Insurance Journal
JANUARY 8, 2025
Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say will be sizable insured losses.
Property Insurance Coverage Law
JANUARY 8, 2025
I studied the topics, agenda, and panelists at this years Windstorm Insurance Conference. As a past president of the organization, I am very proud to see its continued vitality and depth of education provided to those attending.I noted one presentation on the agenda: Everything is Bigger in Texas, but Was the Hail Damaging and When … The post The Cannot Miss 2025 Hailstorm Education Is at the Windstorm Insurance Conference in Dallas appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
JANUARY 8, 2025
Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London where he has served as CEO since October …
Splash: Finance and Insurance
JANUARY 8, 2025
Philippine carrier Lorenzo Shipping Corp has received a P270m ($4.6m) financial lifeline from majority shareholder, Doris Ho-led National Marine Corp. National Marine has bought 270m new shares of Lorenzo Shipping at P1 each, much of which will go to pay loss-making Lorenzos belated fuel bills.
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Insurance Journal
JANUARY 8, 2025
There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions of dollars of destruction across the southeastern United States.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JANUARY 8, 2025
A residual property insurer and regulators in two Southeastern states are emphasizing roof integrity, more signs that mitigation and prevention are increasingly recognized as ways to reduce insured losses as storms escalate in frequency and severity.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Spirit of Boston fire result of multiple factors, says NTSB appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post AM Best assigns credit ratings to Japan Club appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military, veterans, and their families.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Civil cases in Montenegro courts over Russia-linked superyacht appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Millions of people in California face at least two more days of dry, hot winds that have fanned fires across Los Angeles County and sent residents fleeing for their lives.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Taiwan says Chinese ship seemed to have two AIS transponders appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Deep Vector, an artificial intelligence (AI) platform for analyzing underwriting documents, closed its seed round of $1.5 million, co-led by Aperture Venture Capital and InsurTech NY.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maccoa refloated in St Lawrence River appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Not all accidents are compensable merely because they happen at work, the Virginia Workers’ Compensation Commission (WCC) reminded in denying workers’ compensation benefits to a school bus driver for an injury that happened while he was simply walking from his …
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post John Neal to step down as Lloyds CEO this year, moving to Aon appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
South Korea plans to review the concrete walls positioned just beyond the end of some airport runways after an aircraft attempting an emergency landing smashed into one just over a week ago, killing almost everyone on board.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Eagle S has serious deficiencies, says Finland appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Consumers may soon be able to buy electronic products with a label indicating they are “cyber secure,” according to US officials.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post COSCO plays down implications of US reclassification appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
Oregon homeowners living in certain areas at high risk of wildfire will face stricter building codes and mandates to reduce vegetation on their properties under new “wildfire hazard maps” unveiled Tuesday.
Insurance Marine News
JANUARY 8, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post China foreign ministry says not aware of Shandong Port Group sanctions decision appeared first on Insurance Marine News.
Insurance Journal
JANUARY 8, 2025
The Andrew Agency has acquired Garriques, Lloyd & McMahon in Richmond, Virginia. Founded in 1963, GLM Insurance is a third-generation family-owned agency providing personal and commercial insurance throughout Virginia and North Carolina.
Elmore
JANUARY 8, 2025
Alacritys restructuring puts it under control of private credit lenders including Antares, Blue Owl, KKR and Goldman The post BlackRock private equity fund takes more than $600mn hit on investment appeared first on Elmore Insurance Brokers.
Insurance Journal
JANUARY 8, 2025
Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea has been found to have serious deficiencies and will not be allowed to operate until repairs have been made.
Boyle Agency Insurance
JANUARY 8, 2025
Workers Compensation Insurance for Employers and Employees Workers Compensation Insurance is required for businesses with more than one employee. Bogle Agency Insurance has experienced and knowledgeable agents who can answer all your NJ Workers Compensation Insurance related questions and guide you toward the coverage you need as an individual or a business owner.
Insurance Journal
JANUARY 8, 2025
Digital car insurer Clearcover announced the launch of Clearcover General Agency to serve the non-standard auto insurance market in Texas. Policies will be underwritten by Old American County Mutual Fire Insurance Company, bringing Clearcover’s digital-first insurance solutions to more drivers.
PSM Brokerage
JANUARY 8, 2025
Implications for Seniors and Medicare Agents The Social Security Fairness Act (H.R. 82) is a critical legislative proposal aimed at addressing long-standing concerns about Social Security benefits, particularly for certain public sector workers. With bipartisan support, the bill seeks to eliminate two provisions of the Social Security Act that significantly impact retirees: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
Insurance Journal
JANUARY 8, 2025
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate.
LexisNexis
JANUARY 8, 2025
By Eric Geringswald | CSC Overview of California Business Law Updates During the 2024 legislative session, the California legislature approved over 40 amendments to the California Corporations Code and related statutes. Key changes include new requirements for venture capital companies and franchise brokers, highlighting a commitment to modernizing the states business regulations.
Insurance Journal
JANUARY 8, 2025
Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect the cloud along with a surge in artificial intelligence, global venture capital firm YL Ventures said on Tuesday.
Your Journey With Jennie
JANUARY 8, 2025
With over two decades in the real estate business, Jennie has learned a lot and loves sharing her many lessons and failures with others. Join Magnify Your Mission and learn how to leverage your time and communication with systems, consistently build a growing database with business partners and referrals, all while spending quality time with family and those you love.
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