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One Inc Launches Integrated 835 Remittance Solution

IIR

The new functionality expands ClaimsPay with automated remittance data delivery and improved access for healthcare providers.

Posted: Jun 02, 2025

People Moves: Lloyd’s Makes Executive Team Changes

Insurance Journal

Lloyd’s, headquartered in London, the world’s leading marketplace for insurance and reinsurance market for global risk, made several new appointments and updates to its executive team. Rachel Turk is appointed as chief of market performan...

Posted: Jun 02, 2025

May I Rant for a Moment?

Insurance Thought Leadership

May I Rant for a Moment? PaulCarroll Mon, 06/02/2025 - 16:42 Right before I started on the cop...

Posted: Jun 02, 2025

Lender-placed hazard policy benefit was expressly provided

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Lender-placed hazard policy benefit was expressly provided Ellen Williams purchased a residential property in Houma, Louisiana, which was mortgaged by Flagstar Ba...

Posted: Jun 02, 2025

Coverage denied for driver who transported marijuana

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published online Coverage denied for driver who transported marijuana Starting in about February 2022, Andrew Murphy was employed as a full-time delivery driver for GE United Technologies, LLC,...

Posted: Jun 02, 2025

CLAIMS REPORTING CONSIDERATIONS

Rough Notes

Contractual provisions that new agents should be aware of   New agents almost certainly aren’t aware of the language contained within carrier contracts, but this needs to be considered any time claims are concerned. By Marc McNulty, CIC, CRM New agen...

Posted: Jun 02, 2025

CREATING AN INNOVATIVE AGENCY

Rough Notes

 If Einstein were alive today, even he’d be stumped by the chaos One of the biggest killers of innovation? The phrase “that’s how we’ve always done it.” By Carolyn Smith, APR, TRA If Einstein were alive today, even he’d be scratching his head at the...

Posted: Jun 02, 2025

BUILDING A CULTURE OF GIVING:

Rough Notes

VIRTUAL AND REMOTE PHILANTHROPY FOR INDEPENDENT AGENCIES Making philanthropy part of your agency’s DNA By offering a variety of virtual engagement options, agencies can make philanthropy accessible to all employees, regardless of their schedules or l...

Posted: Jun 02, 2025

VOLUNTARY SUPPLEMENTAL HEALTH

Rough Notes

  Product enhancements drive continuing growth “[I]n the last five years it’s been a ‘space race’ of innovation in supplemental health.” —Conner Tung Mid-South Ancillary Team Lead USI By Thomas A. McCoy, CLU Rising deductibles and co-pays in high-ded...

Posted: Jun 02, 2025

Tech strategies for independent insurance agencies

coverager

A framework for effective adoption and utilization

Posted: Jun 02, 2025

Arch MI integrates with Wilqo

coverager

The integration will allow lenders to access Arch MI RateStar pricing during the mortgage lending process.

Posted: Jun 02, 2025

Markel announces completion of MECO acquisition

coverager

MECO, which has offices in London, Dubai, Shanghai and Hamburg, will trade as MECO Specialty.

Posted: Jun 02, 2025

Openly is working on a car insurance product

coverager

The startup is hiring claims professionals.

Posted: Jun 02, 2025

AXA XL targets Canadian middle market with new insurance offering

coverager

The announcement follows AXA XL’s appointment in September 2024 of Arti Rawal as Chief Underwriting Officer – Middle Market, Canada.

Posted: Jun 02, 2025

The Self-Service Lie: Downloadable Forms Are Failing Your Customers (and You).

coverager

We’re fooling ourselves if we think downloadable forms are satisfying the desire for easy self-service. Sureify’s Journey Engine was developed to ease the burden of digitizing transactions and enable carriers to rapidly scale them.

Posted: Jun 02, 2025

Allianz Life updates annuities

coverager

New indexing options include the S&P 500® Futures Index ER and the Morgan Stanley Strategic Trends 10 ER Index.

