Insurance Journal
The Mechanic Group Appoints Chieppo Practice Leader The Mechanic Group, a division of Specialty Program Group LLC (SPG) headquartered in Pearl River, New York, appointed Candace Chieppo as practice leader. She is responsible for delivering coverage a...
Posted: Aug 18, 2025
Preparations for a routine maintenance task may have led to an explosion at a U.S. Steel coal-processing plant near Pittsburgh that left two dead and sent 10 to hospitals, the company said Friday. U.S. Steel said it developed the information, …
Posted: Aug 17, 2025
Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use the Verisk Wildfire catastrophe model, which...
Posted: Aug 15, 2025
The U.S. Justice Department said on Friday it has sued California in a bid to end the state’s enforcement of emissions standards for trucks. The DOJ said it filed two complaints this week in federal courts against the California Air …
Posted: Aug 15, 2025
Inside the world’s largest climate coalition for banks, there’s speculation that an exodus led by Wall Street could be about to spread to the European Union. The Net-Zero Banking Alliance, an organization dedicated to decarbonizing global...
Posted: Aug 15, 2025
Higginbotham announced it has partnered with Roehr Insurance, one of the largest property and casualty insurance agencies in Cincinnati, Ohio. The partnership grows Higginbotham’s presence in the Midwest and provides Roehr with expanded resourc...
Posted: Aug 15, 2025
OpenAI Chief Executive Officer Sam Altman wants to spend trillions of dollars over time on the infrastructure required to develop and run artificial intelligence services. He just needs to figure out a way to raise that kind of money. “You R...
Posted: Aug 15, 2025
All signs point to a slowdown of the Texas economy as job growth slows, construction declines and inflation ticks up, according to a Monday report by the Federal Reserve Bank of Dallas. The report on the Fed’s recent Texas Business …
Posted: Aug 15, 2025
A Texas school bus carrying more than 40 students on Wednesday rolled over after veering off a rural road on the first day of class, injuring multiple students, authorities said. At least one person has life-threatening injuries, while two others ...
Posted: Aug 15, 2025
Nedra Sims Fears still remembers the night years ago when her family home in Chicago flooded, sparking an electrical fire. Her father woke her up and rushed her outside into the pouring rain as smoke filled the rooms of their …
Posted: Aug 15, 2025
The governor of New Mexico declared a state of emergency in response to violent crime and drug trafficking across a swath of northern New Mexico, including two Native American pueblo communities. The emergency declaration by Gov. Michelle Lujan Grish...
Posted: Aug 15, 2025
Insurance broker Aon Plc was accused in a civil lawsuit of helping cause the collapse of Vesttoo Ltd., an Israeli insurance startup once valued at $1 billion that went bankrupt after disclosing certain documents underpinning its business were falsifi...
Posted: Aug 15, 2025
The Alabama Department of Insurance wants new data on how liability coverage affects insurance claims costs. In a bulletin posted Thursday, Commissioner Mark Fowler said the department has issued a data call to carriers of personal and commercial aut...
Posted: Aug 15, 2025
Nearly a decade after the deadly 2016 floods, West Virginia officials are moving forward with a study to look at flood mitigation measures across the Kanawha River Basin. Last month, Gov. Patrick Morrisey announced that the state will work with ̷...
Posted: Aug 15, 2025
Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). A wave of devastating cyberatta...
Posted: Aug 15, 2025
B.P. Marsh & Partners Plc, the specialist private equity investor, announced it is investing in a new collateralized reinsurer that aims to support growth in its long-time investee company XPT Group, the U.S. wholesale insurance broking and under...
Posted: Aug 15, 2025
The National Football League cannot force Minnesota Vikings defensive coordinator Brian Flores’ racial bias claims into an arbitration controlled by the league, a federal appeals court ruled on Thursday. In a 3-0 decision, the 2nd U.S. Circuit...
Posted: Aug 15, 2025
The partial collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported, according to an independent evaluation of the disaster. At least 1.5 …...
Posted: Aug 15, 2025
Delivery drones are so fast they can zip a pint of ice cream to a customer’s driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the …
Posted: Aug 15, 2025
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the second quarter 2025 rose by 3.7%–down from the average increase of 4.2% from the first three mon...
Posted: Aug 15, 2025
Dan Loeb has won a vote to turn his UK investment trust into a life and annuity reinsurance company, defying a fierce backlash from some shareholders. A majority of investors backed a plan for London-listed Third Point Investors to acquire …
Posted: Aug 15, 2025
The world may be about to shift into a La Niña weather pattern, a development that would increase the risk of storms in the Atlantic as the height of hurricane season approaches there. Forecasters at the US Climate Prediction Center …
Posted: Aug 15, 2025
Florida Peninsula Insurance Co., the ninth-largest property insurance carrier in the state with some 189,000 policies in force, announced it had filed for some of the largest rate decreases since landmark legislative changes were enacted two years ag...
Posted: Aug 15, 2025
A Port Jervis, New York man recently entered a guilty plea to charges he collected more than $42,000 in workers’ compensation benefits issued to his deceased mother. New York State Inspector General Lucy Lang announced the July 31, 2025, guilty...
Posted: Aug 15, 2025
A Port Jervis, New York man recently entered a guilty plea to charges he collected more than $42,000 in workers’ compensation benefits issued to his deceased mother. New York State Inspector General Lucy Lang announced the July 31 guilty plea &...
Posted: Aug 15, 2025