Wed.May 21, 2025

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New Teen Driver? Here’s What You Need to Know About Safety—and Your Insurance Rates

Central Insurance

Learn how the teenSMART program improves teen driver safety and may help lower your auto insurance premium with Central. The post New Teen Driver? Heres What You Need to Know About Safetyand Your Insurance Rates appeared first on Central Insurance Blog.

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Why Most Insurance Agencies Fail Policyholders: Christopher Boggs Exposes the “Half-Donkeyed” Truth

Property Insurance Coverage Law

Boggs continues to distinguish himself as one of the most candid, insightful, and impactful educators in the insurance industry. His recent LinkedIn article, Are You Running a Half-Donkeyed Insurance Agency, is not only sharply written but rings with truth that every insurance professional, especially those in agency leadership, should reflect upon.

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Hack of Contractor Was at Root of Massive Federal Data Breach

Insurance Journal

A software company that handles sensitive data for nearly every US federal agency was the victim of a cyber breach earlier this year due to a “major lapse” in security measures, according to documents reviewed by Bloomberg News.

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Why Most Insurance Agencies Fail Policyholders: Christopher Boggs Exposes the “Half-Donkeyed” Truth

Property Insurance Coverage Law

Boggs continues to distinguish himself as one of the most candid, insightful, and impactful educators in the insurance industry. His recent LinkedIn article, Are You Running a Half-Donkeyed Insurance Agency, is not only sharply written but rings with truth that every insurance professional, especially those in agency leadership, should reflect upon.

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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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While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance

Insurance Journal

More than two months after a tornado demolished his Mississippi home, Brian Lowery still sifts through the rubble, hoping to find a tie clip his mother gave him, made from the center stone of her wedding band.

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Marks & Spencer Says Cyberattack to Cost £300 Million

Insurance Journal

Marks & Spencer Group Plc is facing a 300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that’s still disrupting the company’s sales and operations.

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Who Really Pays for Workers’ Comp? Debunking a Common Myth

AMAXX

Ask the average employee who pays for workers compensation, and you might hear answers like the insurance company, the government, or even nobodyits just a benefit. These misconceptions are widespreadand costly. In reality, the employer foots the bill for every dollar spent in the workers compensation system. Understanding who truly pays for workers comp is more than a technicalityits a mindset shift that unlocks better program management, smarter spending, and improved outcomes for injured work

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State Farm Still Wants a 30% Rate Increase in California

Insurance Journal

State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an interim deal …

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Boat insurance?​

Shield Insurance Agency

Does Michigan require boat insurance? While Michigan law does not mandate boat insurance, we highly recommend it to all of our clients. Michigan is wellknown foritsboating enthusiasts. Wehave over10,000lakes and miles of Great Lakes shoreline. Despite being freshwater, the Great Lakesare also known as “inland seas”. This is because theypresent similar risks to ocean boating, including significant waves, strong currents, and considerable depths.

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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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Judge Rejects Vanguard $40 Million Mutual Fund Settlement, Cites SEC Accord

Insurance Journal

A federal judge on Monday rejected Vanguard Group’s $40 million settlement with investors who claimed the mutual fund giant stuck them with inflated tax bills in its popular target-date funds. U.S.

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The Impact of the Horsepower of Your Car on Insurance Rates in Germany

Top Insurance Blogs

As a licensed car insurance agent in Germany with over 10 years of experience and a driver with two decades behind the wheel, Ive had countless discussions with clients about what truly influences their car insurance premiums. One of the most overlooked yet critical factors when choosing an insurance policy is the horsepower (PS, or […] The post The Impact of the Horsepower of Your Car on Insurance Rates in Germany appeared first on My Top Insurance Blogs.

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Austin, Texas Bar to Pay $42K Over Pregnancy Discrimination Lawsuit

Insurance Journal

Corner Bar, which operates on South Lamar Boulevard in Austin, Texas, will pay $42,000 and provide other equitable relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced.

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Turning Negative Feedback into Positive Change: A Guide for Insurance Agencies

Agency Revolution

Turning Negative Feedback into Positive Change When we talk about reviews, you almost always think about positive, 5-star reviews. Yes, its essential to any insurance agencys marketing strategy to collect reviews to build your brand, enhance SEO rankings, and showcase your credibility. What you dont see talked about often enough are negative reviews and how you should handle them as a business.

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AI Regulation Ban Meets Opposition From State Attorneys General

Insurance Journal

A Republican proposal to block states from regulating artificial intelligence for 10 years drew opposition on from a bipartisan group of attorneys general in California, New York, Ohio and other states that have regulated high-risk uses of the technology.

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Setting Yourself Up to Succeed as an Insurance Broker or Agent

Word & Brown

When youre starting your career as an insurance sales professional, there are many things to consider. Do you want to work for yourself or for someone else? What type of insurance do you want to sell? There are many segments of the insurance marketplace. Do you want to be a captive insurance agent (selling policies for a single insurer)? Or would you prefer being independent with the ability to sell a wider range of insurers products?

