Insurance Journal
MAY 2, 2025
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday.
Property Insurance Coverage Law
MAY 2, 2025
The devastating wildfires that have ravaged California in recent years show that an increasingly disturbing pattern has emerged, demonstrating that most homeowners discover they are grossly underinsured when they attempt to rebuild. A recent in-depth investigative report by theSan Francisco Chronicle,A Broken System is Keeping California Homes Underinsured.
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Insurance Journal
MAY 2, 2025
Texas Mutual Insurance Company announced that its board of directors voted unanimously to approve a $330 million general dividend distribution in 2025.
Rough Notes
MAY 2, 2025
INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Appraisal outcome freezes compensation 50 Exchange Terrace LLC sought to collect under a property policy with Mount Vernon Specialty Insurance Company (Mount Vernon) for damage to its property in Rhode Island. The policy required an appraisal if the parties disagreed on the amount of loss.
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Insurance Journal
MAY 2, 2025
Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
MAY 2, 2025
In a first-of-its kind move, Hawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet.
Property Insurance Centre
MAY 2, 2025
Business and Retail Insurance Specialists, Est. 1976 [link] Listen to Business and Retail Insurance explained by one of our directors What Is Business and Retail Insurance? Business Owners are well aware of the importance of having the correct insurance policy for their business. Business Owners not only have to think about insuring their stock or contents, but will also have to consider having the correct Liability Cover on the policy.
Insurance Journal
MAY 2, 2025
Hawaii lawmakers this week passed a bill intended to help shore up Hawaiian Electric Co.’s credit rating despite strong opposition from House and Senate committee chairs who helped vet the measure.
LexisNexis
MAY 2, 2025
By Eric Geringswald | CSC Comprehensive Coverage of Massachusetts Business Statutes and Regulations CSCs Massachusetts Laws Governing Business Entities Annotated is a comprehensive collection of annotated Massachusetts business statutes and regulations and is an essential resource for business law practitioners in the state and the region. Updated with the Latest 2025 Legislative Developments The 2025 edition is updated with the latest legislation through Chapter 1 of the 2025 Massachusetts legi
Advertiser: Trellis
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
Insurance Journal
MAY 2, 2025
Voters in Alaska, Missouri and Nebraska were asked last year whether they wanted to require employers to provide paid sick leave to their workers. They overwhelmingly said yes.
Triple-I: Homeowners Insurance
MAY 2, 2025
By Lewis Nibbelin, Contributing Writer, Triple-I The Florida Houses attempt to curtail recent legal system reforms met firm resistance from the state Senate this week, preserving the 2022 and 2023 legislation that stabilized the states property insurance market. Aiming to reinstate one-way attorney fees in insurance litigation, the House added an amendment originally part of a separate bill to an unrelated Senate bill focused on creating legal protections for owners of former mining sites.
Insurance Journal
MAY 2, 2025
A new paper from Zurich calls out an “alarmingly bleak” outlook thanks to climate change driving the frequency and intensity of extreme weather and increasing the likelihood of natural catastrophes.
Rough Notes
MAY 2, 2025
INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS No joy for surviving spouse Alan Stroud bought a 20-year term life policy with a $60,000 death benefit from Ozark National Life Insurance Company agent Gene Spoon in 2002. Cathy L. Stroud, Alans wife, was the sole beneficiary named in the policy.
Insurance Journal
MAY 2, 2025
Uber Technologies said on Thursday it will partner with self-driving technology startup May Mobility to deploy thousands of self-driving vehicles on its ride-hailing platform across U.S. cities, starting with Arlington, Texas, by late 2025.
Rough Notes
MAY 2, 2025
INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Liberal interpretation of pollution exclusion Seventeen-year-old Josiah Wheeler rented a cabin in Tok, Alaska, that was owned by Deborah Overly and Terry Summers. Wheeler was found dead in the cabins bathtub, and an autopsy revealed that he had died of acute carbon monoxide poisoning.
Insurance Journal
MAY 2, 2025
Attendees of the RIMS’ Riskworld annual conference in Chicago will have an opportunity to meet a cohort of aspiring risk management professionals, who are participating in a global university competition.
Insurance Journal
MAY 2, 2025
At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based excess and surplus carrier’s claims processing with new technologies.
Insurance Journal
MAY 2, 2025
Even as auto insurance rates level out, drivers are still looking for a better deal. The rate of U.S.
Insurance Journal
MAY 2, 2025
During a Senate committee hearing focusing on insurance and loss mitigation efforts, industry representatives said that all levels of government play a role.
Insurance Journal
MAY 2, 2025
Britain’s Marks & Spencer entered a second week unable to take online clothing and home orders on Friday following a major cyberattack, hitting sales of new season ranges as the country basks in record temperatures.
Insurance Journal
MAY 2, 2025
Liberty Mutual Insurance has announced a multiyear partnership with the New York Liberty women’s basketball team. As part of the partnership, the Liberty Mutual logo will be prominently displayed on all Liberty jerseys beginning with the 2025 season.
Insurance Journal
MAY 2, 2025
Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London’s Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle.
Insurance Journal
MAY 2, 2025
Acrisure Announces Rebranding of UK Retail Broker Sutton Winson Sutton Winson has officially become the first of Acrisure’s nine retail insurance brokers to rebrand in the UK and has been legally renamed as Acrisure UK Broking Ltd.
Insurance Journal
MAY 2, 2025
London department store Harrods said on Thursday hackers had attempted to break into its systems, the third high-profile cyber attack on a UK retailer in two weeks, following incidents at Marks & Spencer and the Co-op Group.
Insurance Journal
MAY 2, 2025
Norfolk Southern began making promises to East Palestine, Ohio, soon after its train derailed and caught fire in February 2023.
Insurance Journal
MAY 2, 2025
Adult children and parents of young adults who died under medical care will soon be able to recover punitive and pain-and-suffering damages in medical malpractice lawsuits if Florida Gov. Ron DeSantis signs a bill into law.
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