Insurance Journal

JULY 31, 2024

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust Commercial Insurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …

Workers Comp 278

Workers Comp Casualty Insurance Commercial Insurance Commercial 278

Property Insurance Coverage Law

MARCH 6, 2025

It ensures that insurance companies fulfill their obligations promptly and fairly. The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders.

Commercial Property 138

Commercial Property Policyholder Commercial Property Insurance 138

Insurance Journal

JULY 23, 2024

Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance. It works with US insurance companies, helping them streamline the …

Commercial Insurance 273

Commercial Insurance Commercial Insurance Industry Insured 273

Property Insurance Coverage Law

MARCH 6, 2025

It ensures that insurance companies fulfill their obligations promptly and fairly. The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders.

Commercial Property 124

Commercial Property Policyholder Commercial Property Insurance 124

Insurance Journal

JANUARY 17, 2025

Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial, and personal policies, have finalized their affiliation agreement based on regulatory approval from the Wisconsin Office of the Commissioner of Insurance (OCI) …

Commercial 246

Commercial Insurance Companies Policy Insurance 246

Insurance Journal

DECEMBER 3, 2024

Despite continued uncertainty over the future of federal tax rules on micro-captive insurance companies, the instruments seem to be increasingly popular for small businesses, especially in Florida, where rates for traditional commercial insurance have soared in recent years. SRA 831(b) …

Commercial Insurance 260

Commercial Insurance Commercial Insurance Companies Insurance 260

Insurance Journal

DECEMBER 10, 2024

Top insurance companies suffered $10.6 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, according to Insure Our Future. Of the 28 insurers reviewed, more than … billion of climate-attributed losses this year, just shy of the $11.3

Premium 246

Premium Commercial Insured Insurer 246

Tosten Marketing

FEBRUARY 27, 2025

Water damage can wreak havoc on commercial properties, leading to costly repairs and business disruptions. At Tosten Marketing, we often hear from business owners wondering about their insurance coverage for such incidents. Commercial property insurance water damage coverage is a complex topic with many nuances.

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

Insurance Journal

MAY 18, 2025

As commercial property insurance rates moderate, the value and relevance of captive insurance companies isn’t expected to fade away. A panel of experts discussed the state and evolution of the captive sphere during a presentation at the RIMS RiskWorld conference …

Commercial Property 199

Commercial Property Commercial Property Insurance Insurance Companies 199

Property Insurance Coverage Law

JUNE 3, 2025

Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. Lexington Insurance Company, 1 recently decided by an Ohio … The post When Vandals Trigger the Sprinklers: The Battle Over Resulting Losses appeared first on Property Insurance Coverage Law Blog.

Commercial Property 100

Commercial Property Property Damage Property Insurance Commercial 100

Central Insurance

DECEMBER 25, 2024

Learn essential loss control strategies to protect tow truck insurance companies from costly claims. The post Loss Control Tips to Protect Tow Truck Insurance Companies from Costly Claims appeared first on Central Insurance Blog. Explore safety tips, training, and maintenance to minimize risks.

Insurance Companies 130

Insurance Companies Protection Claim Insured 130

Insurance Journal

AUGUST 14, 2024

A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for his own use. Dwayne Peterson Davis, 54, of Atlanta, was a business partner with GEICO in a multimillion-dollar commercial development …

Commercial 298

Commercial Insurance Insured Insurer 298

The Property Insurance Law Observer

SEPTEMBER 16, 2024

Liberty Mutual Insurance Company , the U.S. Court of Appeals reviewed a summary judgment ruling in favor of co-defendant West American Insurance Company (“West American”), issued by the U.S. In J&S Welding, Inc. District Court for the Western District of Tennessee.

Insurance Companies 130

Insurance Companies Damage Insured Insurer 130

Property Insurance Coverage Law

NOVEMBER 11, 2024

A recent federal appellate decision serves as a stark reminder for property managers about the importance of properly structuring insurance coverage for their property owner clients. In Sky Harbor Atlanta Northeast, LLC v.

Commercial 100

Commercial Insured Insurer Insurance 100

Insurance Journal

JULY 18, 2024

Four insurance companies, unable to escape a duty to defend a New York hotel where a young woman was secretly videotaped in the shower in 2015, have reached a settlement in the case that made headlines around the world. Citizens …

Insurance Companies 264

Insurance Companies Insured Insurer Insurance 264

Insurance Journal

JULY 29, 2024

Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals” found in fire-stopping foam, Tyco has reached a tentative settlement with one of its insurance companies. “…We write jointly on …

Insurance Companies 264

Insurance Companies Insured Insurer Insurance 264

The Property Insurance Law Observer

MAY 12, 2025

State Farm Mutual Automobile Insurance Company , 2025 WL 416814 (9th Cir. In Comprehensive Medical Center, Inc.

