Insurance Journal
The Louisiana State Bar Association (LSBA) has selected Old Republic Lawyers Specialty Insurance (ORLSI) as its endorsed lawyer’s malpractice insurance provider. Through its partnership with ORLSI, the LSBA Insurance Program now offers enhanced...
Posted: Nov 04, 2025
Trinity Couriers Inc., a courier service based in San Antonio, pled guilty to fraudulently obtaining workers’ compensation insurance coverage, the Texas Department of Insurance announced. The company agreed to pay $800,000 in restitution to the...
Posted: Nov 04, 2025
A faculty adviser for Indiana University’s student newspaper filed a federal lawsuit last week arguing his free speech and due process rights were violated when he was fired for refusing to ensure no news stories appeared in the homecoming prin...
Posted: Nov 04, 2025
John Lupica, vice chairman of Chubb Group and executive chair of North America Insurance, is retiring at the end of the year. John Keogh, president and chief operating officer of Chubb Group, will add the additional role of chair of …
Posted: Nov 04, 2025
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President …
Posted: Nov 04, 2025
The North Carolina Rate Bureau is asking for 28.5% and 31% average rate increases for dwelling policies over the next two years, numbers that will likely be reduced after negotiations with the state insurance commissioner. The Rate Bureau, representi...
Posted: Nov 04, 2025
Prosecutors said three American cybersecurity professionals secretly ran a ransomware operation aimed at shaking down companies across the United States. The three people, only two of whom – Ryan Goldberg and Kevin Martin – were identifie...
Posted: Nov 04, 2025
This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these new hires follows here. Westfield Specialty Int’l Names Former AIG Exec Baldwin as President Wes...
Posted: Nov 04, 2025
Arthur J. Gallagher & Co. acquired Denver, Colorado-based Surescape Insurance Services LLC. Doug Rothey and his team will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail pro...
Posted: Nov 04, 2025
Progressive’s insureds in Florida who held auto policies in 2023 and 2024, then switched to another carrier, may not qualify for a refund, despite a state law that measures excess profits over a three-year period. Progressive officials said tha...
Posted: Nov 04, 2025
Already suing the current CEO of Howden US and others, all former employee, for breach of various employee contracts, broker Marsh has filed a new lawsuit again another group of former employees now at Howden US. The lawsuit filed Nov. …
Posted: Nov 04, 2025
A Chubb subsidiary says it is not obligated to cover a Ramada Inn franchise policyholder that has been ordered to pay $4.1 million to its parent company for a judgment in a sex trafficking case. The Philadelphia motel franchisee, Eighty …
Posted: Nov 04, 2025
JBS SA, the world’s largest meatpacker, has agreed to pay $1.1 million to settle a lawsuit by the state of New York over allegations the company misled the public about reducing the impact of its operations on the environment. As …
Posted: Nov 04, 2025
Some of the most sizable and troubled nursing homes in the state of Vermont have struggled for much of this year to provide sufficient care under new ownership, logging violations that included a death, injuries and neglect of residents. The …
Posted: Nov 04, 2025
Global efforts to slash emissions are set to pick up significantly in the years to come. That’s according to an analysis of the Group of 20 countries by London Stock Exchange Group Plc. The findings, which point to “a material …
Posted: Nov 04, 2025
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayma...
Posted: Nov 04, 2025
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayma...
Posted: Nov 04, 2025
Typhoon Kalmaegi killed 21 people and displaced nearly 400,000 more as it dumped heavy rains and caused widespread flooding in central Philippines, according to officials and local media. Many of the fatalities were in Cebu province where residents w...
Posted: Nov 04, 2025
Li Auto Inc. is recalling 11,411 of its flagship Mega multi-purpose electric vehicles in China after one of its cars caught fire [on October 23], highlighting growing concerns about EV safety. The recall covers the 2024 model of the Mega …
Posted: Nov 04, 2025
More than five years after first announcing stricter controls on industrial farm pollution in Michigan, state environmental regulators will finally start enforcing them. Regulations issued Wednesday by the Michigan Department of Environment, Great La...
Posted: Nov 04, 2025
UBS Group AG’s chairman warned against looming risks in the US insurance industry, citing weak and complex regulations amid an unprecedented boom in private financing. “We’re beginning to see huge rating agency arbitrage in the insu...
Posted: Nov 04, 2025
McCrosson Joins AXA XL Reinsurance as Senior Underwriter, US Property Treaty AXA XL Reinsurance hired Dan McCrosson to the U.S. property treaty reinsurance team in Stamford, Connecticut, as a senior underwriter, U.S. Property Treaty. McCrosson’...
Posted: Nov 04, 2025
CNA Financial Corp. recorded third quarter net income of $403 million compared with $283 million a year during the same period. Pretax catastrophe losses were $41 million for Q3, down more than $100 million from the prior year quarter. CNA’s &#...
Posted: Nov 04, 2025
Armed assailants attacked a commercial tanker off the coast of Mogadishu on Monday, firing at the vessel after attempting to board the ship in the first suspected Somali piracy incident of its kind since 2024, maritime sources said. If confirmed, ...
Posted: Nov 04, 2025
Starkweather & Shepley Insurance Brokerage, Inc., headquartered in East Providence, Rhode Island, hired Dennis Leamy as a commercial risk advisor. Leamy joins the firm with nearly 20 years of experience in property, casualty, and life insurance,...
Posted: Nov 04, 2025