Insurance Journal

West Texas County Struggles to Secure Funding for Flood Prevention

When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the blink of an eye. Local officials in Ector County, …

Posted: Nov 26, 2025

Markets/Coverages: CFC New Tool Helps Brokers Engage SMEs on Cyber

Specialist insurer CFC said it has a new tool available to brokers worldwide to help facilitate client conversations and unlock new streams of SME cyber clients. CFC said its new bite-sized Cyber Threat Review reports hone in on the real …

Posted: Nov 26, 2025

Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C

With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market Intelligence said. In a research report titled, “For U....

Posted: Nov 26, 2025

Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?

A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—wi...

Posted: Nov 26, 2025

Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam

Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity group, as the Indian businessman gave evidence for the first time on Wednesday. Gupta a...

Posted: Nov 26, 2025

OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide

OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the...

Posted: Nov 26, 2025

Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims

Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 9...

Posted: Nov 26, 2025

Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires

Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures to help prevent fires in an aging electric railcar model that is heavily used i...

Posted: Nov 26, 2025

Allianz Unit Discussing Call Center Jobs Cuts in AI Transition

Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical intelligence. The cuts will likely affect call center positions, the person said, declining to be &#8...

Posted: Nov 26, 2025

Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa

Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in South Africa. Based in Sandton, ASR’s syndicate underwriters will underwrite insurance and reinsuranc...

Posted: Nov 26, 2025

US Terror Label in Venezuela Deepens Risk for Oil Companies

The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela, experts say. On Monday, the administration designated Cartel de los Soles a...

Posted: Nov 26, 2025

Poland Expects Russia to Escalate Sabotage After Rail Explosion

Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on a busy rail route to Ukraine for which authorities blame Moscow. Krzysztof Gawkowski told Bloomberg News that the...

Posted: Nov 26, 2025

The EZLynx Solutions Insurance Agents Love Most

Independent insurance agents are always searching for smarter ways to serve their clients and run their businesses more efficiently. At this year’s Applied Net conference, attendees couldn’t stop raving about the EZLynx® tools they rely o...

Posted: Nov 26, 2025

AI + Human BPO: The New Model for Insurance Process Automation

In insurance, automation has long been viewed as an “either/or” scenario-either a task is handled by AI, or it’s assigned to a BPO team. That’s no longer the case. Today’s most successful MGAs, carriers, and wholesalers...

Posted: Nov 26, 2025

2025 Atlantic Hurricane Season Goes Out Like a Lamb

This year’s Atlantic hurricane season was marked by contrasts, according to the National Oceanic and Atmospheric Administration (NOAA). From intense bursts of activity to relative calm, the season will end on November 30 with activity falling w...

Posted: Nov 26, 2025

Meta Settles Cambridge Analytica-Related Claims for $190 Million

Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief exec...

Posted: Nov 26, 2025

Old Republic Upheld in Asset Transfer of Bankrupt Florida Title Insurer Subsidiary

Old Republic National Title Insurance Co., one of the largest title insurers in Florida, did not fraudulently transfer assets from a bankrupt subsidiary, and the bankruptcy court did not err in excluding an expert’s valuation testimony, a feder...

Posted: Nov 26, 2025

New Jersey Vegetable Processing Firm Faces $1M OSHA Penalty After Worker Fatality

The U.S. Department of Labor has cited a fresh-cut vegetable processing company for willfully and repeatedly violating safety requirements after a worker was fatally injured while cleaning and sanitizing a machine. The department’s Occupational...

Posted: Nov 26, 2025

People Moves: NFP Names Gillingham President, Commercial Risk, and Mahoney Head of Programs, Totalis...

NFP named Tom Gillingham president, commercial risk, expanding his executive leadership across NFP’s commercial property/casualty programs and wholesale businesses. Based in Seattle, Washington, Gillingham joined NFP in 2017 as part of NFP&#821...

Posted: Nov 26, 2025

He Built A Nursing Home Empire Despite California State Investigations. Now, Lawsuits Are Piling Up

In February 2024, a Los Angeles County jury awarded $2.34 million to an 84-year-old nursing home resident named Betsy Jentz, finding that the facility had violated her rights on 132 occasions, at times leading to serious injuries. Six months later, &...

Posted: Nov 26, 2025

Lawsuits Pile Up for a Nursing Home Empire Built Despite State Investigations

In February 2024, a Los Angeles County jury awarded $2.34 million to an 84-year-old nursing home resident named Betsy Jentz, finding that the facility had violated her rights on 132 occasions, at times leading to serious injuries. Six months later, &...

Posted: Nov 26, 2025

How E-Commerce Deliveries Are Fueling More Crashes, Traffic, Pollution and Worker Injuries

Rapidly growing e-commerce and last-mile delivery services have contributed to significant increases in crashes, traffic, workplace injuries and air pollution, according to a report from New York City Comptroller Brad Lander. The report estimates tha...

Posted: Nov 26, 2025

How E-Deliveries Are Fueling More Crashes, Traffic, Pollution and Worker Injuries

Rapidly growing e-commerce and last-mile delivery services have contributed to significant increases in crashes, traffic, workplace injuries and air pollution, according to a report from New York City Comptroller Brad Lander. The report estimates tha...

Posted: Nov 26, 2025

Viewpoint: Why Predictable Performance Earns Banks Better D&O Rates

In the insurance world, uncertainty is expensive. For community banks seeking Directors and Officers liability coverage, that uncertainty has traditionally translated into premiums that fail to fairly distinguish between well-governed institutions an...

Posted: Nov 26, 2025

Washington Commissioner Tells Thin Blue Line to Stop Selling Unlicensed Coverage

Washington Insurance Commissioner Patty Kuderer ordered Thin Blue Line Benefits to stop selling insurance in Washington after investigators found the company had been operating without the required state license,. The OIC began investigating the Texa...

Posted: Nov 26, 2025