Insurance Journal

EU Auto Groups Press for Change to ‘No Longer Feasible’ Car CO2 Emission Targets

European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers’ and automotive suppliers’ associations said on Wednesday....

Posted: Aug 27, 2025

Apple Watch Not a ‘CO2-Neutral Product,’ German Court Finds

Apple can no longer advertise its Apple Watch as a “CO2-neutral product” in Germany, following a court ruling on Tuesday that upheld a complaint from environmentalists, finding that the U.S. tech company had misled consumers. Apple had pr...

Posted: Aug 27, 2025

When Luck Runs Out: Where $100B Hurricanes Might Happen

Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the potential for a single event costing insurers $100 billion. Karen Clark & C...

Posted: Aug 27, 2025

Anthropic Settles Class Action From Authors Alleging Copyright Infringement

Artificial intelligence company Anthropic said in a court filing on Tuesday that it has resolved a class action lawsuit from a group of U.S. authors who argued that its AI training infringed their copyrights, marking the first settlement in a …

Posted: Aug 27, 2025

Woman Sentenced After Pleading to Arson in Six Fires in North Carolina

A North Carolina woman was sentenced to as much as 12 years in prison after she pleaded guilty to setting six fires in Onslow County, on the state’s southeast coast. Chasity Dawn Keeter, 37, of Jacksonville, pleaded guilty to five …

Posted: Aug 27, 2025

Wealthspire Acquires California-Based Marin Financial Advisors

Wealthspire Advisors LLC, an NFP company, has entered into an agreement to acquire Marin Financial Advisors in Larkspur, California. Marin Financial Advisors has provided individuals and families with financial services since 1987. The firm is led by...

Posted: Aug 27, 2025

Grange Insurance Association Seeks to Form Mutual Holding Company in Washington

Grange Insurance Association has submitted an application to the Washington State Office of the Insurance Commissioner to convert to a mutual holding company structure. The plan calls for two new parent entities to be formed, Granwest Mutual Holding...

Posted: Aug 27, 2025

3 Hyundai and 2 GM Products on Mercury’s Most Affordable New EVs to Insure List

California-based Mercury Insurance compiled a list of the most affordable electric vehicles to insure. The list includes 2025 and 2026 model-year vehicles. Factors examined for the list include claims on similar vehicles, costs to repair and vehicle...

Posted: Aug 27, 2025

As AI Becomes Part of Everyday Life, it Brings a Hidden Climate Cost

Marissa Loewen first started using artificial intelligence in 2014 as a project management tool. She has autism and ADHD and said it helped immensely with organizing her thoughts. “We try to use it conscientiously though because we do realize t...

Posted: Aug 27, 2025

Federal Appeals Panel Upholds Connecticut’s Assault Weapons Ban

A ban on assault weapons that Connecticut put in place after the Sandy Hook Elementary School shooting is constitutional, a federal appeals court said Friday, as it rejected challenges by gun rights advocates who claim it violates the Second Amendmen...

Posted: Aug 27, 2025

States Say Trump Order Halting Wind Projects Defies Explanation

The Trump administration’s order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday. State leade...

Posted: Aug 27, 2025

New York Central Park Managers Support Eliminating Horse-Drawn Carriages

For more than 150 years, horse-drawn carriages have been trotting through Manhattan’s Central Park, weathering the arrival of the automobile, years of criticism from animal rights activists and even a mayoral administration that vowed to ban th...

Posted: Aug 27, 2025

Philadelphia Airport Reopens a Runway With System to Stop a Runaway Plane

The Federal Aviation Administration on Tuesday touted the reopening of a runway at Philadelphia International Airport through the installation of a system to stop a runaway airplane. The FAA awarded $8.5 million last year for the airport’s firs...

Posted: Aug 27, 2025

Trump Threatens Trucking Safety Funds for California, New Mexico and Washington

California, New Mexico and Washington are at risk of losing a cumulative $46 million a year in federal trucking safety funds after the Trump administration accused the states of flouting English-language rules for commercial drivers. U.S. Department...

Posted: Aug 26, 2025

Fire at Louisiana Auto Plant Forces Mandatory Evacuation Order

A fire at an automotive supply plant in Louisiana was 90% contained Sunday, but a mandatory evacuation order remained in place as crews tried to address remaining flames, law enforcement officials said. The fire at Smitty’s Supply just north of...

Posted: Aug 26, 2025

Texas Bill Would Levy Stricter Penalties on Camps Following Hill Country Flood

A bill that would tighten how youth camps are penalized for safety deficiencies and that would diminish the industry’s influence on a state advisory committee has gained traction in the Legislature. While Senate Bill 1 passed last week created...

Posted: Aug 26, 2025

Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict

Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawye...

Posted: Aug 26, 2025

People Moves: Alive Risk Names Carroll Underwriting Director, Entertainment Programs

Alive Risk, the sports, leisure and entertainment managing general underwriter of Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty announced that Scott Carroll has joined Alive Risk to serve as underwriting...

Posted: Aug 26, 2025

WalkerHughes Acquires Missouri’s S&R Insurance

WalkerHughes Insurance announced acquisition of S&R Insurance, a well-established retail insurance brokerage headquartered in St. Robert, Missouri. This strategic move marks WalkerHughes’ first presence in south-central Missouri and reinfor...

Posted: Aug 26, 2025

People Moves: Miller Taps Howden’s Cumberland to Newly Created Role of Chief Broking Officer; HDI Gl...

This edition of International People Moves details appointments at the re/insurance broker Miller and insurer HDI Global. A summary of these new hires follows here. Miller Appoints Howden’s Cumberland to New Role of Chief Broking Officer Miller...

Posted: Aug 26, 2025

Federal Appeals Court Decertifies SC Class Action on Undervalued Totaled Vehicles

A federal appeals court has decertified a class of plaintiffs in a South Carolina lawsuit alleging that Progressive Insurance undervalued total-loss vehicles, the latest turn in multiple, similar suits against U.S. auto insurers. The U.S. 4th Circuit...

Posted: Aug 26, 2025

Containment Increases on California Wine Country Wildfire

Containment has increased on a rural California wine country wildfire that was burning out of control and threatening thousands of properties. The Pickett Fire exploded in the Napa Valley last week, prompting evacuations from area wineries and rural...

Posted: Aug 26, 2025

Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections

A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety inspections has drawn a backlash from labor groups and lawmakers who voiced worry that automated inspections will result in more accide...

Posted: Aug 26, 2025

Maryland Screwworm Patient Recovered; Ranchers Criticize CDC Secrecy

The patient with the first human infestation of travel-associated New World screwworm in the United States has recovered from the flesh-eating parasite, and there was no sign of transmission to other people or animals, the Maryland Department of Heal...

Posted: Aug 26, 2025

‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening

Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe risks as well as their ambitious profit targets for 2025 – despite signs of rate softening and hefty claims f...

Posted: Aug 26, 2025