Fri.Jun 13, 2025

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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.

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Texas SB 458: What Homeowners and Drivers Need to Know About the New Appraisal Law

Property Insurance Coverage Law

In 2025, the Texas Legislature passed Senate Bill 458 (SB 458), 1 a significant reform aimed at protecting policyholders in disputes over insurance claims. This new law mandates that all personal auto and residential property insurance policies in Texas include a binding appraisal clause, a move that restores and strengthens a key consumer protection tool. … The post Texas SB 458: What Homeowners and Drivers Need to Know About the New Appraisal Law appeared first on Property Insurance Cove

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Insurer USAA Expands Presence in Virginia With Purchase of Building

Insurance Journal

Insurer USAA, which serves military veterans and their families, has purchased a new, larger office space in Chesapeake, Virginia to accommodate its expanding membership and workforce.

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U.S. Lawmakers Reintroduce the PAID Act to End Discrimination in Auto Insurance Rates

Top Insurance Blogs

A new push to overhaul how auto insurance premiums are calculated in the United States is gaining momentum. This week, the Prohibit Auto Insurance Discrimination (PAID) Act was reintroduced in the U.S. House of Representatives, targeting what many say are unfair and discriminatory pricing practices in the car insurance industry. The bill, championed by Representatives […] The post U.S.

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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: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

Insurance Journal

This edition of International People Moves details appointments at Beazley and QBE Insurance. A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of parametric insurance.

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

Insurance Journal

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.

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How Third-Party Litigation Funding Is Shaping the Insurance Sector in Canada

Top Insurance Blogs

A new report by global law firm Dentons LLP is raising red flags about the growing influence of third-party litigation funding in Canada. Commissioned by the Insurance Bureau of Canada (IBC), the report explores how litigation funding, once seen as a tool for justice, is now creating significant ripple effects in the commercial insurance industry. […] The post How Third-Party Litigation Funding Is Shaping the Insurance Sector in Canada appeared first on My Top Insurance Blogs.

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People Moves: Feller Joins Huntington Insurance as Employee Benefits Senior Managing Director

Insurance Journal

Huntington Insurance Inc., headquartered in Columbus, Ohio, named Zack Feller as employee benefits senior managing director. Feller joins Huntington from Keystone, where he most recently served as president of employee benefits.

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How Pre-existing Conditions Affect Your Health Insurance in Germany

Top Insurance Blogs

One of the most common and sensitive topics that comes up during consultations is the effect of pre-existing conditions on health insurance. In Germany, this topic requires careful explanation because the health insurance landscape is complex and unique. According to the Federal Statistical Office (Destatis), over 15% of adults in Germany live with a chronic […] The post How Pre-existing Conditions Affect Your Health Insurance in Germany appeared first on My Top Insurance Blogs.

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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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European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

Insurance Journal

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance.

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Allianz Australia Gains ACCC Approval for RAA Insurance Acquisition

Top Insurance Blogs

Allianz Australia has received the green light from the Australian Competition and Consumer Commission (ACCC) to acquire RAA Insurance (RAAI) — the personal insurance arm of the Royal Automobile Association of South Australia. As part of the deal, Allianz and RAA will enter into a 20-year exclusive distribution agreement, cementing a long-term partnership in South […] The post Allianz Australia Gains ACCC Approval for RAA Insurance Acquisition appeared first on My Top Insurance Blogs.

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Greece, UK Urge Ships to Avoid Red Sea, Log Hormuz Voyages, Documents Show

Insurance Journal

Greece and Britain have advised their merchant shipping fleets to avoid sailing through the Gulf of Aden and to log all voyages through the Strait of Hormuz after Israel’s large-scale attacks on Iran on Friday, documents seen by Reuters showed.

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4 Key Importance of Indemnity Insurance in the United States

Top Insurance Blogs

What is indemnity insurance? How does indemnity insurance work in the United States? What is the importance of indemnity insurance and why should you buy one? These questions will be answered as you go through the content of this piece. We discussed extensively what indemnity insurance means, how an indemnity insurance policy works, and why […] The post 4 Key Importance of Indemnity Insurance in the United States appeared first on My Top Insurance Blogs.

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Families of People Killed in Georgia Ferry Dock Collapse Sue Companies That Built it

Insurance Journal

Relatives of seven people who drowned in waters off a Georgia island after a ferry dock walkway collapsed announced Wednesday they filed a lawsuit against the companies that designed and built it.

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5 Questions to Ask When Buying Livestock Insurance in the UK

Top Insurance Blogs

If you are a farmer or intend to go into animal farming, you may need to ask some important questions before buying livestock insurance. This will help you know what coverage you’d be getting and for how much. If you are into livestock farming and you are considering buying insurance for your cattle, sheep, pigs, […] The post 5 Questions to Ask When Buying Livestock Insurance in the UK appeared first on My Top Insurance Blogs.

