Mon.Apr 28, 2025

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WV Commissioner Posts Guidelines on Insurers’ Use of Aerial Images

Insurance Journal

After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology.

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Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss. That expectation, however, can run into serious obstacles depending on the fine print of the insurance policy and, importantly, the law of the state where … The post Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions appeared first on Property Insurance Coverage La

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New SEC Chair Says Crypto Sector Deserves Clear Regulations

Insurance Journal

The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years.

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Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions

Property Insurance Coverage Law

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss. That expectation, however, can run into serious obstacles depending on the fine print of the insurance policy and, importantly, the law of the state where … The post Insurance Coverage After a Raze Order: Strategies for Overcoming Ordinance or Law Exclusions appeared first on Property Insurance Coverage La

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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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Vermont Takes Over Medical Liability Insurer CARE RRG Facing $35.4M Judgment

Insurance Journal

A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a $35.

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Major Automakers Want Congress to Bar California 2035 Electric Vehicle Plan

Insurance Journal

Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S.

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A great way to make an impact on your community

Shield Insurance Agency

We here at Shield Insurance Agency wanted to thank Meals on Wheels Western Michigan for allowing us to volunteer this month. On Thu, Apr 3, 2025, half of our “in-house” team joined the MOWWM team to volunteer locally in our community; this included Andy and Dawn Simmons (owners of Shield Insurance Agency), Jade Browne, Patti McCarthy-Stejskal, Melissa Hunt, and Nate Schaap.

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Many Snowbirds Looking to Pack Up and Fly North For Good. Florida Hit Hard

Insurance Journal

The number of Canadian “snowbirds” planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of them put off by the sudden chill that has blanketed relations between their homeland and the U.S.

Insurer 345
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Why Real Estate Investors Need Customizable Insurance Solutions

Unitas Financial Services

In todays fast-paced real estate market, real estate investors need more than just standard insurance coveragethey need flexibility, efficiency, and control. Whether managing a portfolio of single-family rentals, multifamily units, or fix-and-flip properties, the traditional insurance model often falls short in meeting the dynamic needs of real estate investors.

Insurer 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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Trawick International Moves HQ from Alabama to Miami

Insurance Journal

Trawick International, a longtime provider of travel insurance, student insurance and specialty coverage, is moving its headquarters from the quiet streets of Fairhope, Alabama, to Miami.

Insurer 147
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INSURING VALUABLE ASSETS WITH CHUBB IN NJ

Boyle Agency Insurance

Top Protection For Your Prized Possessions Bogle Agency Insurance offers Chubb Masterpiece Valuables Insurance to clients who wish to have greater coverage for their valuable possessions. This insurance provides wider protection for items that have greater value than your standard household belongings. Valuables may be described as those things that have greater worth than the ordinary.

Insurer 52
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Brokers Aon and WTW Report 5% Organic Growth in 1st Quarter, Level With Q1 2024

Insurance Journal

The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.

Broker 264
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Distinguished Programs Introduces Commercial Surety Division Led by Miguel Ferreira 

Distinguished

NEW YORK — Distinguished Programs, a national insurance program administrator, has announced the launch of its Commercial Surety division, marking a significant expansion of its Surety program. The new division, led by industry veteran Miguel Ferreira, joins the Contract Surety unit introduced in 2024 and is expected to begin underwriting in the second quarter of this year.

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Mediobanca Makes €6.3 Billion Offer for Generali’s Wealth Arm

Insurance Journal

Mediobanca launched a surprise 6.3 billion ($7.2 billion) offer for the wealth management arm of Italian insurer Assicurazioni Generali SpA, opening a potential defense strategy for the Milan-based bank amid Italy’s intensifying deal wave.

Insurer 255
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Blog Post: How Can AI Help Lawyers Move Up the Value Chain?

LexisNexis

By: Julie Chapman, LexisNexis Head of Legal, North America The acceleration in the adoption of new artificial intelligence (AI) tools in the legal industry has many lawyers anxious about how this technology will change their profession. This is perfectly understandable as with any new tech innovation that impacts the way that law is practiced, there are uncertainties around what it is, whether its worth the hype and even how it may impact the value of lawyers in the future.

