Insurance Journal
Costco, Ryder Last Mile Inc. and Mega Nice Trucking LLC $868,128 citation has been issued by the California Labor Commissioner’s Office for worker misclassifying and labor law violations affecting 58 delivery drivers. The LCO reports that Ryder...
Posted: Nov 04, 2025
Transportation Secretary Sean Duffy said he’d close US airspace if officials determined air travel was dangerous, as the government shutdown stretches into its second month. “If we thought that it was unsafe, we’ll shut the whole ai...
Posted: Nov 04, 2025
Workers’ compensation insurance premium rates in California have been in a steady decline for many years, after a series of reforms to the system reduced claim payouts, and subsequent changes to the experience modification rating calculation de...
Posted: Nov 04, 2025
Encova Insurance, headquartered in Columbus, Ohio, named Zach Webber as vice president, corporate actuarial, and Boppana Rao as vice president, enterprise digitization, AI and data. Webber has nearly two decades of actuarial experience across both co...
Posted: Nov 03, 2025
Spend enough time along the shores of Lake Superior and it won’t be long before there’s some reminder of what happened “when the gales of November came early.” This year marks the 50th anniversary of the wreck of the Edmund &#...
Posted: Nov 03, 2025
ReSource Pro, a strategic operations partner serving the insurance industry, announced the acquisition of Supportive Insurance Services (SIS), a provider of licensing and renewal services. SIS’s deep specialization in adjuster licensing and com...
Posted: Nov 03, 2025
Two years after state lawmakers passed a sweeping law aimed at preventing Texas cities from adopting progressive policies, that law may finally get its first major test. Three Dallas residents sued the city in Denton County District Court Wednesday t...
Posted: Nov 03, 2025
The National Association of Insurance Commissioners (NAIC) said late last week that its chief executive officer, Gary Anderson, stepped down to “pursue other endeavors.” Anderson left the NAIC on Oct. 29. NAIC Chief Regulatory Affairs Off...
Posted: Nov 03, 2025
The West Virginia Office of the Insurance Commissioner is accepting comments about a proposed 47.38% average increase in auto liability rates filed by American Modern Property and Casualty Insurance Co. About 504 policyholders will be affected. Writt...
Posted: Nov 03, 2025
Tompkins Financial Corp. has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. Gallagher & Co. for approximately $223 million in cash. The transaction generates a pre-tax gain of $183 million...
Posted: Nov 03, 2025
Tompkins Financial Corp. has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. Gallagher & Co. for approximately $223 million in cash. The transaction generates a pre-tax gain of $183 million...
Posted: Nov 03, 2025
The recent escape of several research monkeys after the truck carrying them overturned on a Mississippi interstate is the latest glimpse into the secretive industry of animal research and the processes that allow key details of what happened to be &#...
Posted: Nov 03, 2025
The nation’s largest police fleet of Tesla Cybertrucks is set to begin patrolling the streets of Las Vegas in November thanks to a donation from a U.S. tech billionaire, raising concerns about the blurring of lines between public and private &#...
Posted: Nov 03, 2025
Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions of dollars, according to new cybersecurity research. Sunnyvale, Calif...
Posted: Nov 03, 2025
Marsh McLennan Agency (MMA) announced the acquisition of Hayden Wood Insurance Agency Inc., a Southborough, Massachusetts-based independent agency. Terms of the acquisition were not disclosed. The Hayden Wood Insurance Agency was founded in 1946 by H...
Posted: Nov 03, 2025
Connecticut’s insurance regulator has approved an industry filing that will lower workers’ compensation rates beginning January 1, 2026. The new voluntary market rates will reflect an average 3.8% decrease in loss costs. The rate for assi...
Posted: Nov 03, 2025
Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane made landfall in southwestern Jamaica last w...
Posted: Nov 03, 2025
The death toll in Vietnam from last week’s record-breaking downpours has climbed to 37 as another powerful storm bears down on the country’s coast and floodwaters rise again in some tourism hubs. The national weather agency warned that ri...
Posted: Nov 03, 2025
The Paris prosecutor said Saturday two new suspects were handed preliminary charges for their alleged involvement in the crown jewels heist at the Louvre museum, three days after they were arrested by police as part of the sweeping investigation. Lau...
Posted: Nov 03, 2025
The Paris prosecutor said Saturday two new suspects were handed preliminary charges for their alleged involvement in the crown jewels heist at the Louvre museum, three days after they were arrested by police as part of the sweeping investigation. Lau...
Posted: Nov 03, 2025
AXA XL announced the launch of a new cyber solution designed to provide construction firms in Europe, Asia and Australia with enhanced protection against the rapidly evolving landscape of cyber threats. Available by endorsement to AXA XL’s cybe...
Posted: Nov 03, 2025
H.W. Kaufman Group Makes Promotions Across Executive and North American Teams H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, promoted 16 members of its executive and North American teams to new roles. The announcement follows the 20...
Posted: Nov 03, 2025
Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the next few weeks we’ll get more details into what the payout is,” Dana Morris Dixon, minister of educ...
Posted: Nov 03, 2025
Within days of Donald Trump announcing his sweeping “Liberation Day” tariffs in April, Rick Woldenberg was looking for a law firm to help him sue the U.S. president. “I’m not willing to allow politicians to destroy what we hav...
Posted: Nov 03, 2025
Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate. That figure hit $13.5 billion, as the firm̵...
Posted: Nov 03, 2025