Wed.Jun 11, 2025

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Erie Insurance Reports Data Securtity Breach Caused Network Outage

Insurance Journal

On Wednesday Erie Indemnity Co. reported that the network outage that has affected all of its systems for five days and is continuing to do so was the result of a data security breach.

Insurer 232
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What is Business Income Insurance?

Central Insurance

Learn how business interruption insurance protects your business stability and income during a temporary closure. The post What is Business Income Insurance? appeared first on Central Insurance Blog.

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Another Insurer — Philadelphia Insurance— Reports Network Outage

Insurance Journal

Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online applications.

Insurer 221
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Protective Safeguard Endorsements Are Dangerous to Coverage

Property Insurance Coverage Law

Protective Safeguards Endorsements (PSEs) are a never-ending source for denials of property insurance claims. I quoted an insurance agent who warned against these endorsements in Why Are Protective Safeguard Endorsements Dangerous? An Insurance Agent’s Prospective: We have been preaching for years that you should avoid a Protective Safeguard endorsement on a Property insurance policy at all … The post Protective Safeguard Endorsements Are Dangerous to Coverage appeared first on Property In

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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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Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules

Insurance Journal

Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts.

More Trending

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US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS

Insurance Journal

U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.

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What is Captive Insurance and How Does It Work in Germany?

Top Insurance Blogs

One concept that continues to gain traction, especially among medium to large enterprises in Germany, is captive insurance. While still considered a niche in the German insurance market, captive insurance is becoming an essential risk management tool for companies looking to gain more control over their insurance needs. In this article, I will explain what […] The post What is Captive Insurance and How Does It Work in Germany?

Insurer 71
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North Carolina Auto Rates to Rise for Second Time This Year After Agreement

Insurance Journal

North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry.

Liability 147
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Markel Launches InsurtechRisk+: An Insurance Solution for Insurtech Firms

Top Insurance Blogs

Markel Insurance has announced the launch of InsurtechRisk+, a cutting-edge insurance product specifically designed to meet the unique needs of insurtech companies operating in the UK, Europe, Australia, Asia, and Canada. This innovative solution addresses growing cyber, financial, and operational risks in a rapidly evolving tech landscape. What Is InsurtechRisk+?

Cyber 66
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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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Markets/Coverages: MGA Aurora Launches Lloyd’s-Backed Property Insurance Offering

Insurance Journal

Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks.

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Crawford & Company Report Highlights Growing Pressures in Global Insurance Claims

Top Insurance Blogs

Crawford & Company, a leading global claims management provider, has released its latest industry report, revealing key trends and operational challenges that are reshaping the insurance claims environment worldwide. The report sheds light on the mounting pressures insurers and claims professionals face. Climate-Driven Catastrophes Define the “New Normal” One of the most significant takeaways from […] The post Crawford & Company Report Highlights Growing Pressures in Global Insura

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Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

Insurance Journal

Uber Technologies Inc.

Damage 147
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Home Insurance Coverage Gaps You Might Not Know Exist—Until It’s Too Late

TGS

TGS Insurance » Blog You probably think your home insurance has you covered from top to bottom—and in many ways, it does. Fire? Check. Theft? Yep. A tree falling on your roof? Most likely. But here’s the hard truth: many homeowners discover the limits of their coverage only after disaster strikes. And by then, it’s too late to do anything about it—except foot the bill.

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Ategrity Specialty Seeks $113.3 Million in IPO

Insurance Journal

Ategrity Specialty Insurance Company Holdings announced today the pricing of its expected initial public offering (IPO)of 6,666,667 shares of common stock at a public offering price of $17.00 per share.

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Berkshire Hathaway Drums Support for Liability Insurance Cover for Biotech in Australia

Top Insurance Blogs

Berkshire Hathaway Specialty Insurance (BHSI) has unveiled a new management liability insurance policy specifically designed for Australia’s life sciences, biotech, and pharmaceutical companies. This move signals a strong commitment to supporting one of the country’s most dynamic and innovation-driven industries. The policy is crafted to meet the unique governance, funding, and operational risks that research-focused […] The post Berkshire Hathaway Drums Support for Liability Insurance Cov

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King Risk Partners Enters New York With Acquisition of Cameron Group

Insurance Journal

Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercial insurance.

Risk 147
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Disasters, Litigation Reshape Homeowners’ Insurance Affordability

Triple-I: Homeowners Insurance

Rising natural disaster costs, increased home repair expenses, and legal system challenges have made homeowners’ insurance significantly less affordable across the United States over the past two decades, according to new research from the Insurance Research Council. The trend shows no signs of slowing. The financial burden of protecting one’s home has grown substantially.

