Mon.Jun 16, 2025

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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.

Premium 305
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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.

Damage 185
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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.

Premium 227
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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.

Damage 185
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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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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 279

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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.

Risk 233
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Is Long Term Care Insurance Tax Deductible?

Simply Insurance

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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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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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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.

Insured 193
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Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

Computer desk with office equipment by Lisa from Pexels Running a business comes with plenty of challenges, and insurance is one area where mistakes can be costly. From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss. Whether you're a seasoned business owner or just getting started, here are some of the most common insurance mistakes along with tips to avoid them. 1.

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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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Personal Finance Statistics

Simply Insurance

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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.

Cyber 155
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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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Life Event Statistics

Simply Insurance

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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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Best Homeowners Insurance In Alaska To Cover Your Home!

Simply Insurance

Personal Annuities Annuity Quotes How Does An Annuity Work? How Much Does An Annuity Cost? Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! Bitcoin Life Insurance Bitcoin Life Insurance Quotes Meanwhile Bitcoin Life Insurance Review Life Insurance Calculator No Exam Life Insurance No Exam Life Insurance Quotes How Much Is $50,000 In Li

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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 169
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Compare Pharma Insurance Quotes & Get Covered Online!

Simply Insurance

Personal Annuities Annuity Quotes How Does An Annuity Work? How Much Does An Annuity Cost? Term Life Insurance Term Life Insurance Quotes How Much Is $150,000 In Life Insurance? How Much Is $500,000 In Life Insurance? How Much Is $1 Million In Life Insurance? Life Insurance Rates By State In Jun 2025! Bitcoin Life Insurance Bitcoin Life Insurance Quotes Meanwhile Bitcoin Life Insurance Review Life Insurance Calculator No Exam Life Insurance No Exam Life Insurance Quotes How Much Is $50,000 In Li

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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.

Insured 147
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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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Erie and Philadelphia Insurance Still Working on Restoring Their Networks

Insurance Journal

Erie Insurance says it is making “steady progress” in its efforts to restore its computer systems that have been down since its information security team detected unusual activity on June 7.

Insured 270
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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.

Marine 52
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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.

Risk 162
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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.

Marine 52
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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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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.

Marine 52
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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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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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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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