Insurance Journal
New underwriting talent brings decades of expertise and strong broker relationships to support Alta’s continued growth in the excess space. OVERLAND PARK, KS (June 12, 2025) – Alta Risk today announced the addition of two seasoned excess...
Posted: Jun 12, 2025
Tesla Inc. already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking ...
Posted: Jun 12, 2025
Fabcon, a Delaware corporation with a manufacturing facility in Ohio, was sentenced to pay a $500,000 fine, the statutory maximum, after pleading guilty to willfully violating an Occupational Safety and Health Administration (OSHA) rule, the Departme...
Posted: Jun 12, 2025
Michigan State University has reached settlements worth about $30 million with three students who survived a mass shooting in 2023, attorneys said Tuesday. Three students were killed and five more were wounded when a man with no connection to the ...
Posted: Jun 12, 2025
When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer that Larry Wilkinson may n...
Posted: Jun 12, 2025
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for such resiliency money, known as...
Posted: Jun 12, 2025
President Donald Trump said his team will move forward with winding down much of the Federal Emergency Management Agency—but not until after a hurricane season that some projections show could be particularly deadly. “We’re going to do it...
Posted: Jun 12, 2025
Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean. “Please do no...
Posted: Jun 12, 2025
Walt Disney and Comcast’s Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for its use of the studios’ best-known characters....
Posted: Jun 12, 2025
A new class action lawsuit alleges that digital insurer Lemonade has violated the privacy of as many as 190,000 drivers by disclosing their license numbers to cybercriminals through its online auto insurance quote platform. The complaint filed in fed...
Posted: Jun 12, 2025
A new class action lawsuit alleges that digital insurer Lemonade has violated the privacy of as many as 190,000 drivers by disclosing their license numbers to cybercriminals through its online auto insurance quote platform. The complaint filed in fed...
Posted: Jun 12, 2025
A new class action lawsuit alleges that digital insurer Lemonade has violated the privacy of as many as 190,000 drivers by exposing license numbers to cybercriminals through its online auto insurance quote platform. The complaint filed in federal cou...
Posted: Jun 12, 2025
The former owner and manager of the Royal India Cuisine restaurants in Kirkland and Lynnwood, Washington, face multiple felony theft charges for failing to pay employees nearly $45,000 from 2021 to 2023. Mohammad Rashid Bhatti, 74, and Aeisha Bhatti,...
Posted: Jun 12, 2025
Coalition hired Ilsa Derfus as its director of capacity. At Coalition, Derfus will be responsible for managing relationships with carrier partners and will serve as the primary point of contact for all capacity-related matters. Derfus joins Coalition...
Posted: Jun 12, 2025
Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online applications. “We are working to...
Posted: Jun 11, 2025
Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online applications. “We are working to...
Posted: Jun 11, 2025
On Wednesday Erie Indemnity Co. reported that the network outage that has affected all of its systems for five days and is continuing to do so was the result of a data security breach. In a filing with the Securities …
Posted: Jun 11, 2025
On Wednesday Erie Indemnity Co. reported that the network outage that has affected all of its systems for five days and is continuing to do so was the result of a data security breach. In a filing with the Securities …
Posted: Jun 11, 2025
On Wednesday Erie Indemnity Co. reported that the network outage that has affected all of its systems for five days and is continuing to do so was the result of a security issue. In a filing with the Securities and …
Posted: Jun 11, 2025
Verisk Promotes White and Gregory Verisk’s Property Claims Services (PCS), headquartered in Jersey City, New Jersey, named Harry White as the new head of commercial strategy and Ted Gregory as head of research and operations. White has been wit...
Posted: Jun 11, 2025
A federal appeals court allowed President Donald Trump’s most sweeping tariffs to remain in effect on Tuesday while it reviews a lower-court decision blocking them on grounds that he had exceeded his authority by imposing them. The decision by...
Posted: Jun 11, 2025
Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida, costing the r...
Posted: Jun 11, 2025
Louisiana lawmakers on Tuesday approved a measure that targets out-of-state doctors and activists who prescribe, sell, or provide pregnancy-ending drugs to residents in the reliably red state where abortions are banned with few exceptions. Louisiana...
Posted: Jun 11, 2025
A judge on Monday dismissed the lawsuit that actor and director Justin Baldoni filed against his “It Ends With Us” costar Blake Lively after she sued him last year for sexual harassment and retaliation. U.S. District Court Judge Lewis Lim...
Posted: Jun 11, 2025
United Natural Foods Inc., a grocery distributor for Amazon Inc.’s Whole Foods Market, is working to bring systems back online by June 15 and resume product deliveries after a cyberattack disrupted its operations, leaving some store shelves bar...
Posted: Jun 11, 2025