Property Insurance Coverage Law

JUNE 26, 2025

The Rocky Mountain Association of Public Insurance Adjusters (RMAPIA) has produced a comprehensive and scientifically grounded guide to handling fire losses that deserves serious attention from anyone involved in the adjustment of fire-related insurance claims.

Policyholder

Property Insurance Coverage Law

MAY 25, 2025

With a reputation already … The post The Real Risk in Slide Insurances IPO Isnt Hurricanes, But Its Claims Philosophy appeared first on Property Insurance Coverage Law Blog.

Claim

Prof. Allan Manning

FEBRUARY 10, 2025

I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. Fast forward 40 or so years and in Vanuatu last week with the earthquake claims I saw many occasions of the very same issue.

Business Interruption

Insurance Journal

JUNE 1, 2025

Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number of cyber insurance claims notifications. Vendor risks have traditionally come in the form of data breaches, but increasingly, ransomware attacks …

Cyber

Insurance Journal

JUNE 24, 2025

claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., “Defendant disregarded the rights of Plaintiff …

Policyholder

AMAXX

MAY 27, 2025

In the world of workers compensation, few factors have a more immediate and measurable impact on claim outcomes than lag time the delay between when an injury occurs and when it is reported to the carrier or third-party administrator (TPA). Beyond four weeks , claim costs jumped 31%. Here’s what you need to know. litigation rate.

Claim

AMAXX

MARCH 4, 2025

Research has shown that fear of being fired is one of the top predictors of negative claim outcomes, including increased litigation rates and extended time off work. By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. Heres how: 1.

Workers Compensation

American Agents Alliance

JUNE 12, 2025

Read on to learn more about how to avoid coverage gaps that can lead to E&O claims while helping ensure policyholders are protected. How to Avoid Coverage Gaps That Can Lead to E&O Claims When meeting with new clients or existing policyholders at renewal time, be proactive and ask about new risks, exposures, and opportunities.

Claim

AMAXX

JULY 1, 2025

If there’s one universal truth in workers’ compensation, it’s this: The best claim is the one that never happens. Here’s how to move from simply collecting injury data to using it to prevent future claims. Prevention is far cheaper than paying claims. Lost Time Claims: Claims where employees miss work due to injury.

Injury

AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs.

Workers Comp

Property Insurance Coverage Law

APRIL 16, 2025

When businesses think about protecting themselves from risk, they often focus on property damage, natural disasters, or customer lawsuits. However, one of the most damaging and often overlooked threats comes from within: employee theft.

Property Damage

Top Insurance Blogs

JULY 4, 2025

As fire-related claims continue to pose a serious threat to commercial operations in Australia, insurance experts are urging businesses to elevate their fire prevention strategies.

Risk

AMAXX

MAY 6, 2025

Employers struggling with first-year injuries, high turnover, or repeat claims often have something in common: a reactive hiring process. Theyre moving fast, skipping steps, and taking on avoidable risk. But what if hiring was treated like risk management? This step is especially important for compliance with the ADA and EEOC.

Workers Comp

American Agents Alliance

JULY 17, 2025

This can create additional E&O risks for agents and brokers, however, when a policyholder misunderstands their coverage needs or policy language. Learn more about this growing challenge and how to help prevent E&O claims arising from policyholder misunderstandings. Spend time to reconfirm understanding.

Risk

The Property Insurance Law Observer

JULY 31, 2025

Facts The insured’s claim arose out of business interruption losses due to a shutdown of its business during the COVID-19 pandemic. Analysis The district court overruled insurers’ objections permitting discovery of both reserve and reinsurance information given the allegations of bad faith during the adjustment of the claim.

Business Interruption

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. Injury claim severity in the state is slightly higher than in the rest of the country.

Commercial General Liability

AMAXX

JULY 14, 2025

When it comes to workers’ compensation, small claims might seem harmless. After all, fewer claims mean fewer red flags on your insurance history—right? Especially in ERA states , choosing not to report those small claims could end up costing far more in the long run. So, a $10,000 medical-only claim? Not always.

Claim

Majesco

FEBRUARY 13, 2025

Climate risk is growing, and a greater number of Cat events are threatening people and their property. At this moment, with 150,000 people displaced and property insurers scrambling to help customers, it’s clear that everyone in the industry needs to pull together to create new solutions to new levels of risk. What does it mean?