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Jury Awards $500K to Exploited Guatemalan Laborers in Michigan

Insurance Journal

A jury has awarded more than $500,000 to five men from Guatemala who said they were exploited and underpaid by a labor contractor that brought them to Michigan to plant and harvest fruit and vegetables.

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Specialist Risk Group and Asta Announce Key Leadership Appointments

Top Insurance Blogs

This week, two major insurance firms, Specialist Risk Group (SRG) and Asta, unveiled strategic leadership changes that underscore their long-term growth ambitions. Neil Nimmo (pictured) has been named UK Chief Executive at SRG, while Stuart Logue steps in as the new Chief Financial Officer (CFO) at Asta. Specialist Risk Group Names Former Lockton Executive as […] The post Specialist Risk Group and Asta Announce Key Leadership Appointments appeared first on My Top Insurance Blogs.

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‘I Got Up and Ran’: How One Man Survived Plane Crash That Killed 241

Insurance Journal

As Air India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class — headed for one of the most harrowing and luckiest moments of his life. After the Boeing Co.

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Aviva Canada Appoints Nav Dhillon as Interim CEO

Top Insurance Blogs

Aviva Canada has announced a major leadership transition. Nav Dhillon, the company’s current Chief Financial Officer, has been appointed interim Chief Executive Officer of Aviva Canada following the departure of Tracy Garrad, who is returning to the UK for personal reasons. Leadership Change at a Pivotal Time This transition comes during a critical period for […] The post Aviva Canada Appoints Nav Dhillon as Interim CEO appeared first on My Top Insurance Blogs.

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Tax Credit to Offset Insurance Deductibles Is Part of Missouri Legislative Package

Insurance Journal

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers on Wednesday approved hundreds of millions of dollars of financial aid to try to persuade the Kansas City Chiefs and Royals to remain in the state and help the St.

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Zywave Announces 2025 Cyber Risk Award Winners

Zywave

Zywave, a leading insurtech provider, celebrated the cyber risk industry’s top individuals and firms at the 12 th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 12, 2025.   The winners in 17 categories were announced at a black-tie gala dinner for nearly 500 attendees. Arch Insurance, Arete, The Beckage Firm, CFC, CRC Group | INSUREtrust, CyEx, Cytactic, Epiq, Gordon Rees, Lyra Recovery, Pondurance, and S-RM sponsored the event.

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Search for Answers Begins in Air India Crash That Killed 241

Insurance Journal

Investigators are combing the wreckage of Air India flight AI171 to determine what caused the Boeing Co.

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Australian Drivers Shocked at the High Cost of Electric Vehicle Insurance

Top Insurance Blogs

Australian electric vehicle (EV) owners are still paying more for car insurance than drivers of hybrid vehicles, according to new research by Compare the Market. The study, released in March 2025, found that battery-electric vehicles (BEVs) cost an average of $2,134 per year to insure, while hybrid or plug-in hybrid electric vehicles (HEVs/PHEVs) average $1,650. […] The post Australian Drivers Shocked at the High Cost of Electric Vehicle Insurance appeared first on My Top Insurance Blogs.

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Hit and Run Claims: Will Your Insurance Rates Take a Hit Too?

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Will filing a hit-and-run claim raise your insurance rates? Find how different policies impact premiums and what factors insurers consider. 1.

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Debeka: The Best German Health Insurance Company

Top Insurance Blogs

The German health insurance industry can’t be effectively discussed without a mention of Debeka. With its impressive history, wide reach, and customer-focused policies, Debeka stands out from the rest.  Therefore, in this blog post, I’ll cover everything German policyholders need to know about Debeka: The Best German Health Insurance Company. A Century-Long Legacy Debeka was […] The post Debeka: The Best German Health Insurance Company appeared first on My Top Insurance Blogs.

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Does Renters Insurance Cover Car Break-Ins?

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Wondering does renters insurance cover car break-ins. Learn what’s protected, what’s not, and how to safeguard your belongings.

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What is the Best Car Insurance in California for Drivers with a DUI?

Top Insurance Blogs

What is the best car insurance for drivers with a DUI in California? Are there interesting facts about car insurance in California that you need to know? Why are these car insurance providers offering premiums to drivers with a DUI considered a delight? When you are caught by the police or CCTV camera for driving […] The post What is the Best Car Insurance in California for Drivers with a DUI?

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JetZero to Build $4.7B Next-Gen Plane Plant in NC With Up to 14,500 Jobs

Insurance Journal

JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade.

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Does Car Insurance Cover Flood Damage? 

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Wondering does car insurance cover flood damage? Learn what types of coverage protect your vehicle from floods and how to stay.

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California, 10 Other States Sue to Block Trump From Killing 2035 EV Rules

Insurance Journal

A group of 11 states led by California on Thursday filed suit challenging a repeal by Congress of the state’s 2035 electric vehicle rules and heavy duty truck requirements. U.S.

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