Insurance Journal
Beginning February 2, 2026, all claimants and lay witnesses testifying in virtual hearings before the New York State Workers’ Compensation Board will be required to appear and testify by video with their faces fully visible on screen, and not j...
Posted: Dec 09, 2025
The Oklahoma Insurance Department (OID) announced the completion of the 100th home through its OKReady, Strengthen Oklahoma Homes (SOH) Program, a significant achievement in the state’s ongoing efforts to build stronger, safer, and more resilie...
Posted: Dec 09, 2025
A Baltimore County jury has found Michael C. Okolo, of Parkville, Maryland, guilty of two counts of insurance fraud and one count of obstruction of justice. According to Maryland Attorney General Anthony G. Brown Okolo was found to have twice …
Posted: Dec 09, 2025
Less than a year after President Donald Trump banned new wind projects, a federal judge ruled the president’s executive order was illegal. US District Judge Patti Saris said Monday the order is “arbitrary and capricious and contrary to la...
Posted: Dec 09, 2025
This edition of International People Moves details appointments at Chubb and QBE. A summary of these new hires follows here. Chubb Promotes Shead to Head of Property, Overseas General Insurance Chubb announced that Aaron Shead has been appointed to e...
Posted: Dec 09, 2025
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety industry. According to a brief media statement, the formation...
Posted: Dec 09, 2025
A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud. The National Council of Insurance Legislators (NCOIL) has adopted Louisiana‘s amended insurance fraud law as its new national benchmark, the Louisiana...
Posted: Dec 09, 2025
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, …
Posted: Dec 09, 2025
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minnesota., was taken into custody last Wednesday in Southfield, …...
Posted: Dec 09, 2025
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage, announced its expansion into Illinois with the acquisition of Benhoff Insurance Agency, well-established personal lines brokerage based in Breese, Illinois. Benhoff Ins...
Posted: Dec 09, 2025
Aviva Plc has kicked off the search for a partner to help fund a planned new skyscraper in the heart of the City of London’s insurance district, as it aims to tempt investors willing to make a bold bet that …
Posted: Dec 09, 2025
Behind the scenes activity in the US IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been busy lining up underwriting mandates from …
Posted: Dec 09, 2025
The European Union reached a deal on Tuesday to scale back its corporate sustainability laws, after months of pressure from companies and governments including the United States and Qatar. The changes agreed by EU governments and the European Parliam...
Posted: Dec 09, 2025
The European Union reached a tentative deal to slash ESG requirements, as the bloc faces intensifying pressure from the US to rein in such rules amid ever-present trade tensions. In late-night talks, representatives of member states and the EU parlia...
Posted: Dec 09, 2025
After seeing some of the frustration that insurance agents run into, the head of a well-known south Florida agency has launched a hybrid vehicle – part brokerage and part program manager. CSMV Underwriting Managers, based in Tamarac, near Fort Lauder...
Posted: Dec 09, 2025
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The …
Posted: Dec 09, 2025
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The …
Posted: Dec 09, 2025
Japanese authorities ended all tsunami warnings after a powerful magnitude-7.5 quake struck off the coast of Aomori, in the northeast of the country, late on Monday. Waves as high as 70 cm (28 inches) were recorded in the region earlier, …
Posted: Dec 09, 2025
Newly created Swiss insurer Helvetia Baloise plans to cut up to 2,600 jobs in the coming years to boost profitability, a person familiar with the matter told Reuters on Tuesday. Switzerland’s largest multi-line insurer, with a combined market c...
Posted: Dec 09, 2025
As the regulatory landscape around the delegated underwriting authority enterprise (DUAE) market evolves, global authorities have introduced stricter compliance measures, risk management expectations and governance frameworks. The increasing alignmen...
Posted: Dec 09, 2025
Insurance Journal’s Risky Future series will host the “AI Tools for Retail Agents” Demo Day, which offers free AI tool demonstrations designed exclusively for retail insurance agencies. The latest online event offers retail agents a...
Posted: Dec 09, 2025
A new report from Verisk has found that property insurance claims volume during the third quarter 2025 was the lowest it has been in the past five years but claims severity during the period was one of the highest in …
Posted: Dec 09, 2025
Receiving adequate digital updates is one of the top drivers of customer satisfaction with the digital insurance claims process, but insurers deliver on this key performance indicator just 22% of the time. Customer satisfaction surges when the claims...
Posted: Dec 09, 2025
South Florida faces a growing affordability problem as housing demand outstrips supply, according to Ana-Marie Codina, whose family firm develops master-planned communities in the region. “We definitely need more supply,” Codina said in a...
Posted: Dec 09, 2025
About 5 a.m. on Sept. 29, 2024, an employee at the Bio-Lab chemical warehouse outside Atlanta heard a popping sound, a tell-tale sign that stored chemicals had come in contact with water and were reacting. Within 90 minutes, the huge …
Posted: Dec 09, 2025