April, 2025

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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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Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report

Insurance Journal

Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the adjuster’s lawyer has pushed back, arguing that the suit is an attempt to silence those who question insurers’ damage estimates.

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All ships passing through European waters must now provide proof of insurance

Splash: Finance and Insurance

The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union waters without entering an EU port, to provide insurance information.

Insurance 143
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7 Policies Electrical Manufacturers Need To Protect Their Business 

Central Insurance

Electrical manufacturers face unique risks. From product liability to cyber threats, learn how specialized protection, proactive loss control, and an experienced insurance partner can help safeguard your electrical manufacturing business. The post 7 Policies Electrical Manufacturers Need To Protect Their Business appeared first on Central Insurance Blog.

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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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Demystifying Evidence-Based Medicine in Workers’ Compensation

AMAXX

Evidence-Based Medicine (EBM) is increasingly recognized as a critical component in workers’ compensation, influencing treatment decisions, recovery outcomes, and cost management. Understanding EBM helps stakeholdersfrom medical professionals to claims managersmake informed decisions grounded in high-quality research and best practices. What is Evidence-Based Medicine?

More Trending

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Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer Affiliate Profits

Property Insurance Coverage Law

Yesterdays testimony before the Florida House Insurance & Banking Subcommittee ripped the cover off a story thats been brewing for years: the Office of Insurance Regulation (OIR) under David Altmaier had a completed, paid-for, red-flag-waving report about insurer affiliate transactions showing hundreds of millions of hidden profits for the insurance industry and simply chose to … The post Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer

Insurance 203
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Did Florida House ‘Sneak’ Attorney Fee Wording Into Phosphate Mine Bill?

Insurance Journal

A late amendment to a phosphate mine bill has set off alarm bells among some in the Florida insurance industry, with concerns that it could cut out the heart of 2022 and 2023 legislative changes that disincentivized excessive claims litigation.

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BIMCO adopts reviews of war risk clauses

Splash: Finance and Insurance

The documentary committee of BIMCO has approved revisions to its war risk clauses for voyage and time charters to reflect changes in the geopolitical challenges facing the shipping industry.

Risk 103
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6 Must-Have Insurance Coverages For Your Metalworking Manufacturing Business

Central Insurance

Metalworking, which dates back to prehistoric times, began with shaping soft metals like gold and has since advanced into a sophisticated industry that includes techniques such as hammering, smelting, forging, and welding. Metalworking helps support nearly every facet of our lives, from essential tools and appliances to construction projects like buildings and bridges to the […] The post 6 Must-Have Insurance Coverages For Your Metalworking Manufacturing Business appeared first on Central

Building 130
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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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Compliance Bulletin: Unsolicited Contact With a Beneficiary

PSM Brokerage

The purpose of this bulletin is to provide guidance on unsolicited contact with a beneficiary and the potential penalties for non-compliance with CMS regulations. Unsolicited Contact is Prohibited According to CMS Medicare Communications and Marketing Guidelines , marketing through unsolicited contact is strictly prohibited. Violating CMS rules can result in serious consequences , including: Civil monetary penalties Criminal penalties Exclusion from federal healthcare programs Termination of ca

Agents 97
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How Long Will My Employee Be Off Work? Applying Evidence-Based Injury Duration Guidelines

AMAXX

Efficient management of workers’ compensation claims significantly impacts both employee recovery outcomes and organizational costs. Evidence-based medicine (EBM) guidelines, particularly injury duration guidelines, provide structured estimates of typical recovery periods, helping set realistic recovery expectations and facilitating effective claims management.

Injury 83
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What If Every Insurance Company Engineer Report Suggests a Denied Claim? We’re About to Find Out

Property Insurance Coverage Law

A recent conversation on LinkedIn has sparked serious questions about the objectivity of engineering reports used by insurance companies. Our firm is now taking the first step to find out whether the claims of systemic bias hold water. It all started when a public adjuster responded to a thread involving attorney Steven Badger. The statement … The post What If Every Insurance Company Engineer Report Suggests a Denied Claim?

