Insurance Journal

EverPeak Launches Workers’ Comp in Arkansas

EverPeak Insurance announced the launch of its workers’ compensation solution in Arkansas. “Arkansas is powered by its small business community, and we recognize the critical need for accessible, reliable, and high-quality workers’...

Posted: Oct 30, 2025

Adjuster Countersues Heritage Over ’60 Minutes’ Response While DFS Probe Stalls

Independent adjusters’ claims that some Florida insurance companies had tampered with their damage estimates continue to trickle through courthouses and state agencies, with final resolutions far from certain or still months or years in the fut...

Posted: Oct 30, 2025

Prediction Markets Firm Kalshi Sues NY Gambling Regulator Alleging Overreach

Predictions marketplace Kalshi Inc. sued New York’s gaming commission, saying the state agency is overstepping its authority by attempting to regulate sports-betting operations that fall exclusively under federal jurisdiction. In a lawsuit file...

Posted: Oct 30, 2025

People Moves: Aspire Promotes Alam to Chief Financial Officer

Aspire General Insurance Services promoted Bilal Alam to chief financial officer. Alam has been with Aspire since January 2023, joining the firm as chief information officer and most recently serving as chief risk officer, where he oversaw the risk,...

Posted: Oct 30, 2025

Trial Starts in $40M Lawsuit by Teacher Shot by 6-Year-Old Student

A former assistant principal at a Virginia elementary school ignored multiple warnings that a 6-year-old student had a gun in the hours before he shot his teacher, an attorney for the teacher said Tuesday as trial opened in the woman’s …

Posted: Oct 30, 2025

SCE Wildfire Fund to Pay Millions, Fast-Track Death Claims

Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The uti...

Posted: Oct 29, 2025

Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s

Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms...

Posted: Oct 29, 2025

South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices

A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …

Posted: Oct 29, 2025

Breaking: Florida Appeals Court Reverses $216M Jury Verdict in Maya Kowalski Case

A Florida appeals court today struck down the $216 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documen...

Posted: Oct 29, 2025

Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case

A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documen...

Posted: Oct 29, 2025

Fermi Orders Four Big Nuclear Reactors in Texas

Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …

Posted: Oct 29, 2025

Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care

A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolesce...

Posted: Oct 29, 2025

People Moves: Alliant Names Lapinski to Employee Benefits Group

Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and e...

Posted: Oct 29, 2025

Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit

A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …

Posted: Oct 29, 2025

Verisk Cuts 2025 Revenue Forecast Below Wall Street Estimates

Data analytics firm Verisk Analytics cut its annual revenue forecast below Wall Street estimates on Wednesday, sending shares down 8.7% in premarket trading. A slowdown in severe weather events weighed on demand for Verisk’s catastrophe risk mo...

Posted: Oct 29, 2025

Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast

Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The compan...

Posted: Oct 29, 2025

Aviva Ventures Backs Indico Data’s Insurance Operations AI

Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment wa...

Posted: Oct 29, 2025

Rebuilding Begins After Drenching Rains Flood Parts of Central, South Florida

Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters sai...

Posted: Oct 29, 2025

Vietnam Logs Five Feet of Rain in One Day, Nearing World Record

Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …

Posted: Oct 29, 2025

Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table

The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White &#8230...

Posted: Oct 29, 2025

US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia

A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S....

Posted: Oct 29, 2025

Court Dismisses Securities Fraud Charges Against Fashion Designer Cole’s Brother

The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authori...

Posted: Oct 29, 2025

Uber Taking on Waymo in San Francisco With Lucid, Nuro Robotaxis

Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotax...

Posted: Oct 29, 2025

Arthur J. Gallagher & Co. Acquires Safe T Professionals in Arizona

Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under th...

Posted: Oct 29, 2025

Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports

Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, a...

Posted: Oct 29, 2025