Sun.Apr 06, 2025

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World Insurance Associates Acquires Royalty Insurance Services in California

Insurance Journal

World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years.

Insurer 147
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Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?

Property Insurance Coverage Law

When I was first starting in the property insurance claim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insurance claims personnel and the presenters. I still think of the PLRB as having some of … The post Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?

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Women in UK Financial Services Still Earn a Fifth Less Than Men

Insurance Journal

The average woman working in the UK financial sector earns about a fifth less than their male colleagues, a reflection of how the gender pay gap has stubbornly persisted even during a period when businesses pledged to address workplace inequity …

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Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?

Property Insurance Coverage Law

When I was first starting in the property insurance claim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insurance claims personnel and the presenters. I still think of the PLRB as having some of … The post Do You Understand and Appreciate the Role of the PLRB in Property Insurance Claims?

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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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JD Power: Customers Not Happy With Carrier Property Claims Service

Insurance Journal

By Jahna Jacobson Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Poweris2025 U.S.

Claim 264

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Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends: Vacancies, Alternatives, Valuations, Wildfires

Insurance Journal

By Andrea Wells Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024.

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IMO looking to finalize decarbonization framework

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post IMO looking to finalize decarbonization framework appeared first on Insurance Marine News.

Marine 52
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Understanding the Risks and Coverages in Condo Association D&O

Insurance Journal

Directors and officers (D&O) coverage is critical for any organization that is governed by a board of directors. It provides coverage for those decisions that the board makes in good faith for the benefit of the organization.

Risk 235
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Syndicate Results 2024 #6 Tokio Marine Combined Syndicate 510

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syndicate Results 2024 #6 Tokio Marine Combined Syndicate 510 appeared first on Insurance Marine News.

Marine 52
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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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States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded,’ Says NAMIC

Insurance Journal

By Chad Hemenway Policy discussions on the use of artificial intelligence in insurance are ‘unfounded’ and ‘detrimental to policyholders,’ according to an analysis from the National Association of Mutual Insurance Companies (NAMIC).

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EU launches helpdesk for SMEs to ask about sanctions rules

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EU launches helpdesk for SMEs to ask about sanctions rules appeared first on Insurance Marine News.

Marine 52
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People & Places

Insurance Journal

National WSIA members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024.

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Mooring line failures at Veracruz

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Mooring line failures at Veracruz appeared first on Insurance Marine News.

Marine 52
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Inflation, Rising Claim Costs, Riskier Business Reasons Cited for Rate Increases in A&E Market: Survey

Insurance Journal

Architects and engineers professional liability insurers report concerns about the persistent effects of inflation on claim expenses, uncertainty about the U.S.

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Loss of Manawanui linked to training deficiencies, autopilot confusion

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Loss of Manawanui linked to training deficiencies, autopilot confusion appeared first on Insurance Marine News.

Marine 52
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Maryland Lawmakers Send Bill Limiting Sexual Abuse Liabilities to Governor

Insurance Journal

Maryland lawmakers passed a measure Saturday to try to limit future liabilities from claims of sexual abuse at state and private institutions after thousands of people unexpectedly came forward with allegations of abuse, many of them in youth detention centers, …

Liability 213
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US port fees plan could have major impact on US tier 1 and tier 2 ports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US port fees plan could have major impact on US tier 1 and tier 2 ports appeared first on Insurance Marine News.

Marine 52
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Why Some Transportation Risks Could Find Options With Captives: Risky Future Webinar

Insurance Journal

By Allen Laman Standard market woes, captive growth, and the increased importance of navigating relationships with third-party administrators–insurance experts in the commercial trucking arena have helped their clients traverse a challenging road in recent years.

Risk 204
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LMA, Maersk, say US tariffs could have significant impacts on insurers, trade, shippers, economy

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post LMA, Maersk, say US tariffs could have significant impacts on insurers, trade, shippers, economy appeared first on Insurance Marine News.

Insurer 52
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Staffers Face Allegations Related to Abuse of Pennsylvania Charter School Students

Insurance Journal

Twenty staffers at a suburban Philadelphia charter school are facing charges related to the alleged physical abuse of students using painful, unapproved techniques to restrain and punish youths in a program meant to help them deal with emotional issues, authorities …

Liability 191
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China hits back at US with 34% tariff on US imports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post China hits back at US with 34% tariff on US imports appeared first on Insurance Marine News.

Marine 52
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Texas Judge Awards $6.6M to Former Aides Fired by AG Paxton

Insurance Journal

A Travis County district court judge on Friday awarded $6.6 million to four former senior aides to Attorney General Ken Paxton who said they were improperly fired after reporting Paxton to the FBI.

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Tanker that was barred from India transfers Russian oil at sea; report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tanker that was barred from India transfers Russian oil at sea; report appeared first on Insurance Marine News.

Marine 52
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Workforce Wellbeing

Insurance Journal

Rising medical costs and economic uncertainty are stressing out today’s workforce. That’s according to MetLife’s 2025 U.S.

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How to Cancel Your Liberty Mutual Insurance Policy: Full Guide 

Agency Height

How to cancel your liberty mutual insurance policy? Find out the complete process for insurance cancellation in this guide.

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Why Telematics Alone Won’t Lower Distracted Driving Risks

Insurance Journal

For many years, agents and brokers have advised clients about the benefits of telematics in reducing commercial auto risks. So, why havenit market conditions improved, and why is distracted driving still so prevalent? The answer comes down to follow- through.

Risk 162
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People Moves: BTIS Promotes Keefe to SVP, Head of Operations

Insurance Journal

Builders & Tradesmen’s Insurance Services Inc. promoted Jessica Keefe to senior vice president and head of operations. Keefe has more than 20 years of experience in compliance, operations optimization and strategic business growth. Keefe joined BTIS in 2010.

Insurance 147
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Maine Approves 9.6% Decrease in Workers’ Compensation Costs

Insurance Journal

Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025.

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Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers

Insurance Journal

As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change.

Risk 147
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What It Really Costs to Be Always Available

Insurance Journal

Independent insurance agency owners take pride in being there for their clients. Itis a badge of honorobeing the one who always picks up the phone, always answers the email, always makes the time.

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US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals

Insurance Journal

By L.S. Howard Reinsurance renewal rates continued dropping during January renewals, but U.S. property/catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from Moodyis Ratings.

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World Insurance Associates Acquires Royalty Insurance Services in California

Insurance Journal

World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years.

Insurer 130