2025

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Size of Florida’s Slide Insurance Exec Compensation Has Tongues Wagging

Insurance Journal

When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S.

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Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiato’s Vision

Property Insurance Coverage Law

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. He is a person whose leadership and messaging offer a compelling look into how large insurers publicly … The post Understanding Leadership from Inside the Insurance Claims Machine: Reflections on Mike Fiatos Vision ap

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7 Things Customers Love About Working With Central

Central Insurance

Discover why customers rave about Centrals insurance claim processplus 6 more reasons they trust us to protect what matters most. The post 7 Things Customers Love About Working With Central appeared first on Central Insurance Blog.

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LMI activates our Catastrophe Response Plan

Prof. Allan Manning

Having attended every major natural catastrophe as LMI since 1999, both LMI Group and Aequum Adjusters have activated their respective Catastrophe Response plans putting in place the resources required to respond to the expected claims from Cyclone Alfred. We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible res

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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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Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion

Insurance Journal

Brown & Brown Inc. said it has entered into an agreement to buy Accession Risk Management, the parent company of specialty brokerage firm Risk Strategies and wholesaler One80 Intermediaries, for about $9.8 billion.

Risk 253

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UK Judge Warns of Risk to Justice After Lawyers Cited Fake AI-Generated Court Cases

Insurance Journal

Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research.

Risk 295
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AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1

Insurance Journal

Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry.

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AI’s Urgent Need for Power Spurs Return of Dirtier Gas Turbines

Insurance Journal

If Stargate’s first AI data center is completed next year as planned, the 900-acre site will need enough round-the-clock electricity to support 300,000 homes. But securing that power isn’t as simple as plugging into the grid.

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Catastrophe Experts Tap AI to Tackle Soaring Insured Losses

Insurance Journal

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods.

Insured 280
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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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Missouri DCI Estimates High Uninsured Rates in St. Louis Amidst Tornado Recovery

Insurance Journal

The Missouri Department of Commerce and Insurance released preliminary uninsured estimates for properties in the St. Louis in response to the F3 tornado that struck the region on Friday, May 16.

Insured 261
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Georgia Lawmakers Approve Major Tort Reform, Overhaul of Legal System

Insurance Journal

ATLANTA (AP) Republican Gov. Brian Kemp’s measure to limit lawsuits in Georgia received House approval Thursday, poising the state’s litigation landscape for a controversial overhaul after a lengthy lobbying campaign.

Liability 298
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Triple-I: New Research Suggest Link Between Litigation Funding, Attorney Ads

Insurance Journal

According to research from the American Tort Reform Association (ATRA), legal service providers spent more than $2.5 billion on 26.9 million ads in 2024 alonewith significant increases in television, radio and outdoor advertising since 2017.

Insured 264
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AI’s Need for Power Spurs Return of Dirty Gas Turbines

Insurance Journal

If Stargate’s first AI data center is completed next year as planned, the 900-acre site will need enough round-the-clock electricity to support 300,000 homes. But securing that power isn’t as simple as plugging into the grid.

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Florida OIR Wants More Data, Warns Insurers about Concurrent Causation Denials

Insurance Journal

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices.

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Boeing Agrees to Resolve US Criminal Case Over 737 Crashes

Insurance Journal

Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago.

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Dangerous-Dog Owners in Florida Must Now Get $100,000 in Liability Insurance

Insurance Journal

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.

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After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Insurance Journal

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.

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City of London Hit Harder Than Rest of Economy Since Brexit Vote

Insurance Journal

The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum. Financial and insurance output has grown just 2.

Insured 278
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Mondelez Sues Aldi, Alleging Grocery Chain Copies Packaging to Confuse Customers

Insurance Journal

Snack food maker Mondelez International is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “blatantly copies” Mondelez products like Chips Ahoy, Wheat Thins and Oreos.

Liability 241
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Ex-Police Officers Plead Guilty to Conspiring in Auto Insurance Fraud Scheme

Insurance Journal

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. Hayes. Michael Anthony Owen, Jr.

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Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

Insurance Journal

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S.

Insured 277
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Massachusetts Cuts Red Tape on Insurers, Plus Banks, Contractors, Barbers and More

Insurance Journal

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.

Insured 231
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Erie Insurance Still Working to Restore Systems After Outage

Insurance Journal

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.

Insured 265
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After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits

Insurance Journal

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. Sen.

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FEMA Head Said He Was Unaware of US Hurricane Season, Sources Say

Insurance Journal

Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said he had not been aware the country has a hurricane season, according to four sources familiar with the situation.

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Nurse Showed COVID Was Work-Contracted, West Virginia Supreme Court Rules

Insurance Journal

The West Virginia Supreme Court has ruled 3-2 that a prison nurse is entitled to workers’ compensation benefits for her COVID-19 disease because she provided sufficient evidence that she contracted it in her workplace and not outside of work.

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When a Neighborhood Floods, Foreclosures Often Follow

Insurance Journal

As climate change worsens extreme weather around the US, floods are increasing the risk of home foreclosure, according to a new report by First Street Technology Inc., a climate-data company.

Risk 261
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California Plan to Ban Plants Close to Homes Overlooks Some Truths About Flammability

Insurance Journal

One of the most striking patterns in the aftermath of many urban fires is how much unburned green vegetation remains amid the wreckage of burned neighborhoods.

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

Insurance Journal

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.

Policy 273
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Davis & Towle Acquires New Hampshire’s Tobey & Merrill Insurance

Insurance Journal

Insurance agency Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, announced its acquisition of Tobey & Merrill Insurance in Hampton.

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European Utilities Rush to Hedge Against Acute Wind Drought

Insurance Journal

After spending about $380 billion over the past decade to nearly double wind power capacity in Europe, utilities are now turning to an obscure and little-known market to protect themselves against a prolonged bout of calm weather.

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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.