Policy - Insurance Industry Brief

California is Not a Valued Policy Law State—California Has a Valued Policy Law for Valued Policies

Property Insurance Coverage Law

JANUARY 19, 2025

Two public adjusters sent me articles saying California is a valued policy law state.California is not a valued policy law state. California has a valued policy law for valued policies.

Policy

Policy Property Insurance Insurer Insured

What Appliance Store Insurance Policies Should I Invest In?

Central Insurance

JUNE 10, 2025

Explore essential appliance store insurance policies to protect your business from liability, theft, property damage, and employee injuries. The post What Appliance Store Insurance Policies Should I Invest In? appeared first on Central Insurance Blog.

Insurance Policy

Insurance Policy Policy Property Damage Theft

Is My Dog Covered By My Homeowner’s Insurance Policy?

Central Insurance

MAY 29, 2025

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

Insurance Policy

Insurance Policy Policy Insurer Insured

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Property Insurance Coverage Law

FEBRUARY 1, 2025

Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog. With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware!

Policy

Policy Marine Insurance Agent Insurance Agents

Take the Hassle Out of Claims Management

Advertiser: Trellis

With customized visualizations and tailored analytics, carriers can enhance their risk assessment capabilities, optimize claims decisions, analyze outcomes, and make more informed policy and operational decisions. Download the guide now to learn about Trellis for Insurance Professionals.

Claim

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

FEBRUARY 25, 2025

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

Personal Property

Personal Property Policy Policyholder Property Insurance

Is terrorism covered under an Australian home and contents policy?

Prof. Allan Manning

JANUARY 29, 2025

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. In a day or two I will address Strata and after than residential landlord policies, and finally private motor. I also touched on commercial liability coverage. ” [ emphasis mine] 1. .

Policy

Policy Business Interruption Commercial Risk

What Machine Shop Insurance Policies Do I Need to Protect My Business?

Central Insurance

JUNE 16, 2025

The post What Machine Shop Insurance Policies Do I Need to Protect My Business? Protect your machine shop with tailored insurance. Learn key coverages that help safeguard equipment, employees, and operations from costly risks. appeared first on Central Insurance Blog.

Insurance Policy

Insurance Policy Protection Policy Insurer

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

FEBRUARY 25, 2025

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

Personal Property

Personal Property Policy Policyholder Property Insurance

NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain

Insurance Journal

JUNE 16, 2025

A 43-year-old North Carolina insurance agent is out on bond after she was charged with using clients’ identities to gain illicit commissions on life insurance policies, the state Department of Insurance announced. Ashley Barnhardt, of Locust, near Charlotte, was charged …

Insurance Agent

Insurance Agent Insurance Agents Agents Policy

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

JANUARY 26, 2025

Is an Invasion Covered Under a Commercial Insurance Policy? where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa! appeared first on Property Insurance Coverage Law Blog.

Commercial Insurance

Commercial Insurance Insurance Policy Commercial Policy

Construction Defects Are Not Covered Property Damage in Commercial Liability Policy

Insurance Journal

AUGUST 15, 2024

A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible. A three-judge panel of the Massachusetts Appeals Court has held for the first time that “construction …

Property Damage

Property Damage Liability Commercial Damage

Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage

Insurance Journal

JULY 22, 2024

Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley industries around the world, but the theme of policy language is reoccurring for a cyber insurance industry not known for …

Cyber

Cyber Policy Insurance Industry Insurer

State High Court Nixes Policy Cancellation Over ‘Ambiguous’ Communications

Insurance Journal

JANUARY 3, 2025

An insurer failed to properly cancel a workers’ compensation policy because its multiple notices and other conduct were not “definite, certain, and unambiguous” as to the status of the coverage. As a result, Ace America Insurance Co. is obligated to …

Policy

Policy Compensation Workers Compensation Insurer

Prove the Loss Happened During the Policy Period

Property Insurance Coverage Law

MAY 10, 2025

The property insurance only covers losses that occur during the policy period. The … The post Prove the Loss Happened During the Policy Period appeared first on Property Insurance Coverage Law Blog. Except in a few states, under rare circumstances, the date of discovery is not deemed the date of loss. In Jaraysi v.

