Insurance Journal

JUNE 6, 2025

Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. They …

Insured 255

Insured Insurance Insurer Claim 255

Insurance Journal

JUNE 11, 2025

Philadelphia Insurance Co. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online applications. is currently experiencing a network outage that is affecting its systems. “We are working to resolve this issue …

Insured 206

Insured Insurance Insurer 206

Insurance Journal

MAY 23, 2025

Owners of dangerous dogs in Florida will soon have to secure at least $100,000 in liability insurance coverage after the governor signed House Bill 593 into law this week. Also known as the Pam Rock Act after a mail carrier …

Liability Insurance 264

Liability Insurance Liability Insured Insurance 264

Insurance Journal

JUNE 11, 2025

sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida, costing the rideshare giant “several million dollars” … Uber Technologies Inc.

Damage 275

Damage Insurance Policy Claim Insured 275

Insurance Journal

JUNE 10, 2025

Pennsylvania-based Erie Insurance is still working to restore systems following a network outage that it revealed on Sunday. “A network outage impacting Erie systems continues. All available resources are working to restore access as soon as possible,” the company reported …

Insured 263

Insured Insurance Insurer Cyber 263

Insurance Journal

MAY 16, 2025

Insurance agency Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, announced its acquisition of Tobey & Merrill Insurance in Hampton. While the agency will operate under Davis & Towle’s ownership, it will keep the Tobey & Merrill name …

Insurance Agency 263

Insurance Agency Insured Insurance Insurer 263

Insurance Journal

MAY 29, 2025

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 …

Underwriter 246

Underwriter Underwriting Personal Property Property Insurance 246

Central Insurance

MAY 29, 2025

Wondering how dogs and homeowners insurance connect? Learn whats covered, whats not, and how to protect your pet with the right insurance strategy. The post Is My Dog Covered By My Homeowner’s Insurance Policy? appeared first on Central Insurance Blog.

Insurance Policy 243

Insurance Policy Policy Insured Insurance 243

Insurance Journal

JANUARY 24, 2025

January 2025 report from the Geneva Association, titled “Insurance in a Fragmented World Economy,” found that geopolitical tensions have driven the global economy toward “geoeconomic fragmentation.” ” Geoeconomics refers to the intersection of geopolitical forces and economic policies.

Insured 240

Insured Insurance Insurer Policy 240

Property Insurance Coverage Law

APRIL 4, 2025

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 (..)

Insured 203

Insured Insurance Insurer Property Insurance 203

Insurance Journal

MARCH 5, 2025

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

Insurance Industry 263

Insurance Industry Property Insurance Insured Insurance 263

Insurance Journal

MARCH 19, 2025

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

Insurance Carrier 263

Insurance Carrier Insured Insurance Insurer 263

Insurance Journal

JUNE 3, 2025

Massachusetts is eliminating a series of insurance and other business regulations with a goal of making it easier and less costly to conduct business in the state. According to Gov. Maura Healey, her administration’s “Massachusetts Means Business” initiative is axing …

Insured 229

Insured Insurance Insurer 229

Insurance Journal

JUNE 4, 2025

Two former police officers have pleaded guilty to federal charges in connection with an auto-insurance fraud scheme, according to U.S. Attorney for Maryland Kelly O. Michael Anthony Owen, Jr., a former Prince Georges County officer, pled guilty to falsification …

Auto Insurance 239

Auto Insurance Insured Insurance Insurer 239

Insurance Journal

FEBRUARY 4, 2025

The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a cornerstone for many of these operations. An AM Best survey of its …

Underwriter 274

Underwriter Underwriting Insurance Industry Insured 274

Insurance Journal

MAY 2, 2025

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding …

Insured 227

Insured Insurance Insurer Risk 227

Insurance Journal

JUNE 9, 2025

Pennsylvania-based Erie Insurance on Sunday reported it is experiencing a “network outage that is affecting all systems.” ” Customers are unable to access online accounts or reach customer care or first notice of loss via phone, according to a statement on …

Insured 212

Insured Insurance Insurer Cyber 212

Insurance Journal

JUNE 9, 2025

The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …

Insurance Companies 242

Insurance Companies Insured Insurance Insurer 242

Central Insurance

MAY 13, 2025

The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog. Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more.

