Insurance Journal
Texas Attorney General Ken Paxton said the state is investigating global fast-fashion retailer Shein US Services LLC Corporation and its affiliates for potential violations of Texas law related to unethical labor practices and the sale of unsafe cons...
Posted: Dec 01, 2025
A 6.0-magnitude earthquake rocked the Anchorage metropolitan area Thursday morning, according to the U.S. Geological Survey. The quake struck at about 8:11 a.m. local time at a depth of 69 kilometers (43 miles), according to the USGS. Its epicenter w...
Posted: Dec 01, 2025
As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund...
Posted: Dec 01, 2025
The death of a Florida teenager on a Carnival cruise ship earlier this month has been ruled a homicide, the latest development in a case that has drawn international attention and sparked intense speculation on social media. Anna Kepner’s cause...
Posted: Dec 01, 2025
Air France and Airbus clashed over the role of pilots in a mid-Atlantic crash that killed 228 passengers and crew more than 16 years ago as the two companies fought corporate manslaughter charges at the climax of an eight-week appeal …
Posted: Dec 01, 2025
A federal judge last Wednesday granted Amazon.com a preliminary injunction to block the New York State Public Employment Relations Board from enforcing a new state law that the online retailer considers an attempt to illegally regulate private-sector...
Posted: Dec 01, 2025
Residents of the housing complex that was engulfed in Hong Kong’s deadliest blaze in seven decades were told by authorities last year that they faced “relatively low fire risks” after complaining repeatedly about fire hazards posed...
Posted: Dec 01, 2025
Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the insurance broker at A$5.25 billion ($3.44 billion), sending its shares more than 17% lower. Shares of the Sydney-based firm pl...
Posted: Dec 01, 2025
Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the insurance broker at A$5.25 billion ($3.44 billion), sending its shares more than 17% lower. Shares of the Sydney-based firm pl...
Posted: Dec 01, 2025
The future of insurance is sitting in today’s classrooms. We hold this truth to be self-evident: when young people gain insurance knowledge, real exposure to professional pathways, and meaningful engagement with industry professionals, the resu...
Posted: Dec 01, 2025
AM Best is revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced in mid-November. The change comes as rates soften and premium growth moderates. “Although favorable...
Posted: Dec 01, 2025
A federal judge dealt a setback to customers suing Burger King over advertising for its Whopper sandwiches, saying their claims were too disparate to justify certifying a nationwide class action. The lawsuit by 19 customers in 13 U.S. states accused...
Posted: Dec 01, 2025
Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents, tourists and farmers and hampering leisure-related businesses is presenting an opportunity for insurers. Tokio Marine & Nichid...
Posted: Dec 01, 2025
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance capacity in catastrophe-prone regions supporting the re...
Posted: Dec 01, 2025
Nuclear verdicts in product liability suits are on the rise. But manufacturers and their insurance companies can take multiple steps to prevent and defend against large jury verdicts, insurance and legal experts said at a recent webinar hosted by Tra...
Posted: Dec 01, 2025
The Trump Administration’s Department of Justice, not known for its support of minorities and disabled people, announced it is investigating the company that runs SeaWorld Orlando and Busch Gardens Tampa Bay for potential violations of the Amer...
Posted: Dec 01, 2025
Nuclear verdicts in product liability suits are on the rise. But manufacturers and their insurance companies can take multiple steps to prevent and defend against large jury verdicts, insurance and legal experts said at a recent webinar hosted by Tra...
Posted: Dec 01, 2025
The average cost of workers’ compensation insurance in Washington is set to rise 4.9% for 2026. The Washington State Department of Labor & Industries announced that employers and workers will pay on average $1.37 a week more for each full-t...
Posted: Dec 01, 2025
The California Labor Commissioner’s Office has cited several janitorial companies, their owners, and OptumCare Management LLC $468,204 for wage theft violations that reportedly impacted more than 90 janitors who cleaned manufacturing, laborator...
Posted: Dec 01, 2025
Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now finding that hedge funds and other sources of capital are pulling back. The situation has led some litigation finance firms …
Posted: Dec 01, 2025
The Office of the State Auditor found significant shortcomings with how the Vermont Department of Health reviews complaints related to food and lodging establishments, according to a recent report. The report is the first audit of four planned for th...
Posted: Dec 01, 2025
Sandy Bigglestone, deputy commissioner of the captive insurance division the Vermont Department of Financial Regulation (DFR), is retiring from her position as of Jan. 1, 2026. Bigglestone’s career in state government began in 1997. As deputy c...
Posted: Dec 01, 2025
The data center that supports CME Group Inc., one of the world’s largest derivatives exchanges, said it has bolstered its backup cooling capacity after overheating sparked a catastrophic 10-hour outage that roiled world markets on Friday. Cyrus...
Posted: Dec 01, 2025
The Texas Department of Motor Vehicles is implementing more stringent photo identification requirements for all vehicle registrations and renewals in an abrupt shift that could shut out undocumented residents from legally owning vehicles. Current pho...
Posted: Dec 01, 2025
GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes are collected by cities in &...
Posted: Nov 30, 2025