Risk

Insurance Journal

JUNE 20, 2025

Foundational learning remains a high priority for insurance and risk management professionals, according to The Institutes Knowledge Group’s annual Skills Report. Risk assessment, coverage analysis, and insurance operations education were among the top courses chosen by industry professionals. Based on …

Insurance

Triple-I: Homeowners Insurance

JUNE 3, 2025

Worters, Vice President, Media Relations, Triple-I Vacant homes often carry more risk than meets the eye. Vacancy endorsements are available To manage the elevated risks of a vacant property, insurers offer vacant home insurance policies or vacancy endorsements. By Loretta L.

Theft

Insurance Journal

JULY 20, 2025

” The article was initiated by an email I received through my website from a professional photographer who claimed that one of his … On March 14, 2024, I made a blog post titled “Do You Have The Right Kind of Insurance?”

Risk

Central Insurance

JUNE 20, 2025

Discover the most common risks professional offices face and learn expert-backed strategies to prevent claims, injuries, and costly disruptions to your business. The post The 7 Risks Your Professional Office Can Face—and How to Prevent Them appeared first on Central Insurance Blog.

Risk

Protect Commercial Insurance

APRIL 11, 2025

Having coverage structured according to your specific needs and risks is not just a precautionit’s a powerful business strategy. Not every potential risk is covered under a standard policy. – Data Breach Insurance : Critical for technology-reliant businesses, protecting against cyber risks.

Commercial Property

Insurance Journal

JUNE 13, 2025

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has …

Risk

Insurance Journal

JULY 30, 2025

South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in the event of anticipated future …

Building

AMAXX

FEBRUARY 24, 2025

However, there are times when the NCM doesn’t serve a specific purpose and is assigned to the claim to get it moving. Ask your third-party administrator or adjuster to work with you to determine when nurses are needed to resolve claims quickly and ensure good-quality medical care for employees.

Workers Compensation

AMAXX

JULY 22, 2025

But buried in those pages are opportunities— opportunities to catch costly errors, curb overcharges, and prevent claim bloat. High-Risk Areas: Where Overcharges Hide While billing errors can happen anywhere, certain areas are particularly vulnerable to abuse or misinterpretation: 1.

Workers Comp

AMAXX

MARCH 10, 2025

Proper layoff planning isn’t just about handling employment transitions; it’s crucial for controlling claims costs and ensuring that resources are available to support genuinely injured workers. Enhance Claims Handling Capacity Prepare for an uptick in claims by adding staff who can handle the additional workload effectively.

Workers Comp

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker

AMAXX

FEBRUARY 17, 2025

However, implementing strong communication strategies can significantly improve claim outcomes and reduce unnecessary legal battles. The 2014 Predictors of Worker Outcomes Study surveyed 4,800 injured workers across 12 states and found that fear of being fired was a major predictor of poor claim outcomes.

Workers Comp

AMAXX

JULY 17, 2025

When it comes to workers’ compensation costs, many employers focus on claims management, safety programs, and return-to-work initiatives. means fewer-than-expected claims and lower premiums. Each code reflects the inherent level of risk in that job. A roofer would fall under a higher-risk code, such as 5551 Roofing.

Workers Comp

AMAXX

JANUARY 21, 2025

By setting clear expectations, these guidelines help manage claims efficiently, promote recovery, and ensure equitable treatment for injured workers. By aligning care with proven recovery pathways, these guidelines foster a quicker return to normal activities and reduce the risk of complications or prolonged disability.

Workers Comp

AMAXX

APRIL 30, 2025

When a workers compensation claim spirals into a costly, prolonged, or litigated nightmare, most people instinctively look for a technical failure: late paperwork, a coverage issue, or a misstep by the claims adjuster. The real reason many workers comp claims go off the rails? And guess what?

Workers Comp

Boyle Agency Insurance

FEBRUARY 3, 2025

Failing to do so could leave your home underinsured in the event of a claim. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable. Ensure that contractors and workers adhere to safety guidelines to minimize the risk of accidents.

Home Insurance

AMAXX

MAY 19, 2025

The workers compensation system may feel like a complex web of insurance premiums, claims adjusters, and legal disputesbut at its core, its rooted in one simple idea: a compromise. Small companies especially found themselves at risk of being put out of operation entirely after just one major injury claim.

Workers Comp

Protect Commercial Insurance

JUNE 6, 2025

Let’s delve into why this insurance is vital for sound risk management and peace of mind. Risk Management for UK Small Businesses Managing risks is an integral part of running a successful small business in the UK. Here’s a closer look at how UK small businesses can manage potential risks effectively.

Commercial Property

Shield Insurance Agency

JUNE 19, 2025

Business insurance protects you/your business against various risks and potential financial losses that can arise from unexpected events or claims. Peace of Mind Knowing your business is protected against various risks reduces stress for business owners, allowing you to focus on growth and operations.

Business Insurance