Insurance Journal

Markets/Coverages: IQUW Re Bermuda Adds Mortgage, Credit, Cyber to Product Suite

IQUW Re Bermuda, announced plans to expand its predominantly property cat reinsurance product suite with the additions of mortgage, credit, and cyber reinsurance to its portfolio. This continued product expansion comes at a time of significant develo...

Posted: Sep 10, 2025

Insurance Firm Definity Financial Readies C$1 Billion Debt Sale

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter. The senior notes will be sold in …

Posted: Sep 10, 2025

Chinese Hackers Impersonated Republican Lawmaker, Panel Says

Suspected cyber attackers linked to the Chinese Communist Party impersonated the Republican chair of the House Select Committee on China in a series of attempts to steal sensitive data on trade negotiations, the panel said. Hackers masquerading as Re...

Posted: Sep 10, 2025

Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera

Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigato...

Posted: Sep 10, 2025

Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme. Insurance Agent Next?

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples ar...

Posted: Sep 10, 2025

Insurance Agent Next After Florida Farm Manager Pleads in ‘Insurance Farming’ Scheme?

In a wide-ranging scheme that prosecutors are calling “insurance farming,” a former manager for one of the larger agricultural operations in Florida is now awaiting a sentencing hearing in December. Christopher Lee, 49, from the Naples ar...

Posted: Sep 10, 2025

Alex Jones Takes $1 Billion Sandy Hook Judgment to Supreme Court

Right-wing conspiracy theorist Alex Jones is asking the US Supreme Court to review a Connecticut court’s nearly $1.4 billion judgment against him and Infowars stemming from his false claims that the Sandy Hook Elementary School massacre was a h...

Posted: Sep 10, 2025

Employers Have Used E-Verify for Years. ICE’s Arrest of Maine Officer Raises New Questions

The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can...

Posted: Sep 10, 2025

E-Verify Has Been Used for Years but ICE Arrest of Maine Officer Raises Questions

The case of a Maine police officer arrested by immigration authorities even though he was vetted by a government system called “E-Verify” has raised questions about what employers can do to make sure they’re employing people who can...

Posted: Sep 10, 2025

EU Opens Talks on Carbon Credits to Win Deal on Key Climate Goal

European Union nations will discuss potential changes to the role of imported carbon credits in the next decade in a drive for a rapid deal on the bloc’s landmark 2040 climate goal. Denmark, which holds the EU’s rotating presidency, signa...

Posted: Sep 09, 2025

Mexico Seeks to Impose Tariffs on Auto, Manufacturing Imports

Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion...

Posted: Sep 09, 2025

Santa Monica Weighs Fiscal Distress Vote Amid Sex Abuse Settlements

Santa Monica, California officials are voting on whether to adopt a resolution declaring fiscal distress, as mounting sexual abuse settlements have destabilized the city’s finances, echoing strains that have already pushed other local governmen...

Posted: Sep 09, 2025

Former California Insurance Commissioner Carries on Climate Change Crusade

When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance …

Posted: Sep 09, 2025

NTSB: Steering Control System Failure Led to Collision in Houston Ship Channel

A steering control system component failure on a multi-purpose carrier resulted in a collision with a bulk carrier in the Houston Ship Channel in 2023, causing more than $1 million in damage, the National Transportation Safety Board said in an &#8230...

Posted: Sep 09, 2025

Texas Governor to Issue Order Implementing Age Restrictions on THC Products

Gov. Greg Abbott will soon issue an executive order to regulate THC and set a minimum age of 21 to purchase those products in Texas, according to three people who spoke with the governor’s office. The Legislature’s second special session...

Posted: Sep 09, 2025

BCU Risk Advisors Launches Dedicated Family Office Practice

BCU Risk Advisors, a boutique personal insurance consulting firm specializing in high-net-worth individuals and families, announced the launch of its family office practice, a dedicated platform that builds on nearly two decades of experience serving...

Posted: Sep 09, 2025

Nebraska Town Increases Fines on Dairy Plant for Wastewater Violations

Michael’s Cantina has been serving Tex-Mex food to the residents here for more than 30 years. Softball trophies crowd the top of a dresser in a dining room, old signs line the walls and regulars visit multiple times a week. …

Posted: Sep 09, 2025

Court Rejects Trump’s Appeal of Carroll’s $83.3M Defamation Award Over Sexual Assault

The Second U.S. Circuit Court of Appeals has rejected President Donald Trump’s appeal of a $83.3 million award that a federal civil jury found he must pay to former advice columnist E. Jean Carroll for repeated defamatory remarks Trump made &#8...

Posted: Sep 09, 2025

US Electric Car Uptake Will Slow Further on Trump Policies

Already sluggish adoption of electric vehicles in the US will slow even further after a $7,500 tax credit for EV buyers expires later this month. Battery-powered cars will account for half of US auto sales in 2039, five years later …

Posted: Sep 09, 2025

Construction Delays, Litigation Can Follow Hurricanes: A Guide for Property Owners

When a hurricane tears through a community, the damage left behind can feel overwhelming. For property owners, the priority is to get repairs done quickly so that life and business can return to normal. But too often, homeowners and business …

Posted: Sep 09, 2025

Colorado Jury Says Liability Waiver Doesn’t Shield Vail From $21M Ski Lift Fall Verdict

A $21 million jury verdict against Vail Resorts for a paralyzing ski lift fall shows that liability waivers — those documents often written in legalese that people must sign before taking part in an activity— aren’t ironclad legal protection fo...

Posted: Sep 09, 2025

People: ICW Group Names DeViere VP and Head of Distribution and Marketing

ICW Group Insurance Companies announced it has named its longtime workers’ compensation underwriting chief as vice president and head of distribution and marketing as the group expands into excess and surplus lines. Rob deViere will be based ou...

Posted: Sep 09, 2025

UConn Law Launches Graduate Certificate in Insurance Law

The University of Connecticut School of Law is launching a new Graduate Certificate in Insurance Law for legal and insurance professionals seeking advanced knowledge in one of Connecticut’s most vital sectors. Enrollment is now open for the Spr...

Posted: Sep 09, 2025

Florida Plan to Drop School Vaccine Rule is Limited, Won’t Start for 90 Days

Florida’s plan to drop school vaccine mandates likely won’t take effect for 90 days and would include only chickenpox and a few other illnesses unless lawmakers decide to extend it to other diseases, like polio and measles, the health dep...

Posted: Sep 09, 2025

Florida Plan to Drop School Vaccine Rule Is Limited, Won’t Start for 90 Days

Florida’s plan to drop school vaccine mandates likely won’t take effect for 90 days and would include only chickenpox and a few other illnesses unless lawmakers decide to extend it to other diseases, like polio and measles, the health dep...

Posted: Sep 09, 2025