Workers Comp 242

Workers Comp Cyber Liability Insured 242

Property Insurance Coverage Law

MAY 27, 2025

Westfield Insurance Company 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.

Insurance Claim 200

Insurance Claim Claim Policyholder Property Insurance 200

Insurance Journal

APRIL 10, 2025

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. Senate Bill 354, the Insurance …

Protection 249

Protection Insured Insurance Insurer 249

Insurance Journal

FEBRUARY 27, 2025

Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. With headquarters in Boston, Expert Insured also has …

Agents 221

Agents Insured Insurance Insurer 221

Property Insurance Coverage Law

FEBRUARY 20, 2025

A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurance companies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?

Compensation 197

Compensation Property Insurance Insured Insurance 197

Insurance Journal

APRIL 28, 2025

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. In a bulletin this month, Commissioner Allan McVey reminded insurance companies that aerial …

Property Insurance 233

Property Insurance Insured Insurance Insurer 233

Insurance Journal

JUNE 2, 2025

Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge to force insurers to pay him more than $400 million for five paintings he says were damaged in the blaze.

Damage 223

Damage Insured Insurance Insurer 223

Central Insurance

JUNE 6, 2025

Protect your compact construction equipment manufacturing business with tailored insurance. The post Insurance for Compact Construction Equipment Manufacturers: How to Protect Your Tools, Business, and Future appeared first on Central Insurance Blog.

Protection 228

Protection Insured Insurance Insurer 228

Insurance Journal

JUNE 12, 2025

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. Unlike insurers in other countries like Japan where diversification … That reliance is now a major risk threatening more than $700 billion of assets.

Life Insurance 202

Life Insurance Insurance Companies Insured Insurance 202

Property Insurance Coverage Law

MAY 27, 2025

Westfield Insurance Company 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.

Insurance Claim 186

Insurance Claim Claim Policyholder Property Insurance 186

Insurance Journal

MAY 28, 2025

A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market and prompting a rethink on premiums. As artificial intelligence makes attacks more …

Premium 210

Premium Insured Insurance Insurer 210

Insurance Journal

JUNE 13, 2025

Insurer USAA, which serves military veterans and their families, has purchased a new, larger office space in Chesapeake, Virginia to accommodate its expanding membership and workforce. Through the expansion, USAA said it expects to add 500 new jobs to the …

Building 206

Building Insured Insurance Insurer 206

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. Where a client, sought to insure for less than 12 months they would offer a discount on the premium rate.

Business Interruption 189

Business Interruption Claim Insured Insurance 189

Insurance Journal

MARCH 20, 2025

The Doctors Company, the Napa, California-based, physician-owned medical malpractice insurer, announced it has entered an agreement to acquire ProAssurance Corp. billion, taking the company private. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 in cash …

Medical Malpractice Insurance 257

Medical Malpractice Insurance Insured Insurance Insurer 257

Property Insurance Coverage Law

MAY 13, 2025

The Senate Subcommittee on Disaster Management will hold a hearing this afternoon titled Examining the Insurance Industrys Claims Practices Following Recent Natural Disasters. Among those testifying is Mike Fiato, Executive Vice President and Chief Claims Officer at Allstate.

Insurance Claim 241

Insurance Claim Claim Property Insurance Insurance Industry 241

Property Insurance Coverage Law

MARCH 18, 2025

Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Policyholder 233

Policyholder Risk Property Insurance Insurance Companies 233

Insurance Journal

JUNE 12, 2025

Inszone Insurance Services acquired Denver West Insurance Brokers in Golden, Colorado. Denver West Insurance Brokers will retain the same office and team members. Founded in 2003 by Tina Kiel, Denver West Insurance Brokers is a provider of commercial, personal and …

Insurance Broker 147

Insurance Broker Broker Insured Insurance 147

Property Insurance Coverage Law

FEBRUARY 20, 2025

A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurance companies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?

Compensation 184

Compensation Property Insurance Insured Insurance 184

Insurance Journal

JUNE 12, 2025

[no_auto_dropcap]“It’s Now a Buyer’s Market for Auto Insurance, J.D. Auto Insurance Study this week summed up a key takeaway of the customer … Power Finds.” ” That headline on top of an announcement about the release of the J.D. Power 2025 U.S.

Auto Insurance 240

Auto Insurance Risk Insured Insurance 240