Insurance Journal

Edison to Open LA Fire Compensation Applications by Thanksgiving

Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed swaths of the Los Angeles area in January, according to CEO Pedro Pizarro. That puts the...

Posted: Sep 24, 2025

Cyberattacks Cost Continental Europe’s Largest Economies €307B Over 5 Years: Howden

Cyberattacks cost companies in continental Europe’s four largest economies – France, Germany, Italy, and Spain – more than €300 billion (US$405.5 billion) in the past five years, according to a Howden survey. Nearly half (49%) of companies surv...

Posted: Sep 24, 2025

DOJ Settles With Kansas Community College to Enforce Rights of Servicemember

The Justice Department announced it has reached a settlement with the Kansas City Kansas Community College (KCKCC) to enforce the rights guaranteed to Kansas Army National Guard Major Stephen W. Terry by the Uniformed Services Employment and Reemploy...

Posted: Sep 24, 2025

Ryan Specialty Launches Clach Casualty Underwriting Managers

Ryan Specialty has announced the formation of Clach Casualty Underwriting Managers, a new managing general underwriter focused on providing casualty insurance solutions for complex construction and habitational real estate risks. Clach Casualty is a...

Posted: Sep 24, 2025

Viewpoint: Enhancing Digital Claims With Behavioral Science

The P/C insurance industry stands at a critical inflection point. Customer expectations, reshaped by their seamless digital experiences with companies like Amazon and Apple, are pushing insurers to transform quickly. With claims now a decisive factor...

Posted: Sep 24, 2025

Camp Mystic Plans Partial Reopening After Devastating Texas Floods

Camp Mystic, the Christian girls’ camp where 25 young campers and two counselors died during the July 4 flooding, will reopen one of its campsites in 2026, according to an email shared with families. Camp Mystic officials said in the …

Posted: Sep 24, 2025

Travelers: Confidence High in Guidance From Cyber Insurers; Work to Do on Take-Up

As cyber security threats continue to evolve, more businesses are trusting insurers to offer guidance on proactive protection and prevention. In fact, 86% of business leaders are confident in the cybersecurity guidance from insurance carriers—a highe...

Posted: Sep 24, 2025

King Risk Adds Another South Carolina Agency with Acquisition of LH Griffith

King Risk Partners has expanded again in the Southeast with the acquisition of LH Griffith & Co., an agency with offices in Walterboro and Goose Creek, in southeast South Carolina. Griffith agency was founded 25 years ago. Heath Griffith is &#823...

Posted: Sep 24, 2025

West Virginia Residents Wary After State Nursing Homes Sold to Private Company

Every day, LaRanda Schoolcraft drives five minutes down the hill from her Terra Alta home to visit the family member she calls her “person.” “My grandpa has dementia now and doesn’t always make sense,” she said. “B...

Posted: Sep 24, 2025

California AG Encouraged by OpenAI’s Stance on Chatbot Harms in Wake of Suit

California Attorney General Rob Bonta said he was “encouraged” by a recent talk with OpenAI Chief Executive Officer Sam Altman and actions the company has taken in the wake of a lawsuit alleging ChatGPT guided a teenager to suicide. In &#...

Posted: Sep 24, 2025

Amynta Group Acquires Louisiana’s International Sureties

Amynta Group announced it has entered into a definitive agreement to acquire Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”), a commercial surety broker based in...

Posted: Sep 24, 2025

Markets/Coverages: Hub International Launches HUB Livestock Insurance in Canada

Hub International Ltd., the Chicago-based insurance broker, announced the launch of HUB Livestock Insurance in Canada, a scalable product with multiple specialized sub-programs, including equine, poultry and egg, dairy and cattle offerings, with othe...

Posted: Sep 24, 2025

Judge Rules Trump Cannot Block Nearly-Finished Offshore Wind Project

Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump’s administration halted the project last month. T...

