Solstice Insurance Broker
FEBRUARY 10, 2025
Valentines Day is just one of many opportunities to show gratitude to those you care about. As an insurance broker, you have a special opportunity to let your clients know how much their loyalty and business mean to you. By showing appreciation, you not only strengthen your current relationships but also attract new ones. Here are some friendly and effective ways to make your clients feel valued.
Property Insurance Coverage Law
FEBRUARY 8, 2025
Non-compete agreements have long been a source of controversy across many industries, and public adjusting is no exception. Employers often want to protect their business interests, while employees seek the freedom to work in their chosen profession. The recent ruling in Noble Public Adjusting Group, LLC v. Michael Bowman and Bulletproof Public Adjusting Company, LLC … The post Public Adjusters and Non-Compete Agreements: A Losing Battle?
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Insurance Journal
FEBRUARY 9, 2025
Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate increase for Citizens Property Insurance Corp., state regulators have slashed the rate hike by more than half.
Prof. Allan Manning
FEBRUARY 10, 2025
I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. That sum insured had not been reviewed for many years and as a result of 100% average, as it was on that policy, the client received only 6.9% of their loss.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our 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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PSM Brokerage
FEBRUARY 12, 2025
Anthem has announced that its Medicare Advantage Dual-Eligible Special Needs Plans (D-SNPs) in Kentucky will be discontinued as of February 28, 2025. This change will impact thousands of beneficiaries who rely on these plans for their healthcare coverage. As an insurance agent, its essential to be proactive, informed, and ready to assist affected clients in finding alternative coverage options.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
FEBRUARY 11, 2025
Mereo Advisors, a Bermuda-based firm chaired by former American International Group Inc. Chief Executive Officer Brian Duperreault, has secured more than $700 million to fund its new reinsurance operations.
Triple-I: Homeowners Insurance
FEBRUARY 13, 2025
Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from the 2006 high of 27th) for personal auto affordability, according to reports by
PSM Brokerage
FEBRUARY 14, 2025
Introduction: Hiring the right licensed-only agents (LOAs) is a critical step in scaling your agency or call center. Whether you're looking to expand your Medicare, ACA, Life Insurance, or Ancillary product offerings, finding top-tier agents can help you increase sales and streamline operations. However, the hiring process can be time-consuming and complex.
Property Insurance Coverage Law
FEBRUARY 14, 2025
The latest revelations about Allstates use of artificial intelligence (AI) in drafting insurance claims emails should serve as a wake-up call for policyholders, insurance regulators, and insurance industry claims handlers. According to a report from Futurism, Allstate Is Demanding We Delete These Quotes by Its Exec About How It’s Using AI to Write Insurance Emails,1 … The post When Artificial Intelligence Becomes Wrongful Intelligence in Claims Handling appeared first on Property Ins
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
FEBRUARY 14, 2025
Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025.
Agency Revolution
FEBRUARY 13, 2025
What does marketing success look like? We asked our insurance agency friends about the marketing strategies they get the best return on investment with. The findings were interesting, to say the least! Of the four marketing strategy categories, Content, Search Engine, Traditional, and Word-of-Mouth marketing, here is how insurance agencies ranked each of these in terms of success.
PSM Brokerage
FEBRUARY 11, 2025
Expand Your Portfolio: Why Every Insurance Agent Should Offer Travel Medical Insurance Help Your Clients Travel with Confidence As an insurance professional, you work hard to ensure your clients are protected from the unexpected but what happens when they leave the country? Most health insurance plans dont cover medical expenses abroad , leaving travelers at risk of huge out-of-pocket costs if they need care while overseas.
Property Insurance Coverage Law
FEBRUARY 14, 2025
The latest revelations about Allstates use of artificial intelligence (AI) in drafting insurance claims emails should serve as a wake-up call for policyholders, insurance regulators, and insurance industry claims handlers. According to a report from Futurism, Allstate Is Demanding We Delete These Quotes by Its Exec About How It’s Using AI to Write Insurance Emails,1 … The post When Artificial Intelligence Becomes Wrongful Intelligence in Claims Handling appeared first on Property Ins
Insurance Journal
FEBRUARY 10, 2025
China’s National Financial Regulatory Administration on Saturday issued guidelines for insurance groups to manage “concentration risks,” asking insurers to hold sufficient capital and liquidity buffers.
AMAXX
FEBRUARY 10, 2025
The Philadelphia Eagles dominant Super Bowl victory over the Kansas City Chiefs wasnt just about skillit was about preparation, execution, and leadership under pressure. The Eagles used their discipline and teamwork to dismantle Kansas Citys offensive line. Their executionwithout even sending a blitzdemonstrated that the right system, when applied effectively, yields game-changing results.
PSM Brokerage
FEBRUARY 10, 2025
Join Us for NABIP Happy Hour Unwind and network with us at NABIP Happy Hour, proudly sponsored by PSM Brokerage! Enjoy great drinks, great company, and great conversations as we connect with industry professionals in a relaxed setting. Whether you're looking to expand your network, share insights, or just enjoy a well-deserved break , this is the perfect opportunity!
