Mon.May 05, 2025

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Spain Discloses New Power Grid Failure on Day of the Blackout

Insurance Journal

Spain’s high-voltage electricity grid suffered more power generation disruptions than previously known ahead of the country’s largest ever blackout, the government said.

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ONE factors global uncertainty into FY2025 forecast

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post ONE factors global uncertainty into FY2025 forecast appeared first on Insurance Marine News.

Marine 95
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Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate

Insurance Journal

Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off.

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Gard says limits on phone usage are needed for seafarers’ safety

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard says limits on phone usage are needed for seafarers safety appeared first on Insurance Marine News.

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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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Florida Bill Passes Making it Easier for Agents to Seek Surplus Lines Coverage

Insurance Journal

Starting July 1, Florida insurance agents will no longer need to make a “diligent effort” to find coverage for hard-to-place properties before turning to surplus lines insurance if the governor signs House Bill 1549 into law.

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Space X Workers in South Texas Approve Measure to Incorporate Area as a New City

Insurance Journal

Elon Musk’s wish to create his own city just came true. On Saturday, voters living around SpaceX’s rocket testing and launch facility in South Texas approved a measure to incorporate the area as a new city.

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Temporary Car Insurance: Everything You Need to Know Before You Buy

Agency Height

Are you looking for temporary car insurance? Discover how short-term coverage works, who it's for, and how to find the best.

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Money Laundering Risks Remain High in Switzerland, Financial Regulator Says

Insurance Journal

Money laundering and cyber risks remained high in Switzerland, the head of the country’s financial market regulator said on Monday, while there was an increasing risk of individuals and trying to get around financial sanctions on Russia.

Risk 237
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Product tanker damaged and three crewmembers injured in US strike on Ras Isa port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Product tanker damaged and three crewmembers injured in US strike on Ras Isa port appeared first on Insurance Marine News.

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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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Q1 Net Income at CNA Financial Down 19%

Insurance Journal

CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago.

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War risk programme proposed by Danish government

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post War risk programme proposed by Danish government appeared first on Insurance Marine News.

Risk 71
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Man Who Fell 21 Feet to Warning Track at Pittsburgh Ballpark Improving

Insurance Journal

The man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a game between the Pittsburgh Pirates and the Chicago Cubs on Wednesday night is awake and alert.

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How Does Landlord Insurance Work?

Simply Insurance

How does landlord insurance work? Discover the essentials of landlord insurance and how it protects rental property owners from potential risks.

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Ex-State Trooper Found Guilty of Taking Bribes to Pass Commercial Drivers

Insurance Journal

A former Massachusetts state police sergeant was found guilty Friday of taking part in a scheme to take bribes, including a new snowblower and a driveway, in exchange for giving passing scores on commercial driving tests.

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Marine round-up : 6th 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 : 6th May 2025 appeared first on Insurance Marine News.

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11 Face Charges in NY School Hazing That Allegedly Included Staged Armed Abduction

Insurance Journal

Members of a high school lacrosse program in upstate New York are accused of staging an armed abduction of younger players in a stunt that “went way beyond hazing,” prosecutors said this week.

Liability 200
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Syndicate Results 2024 No. 23 Asta 1796

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. 23 Asta 1796 appeared first on Insurance Marine News.

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UK Minister Tells Businesses to ‘Wake Up’ After Marks & Spencer Hack

Insurance Journal

A senior UK minister [this week] will warn businesses to protect themselves against cyber threats after a spate of attacks on retailers including Marks & Spencer Group Plc.

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Incident confirmed on Maersk Sana in Atlantic

Insurance Marine News

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ICE Joins DeSantis in Touting Record Number of Arrests of Illegal Immigrants

Insurance Journal

MIRAMAR, Fla. (AP) A record 1,120 people accused of being in the U.S.

Insurance 189
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Whole Life vs. Term Life

Boyle Agency Insurance

Unsure whether whole life or term life insurance is right for you? Dive into the details of coverage, costs, pros & cons, and discover the perfect insurance fit for your future. Life insurance can seem like a labyrinth of confusing terms and options. But in the grand scheme of securing your loved ones’ future, navigating it is crucial. Two of the most common choices are whole life and term life insurance, each catering to distinct needs and budgets.

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Insurers Paid $612M on Kansas Storm Damage Claims in 2024

Insurance Journal

Kansas Insurance Commissioner Vicki Schmidt released data last month on the amount paid by insurance companies for Kansas storm damage claims in 2024.

Damage 179
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GAZA ship attacked

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post GAZA ship attacked appeared first on Insurance Marine News.

Marine 52
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TikTok Fined €530 Million for Illegally Sending EU Data to China

Insurance Journal

TikTok owner ByteDance Ltd. was fined 530 million ($600 million) by the European Union for illegally sending user data to China, and warned that it didn’t do enough to keep that information out of reach from Chinese state services.

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Vacancy, Occupancy, and Arson Will Always Invite Coverage Issues

Property Insurance Coverage Law

A federal Arkansas court issued a recent ruling that reminds everyone in the property insurance claims business of the serious consequences policyholders face when the insured building is vacant or unoccupied. 1 Kenneth Milligan purchased a long-vacant house for $7,000 and immediately obtained a landlord insurance policy from Travelers Personal Insurance Company.

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Hub Acquires Allegiant Global Partners of Massachusetts

Insurance Journal

Global insurance broker Hub International Limited reported it has acquired the assets of Allegiant Global Partners, Inc. (AGP) of Boston. AGP is a health, welfare and risk consulting firm serving global employers.

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Fujian Highton seals four-ship sale and leaseback

Splash: Finance and Insurance

Chinese bulker owner and operator Fujian Highton Development has struck a sale and leaseback deal for four recently-purchased vessels. The fast-growing Shanghai-listed company is selling a pair kamsarmax and panamax bulkers each to compatriot lessor Xiamen Xiangyu Financial Leasing for $59.2m.

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TWFG Acquires Agencies in Texas and North Carolina

Insurance Journal

TWFG, Inc., a high-growth insurance distribution company, announced the acquisition of two agencies, one in Texas and one in North Carolina, and the hiring of Denise Davis as Vice President of Retail Operations.

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Seacon seals lease financing for Baltic Shipping seven-ship swoop

Splash: Finance and Insurance

Chinas Seacon Shipping has secured financing for seven modern mini bulkers it snapped up from Baltic Shipping earlier this year. The Hong Kong-listed company said in a filing it had agreed to sell the vessels to a subsidiary of Shenzhen Financial Leasing for 57.33m ($64.9m) and bareboat charter them back.

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Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming?

Insurance Journal

The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions since the second quarter 2020, according to investment banking and financial consulting firm OPTIS Partners.

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Navigator fixes $300m of new financing

Splash: Finance and Insurance

New York-listed Navigator Holdings has lined up $300m in fresh financing to clear out existing debt maturities.

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AmeriCorps Cuts Leave Vulnerable Homeowners Struggling After Natural Disasters

Insurance Journal

Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door.

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