Insurance Journal

Insurance Journal
June 16, 2025 Issue

National Articles from June 16, 2025

Business Worries
Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
Triple-I: New Research Suggests Link Between Litigation Funding, Attorney Ads
Inflation Impacting Workers’ Comp Medical Costs: WCRI

Funding Cuts Threaten Safety Training for Workers in America’s Most Dangerous Jobs
As Insurance Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
Study Shows AI Spots Suspicious Claims Earlier Than Traditional Approaches
Political Risk Cover Demand Rises, but GWP Growth Lags: Report
Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters
Construction Sector: Data Centers Help Power Optimism Despite Uncertainty Over Economy
How Brokers Help With Escalating Costs
What to Know About Construction and Environmental Liability
Six Things to Know About Umbrella Insurance
Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says
DIY Home Inspections Are Taking Over, Firms Say
Tackling Cyber Risks: The Vital Role of Brokers in Third-Party Data Protection
Viewpoint: Certificates of Insurance…Or How I Got a Job in the Prison Laundry
Smoke in the Rearview: Lessons in Wildfire Preparedness from an Agency CEO’s Evacuation Experience
Tariffs, Tension, and Risk: How Trump’s Trade War Is Reshaping the Insurance Landscape
Value-Added Services to Offer Clients
How Embedded Insurance Supports Real Livelihoods in the Growing On-Demand Economy
My New Markets
People & Places
Business Moves
Declarations

West Articles from June 16, 2025

Oregon OSHA Fines Contractor for Repeatedly Violating Excavation Safety Rules
Hawaii Governor Signs Hotel Tax Bill to Help With Climate Change Through Mitigation
California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered
D.A. Says Former California Police Officer on Workers’ Comp Went to Festival, Skied

South Articles from June 16, 2025

AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual

Southeast Articles from June 16, 2025

Size of Florida’s Slide Insurance Executive Compensation Has Tongues Wagging, Eyes Popping
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
Agents Beware: Homeowner’s Failure to Read Policy Doesn’t Clear Agency of Negligence Claim, North Carolina High Court Says
SC Governor Celebrates Dram Shop-Tort Limits Law But Some Want Another Sip of Reform

Midwest Articles from June 16, 2025

Missouri DCI Estimates High Uninsured Rates in St. Louis Following Tornado

East Articles from June 16, 2025

Connecticut Closes Costly Workers’ Comp Loophole Opened by Court
Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut
Ex-FDNY Chief Gets 3 Years for Taking Bribes for Safety Inspections

Insurance JournalJune 16, 2025 Issue

Business Worries

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

Triple-I: New Research Suggests Link Between Litigation Funding, Attorney Ads

Inflation Impacting Workers’ Comp Medical Costs: WCRI

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

As Insurance Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings

Study Shows AI Spots Suspicious Claims Earlier Than Traditional Approaches

Political Risk Cover Demand Rises, but GWP Growth Lags: Report

Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters

Construction Sector: Data Centers Help Power Optimism Despite Uncertainty Over Economy

How Brokers Help With Escalating Costs

What to Know About Construction and Environmental Liability

Six Things to Know About Umbrella Insurance

Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says

DIY Home Inspections Are Taking Over, Firms Say

Tackling Cyber Risks: The Vital Role of Brokers in Third-Party Data Protection

Viewpoint: Certificates of Insurance…Or How I Got a Job in the Prison Laundry

Smoke in the Rearview: Lessons in Wildfire Preparedness from an Agency CEO’s Evacuation Experience

Tariffs, Tension, and Risk: How Trump’s Trade War Is Reshaping the Insurance Landscape

Value-Added Services to Offer Clients

How Embedded Insurance Supports Real Livelihoods in the Growing On-Demand Economy

My New Markets

People & Places

Business Moves

Declarations

Oregon OSHA Fines Contractor for Repeatedly Violating Excavation Safety Rules

Hawaii Governor Signs Hotel Tax Bill to Help With Climate Change Through Mitigation

California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered

D.A. Says Former California Police Officer on Workers’ Comp Went to Festival, Skied

AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual

Size of Florida’s Slide Insurance Executive Compensation Has Tongues Wagging, Eyes Popping

After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Agents Beware: Homeowner’s Failure to Read Policy Doesn’t Clear Agency of Negligence Claim, North Carolina High Court Says

SC Governor Celebrates Dram Shop-Tort Limits Law But Some Want Another Sip of Reform

Missouri DCI Estimates High Uninsured Rates in St. Louis Following Tornado

Connecticut Closes Costly Workers’ Comp Loophole Opened by Court

Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut

Ex-FDNY Chief Gets 3 Years for Taking Bribes for Safety Inspections

Insurance Journal
June 16, 2025 Issue