Insurance Journal
The families of two of the eight people killed earlier this year when an air ambulance crashed in Philadelphia filed a lawsuit on Monday, claiming the medical air transport company and others negligently caused their deaths. The wrongful death case &...
Posted: Nov 20, 2025
Florida-based national insurance agency King Risk Partners announced its continued expansion into the New England market through the acquisition of Acacia Insurance, an independent agency located in Waltham, Massachusetts. Acacia Insurance provides p...
Posted: Nov 20, 2025
Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property...
Posted: Nov 20, 2025
Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents th...
Posted: Nov 20, 2025
Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like R...
Posted: Nov 20, 2025
Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstance...
Posted: Nov 19, 2025
AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates inc...
Posted: Nov 19, 2025
A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory ̷...
Posted: Nov 19, 2025
Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewle...
Posted: Nov 19, 2025
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines of business were either flat...
Posted: Nov 19, 2025
King Risk Partners, which said it is now the 51st largest insurance brokerage in the United States, has acquired Stuart Surles Insurance agency in Angier, North Carolina, near Raleigh. The Surles agency, founded some 30 years ago, specializes in farm...
Posted: Nov 19, 2025
A plastic label on a single loose wire that blocked the wire from being fully connected caused an electrical blackout that led to the fatal collision of the 984-foot-long containership Dali into Baltimore’s Francis Scott Key Bridge in 2024. Inv...
Posted: Nov 19, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment of James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will take up his new role early in 2026 and report to Flavio Piccolomini...
Posted: Nov 19, 2025
Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid stability. Power consumption has grown 20 gigawatts fro...
Posted: Nov 19, 2025
The European Union’s top diplomat said that Moscow’s aggression against the bloc, including an explosion that occurred in Poland over the weekend, should be considered terrorism. “These sabotage acts they are organizing on our terri...
Posted: Nov 19, 2025
An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement …
Posted: Nov 19, 2025
OAK Global, the Lloyd’s reinsurance business, announced it has received permission from Lloyd’s to underwrite via Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and special...
Posted: Nov 19, 2025
This post is part of a series sponsored by IAT Insurance Group. The 2025 Atlantic hurricane season is shaping up to be one of the most active yet, with up to 25 named storms expected — and the potential for …
Posted: Nov 19, 2025
This post is part of a series sponsored by EZLynx. With fall in full swing, independent insurance agencies are gearing up for one of the busiest—and most festive—times of the year. Between Thanksgiving dinners, holiday planning, and the inevitable ye...
Posted: Nov 19, 2025
Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the European Central Bank said on Tuesday as it outlined its supervisory priorities for the next three years. The E...
Posted: Nov 19, 2025
European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Services, Google Cloud, and Microsoft, as critical third-party computing providers for the bloc’s finance industry. Under the EU’s Digital Opera...
Posted: Nov 19, 2025
The Justice Department announced that it has filed a lawsuit against Thomas Ray Kelso, the former owner and manager of rental properties formerly known as Briarwood Apartments in Searcy, Arkansas, for engaging in sexual harassment and retaliation in...
Posted: Nov 19, 2025
The Tulsa City Council last week approved an ordinance allowing the city’s fire department to charge insurance companies for responses to some motor vehicle accidents. The cost recovery program will charge the at-fault driver’s insurance...
Posted: Nov 19, 2025
The Tulsa City Council last week approved an ordinance allowing the city’s fire department to charge insurance companies for responses to some motor vehicle accidents. The cost recovery program will charge the at-fault driver’s insurance...
Posted: Nov 19, 2025
Chubb Appoints Hazelton COO of North America Field Operations Chubb, headquartered in New York City, named Bill Hazelton as chief operating officer (COO) for North America Field Operations, effective Dec. 1. Hazelton will oversee the delivery of Chub...
Posted: Nov 19, 2025