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.
Property Insurance Coverage Law
MARCH 26, 2025
Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible. Their expertise in evaluating damages, interpreting policy language, and facilitating settlements is essential in restoring financial stability to individuals and businesses affected by unexpected losses.
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Insurance Journal
MARCH 23, 2025
RALEIGH, N.C.
Property Insurance Coverage Law
MARCH 21, 2025
Colorados Cooperation Law, enshrined inC.R.S. 10-3-1118, was designed to protect policyholders from unfair denials based on alleged failures to cooperate. It sets a clear legal standard: If an insurer wants to rely on a non-cooperation defense, it must first follow a series of procedural steps, including sending formal written notice, giving the insured time … The post Colorados Cooperation Code: A Win for Policyholders That Didnt Pay Off appeared first on Property Insurance Coverage Law
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our 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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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.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
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.
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.
Property Insurance Coverage Law
MARCH 21, 2025
Colorados Cooperation Law, enshrined inC.R.S. 10-3-1118, was designed to protect policyholders from unfair denials based on alleged failures to cooperate. It sets a clear legal standard: If an insurer wants to rely on a non-cooperation defense, it must first follow a series of procedural steps, including sending formal written notice, giving the insured time … The post Colorados Cooperation Code: A Win for Policyholders That Didnt Pay Off appeared first on Property Insurance Coverage Law
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.
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
Distinguished
MARCH 20, 2025
In Philadelphia, housing code violations are a major concern for property owners and insurers alike. Today, we speak with Katie Vespia, President of Distinguisheds Real Estate program , to break down the common violations in the city, the fines and penalties imposed, the resolution process, and how these issues affect insurance coverage. Could you start by describing the most common housing violations in Philadelphia that property owners and brokers should be aware of?
AMAXX
MARCH 24, 2025
When an employer receives a revised workers’ compensation premium bill, the accuracy of the bill can be uncertain and confusing. To ensure fairness and correctness, an independent premium audit is highly recommended. Independent premium auditors, who specialize in complex classification codes and premium calculations, provide objective assessments and typically work on a contingency basis, incentivizing them to maximize potential savings for the employer.
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.
Property Insurance Coverage Law
MARCH 22, 2025
Leadership isnt just about holding a titleits about taking action, teaching, inspiring others, and leading by example, even when the formal role has ended. True leaders dont step back; they step up. I have noticed that as a Past President of the National Association of Public Insurance Adjusters (NAPIA), Chris Aldrich embodies this philosophy in … The post Chris Aldrich in The Public Adjuster Spotlight appeared first on Property Insurance Coverage Law Blog.
Your Journey With Jennie
MARCH 20, 2025
Gretchen Kingma is proof that when you focus on relationships, serve with authenticity, and lean into your unique strengths, success follows! A former occupational therapist turned real estate rockstar in Saint Louis, MO, Gretchen built her business not by chasing leads—but by becoming the trusted expert people naturally turn to when buying or selling a home.
Distinguished
MARCH 20, 2025
From devastating floods to slip-and-fall lawsuits, insuring apartment buildings is no simple task. And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. In this guide, we break down the key coverages every apartment building owner needs, highlight common claims, and show you how to offer tailored solutions that keep your clients protected in an ev
LexisNexis
MARCH 20, 2025
This article first appeared on Above the Law on February 5, 2025. Contracts are now integrated into an end-to-end system, and efficiencies abound. With its recent launch of CounselLink+, LexisNexis has provided a highly comprehensive tool to streamline your law departments entire workflow. The + in CounselLink+ refers to integration users of the system now have access to all of their organizations customizable tech stack, as well as all of the additional LexisNexis products they subscribe to, w
Property Insurance Coverage Law
MARCH 22, 2025
Leadership isnt just about holding a titleits about taking action, teaching, inspiring others, and leading by example, even when the formal role has ended. True leaders dont step back; they step up. I have noticed that as a Past President of the National Association of Public Insurance Adjusters (NAPIA), Chris Aldrich embodies this philosophy in … The post Chris Aldrich in The Public Adjuster Spotlight appeared first on Property Insurance Coverage Law Blog.
