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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Report: Long COVID Accounted for Three Quarters of California Comp Virus Claim Payments

Insurance Journal

Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study.

Claim 278

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Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report

Insurance Journal

Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the adjuster’s lawyer has pushed back, arguing that the suit is an attempt to silence those who question insurers’ damage estimates.

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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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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.

Insurance 280
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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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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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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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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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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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Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

Insurance Journal

Uber Technologies Inc.

Damage 277
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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.

Insurance 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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Goldman Sees Autonomous Vehicles Transforming Insurance World

Insurance Journal

The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs.

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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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Homeowner’s Failure to Read Doesn’t Clear Agency of Negligence Claim – NC High Court

Insurance Journal

A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner who was denied coverage after a hurricane because key elements of the property were not mentioned in the coverage application.

Claim 262
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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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Regulators Are Harming UK as a Financial Center, Lords Warn

Insurance Journal

A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found.

Risk 246
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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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Premium Insurance Demand Rises With Global Travel Disruptions

Insurance Journal

With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk.

Premium 241
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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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US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS

Insurance Journal

U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.

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Florida Commission Accepts First Hurricane Models Under New Standards

Insurance Journal

The Florida Commission on Hurricane Loss Projection Methodology has accepted new loss models from Karen Clark & Co. and Cotality, the first to meet the commission’s latest standards. KCC’s Version 5.

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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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Homeowners Suing AAA Insurers and USAA over LA Wildfires

Insurance Journal

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.

Insurance 255
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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.

Insurance 277
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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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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.

Insurance 231