Thu.Jul 31, 2025

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PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand

Insurance Journal

PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Switzerland, United Kingdom), Japan and New Zealand.

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Your First Year as a Broker: What to Expect and 5 Tips to Thrive

Word & Brown

Your first year as a health insurance professional can be challenging, but also rewarding. There’s nothing quite like the feeling of fulfillment when you’re able to help a business and its employees get the valuable coverage they need. To help you maximize your opportunities and improve your likelihood of success, we present this checklist for your first year.

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Broker WTW Beats Q2 Profit Estimates on Robust Product Demand

Insurance Journal

Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business.

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Southern District Court of New York Permits Extensive Discovery of Reserve And Reinsurance Information in Bad Faith Litigation

The Property Insurance Law Observer

In Mandarin Oriental, Inc. v. HDI Glob. Ins. Co. et al., Civil Action No. 23 Civ. 4951, 2025 WL 1638071 (S.D.N.Y. June 10, 2025), the District Court of the Southern District of New York followed the modern trend and allowed discovery of reserve and reinsurance information in coverage litigation with allegations of bad faith. Facts The insured’s claim arose out of business interruption losses due to a shutdown of its business during the COVID-19 pandemic.

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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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Markel Insurance Selling Reinsurance Renewal Rights to Nationwide

Insurance Journal

Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book to Nationwide, according to Markel Group and Nationwide in separate announcements on Wednesday. Neither company disclosed financial terms of the deal.

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Former Insurance Agent Arraigned in Scam for Fake Cannabis Business

Insurance Journal

A formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business.

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How Disruption Insurance Benefits Businesses in Texas

Paragon Independent Insurance Agencies

If you’re managing a large corporation or a small tech start-up in Plano, TX, disruption insurance is highly recommended. In the event of a sudden disaster, such as a utility outage or severe storm, adequate protection is essential. At Paragon Independent Insurance Agency, we specialize in helping our clients with business disruption insurance (also referred to as business interruption insurance) throughout Plano and beyond.

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People Moves: CFC Appoints Laudadio US Healthcare Practice Leader

Insurance Journal

CFC, a specialist insurance provider headquartered in London, appointed Kyle Laudadio as healthcare practice leader in the U.S. Laudadio will lead the expansion of strategic broker relationships onshore in the U.S.

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Top 10 Insurance Companies in Belgium by Premiums for Expats

Top Insurance Blogs

The insurance industry in Belgium is dominated by a few major players, who collectively control around 70–80% of gross written premiums across life and non‑life lines. This article offers an in-depth examination of the top 10 insurance companies in Belgium, based on premium volume, the policies they specialize in, and what sets them apart. If […] The post Top 10 Insurance Companies in Belgium by Premiums for Expats appeared first on My Top Insurance Blogs.

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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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California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims

Insurance Journal

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors.

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Top 10 Largest Insurance Companies in Luxembourg for Expats

Top Insurance Blogs

The financial centre of Luxembourg attracts international workers and families, who seek reliable insurance companies that offer language support, cross‑border flexibility, and global cover. In 2025, these top 10 insurance companies in Luxembourg for expats lead by premium size, product range, and expat‑friendly services. Whether you’re searching for “best expat insurance Luxembourg”, “largest Luxembourg insurers […] The post Top 10 Largest Insurance Companies in Luxembourg for Expats app

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Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion

Insurance Journal

The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year.

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The Most Expensive City to Insure a Car in New Zealand

Top Insurance Blogs

Many policyholders are surprised to learn that where you live in New Zealand can significantly impact your car insurance premiums. That’s a fact. The New Zealand city where you live can influence how much you will insure your car. If you’re searching for the answer to the question, “Which city is the most expensive to […] The post The Most Expensive City to Insure a Car in New Zealand appeared first on My Top Insurance Blogs.

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CNA’s $120M Contribution Finalizes Rochester Diocese Claims Fund

Insurance Journal

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy.

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Jack Hanks Talks About Succeeding as a Public Adjuster

Property Insurance Coverage Law

Lynette and Dave Young of ClaimWizard invited me to provide a talk later today about the challenges of being a public adjuster at the ClaimWizard conference – The Founders Room: Public Adjuster Success – being held in Denver, Colorado. One of the participants, Jack Hanks of VPA Public Claims Adjusting, gave a very insightful speech … The post Jack Hanks Talks About Succeeding as a Public Adjuster appeared first on Property Insurance Coverage Law Blog.

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Top 5 Challenges Facing P&C Insurance MGAs and How an AMS Can Help

Insurance Journal

This post is part of a series sponsored by Expert Insured. Managing General Agents (MGAs) in the Property & Casualty (P&C) insurance space are under increasing pressure to scale, comply, and remain competitive.

