Insurance Journal

This California Town Was Ravaged by A Wildfire. Seven Years Later, Schools Are Still Recovering

Nearly seven years after Paradise was ravaged by wildfire, the foothill town smells like pine trees again. New homes are sprouting up on once-scorched lots. Construction trucks rumble through neighborhoods. An ice cream shop recently opened around th...

Posted: Sep 12, 2025

Massachusetts Settles Asbestos Claims With Abatement Firm, Supermarket

The Massachusetts Attorney General’s Office (AGO) has reached an agreement with Compass Restoration Services, a Ludlow-based asbestos and lead abatement company, to resolve allegations that the company violated the Massachusetts Clean Air Act a...

Posted: Sep 12, 2025

7 Years of Double-Digit Growth; New Players on Top 25 E&S Insurers List

[no_auto_dropcap]2024 marked the 7th straight year of double-digit growth for the U.S. excess and surplus lines market, but the top 25 players no longer command 70 percent of the pie, according to a new report. AM Best’s latest report on &#8230...

Posted: Sep 11, 2025

America’s New EU Ambassador Vows to Fight Red Tape for US Companies

The US will defend American companies from digital and environmental regulations taking effect in the European Union that may unfairly target them, according to the new US ambassador to the EU. Concerns include the digital services and the digital ma...

Posted: Sep 11, 2025

How Europe Lost an Area the Size of Cyprus to Wildfires This Year

Patricia Lamela was driving back to the Galician town of Larouco in northwest Spain when she got the call. It was Aug. 13, just before 7 p.m., and a neighbor told her there was a fire in the forest. Lamela, …

Posted: Sep 11, 2025

New York Expands Drought Watch to 30 Counties

The New York State Department of Environmental Conservation announced a drought watch is being expanded by 30 counties, bringing the total to 50 counties under a watch across the state. Governor Kathy Hochul said the action was taken after consulting...

Posted: Sep 11, 2025

New York State Drought Watch Now in Effect in 50 Counties

The New York State Department of Environmental Conservation announced a drought watch is being expanded by 30 counties, bringing the total to 50 counties under a watch across the state. Governor Kathy Hochul said the action was taken after consulting...

Posted: Sep 11, 2025

Oklahoma Insurance Department to Host 3rd Annual Insurance Day

The Oklahoma Insurance Department announced it will host the third annual Oklahoma Insurance Day on Wednesday, Nov. 19, 2025, at the Sheraton Oklahoma City Downtown Hotel. This event aims to bring together key players in the insurance sector to discu...

Posted: Sep 11, 2025

Brotherhood Works Unveils Solutions Suite for Ministry Staff and Volunteers

Brotherhood Mutual Insurance Company, a provider of property and casualty insurance for Christian ministries, has launched a new brand – Brotherhood Works – to unify and expand the company’s suite of existing products and services designed to s...

Posted: Sep 11, 2025

Indiana Construction Company Fined for Alleged Lead Paint Renovation Violations

The U.S. Environmental Protection Agency (EPA) and the Department of Justice reached a $10,000 settlement with Homeworks Construction Inc. to resolve alleged lead paint renovation violations in South Bend, Indiana. EPA alleged that beginning in 2018,...

Posted: Sep 11, 2025

Rhode Island Requiring All School Buses to Have Video Systems

Rhode Island is on the road to requiring that all school buses have video systems to help monitor traffic violations and keep students, aides, and bus drivers safe. Governor Dan McKee ceremonially signed the legislation (S0568A/H5421Aaa) into law at...

Posted: Sep 11, 2025

US LNG Exporters Race to Tie Up Financing as Surplus Looms

US developers are racing to cash in on the nation’s natural-gas export boom while they still can. The massive US buildout of terminals that process and ship liquefied natural gas, or LNG, has transformed the nation into the world’s top &#...

Posted: Sep 11, 2025

US Treasury-Led Watchdog Dismantles Climate Advisory Panels

U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations. The Fina...

Posted: Sep 11, 2025

Senator Pushes FTC to Investigate Microsoft for ‘Gross Cybersecurity Negligence’

U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in a string of high-profile cybersecurity incidents in recent years, saying the company’...

Posted: Sep 11, 2025

AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B

An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first six months, the …

Posted: Sep 11, 2025

When Is Your Home Safe After Wildfire Smoke? LA Researchers Have Some Answers

At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle Schneider’s house. Surrounded by stacked plastic bins of books and clothes, they opened up the drawers of a squat wooden &#82...

Posted: Sep 11, 2025

Leddy Named New CEO at Tampa-Based Ryze Claims Solutions

Tampa-based Ryze Claim Solutions has named Walter Leddy chief executive officer, effective immediately. Leddy previously was CEO of U.S. field services for Davies, an adjusting and insurance services firm. Leddy, who holds a master’s in busines...

Posted: Sep 11, 2025

Pinnacol’s EverPeak Acquires Method Insurance, a Workers’ Comp MGA

Pinnacol Assurance subsidiary EverPeak Insurance has acquired Method Insurance, a workers’ compensation managing general agent based in Nashville. The move is in response to brokers who require a seamless solution for diverse client bases, and...

Posted: Sep 11, 2025

Georgia Judge to Toss Landmark Racketeering Charges Against ‘Cop City’ Protestors

ATLANTA (AP) — A Georgia judge on Tuesday said he will toss the racketeering charges against all 61 defendants accused of a yearslong conspiracy to halt the construction of a police and firefighter training facility that critics pejoratively call &#8...

Posted: Sep 11, 2025

French Lawmaker Asks Prosecutor to Probe TikTok for ‘Endangering the Lives’ of Users

The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives”...

Posted: Sep 11, 2025

Duffy Acquires Sartori Agency of Massachusetts

Duffy Insurance Agencies in Lynn, Massachusetts announced it has acquired the Sartori Insurance, a family-run agency that has served the Lexington, Massachusetts community for more than 50 years. The Sartori team will continue to operate from the age...

Posted: Sep 11, 2025

Two High-Profile Personal injury Law Firms Sue… Each Other

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

Two High-Profile Personal Injury Law Firms Sue… Each Other

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

Scientists Link Major Carbon Emitters to Worsening Heat Waves

One quarter of more than 200 heat waves that occurred worldwide this century may have been impossible without human-induced global warming. Emissions from the world’s largest fossil fuel and cement companies played a significant role in worseni...

Posted: Sep 11, 2025

Markets/Coverages: Howden’s MGA DUAL Launches Cargo Insurance in Europe

DUAL Europe, the managing general agent and unit of insurance intermediary Howden, announced the launch of its cargo insurance business, effective from Sept. 1, 2025. This marks a strategic expansion of DUAL Europe’s marine proposition, followi...

Posted: Sep 11, 2025