Insurance Journal

DECEMBER 11, 2024

(AP) With the largest number of newly elected members at least since World War II, Republican South Carolina Senate leaders are thinking about tackling some issues like tax reform and liquor liability insurance that have long been …

Liability 244

Liability Liability Insurance Insurance Insurer 244

Insurance Journal

JANUARY 14, 2025

This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the country. The change is the result of Senate Bill 452, approved in 2023 and which became law last year. The …

Liability 279

Liability Auto Insurance Insurance Insurer 279

Insurance Journal

SEPTEMBER 1, 2024

The professional liability market for architects and engineers is continuously adapting to new trends and challenges. While there remains a strong interest in this sector and many insurers … These shifts bring both opportunities and obstacles for brokers and design professionals.

Liability 246

Liability Broker Insurance Insured 246

Insurance Journal

SEPTEMBER 10, 2024

Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach of fiduciary duty and related issues can result in widespread premium increases and professional discipline.

Liability 264

Liability Claim Risk Premium 264

Insurance Journal

JULY 14, 2024

As an insurance organization you understand risk management better than most businesses. You advise clients on how employment practices pose liability risks, but when is the last time you’ve thought about your own risks, particularly when it comes to hiring …

Liability 260

Liability Risk Insurance Insured 260

Insurance Journal

SEPTEMBER 1, 2024

The management liability insurance segment has attracted a lot of new capacity in the last few years, and the increased competition has pushed rates down significantly. But the segment faces growing risks from regulatory and technology-related exposures, making the quality …

Liability 245

Liability Risk Liability Insurance Insurance 245

Insurance Journal

NOVEMBER 5, 2024

Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …

Liability 246

Liability Risk Underwriter Underwriting 246

Insurance Journal

FEBRUARY 13, 2025

Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages. The company’s new Site Pollution & General Liability (SGL) form provides primary and excess (supported and unsupported) …

Liability 211

Liability Commercial General Liability General Liability Commercial 211

Insurance Journal

FEBRUARY 28, 2025

Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities.

Underwriter 237

Underwriter Underwriting Liability Agents 237

Insurance Journal

APRIL 21, 2025

Transatlantic Underwriters, a specialized wholesale brokerage for trucking and transportation insurance, is making a limited move into broader property-casualty coverage. The Marietta, Georgia-based firm, founded in 1989, introduced six new lines of business, including commercial general and excess liability; commercial …

Liability 189

Liability Underwriter Underwriting Commercial 189

Insurance Journal

NOVEMBER 19, 2024

Great American Insurance Group, headquartered in Cincinnati, promoted Todd D. Gambrell to divisional president, excess liability, effective Jan.1, Gambrell will succeed John V. Bracca, who will retire in January after more than 30 years of service. Gambrell joined Great …

Liability 202

Liability Insurance Insurer Insured 202

Insurance Journal

FEBRUARY 7, 2025

Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of personal insurance.

Auto Insurance 240

Auto Insurance Liability Insurance Insurer 240

Insurance Journal

AUGUST 15, 2024

This edition of International People Moves details appointments at the insurers Markel and QBE. Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team, Int’l Specialty Markel, the insurance operations within … A summary of these new hires follows here.

Marine 260

Marine Liability Underwriter Underwriting 260

Insurance Journal

SEPTEMBER 5, 2024

The acquisition adds casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry. Moody’s Corp. today said it acquired analytics firm Praedicat. Terms of the deal were not disclosed. Praedicat’s models and predictive analytics help …

Liability 203

Liability Insurance Industry Insurance Insured 203

Insurance Journal

JANUARY 29, 2025

The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment Management Co. “Given the sheer size of insured and uninsured …

Liability 189

Liability Damage Risk Insurance 189

Insurance Journal

AUGUST 27, 2024

The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …

Liability Insurance 299

Liability Insurance Liability Insurance Insurer 299

Insurance Journal

JANUARY 14, 2025

DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off portfolio including motor damage and third-party liability, private liability …

Liability 263

Liability Insurance Carrier Damage Insurance 263

TGS

MARCH 17, 2025

TGS Insurance Blog Lets be realwhen its time to pick an auto insurance policy, most of us are just hunting for the cheapest option that doesnt leave us totally exposed. But heres the catch: while snagging a bargain feels great, going too leanlike with liability only auto insurancecan leave you vulnerable in ways you might not expect.

