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Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options

Insurance Journal

Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab.

Claim 263
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The Antitrust Wildfire Lawsuits That Could Burn Down Insurance Industry Norms

Property Insurance Coverage Law

The recent filing of two sweeping antitrust lawsuits in California against a long list of most of the admitted California insurance companies has generated immediate attention within the insurance industry. 1 The lawsuits accuse major property insurers of colluding to reduce access to affordable and comprehensive fire insurance in high-risk areas of California by collectively … The post The Antitrust Wildfire Lawsuits That Could Burn Down Insurance Industry Norms appeared first on Property

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Florida Adjusters Beware: Failure to Follow Estimating Rule 69BER24-4 Can Jeopardize Your License

Property Insurance Coverage Law

Public adjusters and all property insurance adjusters working in Florida need to take notice. Failure to comply with the estimating standards laid out in Rule 69BER24-4, now permanently incorporated into Rule 69B-220.201, may result in serious ethical violations. These violations could put your license at risk. A public adjuster recently asked me whether it was … The post Florida Adjusters Beware: Failure to Follow Estimating Rule 69BER24-4 Can Jeopardize Your License appeared first on Pro

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All ships passing through European waters must now provide proof of insurance

Splash: Finance and Insurance

The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union waters without entering an EU port, to provide insurance information.

Insurance 129
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Leverage Trellis Court Data To Identify More Investment Opportunities

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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Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW

Insurance Marine News

Upstream energy clients were increasingly favouring automatic capacity over traditional follow-only markets, according to George Richardson from broker WTW. This was because of its lack of differentiation between poor-performing construction classes, he said. Williss global head of natural resources, Rupert Mackenzie, warned that challenges to insurers profitability were increasing.

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UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks

Insurance Journal

The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk of wildfires. Total precipitation of about 20.5 centimeters (8.

Risk 221
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Read the New Appraisal Law and Weep — Appraisal Rules Are Trending to Become Statutory

Property Insurance Coverage Law

Whoever wrote the proposed Iowa laws regarding insurance appraisal has a very narrow understanding of what appraisal is and how it functions. While I admit that I have not studied this law in great detail, the details as I read the new law are very different than how appraisal operates in any other state. From … The post Read the New Appraisal Law and Weep Appraisal Rules Are Trending to Become Statutory appeared first on Property Insurance Coverage Law Blog.

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How Long Will My Employee Be Off Work? Applying Evidence-Based Injury Duration Guidelines

AMAXX

Efficient management of workers’ compensation claims significantly impacts both employee recovery outcomes and organizational costs. Evidence-based medicine (EBM) guidelines, particularly injury duration guidelines, provide structured estimates of typical recovery periods, helping set realistic recovery expectations and facilitating effective claims management.

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Appellate Division Affirms Dismissal of Case After Bifurcated Trial

New Jersey Workers' Comp

The small details matter. A petitioner will always have problems at trial when there is very little congruence between the allegations contained on the claim petition and the statements which petitioner gave to the employer and treating doctors at the time of the accident. That is the message in the case of Makins v. Palace Rehab & Care Center and Premier Cadbury, LLC , A-2263-23, A-2276-23 (App.

Injury 52
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Take the Hassle Out of Claims Management

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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Blog Post: Defining The Best Corporate Legal Department

LexisNexis

How does a company define the best corporate legal department? Good, better and best are subjective unless there are defined metrics across various criteria to define best. The criteria to determine high-performing legal departments typically include qualitative and quantitative factors. For the former, qualitative factors, a key criterion is maturity in decision-making with data-driven insights.

Risk 52
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People Moves: Virginia’s Workers’ Comp Commission Names Two Deputy Judges

Insurance Journal

The Virginia Workers’ Compensation Commission Names Two New Deputy Commissioners The Virginia Workers’ Compensation Commission (VWCC) has named two new deputy commissioners, Frederick T. Schubert II and Christopher R. Wilson.

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Demystifying Evidence-Based Medicine in Workers’ Compensation

AMAXX

Evidence-Based Medicine (EBM) is increasingly recognized as a critical component in workers’ compensation, influencing treatment decisions, recovery outcomes, and cost management. Understanding EBM helps stakeholdersfrom medical professionals to claims managersmake informed decisions grounded in high-quality research and best practices. What is Evidence-Based Medicine?

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How to Process Your Car Insurance Claim in Germany

Top Insurance Blogs

As someone who has insured my car in Germany for over 20 years and spent a decade working as an insurance agent, I’ve seen the ins and outs of the car insurance industry. Whether you’re a citizen or an expat living in Germany, understanding how to process a car insurance claim is important. This guide […] The post How to Process Your Car Insurance Claim in Germany appeared first on My Top Insurance Blogs.

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Protecting Your Business—and the Planet—From Pollution Risks

Central Insurance

Uncover the proactive measures you can implement today to help safeguard your company and the environment. The post Protecting Your Businessand the PlanetFrom Pollution Risks appeared first on Central Insurance Blog.

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Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse

Insurance Journal

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.

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Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss. That expectation, however, can run into serious obstacles depending on the fine print of the insurance policy and, importantly, the law of the state where … The post Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions appeared first on Property Insurance Coverage La

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Emerging Contaminants: Ethylene Oxide

Distinguished

Emerging contaminants are chemicals in the environment that have been recently identified as posing a potential risk to the environment or public health. These contaminants may arise from everyday products or their use in various industries. As these contaminants are detected in the environment with increased frequency and concentration, they become subject to greater scrutiny as they are typically not adequately regulated under current environmental laws and regulations.

