2025

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Weeks Later, Erie and Philadelphia Insurance Still Working to Restore Networks

Insurance Journal

Erie Insurance reports that it has made progress in reconnecting several business systems and applications as it continues to recover from a network outage that is now 17 days old.

Insurer 290
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The Jay Feinman Interview: Are Courts Letting Insurers Get Away with Bad Faith?

Property Insurance Coverage Law

In my recent Claim Game interview with Professor Jay Feinman, one moment in particular captured what many in the insurance world know, but rarely say out loud: insurers get away with bad faith because courts or court-made law let them. That might sound like an exaggeration or sour grapes, but as Feinman and decades of legal scholarship … The post The Jay Feinman Interview: Are Courts Letting Insurers Get Away with Bad Faith?

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What is Business Income Insurance?

Central Insurance

Learn how business interruption insurance protects your business stability and income during a temporary closure. The post What is Business Income Insurance? 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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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.

More Trending

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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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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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Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

Insurance Journal

The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report.

Risk 289
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Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers

Insurance Journal

Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and most recently Aflac are indicative of a trend.

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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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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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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.

Insurer 280
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Insurer Aflac Investigating Possible Data Breach

Insurance Journal

Aflac on Friday disclosed a cybersecurity incident in which personal information of its customers may have been compromised, making it the latest insurance provider to be targeted. The health and life insurance firm said the attack on its U.S.

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Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance

Insurance Journal

Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process.

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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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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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276
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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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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.

Insurer 261
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Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it

Insurance Journal

If this latest wave of retail cyberattacks proves anything, it’s that any business in any sector and of any size can find itself breached.

Cyber 281
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California Commissioner Investigating State Farm’s Handling of LA Wildfire Claims

Insurance Journal

California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands of insurance claims from wildfire survivors affected by the Palisades and Eaton wildfires in January.

Claim 268
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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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Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022

Insurance Journal

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.

Premium 306
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Markets/Coverages: Brit Launches Digital Flood Product for US Market

Insurance Journal

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market.

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Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Insurance Journal

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS.

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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.

Insurer 264
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Asset Owners With $9.5 Trillion Call for Stopping Deforestation

Insurance Journal

A coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets has called on investors to ensure their portfolios aren’t supporting or enabling deforestation.

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E&S Insurtech Ledgebrook Raises $65 Million

Insurance Journal

Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens Group, LLC.

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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.

283
283
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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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Plenty of Investor Interest in Insurance Despite Drop in Deal Volume, Says PwC

Insurance Journal

Deal volume is down but the total value of the deals that were made is up, according an analysis by PwC of mergers and acquisitions in the insurance sector.

Insurer 266
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What to Watch: The Trends for P/C Insurance in 2025 So Far

Insurance Journal

As we reach the midpoint of 2025, now is a perfect time to reflect on some of the key trends that have defined the first half of the year while also looking ahead at what to expect in the back …

Insurer 253
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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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Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

Insurance Journal

Uber Technologies Inc.

Damage 277