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Global Forest Loss Tops Record as Wildfires Drive Destruction

Insurance Journal

Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023.

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Using Responsibility to Teach Real-World Money Skills

Top Insurance Blogs

If youve ever handed your child a few dollars at the store or watched them agonize over which toy to buy with their allowance, youve already witnessed the beginnings of financial literacy. These small, everyday choices are more powerful than they seem, acting as building blocks of lifelong money skills. By helping them take up […] The post Using Responsibility to Teach Real-World Money Skills appeared first on My Top Insurance Blogs.

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Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024

Insurance Journal

Direct written premiums in the U.S. homeowners insurance market rose more than 13 percent in 2024, and the net combined ratio for the line fell below breakeven for the first time in five years.

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Grilling Safety Tips for a Secure Memorial Day BBQ

TGS

TGS Insurance Blog Memorial Day weekend marks the start of summer, with backyards filled with the aroma of sizzling burgers and the buzz of friends and family gathered for a festive BBQ. This holiday is a time to honor, celebrate, and enjoy good company, but hosting a successful barbecue requires more than just a perfect playlist and a well-stocked cooler.

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California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case

Insurance Journal

The owner of a San Jose-based security company was sentenced after a California Department of Insurance investigation reportedly uncovered a multiyear scheme to underreport payroll and avoid paying workers’ compensation insurance premiums.

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Does Homeowners Insurance Cover Tornado Damage? Find Out Before the Storm Hits

Agency Height

Does homeowners insurance cover tornado damage? Learn whats included, whats excluded, and how to protect your home from.

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New Salmonella Outbreak Tied to Same Florida Grower With Cucumbers Last Year

Insurance Journal

U.S. health officials are investigating a new outbreak of salmonella illnesses tied to a Florida grower whose tainted cucumbers were linked to more than 550 illnesses last year.

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How Regular Equipment Maintenance Can Help Prevent Costly Claims

Mark Jackson Insurance Agency

Front-end loader in front of rocks by Pixabay For many businesses, equipment is the engine that keeps operations running. Whether its commercial HVAC units, manufacturing machinery, kitchen appliances, or company vehicles, equipment failures can bring work to a halt, and in some cases, trigger insurance claims with potentially high deductibles. Thats why regular equipment maintenance is about more than efficiency.

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Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk

Insurance Journal

Cyber insurers are offering tools that could significantly reduce your identity riskbut most organizations aren’t using them. One of the most significant advancements in the sector is the increased emphasis on loss control services.

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Distinguished Programs Partners with Johnsonese Brokerage LLC as Endorsed Insurance Provider for National Independent Talent Organization

Distinguished

NEW YORK — Distinguished Programs (Distinguished), a leading insurance program administrator, has partnered with Johnsonese Brokerage LLC (Johnsonese) as an endorsed insurance provider for the National Independent Talent Organization (NITO). The partnership aims to deliver specialized insurance solutions to talent representatives and touring artists, with a focus on protecting musical instruments and supporting the broader creative community.

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Amazon’s Zoox Expands Robotaxi Trials to Rival Turf in Atlanta

Insurance Journal

Amazon.com Inc.’s Zoox is expanding testing of its autonomous driving technology to Atlanta, moving in on a market where Alphabet Inc.’s Waymo is expanding with Uber Technologies Inc.

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Best Long Term Care Insurance In Tennessee (Rates from $152/month!)

Simply Insurance

Maintaining excellent health and aging gracefully is crucial for having a good standard of living as we get older. However, there's a 70% chance that if you turn 65 today, you will require some long-term care service sooner or later. And with the three-year average cost of long-term care coverage in Tennessee being $246,375 , it's crucial to find the most cost-effective LTC insurance quote.

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Washington Insurance Commissioner Issues $500K in Fines; $250K Fine for Unlicensed Insurer

Insurance Journal

Washington’s insurance commissioner issued more than $500,000 in fines for insurance law violations, including $250,000 against an unlicensed insurer and $30,000 for illegal pet insurance sales.

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Navigating The Hard Market: Talking Points For Insurance Professionals

Zywave

As premiums rise, capacity tightens, and overall risk continues to escalate, clear communication and a deeper understanding of the market have become more critical than ever. Zywave’s sales and content development leaders hosted a can’t-miss session covering key talking points that resonate with clients and support relationship management during tough market conditions.

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Acrisure Secures $2.1 Billion Funding Round for M&A, Tech

Insurance Journal

Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital.

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Marine round-up : 22nd May 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 22nd May 2025 appeared first on Insurance Marine News.

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Radio Calls for Help Sent 45 Seconds Before Mexican Ship Hit Brooklyn Bridge

Insurance Journal

The Mexican navy tall ship that struck the Brooklyn Bridge was underway for less than 5 minutes before its masts crashed into the historic span, and radio calls indicating it was in distress went out only 45 seconds before the …

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