Tue.May 13, 2025

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Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiato’s Vision

Property Insurance Coverage Law

The Senate Subcommittee on Disaster Management will hold a hearing this afternoon titled Examining the Insurance Industrys Claims Practices Following Recent Natural Disasters. Among those testifying is Mike Fiato, Executive Vice President and Chief Claims Officer at Allstate. He is a person whose leadership and messaging offer a compelling look into how large insurers publicly … The post Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiatos Vision ap

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How to Start a Clothing Boutique: Insurance Edition

Central Insurance

Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more. The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog.

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Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiato’s Vision

Property Insurance Coverage Law

The Senate Subcommittee on Disaster Management will hold a hearing this afternoon titled Examining the Insurance Industrys Claims Practices Following Recent Natural Disasters. Among those testifying is Mike Fiato, Executive Vice President and Chief Claims Officer at Allstate. He is a person whose leadership and messaging offer a compelling look into how large insurers publicly … The post Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiatos Vision ap

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Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss

Insurance Journal

The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.

Agents 290
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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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Blog Post: How AI Drives Law Firm Profitability

LexisNexis

Large law firms are exploring the potential of generative and agentic AI to improve efficiency and enhance client service, while supporting long-term profitability. Executives at leading firms expect investment in AI technologies to increase over the next five yearsa trend that is pronounced among the largest firms. Today, firm leaders arent asking whether to invest in AI, but how to invest wisely and quantify AIs business value to their unique firm.

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What Trucking Insurance Does My Company Need?

Central Insurance

Trucking companies keep goods moving and the economy growing. Whether you operate a small fleet hauling building materials or manage local deliveries, the right trucking insurance is key to protecting your drivers, vehicles, and reputation. In this post, Eddie Dreyer, commercial lines staff underwriter at Central Insurance, shares insights on the coverages every company should […] The post What Trucking Insurance Does My Company Need?

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Markets/Coverages: MGA Pen Launches Enhanced Cyber Risk Management Platform

Insurance Journal

Pen Underwriting, the London-based managing general agent, has invested in a new cyber protection platform called “Pen Protect,” which aims to equip all its cyber policyholders around the world with an exclusive, enhanced, integrated suite of risk management tools and …

Cyber 264
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PSM Local Lead Guide Now Available

PSM Brokerage

At PSM, we know that success in this business starts with visibility in your own community. Thats why were excited to announce a brand-new resource now available: The Local Lead Guide your go-to playbook for grassroots marketing and lead generation. The Local Lead Guide is a practical, customizable toolkit built to help you attract more clients in your ZIP code using tried-and-true strategies like: Building a strong local presence online Hosting educational events in your community Running simpl

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UK Watchdog Set to Ease Insurance Rules for Large Companies

Insurance Journal

The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda.

Insurance 248
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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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Blog Post: Protégé Builds on Lexis+ AI’s Economic Impact for Law Firms

LexisNexis

When Forrester Consulting released The Total Economic Impact of LexisNexis Lexis+ AI for Large Law Firms , the results were clear: legal AI delivers measurable value. Firms using Lexis+ AI saw a projected 344% return on investment over three years, gained back thousands of billable hours, and improved per-lawyer profitability by up to 4%. But those findings only capture part of the story.

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Global Banking Regulators Agree to Prioritize Climate Risk Work

Insurance Journal

Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid pushback from the United States.

Risk 246
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Five Metrics Every Employer Should Track to Master Workers’ Comp

AMAXX

You can’t improve what you don’t measure. Thats as true for workers comp as it is for fitness, finance, or sales. Yet many employers still fly blindunsure where to focus, overwhelmed by options, and frustrated by rising claim costs and stagnant outcomes. The key to turning this around is a focused, data-driven approach. With just five core metrics , you can quickly diagnose the health of your workers compensation program , prioritize where to act, and measure your progress over time.

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Conduit Re Names Eckert as CEO

Insurance Journal

CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey.

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Data Granularity Keyto Finding Less Risky Parcels in Wildfire Areas

Triple-I: Homeowners Insurance

As high-severity natural catastrophes wildfires, floods, hurricanes, and others become more frequent and more people move into riskier locales, insurance affordability and availability have become a challenge in many states. Insurers underwrite and price coverage based on the risks theyre assuming, and rising premiums in these states have pushed more homeowners into residual market mechanisms, such as state-backed insurance pools or agencies.

