Sat.Apr 26, 2025 - Fri.May 02, 2025

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Markets/Coverages: BHSI Updates Private Company Executive Lines Suite in Canada

Insurance Journal

Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to its Private Company Executive Lines suite of products in Canada and named Shaun Lue as private company leader.

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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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Appellate Division Affirms Dismissal of Case After Bifurcated Trial

New Jersey Workers' Comp

The small details matter. A petitioner will always have problems at trial when there is very little congruence between the allegations contained on the claim petition and the statements which petitioner gave to the employer and treating doctors at the time of the accident. That is the message in the case of Makins v. Palace Rehab & Care Center and Premier Cadbury, LLC , A-2263-23, A-2276-23 (App.

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Blog Post: Legal Tracker Software Maximizes Efficiency

LexisNexis

Effective resource management with legal tracker software is vital for the success of a law department. It provides a streamlined approach to maximizing efficiency, enhancing productivity and empowering collaboration among the in-house legal team and their outside counsel. Managing legal operations requires optimization. With legal tracker software, legal departments can optimize spending and ensure compliance with industry regulations.

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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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People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property

Insurance Journal

This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. A summary of these new hires follows here.

More Trending

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Why Empathy is the Secret Weapon in Workers’ Compensation Programs

AMAXX

In workers’ compensation programs, the conversation often revolves around costs, compliance, and claims management systems. Technical precision is important but what truly drives results, both financially and humanely, often flies under the radar: empathy. Empathy isnt just a nice to have in workers comp management it’s a proven strategy for reducing claim costs, preventing litigation, and helping injured employees return to work faster.

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A great way to make an impact on your community

Shield Insurance Agency

We here at Shield Insurance Agency wanted to thank Meals on Wheels Western Michigan for allowing us to volunteer this month. On Thu, Apr 3, 2025, half of our “in-house” team joined the MOWWM team to volunteer locally in our community; this included Andy and Dawn Simmons (owners of Shield Insurance Agency), Jade Browne, Patti McCarthy-Stejskal, Melissa Hunt, and Nate Schaap.

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Major Automakers Want Congress to Bar California 2035 Electric Vehicle Plan

Insurance Journal

Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S.

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The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage

Property Insurance Coverage Law

When it comes to protecting your home, business, or investment property, theres one essential coverage that many property owners overlook regarding Ordinance or Law (O&L) coverage. Insurance agent expert and educatorDavid Thompson, in a comment to a discussion on Property Insurance Coverage Law, highlights a common and critical misconception and highlights that newly constructed buildings … The post The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage a

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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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Why Real Estate Investors Need Customizable Insurance Solutions

Unitas Financial Services

In todays fast-paced real estate market, real estate investors need more than just standard insurance coveragethey need flexibility, efficiency, and control. Whether managing a portfolio of single-family rentals, multifamily units, or fix-and-flip properties, the traditional insurance model often falls short in meeting the dynamic needs of real estate investors.

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Landlord Insurance in Colorado: Coverages, Costs, and Benefits

Distinguished

With a growing population, a strong job market, and more renters than most states 34.1% of residents Colorado is a great place to own landlord-managed properties. Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential.

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New SEC Chair Says Crypto Sector Deserves Clear Regulations

Insurance Journal

The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years.

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Suit-Limitation Clauses in Property Insurance—File Fast or Lose Everything

Property Insurance Coverage Law

Few things send shivers down a policyholders spine faster than discovering that an otherwise valid claim has been sunk by a missed filing deadline. That is exactly what happened in a case decided last week,The Renaissance on Memorial, L.L.C. v. Travelers Casualty Insurance Company of America. 1 The property owner sued three and a half … The post Suit-Limitation Clauses in Property InsuranceFile Fast or Lose Everything appeared first on Property Insurance Coverage Law Blog.

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Blog Post: Title IX, IEPs and the First Amendment: A Federal Law Survival Guide for Public Schools

LexisNexis

In todays educational landscape, navigating the classroom is only half the battle. The other half? Navigating the legal maze that surrounds every decision school leaders make. From student discipline to free speech, the legal stakes in public education have never been higher. Missteps can mean lawsuits, federal investigations or lasting reputational damage.

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INSURING VALUABLE ASSETS WITH CHUBB IN NJ

Boyle Agency Insurance

Top Protection For Your Prized Possessions Bogle Agency Insurance offers Chubb Masterpiece Valuables Insurance to clients who wish to have greater coverage for their valuable possessions. This insurance provides wider protection for items that have greater value than your standard household belongings. Valuables may be described as those things that have greater worth than the ordinary.

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Vermont Takes Over Medical Liability Insurer CARE RRG Facing $35.4M Judgment

Insurance Journal

A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a $35.