Commercial Property 100

Commercial Property Damage Insurance Claim Claim 100

Insurance Journal

FEBRUARY 26, 2025

After a fire broke out at an Oklahoma motel in June 2020, the property owner submitted a loss claim to its surplus lines insurer only to find the insurer denied the claim on the assertion that a commercial lines …

Commercial 140

Commercial Insured Insurer Insurance 140

Zywave

FEBRUARY 10, 2025

Web Connectivity Limited (WCL) has been providing Digital Transformation and Process Automation SaaS solutions to the Global (Re)Insurance market for more than 20 years. WCL is the back-office software and systems integrator for large commercial insurance companies that creates greater process efficiencies.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Companies Claim 52

Protect Commercial Insurance

NOVEMBER 8, 2024

Introduction Running a business comes with its fair share of expenses, and one of those is commercial insurance. This guide will teach you practical ways to save money on your commercial insurance. Having the right insurance policy is vital for the continuity and smooth operation of any business. The good news?

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Protect Commercial Insurance

OCTOBER 11, 2024

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

Commercial Property 52

Commercial Property Commercial Insurance Policy Policy 52

Protect Commercial Insurance

JULY 26, 2024

Welcome to our blog post on how to maximise your business growth by securing the right commercial tailors insurance. In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker.

Commercial 52

Commercial Insurance Broker General Liability Business Interruption 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Amidst these myriad responsibilities, finding the time and expertise to secure the optimum insurance cover can be a challenge.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 52

Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.

Commercial Insurance 52

Commercial Insurance Commercial Insured Insurer 52

Friendly Agent

SEPTEMBER 11, 2020

What is an insurance carrier appointment? Insurance carrier appointment means an insurance company is giving you the authorization to sell their insurance product. How long does it take to get appointed with an insurance company? Below we have provided inputs from experts in insurance agency space. “1.

Insurance Carrier 130

Insurance Carrier Agents License Insured 130

Jackson & Jackson

APRIL 29, 2024

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

Commercial Property 52

Commercial Property Property Insurance Commercial Deductible 52

The Property Insurance Law Observer

AUGUST 1, 2024

In Zurich American Insurance Company v. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. 2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

Building 130

Building Commercial Property Damage Policy 130

Distinguished

MAY 19, 2025

Key benefits include: Property Coverage BOPs includes commercial property coverage, protecting business personal property and building structures against covered losses like fire, theft, or vandalism. A critical component of property insurance for restaurants is business income coverage.

Policy 40

Policy Business Owners Policy General Liability Liability 40

Insurance Journal

OCTOBER 31, 2024

Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the proceeds to only one of them, a federal appeals court decided this week. 11th Circuit Court of Appeals …

Insurance Carrier 264

Insurance Carrier Insured Insurer Insurance 264

Simply Insurance

JUNE 9, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Credit History - You have a distinct credit score for insurance products developed specifically for you.

Insurance Quotes 52

Insurance Quotes Life Insurance Insured Insurer 52

Distinguished

APRIL 29, 2025

Environmental hazards, coupled with the challenges of managing tenants, make landlord insurance an essential investment. Insurance companies and brokers play a key role in mitigating these risks by offering specialized landlord policies. How Much Does a Landlord Insurance Policy Cost in Colorado?

Liability 52

Liability Financial Loss Insured Insurer 52

Frankenmuth Insurance

JANUARY 9, 2025

Wondering how to choose an insurance agent? Agents who represent only one insurance company are called direct or captive agents. If you know you want a certain brand of insurance, a direct agent can work for you, but be sure to get a detailed quote first. Some offer property and casualty insurance, but not life insurance.

Insurance Agent 101

Insurance Agent Insurance Agents Agents License 101

Property Insurance Centre

JANUARY 4, 2024

. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” To offset these challenges, reinsurers are passing costs down to primary insurance companies.

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Shield Insurance Agency

AUGUST 20, 2024

One major consequence of filing small insurance claims is the potential for increased insurance premiums. When you file a claim, it signals to the insurance company that you are more likely to cost them money in the future. As a result, the insurance company may raise your premiums to offset the potential risk.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Friendly Agent

SEPTEMBER 21, 2020

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

Cowbell

NOVEMBER 26, 2024

Pytel has served as Director of Digital Marketing & Brand since joining the company in January 2023. With over two decades of experience leading domestic and international marketing teams at specialty insurance companies, Thomas is uniquely positioned to help Cowbell scale during this next phase of our journey.

Cyber 52

Cyber Building Commercial Insurance Policyholder 52