The commercial property insurance market is navigating a constantly evolving landscape in 2025, in which rising costs, labor shortages, and the ever-present threat of business interruption are reshaping how claims are managed. In response, many insurers and risk managers are …
Category: Insurance Journal
How Your Company’s Recruitment Practices Might Be Driving Candidates Away
Time is crucial in recruiting. For instance, when it comes to client service hires, successful insurance agencies fill Customer Service Representative (CSR) and Account Manager job openings within 30 days. How does your timeline compare–are you on par, or is …
Lawsuit Dismissed Against Detroit Police in Facial Recognition Arrest
A judge has dismissed a lawsuit against Detroit police in the wrongful arrest of a pregnant woman who was charged in a carjacking partly because of facial recognition technology. Porcha Woodruff, who was eight months pregnant, spent 10 hours in …
Maryland Moves to Deny Liability Limit Sought by Ship Manager in Key Bridge Collapse
The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied the protections of a federal maritime law it seeks to invoke because it is not the owner of the ship, …
Insured Losses in Texas Exceed $47 Billion in 2024
Insured losses exceeded $47.2 billion in Texas last year–a 4.2% increase over 2023, according to a new property/casualty market report from the state’s insurance council. Annual direct losses in Texas have now increased in two consecutive years. Broken out by …
Trump Files to Cancel Approval of Maryland Offshore Wind Farm
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …
US Political Violence Surges to Record, Bloomberg Analysis Shows
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” “class …
Georgia Church Leaders Charged With Buying Homes With False Documents
Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Court in Savannah charges …
Reuters: AI Chatbots Were Happy to Help Craft a Phishing Scam
The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their golden years,” …