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Restoration Contractors Should Provide Written Notice of AOB

Property Insurance Coverage Law

A recent federal court decision out of Louisiana highlights an important lesson for restoration contractors: If you get an Assignment of Benefits (AOB) from a property owner, you must make sure the insurance company actually knows about it. InCat 5 Global, LLC v. State Farm Fire & Casualty Company, 1 Cat 5 Global performed major … The post Restoration Contractors Should Provide Written Notice of AOB appeared first on Property Insurance Coverage Law Blog.

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Distinguished Programs Introduces Commercial Surety Division Led by Miguel Ferreira 

Distinguished

NEW YORK — Distinguished Programs, a national insurance program administrator, has announced the launch of its Commercial Surety division, marking a significant expansion of its Surety program. The new division, led by industry veteran Miguel Ferreira, joins the Contract Surety unit introduced in 2024 and is expected to begin underwriting in the second quarter of this year.

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Annuity Marketing & Sales Support — Powered by PSM

PSM Brokerage

Add Annuities to Your Portfolio. Well Help You Sell Like a Pro. PSM is bringing the same trusted support you know now focused on annuities. Partner with a team that delivers next-level marketing, lead gen, and training to help you tap into your existing book of business and close more annuity sales. Heres what youll get when you contract: Access to over 40 top carriers High-converting, targeted lead campaigns Customized marketing materials (postcards, flyers, ads) Annuity Rate Watch illustr

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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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The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage

Property Insurance Coverage Law

When it comes to protecting your home, business, or investment property, theres one essential coverage that many property owners overlook regarding Ordinance or Law (O&L) coverage. Insurance agent expert and educatorDavid Thompson, in a comment to a discussion on Property Insurance Coverage Law, highlights a common and critical misconception and highlights that newly constructed buildings … The post The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage a

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Blog Post: Bill to Limit Auto Accident Damages for ‘Unauthorized Aliens’ in LA

LexisNexis

Unauthorized Alien Limits Among Trio of Auto Insurance Proposals Under Consideration in LA House Three auto insurance bills cleared the Louisiana House Committee on Civil Law and Procedure last month. One of them ( HB 436 ) would prohibit unauthorized aliens from receiving general damages, including compensation for pain and suffering, in auto accident cases, although they could still receive special damages, including medical expenses and property damage.

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Container explosion caused by self-heating chemical cargo, Chinese investigation finds

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Container explosion caused by self-heating chemical cargo, Chinese investigation finds appeared first on Insurance Marine News.

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Trawick International Moves HQ from Alabama to Miami

Insurance Journal

Trawick International, a longtime provider of travel insurance, student insurance and specialty coverage, is moving its headquarters from the quiet streets of Fairhope, Alabama, to Miami.

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Suit-Limitation Clauses in Property Insurance—File Fast or Lose Everything

Property Insurance Coverage Law

Few things send shivers down a policyholders spine faster than discovering that an otherwise valid claim has been sunk by a missed filing deadline. That is exactly what happened in a case decided last week,The Renaissance on Memorial, L.L.C. v. Travelers Casualty Insurance Company of America. 1 The property owner sued three and a half … The post Suit-Limitation Clauses in Property InsuranceFile Fast or Lose Everything appeared first on Property Insurance Coverage Law Blog.

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Yangzijiang Financial to spin off shipping investment business

Splash: Finance and Insurance

Yangzijiang Financial Holding has moved to spin off its maritime investment undertaking and list it on the Singapore Stock Exchange.

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Ukraine arrests ship and detains crew; says they “looted” grain from Crimea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ukraine arrests ship and detains crew; says they looted grain from Crimea appeared first on Insurance Marine News.

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Why Restarting a Power Grid After Massive Collapse Is So Hard

Insurance Journal

It’s a worst case scenario that grid operators plan for but hope never to encounter.

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Costco Connect Insurance: Everything you should now

Agency Height

Are you looking for better coverage at a lower price? Discover why Costco members are switching to Costco Connect Insurance. 1. Auto In.

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Blog Post: How Can AI Help Lawyers Move Up the Value Chain?

LexisNexis

By: Julie Chapman, LexisNexis Head of Legal, North America The acceleration in the adoption of new artificial intelligence (AI) tools in the legal industry has many lawyers anxious about how this technology will change their profession. This is perfectly understandable as with any new tech innovation that impacts the way that law is practiced, there are uncertainties around what it is, whether its worth the hype and even how it may impact the value of lawyers in the future.

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Outdraft currents and an inexperienced pilot, contributed Ohio River accident: NTSB

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Outdraft currents and an inexperienced pilot, contributed Ohio River accident: NTSB appeared first on Insurance Marine News.

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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.