Insurance Journal

FEBRUARY 23, 2025

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. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …

Insurance 116

Insurance 116

Insurance Journal

JUNE 26, 2025

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. In addition, the report said, reinsurance capacity in certain business lines could …

Insurance 94

Insurance 94

Insurance Journal

MAY 2, 2025

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding …

Insurance 92

Insurance 92

Insurance Journal

JULY 11, 2025

Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility designed to help clients manage risk across every stage of data center development and operations. As global investment in digital …

Insurance 96

Insurance Construction 96

Insurance Journal

JUNE 19, 2025

’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields down. Brookfield Corp.’s Brookfield Wealth Solutions started to reduce its allocation to private credit six months ago, and is almost no longer …

Insurance 89

Insurance 89

Insurance Journal

JUNE 10, 2025

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. “Autonomy has the potential …

Insurance 100

Insurance 100

WA Bar News

JULY 16, 2025

Businesses that carry Employment Practices Liability Insurance (EPLI) may have coverage. EPLI coverage typically insures things like discrimination, harassment, and inappropriate employment conduct. Insurers, however, have been contesting coverage. Insurers, however, have been contesting coverage.

Insurance 72

Insurance Litigation Construction 72

Insurance Journal

JULY 11, 2025

The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and killed sailors this week, underscoring how the attacks have revived risk in the crucial waterway. Shipowners now have to pay …

Insurance 95

Insurance 95

Insurance Journal

FEBRUARY 5, 2025

Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index published …

Insurance 92

Insurance 92

Insurance Journal

JUNE 29, 2025

Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference …

Insurance 108

Insurance Litigation 108

Insurance Journal

MAY 29, 2025

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. The firm examined 45 …

Insurance 98

Insurance Litigation 98

Insurance Journal

JUNE 30, 2025

The UK government is planning to announce rule changes to help create a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness. Chancellor of the Exchequer Rachel Reeves is expected to lay out …

Insurance 104

Insurance 104

Insurance Journal

FEBRUARY 27, 2025

Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. With headquarters in Boston, Expert Insured also has …

Insurance 90

Insurance 90

Insurance Journal

JUNE 23, 2025

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. “Aon Broker Copilot equips our brokers with the tools to lead with insight …

Insurance 109

Insurance 109

Insurance Journal

JUNE 3, 2025

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. Maura Healey, her administration’s “Massachusetts Means Business” initiative is axing …

Insurance 92

Insurance 92

Insurance Journal

JULY 6, 2025

Here’s the thing–insurance is fundamentally about stories. When was the last time you watched someone’s eyes light up when you mentioned policy exclusions, aggregate limits, or automated underwriting? Every policy represents a narrative of protection, and every risk assessment predicts …

Insurance 97

Insurance 97

Insurance Journal

MARCH 19, 2025

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. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

Insurance 105

Insurance 105

Insurance Journal

MAY 23, 2025

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. Also known as the Pam Rock Act after a mail carrier …

Insurance 105

Insurance 105

Insurance Journal

JUNE 5, 2025

Longtime Alabama insurance agent and former congressional candidate Ken McFeeters announced he is running for governor of Alabama next year, casting himself as a political outsider and accusing his opponent U.S. Tommy Tuberville of being a “part of the …

Insurance 80

Insurance 80

Complex Discovery

JUNE 21, 2025

Editor’s Note: Cybersecurity risks have never felt more personal—or more paradoxical—than when insurers themselves fall prey to digital predators. As threat actors grow more targeted and deceptive, the insurance sector’s reliance on digital trust must be matched with equally robust cyber resilience.

Government and Public Sector 59

Government and Public Sector Insurance Defense Strategy Evidence 59

Insurance Journal

JULY 16, 2025

The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in the first six months of 2025, which is more than was saved in all of 2024. Under the state’s regulatory …

Insurance 59

Insurance 59

Insurance Journal

JULY 16, 2025

Neal, who at the start of 2025 was named CEO of reinsurance at Aon, will lead AIG’s General Insurance—North America and … American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1.

Insurance 102

Insurance 102

Insurance Journal

JUNE 4, 2025

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. Michael Anthony Owen, Jr., a former Prince Georges County officer, pled guilty to falsification …

Pleadings 102

Pleadings Insurance 102

Insurance Journal

JULY 18, 2025

Flood insurer Neptune Flood said recently it secured over $400 million in premium capacity and has launched in Alaska to officially become available in all 50 states. Neptune said its capacity panel now includes more than 30 insurance and reinsurance …

Insurance 66

Insurance 66

Insurance Journal

APRIL 30, 2025

Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this trend continues, global insured losses will approach US$145 …

Insurance 77

Insurance 77

Insurance Journal

FEBRUARY 14, 2025

the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex Group Ltd., Convex said it has worked with its advisers Gallagher Re and Asta, which …

Insurance 80

Insurance 80

Insurance Journal

JUNE 19, 2025

Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida. With the enactment in 2023 of House Bill 837—a sweeping tort-reform measure—there are important changes to how insurers and their claims professionals must approach …

Insurance 82

Insurance Litigation 82

Insurance Journal

JUNE 12, 2025

AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of the Vermont and California members of Nonprofits Insurance Alliance Group.

Insurance 66

Insurance 66

Insurance Journal

JANUARY 20, 2025

World Insurance Associates LLC acquired the business of Business Contractors Insurance Services in Santee, California. The firm provides insurance services to individuals and businesses. World Insurance Associates is headquartered in Iselin, N.J., … BCIS was founded more than 15 years ago.

Insurance 52

Insurance 52

Insurance Journal

JUNE 5, 2025

insurance agency, based in Savannah, Georgia, is now part of Patriot Growth Services, a brokerage and insurance services firm that has grown rapidly since its founding in 2019. Brennan & Co. Brennan began business in 2005, specializing in commercial marine …

Insurance 66

Insurance 66

Insurance Journal

JULY 16, 2025

Global insured losses during the first half of this year were at least $100 billion with more than 90% of that total – or approximately $92 billion – driven by wildfires and severe convective storms in the U.S., according to …

Insurance 71

Insurance 71

Insurance Journal

APRIL 29, 2025

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.

Insurance 116

Insurance 116

Insurance Journal

MARCH 18, 2025

Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest insurers, according to people familiar with the matter. The companies have held on-and-off discussions in recent months about a potential …

Insurance 59

Insurance 59

The Barrister

NOVEMBER 4, 2024

In the short-term, which ranges from 1 to 6 weeks, common issues include lease terminations and evictions, utility shutoffs, repair issues and disputes, Federal Emergency Management Administration (FEMA) applications, insurance claims, Small Business Administration (SBA) loans, unemployment applications and appeals, and security deposit disputes. [3]

Legal Services 52

Legal Services Depositions Insurance 52

Expert Witness Blog

JUNE 13, 2025

American Coastal Insurance Company , No. Background of the Case SFR Services, LLC filed a lawsuit against American Coastal Insurance Company (ACIC) for failing to pay for damage caused to a property during Hurricane Irma. In the case of SFR Services, LLC v. 2:22-cv-505 (M.D.

Witnesses 52

Witnesses Admissibility Insurance 52

Insurance Journal

JUNE 2, 2025

Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge to force insurers to pay him more than $400 million for five paintings he says were damaged in the blaze.

Insurance 64

Insurance 64

Insurance Journal

JUNE 11, 2025

Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts. The verdict comes …

Insurance 71

Insurance 71