Building 101
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FAA Delays Traffic to Newark Airport After Equipment, Staffing Issues

Insurance Journal

The Federal Aviation Administration said a series of issues prompted it to dramatically slow traffic at Newark Liberty Airport on Monday, prompting United Airlines to divert at least 35 flights to other airports.

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Yangzijiang Financial to spin off shipping investment business

Splash: Finance and Insurance

Yangzijiang Financial Holding has moved to spin off its maritime investment undertaking and list it on the Singapore Stock Exchange.

Insurer 57
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Corporate America Boosts Security Spending After UnitedHealth Murder, Filings Show

Insurance Journal

U.S. corporations have been ramping up their security spending, but following the murder of UnitedHealth executive Brian Thompson that expenditure is set to rise further in 2025 as more companies see heightened threats to their top brass.

Risk 237
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Five Ways Agents Can Better Serve Small Businesses

American Agents Alliance

Small commercial clients have specialized needs and unique coverage circumstances. This means they need access to agents and brokers who understand their specific needs and concerns. With over 33 million small businesses in the US, the small commercial space could be an untapped market for many independent insurance agents. Read on for five ways to better serve this critical sector.

Agents 52
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North Dakota Enacts Law Shielding Bayer from Roundup Lawsuits

Insurance Journal

A new first-of-its-kind law enacted in North Dakota could shield agrochemical manufacturer Bayer from lawsuits claiming it failed to warn customers that its popular weedkiller Roundup could cause cancer.

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Marine round-up : 29th April 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 : 29th April 2025 appeared first on Insurance Marine News.

Marine 52
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Uvalde Approves $2M Settlement for Families of Elementary School Shooting Victims

Insurance Journal

City leaders in Uvalde, Texas, approved a $2 million settlement for families of the victims of the 2022 Robb Elementary School shooting, marking the first time one of the myriad lawsuits has led to financial compensation.

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Syndicate Results 2024 Number 19: 1458 Renaissance Re

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 Number 19: 1458 Renaissance Re appeared first on Insurance Marine News.

Marine 52
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Midwest Trucking Company to Pay $45K Over Discrimination Disability Lawsuit

Insurance Journal

Mail Hauler Trucking, LLC., which delivers mail for the United States Postal Service in North Dakota and South Dakota, will pay $45,000 and provide other relief to settle a U.S.

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How packaging affects carrier liability: Gard

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post How packaging affects carrier liability: Gard appeared first on Insurance Marine News.

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23andMe Bankruptcy Bid Deadline Extended as DNA Privacy Woes Linger

Insurance Journal

The sale of the bankrupt DNA data bank 23andMe is facing delays as the company tries to find a lead bidder that can quickly clear regulatory hurdles and guarantee customer privacy rules will be honored.

Risk 204
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The Swedish Club advises Masters handling liquid cargo

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post The Swedish Club advises Masters handling liquid cargo appeared first on Insurance Marine News.

Marine 52
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California Proposes Allowing Testing Of Self-Driving Heavy-Duty Trucks

Insurance Journal

California regulators have released a new proposal to allow the testing of self-driving heavy duty trucks on public roads.

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Direct Reduced Iron (D) – by-product fines with a moisture content of ≥2%

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Direct Reduced Iron (D) by-product fines with a moisture content of 2% appeared first on Insurance Marine News.

Marine 52
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NOAA Risks Loss of Data Network and Web Service

Insurance Journal

A key contract that supports the network service provider for the US National Oceanic and Atmospheric Administration is set to lapse this week, threatening internet access and the transmission of internal data nationwide for much of the agency.

Risk 165
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Sanctions update – Trading with and in Yemen

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sanctions update Trading with and in Yemen appeared first on Insurance Marine News.

Marine 52
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Unlocking the Power of RQB and AI for MGAs and Wholesalers: Enhancing Efficiency with Expert Insured

Insurance Journal

This post is part of a series sponsored by Expert Insured. In today’s highly competitive insurance market, MGAs and wholesalers require more than just basic management tools.

Insurer 147