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Loss of FEMA Program Spells Disaster for Hundreds of Communities and Projects

Insurance Journal

The textile mills that once served as the backbone of Mount Pleasant, North Carolina, have long been shuttered, and officials believed federal money would be key to the town’s overdue revitalization.

Building 237
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Upstream energy softening exceeds expectations, follow competition intensifies, says broker WTW

Insurance Marine News

Upstream energy clients were increasingly favouring automatic capacity over traditional follow-only markets, according to George Richardson from broker WTW. This was because of its lack of differentiation between poor-performing construction classes, he said. Williss global head of natural resources, Rupert Mackenzie, warned that challenges to insurers profitability were increasing.

Broker 103
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Small Business Tips: Central Article Roundup

Central Insurance

Central's experts share their most valuable small business tips to help you understand your coverage, manage risks, and make informed decisions. The post Small Business Tips: Central Article Roundup appeared first on Central Insurance Blog.

Risk 243
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A Guide to Branding & Marketing Your Insurance Business

PSM Brokerage

Brand Like a Pro: Download Our Free Insurance Marketing Presentation + Checklist Marketing your insurance business today is about more than just selling policiesits about building a brand people trust, remember, and want to do business with. Thats why we put together a free presentation to help insurance agents like you create a powerful marketing foundation.

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UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks

Insurance Journal

The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk of wildfires. Total precipitation of about 20.5 centimeters (8.

Risk 232
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People Moves: Virginia’s Workers’ Comp Commission Names Two Deputy Judges

Insurance Journal

The Virginia Workers’ Compensation Commission Names Two New Deputy Commissioners The Virginia Workers’ Compensation Commission (VWCC) has named two new deputy commissioners, Frederick T. Schubert II and Christopher R. Wilson.

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Consultant Sheds Some Light on Hot-Potato MGA Fee Report at Florida Legislative Hearing

Insurance Journal

A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting.

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California Bill Seeks to Beef up Consumer Privacy Protections for Insurance

Insurance Journal

A new bill introduced in California aims to increase transparency and accountability in California’s insurance market by bolstering consumer privacy protections and establishing a privacy rights framework for insurance licensees and their third-party service providers.

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Crime Syndicates in Southeast Asia Go Global, Defying Crackdowns

Insurance Journal

Cyber crime syndicates that run multi-billion-dollar scam operations across Southeast Asia are still expanding despite recent law enforcement crackdowns, building links from Ireland to Mexico and reaching a potentially irreversible global spillover, the United Nations warned.

Crime 229
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Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options

Insurance Journal

Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab.

Claim 263
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China Bans ‘Smart’ and ‘Autonomous’ Driving Terms From Vehicle Ads

Insurance Journal

China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and it will tighten scrutiny of such technology upgrades.

Liability 236
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Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses: Allianz

Insurance Journal

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

Risk 263
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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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UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds

Insurance Journal

Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.

Insurance 228
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Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse

Insurance Journal

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.

Building 200
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Generali to Comply With Government’s View on Natixis Deal, CEO Tells Newspaper

Insurance Journal

Italy’s biggest insurer Generali intends to heed advice from the government when Rome starts reviewing a planned asset management tie-up with France’s BPCE, CEO Philippe Donnet said in a newspaper interview on Friday.

Insurance 237
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Europe’s Hottest Year Turbocharged Extreme Weather Across Region

Insurance Journal

Europe experienced the hottest year on record in 2024, as climate change combined with a strong El Nio to generate a series of extreme weather events and force glaciers into retreat.

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Uber Spends Six Figures on Ads in Latest NY Insurance Reform Push

Insurance Journal

Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer.

Insurance 229
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Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils

Insurance Journal

Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis.

Claim 194
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Sweden Probe Finds No Conclusive Evidence of Deliberate Damage to Subsea Cables

Insurance Journal

A Swedish probe found no conclusive evidence to suggest that a Chinese ship had deliberately dragged its anchor to damage two Baltic Sea cables, Sweden’s Accident Investigation Authority said on Tuesday, though a separate investigation remains under way.

Damage 208