Fri.Aug 01, 2025

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KCC Completes Review of California Wildfire Model

Insurance Journal

The California Department of Insurance completed a review of the KCC US Wildfire Reference Model Version 3.0, making it the state’s second wildfire catastrophe model.

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Smoke, Ash, and Denials: FAIR Plan Faces Legal Fire Over Wildfire Smoke Damage Claims

Property Insurance Coverage Law

The California Department of Insurance has taken an aggressive step to protect wildfire survivors, filing an Order to Show Cause against the California FAIR Plan Association for systematically denying and limiting smoke damage claims. 1 Commissioner Ricardo Lara announced the action in a press release following a surge of consumer complaints from residents affected by … The post Smoke, Ash, and Denials: FAIR Plan Faces Legal Fire Over Wildfire Smoke Damage Claims appeared first on Property

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AXA Insurance Wins Legal Battle Over Voided Property Insurance Policy

Top Insurance Blogs

AXA Insurance UK PLC has secured a significant legal victory in a commercial property insurance case that’s sending ripples through the UK insurance sector. On July 31, 2025, the High Court in London ruled in favour of AXA in the case brought by Mode Management Ltd and property owner Gary Tregunno. At the heart of […] The post AXA Insurance Wins Legal Battle Over Voided Property Insurance Policy appeared first on My Top Insurance Blogs.

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‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers

Insurance Journal

A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon.

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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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Gallagher Reports Robust Q2 2025 Earnings Amid Strong Insurance Market Dynamics

Top Insurance Blogs

Arthur J. Gallagher & Co., a global leader in insurance brokerage and risk management services, has announced impressive financial results for the second quarter of 2025. With significant growth in key financial metrics and continued momentum in strategic acquisitions, the company is solidifying its position in the global insurance and risk advisory landscape.

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Life vs. Long-Term Care Insurance in Canada: What Is the Difference?

Top Insurance Blogs

It’s a common dilemma and one that can significantly affect your financial security and your family’s well-being. While both life and long-term care insurance policies in Canada are designed to protect you and your loved ones, they serve very different purposes. Let’s break it down clearly and honestly, so you can make an informed choice […] The post Life vs.

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BUILD YOUR COMMERCIAL BUSINESS IN 10 SMART STEPS

Rough Notes

From up-front planning to ongoing assessment, here’s advice to expand your agency’s reach By Mark Brandt Any task is easier when you break it into manageable steps. If you want to open a commercial insurance agency (or expand your personal lines agency into commercial lines), the following 10 steps can help you achieve success.

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Legal Risks Seen Accelerating Climate Adaptation Plans

Insurance Journal

Countries that fall short in efforts to limit global warming to 1.5°C face growing legal risks that could push them to accelerate climate adaptation efforts.

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What to Do When the Doctor Won’t Release the Injured Worker to Return

AMAXX

A common (and frustrating) obstacle in workers’ compensation management is this scenario: An employee is injured. The employer has a transitional duty program ready. But the treating physician says, “No work until further notice.” End of story—at least, that’s how it feels. Unfortunately, many employers accept this without question, assuming they have no choice but to wait.

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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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CYBER INSURANCE

Rough Notes

Cyber catastrophes prompt a second look at connectivity By Joseph S. Harrington “Having too much interconnectivity is not good.” That statement by Jeff Kulikowski, executive vice president and cyber/professional liability lead for Westfield Specialty, might be a little jarring to some people.

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Turbocharged Takeaways: Latest Platform Updates (August 2025)

Agency Revolution

As we advance into August, we wanted to highlight some of the latest and greatest additions and enhancements to the Agency Revolution platform, inspired by the feedback, insight, and ideas from our community of insurance agencies. This month, we’re excited to introduce website content editing on Forge, fresh social media posts to boost engagement, and Fuse’s enhanced analytics dashboard for smarter marketing decisions.

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People Moves: QBE Hires ERGO’s Peerdeman to Launch Marine Insurance in Netherlands; HDI Global Appoints 2 New Leaders in Long-Tail Segment

Insurance Journal

This edition of International People Moves details appointments at QBE and HDI Global. A summary of these new hires follows here.

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REMOVING FRICTION FROM INSURANCE DATA MANAGEMENT

Rough Notes

In an environment of endless streams of data, Aclaimant has found a way to deliver automated data collection and transformation, removing errors and overload By Lori Widmer David Wald recognized fairly quickly that the insurance industry was suffering from what he calls “dirty data.

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AXA Shares Decline on Net Income Miss, Italian Takeover

Insurance Journal

AXA SA fell the most in almost four months after profit missed estimates and the French insurance group agreed to buy a majority in Italian car insurer Prima Assicurazioni.