Insurer 52
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Apollo to Tap Rich, Retail Clients in Asia for Asset Growth

Insurance Journal

Apollo Global Management Inc. said high-net-worth clients and access to retail investors are the biggest opportunities in Asia for growth in the coming years.

Insurer 147
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Hayden Smith Named Regional CEO of United Risk to Lead Expansion

Top Insurance Blogs

United Risk, a global leader in property and casualty insurance underwriting and distribution, has announced the promotion of Hayden Smith to Regional CEO. In his new role, Smith will be responsible for driving the company’s growth and operations across the European Union (EU), the United Kingdom (UK), the British Commonwealth, and other emerging markets.

Risk 52
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Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius

Insurance Journal

Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 40%.

Marine 147
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What You Should Know About Pet Insurance in Ontario

Top Insurance Blogs

Is pet insurance in Ontario worth it? How much is pet insurance in Canada? What are the cheapest dogs to insure? And what’s the most expensive dog to insure in Canada? The Ontario Veterinary Medical Association (OMVA) believes that buying pet insurance coverage should be a simple process. The OVMA Pet Health Insurance Program was […] The post What You Should Know About Pet Insurance in Ontario appeared first on My Top Insurance Blogs.

Insurer 59
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Long-Term Thinking and Scale Keys to Travelers Success: CEO Schnitzer

Insurance Journal

When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer that Larry Wilkinson may not have expected.

Risk 130
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Executive Interview with cysmo’s Cyber Risk GmbH Jonas Schwade

Zywave

Seeing R isk from the Outside In Cyber is in the headlines almost every day. This global market is at a moment of unmatched opportunity and growth potential, and the need for risk assessment and mitigation is more prevalent than ever before. Despite this, cyber insurance continues to face challenges in driving new market expansion. Zywave recently spoke with Jonas Schwade, CEO of cysmo Cyber Risk GmBh, who shared his thoughts on why insurers and brokers need to craft a common language on cybe

Cyber 52
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Whole Foods Supplier Hack Leaves Empty Shelves, Stalls Forklifts

Insurance Journal

United Natural Foods Inc., a grocery distributor for Amazon Inc.

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How To Make Meaningful Client Connections And Earn Customers For Life

EverQuote

Today’s marketing strategies cater toward short attention spans and feature loud, flashy advertising. But despite what you might believe based on the endless ads bombarding every online platform, game, and TV show, what your customers really crave is authentic human connection.

Insurer 52
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People Moves: Coalition Hires Derfus as Director of Capacity

Insurance Journal

Coalition hired Ilsa Derfus as its director of capacity. At Coalition, Derfus will be responsible for managing relationships with carrier partners and will serve as the primary point of contact for all capacity-related matters.

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Kevin Mead to Step Down as CEO of VCIA After Three Years

Top Insurance Blogs

Kevin Mead, CEO of the Vermont Captive Insurance Association (VCIA), has announced his decision to step down after three years in the role. The announcement was made public via an official statement from the organization. Kevin, who took the helm of the VCIA in February 2022, will continue to serve as CEO until a suitable […] The post Kevin Mead to Step Down as CEO of VCIA After Three Years appeared first on My Top Insurance Blogs.

Insurer 59
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Millions of Eggs Recalled After Dozens Sickened With Salmonella

Insurance Journal

The US Food and Drug Administration said more than 20 million eggs have been recalled after 21 people were hospitalized with salmonella. The eggs, distributed by the August Egg Company, were sold to retailers including Walmart Inc.

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China fights back in shipbuilding propaganda battle

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post China fights back in shipbuilding propaganda battle appeared first on Insurance Marine News.

Marine 52
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Washington Restaurateurs Face Felony Charges for Not Paying Employees

Insurance Journal

The former owner and manager of the Royal India Cuisine restaurants in Kirkland and Lynnwood, Washington, face multiple felony theft charges for failing to pay employees nearly $45,000 from 2021 to 2023.

Theft 130
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Panama Canal boss says MSC ports deal threatens neutrality; report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama Canal boss says MSC ports deal threatens neutrality; report appeared first on Insurance Marine News.

Marine 52
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Salmonella Outbreak Tied to Egg Recall Sickens Dozens Across 7 States

Insurance Journal

A salmonella outbreak linked to a large egg recall has made dozens of people sick in seven states in the West and Midwest, federal health officials said Saturday. The August Egg Company recalled about 1.

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