Sun.May 04, 2025

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Washington Issues Citations for Warehouse Quota, Safety Violations

Insurance Journal

The Washington State Department of Labor and Industries issued the first citations under a a new law regulating production quotas in warehouse workplaces.

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Compare Long Term Care Insurance Quotes & View Rates!

Simply Insurance

Discover how to find the best long-term care insurance quotes and compare rates online effortlessly. Make informed decisions for your future with our comprehensive guide!

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Generative and Agentic AI in Insurance: Breaking Down the Risks and Opportunities

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group.

Agents 179
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What Do Judges Consider When Selecting Umpires? Proximity Is a Factor

Property Insurance Coverage Law

A United States District Court for the District of Hawaii recently issued an order that highlights a critical but sometimes overlooked geographic proximity factor in the appointment of appraisal umpires. 1 Though both parties proposed highly qualified retired judges to serve as umpire in a court-ordered appraisal, the court ultimately appointed the Honorable James E. … The post What Do Judges Consider When Selecting Umpires?

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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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Judge Allows Testimony That Abbott, Mead Johnson Baby Formula Caused Disease

Insurance Journal

A federal judge on said she will allow expert testimony that formula made by Abbott Laboratories and Reckitt Benckiser subsidiary Mead Johnson for premature babies can cause a fatal intestinal illness, as the companies face hundreds of lawsuits over the …

Liability 165

More Trending

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Second Person Charged With Arson in New Jersey Pine Barrens Fire

Insurance Journal

A second person has been charged with arson in the wildfire in New Jersey’s Pine Barrens that has grown into the state’s second-largest fire in nearly two decades.

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Blog Post: Using Artificial Intelligence in Corporate and M&A Legal Practice

LexisNexis

The following article is a summary of the full practice note , available to Practical Guidance subscribers by following this link. Not yet a Practical Guidance subscriber? Sign up for a free trial here. The article explores how artificial intelligence (AI) is reshaping the corporate and mergers & acquisitions (M&A) legal landscape. It outlines the fundamental concepts behind AI, discusses its practical applications in legal work, and addresses the challenges and ethical considerations th

Risk 52
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Berkshire’s Geico Has Cut Thousands of Jobs in Turnaround Effort

Insurance Journal

Berkshire Hathaway said its auto insurer Geico has cut tens of thousands of jobs as part of its efforts to turn around a business that’s lagged behind peers.

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Blog Post: Artificial Intelligence (AI) Technology Legal Risks Checklist

LexisNexis

The following article is a summary of the full checklist , available to Practical Guidance subscribers by following this link. Not yet a Practical Guidance subscriber? Sign up for a free trial here. The complete checklist is written by Yasamin Parsafar , Sheppard, Mullin, Richter & Hampton LLP This checklist provides best practices and considerations for corporations to effectively manage the legal risks associated with the development and use of artificial intelligence (AI) technologies.

Risk 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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‘Sensitive’ Security Report Into Arson at Governor’s Mansion Won’t Be Made Public

Insurance Journal

A consultant paid to review security at the official residence of Pennsylvania Gov. Josh Shapiro after it was firebombed by a late-night intruder said Friday that his team’s findings will not be made public. Retired state police Col.

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Blog Post: Learn About New Practical Guidance Content and Resources

LexisNexis

Review this exciting guide to some of the recent content additions to Practical Guidance, designed to help you find the tools and insights you need to work more efficiently and effectively. Practical Guidance customers, please follow this link. Not a Practical Guidance Subscriber? Sign up for a FREE seven-day trial here to access the featured content in this guide.

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US Opens Probes After Army Helicopter Forces 2 DC Flights to Abort Landings

Insurance Journal

Federal investigators have launched a probe after two flights aborted landings at Reagan Washington National Airport on Thursday because a U.S. Army Black Hawk helicopter too close.

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Blog Post: Lexis Cares Fundraiser Aimed at Helping At-Risk Youth

LexisNexis

Several dozen LexisNexis employees helped raise nearly $1200, including matching corporate funds, for a Canadian group whose mission is to bring disparate groups together via exposure to the arts. The fundraiser, called Name that Film, was conducted as part of the Lexis Cares program, which encourages employees to participate in volunteer activities.

