NC Supreme Court Says Family Can Sue Schools, Docs Over Unwanted COVID Shot
Insurance Journal
MARCH 23, 2025
RALEIGH, N.C.
March, 2025
360 
Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
Property Insurance Coverage Law
MARCH 18, 2025
Derek Chaiken and I visited a number of burned-out homes where our clients lived until the recent Los Angeles wildfires destroyed everything they owned. Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
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LMI activates our Catastrophe Response Plan
Prof. Allan Manning
MARCH 4, 2025
Having attended every major natural catastrophe as LMI since 1999, both LMI Group and Aequum Adjusters have activated their respective Catastrophe Response plans putting in place the resources required to respond to the expected claims from Cyclone Alfred. We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible res
Lack of Insurable Interest Precludes Recovery for Property Damage
The Property Insurance Law Observer
MARCH 20, 2025
In Ram Krishana Inc. d/b/a Motel 6 Sulphur v. Mt. Hawley Insurance Co. (2025 WL 371016) (S.D.N.Y. 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.
Leverage Trellis Court Data To Identify More Investment Opportunities
Advertiser: Trellis
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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Sell Your Insurance Agency and Maximize Your Earnings
Redbird Agents
MARCH 18, 2025
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. We specialize in helping independent insurance agency owners navigate the complex process of selling their agency. Whether you are considering retirement, looking to capitalize on the market value of your agency, or exploring strategic mergers, our team of seasoned business brokers is committed to guiding you through every phase of the sales process.
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FCC Chairman Threatens to Block M&A for Companies With DEI
Insurance Journal
MARCH 23, 2025
The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr.
Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders
Property Insurance Coverage Law
MARCH 13, 2025
In a recent decision that offers crucial guidance to policyholders and public adjusters about how to interpret commercial insurance contracts, the Fourth Circuit Court of Appeals sided with the policyholder, highlighting a key lesson about insurance policy interpretation: When insurance language is ambiguous, courts will interpret any ambiguity in favor of the policyholder. 1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property In
Flags of questionable quality grow market share
Splash: Finance and Insurance
MARCH 21, 2025
Over 5,000 vessels – equivalent to 14.5% of the global merchant fleet – operate under registries with less than 10% ratification of International Maritime Organization and the International Labour Organization conventions, increasing exposure to enforcement actions, according to new data from analytics firm Kpler.
Blog Post: Agentic AI in Business: Transforming Legal Decision-Making and Strategy
LexisNexis
MARCH 6, 2025
By Madison Johnson, Esq. | Manager, Large Markets In recent discussions , legal industry experts have highlighted the potential of agentic AI systems as a transformative force for law firms aiming to leverage cutting-edge technology for competitive gain. This perspective is gaining widespread recognition. The traditional image of a lawyer pouring over dusty tomes and case files is fading as AI-powered tools are becoming integral to legal practice, reported National Law Review in February 2025.
Take the Hassle Out of Claims Management
Advertiser: Trellis
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
Medicare SEP Disaster Policy Change Withdrawn: What Insurance Agents Need to Know
PSM Brokerage
MARCH 24, 2025
The Centers for Medicare & Medicaid Services (CMS) has officially withdrawn the proposed changes to the Special Election Period (SEP) for Individuals Affected by a Government Entity-Declared Disaster or Other Emergency. Previously, CMS announced that starting April 1, 2025 , beneficiaries would need to call 1-800-MEDICARE to use this SEP. However, this requirement will no longer be implemented.
Reignite Past Leads Now: Sales Pipeline Best Practices | Solstice
Solstice Insurance Broker
MARCH 12, 2025
Nurturing your current prospects and clients is key to the success of your business. It's also important to spend time and energy reconnecting with past contacts and prospects that have become stale.
After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits
Insurance Journal
MARCH 19, 2025
Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Sen.
Florida’s Insurance Scandal: The “Incomplete” Report That Almost Stayed Buried
Property Insurance Coverage Law
MARCH 15, 2025
Floridas homeowners have been paying ever-increasing insurance premiums, but where has all that money been going? A secret state report, which regulators conveniently left unfinished and never shared with lawmakers, might have held the answer. That is, until an investigative journalist, Lawrence Mower, pried it loose from the states grasp, as discussed in Secret Report … The post Floridas Insurance Scandal: The Incomplete Report That Almost Stayed Buried appeared first on Property Insuranc
Performance Shipping closes financing for LR2 newbuilds
Splash: Finance and Insurance
MARCH 10, 2025
Greeces Performance Shipping has secured financing for its third newbuilding in China through another sale and leaseback deal.