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INSURING YOUR BOAT WITH CHUBB

Boyle Agency Insurance

Best Recreational Marine Insurance Bogle Agency Insurance offers Chubb Masterpiece Recreational Marine Insurance to boat owners in NJ. We feel this insurance provides the best coverage for people who own boats. While having a boat brings endless hours of fun on the water, boat ownership also comes with responsibility. Our goal at Bogle Agency Insurance is to keep your boating experiences stress-free and we believe that Chubb’s Recreational Marine insurance is one of the best ways to manage

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US Property-Focused-MGA Avatar Launches in UK, Led by Clapham From Aon

Insurance Journal

Avatar MGA Ltd., a next generation managing general agent (MGA), has received Lloyd’s coverholder and UK regulatory approval to begin binding business from Aug. 1, 2025.

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Mid-Year Reset: How This Chicago Agent Realigned Her Business and Life

Your Journey With Jennie

In this episode of Agent Success Secrets , we chat with Meg Daday , a top-producing real estate agent based in downtown Chicago , who hit pause mid-2025 for a much-needed reset—and came back stronger than ever. Despite closing 35+ units this year, Meg felt off track. So, she took a bold step: booked a solo health retreat , reassessed her goals, and redefined what success looks like for the second half of the year.

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Court Blocks Arkansas Ban on Pharmacy Benefit Managers Owning Pharmacies

Insurance Journal

A federal judge temporarily blocked on Monday Arkansas’ first-in-the-nation law that would have prohibited pharmacy benefit managers from owning pharmacies in the state. U.S.

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Blog Post: 2025 Georgia Business Entity Law Update: Key Cases and Statutory Changes Now Available

LexisNexis

By Eric Geringswald | CSC Recent court decisions provide critical context for practitioners Five cases concerning the latest legal developments regarding the statute of limitations for piercing the corporate veil, an LLC member’s right to inspect corporate records, liability of corporate officers for torts committed by a corporation, possession of LLC property following bankruptcy, and the fiduciary duties managing officers and directors owe the creditors of an insolvent company are included in

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Two Men Charged with Staging Car Crashes for Insurance Money in New York City

Insurance Journal

Two Brooklyn men have been charged with staging three automobile accidents and then seeking insurance payouts from Allstate Insurance Co. for damages and purported injuries.

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Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings

Insurance Journal

Florida’s Office of Insurance Regulation this week approved an average 31.

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Oklahoma Announces New Zip Codes for Fortified Homes Program

Insurance Journal

The Oklahoma Insurance Department (OID) has announced 63 zip codes across the state for the third and final pilot launch of OKReady, the Strengthen Oklahoma Homes program.

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US Reversal on Key Climate Finding Spells Uncertainty for Business

Insurance Journal

The Trump administration has billed its plan to undo U.S.

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AI, Crypto Securities Class Actions on Track for Highs in 2025: Cornerstone

Insurance Journal

Overall numbers of securities class actions filed in the first half of 2025 are in line with last year, but artificial intelligence- and cryptocurrency-related filings are on the rise.

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Five Alabama Jail Medical Staff Indicted in Death of Mentally Ill Inmate

Insurance Journal

Five medical employees at an Alabama jail have been indicted in connection with the death of a mentally ill man who died of hypothermia after being held for two weeks in a concrete cell.

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UK Air-Traffic Outage Caused by Radar Canceled 150 Flights

Insurance Journal

The air-traffic control outage that disrupted UK flights on Wednesday afternoon was caused by an unspecified radar-related issue, leading to more than 150 canceled flights in one of the busiest travel periods of the year.

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Orlando Joins Florida’s Stadium Boom With $420 Million Bond Sale

Insurance Journal

Orlando plans to borrow more than $420 million to renovate Camping World Stadium, joining a wave of Florida cities pouring public funds into stadium projects.

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Strong Storms in Upper Plains and Midwest Damage Buildings, Cause Power Outages

Insurance Journal

Strong storms that brought hurricane-force winds to an area stretching from the Upper Plains to the Midwest have been preliminarily classified by the National Weather Service as a derecho, defined as a long-lived line of storms with extreme winds.

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Newsom Seeks $18B for Utilities’ Wildfire Fund as California Faces Future Blazes

Insurance Journal

California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk of being depleted following the deadly wildfires that struck Los Angeles County in January.

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Damages Exceed $3 Million After Towboat Strikes Iowa Bridge

Insurance Journal

Damages totaled more than $3 million after a tow pilot struck components of an Iowa bridge in May 2024, the National Transportation Safety Board said in a recent investigation report.