Fri.Jun 27, 2025

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Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

Insurance Journal

The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report.

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Depreciation of Labor: Alaska Says Don’t Do It

Property Insurance Coverage Law

A new Alaska law explicitly makes it illegal to depreciate the expense of labor in residential property insurance claims unless very specific conditions are met. Section 89 of Senate Bill 132 adds a new statute to the Alaska Insurance Code: Sec. 21.60.030. Depreciation of labor. In a residential property policy, the valuation of the expense of labor … The post Depreciation of Labor: Alaska Says Don’t Do It appeared first on Property Insurance Coverage Law Blog.

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Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024

Insurance Journal

Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.

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Maximising Business Opportunities with Insurance Referral Partnerships

Protect Commercial Insurance

Introduction In the bustling world of business development, standing out is crucial. One clever way to distinguish your company is through insurance referral partnerships. These partnerships are more than just business deals; they’re a chance to broaden your network and open doors to fresh opportunities. By aligning with others, businesses can access new markets and create additional revenue streams.

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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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Flash Flooding Again Hits West Virginia Areas Trying to Clean Up from Deluge

Insurance Journal

A northern West Virginia region still cleaning up from flash flooding less than two weeks ago was hit with torrential rains that sent creeks over their banks again Thursday night.

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Global Financial Crime Watchdog Calls for Action on Crypto Risks

Insurance Journal

The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions.

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Life Insurance vs. Pension Plan in Germany: What Is the Difference?

Top Insurance Blogs

When it comes to securing your financial future in Germany, the two most frequently discussed products are life insurance and pension plans. While both provide long-term financial security, they serve very different purposes. In my years of practice as a professional insurance agent, I have seen many policyholders make uninformed choices simply because they didn’t […] The post Life Insurance vs.

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Fire in the SE Sky May be Linked to Home Damage in Georgia

Insurance Journal

An object bright enough to be seen streaking across the midday sky fell across parts of the Southeast U.S. on Thursday.

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Is Personal Accident Insurance Worth It in Germany as an Expat?

Top Insurance Blogs

When moving to Germany as an expat, securing the right type of insurance is a key step toward peace of mind. Every expat knows they need health insurance to live in Germany, but one often-overlooked policy is personal accident insurance. In a country where public safety is a priority and healthcare is mandatory, the question […] The post Is Personal Accident Insurance Worth It in Germany as an Expat?

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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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Oregon Legislature Repeals Contested Wildfire Hazard Map

Insurance Journal

Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to reduce vegetation on their properties.

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Top 7 Ways to Save Money on Your Car Insurance in Germany

Top Insurance Blogs

Are you paying too much for your car insurance in Germany and would like to learn how to save more money? You’re not alone. Many policyholders unknowingly overspend because they don’t explore all the options available. Fortunately, there are practical ways to reduce your premiums without sacrificing the coverage you need. In this blog post, […] The post Top 7 Ways to Save Money on Your Car Insurance in Germany appeared first on My Top Insurance Blogs.

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People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercial Promotes Simons as Global Head of MidCorp Underwriting

Insurance Journal

This edition of International People Moves details appointments at insurers MS Amlin and Allianz Commercial. A summary of these new hires follows here.

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Best Life Insurance for Aortic Aneurysm

RiskQuoter

Life insurance with an aortic aneurysm isn’t out of reach. In fact, many people with this condition can still qualify for affordable coverage with the […] The post Best Life Insurance for Aortic Aneurysm appeared first on RiskQuoter.com.

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Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination

Insurance Journal

Michigan Attorney General Dana Nessel announced a settlement agreement with Domtar Industries, LLC and E.B. Eddy Paper, Inc. (together, Domtar) to address releases of per- and polyfluoroalkyl substances (PFAS) at the Techni-Comp, Inc. composting site near Port Huron.

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Blog Post: 2025 Louisiana Business Laws Updated: New UCC Rules, Tax Cuts and Corporate Veil Protections

LexisNexis

By Eric Geringswald | CSC New Amendments Target Digital Assets, Corporate Tax, and Business Protections The 2025 edition of CSC’s Louisiana Laws Governing Business Entities Annotated is now available. Published in collaboration with legal publisher LexisNexis®, this comprehensive yet portable deskbook compiles the latest Louisiana statutes and regulations, helping practitioners conduct legal research, complete transactions, and advise clients with confidence.

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Willful Misconduct Alone Not Enough to Deny Workers’ Compensation

Insurance Journal

A city of Danville employee is being given another opportunity to gain workers’ compensation benefits after a deputy commissioner denied his claim because of the employee’s willful misconduct in not following driver safety rules at work.

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Blog Post: 2025 Wyoming Business Law Updates: Dissolution Rules, Disaster Loans, and Trade Name Reforms

LexisNexis

By Eric Geringswald | CSC New Laws Affect Foreign-Controlled Entities, Disaster Relief, and Trade Name Integrity In 2025, the Wyoming Legislature amended several key statutes impacting the state’s business entity laws. Notable changes include: The Secretary of State is now authorized to administratively dissolve any entity owned or controlled by a foreign adversary A new program will provide short-term bridge loans to Wyoming small businesses following declared natural disasters The Secretary of

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NTSB Blames Delayed Response for 2023 Oil Spill off Coast of Louisiana

Insurance Journal

Roughly 1.

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How Michigan Families Are Using Health Insurance to Access Top-Tier Medical Care

Shield Insurance Agency

In Michigan, families understand the importance of staying healthy and having access to reliable medical care. Whether it’s routine checkups, emergency treatments, or specialized care, health insurance plays a vital role in ensuring families can access the services they need without financial strain. Shield Insurance Agency is helping Michigan residents navigate their health insurance options to unlock top-tier medical care across the state.

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Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People

Insurance Journal

A group is ending a 20-year search for a plane that crashed into Lake Michigan in 1950, killing all 58 people on board, after sweeping the vast body of water using sonar technology and even getting support from an acclaimed …

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Louisiana Is Latest State to Redefine Natural Gas as Green Energy Under New Law

Insurance Journal

Louisiana is the latest state to redefine natural gas as green energy under a new law the Republican governor signed this week, even though it’s a fossil fuel that emits planet-warming greenhouse gases.

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China Bans Uncertified and Recalled Power Banks on Planes

Insurance Journal

China’s aviation regulator will from Saturday ban passengers from carrying power banks without Chinese safety certification markings, as well as those recently recalled by manufacturers because of safety concerns.

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