Property Insurance Coverage Law
FEBRUARY 10, 2025
Imagine a world where breaking the rules carries no real consequences. Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v. State Farm Lloyds 1is yet another example of Texas … The post Bad Faith Insurance Practices Shielded By “Get Out of Jail Free” Late Payments appeared first on Property Insurance Coverage L
Insurance Journal
FEBRUARY 9, 2025
If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its personal point of contact …
AMAXX
FEBRUARY 11, 2025
On occasion, work injuries arise for employees traveling in motor vehicles. As a general rule, workers compensation insurance is the primary insurance, which requires the claim team to investigate and make determinations regarding compensability and subrogation rights. Once these decisions are made, the individual claim holders must look for other factors regarding the nature and extent of injuries and avoid common pain points in their investigation.
Majesco
FEBRUARY 13, 2025
Today’s insurance customer is under pressure and assault from every angle: Cyber criminals are using data breaches to access bank accounts and credit. Climate risk is growing, and a greater number of Cat events are threatening people and their property. Unsafe driving, inflation, and auto repair costs are responsible, in part, for rising premiums.
Property Insurance Coverage Law
FEBRUARY 10, 2025
Imagine a world where breaking the rules carries no real consequences. Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v. State Farm Lloyds 1is yet another example of Texas … The post Bad Faith Insurance Practices Shielded By “Get Out of Jail Free” Late Payments appeared first on Property Insurance Coverage L
Insurance Journal
FEBRUARY 14, 2025
Sompo Holdings Inc., the Tokyo-based insurance holding company, announced it is restructuring its business into two global segments: Sompo Property and Casualty re/insurance (Sompo P&C), and Sompo Wellbeing, effective April 1, 2025.
Central Insurance
FEBRUARY 14, 2025
Proper coverage and risk management are key for auto dealerships. Learn how the right used car dealer insurance can protect your business from losses and costly claims. The post Used Car Dealer Insurance: The Top Six Coverages to Consider appeared first on Central Insurance Blog.
LexisNexis
FEBRUARY 13, 2025
Influencers and thought leaders in the legal technology space Legal Tech's Predictions for Emerging Technology in 2025 predict blockchain will affect smart contracts and contract lifecycle management in the corporate law department. This prediction brings exciting opportunities for general counsel and legal operations professionals who manage department efficiencies, productivity and performance.
Property Insurance Coverage Law
FEBRUARY 9, 2025
A Shift in Smoke Damage Claims Following Recent Holding California wildfire attorneys are closely analyzing a recent appellate court holding that sets a new precedent for smoke damage claims.1 The decision, stemming from a case involving the Saddle Ridge Fire, clarifies that property owners must demonstrate a distinct, demonstrable, and physical alteration to prove a … The post California Wildfire Attorneys Consider Impact of New Smoke Caselaw appeared first on Property Insurance Coverage
Insurance Journal
FEBRUARY 9, 2025
UnitedHealthcare of North Carolina has agreed to pay a $3.4 million fine and take action to improve claims handling and prevent balance billing for out-of-network treatment after a state Department of Insurance investigation detailed multiple allegations.
Central Insurance
FEBRUARY 12, 2025
Protect your business with the right truck repair insurance. Learn about policies to safeguard your assets, liability, and operations. The post Truck Repair Insurance: What Policies Does My Repair Business Need? appeared first on Central Insurance Blog.
LexisNexis
FEBRUARY 10, 2025
By LexisNexis® CounselLink® One of the biggest headaches that in-house counsel grapple with is how to effectively manage their organizations vast universe of contracts from complex commercial transactions to routine vendor agreements. Contract lifecycle management (CLM) tools have eased this pain a bit in recent years, but artificial intelligence has the potential to provide insight into contract portfolios like never before.
Property Insurance Coverage Law
FEBRUARY 13, 2025
Can you imagine going through the burned debris of what used to be your business or home, looking for anything that may be left of important sentimental value? Little things of personal property carry immense emotional value to us because they often serve as tangible symbols of our intangible experiences, relationships, and identities. When speaking … The post The Emotional Impact of Recovery from Wildfires appeared first on Property Insurance Coverage Law Blog.
Insurance Journal
FEBRUARY 13, 2025
Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that were quickly extinguished, as the utility battled to prevent catastrophe in the months leading up to the Los Angeles wildfires.
Central Insurance
FEBRUARY 10, 2025
Learn the essentials of builders insurance! Discover how to protect your projects, lower costs, and minimize risk. The post What Northeast Contractors Should Consider When Picking Builders Insurance appeared first on Central Insurance Blog.
Zywave
FEBRUARY 10, 2025
In the rapidly evolving world of digital insurance, underwriting can feel like a juggling actespecially when risk data is spread across multiple eTrade platforms, broker portals, and digital partners. The challenge? Finding a way to effectively aggregate, standardize, and access that data, all while maintaining streamlined workflows. Thats where WCLs enabled Placing solution comes in.
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