Sat.Jan 11, 2025 - Fri.Jan 17, 2025

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California Expands Moratorium on Homeowners Insurance Cancellations and Non-Renewals

Insurance Journal

California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already under a mandatory one-year moratorium on insurance non-renewals and cancellations.

Insurance 317
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Badger Bazookas Merlin!

Property Insurance Coverage Law

I lost an entire appraisal debate in the first few minutes against Good ole Steve Badger. Simply knocked out. Badger got up early in the morning and read yesterdays post,Participate In Your DemocracyEven If You Are Called a Bazooka. He must be taking some type of mind-enhancing drug because his creativity has never been keener. … The post Badger Bazookas Merlin!

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Wuhu Shipyard in $4bn tie-up with compatriot leasing duo

Splash: Finance and Insurance

China’s Wuhu Shipyard has partnered up with two domestic financial leasing players to jointly work on new projects potentially worth more than RMB30bn ($4.1bn). The largest shipbuilding enterprise in Anhui province, formerly known as Fujiheng Machinery Plant, has penned a collaboration agreement with Wanjiang Financial Leasing and Yingxing Financial Leasing.

Insurance 109
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2026 Medicare Advantage and Part D Advance Notice Fact Sheet

PSM Brokerage

The Centers for Medicare & Medicaid Services (CMS) recently released the 2026 Medicare Advantage (MA) and Part D Advance Notice , outlining proposed changes to payment rates, risk adjustment models, and updates related to the Inflation Reduction Act (IRA). These updates are designed to improve payment accuracy, ensure program sustainability, and maintain benefits for enrollees.

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Streamline Insurance Claims Management By Analyzing Legal Trends

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

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LA Wildfires Losses Could Top $30 Billion for Insurance Industry

Insurance Journal

Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.

More Trending

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New US sanctions cast a wide net

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New US sanctions cast a wide net appeared first on Insurance Marine News.

Marine 105
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The Insurance Agent’s Guide to Star Ratings

PSM Brokerage

Star Ratings: What They Mean and How to Use Them Star ratings play a crucial role in the Medicare landscape, influencing both client decisions and sales opportunities for insurance agents. Whether youre new to selling Medicare plans or an experienced agent, understanding star ratings can help you educate your clients, build trust, and grow your business year-round.

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Texas Lawsuit Alleges Allstate Illegally Collects Driver Data

Insurance Journal

The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through secretly embedded software in mobile apps and then uses the data to justify raising Texans’ insurance rates.

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Wildfire Devastation—What Next?

Property Insurance Coverage Law

Can you imagine all your possessions, those little mementos, photographs, and your home burned to ash? The cherished reminders of a life well-livedfamily heirlooms, the art your children proudly brought home, the smell of holiday meals that once filled the airall gone in a sudden, unrelenting blaze. The Los Angeles wildfires have not only scorched … The post Wildfire DevastationWhat Next?

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Three ship casualties in a weekend in SE Asia

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Three ship casualties in a weekend in SE Asia appeared first on Insurance Marine News.

Marine 100
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Protecting Your Remote Workspace: Home Office Safety and Security Week:

Relation

Your Home Office: A Space Worth Protecting These days, your home office isnt just where you workits where creativity happens, goals are crushed, and dreams come to life. Thats why taking care of it matters! As we mark Home Office Safety and Security Week, lets chat about simple but important ways to keep your workspace […] The post Protecting Your Remote Workspace: Home Office Safety and Security Week: appeared first on Relation Insurance.

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Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz

Insurance Journal

Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025.

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The Community Necessity to Make Structures More Insurable and Resilient to Loss

Property Insurance Coverage Law

A recent news article written by Ron Hurtibise, Should Asphalt Shingle Roofs be Phased Out in Florida? caught my attention because it would have a significant impact on Floridas roofing industry and upon the vast majority of Florida homeowners. The article noted that Floridas Insurance Commissioner Michael Yaworsky has suggested that the state should consider … The post The Community Necessity to Make Structures More Insurable and Resilient to Loss appeared first on Property Insurance Cove

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Israeli airstrike on Yemen port damages vessels

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Israeli airstrike on Yemen port damages vessels appeared first on Insurance Marine News.

Damage 98
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Shuaa Capital lines up $300m for OSV business

Splash: Finance and Insurance

UAE-based asset management and investment banking firm Shuaa Capital has secured a financial boost for its marine offshore support vessel (OSV) segment.

Marine 75
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Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action

Insurance Journal

Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss in GDP between 2070 and 2090.

Policy 288
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Is Allstate Taking Advantage of Policyholders?

Property Insurance Coverage Law

As a loyal policyholder, you expect your insurance provider to prioritize your safety, security, and trust. Yet recent allegations against Allstate and its subsidiary, Arity, paint a troubling picture of invasive business practices that betray consumer confidence. If the claims within the Texas lawsuit 1 are accurate, Allstate has been secretly collecting sensitive driver data … The post Is Allstate Taking Advantage of Policyholders?