Policy

Policy Policyholder Property Insurance Insurer

7 Policies Electrical Manufacturers Need To Protect Their Business

Central Insurance

APRIL 30, 2025

The post 7 Policies Electrical Manufacturers Need To Protect Their Business appeared first on Central Insurance Blog. 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.

Protection

Protection Policy Cyber Liability

Castle Key Nonrenewing 33,000 Policies as Florida Mulls Special Session on Condos

Insurance Journal

JULY 28, 2024

Allstate’s Florida subsidiaries are nonrenewing some 33,000 condominium unit policies over the next several months, delivering another blow for beleaguered condo owners across the state. The Palm Beach Post reported that Castle Key Indemnity and Castle Key Insurance have begun …

Policy

Policy Insurer Insured Insurance

Conflicting Federal Policies May Cost Residents Near Dams More on Flood Insurance

Insurance Journal

AUGUST 26, 2024

Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or be left unaware of danger posed by dams built upstream from their homes and worksites, according to an Associated Press review of …

Policy

Policy Insurer Insured Insurance

Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action

Insurance Journal

JANUARY 16, 2025

That is if immediate policy actions on risks posed by climate change are not … Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss in GDP between 2070 and 2090.

Policy

Policy Risk

Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

Insurance Journal

JANUARY 17, 2025

The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state in April of this year. The assessment, which …

Policy

Policy Commercial Property Property Insurance Commercial

California State Fund Declaring 15% Dividend for 2024 Policy Year

Insurance Journal

JANUARY 1, 2025

State Compensation Insurance Fund in California announced that it will declare a $149 million dividend to qualifying policyholders with policies that took effect between Jan. This dividend equals roughly 15% of the estimated annual premium …

Policy

Policy Policyholder Compensation Premium

Bar Association’s Diversity and Inclusion Policy Upheld on Appeal

Insurance Journal

DECEMBER 25, 2024

A New Jersey appeals court has ruled that the state bar association’s diversity policy of setting aside a certain number of its governance seats for members of under-represented minority groups is a legal exercise of the association’s First Amendment right …

Policy

Policy Protection

Deeper Analysis of How to Interpret Insurance Policy Language—Where Insurance Coverage Nerds Go for the Weekend

Property Insurance Coverage Law

JANUARY 4, 2025

This … The post Deeper Analysis of How to Interpret Insurance Policy LanguageWhere Insurance Coverage Nerds Go for the Weekend appeared first on Property Insurance Coverage Law Blog.

Insurance Policy

Insurance Policy Policy Property Insurance Insurer

Audit Finds Some Florida Citizens’ Policies Over Limit, Small Use of Clearinghouse

Insurance Journal

AUGUST 28, 2024

has a few issues it needs to address, including policies with coverage values above its statutory limit, not sending enough renewals to its Clearinghouse, and failing to beef up its computer security measures, according … Florida’s state-created Citizens Property Insurance Corp.,

Policy

Policy Property Insurance Insurer Insured

Keep Track of Your Insurance Policies—Make Insurance Checkups

Property Insurance Coverage Law

APRIL 12, 2025

Most people dont think much about their insurance policies after they buy them. A bill shows up, they pay it, and life moves on. Insurance becomes almost invisibleuntil something happens.

Insurance Policy

Insurance Policy Policy Insurer Insured

Safeco to Stop Writing New Condo and Renter Policies in California

Insurance Journal

DECEMBER 20, 2024

Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. It appears another insurance carrier is turning sour on wildfire-prone California. Liberty stopped writing new condo or rental …

Policy

Policy Insurance Carrier Insurer Insured

State Residual Markets See Policy Count Double in 5 Years: AM Best

Insurance Journal

OCTOBER 21, 2024

According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access … State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%.

