Wed.Jun 25, 2025

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E&S Insurtech Ledgebrook Raises $65 Million

Insurance Journal

Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens Group, LLC.

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The Jay Feinman Interview: Are Courts Letting Insurers Get Away with Bad Faith?

Property Insurance Coverage Law

In my recent Claim Game interview with Professor Jay Feinman, one moment in particular captured what many in the insurance world know, but rarely say out loud: insurers get away with bad faith because courts or court-made law let them. That might sound like an exaggeration or sour grapes, but as Feinman and decades of legal scholarship … The post The Jay Feinman Interview: Are Courts Letting Insurers Get Away with Bad Faith?

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Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA

Insurance Journal

Months after fire tore through Los Angeles’ Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in the properties that remain.

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The Insurance Broker’s Guide to Better Client Emails | Solstice

Solstice Insurance Broker

Email is one of the most powerful tools in an insurance broker’s toolkit. Whether you're reaching out to a new lead, reconnecting with a past contact, or nurturing a long-term client, the right message at the right time can build trust, drive engagement, and grow your business.

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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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AXA Launches Unified Ceded Re Team for Greater Operational Alignment

Insurance Journal

AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025.

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More Trending

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Markets/Coverages: Brit Launches Digital Flood Product for US Market

Insurance Journal

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market.

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Learn the “Conversation Checklist” That Helped One Agent 4X Their ROI

EverQuote

George Elossais began his insurance sales career in 2018. For someone who has been in the business for less than a decade, he has achieved a shocking level of success: In 2024, the agency he manages was ranked as the sixth largest captive insurance agency, and it consistently falls in the top 100 for auto, fire, health, investments, and multi-line insurance.

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First Financial to Acquire Westfield Bancorp From Ohio Farmers

Insurance Journal

First Financial announced that it has entered into a definitive agreement to acquire Westfield Bancorp, in a cash and stock transaction, from Ohio Farmers Insurance Company.

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What Insurance Covers Office Equipment and Property in Germany?

Top Insurance Blogs

Running a business in Germany comes with its fair share of responsibilities. Whether you’re a freelancer working from a small office or a medium-sized enterprise with multiple departments, protecting your physical assets is essential. Office equipment such as computers, printers, ergonomic chairs, and even artwork represents a significant investment.

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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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Howden Gets Regulatory Nod to Launch Reinsurance Unit in Kingdom of Saudi Arabia

Insurance Journal

Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia.

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Distinguished Programs Commercial Surety Division Is Now Open For Business 

Distinguished

NEW YORK — Distinguished Programs, a national insurance program administrator known for its specialty offerings, has officially launched its Commercial Surety division and is now open for business. The division expands Distinguished’s growing Surety program , following the 2024 debut of its Contract Surety unit. Commercial surety bonds serve as a critical risk management tool across industries—ensuring compliance, protecting the public, and building trust between parties.

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College Team Physicians Wary of Greater Liability Risk With Athletes Making Money

Insurance Journal

The professionalization of college sports has prompted concern among team physicians that they will be exposed to a greater risk of being sued by athletes who claim a poor outcome from treatment caused them to lose future earnings.

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Zywave Summer Launch Webinar: Accelerated Producer Success & Relationship-driven Efficiency

Zywave

Watch our exclusive webinar where Zywave experts detailed the transformative enhancements from Zywave’s Summer Launch. Learn how our latest advancements in Digital Client & Associate Experience, Differentiated Distribution, Faster Organic Growth, and Secure and Modern capabilities empowered agencies and carriers to drive profitable growth and thrive in today’s evolving risk landscape.

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Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application

Insurance Journal

An Idaho woman was sentenced to seven-and-a-half years in prison and fined for applying for insurance coverage while concealing a prior felony conviction for insurance fraud.

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Mid-Year Check-In — Are You On Track to Hit Your 2025 Goals?

