Insurance Journal

Barge Looted in the Bahamas Returns to Florida But Insurance Claims Mounting

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

Posted: Nov 25, 2025

Barge Looted in the Bahamas Returns to Florida but Insurance Claims Mounting

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

Posted: Nov 25, 2025

New Homeowners Insurance Product in California Launched by bolt

Insurtech bolt launched a new homeowners insurance offering the firm is calling VTRO. VTRO is a California-based managing general agent created by bolt. VTRO combines comprehensive coverage with bolt’s smart water sensor technology. The firm sa...

Posted: Nov 25, 2025

Geo Study Highlights Regional Cost Differences in California Workers’ Comp

Where an injured worker lives in California and receives care can significantly affect claim frequency, complexity and overall costs, a new study shows. The newly released Workers’ Compensation Insurance Rating Bureau of California’s 2025...

Posted: Nov 25, 2025

Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder

A federal jury awarded $80 million Wednesday to the estate of a Buffalo man whose conviction in a 1976 murder was overturned after he spent nearly a quarter century in prison. Darryl Boyd, one of the group of Black teenagers …

Posted: Nov 25, 2025

Washington Labor Inspectors Catch 41 Unregistered Contractors

The Washington State Department of Labor & Industries cited 41 people for unregistered contracting, or for unlicensed plumbing and electrical work during inspections at nearly 350 construction sites over the course of two days. The coordinated ef...

Posted: Nov 25, 2025

Contractor and Cape Cod Town Began Court Battle Before Fatal Trench Collapse

The employer of a construction worker who was killed in a construction trench collapse on Cape Cod last week and the town that hired the firm for the sewer project are in a legal dispute that began before the fatal …

Posted: Nov 25, 2025

Lawsuit Alleges Farm Bureau Financial Concealed Fraudulent Activities

Two former top investigators for Farm Bureau Financial are suing the company for fraud, racketeering and wrongful termination. The lawsuit alleges the insurer’s management group knew of fraudulent activity committed by company employees and ref...

Posted: Nov 24, 2025

More Federal Legislation Introduced to Tackle Third-Party Lit Funding

Sen. John Kennedy has introduced a new bill aimed at reforming the courtroom practice of third-party litigation funding. Kennedy, R-La., introduced the Protecting Our Courts from Foreign Manipulation Act last week, and it was immediately supported by...

Posted: Nov 24, 2025

Meta Buried ‘Causal’ Evidence of Social Media Harm, Court Filings Allege

Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users’ mental health, according to unredacted filings in a lawsuit by U.S. school districts against Meta and othe...

Posted: Nov 24, 2025

Norfolk Southern Revives Plans for Firefighter Training Center Near Site of Ohio Derailment

Norfolk Southern railroad worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of the worst derailment in a decade in East Palestine, Ohio. Building a …

Posted: Nov 24, 2025

Norfolk Southern Revives Plans for Firefighter Training Near Site of Ohio Derailment

Norfolk Southern railroad worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of the worst derailment in a decade in East Palestine, Ohio. Building a …

Posted: Nov 24, 2025

Ohio Machining Company to Pay $2M to Settle Sex Discrimination Case

Glunt Industries, Inc., a Warren, Ohio machining company which operates four large-scale fabrication plants, will pay $2 million and provide other relief to settle a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federa...

Posted: Nov 24, 2025

Former AIG, BHSI, Lloyd’s Executive Tom Bolt Dies

Well respected insurance veteran Tom Bolt has died, one of his former employers announced on Friday. “Tom was a highly accomplished insurance executive, who was deeply respected and widely admired in the global business community,” Americ...

Posted: Nov 24, 2025

Vietnam Flood Deaths Reach 90 as Damage Sweeps Central Region

Severe and prolonged flooding across Central Vietnam has killed 90 people and left 12 others missing, the government said. More than 1,154 homes were damaged and about 186,000 houses inundated at the peak of the floods, the Ministry of Agriculture &#...

Posted: Nov 24, 2025

COP30 Climate Deal Fails to Detail Fossil Fuel Cuts, but Pledges Adaptation Funding

United Nations climate talks in Brazil reached a subdued agreement Saturday that pledged more funding for countries to adapt to the wrath of extreme weather. But the catch-all agreement doesn’t include explicit details to phase out fossil fuels...

Posted: Nov 24, 2025

AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus

American International Group Inc. will hand a multimillion-dollar payout to insurance executive John Neal, even as the executive’s employment ended before he joined the firm. The insurer will pay Neal $2.7 million to compensate for “foreg...

Posted: Nov 24, 2025

Farmers Eliminating Homeowners Insurance Policy Cap in California

Farmers Insurance announced it will eliminate the cap on the number of homeowners insurance policies it offers in California. The move is part of a new filing, and the cap removal is effective immediately, made in anticipation of an improved …

Posted: Nov 24, 2025

Florida Republicans Oppose Trump Offshore Oil Leasing Plan

Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drillingin waters off the state’s Gulf Coast. The reactions came in response to an Interior Department proposal...

Posted: Nov 24, 2025

Spanish Court Orders Meta to Pay Nearly €500 Million in Damages to Media Outlets

Spanish legacy media companies in Spain scored a victory against social media giant Meta after a Madrid-based court ordered Thursday [Nov. 20] that it must pay news outlets nearly half a billion euros in damages. According to a court statement, &#823...

Posted: Nov 24, 2025

North Carolina Motorist Tells 911: Eagle Dropped a Cat Through the Windshield

A motorist in western North Carolina escaped injury when the carcass of a cat crashed into the passenger side of her front windshield along a highway near the Great Smoky Mountains National Park. In a call to 911, the unidentified …

Posted: Nov 24, 2025

Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137

Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official said on Monday, as the Southeast Asian country steps up efforts to intercept contaminated goods leaving and entering the...

Posted: Nov 24, 2025

Ozempic Users in Denmark Win Eye-Disease Payout

Four patients who developed a serious eye disease after using Novo Nordisk A/S’s blockbuster weight-loss drugs have been granted compensation in Denmark, the drugmaker’s home market. The claimants received a combined 800,000 kroner ($124,...

Posted: Nov 24, 2025

Sunstar Insurance Group Names Daniel Romero as Chief Acquisition Officer

Memphis, TN – Sunstar Insurance Group (“Sunstar”), a leading retail insurance brokerage platform focused on the Midwest and Southeast, announced on November 17, 2025, the appointment of Daniel Romero as its new Chief Acquisition Officer....

Posted: Nov 24, 2025

US States Take Aim at Data-Driven Pricing to Ease Consumer Pain

Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs. By taking on …

Posted: Nov 24, 2025