Insurance Journal
A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
Posted: Sep 08, 2025
A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
Posted: Sep 08, 2025
Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145 million of which was used to...
Posted: Sep 08, 2025
Everest Insurance, the insurance division of Everest Group, recently announced the launch of EverBuild, an enhanced Builder’s Risk coverage form. EverBuild underscores the company’s long-standing commitment to supporting the construction...
Posted: Sep 08, 2025
A federal bankruptcy judge on Friday signed off on a $246 million fund to pay abuse claims as part of the Catholic Diocese of Rochester’s Chapter 11 reorganization plan to emerge from bankruptcy. Having witnessed six years of bankruptcy proceed...
Posted: Sep 08, 2025
Ames & Gough, headquartered in McLean, Virginia, appointed Lauren Martin and Jessie Witherow as vice presidents and of Nicole Gonzalez and Katie O’Brien as assistant vice presidents. All four executives are based in the firm’s Washing...
Posted: Sep 08, 2025
A softer reinsurance market will prevail during the Jan. 1 reinsurance renewals. The only question is how much more softening will happen and how fast, leaders of Guy Carpenter said during a recent media briefing. Laurent Rousseau, Guy Carpenter̵...
Posted: Sep 08, 2025
New York Attorney General Letitia James announced a resolution of her office’s lawsuit to protect Buffalo children and families from lead poisoning in their homes. An agreement filed Friday in Erie County Supreme Court settles the lawsuit and r...
Posted: Sep 08, 2025
Alphabet’s Google was hit with a 2.95-billion-euro ($3.45 billion) European Union antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction that riled up U.S. President Donald Trump. The fine, th...
Posted: Sep 08, 2025
A judge has dismissed a lawsuit against Detroit police in the wrongful arrest of a pregnant woman who was charged in a carjacking partly because of facial recognition technology. Porcha Woodruff, who was eight months pregnant, spent 10 hours in ̷...
Posted: Sep 08, 2025
The California Insurance Commissioner’s Conservation and Liquidation Office (CLO), as Conservator of California Insurance Company (CIC), is seeking an Independent Consultant to assist the Conservator in performing Section 2.6 and Schedule 2.6 o...
Posted: Sep 08, 2025
As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to access. The reinsurance industry, which exists to help primary insurers cope with losses when disaster hits, has taken sig...
Posted: Sep 08, 2025
In the days and weeks following the death of his 9-year-old daughter, Lila, at Camp Mystic in the Texas Hill Country, Blake Bonner found himself wondering whether the tragedy was simply an unstoppable act of God, or if something could …
Posted: Sep 08, 2025
Two members of the Marquette men’s lacrosse team were killed in a car wreck Friday night near the school’s campus in downtown Milwaukee. Marquette officials confirmed that Scott Michaud and Noah Snyder died in the crash. A Mass was held &...
Posted: Sep 08, 2025
Sound risk management, strategic use of technology and a maturing partnership with alternative capital have subdued the cyclical nature of the reinsurance market. To achieve or reach beyond the cost of capital, reinsurers must balance short-term oppo...
Posted: Sep 08, 2025
President Donald Trump’s administration abandoned on Friday the U.S. government’s legal defense of a rule adopted under former President Joe Biden that had banned agreements commonly signed by workers not to join rivals of their employers...
Posted: Sep 08, 2025
A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency deprives policyholders of their constitutional rights when reviewing claims disputes against Citizens Property Insurance...
Posted: Sep 08, 2025
A federal judge agreed to dismiss a lawsuit brought by a 92-year-old Miami homeowner claiming that a state-run arbitration agency deprives policyholders of their constitutional rights when reviewing claims disputes against Citizens Property Insurance...
Posted: Sep 08, 2025
Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion to settle a class-action lawsuit from a group of authors who accused the artificial intelligence company of using their books to train its …
Posted: Sep 08, 2025
The California Labor Commissioner’s Office cited J BBQ, a Koreatown restaurant, more than $680,000 for wage theft violations. A total of 48 workers were impacted by the violations, which included unpaid wages, denied breaks, and inaccurate wage...
Posted: Sep 08, 2025
An attorney advocated for allowing opioid settlement money to be spent on public defenders. A prevention expert talked about effective strategies for deterring substance misuse in the first place, cautioning against one-time speakers at assemblies. M...
Posted: Sep 08, 2025
Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty. That will lead to decelerating growth in insurance premiums. According to Swiss Re, global GDP growth (adjusted for inflation) is expected to slow to...
Posted: Sep 07, 2025
Welcome to the next generation of insurance. Our industry stands on the cusp of an exhilarating technological revolution, primarily driven by artificial intelligence. Embracing next-generation technology is no longer a choice but a necessity for succ...
Posted: Sep 07, 2025
Attention spans are shrinking across every industry, and insurance faces a unique challenge: explaining complex products in an age of instant gratification. When potential customers abandon your presentations after one slide or skip your comprehensiv...
Posted: Sep 07, 2025
While the risks in a high- severity industry may seem apparent, it is the small details that can lead to the most disastrous losses when they are overlooked. For brokers serving high-severity niches, recognizing and addressing the easily overlooked r...
Posted: Sep 07, 2025