Risk 52
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Georgia Insurance Commissioner King Joins Race for Ossoff’s U.S. Senate Seat

Insurance Journal

Inflammatory Congresswoman Marjorie Taylor Greene won’t, but Georgia Insurance Commissioner John King will run for the U.S. Senate now held by Democrat John Ossoff.

Insurance 229
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Blog Post: Running Legal Like A Business

LexisNexis

Companies support their executives in various ways, and many are intentionally focused on improving business acumen, which elevates corporate functionality and performance. If a company is running legal like a business, then the law department must also undergo programs to improve executive performance. On April 18, 2025, in the Corporate Counsel Business Journal , editor Kristen Calve wrote this (extracted exactly from CCBJ.com): Decision fatigue isn't just annoyingit's an invisible pre

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Man Who Fell 21 Feet at Pirates Game Takes First Steps But Has ‘Long Way to Go’

Insurance Journal

The 20-year-old man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a Pittsburgh Pirates game last week took his first steps Monday but still has “a long way to go” in …

Injury 227
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How Speaking Multiple Languages Enhances Client Trust in the Insurance Sector

Agency Height

Speaking multiple languages in insurance helps build stronger client relationships, enhances trust, and improves communication. Learn more.

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United Security Insurance Expands Personal Lines Auto to Arizona

Insurance Journal

United Security Insurance Company has expanded its personal lines auto insurance product into Arizona. The product was developed by USIC and is marketed by Warrior Insurance Network. Arizona is the first state in WIN member insurance companies’ westward expansion.

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Understanding Flood Zone Determinations: Why They Matter in Lending

Unitas Financial Services

When a borrower applies for a mortgage or other real estate loan, financial institutions must assess more than just creditworthiness. One critical risk to evaluate is the potential for floodingand thats where a flood zone determination comes into play.

Risk 52
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Florida OIR Fines Centauri Specialty for Unappointed Adjusters, Other Issues

Insurance Journal

Sarasota-based Centauri Specialty Insurance, now part of Arbol’s Lilypad Insurance Holdings, used non-appointed adjusters in the wake of Hurricane Ian in 2022 and has agreed to pay a $100,000 fine to Florida regulators.

Insurer 217
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Understanding Health Insurance Options for College Students

Agency Height

Are you confused about how to stay covered while studying? Discover the best health insurance options for college studentsfrom campus plans.

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German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims

Insurance Journal

Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires this year.

Claim 214
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Insurance for College Athletes: What You Need to Know

Agency Height

Protect your future with comprehensive Insurance for College Athletescovering injuries, loss of scholarships, and career-ending risks.

Injury 52
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Grid Warns Extreme Heat Risks Summer Power Shortages in Midwest to East

Insurance Journal

PJM Interconnection LLC, the largest US electric grid serving about 20% of Americans from the Midwest to East Coast, warned that extreme heat this summer could trigger supply shortages for the first time.

Risk 204
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Insurance Marine News – Tuesday May 13th 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Insurance Marine News Tuesday May 13th 2025 appeared first on Insurance Marine News.

Marine 52
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India Approves More Russian Insurers to Provide Marine Cover

Insurance Journal

India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.

Marine 204
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Shipping bosses welcome US-China tariff pause

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shipping bosses welcome US-China tariff pause appeared first on Insurance Marine News.

Marine 52
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Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs

Insurance Journal

Starwind Specialty Insurance Services, a CRC Group company, said it has launched four insurance programs Starwind Environmental, Starwind PVT (Political Violence & Terrorism), Starwind Equipment, and Starwind Cannabis.

Insurer 200
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Syndicate Results 2024 No. 29 Sirius 1945

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syndicate Results 2024 No. 29 Sirius 1945 appeared first on Insurance Marine News.

Marine 52
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Maine Weighs What to Do When Religion Collides With Auto Insurance

Insurance Journal

Maine lawmakers today are expected to consider a measure that would allow followers of the Mennonite religion to self-insure for motor vehicle insurance. Rep.

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Swire Shipping bans carriage of donkey skins

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Swire Shipping bans carriage of donkey skins appeared first on Insurance Marine News.

Marine 52