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Roof Claims Surge: A 30% Increase from 2022 to 2024

TGS

TGS Insurance Blog Roof claims have become a significant concern for homeowners and insurers alike, with costs escalating dramatically in recent years. According to Verisk’s “U.S. Roofing Realities Trend Report,” roof repair and replacement costs reached nearly $31 billion in 2024, marking a 30% increase since 2022. The Rising Tide of Roof Claims Several factors contribute to the surge in roof claims: Wind and Hail Damage: These elements were the primary drivers of loss costs,

Claim 52
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Blog Post: Legal Tracker Software Maximizes Efficiency

LexisNexis

Effective resource management with legal tracker software is vital for the success of a law department. It provides a streamlined approach to maximizing efficiency, enhancing productivity and empowering collaboration among the in-house legal team and their outside counsel. Managing legal operations requires optimization. With legal tracker software, legal departments can optimize spending and ensure compliance with industry regulations.

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Markets/Coverages: BHSI Updates Private Company Executive Lines Suite in Canada

Insurance Journal

Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to its Private Company Executive Lines suite of products in Canada and named Shaun Lue as private company leader.

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Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss. That expectation, however, can run into serious obstacles depending on the fine print of the insurance policy and, importantly, the law of the state where … The post Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions appeared first on Property Insurance Coverage La

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Why Empathy is the Secret Weapon in Workers’ Compensation Programs

AMAXX

In workers’ compensation programs, the conversation often revolves around costs, compliance, and claims management systems. Technical precision is important but what truly drives results, both financially and humanely, often flies under the radar: empathy. Empathy isnt just a nice to have in workers comp management it’s a proven strategy for reducing claim costs, preventing litigation, and helping injured employees return to work faster.

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A great way to make an impact on your community

Shield Insurance Agency

We here at Shield Insurance Agency wanted to thank Meals on Wheels Western Michigan for allowing us to volunteer this month. On Thu, Apr 3, 2025, half of our “in-house” team joined the MOWWM team to volunteer locally in our community; this included Andy and Dawn Simmons (owners of Shield Insurance Agency), Jade Browne, Patti McCarthy-Stejskal, Melissa Hunt, and Nate Schaap.

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Why Real Estate Investors Need Customizable Insurance Solutions

Unitas Financial Services

In todays fast-paced real estate market, real estate investors need more than just standard insurance coveragethey need flexibility, efficiency, and control. Whether managing a portfolio of single-family rentals, multifamily units, or fix-and-flip properties, the traditional insurance model often falls short in meeting the dynamic needs of real estate investors.

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People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property

Insurance Journal

This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. A summary of these new hires follows here.

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Restoration Contractors Should Provide Written Notice of AOB

Property Insurance Coverage Law

A recent federal court decision out of Louisiana highlights an important lesson for restoration contractors: If you get an Assignment of Benefits (AOB) from a property owner, you must make sure the insurance company actually knows about it. InCat 5 Global, LLC v. State Farm Fire & Casualty Company, 1 Cat 5 Global performed major … The post Restoration Contractors Should Provide Written Notice of AOB appeared first on Property Insurance Coverage Law Blog.

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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

With a growing population, a strong job market, and more renters than most states 34.1% of residents Colorado is a great place to own landlord-managed properties. Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential.

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Blog Post: Title IX, IEPs and the First Amendment: A Federal Law Survival Guide for Public Schools

LexisNexis

In todays educational landscape, navigating the classroom is only half the battle. The other half? Navigating the legal maze that surrounds every decision school leaders make. From student discipline to free speech, the legal stakes in public education have never been higher. Missteps can mean lawsuits, federal investigations or lasting reputational damage.

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INSURING VALUABLE ASSETS WITH CHUBB IN NJ

Boyle Agency Insurance

Top Protection For Your Prized Possessions Bogle Agency Insurance offers Chubb Masterpiece Valuables Insurance to clients who wish to have greater coverage for their valuable possessions. This insurance provides wider protection for items that have greater value than your standard household belongings. Valuables may be described as those things that have greater worth than the ordinary.

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Top Japanese Firms Scrap Employment System That Held Women Back

Insurance Journal

Japan’s biggest financial firms are abolishing decades-old practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan’s largest insurer, and MUFG Bank Ltd.

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Suit-Limitation Clauses in Property Insurance—File Fast or Lose Everything

Property Insurance Coverage Law

Few things send shivers down a policyholders spine faster than discovering that an otherwise valid claim has been sunk by a missed filing deadline. That is exactly what happened in a case decided last week,The Renaissance on Memorial, L.L.C. v. Travelers Casualty Insurance Company of America. 1 The property owner sued three and a half … The post Suit-Limitation Clauses in Property InsuranceFile Fast or Lose Everything appeared first on Property Insurance Coverage Law Blog.

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A Guide to Branding & Marketing Your Insurance Business

PSM Brokerage

Brand Like a Pro: Download Our Free Insurance Marketing Presentation + Checklist Marketing your insurance business today is about more than just selling policiesits about building a brand people trust, remember, and want to do business with. Thats why we put together a free presentation to help insurance agents like you create a powerful marketing foundation.