Insurance Journal

Big Russian Port Operator Says its Systems Were Targeted by Foreign Hackers

Russia’s Port Alliance group, which operates a network of sea cargo terminals, said on Thursday that foreign hackers had targeted its systems over three days in a distributed denial of service (DDoS) attack and an attempted hack. It said in &#8...

Posted: Nov 14, 2025

AI Is Writing Performance Reviews. What Could Go Wrong?

JPMorgan Chase & Co.’s decision to let managers use artificial intelligence for help writing performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written re...

Posted: Nov 14, 2025

AM Best Revises Outlooks to Positive for Members of Kansas Medical Mutual Group

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMM...

Posted: Nov 14, 2025

Carbon Dioxide Emissions Are Set to Reach a New High This Year

Global carbon dioxide emissions from fossil-fuel use will reach a record high this year despite countries’ pledges to begin lowering their climate pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1% compared to last year...

Posted: Nov 14, 2025

PwC: Insurance Execs Say Agentic AI Leading Industry Transformation

More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional se...

Posted: Nov 14, 2025

Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says

In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held this week in a case stemming...

Posted: Nov 14, 2025

Markets & Coverages: Plymouth Rock, North Jersey Chamber Partner on Affinity Program

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...

Posted: Nov 14, 2025

Markets/Coverages: Plymouth Rock, North Jersey Chamber Partner on Affinity Program

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...

Posted: Nov 14, 2025

New Jersey Settles 2, Initiates 5 New Environmental Enforcement Lawsuits

New Jersey officials announced five new environmental enforcement actions in communities considered overburdened under New Jersey’s Environmental Justice Law and the settlement of two previous environmental justice lawsuits. The latest lawsuits...

Posted: Nov 14, 2025

Dangerous Car Chase Went 170 Miles Through 4 California Counties

In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping int...

Posted: Nov 14, 2025

Former Police Officer Pleads Guilty to Mistreating Prisoner

A former Connecticut police officer accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van pleaded guilty to a misdemeanor Wednesday and received no jail time, while three other officers cho...

Posted: Nov 14, 2025

Pennsylvania Moves to Exit Regional Carbon-Trading Market

Democratic Pennsylvania Governor Shapiro signed into law a bill to exit a regional market meant to cut greenhouse gas emissions, just over three years after the state joined the initiative to flight climate change. Both chambers of the state legislat...

Posted: Nov 14, 2025

NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown

The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program &#...

Posted: Nov 13, 2025

People Moves: TWFG Announces Leadership Appointments

TWFG Insurance announced a series of leadership appointments, which it said are designed to accelerate the company’s growth and strengthen its position for continued industry innovations. Katherine Nolan, who has served as Chief Operating Offic...

Posted: Nov 13, 2025

LA County Launches Investigation into State Farm Over Wildfire Claims

Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential...

Posted: Nov 13, 2025

LA County Launches Investigation Into State Farm Over Wildfire Claims

Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential...

Posted: Nov 13, 2025

NAMIC Voices Support for FEMA Reform Bill

It did not taking long for one of the industry’s trade associations to spring to action following Congress’s return to work after a lengthy government shutdown. The National Association of Mutual Insurance Companies (NAMIC) on Thursday ca...

Posted: Nov 13, 2025

Los Angeles Braces for Drenching Storms, Potential Flooding

California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires....

Posted: Nov 13, 2025

Business Moves: Trucordia Acquires 5 Local Agencies in 4 States

Trucordia on Thursday said it acquired five insurance businesses across the United States, marking a significant milestone in the agency’s strategy to build a values-driven, client-first national network. The newly acquired businesses include:...

Posted: Nov 13, 2025

Anzen in California Raises $16M to Scale AI Platform for Insurance Distribution

San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raise...

Posted: Nov 13, 2025

Founders Fund Backs Startup Bringing AI to Plumbers and Roofers

Large companies have been stuffing artificial intelligence software into every possible product for years. Now, Founders Fund is backing a startup that wants to help small businesses use the technology, too. Netic, which just raised $23 million in a...

Posted: Nov 13, 2025

West Virginia Coal Miner Found Dead in Flooded Mine

The body of a coal miner was found inside a mine in southern West Virginia, four days after the stretch of mine was flooded when crews hit an unexpected pocket of water, officials said. It’s the third death this year …

Posted: Nov 13, 2025

People Moves: Rugge Named Chief Actuary at Selective as Senia Plans Retirement

Selective Insurance, headquartered in Branchville, New Jersey, named Nathan Rugge as executive vice president, chief actuary. Rugge, who currently serves as senior vice president, chief corporate actuary, reserving, will assume the role following the...

Posted: Nov 13, 2025

Chubb Launches AI-Powered Embedded Insurance Engine in ‘Chubb Studio’

Chubb on Wednesday announced the debut of a new artificial intelligence-powered optimization engine within Chubb Studio, its global technology platform for embedded insurance distribution partnerships. The new capability uses proprietary AI to analyz...

Posted: Nov 13, 2025

People Moves: Markel Int’l Promotes Davies as MD of Newly Created London Mkt Business; Lockton Re Ta...

This edition of International People Moves details appointments at insurer Markel International and broker Lockton Re. A summary of these new hires follows here. Markel International Promotes Davies as MD of Newly Created London Mkt Business Markel I...

Posted: Nov 13, 2025