All Posts

JPMorgan Sues Customers Over Check Fraud Linked to Glitch That Went Viral

Insurance Journal

JPMorgan Chase, the largest U.S. bank, has begun suing customers for check fraud, saying they improperly withdrew funds by taking illegal advantage of a temporary technical glitch that went viral on TikTok. The glitch in late August let customers dep...

Posted: Oct 30, 2024

McDonald’s sued by consumers in proposed class action over E.coli outbreak

Insurance Journal

McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain’s Quarter Pounders. Amanda McCray of Chicago and William Michael Kraft of Davie, Florida, sai...

Posted: Oct 30, 2024

McDonald’s Sued by Consumers in Proposed Class Action Over E.coli Outbreak

Insurance Journal

McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain’s Quarter Pounders. Amanda McCray of Chicago and William Michael Kraft of Davie, Florida, sai...

Posted: Oct 30, 2024

McDonald’s Sued by Consumers in Proposed Class Action Over E.Coli Outbreak

Insurance Journal

McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain’s Quarter Pounders. Amanda McCray of Chicago and William Michael Kraft of Davie, Florida, sai...

Posted: Oct 30, 2024

Washington Drafting New Ergonomic Rules for Airline Ground Crews

Insurance Journal

Scheduled airline ground crews, including baggage handlers and maintenance workers, file injury claims for work-related musculoskeletal disorders at more than 10 times the statewide average, according to the Washington State Department of Labor &...

Posted: Oct 30, 2024

Arthur J. Gallagher Acquires Adept Benefits in Washington

Insurance Journal

Arthur J. Gallagher & Co. acquired Snoqualmie, Washington-based Adept Benefits LLC. Adept Benefits is a health and benefits consulting firm serving clients in the greater Seattle area. Megan Narrance and her team will remain in their current loca...

Posted: Oct 30, 2024

AI Weapons Scanners in NYC Subway Found Zero Guns in Month Test

Insurance Journal

A pilot program testing AI-powered weapons scanners inside some New York City subway stations this summer did not detect any passengers with firearms — but falsely alerted more than 100 times, according to newly released police data. Through nearly 3...

Posted: Oct 30, 2024

The State of the Insurance Market: What’s in Store for 2025

Risk & Insurance

With a new year around the corner, Risk Strategies takes a deeper look at the trends, insights and opportunities available for the insurers and their clients. The post

Posted: Oct 29, 2024

Transforming Cyber and Tech E&O Insurance with Underwriter Link

Insurance Journal

This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage. Underwriters need tools that reduce...

Posted: Oct 29, 2024

Massachusetts Reports 18 Brush Fires; Smoke Blankets Eastern Communities

Insurance Journal

Residents in parts of eastern Massachusetts woke to the acrid smell of smoke Monday as firefighters worked to extinguish several brush fires. The National Weather Service said on the social platform X that smoke was trapped near the ground during &#8...

Posted: Oct 29, 2024

FM Names Steve Wrinkle SVP of Strategy and Business Transformation

IIR

In this newly created role, Wrinkle will be responsible for strategy formation and management, including leading FM’s portfolio of strategic initiatives.

Posted: Oct 29, 2024

How to Leverage AI Responsibly for Policyholders, CSRs and Managers

IIR

Implementing AI requires a thoughtful approach that enforces compliance and keeps a human in the loop, but those that embrace AI effectively will be poised to streamline processes and transform both CSR and policyholder interactions.

Posted: Oct 29, 2024

Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income

Insurance Journal

Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8% CEO Evan G. Greenberg said the Whitehouse Station, New Jersey-based insurer is …

Posted: Oct 29, 2024

6 Keys for Policy Management Software

Insurance Thought Leadership

6 Keys for Policy Management Software Agent & Broker ClareCarroll1

Posted: Oct 29, 2024

Commercial Insurance Rate Increases to Ease

Insurance Thought Leadership

Commercial Insurance Rate Increases to Ease Commercial Lines ClareCarroll1

Posted: Oct 29, 2024

10 Ideas to Refresh Your Firm’s Philanthropy

Insurance Thought Leadership

10 Ideas to Refresh Your Firm’s Philanthropy Leadership ClareCarroll1

Posted: Oct 29, 2024

How About One, Universal Life Insurance Application?

Insurance Thought Leadership

How About One, Universal Life Insurance Application? Life & Health ClareCarroll1

Posted: Oct 29, 2024

10 Questions for MSIG USA’s Head of Casualty, Tracey Estes

Risk & Insurance

We are taking a dual-channel distribution approach, providing products tailored for both retail and wholesale markets. The post 10 Questions fo...

