Insurance Journal

Another Insurer — Philadelphia Insurance— Reports Network Outage

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

Another Insurer — Philadelphia Insurance — Reports Network Outage

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

Erie Insurance Reports Data Securtity Breach Caused Network Outage

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

Erie Insurance Reports Data Security Breach Caused Network Outage

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

Erie Insurance Reports ‘Information Security Event’ Caused Network Outage

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

People Moves: Verisk Promotes White and Gregory; Alliant Hires Paul to Lead New Transportation Verti...

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

Trump Tariffs May Remain in Effect While Appeals Proceed, US Appeals Court Rules

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 Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive

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 Bill Expands Lawsuits Against Out-of-State Abortion Providers

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

Judge Dismisses Baldoni’s Defamation Suits Against Actress Lively, NY Times

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

Whole Foods Supplier Hack Leaves Empty Shelves, Stalls Forklifts

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

Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius

Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 4...

Posted: Jun 11, 2025

Ategrity Specialty Seeks $113.3 Million in IPO

Ategrity Specialty Insurance Company Holdings announced today the pricing of its expected initial public offering (IPO)of 6,666,667 shares of common stock at a public offering price of $17.00 per share. The aggregate gross proceeds to the company fro...

Posted: Jun 11, 2025

Musician Conner Smith Fatally Struck a Pedestrian in Nashville. No Charges Yet

Country musician Conner Smith fatally hit a pedestrian while driving his truck in Nashville over the weekend, and he currently faces no charges as an investigation continues, police said. Metro Nashville Police said Smith, 24, hit Dorothy Dobbins, 77...

Posted: Jun 11, 2025

North Carolina Auto Rates to Rise for Second Time This Year After Agreement

North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry. The increase comes six months after lawmakers raised minimum aut...

Posted: Jun 11, 2025

US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS

U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.3% during the first three...

Posted: Jun 11, 2025

Trump FAA Nominee Calls Near-Miss Incidents at DC Airport Unacceptable

President Donald Trump’s nominee to head the Federal Aviation Administration said on Tuesday that the 85 near-miss incidents at Reagan Washington National Airport since 2021 were unacceptable. On January 29, a Black Hawk helicopter collided wit...

Posted: Jun 11, 2025

King Risk Partners Enters New York With Acquisition of Cameron Group

Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercial i...

Posted: Jun 11, 2025

Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules

Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts. The...

Posted: Jun 11, 2025

Millions of Eggs Recalled After Dozens Sickened With Salmonella

The US Food and Drug Administration said more than 20 million eggs have been recalled after 21 people were hospitalized with salmonella. The eggs, distributed by the August Egg Company, were sold to retailers including Walmart Inc. and Safeway Stores...

Posted: Jun 11, 2025

Apollo to Tap Rich, Retail Clients in Asia for Asset Growth

Apollo Global Management Inc. said high-net-worth clients and access to retail investors are the biggest opportunities in Asia for growth in the coming years. Australia’s superannuation system, which will be the world’s second-largest pen...

Posted: Jun 11, 2025

Markets/Coverages: MGA Aurora Launches Lloyd’s-Backed Property Insurance Offering

Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital i...

Posted: Jun 11, 2025

Houston Plumbing Contractor to Pay $101K in Back Wages

The U.S. Department of Labor has recovered $101,690 in back wages and damages owed to 31 employees of a Houston plumbing contractor who paid them a salary but failed to pay an overtime premium for hours over 40 in a …

Posted: Jun 11, 2025

Salmonella Outbreak Tied to Egg Recall Sickens Dozens Across 7 States

A salmonella outbreak linked to a large egg recall has made dozens of people sick in seven states in the West and Midwest, federal health officials said Saturday. The August Egg Company recalled about 1.7 million brown organic and brown …

Posted: Jun 11, 2025

Expanding Missile Threats and Airspace Closures Are Straining Airlines

Proliferating conflict zones are an increasing burden on airline operations and profitability, executives say, as carriers grapple with missiles and drones, airspace closures, location spoofing and the shoot-down of another passenger flight. Airlines...

Posted: Jun 11, 2025