Insurance Journal

Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried

Florida’s insurance commissioner has approved a 6.9% average decrease in workers’ compensation rates for the voluntary market for 2026, marking the ninth straight year of rate cuts in the state. The average rate reduction will be for new...

Posted: Nov 18, 2025

Walgreens to Pay $500,000 for Overcharging at Vermont Checkouts

Walgreens has agreed to pay $500,000 to settle claims of overcharging at its stores in Vermont — including in one instance where an item rang at the register $23 higher than its shelf price, the state Attorney General’s Office said …

Posted: Nov 18, 2025

NJ NAACP, Latino Groups Say Regulators Aid Discrimination in Auto Insurance Rates

The New Jersey NAACP and two Latino groups last week filed suit against the state Department of Banking and Insurance, charging that the agency encourages discrimination in auto insurance rates by allowing insurers to use drivers’ education and...

Posted: Nov 18, 2025

Brockovich Group Sues Over LA Fire Alert Failure in 18 Deaths

A communications contractor for Los Angeles County was blamed in a lawsuit for 18 deaths in a January wildfire over its alleged failure to evacuate residents in the path of the inferno. Genasys Inc. was accused of “digital redlining” for...

Posted: Nov 18, 2025

Trump’s FEMA Chief Resigns After 6 Months, Washington Post Says

The Trump administration’s top official at the Federal Emergency Management Agency is departing his post after about six months on the job, according to the Washington Post. David Richardson resigned on Monday as FEMA’s acting head, the n...

Posted: Nov 17, 2025

FEMA Chief Resigns After Six Months, Criticism Over Floods

The Trump administration’s top official at the Federal Emergency Management Agency, David Richardson, resigned on Monday after about six months on the job. Richardson had no emergency management experience when he took on the role. He came to F...

Posted: Nov 17, 2025

World Insurance Associates Acquires Reinig in Colorado

World Insurance Associates LLC acquired the business of Reinig Insurance Solutions in Lakewood, Colorado. Reinig Insurance Solutions specializes in providing property/casualty products and services to the health and fitness industry. World Insurance...

Posted: Nov 17, 2025

California Judge Enables Tesla to Undo Race Bias Class Action by Black Factory Workers

A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker...

Posted: Nov 17, 2025

Tesla Wins Bid to Undo Race Bias Class Action by Black Factory Workers

A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker...

Posted: Nov 17, 2025

Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best

The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger nonstandard auto insurers turne...

Posted: Nov 17, 2025

Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans

Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicated for commercial vessels. Meta Platforms Inc.&#82...

Posted: Nov 17, 2025

Update: Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans

Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicated for commercial vessels. Meta Platforms Inc.&#82...

Posted: Nov 17, 2025

K2 and Dale Get ‘In Principle’ Nod From Lloyd’s to Launch Syndicate 1954

Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval from Lloyd’s to launch Sy...

Posted: Nov 17, 2025

Los Angeles Showers Wane After Record Southern California Rain

Showers will be winding down across Los Angeles and Southern California after record rains brought raised the risks of floods and mudslides, especially in areas scorched by recent wildfires. Downtown Los Angeles received 1.65 inches Saturday, a recor...

Posted: Nov 17, 2025

Businessman Accused in Trafigura Nickel Nightmare Goes on Trial

More than two years after it emerged that Trafigura Group lost over half a billion dollars in an alleged nickel fraud, a trial began as the trading giant attempts to recover losses from the man it says was behind the …

Posted: Nov 17, 2025

Update: Businessman Accused in Trafigura Nickel Nightmare Goes on Trial

More than two years after it emerged that Trafigura Group lost over half a billion dollars in an alleged nickel fraud, a trial began as the trading giant attempts to recover losses from the man it says was behind the …

Posted: Nov 17, 2025

Tenn. Police Officer in Critical Condition After Crash in JD Vance’s Motorcade

Two law enforcement vehicles crashed in Tennessee on Friday night while supporting Vice President JD Vance’s motorcade, sending a police officer to the hospital in critical condition, authorities said. The crash in Maryville, about 17 miles (27...

Posted: Nov 17, 2025

Two-Year-Old Falls From 20-Story New Jersey Apartment Building

Authorities in New Jersey are investigating the death of a 2-year-old boy who was reported to have fallen from a 20th-story window. Newark police were called to a high-rise apartment building at 7 a.m. Saturday on the report of a …

Posted: Nov 17, 2025

Immigration Enforcement Surge Begins in Charlotte, Federal Officials Confirm

Federal officials confirmed Saturday that a surge of immigration enforcement in North Carolina’s largest city has begun, as agents were seen making arrests in multiple locations. “Americans should be able to live without fear of violent c...

Posted: Nov 17, 2025

Anthropic Warns of AI-Driven Hacking Campaign Linked to China

A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic said this week that it disrupted a cyber operation …

Posted: Nov 17, 2025

European Central Bank’s Guindos Says Financial-Stability Risks Remain Elevated

European Central Bank Vice President Luis de Guindos said financial-stability risks are still high due to the unpredictable outlook for the global economy and trade. “Vulnerabilities remain elevated in view of uncertainty over geoeconomic trend...

Posted: Nov 17, 2025

Consumer Watchdog Proposes End to Civil Rights-Era Anti-Discrimination Requirements

he U.S. federal consumer finance watchdog on Wednesday proposed narrowing key civil-rights-era anti-discrimination requirements for the financial industry, advancing Republican President Donald Trump’s effort to curtail long-standing policies h...

Posted: Nov 17, 2025

Apple Must Pay Masimo $634M in Smartwatch Patent Case, Jury Says

A federal jury in California said on Friday that Apple owes medical-monitoring technology company Masimo $634 million for infringing a patent covering blood-oxygen reading technology. The jury agreed with Masimo that the Apple Watch’s workout m...

Posted: Nov 17, 2025

Appeals Court to Weigh Reviving Cases Over Tylenol and Autism

A U.S. appeals court is expected to hear arguments on Monday from families seeking to revive their lawsuits over Tylenol, after the Trump administration publicly promoted their claims that the popular painkiller is linked to autism in children. In ur...

Posted: Nov 17, 2025

Iran Forces Seize Oil Tanker After it Passes Hormuz Strait

Iranian forces seized an oil tanker sailing in the Gulf of Oman, diverting the vessel toward the country’s territorial waters on Friday after it passed the Strait of Hormuz, a US defense official said. The Marshall Islands-flagged tanker Talara...

Posted: Nov 17, 2025