Posted: Oct 29, 2024

DoorLoop raises $100 million

coverager

DoorLoop's software features a variety of solutions for property managers.

Posted: Oct 29, 2024

Baloise to sell FRIDAY

coverager

HOMEE has expanded its repair coverage to now cover more than 7 million homes in 38 states.

Posted: Oct 29, 2024

2025 Predictions: Tech and UBI Growth, 5 Carriers to Exit Auto Market

Carrier Management

2025 Predictions: Tech and UBI Growth, 5 Carri...

Posted: Oct 29, 2024

Repair Times Decline by 5 Days, Auto Claims Costs Continue to Rise: JD Power

Carrier Management

Repair Times Decline by 5 Days, Auto Claims Costs Continue to Rise: JD Power Rising auto insurance premiums and long cycle times have been the bane of insurers for some time. A new report, "U.S. Auto Claims Satisfaction Study" from J.D. Power, finds...

Posted: Oct 29, 2024

Emerging Topics Take Center Stage at CPCU Society’s In2Risk Event

Risk & Insurance

The annual conference in will feature educational seminars on emerging global issues, trending topics, and innovative solutions. The post

Posted: Oct 29, 2024

New Jersey Workers’ Compensation Rates to Drop 3.9% for 2025

Insurance Journal

New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies e...

Posted: Oct 29, 2024

8 Questions for Dan Riordan of MSIG USA

Risk & Insurance

Ultimately, our philosophy is to work closely with experienced and influential clients, partner with multilateral agencies, and build a diversified portfolio to effectively manage political risk in emerging markets. The post

Posted: Oct 29, 2024

The Hartford and Coalition partner to tackle growing demand in UK cyber market

Reinsurance News

Property & casualty (P&C) insurer The Hartford and Coalition, a cyber insurer, have entered into a strategic, long-term capacity partnership to combat the growing customer and broker demand for Coalition’s Active Cyber Insurance approach i...

Posted: Oct 29, 2024

Beef Patties Not Source of E. coli, McDonald’s Quarter Pounder Back on Menu

Carrier Management

Beef Patties Not Source of E. coli, McDonald’s Quarter Pounder Back on Menu McDonald's announced Sunday...

Posted: Oct 29, 2024

People Moves: Novak Joins Alliant Insurance Services’ Employee Benefits Group as SVP

Insurance Journal

Ron Novak joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president and producer within its employee benefits group. Novak, based in Greater Fayetteville, Arkansas, works with employers across Arkansas, Oklahoma...

Posted: Oct 29, 2024

State Farm Settles Immigration Discrimination Case with Justice Department

Insurance Journal

The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of State Farm’s corporate offices in Richardson, Texas, violated the Immigration and Nationality Act...

Posted: Oct 29, 2024

Minnesota Aquarium Manufacturer Fined $226K for Alleged Pesticide Violations

Insurance Journal

The U.S. Environmental Protection Agency announced last month a settlement with Underwater Creations Inc. of St. Louis Park, Minnesota, to stop the sale of unregistered pesticide products. The settlement requires the company to stop production and pa...

Posted: Oct 29, 2024

Aviva completes £1.3bn buy-in with RAC Pension Scheme, integrates existing longevity swap

Reinsurance News

Aviva has completed a £1.3 billion bulk purchase annuity full buy-in with The RAC (2003) Pension Scheme, securing the benefits for all c19,000 members. According to the firm, features of the deal included a novation of the scheme’s existing longev...

Posted: Oct 29, 2024

Michigan Culver’s Restaurants Sued for Discriminating Against Transgender Employee

Insurance Journal

Five related entities operating Culver’s restaurants in Michigan violated federal law when they fired a transgender employee and three of his colleagues after they complained about harassment, the U.S. Equal Employment Opportunity Commission (E...

Posted: Oct 29, 2024

B.P. Marsh increases stake in Pantheon Specialty to 37%

Reinsurance News

B.P. Marsh & Partners, a specialist private equity investor, has acquired an additional 5% shareholding in Pantheon Specialty Limited (Pantheon) from eight members of Pantheon’s management team for £12.5 million in cash. This acquisition raise...

Posted: Oct 29, 2024

VIG launches CyRiSo

coverager

Services are available to VIG customers, as well as third parties.

Posted: Oct 29, 2024

The Hartford and Coalition announce partnership

coverager

The Hartford is assuming a quota share of Coalition’s UK cyber program.

Posted: Oct 29, 2024

bolt announces collaboration with Salesforce

coverager

The integration enables Salesforce Financial Services Cloud customers to compare insurance quotes across multiple carriers.

Posted: Oct 29, 2024