Insurance Journal
One worker died and two were injured in a trench collapse at a construction site in a popular seacoast town on Cape Cod, Massachusetts. The trench collapse happened on Tuesday about 9 a.m. at a sewer project work site located …
Posted: Nov 19, 2025
Amazon’s self-driving unit Zoox opened its waitlist on Tuesday for users in San Francisco, offering free rides, just days after Alphabet’s Waymo said it will provide robotaxi rides in the same market. Zoox said it is inviting people to ri...
Posted: Nov 19, 2025
Honeycomb Insurance has begun writing policies in Colorado. The digital managing general agency specializes in property/casualty coverage for landlords and condominium associations. The company’s underwriting platform evaluates properties indiv...
Posted: Nov 19, 2025
A 35-year-old Ohio man has pleaded guilty to computer fraud for hacking his former employer’s network after he was fired, announced U.S. Attorney Nicholas J. Ganjei. On May 14, 2021, Maxwell Schultz, Columbus, Ohio, was terminated from his posi...
Posted: Nov 19, 2025
World Insurance Associates reported it has acquired the business of Bafumi Insurance Agency of Middletown, Connecticut. Terms of the August 1, 2025 transaction were not disclosed. A family business, the agency is led by Guido and Lauren Bafumi and se...
Posted: Nov 19, 2025
The U.S. Chamber of Commerce asked the Supreme Court to pause new California laws expected to require thousands of companies to report emissions and climate-risk information. The laws are the most sweeping of their kind in the nation, and a …
Posted: Nov 19, 2025
This edition of International People Moves details appointments at the specialty insurer Tokio Marine Kiln and the MGA Augmented UW. A summary of these new hires follows here. TMK Taps Beazley’s Silvestre as Head of Cyber Reinsurance Solutions...
Posted: Nov 18, 2025
GEICO and fleet management company Motive have partnered to improve drive safety and drive down insurance prices for commercial fleets. Motive’s artificial intelligence-powered operations platform integrates fleet management, spend management,...
Posted: Nov 18, 2025
The registration deadline for the current round of Louisiana Fortify Homes Program (LFHP) grants has been extended to 5 p.m. on Thursday, Nov. 20, due to the national Cloudflare outage on Tuesday, the Louisiana Department of Insurance said. Homeowner...
Posted: Nov 18, 2025
A fatigue crack in the Keystone Pipeline led to an oil spill in North Dakota earlier this year that released thousands of barrels of oil onto farmland, according to the pipeline operator. In a quarterly report released Thursday, South Bow …
Posted: Nov 18, 2025
Firefighters in southeastern Texas were battling a blaze at a decommissioned power plant that sent large plumes of smoke into the air on Sunday and local officials warned area residents to avoid the smoke. The fire broke out at the …
Posted: Nov 18, 2025
The American Property Casualty Insurance Association (APCIA) continues to throw support behind two bills schedule for markup today by the House Judiciary Committee. Committee member Rep. Darell Issa, R-Calif., in February introduced the Litigation Tr...
Posted: Nov 18, 2025
The Trump administration is weighing whether to relocate the Federal Emergency Management Agency to Texas and tap the state’s top emergency official to lead it, Politico reported Monday, citing two former senior FEMA officials. In February, Tru...
Posted: Nov 18, 2025
A worldwide outage at the network of cybersecurity firm Cloudflare Inc. has been resolved after several hours of disruption on Tuesday. The outage had taken down the websites for everything from the chief US energy regulator, ChatGPT, the New Jersey...
Posted: Nov 18, 2025
CVS Pharmacy Inc. has settled alleged violations of the California False Claims Act with California Attorney General Rob Bonta and the United States Department of Justice. The settlement agreement requires CVS to pay $18.2 million. It resolves allega...
Posted: Nov 18, 2025
The price tag for rebuilding Baltimore’s Francis Scott Key Bridge is now more than double what officials estimated in 2024 right after the bridge was struck by a container shop and collapsed. The Maryland Transportation Authority (MDTA) yesterd...
Posted: Nov 18, 2025
A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT executives David Carson and James Sharpington as well as Glenn T. Jackson from Safepoint. Headquartered in Tampa and wit...
Posted: Nov 18, 2025
Alphabet Chief Executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble. Pichai said in an interview with the BBC publ...
Posted: Nov 18, 2025
The world remains far behind global commitments to slash methane, according to a United Nations assessment that underscores the need for rapid, aggressive work to stifle emissions of the super pollutant. Fulfilling a pledge by roughly 160 nations to...
Posted: Nov 18, 2025
On Christmas Day 2021, Jaswant Singh Chail scaled the walls of Windsor Castle with a loaded crossbow. When confronted by police, he stated: “I’m here to kill the queen.” In the preceding weeks, Chail had been confiding in Sarai, his...
Posted: Nov 18, 2025
Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according R...
Posted: Nov 18, 2025
Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H. Lane said he will sign...
Posted: Nov 18, 2025
The head of the U.S. Securities and Exchange Commission said the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities. “In the coming months, I anticipate that the...
Posted: Nov 18, 2025
Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations that the health-insurance company had ripped off taxpayers by overpaying for care, in a pact made public on Friday. The settlement with New Jersey …
Posted: Nov 18, 2025
Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific. “I turned around and &#...
Posted: Nov 18, 2025