NCCI’s Tracy Ryan:Busting the Math Myth
Triple-I: Workers Compensation
MARCH 24, 2025
By Loretta L. Worters, Vice President, Media Relations, Triple-I Growing up, Tracy Ryan always loved math. It came to her naturally. She liked the patterns, structures, and precision of math the poetry of logical ideas as Albert Einstein put it. When she went to college, and then onto graduate school, her focus was on pursuing a career that aligned with her favorite subject.
Part 2: Workers’ Comp Independent Premium Audits Explained
AMAXX
MARCH 24, 2025
In this three-part series, we are examining nine elements of independent premium audits to help you better understand and control your workers’ compensation premiums. In the first part, we explored three elements to premium audits on how audits verify payroll accuracy, correct employer classifications, and handle standard exceptions. These foundational aspects are crucial for ensuring accurate premium calculations and avoiding costly mistakes.
Maximizing Value: Bundling Dental & Vision Insurance for Your Clients
Solstice Insurance Broker
MARCH 4, 2025
As an insurance broker, you want to offer your clients solutions that are comprehensive in terms of coverage and appealing when it comes to cost. Bundling dental and vision insurance is a fantastic way to boost the value of what you offer. You can cater to a variety of client needs and make the purchasing process more streamlined.
Med-Mal Insurer ProAssurance to Go Private After $1.3B Purchase by The Doctors Co.
Insurance Journal
MARCH 20, 2025
The Doctors Company, the Napa, California-based, physician-owned medical malpractice insurer, announced it has entered an agreement to acquire ProAssurance Corp. for $1.3 billion, taking the company private. Under the terms of the agreement, ProAssurance stockholders will receive $25.
Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
Property Insurance Coverage Law
MARCH 18, 2025
Derek Chaiken and I visited a number of burned-out homes where our clients lived until the recent Los Angeles wildfires destroyed everything they owned. Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
Australian Pension Fund Fined A$10.5 Million for Greenwashing
Insurance Journal
MARCH 18, 2025
Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its environmental, social and governance credentials amid a regulator push to stamp out greenwashing.
Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes
Insurance Journal
MARCH 5, 2025
Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures.
MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand
Insurance Journal
MARCH 31, 2025
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.
Arctic Sea Ice Shrinks to Record Winter Low as Earth Heats Up
Insurance Journal
MARCH 28, 2025
The Arctic Ocean likely had the smallest winter ice cover in 47 years of satellite records this season, with just 5.53 million square miles of sea ice covering the region at its peak on March 22.
US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules
Insurance Journal
MARCH 6, 2025
As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties.
Marsh Acquires Milan-Based Brokerage Fontana Rava-Toscano & Partners
Insurance Journal
MARCH 5, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced that it has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based insurance brokerage. Terms of the acquisition were not disclosed.
People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia
Insurance Journal
MARCH 18, 2025
This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of these executive hires follows here.
SEC Beginning to Onboard DOGE Staff, Email Says
Insurance Journal
MARCH 28, 2025
The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaire Elon Musk’s Department of Government Efficiency, according to an email sent on Friday to department staff.
Private Credit’s Push for Retail Money Stokes New Vulnerability
Insurance Journal
MARCH 11, 2025
Private credit’s rush to attract money from retail investors is making the sector more vulnerable to the kind of liquidity mismatches found in traditional lenders, the Bank for International Settlements warned in a report on Tuesday.
Catastrophe Experts Tap AI to Tackle Soaring Insured Losses
Insurance Journal
MARCH 26, 2025
Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods.
Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia
Insurance Journal
MARCH 24, 2025
Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the country’s invasion of Ukraine.
Small Plastic Pellets Wash Up on UK Shores After Ship Explosions
Insurance Journal
MARCH 18, 2025
Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the country’s waters.
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund
Insurance Journal
MARCH 6, 2025
RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS).
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