July, 2025

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California Department of Insurance Completes Final Review of Wildfire Model

Insurance Journal

The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process.

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Post-Sale Follow-Up Plan for Insurance Agents in 2025

Final Expense Brokerage

April 10, 2025 2:50:22 PM Contact Us Share: How to Build Lifetime Clients After Closing the Sale Selling a life insurance policy isn’t the end - it’s the beginning of a long-term client relationship. Top-performing insurance agents know that what happens after the sale often determines retention, referrals, and repeat business. Here’s a step-by-step post-sale follow-up plan designed to help insurance agents boost client satisfaction, increase referrals, and create a systemized workflow you can a

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A Deep Dive into Insurance Claims: Insights from Chip Merlin’s Interview with Steven Bush

Property Insurance Coverage Law

In the latest episode of Claim Game, I sat down with Steven Bush to dissect the state of insurance claims handling, particularly following major catastrophes like hurricanes or wildfires. This conversation offers a revealing look at how the claims process is evolving and, in many cases, not for the better when it comes to policyholders’ … The post A Deep Dive into Insurance Claims: Insights from Chip Merlin’s Interview with Steven Bush appeared first on Property Insurance Coverage Law Blog

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Behind the Scenes of Medical Bill Review: How to Catch Overcharges and Coding Errors

AMAXX

If you’ve ever felt like medical bills are written in a foreign language, you’re not alone. In workers’ comp, hospital and provider bills come loaded with acronyms, codes, and charges that can seem impenetrable. But buried in those pages are opportunities— opportunities to catch costly errors, curb overcharges, and prevent claim bloat. This is where medical bill review (MBR) becomes an essential part of any effective workers’ compensation cost containment strategy.

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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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7 Common New Broker Pitfalls – and How to Avoid Them

Word & Brown

Working as an independent insurance broker offers great benefits. Being able to choose your own career path. Determining your own hours. Working from virtually anywhere. Having the potential for higher income because of your direct sales efforts. Your freedom and flexibility are virtually unparalleled. However, the role is not without challenges – especially for new brokers.

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Pennsylvania Regulator Has Nixed $200M in P/C Insurance Rate Hikes in First 6 Months

Insurance Journal

The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in the first six months of 2025, which is more than was saved in all of 2024.

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Top Prospecting Strategies for Life Insurance Agents in 2025

Final Expense Brokerage

July 22, 2025 12:23:31 PM Contact Us Share: How Successful Agents Are Finding, Connecting, and Closing More Life Insurance Leads This Year The life insurance industry has changed - and so has the way agents prospect in 2025. Cold calls, outdated scripts, and generic sales pitches are being replaced with modern, digital-first strategies that prioritize personalization, automation, and trust.

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Appraisers Can Decide Causation: A Victory for the Integrity of the Appraisal Process in Indiana

Property Insurance Coverage Law

In a decision with far-reaching implications for the appraisal process in property insurance disputes, the Seventh Circuit Court of Appeals affirmed last week that appraisers may determine the cause of loss when establishing the amount of loss. The case, Mesco Manufacturing, LLC v. Motorists Mutual Insurance Company, 1 involved a commercial hail damage claim in Indiana, … The post Appraisers Can Decide Causation: A Victory for the Integrity of the Appraisal Process in Indiana appeared firs

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Actual Cash Value vs. Replacement Value: What’s the Difference, and Where Does Market Value Fit In?

TGS

TGS Insurance » Blog When it comes to insurance claims or selling a car, home, or other big-ticket item, you’ve probably heard terms like actual cash value , replacement value , and market value tossed around like confetti. If you’re scratching your head trying to make sense of them, don’t worry—you’re in good company. These terms can feel like they’re written in some cryptic insurance code, right?

