Wed.Jul 02, 2025

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Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva

Insurance Journal

Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a majority stake (68.3%) in Holos Holdings Co. Ltd., a leading retail insurance broker headquartered in Kyoto.

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Court Rules Flood Insurance Lawsuit Time-Barred: The Lesson of the One-Year Clock

Property Insurance Coverage Law

A recent decision offers lessons for policyholders under the National Flood Insurance Program. In Zozo Investments LLC and Bertie & Neeka LLC v. First Community Insurance Company, the court dismissed a breach of contract suit with prejudice, finding that the plaintiffs filed their case too late under the strict time limits imposed by federal law. 1 … The post Court Rules Flood Insurance Lawsuit Time-Barred: The Lesson of the One-Year Clock appeared first on Property Insurance Coverage

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NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate

Insurance Journal

New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry.

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Insurance Agency Workflow Automation: Boost Efficiency with These Proven Steps

InsuredMine

Why Are You An Insurance Agent? Let’s be real—no one becomes an insurance agent because they love chasing paperwork or babysitting spreadsheets. But somehow, that’s where most of us end up. Between back-and-forth emails, sticky notes, and trying to remember which client you followed up with last Thursday… it gets messy. Here’s the kicker: nearly 70% of insurance agencies still rely heavily on manual processes for client communication, renewals, and task management.

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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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Marsh McLennan Buys Excel Agency in South Florida

Insurance Journal

Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida.

More Trending

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People Moves: Liberty GTS Names Weiss Head of Americas; Arch Insurance NA Taps Kaufmann for US Marine Business; Costa to Lead Aspen Investor Relations

Insurance Journal

Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas.

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Turbocharged Takeaways: Latest Platform Updates (July 2025)

Agency Revolution

Step into July with the latest enhancements on the Agency Revolution platform, crafted to boost your agency’s success and optimize your workflow. This month, we’re thrilled to showcase advanced features like Forge’s newest Clickable Coverage® interactive graphic, new social media posts to boost engagement, and Fuse’s upgraded reporting and analytics for smarter marketing decisions.

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Claim Counts Down, Losses up for California Workers’ Comp Private Self-Insureds

Insurance Journal

California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows.

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Best Life Insurance for Leukemia

RiskQuoter

Life insurance is possible after leukemia. This guide shows how to get approved, what questions to expect, and which insurers offer the best chance. The post Best Life Insurance for Leukemia appeared first on RiskQuoter.com.

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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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Washington Commissioner Convenes Advisory Board to Eye Insurer AI Use

Insurance Journal

Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory oversight and consumer education efforts.

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Why Non-Smokers Pay Less for Life Insurance in Germany

Top Insurance Blogs

It might seem obvious that smoking is harmful to health. But what many people don’t fully understand is how deeply it influences life insurance premiums, especially in a highly regulated market like Germany. In my over 10 years of practice, one recurring pattern I’ve observed is the significantly lower cost of coverage for non-smokers. If […] The post Why Non-Smokers Pay Less for Life Insurance in Germany appeared first on My Top Insurance Blogs.

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Insurers Race to the Starting Line in the Dawn of the AI Decision Era

Insurance Journal

Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line.

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Insurance Agency Management System for Small Agencies: Growing With Eclipse

North American Software Associates

Imagine it's Friday afternoon, and you're still grinding through tedious tasks that should be streamlined. What if your small agency could end every week feeling energized about the meaningful client relationships you actually built, instead of getting bogged down in extensive busywork?

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Markets/Coverages: Hiscox Offers Digital Cover for Small Cargo, Stock Throughput Risks

Insurance Journal

Hiscox, the Bermuda-based global specialist insurer, has launched a new Cargo API (application programming interface)-based solution, available through broker partners for underwriting small cargo and stock throughput risks.

Risk 164
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My Car Was Vandalized in a Parking Lot in Berlin. Will Insurance Cover It?

Top Insurance Blogs

It was a calm Saturday evening in Potsdamer Platz, Berlin. I had just left a dinner meeting and parked my car in an underground parking lot. What happened next is something no car owner ever wants to experience. I returned to find my car vandalized; windows shattered, paint scratched with sharp objects, and one of […] The post My Car Was Vandalized in a Parking Lot in Berlin.

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Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment

Insurance Journal

Insurer Nationwide said it has completed the purchase of Allstate’s Group Health business segment for $1.25 billion. The acquisition was announced in January.

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Best Life Insurance for Anemia – What to Know Before You Apply

RiskQuoter

Life insurance with anemia is possible. See which companies approve iron deficiency, sickle cell, and thalassemia cases—and how to qualify affordably. The post Best Life Insurance for Anemia – What to Know Before You Apply appeared first on RiskQuoter.com.

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US Probes Ex-Ransom Negotiator Accused of Scheming With Hackers

Insurance Journal

Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint.

Cyber 189
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Mortgage Protection Through Life Insurance in Germany

Top Insurance Blogs

In Germany, buying a home is one of the biggest financial commitments you will ever make. For most people, securing a mortgage is a necessary step toward homeownership. However, one thing many borrowers overlook is how to protect their family and investment if the unexpected occurs. That’s where mortgage life insurance in Germany comes into […] The post Mortgage Protection Through Life Insurance in Germany appeared first on My Top Insurance Blogs.

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Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street

Insurance Journal

Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group.

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LMA releases new sanctions clause

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post LMA releases new sanctions clause appeared first on Insurance Marine News.

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Philadelphia Insurance Is Back Up and Running After Network Outage

Insurance Journal

Philadelphia Insurance reports its operations have been restored following a network outage.

Insurer 164
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Carnival sues Spain shipyard over drydock strike delay

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Carnival sues Spain shipyard over drydock strike delay appeared first on Insurance Marine News.

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Only Carrier or Comp Judge Can Determine Compensability, Fla. Appeals Court Says

Insurance Journal

An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim.

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Germany pledges additional measures to tackle shadow fleet

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Germany pledges additional measures to tackle shadow fleet appeared first on Insurance Marine News.

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Heat Waves May Cut GDP by 0.5 Percentage Point in Europe, Allianz Says

Insurance Journal

Recent heat waves across Europe could slow economic growth in Europe by half a percentage point in 2025, a report by Allianz Research showed, comparing a day with temperatures above 32 degrees Celsius to half a day of strikes.

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TT Club strengthens board

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post TT Club strengthens board appeared first on Insurance Marine News.

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Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack

Insurance Journal

A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia’s biggest breach in years and a setback for an airline rebuilding trust after a reputational crisis.

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Blog Post: How Is AI Used In Contract Management?

LexisNexis

Summary Global economics, regulatory compliance, cybersecurity, and data security and privacy concerns shaping the legal world require continuous attention to the rule of law. Contract lifecycle management in the legal department must address these issues and corporate policy. AI-driven contract management, embedded in enterprise legal management platforms, enables law departments to enhance workflows, shorten the contract management process, manage higher volumes of contracts faster, and comply

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NOAA Delays Cutoff of Key Satellite Data for Hurricane Forecasting

Insurance Journal

The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes.

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Photovoltaic Systems – Insurance for Business Installations in Germany

Top Insurance Blogs

Germany has emerged as a European leader in renewable energy, and photovoltaic (PV) systems are at the heart of this movement. Many business owners across Germany are investing in solar installations to reduce energy costs and demonstrate environmental responsibility. However, while photovoltaic systems provide long-term benefits, they also represent a significant financial investment that must […] The post Photovoltaic Systems – Insurance for Business Installations in Germany appeared fi

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California Insurance Commissioner Appoints Members to New Smoke Claims and Remediation Task Force

Insurance Journal

California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage claims …

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