Insurance Journal

Telecom Outage Halted Arriving Flights at Newark Airport, FAA Says

A telecom frequency outage prompted the Federal Aviation Administration Thursday to halt arriving flights at Newark Liberty International Airport for more than an hour, the latest tech issue to snarl flights at the airport near New York City. Flightr...

Posted: Aug 28, 2025

People Moves: Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer;...

This edition of International People Moves details appointments at the brokers Guy Carpenter and Aon. A summary of these new hires follows here. Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer Guy Carpen...

Posted: Aug 28, 2025

Former Alfa Agent in Georgia Pleads Guilty to Misusing Premium Payments

A fomer Alfa insurance agent in Georgia pleaded guilty Wednesday to using more than $200,000 from one policyholder to cover other expenses, including the premium payments for other insureds. Jeremy Lasseter, of Warner Robins, Georgia, near Macon, was...

Posted: Aug 28, 2025

Peloton Must Face Shareholder Lawsuit Over Post-Pandemic Outlook

Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed, a divided federal appeals court ruled on Wednesday. Reversing a lower...

Posted: Aug 28, 2025

Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues

Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Aug. 27. The recall affects certain Ford 2025-2026 models – F-550 SD, &#823...

Posted: Aug 28, 2025

Wildfire Burning in Central California Forest Area Is Latest Blaze of Concern

A fast-growing wildfire burning in central California’s Sierra National Forest in Fresno County in a remote area is the latest blaze of concern for firefighters. The Garnet Fire has burned more than 13,900 acres and is 0% contained, according t...

Posted: Aug 28, 2025

DeSantis Unleashes ‘Florida DOGE’ in Quest to Kill Property Taxes

Ron DeSantis is seeking to complete his project of remaking Florida into a conservative paradise with perhaps his riskiest wager yet: a campaign to largely wipe out property taxes. In his nearly seven years in office, the governor has ushered …

Posted: Aug 28, 2025

TransUnion Says 4.4 Million Consumers’ Data Compromised in Hack

Credit bureau TransUnion said Thursday that more than 4 million people’s data was exposed in a recent hack involving an unidentified third party. In a letter dated earlier this week and posted to the website of Maine’s attorney general, t...

Posted: Aug 28, 2025

Human Screwworm Case Poses No Risk to Agriculture, Says USDA Official

The human case of screwworm reported this week by U.S. health officials is the country’s only one so far this year and poses no risk to the farm sector, a U.S. Department of Agriculture official said on Tuesday. Screwworm, a …

Posted: Aug 28, 2025

Judge to Approve Syracuse Diocese’s $176M Bankruptcy Plan

The Catholic Diocese of Syracuse reports that the federal judge overseeing its bankruptcy proceedings has indicated she will approve the latest reorganization plan with a $176 million fund to pay sexual abuse claimants. The fund will include $100 mil...

Posted: Aug 28, 2025

Wife Sues Hospital Over Husband’s Death From Legionnaires’ Disease

The wife of a man who died from Legionnaires’ disease has filed a wrongful death and negligence suit against the Massachusetts hospital where he was a patient when he contracted the disease and the company responsible for the hospital’s w...

Posted: Aug 28, 2025

Hurricane Remnants Threaten Swiss Alps With Floods, Landslides

The remnants of Hurricane Erin will contribute to torrential rain across the Swiss Alps over the next two days, raising the risk of dangerous flooding and landslides. Switzerland’s state forecaster has issued the highest red alerts for parts of...

Posted: Aug 28, 2025

South Korea Agency Fines SK Telecom $97 Million Over Major Data Leak

South Korea’s SK Telecom was fined on Thursday about 134 billion won ($96.53 million) after the country’s largest mobile carrier suffered a cyberattack this year causing the leak of data for nearly 27 million users. The government-run Per...

Posted: Aug 28, 2025

Anthropic Thwarts Hacker Attempts to Misuse Claude AI for Cybercrime

Anthropic said on Wednesday it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters. The company’s findings, published in a report, highlight gr...

Posted: Aug 28, 2025

Viewpoint: Why Reinsurance Industry Often Struggles to Manage Market Cycles

“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance industry over the past two years, and you will struggle to find anyone in the market who would disagree with that idea. The re...

Posted: Aug 28, 2025

Cyber Outlook Report Finds Gaps, Outlines Holistic Approach to Protections

As the cyber market matures, it’s increasingly evident that fighting off cyberattacks is going to be an ongoing team effort. Brokers, carriers, cybersecurity organizations and insureds all play a role, from security to training to assessing ade...

Posted: Aug 28, 2025

WV Commissioner Wants Input on What Coverages Should Be on Surplus Lines List

The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of coverage that …

Posted: Aug 28, 2025

Katrina 2005-2025: Lessons Learned

Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died &...

Posted: Aug 28, 2025

Katrina 2005-2025: Property Policy Evolution

Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died &...

Posted: Aug 28, 2025

Trump Delays Mercury Pollution Rule, Helps Texas Coal Plants

For Donna Thomas, smokestacks are a typical sight from her home in Fort Bend County. Since she was a child, she has seen the coal and natural gas-powered W.A. Parish Generating Station puff clouds of haze during the day and …

Posted: Aug 28, 2025

Highstreet Joins Cornhuskers in Three-Year Food Bank Partnership

Highstreet Insurance & Financial Services has announced a three-year partnership with the University of Nebraska that supports the school’s football, volleyball and basketball teams. The full-service independent insurance agency has offices...

Posted: Aug 28, 2025

Lottery for Louisiana Fortify Homes Program Grants Opening in State’s Coastal Zone

Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Tuesday, Sept. 2, and close at 5 p.m. on Friday, Sept. 12. According to a press release, 500 grants are available in …

Posted: Aug 28, 2025

Lottery for Louisiana Fortify Homes Program Grants Opening in Coastal Zone

Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Tuesday, Sept. 2, and close at 5 p.m. on Friday, Sept. 12. According to a press release, 500 grants are available in …

Posted: Aug 28, 2025

Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying A Legal Grey Zone

The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the state—particularly in high-risk zones—surplus lines insurers are increasingly stepping in to write residential p...

Posted: Aug 28, 2025

Man Staged Theft of His Own Vehicle for Insurance Money

A New York man admitted he staged the theft of his own car in order to collect on his insurance funds Jonathan D. Martinelli pled guilty in May to a charge of third-degree insurance fraud in Union County Superior Court …

Posted: Aug 28, 2025