Posted: Sep 24, 2025

Court Reinstates Vermont Christian School to Sports League After Transgender Dispute

A federal appeals court says a Vermont Christian school can participate in the state’s sports league, overturning a previous ruling that upheld a ban on the school after it forfeited a high school girls basketball game against a team with &#823...

Posted: Sep 24, 2025

Autonomous Trucking Startup Gatik to Deploy 50 Rigs in Canada

Autonomous trucking startup Gatik AI Inc. plans to operate 50 self-driving freight trucks in Canada by the end of next year, pushing toward driverless shipping with plans to remove the safety driver within months of deployment on public roads. Privat...

Posted: Sep 24, 2025

Jaguar Land Rover Cyberattack Shutdown to Hit 4 Weeks; Insurance Cover in Question

Britain’s biggest carmaker Jaguar Land Rover is extending the closure of its factories until October 1 following a cyberattack in early September that has left its operations paralyzed and smaller suppliers struggling. The luxury carmaker, owne...

Posted: Sep 24, 2025

Drones, Systems Hack Test Europe’s Aviation Security Defenses

A hack hitting major airports across Europe followed by drone incursions in Copenhagen and Oslo are testing the weak spots of the region’s aviation infrastructure and raising fears about coordinated attacks leading to increased disruption. In D...

Posted: Sep 24, 2025

Hong Kong’s Airlines Evacuate Planes as They Wait Out Typhoon Ragasa

As Typhoon Ragasa, the world’s most powerful tropical cyclone this year, approached Hong Kong this week, mass flight cancellations and lost revenue were not the only headache for airlines based at one of the world’s busiest airports. Ahea...

Posted: Sep 24, 2025

Typhoon Ragasa Eclipses Mangkhut in Hong Kong’s Wild Weather Run

Super Typhoon Ragasa’s fierce winds have kept Hong Kong’s most severe storm warning in place for the second-longest ever duration, eclipsing storm Mangkhut but falling short of an all-out record. The city’s highest storm alert, sign...

Posted: Sep 24, 2025

People Moves: XS Brokers Promotes Wirkus to CEO, McVicker President

Independent binding authority and wholesale brokerage XS Brokers recently announced Erik Wirkus has been promoted to chief executive officer. Wirkus has served as president of the Quincy, Massachusetts-based company since 2019. He has been with XS Br...

Posted: Sep 24, 2025

New Visa Fees Spur Offshoring Talks, Hiring Turmoil

The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas—precisely the outcome the policy was meant to stop. U.S...

Posted: Sep 24, 2025

Reviving RadioShack Online Turned Into Ponzi Scheme, SEC Claims

A company that snatched up distressed brick-and-mortar brands including RadioShack and Pier 1 Imports and promised investors big returns in a pivot to e-commerce operated as a Ponzi-like scheme, the US Securities and Exchange Commission alleged. When...

Posted: Sep 24, 2025

OneDigital Plans More Expansion With $2.3B Investment from Canada, Stone Point

Atlanta-based insurance and benefits brokerage OneDigital is the beneficiary of a $2.3 billion investment – a majority stake to be taken by the Canada Pension Plan and Stone Point Capital. The investment comes through an acquisition of a stake from &...

Posted: Sep 24, 2025

People Moves: LP Insurance Appoints Thompson as First Chief Financial Officer

LP Insurance named Heather Thompson as its first chief financial officer. Thompson joined LP in 2018 as a financial analyst and was promoted to controller, overseeing all of LP’s accounting and finance operations in 2022. As CFO, she leads LP&#...

Posted: Sep 24, 2025

ALKEME Acquires New York City Real Estate Specialist Gotham Brokerage

California-based ALKEME Insurance reports it has acquired Gotham Brokerage Co., a New York City insurance agency specializing in insurance for condos, co-ops, and apartments with a concentration in the high-value real estate markets of Brooklyn and M...

Posted: Sep 24, 2025