Insurance Journal
JUNE 17, 2025
California Insurance Commissioner Ricardo Lara named new leadership of the Insurance Diversity Task Force. The 15-member task force elected its newest chair to be Vikita Poindexter, CEO of Poindexter Consulting Group, and vice chair to be Dr.
Property Insurance Coverage Law
JUNE 17, 2025
One of the most overlooked and consequential issues in property insurance litigation is the question of which state’s law applies to a dispute. It’s easy to assume that if a loss occurs in Texas, then Texas law will govern. That assumption can lead to surprises. A recent decision from Texas, Transform Holdco LLC v. Starr Indemnity … The post Conflict of Laws Texas Style: When New York Law Governs a Texas Loss appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
JUNE 17, 2025
AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bb-” (Fair) from “bbb” (Good) of Oregon Mutual Insurance Company and Western Protectors Insurance Company, which are domiciled in …
AMAXX
JUNE 17, 2025
When it comes to managing workers’ compensation claims, many employers focus on lagging indicators—things like claim count, indemnity costs, and days lost. But one critical leading metric often gets ignored: the Return-to-Work (RTW) Ratio. The RTW Ratio is simple to calculate but incredibly powerful. It provides real-time insight into how well an organization is helping injured employees get back to work safely and quickly.
Advertiser: Trellis
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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Insurance Journal
JUNE 17, 2025
Erie Insurance said it has “seen no evidence of ransomware and there is no indication of ongoing threat actor activity” in a June 17 update on its 10-day long network outage.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JUNE 17, 2025
U.S. homeowners insurance rates rose 40.4% over the past six years, with the biggest increases hitting in the last two years, a new report shows.
PSM Brokerage
JUNE 17, 2025
Let’s face it—manually following up with every lead is so 2003. You’ve got better things to do (like closing deals, making connections, and maybe enjoying your coffee while it’s still hot). That’s where CRM automation comes in—and we’ve got the perfect cheat sheet. At PSM Brokerage, we’ve put together a CRM Automation Companion Guide that shows you how to trigger the right emails at the right time—automatically.
Insurance Journal
JUNE 17, 2025
Philadelphia Insurance Companies said it has been able to restore limited network access as it continues to deal with a network outage that has affected operations since June 9.
LexisNexis
JUNE 17, 2025
By Mahala Miller, Corporate Legal In-house legal departments are turning to generative AI (Gen AI) technology as more than an IT upgrade—it is quickly becoming a transformative force. The adoption of Gen AI tools in corporate legal departments rose sharply last year, with 44% of in-house legal leaders reporting they are now using Gen AI (up from 28% a year ago), according to a March 2025 survey by FTI Consulting.
Advertiser: Trellis
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
Insurance Journal
JUNE 17, 2025
The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan.
LexisNexis
JUNE 17, 2025
If medical science has evolved, someone forgot to tell the Texas Labor Code. Although the Lone Star State is considering adoption of the newly released AMA Guides Sixth, it’s still flipping through the well-worn AMA Guides to the Evaluation of Permanent Impairment, 4th Edition (1993)—and it shows, y’all. Read now » Related Content Workers’ Compensation Law (TX) Dig deep into a comprehensive overview of the scope and requirements of Texas workers' compensation laws.
Insurance Journal
JUNE 17, 2025
China’s financial opening up and rapidly growing consumer market benefit the country and provide better asset allocation opportunities for global capital, Li Yunze, the head of China’s financial regulator, said in Shanghai on Wednesday.
LexisNexis
JUNE 17, 2025
CA to Investigate State Farm over LA Wildfire Claims California Insurance Commissioner Ricardo Lara (D) announced a “market conduct examination” of State Farm over consumer complaints about the insurer’s handling of claims from the Los Angeles wildfires in January. One common complaint against the insurer is that it has been passing homeowners off from one adjuster to another, forcing the homeowners to repeatedly start from scratch.
Insurance Journal
JUNE 17, 2025
The U.S.
LexisNexis
JUNE 17, 2025
OR Enacts Nation’s Strongest Corporate Health Care Law Oregon Gov. Tina Kotek (D) signed a bill ( SB 951 ) imposing the toughest regulations on private and corporate control of medical practices in the country. The measure limits the amount of control health management companies can have over medical practices, with the aim of closing what supporters say is a loophole in state law allowing companies to get around the state’s 51% doctor ownership requirement for medical practices by hiring their
Insurance Journal
JUNE 17, 2025
Three years after it purchased BenefitMall, Alabama-based CRC Group is rebranding its employee benefits division as CRC Benefits, the company announced this week.
LexisNexis
JUNE 17, 2025
In a recent ruling, the U.S. Bankruptcy Court for the Northern District of Illinois dismissed a Chapter 11 filing, citing the lack of consent from an independent director appointed by the lender. This case highlights the ongoing legal debate over the balance between lender protections and a borrower's right to seek bankruptcy relief. Check out this expertly drafted article discussing the decision.
Insurance Journal
JUNE 17, 2025
The pathway to M&A activity/liquidity in the insurance brokerage industry traditionally has followed a common pattern: small to mid-sized brokers were either traded between financial sponsors or bolted onto a larger strategic partner with minimal friction.