Posted: Jun 02, 2025

McGill and Partners announces digital partnership with AXA XL

coverager

AXA XL’s underwriters will benefit from insights into risk selection and exposure management through a customized dashboard.

Posted: Jun 02, 2025

A Hot Topic: The Latest News on Workers and Extreme Heat

Risk & Insurance

Extreme heat continues to be a serious risk for workers. What are the latest heat-related developments in workers’ comp? The post A Hot Topic: The La...

Posted: Jun 02, 2025

People Moves: BevCap Names Dinardo as SVP of Captive Operations

Insurance Journal

BevCap Management, a program manager for casualty and medical stop loss captive insurance companies in multiple domiciles, announced that Dawn Dinardo has joined its team as SVP of Captive Operations. With nearly 20 years of experience in captive ins...

Posted: Jun 02, 2025

Northern US Mayors Call for End to ‘Irrational’ Trade War With Canada

Insurance Journal

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities and upended one of the world’s most successful economic re...

Posted: Jun 02, 2025

P&C Insurers Well-Positioned for 2025 Hurricane Season Despite Above-Normal Forecast: Fitch

Risk & Insurance

Analysis highlights P&C insurers' capital strength, reinsurance market dynamics, and ongoing impact of Florida's legislative reforms following costly 2024 hurricane season. The post

Posted: Jun 02, 2025

Aon names Andy Marcell as CEO of Global Solutions

Reinsurance News

Andy Marcell, currently Chief Executive Officer (CEO) of Risk Capital at global insurance and reinsurance broking group Aon, where he successfully combined the firm’s Commercial Risk and Reinsurance solutions, will serve as the company&#8217...

Posted: Jun 02, 2025

Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’

Carrier Management

Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’ Cotality...

Posted: Jun 02, 2025

Inmates Clear Tornado Damage to Free Oklahoma Family Stuck for Over a Week

Insurance Journal

A work crew of incarcerated people cleared the way for a woman and her three children to finally leave their rural Oklahoma property more than a week after a tornado caused widespread damage, state officials said. The crew was still …

Posted: Jun 02, 2025

Texas Lawmakers Spike Bills to Study, Restrict PFAS

Insurance Journal

FORT WORTH — Rising public concern in Texas over PFAS, or “forever chemicals” linked to cancer, infertility and immune disorders sparked lawmakers to file half a dozen bills to study the chemicals, regulate them in sewage sludge and ban t...

Posted: Jun 02, 2025

Google to Spend $500M Revamping Compliance in Shareholder Settlement

Insurance Journal

Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers show. The preliminary settlement of so-called deriv...

Posted: Jun 02, 2025

Army Corps Finds Great Lakes Pipeline Tunnel Would Have Major Environmental Impacts

Insurance Journal

Building an underground tunnel for an aging Enbridge oil pipeline that stretches across a Great Lakes channel could destroy wetlands and harm bat habitats but would eliminate the chances of a boat anchor rupturing the line and causing a catastrophic...

Posted: Jun 02, 2025

Legal advertising & third-party litigation funding fuel rise in insurance costs: Triple-I

Reinsurance News

A new brief by the Insurance Information Institute (Triple-I) suggests that a sharp rise in attorney advertising, mass torts and third-party litigation funding (TPLF) in the United States is linked to the rising insurance costs. According to resea...

Posted: Jun 02, 2025

LA City Council Passes Budget That Trims Fire, Police Spending

Insurance Journal

The Los Angeles City Council approved a $13.9 billion budget proposal for the next fiscal year on Friday, trimming Mayor Karen Bass’s plans to increase public safety spending, in an effort to reduce layoffs amid a nearly $800 million deficit. &...

