Earn your Associate in Claims (AIC) or Associate in Claims – Management (AIC-M) to advance your career. See their benefits and get started today Source link

Despite a decrease in the number of severe flaws, the total volume of vulnerabilities suggested ongoing pressure on IT resources and patching capabilities. The report recommended adopting a multi-layered defense strategy, combining access controls with real-time detection, to protect against identity-driven and zero-day attacks. Source link

Small claims are the sleeper threat to your bottom line, and, according to Troy Insurance, the damage starts long before the first big injury Source link

“We also brought our partnership ethos to the incumbent agents, striving to achieve a smooth, seamless process, to focus our efforts on policies we believe can be underwritten on an actuarially sound basis within 20% of Citizens rates and to limit our reweighting predominantly to reflect our commitment to statewide diversification and exposure management,” he…

While both Landry and Temple emphasized the need to address issues such as legal abuse and distracted driving, they diverged on some matters. Landry advocated for limiting the use of credit scores in underwriting, a position that has met resistance from insurers, who argue that it impairs risk-based pricing. Source link

The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples would…

Effective July 2024, Kansas also increased workers’ compensation benefits for injured or deceased workers. The total death benefit rose from $300,000 to $500,000, and the cap for permanent total disability increased from $155,000 to $400,000. This legislation, the first update since 2011, aims to create a more equitable system. Source link

In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co., 373…

Healthcare expansion, rebrand for CRC Last month, the wholesale specialist also announced the hiring of Matt Zelenc as senior vice president within CRC Specialty’s ExecPro and Healthcare Practice Groups. In this role, he oversees a team specializing in management and professional lines of coverage, including healthcare services, private company management liability, and cyber liability. Source…

At issue on appeal are two CGL policies issued by National Union Fire Insurance Company of Pittsburgh, PA, to Griffith Foods, covering the periods from September 30, 1983, to September 30, 1985. Each policy included a standard-form pollution exclusion, which bars coverage for: “bodily injury or property damage arising out of the discharge, dispersal, release…

In this case, the City of Newburgh allowed several years to pass before requesting an award for the post-retirement period. As a result, Schulze received both § 207-a(2) payments and retroactive workers’ compensation for the same time, totaling about $106,000. But the court made clear that the city’s remedy was not through the workers’ compensation…

Eleven events contributed to the March total, with four large-scale systems involving wind and hail accounting for approximately 80% of the losses Source link

In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co., 373…

Lockton names US industry practices leader Lockton, a privately held independent insurance brokerage, has appointed Chris DiLullo (pictured immediately above, left) as its first US industry practices leader. In this new role, DiLullo will be responsible for leading the company’s national strategy across key industries, including construction, healthcare, law firms, life sciences, real estate, energy…

An Arkansas court affirms that faulty workmanship during installation qualifies as a covered “occurrence” Source link

The Hilb Group, based in Richmond, Virginia, is a privately held insurance brokerage firm founded in 2009. The company provides property and casualty insurance, employee benefits, and retirement services to businesses and individuals across the United States. It employs over 2,200 people and operates more than 125 offices nationwide. Source link

Troubled health insurer sees revenue increase from a year ago Source link

It is making big strides in climate risk tech Source link

In this roundtable special of Insurance Business TV, join Tokio Marine HCC Cyber and Professional Lines Group’s  Dan Crane and Eugene Eychis as they examine the impact of AI on cyber insurance. They look at the ways in which AI is currently enhancing risk assessment, strategies to mitigate its risks and the emerging technologies they…

“We want to make sure that if you’re putting on that new roof, and if you’re doing wildfire mitigation, that it is meaningful mitigation that meets the science-based standards,” Walker said, referring to guidelines from the Insurance Institute for Business & Home Safety. Source link

Centering the broker, not cutting them out Rather than cutting brokers out of the process, as some startups do, it’s important to center them. Brokers aren’t obstacles to be bypassed – they’re the primary users. Automation, then, isn’t about replacing people but handling the repetitive tasks that slow them down. Source link

It is making big moves in climate risk tech Source link

Sletteland, who assumes the role of regional executive for New York Metro, most recently served as a broker relationship leader. Also based in the New York area, she joined Zurich in 2008 following roles at Marsh McLennan, Priceline, and Citigroup. In her new role, she will be responsible for overseeing Zurich’s engagement in one of…

While Lemonade continues to expand its auto insurance business, it has also reported significant growth in its marketing investments. In the fourth quarter of 2024, the company’s sales and marketing expenses climbed to $36 million, up from $13.4 million in the same period the previous year. “Alongside this acceleration, we remained laser focused on marketing…

This announcement follows a series of recent ALKEME acquisitions amid significant economic developments in early 2025. On April 2, President Donald Trump announced sweeping tariffs on imports, leading to a global stock market downturn. The Dow Jones Industrial Average experienced a historic 4,000-point drop over two days, marking the largest decline since the 2020 pandemic-induced…

Insurance broking unit Marsh posted standout results with revenue of $3.5 billion, up 15% overall and 5% on an underlying basis. Regional growth was led by Latin America (+8% underlying), followed by EMEA (+6%), Asia Pacific (+4%), and the US/Canada (+4%).  Source link

Industry veterans take on new roles amid shifting market needs Source link

As the largest health insurer in the United States, UnitedHealth Group is under increasing pressure to address criticism about care denials, rising costs, and a complex system that many patients say is difficult to navigate. Its new CEO is now responding publicly, pledging improvements in how it communicates with patients and streamlines access to care. …

Exclusively available through Amwins brokers, the program offers follow-form excess liability on a quota-share basis. It is written on A+ rated paper and structured to address growing demand for flexible, high-limit liability coverage. The offering is available nationwide and targets a wide industry spectrum.  Source link

Eligible states for the new endorsement include Texas, Illinois, Florida, New Jersey, and 38 others. Progressive expects Cargo Plus to reach 49 states by May 21, 2025, and achieve full nationwide availability by the end of the year, pending regulatory approval.   Source link