Insurance Journal

Medical Journal Lancet Retracts 49-Year-Old Baby Powder Paper Over J&J Breach

The Lancet, one of the world’s leading medical journals, retracted a nearly five-decade-old paper extolling the safety of talc, the main ingredient in Johnson & Johnson’s iconic baby powder that fueled tens of thousands of lawsuits ag...

Posted: Mar 27, 2026

Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction

Major online betting platforms and the National Football League (NFL) are facing a product liability lawsuit in Pennsylvania alleging that their live in-game microbetting product is an “inherently dangerous product designed to maximize betting...

Posted: Mar 27, 2026

Meta Funds Seven Gas Plants for Biggest Data Center

Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race. The company reached a new agr...

Posted: Mar 27, 2026

Georgia Employers Fined for Repeat Silica Exposure for Workers

The federal Occupational Safety and Health Administration has proposed fines for two Georgia employers for failing to address safety violations that had exposed workers to noise and silica dust, which can cause severe respiratory illness. After a fol...

Posted: Mar 27, 2026

Georgia Tax Bill Would Take Billions in Breaks From Companies

Georgia wants to lower income taxes. Some of the world’s biggest companies are standing in the way. A state Senate bill that would all but exempt many lower- and middle-income earners from state income tax is stalling in the Georgia …

Posted: Mar 27, 2026

The Scope of Damage From Hawaii’s Floods Becomes Clearer

The worst flooding to hit Hawaii in two decades has swept homes off their foundations, floated cars out of driveways and left floors, walls and counters covered in thick, reddish volcanic mud. Authorities said hundreds of homes had been damaged, &#82...

Posted: Mar 27, 2026

US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports

The US Senate passed legislation early Friday to fund most of the Department of Homeland Security, forging a path to end a lengthy partial government shutdown that snarled airport security and threatened to ripple through an economy already roiled by...

Posted: Mar 27, 2026

Trump Extends Deadline for Striking Iran’s Energy Plants Into April

U.S. President Donald Trump said he would again extend the deadline for Iran to reopen the Strait of Hormuz or face the destruction of its energy plants, after Tehran had earlier rejected a 15-point U.S. proposal to end the fighting …

Posted: Mar 27, 2026

Iran Built Vast Camera Network to Control Dissent. Israel Turned it Into Targeting Tool

The role of Israel’s hijacking of Iran’s street cameras in the killing of the country’s supreme leader underscores how surveillance systems are increasingly being targeted by adversaries in wartime. Hundreds of millions of cameras h...

Posted: Mar 27, 2026

US Warns on Bab El-Mandeb Strait After Iran Shipping Threat

The US warned that Iran-backed Houthi militants could start firing on vessels in the Bab El-Mandeb Strait after Tehran raised the possibility of extending barriers to global shipping during the ongoing war. The US Department of Transportation’s...

Posted: Mar 27, 2026

Bessent Says Hormuz Ships Insurance Program to Start Soon

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, deliv...

Posted: Mar 27, 2026

Energy Fallout From Iran War Signals Global Wake-Up Call for Renewable Energy

The war in Iran is exposing the world’s reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway &#82...

Posted: Mar 27, 2026

Odey Allegedly Told Staffer He Could ‘Attack’ Her After Alcohol-Fueled Lunch

Ex-hedge fund boss Crispin Odey cornered a female receptionist after an alcohol-fueled lunch and told her “I could attack you now,” according to a diary entry by the staffer revealed at a London court on Tuesday. When she verbally resiste...

Posted: Mar 27, 2026

Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati

A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The &#8230...

Posted: Mar 27, 2026

Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati

A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The &#8230...

Posted: Mar 27, 2026

RFK Allies Petition to Add More Than 300 Injuries to US Vaccine Injury Table

An anti-vaccine group aligned with U.S. Health Secretary Robert F. Kennedy Jr. is petitioning him to vastly broaden a federal list to include more than 300 injuries it says are linked to immunizations, and has threatened to sue if he …

Posted: Mar 27, 2026

Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne

Coastal-focused homeowners and flood insurance broker ShoreOne Insurance Managers, Inc. has been acquired by Totalis Program Underwriters, a New York specialty insurance platform that is part of NFP, an Aon company. Terms of the deal were not disclos...

Posted: Mar 27, 2026

NCAA Asks Court to Stop DraftKings’ Use of ‘March Madness’ and Other Trademarks

The NCAA filed a complaint in federal court last week seeking an emergency restraining order to stop online sportsbook DraftKings from using registered trademarks associated with the NCAA men’s and women’s basketball tournaments. The comp...

Posted: Mar 27, 2026

People Moves: Gray Joins Alliant’s Northwest Employee Benefits Team

Melody Gray joined Alliant Insurance Services as vice president within its employee benefits group. Gray is based in Portland, Oregon, and will design and deliver a range of employee benefits solutions to a client base throughout the Pacific Northwes...

Posted: Mar 27, 2026

People Moves: RT Specialty Environmental & Construction Practice Elevates Four

RT Specialty’s Hamilton, New Jersey office, which is part of RT Specialty’s Environmental and Construction Professional (RT ECP) Practice, promoted four team members to new roles. Zack Kalet is advancing to consultant. Kalet joined RT ECP...

Posted: Mar 27, 2026

Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K

A married couple from New Bedford, Massachusetts pleaded guilty yesterday in federal court in Boston to a scheme to defraud insurance clients through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley, Brendan and L...

Posted: Mar 27, 2026

Maryland Top Court Tosses Baltimore and Annapolis Climate Change Lawsuits

The Supreme Court of Maryland has thrown out climate change lawsuits filed by Baltimore, Annapolis and Anne Arundel County against 26 fossil fuel companies, finding that the Clean Air Act along with U.S. Supreme Court rulings make it clear that &#823...

Posted: Mar 27, 2026

Jewish Communities Boost Security Amid Rise in Hateful Incidents

Law enforcement officials on Tuesday said they are taking steps to monitor and counter threats to Jewish and Muslim communities nationwide since the onset of war in the Middle East, multiple hate crimes and an attempted terror attack prompted increas...

Posted: Mar 27, 2026

People Moves: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockt...

This edition of International People Moves details appointments at Everest Group and AXA XL. A summary of these new hires follows here. Everest Appoints Busti From AXIS as Head of North America Treaty Reinsurance Everest Group Ltd., the Bermuda-based...

Posted: Mar 26, 2026

Michigan Woman Pleads Guilty in Beauty Store Theft Ring

A Michigan woman pled guilty to organizing a high-volume theft ring targeting Ulta Beauty stores in Wayne, Oakland, and Macomb counties, announced Michigan Attorney General Dana Nessel. Cheaira Broughton, 38, of Detroit, was charged by the Department...

Posted: Mar 26, 2026