American Agents Alliance

It is officially the halfway point in the 2025 calendar year. Now is a good time to reflect on your 2025 goals and progress. Back in January, you set goals for the year, likely including both professional and personal objectives. Whether you call them resolutions or goals, take a moment at midyear to reflect on what you set out to do and your progress to date.

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Ryan Transactional Risk Launches Environmental Practice Product

Insurance Journal

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups.

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Blog Post: Is An Outside Counsel Evaluation Checklist Beneficial?

LexisNexis

Summary An outside counsel evaluation checklist is a necessary tool to enable vendor recruitment and selection. Enterprise legal management software includes applications for vendor management dashboards, scorecards and selection tools. The evaluation checklist below assists legal operations professionals in their initial due diligence in outside counsel selection.

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Oregon Governor Signs Bill Providing Unemployment Pay for Striking Workers

Insurance Journal

Democratic Oregon Gov.

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How to Switch Car Insurance Providers in Germany Without a Hassle

Top Insurance Blogs

Changing car insurance in Germany might sound overwhelming, but it doesn’t have to be. Whether you’re looking for better rates, improved coverage, or a provider with better customer service, it doesn’t cost an arm and a leg to switch car insurance providers in Germany. All that is required is to understand the rules and deadlines. […] The post How to Switch Car Insurance Providers in Germany Without a Hassle appeared first on My Top Insurance Blogs.

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US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings

Insurance Journal

A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier.

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[On-Demand] Zywave Summer Launch: Accelerated Producer Success & Relationship-driven Efficiency

Zywave

[link]

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Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB

Insurance Journal

Tariffs, enhanced technology to defeat law enforcement along with profitability of criminal enterprises, and geopolitical circumstances have led to an increased threat to the global supply chain, according to the National Insurance Crime Bureau (NICB).

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Clyde on the 2024 BIMCO clauses re FuelEU Maritime

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Clyde on the 2024 BIMCO clauses re FuelEU Maritime appeared first on Insurance Marine News.

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Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH

Insurance Journal

Three years after Citizens Property Insurance Corp. made the unprecedented move to resolve many of its residential claims disputes through a state agency instead of through litigation, officials are now planning to send some commercial claims down that same path.

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Marine round-up : 26th January 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 : 26th January 2025 appeared first on Insurance Marine News.

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People Moves: Storey Named President of Irwin Siegel

Insurance Journal

Ryan Specialty, headquartered in Chicago, Illinois, appointed Brad Storey to president of Irwin Siegel Agency (ISA), the social service industry focused managing general underwriter which is a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.

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Empty containers languishing on US west coast, unwanted in China

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Empty containers languishing on US west coast, unwanted in China appeared first on Insurance Marine News.

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HEMIC to Act as a Servicing Facility for Hawaii Hurricane Relief Fund

Insurance Journal

HEMIC Insurance Managers is accepting apartment and condominium owner associations (AOAO) applications for hurricane coverage from Hawaii licensed insurance agents.

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Performance Shipping agrees refinancing deal with Greek bank

Splash: Finance and Insurance

Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the existing debt maintained with Alpha Bank, secured by the 2013-built aframax P. Long Beach and the 2010-built LR2 P. Aliki.

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Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model

Insurance Journal

At Wednesday’s Board of Governors meetings, a Citizens Property Insurance Corp. committee voted to move ahead with the full, 15% average rate increase for personal lines in 2026 – the largest increase allowed under Citizens’ statutory glidepath.

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Top 5 Critical Areas For Agents To Pay Attention To Right Now

Rough Notes

Amid the changes in our business, it’s more important than ever to focus on being a good client partner Office culture, in many respects, has been lost. With all the changes, providing clients with the service they demand feels like it has become more difficult.

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People Moves: MAPFRE USA Names Pasko; Roosevelt Road Appoints Cook

Insurance Journal

MAPFRE USA Names Pasko Executive Vice President, General Counsel, Secretary MAPFRE USA, headquartered in Boston, Massachusetts, appointed Mark Pasko as executive vice president, general counsel and secretary of MAPFRE USA, effective July 21.

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