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Glen Sannox makes maiden passenger-carrying trip

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Glen Sannox makes maiden passenger-carrying trip appeared first on Insurance Marine News.

Marine 90
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Blog Post: O-1 Victory in Vermont!

LexisNexis

Superlawyer Ava Benach reports: "Friends, the jamón iberico is on me! I am very excited to share this wonderful decision from Judge Crawford in Vermont finding that the USCIS denial of the José Andrés Group (fka Think Food Group) petition for an expert jamón slicer was arbitrary and capricious. The court found that the USCIS decision was arbitrary and capricious because: In evaluating whether the individual has achieved national or international recognition for achieveme

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Bayer Faces Billions in Payouts for Decades-Old Toxic Mess

Insurance Journal

Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many of the building materials made with the chemicals are no longer used in US homes, schools and factories.

Building 278
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Participate In Your Democracy—Even If You Are Called a Bazooka!

Property Insurance Coverage Law

Floridas insurance commissioner, Michael Yaworsky, referred to me yesterday as a Bazooka! As a kid, I pretended to be a bazooka soldier when playing on various military bases where my father was stationed. I am not exactly certain what was meant, and neither did others in my firm when this was raised. He said this … The post Participate In Your DemocracyEven If You Are Called a Bazooka!

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Windward spots new patterns of illicit activity in 2024

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Windward spots new patterns of illicit activity in 2024 appeared first on Insurance Marine News.

Marine 87
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Understanding the Key Parties in Workers’ Compensation

AMAXX

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. Lets explore the roles of these critical players in a workers’ compensation system. 1. Insurance Company: The Risk Bearer Often referred to as the underwriter, insurer, or carrier, the insurance company provides the workers’ compensation policy and assumes the employers risk.

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Private Hospital Owner Prospect Medical Files for Bankruptcy

Insurance Journal

Prospect Medical Holdings Inc., once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.

Liability 308
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The California Fair Plan: A Guarantee Against Bankruptcy Amidst Los Angeles Wildfires

Property Insurance Coverage Law

I was recently asked on a FoxNews interview whether policyholders with Californias Fair Plan will be paid if it runs out of money. The wildfires in Los Angeles have caused widespread devastation, leading to concerns among policyholders and others about whether the California FAIR Plan can fulfill its obligations. Misleading reports have fueled fears that … The post The California Fair Plan: A Guarantee Against Bankruptcy Amidst Los Angeles Wildfires appeared first on Property Insurance Cov

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Inmarsat Maritime and Maritime London establish “Sea-Care” working group

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Inmarsat Maritime and Maritime London establish Sea-Care working group appeared first on Insurance Marine News.

Marine 87
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Pre-Season Storm Preparedness Tip: Should I Install Impact Windows or Shutters?

Wren Insurance Agency

To continue our theme from last week about cost-effective home improvements (that may also lower your insurance bill!), today we address windows and storm-related window protection, which has the ability to significantly lower your home insurance rates while also protecting your valuables - certainly not the least of which - being your precious loved ones during a serious storm.

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Edison Utility Sued Over Role of Equipment in Los Angeles Fire

Insurance Journal

Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis.

Damage 299
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California Fire Insurance Claim Information—United Policyholders to the Rescue!

Property Insurance Coverage Law

United Policyholders offers the best advice to policyholders about how to recover from the recent wildfires. Merlin Law Group California attorney Dan Veroff, who was a former staff attorney for United Policyholders (UP), advised policyholders suffering from a California wildfire to attend events by United Policyholders in Theres a Wildfire Burning What Do I … The post California Fire Insurance Claim InformationUnited Policyholders to the Rescue!

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Follow these 6 steps for your next business insurance renewal.

Frankenmuth Insurance

Renewing your business insurance is a chance to ensure your coverage keeps up with your evolving needs. As your business grows, so can your risks, making it essential to review, reassess, and possibly adjust your insurance policy each year. Were breaking down the key steps in the business insurance renewal process so you can feel confident youre covered, protected, and getting the best value for your policy.

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Idan Ofer backs green fueltech specialist SulNOx

Splash: Finance and Insurance

Israeli billionaire Idan Ofer has become the latest backer of UK-based green fueltech specialist SulNOx. Ofer-controlled Singapore-based owner Eastern Pacific Shipping (EPS) has signed up to use SulNOx fuel conditioner onboard at least 30 of its vessels for a minimum of 18 months, while his EPS Ventures will take up to 8.

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Amazon Is Halting Some of Its Diversity and Inclusion Programs

Insurance Journal

Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce.

Building 278
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Panel Discussion on Homeowner’s Property Insurance Cost Drivers

Property Insurance Coverage Law

The Florida House Insurance and Banking Subcommittee is holding a Panel Discussion on Homeowners Property Insurance Cost Drivers. I will participate as apanelist.I am writing this post hoping a few of the Committee members or their staff may have the opportunity to read it during this legislative session. The job of a legislator is not … The post Panel Discussion on Homeowners Property Insurance Cost Drivers appeared first on Property Insurance Coverage Law Blog.