Risk 52
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Cybercrime Up Again

Insurance Journal

It shouldn’t be surprising that the number of reported cybercrime complaints to the feds rose again. Almost daily I hear from someone I know about a new threat, hack, or fishy AI call.

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Blog Post: Regulating AI in the Workplace in 2025

LexisNexis

The following is a summary of an article by Tom Spiggle, The Spiggle Law Firm Summary of AI in Employment and Regulatory Frameworks Recent years have witnessed a significant transformation in how artificial intelligence (AI) is perceived and utilizedtransitioning from a futuristic concept found primarily in science fiction to an everyday tool that significantly impacts modern workplaces.

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Former Texas Insurance Broker Charged in Alleged Scam

Insurance Journal

A former Friendswood, Texas insurance agent turned himself into authorities over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced.

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Rising Civil Unrest, Political Violence Remains Top 10 Risk for Global Businesses: Allianz

Insurance Journal

Soaring levels of civil unrest and political violence is a key concern for businesses of all sizes as well as for their insurers, according to a report published by Allianz Commercial.

Risk 239
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Buffett to Step Down Following Six-Decade Run Atop Berkshire

Insurance Journal

Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a celebrity billionaire renowned for his investing acumen and witticisms, will step down at year-end after six decades atop the conglomerate.

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Steady Growth Amid Market Cycles Is Possible

Insurance Journal

Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers.

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Roof Repair and Replacement Costs Up Nearly 30% Since 2022, New Report Says

Insurance Journal

Roof repair and replacement cost value totaled nearly $31 billion last year–up nearly 30% since 2022, according to a new report from Verisk.

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People & Places

Insurance Journal

National IMA Financial Group, headquartered in Denver, Colorado, hired Stephanie Crochet as national energy practice leader.

Risk 162
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A Favorable Prognosis–Healthcare at the Forefront of Cyber Risk

Insurance Journal

Healthcare organizations continue to find themselves at the forefront of cyber risk.

Cyber 147
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Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires

Insurance Journal

The Travelers Cos. said first-quarter 2025 fell 65% on an underwriting loss of $305 million. Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during Q1 2024.

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California Sets Aside $170M to Thin Vegetation, Forests to Help Prevent Wildfires

Insurance Journal

Gov. Gavin Newsom signed new legislation on Monday that will provide more than $170 million in state funding to help prevent wildfires while signing an order aimed at speeding up the work by easing environmental permitting.

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Minnesota Bill Would Create Auto Insurance Program for Low-Income Residents

Insurance Journal

Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents.

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Agency Tax Laws Shareholders Need to Know

Insurance Journal

I find that most agency owners who call me regarding having their agency valued or developing a producer vesting program have no idea that important specific laws and regulations exist, even though these laws and regulations have been in place …

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Business Moves

Insurance Journal

East Marsh McLennan, Arthur Hall Marsh McLennan Agency (MMA), a business of Marsh, announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based insurance agency. Terms of the acquisition were not disclosed.

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A True Alternative to Opioids for Workers’ Comp? Questions Remain

Insurance Journal

Recent FDA approval of suzetrigine, representing the first new class of pain medication in more than 20 years, is generating excitement among workers’ compensation professionals who have long been looking for a viable alternative to opioids.

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Declarations

Insurance Journal

No to FIO, Industry Says “Since [the FIO’s] inception in 2010, our associations have echoed concerns from functional regulators over FIO’s potential for duplicative and overreaching workstreams.

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5 Ways to Prepare for Healthcare Liability Changes in 2025

Insurance Journal

Healthcare providers, insurers, and underwriters face potential shifts in healthcare liability regulations under the new presidential administration in 2025. Here are five key steps to help navigate these changes: 1. Stay Informed About Policy Shifts.

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Managing Safety in Workers’ Comp

Insurance Journal

After more than 25 years of counseling businesses on ways to improve worker safety, Steven Simon, senior risk control manager for Safety National, said the one piece of advice he could offer to any size organization wanting to improve their …

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Marsh Sues Aon, Ex-Team Leader Over Exit of 20 Construction Surety Employees

Insurance Journal

Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon in March.