Insurance Journal
UK insolvencies are rising sharply, with a leading trade credit insurer saying any new government policies that stand to raise business costs risk further pressuring vulnerable sectors. The increase reflects the impact of measures announced in last y...
Posted: Nov 25, 2025
Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms that must develop resolution plans in case of insolvency, the G20’s financial watchdog said on Tuesday. The Financial Stability Board published an updated g...
Posted: Nov 25, 2025
Utah-based Trucordia announced it has acquired Charles River Insurance, an independent insurance agency based in Framingham, Massachusetts that serves the greater Boston and central Massachusetts regions. Charles River Insurance provides personal, co...
Posted: Nov 25, 2025
Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its US capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pa...
Posted: Nov 25, 2025
On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the US and Europeare contracting with a handful of artificial intelligence startups to map wildfire risk along thousands of miles of power lines, picking out indi...
Posted: Nov 25, 2025
Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week. Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 househo...
Posted: Nov 25, 2025
Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog, under new proposals to bridge the gap between member states on a deal to revamp Europe’s securi...
Posted: Nov 25, 2025
A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought in many British territories — dismissed …
Posted: Nov 25, 2025
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …
Posted: Nov 25, 2025
When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, s...
Posted: Nov 25, 2025
Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300...
Posted: Nov 25, 2025
While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s &...
Posted: Nov 25, 2025
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
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
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
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
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
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
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
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
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 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 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 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
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