Policy

Policy Commercial Property Commercial Insurance Industry

Utah Insurance Department Warns of Phony Policies Sold on Social Media

Insurance Journal

APRIL 10, 2025

The Utah Insurance Department’s Fraud Division is warning consumers about an increase in fake auto insurance policies being marketed to the Hispanic community using WhatsApp. The department has not identified the sellers, but they believe them to be located outside …

Policy

Policy Auto Insurance Insurance Policy Insurer

What Policies Do Tool Manufacturers Need to Protect Their Business?

Central Insurance

MAY 9, 2025

The post What Policies Do Tool Manufacturers Need to Protect Their Business? Tool manufacturers need property, liability, and Workers Comp insurance. See how Centrals 145 years of experience can help. appeared first on Central Insurance Blog.

Workers Comp

Workers Comp Protection Policy Liability

Carolina Woman Charged with Using Mom’s Name to Get Policy, Filing Bogus Claim

Insurance Journal

DECEMBER 2, 2024

A North Carolina woman is set for a court appearance later this month after she was charged with filing a claim on her deceased mom’s house – for damage that occurred before the insurance policy was purchased. Cindy Ramzi Hanna, …

Policy

Policy Claim Damage Insurance Policy

Allied World Policy Doesn’t Cover Troubled Sperm Bank’s Lawsuits, Court Says

Insurance Journal

DECEMBER 25, 2024

In the case of a Georgia-based sperm bank, it’s when the injured party sends the letter a date that came before the clearly worded policy … At what point does a demand from an injured party constitute an insurance claim?

Policy

Policy Insurance Claim Claim Insurer

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

Insurance Journal

DECEMBER 5, 2024

has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Florida’s Citizens Property Insurance Corp. Since January of …

Policy

Policy Property Insurance Insurer Insured

Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022

Insurance Journal

JUNE 16, 2025

Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quarter 2025 data …

Premium

Premium Property Insurance Insurance Policy Policy

3 Policies Clothing Vendors for Boutiques Need When Distributing Products

Central Insurance

MAY 12, 2025

The post 3 Policies Clothing Vendors for Boutiques Need When Distributing Products appeared first on Central Insurance Blog. Here's what clothing vendors for boutiques need to know about insurance.

Policy

Policy Small Business Insurance Insurer Insured

North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy

Insurance Journal

FEBRUARY 11, 2025

A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department of Insurance said that Matthew …

Life Insurance

Life Insurance Insurance Agent Insurance Agents Insurance Policy

Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

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

Damage Insurance Policy Claim Insurer

Allstate Agent Can be Sued Over Non-Renewal of ‘Grandfathered’ Flood Insurance Policy

Insurance Journal

APRIL 14, 2025

A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of lower “grandfathered” flood insurance coverage.

Insurance Policy

Insurance Policy Agents Policy Insurer

Understanding the Total Constructive Loss Doctrine in Property Insurance Policies

Property Insurance Coverage Law

APRIL 30, 2025

The article … The post Understanding the Total Constructive Loss Doctrine in Property Insurance Policies appeared first on Property Insurance Coverage Law Blog.

Property Insurance

Property Insurance Insurance Policy Policy Building

NYDFS Fines Three Dozen Auto Insurers $20M for Slow Reporting on Policies

Insurance Journal

FEBRUARY 25, 2025

Multi-year market conduct investigations by the New York State Department of Financial Services have resulted in $20 million in fines and consent orders against three dozen auto insurers for failing to timely report new and terminated auto insurance policies.