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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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Aon Q2 2025 Market Insights: Softening Insurance Prices Amid Mounting Global Risks

Top Insurance Blogs

In its newly released Q2 2025 Global Insurance Market Insights, Aon reports a rare market phase where pricing is softening and capacity is expanding, even as systemic global risks continue to escalate. This “unusual moment” in the insurance landscape has created temporary relief for insurance buyers. Yet, the underlying risks, including geopolitical tensions, cyber threats, […] The post Aon Q2 2025 Market Insights: Softening Insurance Prices Amid Mounting Global Risks appeared first on My

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Business Owner’s Policy (BOP) for Restaurants: Protection from Prep to Plate

Distinguished

Order up! Brokers, your next course will be featuring our Business Owner’s Policy (BOP), prepared by our Restaurant experts. If you missed our recent webinar, “Business Owner’s Policy (BOP) for Restaurants: Protection from Prep to Plate,” don’t worry. You have the opportunity to gain key insights into our BOP offering and how Distinguished can help you better support restaurant owners.

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Behind the Surge: What Cyber Claims Say About the Future of Risk

Insurance Journal

The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency of cyber threats for businesses across all sectors.

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The Untapped Goldmine: Why Experienced Life Insurance Agents Must Leverage Client Referrals

Final Expense Brokerage

July 24, 2025 3:49:11 PM Contact Us Share: In today’s highly competitive life insurance market, agents are constantly looking for ways to improve efficiency, lower acquisition costs, and increase retention. Yet one of the most powerful and cost-effective strategies continues to be overlooked: referrals from current policyholders. Whether you're selling term life, whole life, final expense, or supplemental health insurance, the clients you’ve already served represent your warmest market - and pot

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Does Appraisal Stop the Statute of Limitations Clock? Court Dismisses Policyholder’s Lawsuit as Time-Barred Despite Post-Appraisal Denial

Property Insurance Coverage Law

A recent Texas decision serves as a warning to policyholders and public adjusters about relying on the appraisal process to revive insurance claims long after an initial denial. In Pool v. State Farm Lloyds, 1 the court granted summary judgment in favor of State Farm, ruling that all of the policyholder’s claims were barred by the … The post Does Appraisal Stop the Statute of Limitations Clock?

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Your First Year as a Broker: What to Expect and 5 Tips to Thrive

Word & Brown

Your first year as a health insurance professional can be challenging, but also rewarding. There’s nothing quite like the feeling of fulfillment when you’re able to help a business and its employees get the valuable coverage they need. To help you maximize your opportunities and improve your likelihood of success, we present this checklist for your first year.

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Allianz Life Confirms Major Data Breach Impacting Millions of Americans

Top Insurance Blogs

In a serious cybersecurity incident, Allianz Life Insurance Company of North America has confirmed that personal data belonging to the majority of its 1.4 million U.S. customers has been compromised. The data breach on Allianz Life was traced to a third-party cloud-based customer relationship management (CRM) platform, which fell victim to a social engineering attack. […] The post Allianz Life Confirms Major Data Breach Impacting Millions of Americans appeared first on My Top Insurance Blo

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How Much Is $770,000 In No Exam Term Life Insurance?

Simply Insurance

Discover the cost of a $770,000 no exam term life insurance policy. This article breaks down factors affecting premiums, compares options, and provides insights to help you make an informed decision about your life insurance needs.

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New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts

Insurance Journal

Leaders at one of the largest national insurance defense firms believe they have identified the causes of nuclear verdicts—and developed a comprehensive litigation strategy that negates them.

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[Whitepaper] Accelerating Carrier Growth and Profitability

Zywave

In a market defined by rising risks and shrinking margins, carriers need speed, scale, and strategic insight. This guide explores how API-based comparative rating platforms are enabling insurers to thrive in this complex environment. Expand distribution through embedded quoting and agency integration Deliver more quotes, faster—with greater risk selectivity Use real-time market data to inform pricing and portfolio strategy Stay visible and competitive at key points of sale Read the guide to see

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From Lost Newcomer to Industry Connector—How One Public Adjuster Built a Directory to Bridge the Knowledge Gap in Property Claims

Property Insurance Coverage Law

Note: This guest post is by Sarah Parker, an educator and founder of Parker Public Adjusting, TheClaim.Directory, and Kuva Media, and a CPAU Certified Appraiser/Umpire. Everyone in the property insurance industry will experience something similar to this at some point: you’ve just passed your licensing exam, and received notice that your new license application was … The post From Lost Newcomer to Industry Connector—How One Public Adjuster Built a Directory to Bridge the Knowledge Ga

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How Insurance Automation Is Changing the Agent–Policyholder Relationship

American Agents Alliance

Insurance automation, AI-enabled tools, and new technology are changing the ways that agents interact with policyholders. And as automation becomes integrated into more stages of the insurance lifecycle, it is reshaping how agents and carriers communicate with each other and with policyholders. The customer experience looks different now, thanks to digital platforms and new customer-facing technology.

