Insurance Journal
Residents of Jefferson Parish, Louisiana could soon see a reduction in flood insurance premiums, after the parish improved its class rating for the National Flood Insurance Program (NFIP). Jefferson Parish’s Community Rating System (CRS) will i...
Posted: Oct 05, 2025
In one of the longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether insurers’ recent policies barred coverage for incidents t...
Posted: Oct 05, 2025
In the olden days, before Zoom or Microsoft TEAMS, or even before (gasp) email … when a surety agent would submit an account to a surety underwriter there was this weird thing that would be attached: a submission letter!!!! The …
Posted: Oct 05, 2025
Federal officials have opened inquiries into California State University for allegations of antisemitism and claims of racial discrimination tied to a diversity hiring initiative. The U.S. Equal Employment Opportunity Commission has launched an inves...
Posted: Oct 03, 2025
OpenAI Inc. says a lawsuit accusing it of stealing technology from xAI is just Elon Musk’s latest attempt to distract attention from the failures of his own generative artificial intelligence company. “Unable to match OpenAI’s innov...
Posted: Oct 03, 2025
White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of Hamilton, Bermuda-based White Mo...
Posted: Oct 03, 2025
Six unoccupied houses along North Carolina’s Outer Banks have collapsed into the ocean as Hurricanes Humberto and Imelda rumble in the Atlantic, the latest private beachfront structures to fall as sea levels rise due to global warming. Five of...
Posted: Oct 03, 2025
Howden, the London-based insurance intermediary group, announced the acquisition of Gott & Wynne Ltd., a property-casualty insurance broker based in Llandudno, North Wales, specializing in both personal and commercial lines. This acquisition give...
Posted: Oct 03, 2025
The wait continues for Georgia farmers who need more aid after Hurricane Helene, even as state and federal officials in other states announce agreements. The U.S. Department of Agriculture and Georgia Agriculture Commissioner Tyler Harper this week a...
Posted: Oct 03, 2025
White House Budget Director Russell Vought announced the withholding of more than $2 billion for transportation projects in Chicago, the latest move by the Trump administration to use the shutdown as leverage to shrink the federal government. Vought...
Posted: Oct 03, 2025
A large fire erupted in a jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles on Thursday, disrupting supply in California’s isolated energy market. Chevron’s second-biggest refinery in the United States, the...
Posted: Oct 03, 2025
An explosion at a New York City apartment building blew off a massive chimney that ran up the side of the high-rise, leaving residents to wait for clearance to return to their apartments as officials investigate what caused the blast. …
Posted: Oct 03, 2025
Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CR...
Posted: Oct 03, 2025
The Net-Zero Banking Alliance is to cease operations after a vote to wind up the group which had already lost many of its members amid allegations from some U.S. lawmakers that membership breached antitrust regulations. The alliance, set up in …...
Posted: Oct 03, 2025
Typhoon Matmo intensified as it made landfall in northern Philippines on Friday where it’s forecast to dump heavy rain, with the nation still reeling from the impact of two deadly typhoons in the past two weeks. Matmo, locally named Paolo, R...
Posted: Oct 03, 2025
Denmark accused Russia of waging a hybrid war against the Nordic nation and warned more attacks are likely, after a series of drone incursions disrupted operations at civilian and military airports. The Danish Defence Intelligence Service said in a t...
Posted: Oct 03, 2025
A Finnish district court ruled on Friday that it does not have jurisdiction to prosecute the captain and two officers of the Eagle S oil tanker, who are accused of breaking undersea power and internet cables in the Baltic Sea …
Posted: Oct 03, 2025
DUAL UK, the managing general agent and subsidiary of insurance intermediary Howden, announced a five-year capacity deal led by Zurich Insurance, along with Liberty Specialty Markets and other A-rated capacity to support its new regional Commercial C...
Posted: Oct 03, 2025
When faced with testimony that Zug Island’s EES Coke Battery is one of Michigan’s worst sulfur dioxide polluters, an attorney for the facility said Monday: “So what?” The DTE Energy-owned facility was “permitted to do so...
Posted: Oct 03, 2025
Yemen’s Houthi rebels claimed responsibility early on Wednesday for an attack this week that left a Dutch-flagged cargo ship ablaze and adrift in the Gulf of Aden, underlining the range of their weaponry and their campaign targeting shipping ov...
Posted: Oct 03, 2025
German air traffic control said it suspended flight operations at Munich Airport Thursday evening after several drone sightings, affecting multiple departures and thousands of passengers at the country’s second-biggest hub. Seventeen departures...
Posted: Oct 03, 2025
Flight disruptions eased at Munich International Airport after drone sightings on Thursday led German authorities to suspend operations at the country’s second-biggest hub. Flight operations have been running normally since 5 a.m. local time, a...
Posted: Oct 03, 2025
Kansas Attorney General Kris Kobach announced that his office filed a lawsuit in Washington County District Court against social media company, Snap, Inc., the creator of the SnapChat platform. The lawsuit alleges that Snap has engaged in deceptive a...
Posted: Oct 03, 2025
USG Insurance Services, Inc. is pleased to welcome Jeremy Hernandez as an underwriter in its Houston, Texas office. Hernandez will be working under the leadership of Jodi Berger, Executive Vice President: Regional Manager. Hernandez brings with him a...
Posted: Oct 03, 2025
One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease. Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an 11.8% rate decrease, which ta...
Posted: Oct 03, 2025