Posted: Jun 02, 2025

Joint Industry Forum Preview: Crawford & Company’s Rohit Verma

Risk & Insurance

Crawford & Company's President and CEO provides a global view of the commercial insurance industry's challenges and opportunities. The post

Posted: Jun 02, 2025

Newark Airport Runway to Reopen Monday After Construction

Insurance Journal

A runway at Newark Liberty International Airport will reopen on Monday nearly two weeks ahead of schedule following several chaotic weeks of equipment outages, runway construction and air traffic control staffing shortages that caused flight cancella...

Posted: Jun 02, 2025

June 2025 ITL FOCUS: Health

Insurance Thought Leadership

June 2025 ITL FOCUS: Health Life & Health sradomski Mon, 06/02/2025 - 11:04 ...

Posted: Jun 02, 2025

Funding Cuts Threaten Safety Training for Workers in America’s Most Dangerous Jobs

Insurance Journal

By the time Robbie Roberge spotted the fire consuming his boat’s galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters. As the flames spread up the boat’s walls, &#8230...

Posted: Jun 02, 2025

A Splitting Headache: Trends in Migraine Therapy

Risk & Insurance

Migraine medications are making up a growing portion of pharmacy spend in workers’ comp, driven by an influx of new CGRP antagonist medications to the market over the last few years. The post

Posted: Jun 02, 2025

Lloyd’s CEO looks to leverage historic brand in era of global uncertainty

Reinsurance News

As Patrick Tiernan steps into his role as CEO of the specialist Lloyd’s insurance and reinsurance marketplace, he has emphasised that the organisation’s primary focus should be on activities that drive sustainable profitability and maintain underw...

Posted: Jun 02, 2025

Administration Reverses Course on Planned Closure of Mine Safety Offices

Insurance Journal

CHARLESTON, W.Va. (AP) — The Trump administration is dropping plans to terminate leases for 34 offices in the Mine Safety and Health Administration, the agency responsible for enforcing mine safety laws, the Department of Labor said Thursday. Earlier...

Posted: Jun 02, 2025

Supreme Court Leaves Intact ‘Assault Weapons’ Bans for Now

Insurance Journal

A divided US Supreme Court declined to consider a new expansion of constitutional gun rights, turning away challenges to a Maryland ban on so-called assault weapons and a Rhode Island prohibition on high-capacity magazines. The justices left intact f...

Posted: Jun 02, 2025

1 Dead, Several Injured When More Storms Rip Through Kentucky, Southeast

Insurance Journal

SPRINGFIELD, Ky. (AP) — Another storm hit parts Kentucky, Tennessee, West Virginia and Virginia Friday, killing one person and injuring seven others. In Kentucky, Washington County Judge-executive Timothy Graves said two or three houses were destroye...

Posted: Jun 02, 2025

Safehold partners with Concert Specialty to launch specialised equipment coverage program

Reinsurance News

Safehold Special Risk, a division of Innovation Growth Partners Specialty, LLC, has partnered with Concert Specialty Insurance, a member company of Concert Group, to launch a new specialised equipment coverage program. The Safehold Specialized Equ...

Posted: Jun 02, 2025

Lloyd’s unveils new executive team as Tiernan begins role as CEO

Reinsurance News

Lloyd’s, the world’s oldest insurance and reinsurance marketplace, has announced a number of changes to its Executive Team, effective immediately. This update follows the recent appointment of Patrick Tiernan as Lloyd’s Chief Executive...

Posted: Jun 02, 2025

QUEST FOR PROFESSIONALISM

Rough Notes

To the insurance professional with a true servant’s heart, it’s what makes the job worthwhile The biggest joy for insurance agency leaders who choose this path is in witnessing those “aha!” moments, when associates display their “inner insurance nerd...

Posted: Jun 02, 2025

Police Say Driver Had 2X Legal Blood Alcohol Level in Deadly Yellowstone Crash

Insurance Journal

The driver of a pickup that crashed into a tour van near Yellowstone National Park this month, killing seven people, had a blood alcohol level more than twice the legal limit for driving, police said. The driver, identified previously as …

Posted: Jun 02, 2025