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Top 12 Insurance Industry Trends to Watch Out For in Europe [2026]

Top Insurance Blogs

The insurance industry in Europe is evolving rapidly and there are a lot of trends to watch out for. Looking ahead to 2026, these transformations are accelerating under technological disruption, regulatory change, climate risk, and consumer expectations. In this blog post, I’ll unpack Insurance industry trends in Europe, exploring their impact in Germany and across […] The post Top 12 Insurance Industry Trends to Watch Out For in Europe [2026] appeared first on My Top Insurance Blogs.

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How Much Is $650,000 In No Exam Term Life Insurance?

Simply Insurance

Discover the cost of a $650,000 no exam term life insurance policy. This article breaks down factors affecting premiums, compares options, and provides insights to help you make an informed decision about securing your family's financial future without the hassle of medical exams.

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Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Insurance Journal

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago.

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Blog Post: Formplay: How Insurance Practitioners Can Score with Standard Insurance Policies

LexisNexis

Learn about the implications of form policies in regulatory disputes and coverage litigation. Read now » Related Content Standard Insurance Policy Forms: Implications in Regulatory Disputes and Coverage Litigation Checklist Review how policyholder and insurance company attorneys can best utilize standard insurance policy forms, including the fundamental role such forms play in regulatory and coverage disputes.

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From Data to Prevention: How Injury Tracking Can Reduce Future Claims

AMAXX

If there’s one universal truth in workers’ compensation, it’s this: The best claim is the one that never happens. Yet for many employers, the reality is different. Injuries occur, costs mount, and safety meetings become reactive discussions about what went wrong rather than proactive strategies to keep workers safe. But there’s a powerful way to change this pattern — and it’s sitting right under most employers’ noses: data.

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After the Renewal — Five Renewal Service Tips For Existing Policyholders

American Agents Alliance

The busy July renewal season has recently ended, and for many P&C agents, this time of year can be like running a marathon. But it is often the time after renewal that matters more to the long-term policyholder relationship and retention of the account. Read on for our top five renewal service tips to help drive retention and growth. Renewal Service Tips to Improve Retention and Growth Post-renewal service is an area where agents can differentiate themselves and deepen relationships with p

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Wave of Senior Leadership Appointments Across Top Insurance Firms

Top Insurance Blogs

Several major players in the insurance industry have recently announced key leadership appointments aimed at strengthening their capabilities in underwriting, employee benefits, and strategic advisory services. From executive hires to board expansions, these moves reflect a broader industry focus on talent acquisition and innovation. Alliant Insurance Expands Senior Leadership in the Pacific Northwest and Beyond […] The post Wave of Senior Leadership Appointments Across Top Insurance Firms

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How Much Is $450,000 In No Exam Term Life Insurance?

Simply Insurance

Discover the cost of a $450,000 no exam term life insurance policy. This article breaks down factors affecting premiums, compares options, and helps you understand how to secure the best coverage for your needs without the hassle of medical exams.

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Markets/Coverages: Aon Launches Insurance Facility for Full Lifecycle of Data Centers

Insurance Journal

Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility designed to help clients manage risk across every stage of data center development and operations.

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Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Discover how nothing says “legacy risk” like a 1972 occurrence clause. Read now » Related Content Environmental Liability Coverage and Exclusions under Commercial General Liability (CGL) Policies Explore critical environmental liability coverage issues and related pollution exclusions under CGL insurance policies; analysis extends to primary, excess, and umbrella policies, which have the same or different insurers.

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THE IMPORTANCE OF REVIEWING YOUR LIFE INSURANCE BENEFICIARIES

Boyle Agency Insurance

Designated Life Insurance Beneficiaries Life insurance is a cornerstone of financial security for your loved ones. It offers peace of mind, knowing they’ll be financially supported in your absence. However, the effectiveness of your life insurance policy hinges on one crucial detail – your designated beneficiary/beneficiaries. These are the individuals or entities who will receive the death benefit upon your passing.