media post following the California wildfires has brought to light a critical issue: homeowners are finding their insurance claims denied because their properties are held in trusts, yet the trusts are not listed on their insurance policies.

Insurance Claim 100

Insurance Claim Claim Insurance Policy Insurer 100

Central Insurance

MARCH 5, 2025

Explore BOP insurance designed for small gift shop owners. The post Four Gift Shop Insurance Policies You Need for Your Business appeared first on Central Insurance Blog.

Insurance Policy 130

Insurance Policy Policy Insurer Insurance 130

Insurance Journal

MARCH 13, 2025

A federal jury convicted a Maryland woman yesterday for conspiracy to commit insurance fraud, and related charges for wire fraud, money laundering and filing false tax returns. According to court documents, Maureen Wilson, of Owings Mills, conspired with her husband …

Insurance Policy 165

Insurance Policy Policy Insurer Insurance 165

Insurance Journal

FEBRUARY 25, 2025

Multi-year market conduct investigations by the New York State Department of Financial Services have resulted in $20 million in fines and consent orders against three dozen auto insurers for failing to timely report new and terminated auto insurance policies.

Auto Insurance 237

Auto Insurance Policy Insurance Policy Insurer 237

Property Insurance Coverage Law

AUGUST 28, 2024

This morning’s post, “What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?” raises the question: “How do I deal with ‘other insurance’ clauses?”

Property Insurance 203

Property Insurance Insurer Insurance Insured 203

PSM Brokerage

JANUARY 31, 2025

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. What Is Life Insurance 101? Life Insurance 101 is fully customizable! Download Your Life Insurance 101 Presentation Today! Why Use This Resource?

Life Insurance 109

Life Insurance Insurer Insurance Insured 109

Property Insurance Coverage Law

APRIL 9, 2025

Sometimes, decisions come along that make me wonder if judges are reading the same insurance policies and insurance laws the rest of us are. The recentFloridaClark opinion 1 is one of them.

Claim 159

Claim Property Insurance Insurance Policy Insurance Companies 159

Property Insurance Coverage Law

MARCH 9, 2025

I often wonder if insurance agents read the insurance policies they provide to their clients before selling the product. Why do insurance agents sell policies with clauses that require disputes to be in faraway places? appeared first on Property Insurance Coverage Law Blog.

Agents 100

Agents Insurance Agent Insurance Agents Policy 100

Central Insurance

FEBRUARY 28, 2025

Discover the essential florist business insurance coverages to protect your shop, reduce risk, and keep your flower business blooming year-round. The post What Florist Business Insurance Policies Do I Need to Protect My Shop? appeared first on Central Insurance Blog.

Business Insurance 130

Business Insurance Insurance Policy Protection Policy 130

Property Insurance Coverage Law

APRIL 12, 2025

Most people dont think much about their insurance policies after they buy them. Insurance becomes almost invisibleuntil something happens. A bill shows up, they pay it, and life moves on.

Insurance Policy 100

Insurance Policy Policy Insurer Insurance 100

Insurance Journal

APRIL 9, 2025

A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liability insurance policy, a federal appeals court found this week in a decision that will cost Travelers several million …

Liability 147

Liability Liability Insurance Insurance Policy Policy 147

The Property Insurance Law Observer

MARCH 12, 2024

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft. State Farm Ins.

Theft 130

Theft Insurance Policy Policy Personal Property 130

Insurance Journal

APRIL 17, 2025

A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

Broker 165

Broker Insurance Broker Broker-Agent Theft 165