Auto Insurance

Auto Insurance Policy Insurance Policy Insurer

New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage

Insurance Journal

JUNE 13, 2025

Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies. House Bill 1084 prohibits the solicitation or acceptance of an assignment of any post-loss insurance benefit …

Property Damage

Property Damage Damage Commercial Property Commercial

Blog Post: 8 Tips for Creating a Comprehensive “AI in the Workplace” Policy

LexisNexis

FEBRUARY 20, 2025

8 Tips for Creating a Comprehensive AI Policy Legal experts caution that the decision to implement AI in the workplace should be a deliberate and careful one. The authors suggest that employers work with their legal team to create a comprehensive AI usage policy that sets the ground rules for the deployment of AI tools in their organizations.

Policy

Policy Risk Liability

What Is A DP1 Policy And How Does It Work?

Simply Insurance

JUNE 30, 2025

DP1 policies are a type of named peril policy that's used by landlords to cover events explicitly named in your policy. Anything that’s outside of those named perils will not be covered.

Policy

Policy Insurance Insurer Insured

Insurtech Qumis Raises $2.2M to Automate Policy Reviews With AI

Insurance Journal

JANUARY 30, 2025

Qumis, a lawyer-built AI-driven platform designed to transform insurance knowledge work, announced the close of an oversubscribed $2.2 million pre-seed funding round. The round was led by Armory Square Ventures with participation from MTech Capital, Grand Ventures, Alumni Ventures, and …

Policy

Policy Insurer Insured Insurance

FCC Chairman Threatens to Block M&A for Companies With DEI

Insurance Journal

MARCH 23, 2025

The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr. The move could threaten billions of dollars worth of deals in the communications sector, with …

Policy

California is Not a Valued Policy Law State—California Has a Valued Policy Law for Valued Policies

What Appliance Store Insurance Policies Should I Invest In?

Trending Sources

Is My Dog Covered By My Homeowner’s Insurance Policy?

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Take the Hassle Out of Claims Management

Should There Be a Valued Policy Law for Personal Property?

Is terrorism covered under an Australian home and contents policy?

What Machine Shop Insurance Policies Do I Need to Protect My Business?

Should There Be a Valued Policy Law for Personal Property?

NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Construction Defects Are Not Covered Property Damage in Commercial Liability Policy

Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage

State High Court Nixes Policy Cancellation Over ‘Ambiguous’ Communications

Prove the Loss Happened During the Policy Period

7 Policies Electrical Manufacturers Need To Protect Their Business

Castle Key Nonrenewing 33,000 Policies as Florida Mulls Special Session on Condos

Conflicting Federal Policies May Cost Residents Near Dams More on Flood Insurance

Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action

Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

California State Fund Declaring 15% Dividend for 2024 Policy Year

Bar Association’s Diversity and Inclusion Policy Upheld on Appeal

Deeper Analysis of How to Interpret Insurance Policy Language—Where Insurance Coverage Nerds Go for the Weekend

Audit Finds Some Florida Citizens’ Policies Over Limit, Small Use of Clearinghouse

Keep Track of Your Insurance Policies—Make Insurance Checkups

Safeco to Stop Writing New Condo and Renter Policies in California

State Residual Markets See Policy Count Double in 5 Years: AM Best

Utah Insurance Department Warns of Phony Policies Sold on Social Media

What Policies Do Tool Manufacturers Need to Protect Their Business?

Carolina Woman Charged with Using Mom’s Name to Get Policy, Filing Bogus Claim

Allied World Policy Doesn’t Cover Troubled Sperm Bank’s Lawsuits, Court Says

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022

3 Policies Clothing Vendors for Boutiques Need When Distributing Products

North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy

Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

Allstate Agent Can be Sued Over Non-Renewal of ‘Grandfathered’ Flood Insurance Policy

Understanding the Total Constructive Loss Doctrine in Property Insurance Policies

NYDFS Fines Three Dozen Auto Insurers $20M for Slow Reporting on Policies

New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage

Blog Post: 8 Tips for Creating a Comprehensive “AI in the Workplace” Policy

What Is A DP1 Policy And How Does It Work?

Insurtech Qumis Raises $2.2M to Automate Policy Reviews With AI

FCC Chairman Threatens to Block M&A for Companies With DEI

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