Insurance Journal
FEBRUARY 23, 2025
As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices.
Property Insurance Coverage Law
FEBRUARY 23, 2025
Investigative reporter Lawrence Mower deserves some type of award and thanks. His work has unveiled a deeply concerning pattern within Florida’s insurance industry, noted in the story: Secret Study Found Florida Insurers Sent Billions to Affiliates While Crying Poor. While insurers have publicly lamented their financial hardships, Mower’s findings reveal that these companies have been … The post Secret Report Proves Florida Insurance Executives Wrongful Self-Dealing appeared fi
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Insurance Journal
FEBRUARY 23, 2025
The business environment is constantly evolving, with each new development and innovation offering a unique variety of potential risks and rewards.
Splash: Finance and Insurance
FEBRUARY 23, 2025
Oaktree Capital Management is cashing out of shipmanagement giant OSM Thome, with investors linked to JP Morgan Asset Managements Global Transportation Group coming onboard in its place.
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Insurance Journal
FEBRUARY 23, 2025
Back around 2013 (the copy I have is not dated, so I might be off a year), McKinsey & Company published a study that caused some angst within the industry.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
FEBRUARY 23, 2025
Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third straight calendar year, bolstered by improved underwriting and higher investment income in its insurance businesses.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NorthStandard says it remains on course after year of headwinds for marine insurers appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
This issue reveals data and compensation insights gathered from Insurance Journal’s annual Agency Salary Survey.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard reports good renewal, upgraded customer portal appeared first on Insurance Marine News.
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
FEBRUARY 23, 2025
Understanding the strengths and weaknesses of your team is crucial–especially for insurance agency owners. Recognizing personal limitations allows leaders to strategically delegate tasks and fill talent gaps with the right employees, ultimately strengthening the entire organization.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Italian prosecutors open terrorism probe into oil tanker blasts appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
Having a well-defined sales funnel is crucial for effectively attracting and converting potential clients. For insurance professionals, understanding and implementing a robust sales funnel strategy can significantly enhance client acquisition and retention efforts.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sweden launches investigation into another possible Baltic Sea cable breach appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water systems weren’t built to withstand wildfire, experts say. Related: California Wildfire Mitigation And Recovery Bill Package Introduced Hydrants trickled.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Grounded MSC Baltic suffering from water ingress and hull deformation appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
Los Angeles County Fires “We’re seeing total losses. We’re going out there and there’s really nothing to see.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Steamship Mutual announces successful renewal appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
Researchers at the Wuhan Institute of Virology in China said they discovered a new coronavirus in bats that enters cells using the same gateway as the virus that causes Covid-19.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 24th February 2025 appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
By Andrea Wells Insurance agency owners, producers, and support staff on average made more money in 2024, but for two years in a row, satisfaction with their compensation declined, according to the latest Agency Salary Survey, published annually by Insurance …
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier runs aground on embankment of Kiel Canal appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter of 2024. This was 11% less than a year ago.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cargo ship leaving Russia sustains leak in Sea of Azov, Russian port agency reports appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
By Tom Polansek Workers in US chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the US Department of Agriculture issued in January.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK P&I Club reports successful completion of 2025 P&I renewal appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
By Andrea Wells Independent agency owners, producers, and support staff continue to report higher pay, according to Insurance Journal’s national online Agency Salary Survey results.
Insurance Marine News
FEBRUARY 23, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Captain of USS Harry S. Truman is relieved of command appeared first on Insurance Marine News.
Insurance Journal
FEBRUARY 23, 2025
By Chad Hemenway Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth-quarter net income was down 22% to about $2.
Insurance Journal
FEBRUARY 23, 2025
By Chad Hemenway The Travelers Cos. said fourth-quarter 2024 and full-year net income increased 28% and 67%, respectively, on strong underlying underwriting results. Travelers posted fourth-quarter net income of about $2.1 billion compared to about $1.
Insurance Journal
FEBRUARY 23, 2025
Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024marking the second consecutive quarterly decrease after seven years of rising rates, according to the Global Insurance Market Index published by insurance …
Insurance Journal
FEBRUARY 23, 2025
By Chad Hemenway Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth-quarter net income was $93.2 million compared to $122.5 million a year ago.
Insurance Journal
FEBRUARY 23, 2025
The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation.
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