LexisNexis
JUNE 17, 2025
An online retailer recently successfully asserted consent as a complete defense to a putative Pennsylvania Wiretapping and Electronic Surveillance Control Act class action, resulting in the dispositive dismissal of the action. The decision provides key insights and lessons on how online notice and consent can be leveraged to directly address and mitigate legal risks and class action liability exposure arising from the use of cookies, pixels, and similar website tracking technologies, and federal
Redbird Agents
JUNE 17, 2025
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. I met Andrew Hibbard a couple years ago after he came to Redbird looking for resources to help him grow his agency. However, after speaking with him, I quickly realized the roles were reversed and I needed to learn more about his growth strategy, and how it was so consistent paired with what some people would say were unrealistically low customer acquisition costs.
LexisNexis
JUNE 17, 2025
Joint ventures bring together two or more parties to collaborate on a specific business opportunity. They may be structured as contractual arrangements, new entity formations, or investments in an existing business. Key considerations include defining the joint venture’s purpose, scope, governance, capital contributions, and exit strategies. Use this Joint Venture Resource Kit to access essential practice notes, templates, drafting tools, checklists, and charts—all designed to guide you through
LexisNexis
JUNE 17, 2025
Explore this guidance on the key aspects of preparing a corporate representative for a deposition in patent litigation, expertly authored by Charles A. Weiss of Holland & Knight LLP. The practice note covers the scope and purpose of a Rule 30(b)(6) deposition, objecting and responding to a deposition notice, the selection and preparation process for the witness, the topics that may be covered during the deposition, and strategies for effectively presenting the patent owner's position and
LexisNexis
JUNE 17, 2025
Modernized Regulation A creates two tiers of offerings: Tier 1, for offerings up to $20 million (including no more than $6 million on behalf of selling security holders) in a 12–month period; and Tier 2, for offerings currently up to $75 million (including no more than $22.5 million on behalf of selling security holders) in a 12–month period. Issuers that wish to engage in a Regulation A offering use Form 1-A.
LexisNexis
JUNE 17, 2025
MN Enacts Nation’s First Social Media Warning Label Requirement Minnesota enacted a first-in-the-nation provision ( HB 2 a / SB 6 a ) requiring social media platforms to display mental health warning labels each time users access the platforms. Warning label legislation is also under consideration in California and New York. ( CBS17 , LEXISNEXIS STATE NET) NY Lawmakers Pass Frontier AI Bill The New York Legislature passed first-of-its-kind legislation ( SB 6953 ) regulating so-called frontier ar
LexisNexis
JUNE 17, 2025
This practice note covers how to respond to a complete response letter issued by the FDA as part of the agency’s new drug application (NDA) or biologics license application (BLA) process. Read now » Related Content FDA Drug Regulatory Activity Tracker Set an alert on this editorially curated resource to monitor FDA regulatory activity affecting your clients in the pharmaceutical industry.
LexisNexis
JUNE 17, 2025
Beginning on April 25, 2025, foreign reporting companies began submitting Initial Beneficial Ownership Information (BOI) reports to FinCEN, under the Corporate Transparency Act (CTA). However, controversy persists following the March 2025 Interim Final Rule issued by the U.S. Treasury Department, with some regulators arguing that transparency is crucial to combating financial crimes.
LexisNexis
JUNE 17, 2025
Considering investing in or restructuring a cannabis business in Massachusetts? This comprehensive guide demystifies the regulatory maze surrounding ownership and control changes, offering cannabis operators and attorneys a step-by-step breakdown of what the Massachusetts Cannabis Control Commission (CCC) expects—from initial filings to municipal approvals.
LexisNexis
JUNE 17, 2025
Class B malls have struggled in recent years with the decrease in mall shoppers and the departure of anchor tenants. Developers and owners are revitalizing Class B malls and filling vacancies by introducing mixed-use elements such as apartments, hotels, healthcare facilities, entertainment centers, and dining options. Read this article for more insights.
LexisNexis
JUNE 17, 2025
Explore a comprehensive resource designed to keep you informed about the newest lawsuits against the current administration’s executive orders. Organized in reverse chronological order, this tracker is meticulously reviewed and updated at least weekly, ensuring you have access to the most current and relevant information. Stay ahead with this essential tool for navigating the evolving legal landscape.
LexisNexis
JUNE 17, 2025
Want to know how to balance the benefits of artificial intelligence tools against associated risks to employee privacy? Read our practice note, Artificial Intelligence (AI) and Employee Privacy , by Damon Silver, Eric Felsberg, Douglas Klein, Gregory Brown, Julia Bover, and Cindy Huang of Jackson Lewis P.C. Read now » Related Content Generative Artificial Intelligence (AI) Resource Kit Access current guidance on generative AI, organized by practice area.
LexisNexis
JUNE 17, 2025
The One, Big, Beautiful Bill Act (H.R. 1), recently passed by the U.S. House, introduces major changes to the Global Intangible Low-Taxed Income (GILTI) regime that could impact multinational corporations. It makes the current 49.2% GILTI deduction rate permanent, preventing the scheduled drop to 37.5% under the Tax Cuts and Jobs Act (TCJA) (note: the 49.2% rate reflects analytical models, not a statutory figure) (see Section 111004 , p. 862).
LexisNexis
JUNE 17, 2025
Check out this checklist from Practical Guidance – Healthcare that outlines the required elements of a nonprofit hospital's Billing and Collections Policy under Section 501(r) of the Internal Revenue Code. The checklist establishes what actions a nonprofit hospital may take to obtain payment for healthcare services, including steps to determine eligibility for financial assistance prior to initiating extraordinary collection actions.
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