Insurance Law

Intelligent AI and Konsileo adopt Doorda’s Data Sets

Intelligent AI and Konsileo adopt Doorda’s Data Sets

Konsileo, a commercial insurance broker, is partnering with Intelligent AI, a data company that indicates risks across commercial property portfolios, to use Doorda data […]

Top Ten Workers Comp Payouts

Top Ten Workers Comp Payouts

Aren’t you glad you have worker’s comp insurance? You have to keep close tabs on those insurers though. The company that “covered” a South […]

Insurers Choose Less Risk, Higher Premiums

Insurers Choose Less Risk, Higher Premiums

In an interview, Shoshanna Simmons of CIC Services outlines a grim commercial insurance situation – sharply rising premiums, reductions in umbrella policy coverage, and […]

Countering Bodily Injury Exclusion Denial

Countering Bodily Injury Exclusion Denial

Insurance carriers are like the Cheshire Cat, says attorney Adam K. Gallagher, of Becker & Poliakoff. They often confuse or annoy insureds with complex […]

Workers Comp Now Covers PTSD Claims In Connecticut

Workers Comp Now Covers PTSD Claims In Connecticut

On June 12 the Governor of Connecticut signed a law that makes post-traumatic stress “injuries” presumptively compensable for workers who experience a qualifying event. […]

RiskStream Launches Collaborative Reinsurance Tool

RiskStream Launches Collaborative Reinsurance Tool

dRe is a platform that calculates parametric loss for severe storm catastrophe transactions, using RiskStream’s Canopy platform, the industry’s first reusable blockchain framework. It […]

US Insurers Suffered Most From Inflation

US Insurers Suffered Most From Inflation

An analysis of insurers’ costs from 2018 through 2022 by the Insurance Information Institute finds that US insurers have been harder hit by inflation […]

Growing Trend: N.J. Corporation Suing to Enforce Coverage

Growing Trend: N.J. Corporation Suing to Enforce Coverage

The Hunton attorneys who wrote the above-referenced blog call it “an unfortunate sign of the times.” A senior living corporation sued its insurers in […]

Rules For Micro Captives Contrary to Congressional Intent, Says SIIA

Rules For Micro Captives Contrary to Congressional Intent, Says SIIA

According to the US Tax Code, a captive insurer must qualify as an insurance company for tax purposes. It must pay tax on investment […]

AON’s Andersen Sees Need For Adaptation

The property insurance market needs to adapt to a changing global environment, says Aon PLC President Eric Andersen. The rapidly increasing rates that have […]