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BOOST COMMERCIAL LINES PROFITABILITY

Rough Notes

Free digital tools that can help agents tackle the market By Kathy Hrach The insurance industry is constantly evolving, shaped by customer expectations and the dynamic relationships between agents and insurance carriers. This is especially true in the commercial lines market.

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The Real Cost of Manual Rating and Quoting in 2025

Insurance Journal

This post is part of a series sponsored by Expert Insured. Every minute your team spends manually quoting is a minute lost to your competition. Whether you’re an MGA, wholesaler, or carrier, manual quoting isn’t just inefficient-it’s expensive.

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PERSISTENCY PAYS OFF

Rough Notes

This Tennessee agency takes the time to build strong, lasting relationships “We’ve focused on making the agency an attractive place to work by maintaining an organization where all employees are a valued, integral part of the team.” —Chip Piper Vice President By Dennis H.

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Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance

Insurance Journal

Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder.

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The Farmowners Policy: A Personal/Commercial Hybrid

Rough Notes

Farm Ag conference sessions go “back to the basics” By Christopher W. Cook Earlier this year, I attended the Big “I” Indiana Farm Ag Conference. The discussion topics piqued my interest. While I spent most of my life in the Indianapolis suburbs, in 2013 I married a farmer’s daughter from Northwest Indiana.

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Lenders Get Reprieve in UK Motor Finance Case From Top Court

Insurance Journal

A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed to rein in a lower court’s ruling that could have cost the banks billions more in consumer payouts.

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QBE Appoints Paul Peerdeman as Head of Marine Underwriting in the Netherlands

Top Insurance Blogs

QBE has officially announced the appointment of Paul Peerdeman as the new head of marine underwriting for the Netherlands, strengthening its push into the Dutch marine insurance market. With over 35 years of hands-on experience in marine insurance, Peerdeman is well-positioned to lead this strategic expansion. He will assume his new role starting August 1, […] The post QBE Appoints Paul Peerdeman as Head of Marine Underwriting in the Netherlands appeared first on My Top Insurance Blogs.

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4 TIPS FOR HIRING AN AI-MINDED TEAM

Rough Notes

To stay competitive, your firm will need to harness the full potential of the most current insurtech tools By Michael Streit From streamlining claims processing and renewals to enhancing customer interactions, artificial intelligence (AI) and automation are transforming how insurance is delivered and experienced.

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Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024

Insurance Journal

Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology.

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THE DATA-POWERED DESK

Rough Notes

Bringing clarity to every role in the agency By Anupam Gupta Digging through piles of paper reports or wrestling with spreadsheets just to figure out what is really going on in your insurance agency feels a bit like trying to find a specific document in a chaotic, unorganized office.

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Bayer Adds $1.37 Billion to Reserves for Ongoing Roundup Litigation

Insurance Journal

German pharmaceutical and biotechnology group Bayer said on Thursday it had set aside an additional 1.2 billion euros ($1.37 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup.

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Remembering Walt

Rough Notes

REMEMBERING WALT Memories from employees, associates, and other friends “Walt inspired so many of us—not only through Rough Notes, but through his immense contributions of time, talent, and treasure to countless nonprofits in his community and beyond.

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BHP, Vale Accused of ‘Cheating’ UK Law Firm out of $1.7 Billion in Fees

Insurance Journal

BHP and Vale are facing a London lawsuit from the law firm representing hundreds of thousands of people over Brazil’s worst environmental disaster, alleging the companies sought to cheat the firm out of legal fees by procuring settlements.

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WHY THOUGHT LEADERSHIP ISN’T JUST FOR EXECUTIVES

Rough Notes

It’s not about having all the answers, but rather inviting others into the conversation By Lindsay Wallace When we picture “thought leaders,” our minds often go to seasoned executives being interviewed on the news, writing books, or getting quoted in industry magazines.

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Trump Hits Dozens More Countries With Steep Tariffs

Insurance Journal

U.S. President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead with plans to reorder the global economy.

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Trump Tariff Blitz Unleashes Delayed Shock to Global Economy

Insurance Journal

Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors.

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Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station

Insurance Journal

An Indianapolis man has been sentenced to eight years in federal prison after pleading guilty to setting fire to an IndyGo bus and bus station, causing approximately $1.8 million in damage.

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Radioactive Wasp Nest Found at SC Site Where US Once Made Nuclear Bombs

Insurance Journal

COLUMBIA, S.C. (AP) — Workers at a site in South Carolina that once made key parts for nuclear bombs in the U.S. have found a radioactive wasp nest but officials said there is no danger to anyone.