Insurance Journal
Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …
Posted: Sep 29, 2025
A federal judge in Rhode Island ruled on Wednesday that it’s unconstitutional to require states to cooperate on immigration enforcement actions to get funding for disasters, which is overseen by the Federal Emergency Management Agency. A coalit...
Posted: Sep 29, 2025
Boeing Co. agreed to pay at least $50,000 to settle a wrongful death lawsuit brought by the family of John Barnett, a whistleblower who took his own life last year. Barnett, a former Boeing employee, died in March 2024 at …
Posted: Sep 29, 2025
Recording artist John Falls finally should see more than $2 million from a Hanover American insurance policy in the long-simmering case of an historic Memphis recording studio that was damaged in an arson fire and resulted in the studio owner …
Posted: Sep 29, 2025
A federal jury found two former Maryland police officers guilty of wire fraud, arson and insurance and bank fraud. Philip James Dupree, of Pikesville and Mark Ross Johnson, Jr., of Camp Springs were found to have conspired with others to …
Posted: Sep 29, 2025
No injuries were reported after a commercial regional jet overshot the designated touch down zone at a Virginia airport amid heavy rain last Wednesday night, but was stopped in a safety area at the end of the runway, officials said. …
Posted: Sep 29, 2025
Of the thousands of residents needing to rebuild after this year’s California wildfires, Andy Weyman would seem especially well positioned. The TV and stage director had remodeled his Malibu home just five years earlier and had city-approved bl...
Posted: Sep 29, 2025
PG&E Corp., which filed for bankruptcy in 2019 following devastating blazes, was upgraded to investment grade by Fitch Ratings after the California legislature boosted the size of a fire insurance fund. The ratings agency attributed the upgrade t...
Posted: Sep 26, 2025
South Korea’s DB Insurance Co. agreed to buy US specialty insurer Fortegra Group for $1.65 billion, in what would be the biggest US acquisition by a non-life insurer from the country. The Seoul-based company will purchase 100% of Fortegra’...
Posted: Sep 26, 2025
Inszone Insurance Services announced its expansion into Arkansas through the acquisition of Arkansas Best Insurance Agency, Inc., a long-standing independent agency based in Hot Springs, Arkansas. Founded in 1905, Arkansas Best Insurance Agency has p...
Posted: Sep 26, 2025
Storms carrying heavy rain and damaging winds ripped part of the roof off a hospital in eastern Oklahoma on Tuesday afternoon, forcing some patients to be evacuated, according to county officials. The Northeastern Health System hospital in Sallisaw h...
Posted: Sep 26, 2025
An Ohio police officer accused of shooting to death a pregnant Black mother two years ago was not trained or supervised properly, according to a federal lawsuit filed Wednesday against the police chief and the township that employed him. The …
Posted: Sep 26, 2025
The U.S. Department of Labor has obtained a default judgment requiring Akron, Ohio-based Markham Machine Co. Inc. and its owner to restore more than $134,000 to the company’s retirement plan after the company violated federal law. Entered by th...
Posted: Sep 26, 2025
Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new...
Posted: Sep 26, 2025
The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the U...
Posted: Sep 26, 2025
A federal judge in California on Thursday preliminarily approved a landmark $1.5 billion settlement of a copyright class action brought by a group of authors against artificial intelligence company Anthropic, according to the authors’ represent...
Posted: Sep 26, 2025
ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG). Newman has led (re)insurance company operations across both the retail and specialty markets, including setting up operations in North Americ...
Posted: Sep 26, 2025
Donegal Insurance Group and ECM Insurance Group announced that ECM will acquire the renewal rights to Donegal’s entire book of farmowners insurance business in the states of Pennsylvania, Delaware, Virginia, Ohio and Indiana in 2026. The book r...
Posted: Sep 26, 2025
Bracing himself against the current in waist-deep water, Clancy Loorham wrestles a broken length of PVC pipe from the rocky bottom of the French Broad River and peers inside. “I got a catfish in the pipe,” the 27-year-old with wispy ̷...
Posted: Sep 26, 2025
A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped into a ride. The verdict was reached in Glenwood Springs, where Wongel Estifanos …
Posted: Sep 26, 2025
From cultivation to cash registers, cannabis-related claims can face special challenges. When asked about the biggest exposures in the cannabis industry, Beth Ossino, claims manager at Golden Bear Insurance Company, pointed to theft and robbery. Duri...
Posted: Sep 26, 2025
This edition of International People Moves details appointments at Covéa Insurance and Ryan Re Underwriting Managers. A summary of these new hires follows here. Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK Covéa Insurance, the UK R...
Posted: Sep 26, 2025
Attorneys for the family of a man who died last week after riding a roller coaster at Universal Orlando Resort’s newest theme park said Monday that they believe he smacked his head on a restraint during downward thrusts and was …
Posted: Sep 26, 2025
Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The luxury carmaker owne...
Posted: Sep 26, 2025
Denmark’s Prime Minister Mette Frederiksen warned Danes to brace for more hybrid attacks, pointing to Russia as Europe’s main security threat, just before a suspected drone sighting disrupted air traffic in Denmark for the third time in a...
Posted: Sep 26, 2025