Insurance Journal

Hub International Adds Former CNA, USAA Chief Executives to its Board

Brokerage Hub International said it has added former CNA chief executive officer and executive chairman Dino Robusto as chairman of the board, and former USAA president and CEO Wayne Peacock as director of the board. “The addition of both of &#...

Posted: Dec 17, 2025

California Regulator Puts Tesla Sales Suspension Order on Hold

A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more time to address its accusation of misleading marketing and overstating self-driving capabilities. The Departmen...

Posted: Dec 17, 2025

CFC Hires Aspen’s Camara as CEO of CFC USA

Specialist insurer CFC said it has named Justin Camara as chief executive officer of CFC USA Camara, a 30-year industry veteran, will arrive to lead CFC USA’s growth strategy in the U.S. from his latest role as executive vice president …

Posted: Dec 17, 2025

Viewpoint: The 2026 Forecast for European Insurers Is Partly Cloudy

The European insurers that S&P rates displayed good operating performance in the life and non-life segments in 2025, and we expect they will largely continue to do so in 2026. The European insurance sector is exposed to many external risks, &#823...

Posted: Dec 17, 2025

Passenger Ferry Held for Hours After Suspected Russian Hack

European investigators are probing whether Russian military hackers breached computer systems on a vessel owned by MSC-Mediterranean Shipping Company SA, the world’s largest container shipping group, according to people familiar with the matter...

Posted: Dec 17, 2025

Risksmith Launches New Earthquake Program for Hard-to-Place Property Risks

ATLANTA, G.A. (Dec. 17, 2025) – Risksmith Insurance Services, a specialty Managing General Underwriter (MGU) known for its expertise across the E&S property landscape, today announced the launch of its new Difference in Conditions (DIC) Earthquak...

Posted: Dec 17, 2025

Ohio Man Sentenced in Multi-State Car Theft Ring

The lead defendant in a $1.5 million chop shop conspiracy was sentenced in U.S. District Court last week to 84 months in prison, the U.S. Attorney’s Office, Southern District of Ohio announced. Kahrese Tracey Scott Lee, 28, of Cincinnati, plead...

Posted: Dec 17, 2025

Trump Orders ‘Blockade’ of Sanctioned Oil Tankers Leaving, Entering Venezuela

U.S. President Donald Trump ordered on Tuesday a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase pressure on Nicolas Maduro’s government, targeting its main sour...

Posted: Dec 17, 2025

Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions

The U.S. Department of Labor has cited an Ohio commercial bakery after a federal investigation determined the employer had allegedly exposed workers to unsafe working conditions including chemical, caught-between and caught-in, pinch-point, and struc...

Posted: Dec 17, 2025

Water Shortages in South Texas Drive Downgrade of Corpus Christi

A drought in South Texas caused Moody’s Ratings to downgrade the city of Corpus Christi, which projects demand for water will outpace supply by the spring of 2027. The ratings company lowered the city of roughly 320,000 people to A1 …

Posted: Dec 17, 2025

EU to Abandon Combustion Engine Ban in Win for Carmakers

The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry. The proposal will allow carmakers to slow the rollout of electric...

Posted: Dec 17, 2025

Update: EU Eases Combustion Engine Ban to Help Ailing Industry

The European Union pulled back from an effective ban on combustion engines and offered more flexibility for carmakers in the transition to cleaner transport after months of industry pressure. The move suggests a slower rollout of electric vehicles in...

Posted: Dec 17, 2025

Spain Swine Fever Outbreak Grows With 10 New Wild Boar Deaths

Spain reported 10 new cases of wild boar deaths from African swine fever, expanding an outbreak that has put the major pork exporter into high alert. The dead animals, which bring the total count to 26 since the outbreak emerged …

Posted: Dec 17, 2025

Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub

The hacking group “ShinyHunters” said on Tuesday it has stolen data belonging to premium customers of the leading sex website Pornhub and is threatening to publish it. Although Reuters could not immediately establish the scope, scale, or...

Posted: Dec 17, 2025

Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns

Korean automakers Hyundai and Kia agreed to retrofit 7 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general. The state attor...

Posted: Dec 17, 2025

Massachusetts Reports First Case of Silicosis in Stone Countertop Worker

Massachusetts public health officials have reported the first confirmed case of silicosis in the stone countertop fabrication industry in the state. The first confirmed case was recently diagnosed in a Hispanic man in his 40s who, for the past 14 &#8...

Posted: Dec 17, 2025

Washington Commissioner Tells Insurers to Give Relief on Premium Payments, Cancellations

Washington Insurance Commissioner Patty Kuderer issued an emergency order that includes asking insurers in the state to provide grace periods for premium payments and a cancelation moratorium. The order was drafted to provide relief to Washington pol...

Posted: Dec 17, 2025

Washington Commish Tells Insurers to Give Relief on Payments, Cancellations

Washington Insurance Commissioner Patty Kuderer issued an emergency order that includes asking insurers in the state to provide grace periods for premium payments and a cancelation moratorium. The order was drafted to provide relief to Washington pol...

Posted: Dec 17, 2025

Texas Sues Utility Company Xcel Over ‘Blatant Negligence’ in Fatal Wildfire

Texas Attorney General Ken Paxton sued Xcel Energy Inc., accusing the utility company of “blatant negligence” over its role in the Smokehouse Creek wildfire that killed three people and caused more than $1 billion in damage last year. &#8...

Posted: Dec 17, 2025

New York Says It Follows Federal Rules on Commercial Driver’s Licenses for Immigrants

New York is the eighth state found to routinely issue commercial driver’s licenses to immigrants that are valid long after they are no longer legally authorized to be in the country, U.S. Transportation Secretary Sean Duffy said Friday, and he...

Posted: Dec 17, 2025

Confie Acquires Texas’ TGS Insurance Agency

Confie announced the acquisition of TGS Insurance Agency, Inc., a Houston, Texas-based standard personal lines insurance agency. The acquisition advances Confie’s strategy to scale InsureOne into a leading national platform serving standard per...

Posted: Dec 16, 2025

Denver, Rockies Face Power Shutoffs as Winds Boost Fire Risk

Xcel Energy is preparing customers in the Rocky Mountain region for preemptive blackouts to help reduce the risk of wildfires as strong, dry winds threaten to knock down power lines. The utility said it would likely shut off power starting …

Posted: Dec 16, 2025

World Insurance Associates Acquires SilverLeaf Insurance in Arizona

World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group in Scottsdale, Arizona. SilverLeaf was established in 2009. It offers business, health, life and personal insurance lines to clients in multiple states across the nati...

Posted: Dec 16, 2025

Employee Groups Stay Resilient as Companies Back Away From DEI

Despite the backlash against diversity, equity and inclusion policies in the US, employee groups built around shared identities or interests have largely held up. The number of Fortune 50 companies that publicly disclose so-called employee resource g...

Posted: Dec 16, 2025

Florida Reps Aim to End Private Flood Coverage Penalty With Bill in Congress

Mortgagees required to purchase flood insurance can utilize private flood policies, under federal rules that took effect in 2019. But if they go that route, the property owners risk losing lower, grandfathered premiums if they ever return to the Nati...

Posted: Dec 16, 2025