Insurance Journal

Jury Awards $667K to Muslim Men Pepper-Sprayed by Missouri Prison Guards

A federal jury on Monday awarded $667,000 in damages to a group of Muslim men incarcerated in Missouri who were pepper-sprayed by state correctional officers while praying. The lawsuit in eastern Missouri’s U.S. District Court alleged that the...

Posted: Mar 12, 2026

ExxonMobil Set to Move to Texas In Search of Business Friendly Environment

ExxonMobil is poised to move its legal headquarters from New Jersey to Texas in search of a more friendly business environment, the company announced Tuesday morning. The board of directors for the largest U.S.-based oil producing company, which alre...

Posted: Mar 12, 2026

Costco Customers Sue for Share of Refunds From Trump Tariffs

Costco Wholesale was sued on Wednesday in a proposed nationwide class action seeking U.S. customer refunds for higher prices charged by the company before the U.S. Supreme Court struck down import tariffs imposed by President Donald Trump. The lawsui...

Posted: Mar 12, 2026

People Moves: Iyer to Lead Chubb’s Global Operations, Technology

Chubb Limited appointed Seshadri (Sesh) Iyer executive vice president, Chubb Group, operations, technology and digital transformation, effective April 6. He succeeds Julie Dillman, who is retiring on April 2 after nearly a decade at Chubb. Iyer joins...

Posted: Mar 12, 2026

Extreme Heat Is Making Life Increasingly Unlivable

The number of days where extreme heat makes it too dangerously hot to walk the dog, sweep the porch and engage in other ordinary pursuits has doubled around the world over the past 75 years, according to new research. Scientists …

Posted: Mar 12, 2026

Florida Bill Passes, Easing Agency Customer Reps’ Education Requirements

Florida lawmakers, with no dissenting votes, have approved a measure that would let insurance agencies’ customer service representatives bypass licensing classes if they have taken insurance courses in high school. House Bill 1343, co-sponsored...

Posted: Mar 12, 2026

Once A Beacon of Cheap Homes, Nevada Is A Symbol of The Struggle With High Costs

When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …

Posted: Mar 12, 2026

Once a Beacon of Cheap Homes, Nevada Is a Symbol of the Struggle With High Costs

When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …

Posted: Mar 12, 2026

Vouch in California Adds Financial, Health & Life Sciences and Professional Services

Vouch is expanding its brokerage services into financial services, health & life sciences and professional services. The San Francisco, California-based company is extending its capabilities to verticals with similar risk patterns it already serv...

Posted: Mar 12, 2026

Judge Upholds New York Workers’ Comp Board Ban Against Spinal Surgeon

A New York orthopedic spinal surgeon has been denied reauthorization to treat workers’ compensation patients in the state. A Supreme Court judge in Schenectady County has upheld a bar against Dr. Joseph Weinstein that was ordered by the New Yor...

Posted: Mar 12, 2026

Stryker Remains Offline After Cyberattack Linked to Iran Group

Medical technology maker Stryker Corp., hit by a crippling cyberattack linked to a pro-Iran group, is still investigating the breach and doesn’t know when its systems will be back online. The company said in a regulatory filing Wednesday aftern...

Posted: Mar 12, 2026

Millionaire Tax Advances in Washington State as Legal Duel Looms

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight over a nearly century-old legal ruling. The state’s Democratic-controlled House of Representati...

Posted: Mar 12, 2026

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday. The U.S.-Israeli c...

Posted: Mar 11, 2026

Relation Acquires Rummel Associates

Relation Insurance Services acquired the assets of Rummel Associates, Inc. The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed. Specializing in both commercial and personal insurance, Rummel is based in C...

Posted: Mar 11, 2026

NTSB to Hold Hearing on Two Fatal Ford Crashes Involving Driver Assistance

The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor’s hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 model...

Posted: Mar 11, 2026

Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing

A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping lanes. Three people are missin...

Posted: Mar 11, 2026

Record March Heat to Scorch Los Angeles, US Southwest

An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98...

Posted: Mar 11, 2026

UK Watchdog Fines Aviva Unit $14 Million Over Solvency Miscalculation

Britain’s banking stability watchdog has fined U K Insurance Ltd., now part of Aviva, 10.6 million pounds ($14.2 million) over a miscalculation in its Solvency II balance sheet for 2023 and 2024. The Prudential Regulation Authority (PRA), part...

Posted: Mar 11, 2026

UBS Urges US Judge to Curb Liability for Nazi-Linked Crimes

UBS urged a U.S. judge on Tuesday to shield it from new Holocaust-related litigation arising from an investigation of the former Credit Suisse’s activities during World War II. A lawyer for UBS asked U.S. District Judge Edward Korman in Brookly...

Posted: Mar 11, 2026

Coast Guard and First Responders Battle Fire on Scrap Metal Barge in Delaware Bay

Multiple government agencies and the U.S. Coast Guard have been responding to a barge fire in the Delaware Bay since 8:20 a..m. yesterday. The barge is carrying salvage metal and has been moved to shallow water where it can be …

Posted: Mar 11, 2026

CRC Group CEO on Casualty: ‘It’s More About the Coverage’

Data, said CRC Group CEO Dave Obenauer, is a more critical part of insurance than ever, with artificial intelligence leading to greater client coverage outcomes. Speaking recently at Zywave’s Casualty Insights Conference in New York, Obenauer s...

Posted: Mar 11, 2026

CRC Group CEO on Casualty: ‘It’s More About the Coverage’ Than Price

Data, said CRC Group CEO Dave Obenauer, is a more critical part of insurance than ever, with artificial intelligence leading to greater client coverage outcomes. Speaking recently at Zywave’s Casualty Insights Conference in New York, Obenauer s...

Posted: Mar 11, 2026

Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub

If all goes according to plan for the nation’s second-largest sovereign wealth fund, a barren stretch of desert in Albuquerque’s plains will soon become a research center where scientists replicate nuclear fusion — the process that powers...

Posted: Mar 11, 2026

Alabama Dentist Sentenced After Blowing Up His Office to Gain Insurance Payout

Almost one year ago, an Alabama dentist was captured on surveillance video setting fire to his dental office in Evergreen, triggering an explosion that destroyed the building and slightly injured the dentist. Last week, Dr. Douglas P. O’Connor...

Posted: Mar 11, 2026

Virginia Boater Files Class Action Against DC Utility for Potomac River Sewage Spill

A Virginia boater is suing a Washington water utility for negligence in the collapse of a pipe that leaked millions of gallons of raw sewage into the Potomac River. The class action lawsuit filed Friday in U.S. District Court in …

Posted: Mar 11, 2026