Insurance Journal
A U.S. appeals court on Tuesday agreed with Elon Musk’s SpaceX and two other companies that the U.S. National Labor Relations Board’s structure is likely unlawful and blocked the agency from pursuing cases against them. The ruling by the...
Posted: Aug 20, 2025
Consumer advocates in the Oregon Division of Financial Regulation report recovering $1.2 for residents, bringing the year-to-date total to more than $3.7 million. In the second quarter, consumer advocates reported getting 1,367 complaints, with insur...
Posted: Aug 20, 2025
JPMorgan Chase & Co. lost an attempt to stop an 85-year-old widow from pursuing claims in arbitration that the company failed to prevent her son from siphoning more than $8 million from her bank accounts. The widow, Susan Kraus, in …
Posted: Aug 20, 2025
Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company’s electric vehicles. U.S. District Judge Rita Lin said the common question of wheth...
Posted: Aug 19, 2025
Progressive North Ridgeville, LLC, a healthcare facility in North Ridgeville, Ohio, agreed to pay $5,000 and take corrective action to resolve a race discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the agency...
Posted: Aug 19, 2025
The US government is forecasting a record corn crop this year, but pictures of ugly-looking plants spreading fast through social media have triggered concern about the upcoming harvest. The photos show corn with missing kernels as a result of uneven...
Posted: Aug 19, 2025
Missing an ear and his front legs detached, Brighty the Burro certainly has seen better days. The 600-pound (273-kilogram) bronze statue used to greet visitors at the Grand Canyon Lodge on the national park’s North Rim. The nearly century-old b...
Posted: Aug 19, 2025
The Texas Senate quickly got to work Monday by passing several bills on the chamber’s desk as part of Gov. Greg Abbott’s agenda for the second special session of the year for the Legislature, focusing first on flood-related legislation. A...
Posted: Aug 19, 2025
Deep-red Texas needs to build power plants at an astonishing speed and scale to keep its economy humming. President Donald Trump just made that much harder. So many data centers, crypto-mining operations and factories are planned for the Lone Star &#...
Posted: Aug 19, 2025
This edition of International People Moves details appointments at Howden and Berkshire Hathaway Specialty Insurance. A summary of these new hires follows here. Howden Taps Hughes From IAG as CEO of New Zealand Howden, the London-based global insuran...
Posted: Aug 19, 2025
Brown & Riding, headquartered in Dallas, Texas, named Lauren Root as vice president of its national property practice. Based in the firm’s Houston, Texas, office, Root specializes in property and inland marine coverage with expertise in cat...
Posted: Aug 19, 2025
W.R. Berkley Corp. announced the formation of Berkley Edge, a new business providing professional liability and casualty insurance for small to mid-sized businesses. Berkley Edge will focus on hard-to-place and distressed risks, offering coverage exc...
Posted: Aug 19, 2025
Four major heat waves, dry conditions and strong winds have turned Europe into a tinderbox this summer, fueling the most destructive wildfire season in nearly two decades. Blazes have scorched about 8,948 square kilometers (3,455 square miles) across...
Posted: Aug 19, 2025
Albert Geraci, area president of wholesale broker Risk Placement Services, has taken the helm as president of the Florida Surplus Lines Association. He replaces Virginia Clancy, who was in the role for 2024-2025. “This year, we will continue to...
Posted: Aug 19, 2025
Renaissance, a network of independent insurance agencies, has acquired the agency network business of Evolution Partners, a California-based membership group that helps independent insurance agencies secure direct appointments with insurance carriers...
Posted: Aug 19, 2025
Regulators have approved another new property insurer for the Florida market – Vision Insurance Exchange – led by former Florida Peninsula Insurance CEO Roger Desjadon. The Cape Coral-based Vision is the 15th property-casualty firm to set up shop in...
Posted: Aug 19, 2025
Managing general underwriter Ryan Financial Lines has expanded its national Insurance Agents & Brokers E&O Program, now offering an admitted product that is available to retail agents in most states. The enhanced program is tailored for proper...
Posted: Aug 19, 2025
A group of marijuana dispensaries in New York sued the state on Friday after cannabis regulators admitted they accidentally allowed pot shops to open too close to schools, putting the future of the businesses in jeopardy. The lawsuit asks a …
Posted: Aug 19, 2025
CVS Health is not entitled to coverage from insurers, including AIG and Chubb, against thousands of lawsuits over its role in the nation’s opioid crisis, Delaware’s highest court ruled on Monday. The Delaware Supreme Court concluded that...
Posted: Aug 19, 2025
A judge on Monday fined Qantas Airways 90 million Australian dollars ($59 million) for illegally firing more than 1,800 ground staff at the start of the COVID-19 pandemic. The penalty is in addition to the A$120 million ($78 million) in …
Posted: Aug 19, 2025
Global specialty insurer Markel Insurance reported that it has completed the sale of the renewal rights for its $1.2 billion global reinsurance business to Nationwide. This transaction was previously announced on July 30 and is part of what Markel ci...
Posted: Aug 19, 2025
Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and difference in limits) policy de...
Posted: Aug 19, 2025
Mumbai is facing more heavy rain after a deluge that’s delayed flights, disrupted train services and closed schools, with India’s weather agency issuing its highest warning for the financial hub. Intense rain spells and wind gusts as high...
Posted: Aug 19, 2025
Investigators with the North Carolina Department of Insurance last week charged a man with swindling almost $1 million and attempting to gain another $887,500 from travel insurance companies from 2020 to 2024. Michael Gerard Renna, 50, of Clayton, ne...
Posted: Aug 19, 2025
Newsmax Media has agreed to pay $67 million to Dominion Voting Systems to settle a $1.6 billion defamation lawsuit over false claims that the voting machine company rigged the 2020 election against U.S. President Donald Trump, it said on Monday. R...
Posted: Aug 19, 2025