Mon.Jun 16, 2025

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Premium Insurance Demand Rises With Global Travel Disruptions

Insurance Journal

With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk.

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State Farm Loses Roof Water Damage and Bad Faith Trial

Property Insurance Coverage Law

A Missouri jury found that State Farm Fire and Casualty Company acted in breach of its insurance policy and engaged in vexatious refusal to pay, awarding The Progress Project, LLC substantial damages. 1 The case centered on a commercial property loss that occurred on July 22, 2022, following a severe rainstorm that caused water infiltration … The post State Farm Loses Roof Water Damage and Bad Faith Trial appeared first on Property Insurance Coverage Law Blog.

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Purdue Pharma $7.4B Opioid Settlement Wins Broad Support From States

Insurance Journal

Purdue Pharma has won support from the attorneys general of 55 U.S. states and territories for its $7.4 billion settlement to resolve thousands of opioid lawsuits against the drugmaker and its owners, members of the Sackler family.

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How Collaborative Return-to-Work Programs Outperform Traditional Approaches

AMAXX

When an employee is injured on the job, a timely and thoughtful return-to-work (RTW) program can be the difference between a minor detour and a long, costly journey through the workers’ compensation system. While many organizations default to a traditional, top-down RTW approach, there’s growing evidence that collaborative RTW programs outperform traditional models in both claim outcomes and employee satisfaction.

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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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Artemis Acquires Louisiana’s Tyner Jeter Insurance

Insurance Journal

Artemis Insurance, the parent brand of Texan Insurance, Ozark Insurance, and Marek Insurance, announced the acquisition of Baton Rouge-based Tyner Jeter Insurance. Formerly part of McInnis Tyner Agency since 1972, the team launched Tyner Jeter Insurance in August 2012.

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Everest Launches Unified International Specialties Business, Led by Trueman

Insurance Journal

Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices.

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Harp Insurance: Protect Rare and Valuable Instruments With Distinguished

Distinguished

From delicate strings to intricate craftsmanship, harps are among the most challenging and expensive musical instruments to replace or repair. A professional concert harp can easily cost $15,000 to $60,000, while rare vintage harps — like antique Erards or early Lyon & Healy models — can reach six figures. With upwards of 40+ unique strings and intricate wooden structures, even minor damage often requires specialized restoration from a small circle of expert technicians.

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NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain

Insurance Journal

A 43-year-old North Carolina insurance agent is out on bond after she was charged with using clients’ identities to gain illicit commissions on life insurance policies, the state Department of Insurance announced.

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How Homeowners Insurance Works When You Rent Out Your Property

Paragon Independent Insurance Agencies

Renting out your home can be a smart move, but it’s essential to understand how it affects your insurance coverage. At Paragon Independent Insurance Agency, serving the Plano, TX community, we frequently receive questions from homeowners considering becoming landlords. The truth is, your standard homeowners insurance might not be sufficient once you start renting.

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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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End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1

Insurance Journal

Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines carrier.

Agents 191
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Gard announces restructuring, promotions, changes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard announces restructuring, promotions, changes appeared first on Insurance Marine News.

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Flash Flooding Kills 5 in West Virginia as Rescue Teams Search for Missing

Insurance Journal

Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue crews were searching for three other people who were missing Sunday as authorities assessed damage to roads, bridges, natural gas lines and other infrastructure.

Damage 179
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Gard announces restructuring, promotions, changes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard announces restructuring, promotions, changes appeared first on Insurance Marine News.

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Air India Crash Seen Triggering $475 Million in Insurance Claims

Insurance Journal

India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million.

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Chartering costs climb as Israel-Iran conflict shows no sign of fading

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Chartering costs climb as Israel-Iran conflict shows no sign of fading appeared first on Insurance Marine News.

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People Moves: Bennett to Lead Mercury Insurance Climate Science Team

Insurance Journal

Mercury Insurance, headquartered in Los Angeles, California, appointed Steve Bennett as its senior director of climate and catastrophe science.

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Who Pays for Hit-and-Run Accidents?

Paragon Independent Insurance Agencies

Hit-and-run accidents in Plano, TX, are one of the worst scenarios motorists face, especially if they are severe. If the other driver takes off, who pays for the accident damages? The answer is your auto insurance. However, you must have the proper provisions in place to protect yourself. Paragon Independent Insurance Agency can help you buy a policy to protect yourself, passengers, and your vehicle.

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California FAIR Plan Extends ZestyAI Partnership

Insurance Journal

ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021.

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Marine round-up : 16th June 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 : 16th June 2025 appeared first on Insurance Marine News.

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Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022

Insurance Journal

Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly.

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Appellate Division Affirms Finding of Joint Employment of Police Officer

New Jersey Workers' Comp

Joint employment for workers’ compensation purposes is quite common in New Jersey. Examples are employees who work for staffing agencies and professional employer organizations. Another fairly common example is a police officer who does an extra-duty job assignment for a private company as approved by his or her employer. The recent case of Vola v. City of Northfield , No.

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Investigation Finds Pilot’s Meds Were Contributing Factor in Alabama Helicopter Crash

Insurance Journal

Federal investigators found that a pilot’s medication use may have been a contributing factor in a 2023 medical helicopter crash that killed two in Alabama.

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India says progress being made re Wan Hai 503 and MSC Elsa 3

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post India says progress being made re Wan Hai 503 and MSC Elsa 3 appeared first on Insurance Marine News.

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Morocco’s Wafa Assurance to Acquire Egypt’s Delta Insurance

Insurance Journal

Wafa Assurance has agreed to acquire a majority stake in Egypt’s Delta Insurance from its current owner Egypt Kuwait Holding Company, as it targets an expansion of its operations in the Egyptian market, it said on Monday.

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Chinese ship captain gets three years jail sentence in Taiwan

Insurance Marine News

A Taiwan court has sentenced the Chinese captain of a ship to three years in jail after finding him guilty of intentionally damaging undersea cables off the island in February. He was found guilty of “wilfully anchoring in a prohibited zone”. Prosecutors said the man was captain of the Chinese-crewed Hong Tai 58, registered in. The post Chinese ship captain gets three years jail sentence in Taiwan appeared first on Insurance Marine News.

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Ship Signal Jamming in Persian Gulf Worsens as Conflict Widens

Insurance Journal

Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified.

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Unsecured watertight doors were a factor in the sinking of a fish tender: NTSB

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Unsecured watertight doors were a factor in the sinking of a fish tender: NTSB appeared first on Insurance Marine News.

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NHTSA Streamlining Self-Driving Car Exemption Reviews

Insurance Journal

The National Highway Traffic Safety Administration on Friday said it was streamlining reviews of requests filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels, brake pedals or mirrors.

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Increasing levels of Middle East signal jamming since Israel attacked Iran

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Increasing levels of Middle East signal jamming since Israel attacked Iran appeared first on Insurance Marine News.

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People Moves: Specialist Risk Group Names Former Lockton Executive Nimmo as CEO – UK; CFC Taps Line From Markel as Chief Underwriting Officer

Insurance Journal

This edition of International People Moves details London-based appointments at the broker Specialist Risk Group and the managing general agent CFC Underwriting. A summary of these new hires follows here.

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Port of Los Angeles sees 9% dip in imports for May

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Port of Los Angeles sees 9% dip in imports for May appeared first on Insurance Marine News.

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Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects

Insurance Journal

Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK and Europe.

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