Auto Insurance 59

Auto Insurance Liability Risk Out-Of-Pocket 59

Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” ” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

Insurance 240

Insurance Insured Insurer Policy 240

Insurance Journal

OCTOBER 2, 2024

Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on Wednesday. Mark Howard, …

Liability 290

Liability Insurance Insured Insurer 290

Insurance Journal

MARCH 4, 2025

Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks to tap into strong demand from companies to offload their pension scheme risks to insurers. The move – subject to …

Liability 228

Liability Insurance Insurer Insured 228

Top Insurance Blogs

APRIL 19, 2025

In my years of working in Germany, Ive worked with many manufacturers, big and small, who underestimated product liability insurance. In this masterpiece, […] The post The Importance of Product Liability Insurance for Manufacturers in Germany appeared first on My Top Insurance Blogs. Do you know why?

Liability Insurance 52

Liability Insurance Liability Insurance Insurer 52

Insurance Journal

SEPTEMBER 12, 2024

Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion in cash and assume liabilities and … billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1

Auto Insurance 264

Auto Insurance Liability Insurance Insurer 264

Insurance Journal

DECEMBER 6, 2024

In a homeowners insurance subrogation case over water damage … A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a seller or distributor liable for a faulty product must provide clear evidence of where they purchased their product.

Liability 246

Liability Damage Insurance Insured 246

Insurance Journal

OCTOBER 16, 2024

Thousands of Massachusetts medical professionals and other employees of troubled hospital operator Steward Health Care are at risk because Steward does not have adequate liability or workers’ compensation coverage in place to protect them after Steward’s exit from the state, …

Compensation 278

Compensation Liability Protection Risk 278

Insurance Journal

FEBRUARY 2, 2025

Brian Kemp on Thursday reiterated his simple pitch for lawsuit limits: They’ll halt rising insurance costs. Changes could reduce liability insurance costs for businesses and commercial property owners. Georgia Gov. The reality, though, is more complicated. The evidence is mixed …

Commercial Property 252

Commercial Property Liability Insurance Liability Commercial 252

Insurance Journal

MARCH 30, 2025

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Injury 288

Injury Worker Injury Liability Insurance Compensation 288

Insurance Journal

NOVEMBER 11, 2024

In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance efficiency across multiple lines of business (LOBs). Whether it’s General Liability, … This post is part of a series sponsored by Selectsys.

Underwriter 246

Underwriter Underwriting General Liability Liability 246

Insurance Journal

JULY 14, 2024

By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94 — the best since first-quarter 2007. Translating to …

Casualty Insurance 240

Casualty Insurance Underwriter Underwriting Liability 240

Insurance Journal

NOVEMBER 26, 2024

A commercial general liability policy with a pollution exclusion does not protect a Virginia homeowners association from lawsuits filed by swimmers alleging they were injured by chemicals discharged into the community pool. That is the argument made by Philadelphia Indemnity …

Commercial General Liability 246

Commercial General Liability General Liability Injury Liability 246

Insurance Journal

AUGUST 22, 2024

Insurance Group has expanded its Hanover Work Safe, a group of services promising a personalized approach to worker safety and claims handling. The Hanover Enhances Its Holistic Work Safe Program The Hanover. The Hanover’s claims specialists proactively gain insights into …

Liability 264

Liability Claim Workers Compensation Insurance 264

Insurance Journal

MARCH 30, 2025

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Injury 264

Injury Worker Injury Liability Insurance Compensation 264

Insurance Journal

SEPTEMBER 5, 2024

Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week. Florida, Georgia and Texas insurance agents can submit general liability and commercial excess business to FCCI Specialty Insurance …

General Liability 278

General Liability Liability Commercial Insurance Agents 278

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. The five-year average count for liability claims increased 24.9

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

Insurance Journal

SEPTEMBER 4, 2024

As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cases, declining to write liability policies at all …

Underwriter 263

Underwriter Underwriting Liability Policy 263

Insurance Journal

NOVEMBER 7, 2024

Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, public liability sales and strategic distribution, effective Jan. Carter has nearly 30 years of experience in the insurance industry. Before joining Grange, she served as …

Liability 189

Liability Insurance Industry Insurance Companies Insurance 189

Insurance Journal

SEPTEMBER 25, 2024

The Iowa Insurance Division has issued a cease-and-desist orderagainst William Campbell and All or Nothing LLC, a Clive, Iowa limited liability company doing business as All or Nothing Roofing and Construction. The order claims that Campbell and his company have …

Liability 263

Liability Claim Insurance Insured 263