Insurance Journal

Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination

Michigan Attorney General Dana Nessel announced a settlement agreement with Domtar Industries, LLC and E.B. Eddy Paper, Inc. (together, Domtar) to address releases of per- and polyfluoroalkyl substances (PFAS) at the Techni-Comp, Inc. composting site...

Posted: Jun 27, 2025

Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People

A group is ending a 20-year search for a plane that crashed into Lake Michigan in 1950, killing all 58 people on board, after sweeping the vast body of water using sonar technology and even getting support from an acclaimed …

Posted: Jun 27, 2025

Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024

Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.04 billion in 2024 compared to &#823...

Posted: Jun 27, 2025

People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercia...

This edition of International People Moves details appointments at insurers MS Amlin and Allianz Commercial. A summary of these new hires follows here. MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter MS Amlin, the Lloyd’s re...

Posted: Jun 27, 2025

Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report. Reputation ris...

Posted: Jun 27, 2025

Oregon Legislature Repeals Contested Wildfire Hazard Map

Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to reduce vegetation on their properties. The m...

Posted: Jun 27, 2025

China Bans Uncertified and Recalled Power Banks on Planes

China’s aviation regulator will from Saturday ban passengers from carrying power banks without Chinese safety certification markings, as well as those recently recalled by manufacturers because of safety concerns. The move, which applies to any...

Posted: Jun 27, 2025

Willful Misconduct Alone Not Enough to Deny Workers’ Compensation

A city of Danville employee is being given another opportunity to gain workers’ compensation benefits after a deputy commissioner denied his claim because of the employee’s willful misconduct in not following driver safety rules at work....

Posted: Jun 27, 2025

Flash Flooding Again Hits West Virginia Areas Trying to Clean Up from Deluge

A northern West Virginia region still cleaning up from flash flooding less than two weeks ago was hit with torrential rains that sent creeks over their banks again Thursday night. A flash flood warning was issued for the Wheeling area, …

Posted: Jun 27, 2025

Fire in the SE Sky May be Linked to Linked to Home Damage in Georgia

An object bright enough to be seen streaking across the midday sky fell across parts of the Southeast U.S. on Thursday. The object was likely either a meteor or space junk, with most sightings of the streak of light and …

Posted: Jun 27, 2025

Fire in the SE Sky May be Linked to Home Damage in Georgia

An object bright enough to be seen streaking across the midday sky fell across parts of the Southeast U.S. on Thursday. The object was likely either a meteor or space junk, with most sightings of the streak of light and …

Posted: Jun 27, 2025

Global Financial Crime Watchdog Calls for Action on Crypto Risks

The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in regulation could have global repercussions. The Paris-...

Posted: Jun 27, 2025

Louisiana Is Latest State to Redefine Natural Gas as Green Energy Under New Law

Louisiana is the latest state to redefine natural gas as green energy under a new law the Republican governor signed this week, even though it’s a fossil fuel that emits planet-warming greenhouse gases. Three other states led by Republicans— In...

Posted: Jun 27, 2025

NTSB Blames Delayed Response for 2023 Oil Spill off Coast of Louisiana

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted at a problem, the National …

Posted: Jun 27, 2025

Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs

Cyber insurer Cowbell said it has expanded its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America within the United States. Building on its established success in cyber and technology errors & omi...

Posted: Jun 27, 2025

Why Are Test Dummies Modeled After Men if Women Face More Injury in Car Crashes?

Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in …

Posted: Jun 27, 2025

Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship...

Posted: Jun 27, 2025

BHP Faces UK Contempt Charge for Funding Case Over Brazil Dam Collapse

BHP faces a full contempt of court hearing in Britain for funding litigation to try to prevent some Brazilian municipalities suing the mining giant over one of Brazil’s worst environmental disasters, London’s High Court ruled on Thursday....

Posted: Jun 27, 2025

USDA Finds Safety Issues at Top Research Site After Whistleblower Complaints

The U.S. Department of Agriculture found significant safety issues at its top research facility in an investigation of 2023 whistleblower complaints about the state of the site, the Office of Special Counsel said in a letter sent to the White …

Posted: Jun 27, 2025

Markets/Coverages: Marsh Launches European Cyber Facility for Mid-Sized Enterprises

Marsh, insurance brokerage business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey, with revenues up to €500 million (US$5...

Posted: Jun 27, 2025

GE Moves Washing Machine Production from China to Kentucky with $490M Invest

GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky. The $490 million investment positions the...

Posted: Jun 27, 2025

NC Bill Ending Course Requirements for Agent Licenses on Way to Governor

North Carolina insurance producers will no longer be required to complete education courses before taking the license exam, under a bill now awaiting the governor’s signature. House Bill 737 was approved with little opposition by both chambers...

Posted: Jun 27, 2025

People Moves: Liberty Company Adds Producer in Jacksonville Area

Gainesville-based The Liberty Company Insurance Brokers announced Will Bradshaw as a producer in its Ponte Verde office. Bradshaw, whose family has operated a Tennessee insurance agency for more than 60 years, specializes in farm and crop insurance,...

Posted: Jun 27, 2025

World Insurance Acquires Maine’s Healey Associates

Global insurance broker World Insurance Associates LLC has acquired the business of Healey & Associates of Portland, Maine. Terms of the transaction were not disclosed. Healey has been offering employee benefits to clients throughout New England...

Posted: Jun 27, 2025

California Workers’ Comp Independent Medical Reviews Trending up, Report Shows

The number of Independent Medical Review decision letters issued in response to California workers’ compensation medical disputes is trending up in the last few years after declining steadily from 2018 through 2022, a report out on Thursday sho...

Posted: Jun 27, 2025