Rough Notes
MARCH 20, 2025
What role can they play in property insurance? Separate wildfire deductibles could be critical in securing coverage for a peril that is location-specific yet popping up all across the continent. By Joseph S. Harrington, CPCU If they work for windstorms, can they work for wildfires?
Zywave
MARCH 20, 2025
Leading insurtech provider, Zywave , today released its 2024 Stewardship Report detailing how the company is helping to boost customer growth through the continued enhancement of its digital products and services. Highlights from 2024 include: Completed 460+ product releases to improve product performance, enhance user experience, and maximize customer ROI Across all lines of business, Zywaves rating, quoting and connectivity solutions saw significant growth with total quote volume increasing by
AMAXX
MARCH 24, 2025
In this final part of our series exploring the nine elements of independent premium audits, we turn our focus to specialized situations and nuanced adjustments auditors carefully evaluate. Throughout this series, we have provided detailed insights into key foundational areassuch as payroll accuracy, employer classification, standard exceptions, and the complexities surrounding general inclusions, general exclusions, and multiple classifications.
Insurance Journal
MARCH 23, 2025
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy.
Property Insurance Coverage Law
MARCH 20, 2025
Imagine a state-run insurance program so brazen that even when explicitly ordered by the Department of Insurance to remove unlawful policy language, it shrugs and continues business as usual. Welcome to the California FAIR Plan, an entity overseen by executives from California’s major admitted insurance carrierscarriers who evidently believe rules are for other people.
Distinguished
MARCH 21, 2025
In Chicago, housing code violations not only affect tenant safety and property values but also play a critical role in insurance risk assessments. Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners. We speak with Katie Vespia, President of Distinguisheds Real Estate program , about the common types of violations in Chicago, the fines and penalties involved, the resolution process, and how unresolved issues can impa
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.
Word & Brown
MARCH 21, 2025
When youre just starting out as an insurance agent, its not always obvious what your priorities should be. After you earn your license, pick your market niche, and set up your office, what else can you do to put yourself on a path to success. Consider these priorities: Review or create a personal financial plan. You can develop a financial plan on your own or with help from a professional.
Insurance Journal
MARCH 24, 2025
The Oregon Occupational Safety and Health Division acted within its legal authority when adopting enhanced safety and health regulations for agricultural labor housing, the Oregon Department of Justice confirmed.
Insurance Marine News
MARCH 21, 2025
Indias Directorate General of Shipping (DGS) documented the new requirements to fit Closed Circuit Television (CCTV) on vessels. The details are in Merchant Shipping Notice 2025/02. The purpose of the new requirements is to improve seafarer welfare, safety, and security by mandating CCTV installation on vessels. The initiative aims to enhance onboard monitoring, prevent accidents.
Rough Notes
MARCH 24, 2025
Leveraging face-to-face relationships with potential insurance clients When you are giving the rundown of coverage, do so by using examples of incidents that anyone can understand. [R]eal-world scenarios that you can walk a prospect through to explain policies are helpful.
Property Insurance Centre
MARCH 21, 2025
7 Best Manchester Block of Flats Insurance Tips Manchesters property market continues to be a hotspot for buy-to-let investors , driven by strong demand, rising rents, and significant regeneration across the city. With a growing population of professionals, students, and young families, rental demand remains robust , especially in areas close to the city centre, such as Ancoats, Salford Quays, and the Northern Quarter.
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.
Property Insurance Coverage Law
MARCH 26, 2025
Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible. Their expertise in evaluating damages, interpreting policy language, and facilitating settlements is essential in restoring financial stability to individuals and businesses affected by unexpected losses.
Insurance Marine News
MARCH 21, 2025
Chris Jones has been named as the new CEO of the International Underwriting Association (IUA). He will formally take up his responsibilities on May 1st. Dae Matcham is retiring after a London Market career of 45 years, including 20 years heading the IUA. Claire McDonald, Chair of the IUA and CEO of Scor Business Solutions, The post Dave Matcham to retire as head of IUA after 20 years at the helm appeared first on Insurance Marine News.
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