Insurance Journal
A California city has filed a civil lawsuit against a former police officer who went skiing and attended a music festival while collecting workers’ compensation. Westminster filed the suit against a former police officer who was charged with 15...
Posted: Jul 31, 2025
A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her own death, lawyers for those who served her wine told a Connecticut court this week. The estate of Nicole Silva …
Posted: Jul 31, 2025
Ames & Gough, headquartered in Washington, D.C., appointed equity partners Allison Barefoot and Marguerite Parent as senior vice presidents. Appointed an equity partner of Ames & Gough in 2023, Barefoot, who is based in the Washington D.C. of...
Posted: Jul 31, 2025
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said...
Posted: Jul 31, 2025
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said...
Posted: Jul 31, 2025
Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year reflects an after tax gain of $643 million …
Posted: Jul 30, 2025
Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion. Verisk said in a July 30 announcement that bo...
Posted: Jul 30, 2025
Cotality estimates that the recent Central Texas flash floods caused $1.1 billion in damage to residential buildings, with the National Flood Insurance Program providing as much as $135 million in insurance recoveries to home and business owners acro...
Posted: Jul 30, 2025
This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these new hires follows here. Liberty Specialty Hires Nelson, Ciraci and Prout to Boost Renewables Offering Liberty Specialt...
Posted: Jul 30, 2025
Two Georgia men, denied bond, are in jail awaiting court action after they were charged with possessing a large amount of homemade explosive devices. The Georgia Office of Insurance Commissioner and State Fire Marshal’s Office, along with the F...
Posted: Jul 30, 2025
South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a 20 billion-rand ($1.1 billion) buffer to safeguard its finances in the event of anticipated futu...
Posted: Jul 30, 2025
A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, and was followed by an eruption of the most active volcano on the peninsula. Th...
Posted: Jul 30, 2025
Brown & Brown (BRO.N) posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull...
Posted: Jul 30, 2025
Prolonged wind events that unleash heavy rainfall and travel far distances sometimes qualify as derechos. Derechos can happen almost anywhere in the United States but are most common in the central and eastern regions of the country. Winds typically...
Posted: Jul 30, 2025
Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. Palo Alto will pay CyberArk investors $45 per share and 2.2005 shares of Palo Alto stock, according...
Posted: Jul 30, 2025
The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking to exploit flaws in Microsoft Corp.’s SharePoint software. “Attackers did at...
Posted: Jul 30, 2025
Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity for the first half of the year is down 8% compared to last year, according to investment banking and financial …
Posted: Jul 30, 2025
India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. Th...
Posted: Jul 30, 2025
The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s residual market for auto in...
Posted: Jul 30, 2025
This post is part of a series sponsored by EZLynx. Summer is a notoriously busy season for insurance renewals, especially for personal lines like auto and homeowners’ insurance. For independent agents, this time of year often means juggling a f...
Posted: Jul 30, 2025
Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm nears China’s financial hub, bringing strong winds and heavy rainfall that threatens flash flooding. Storm Co-may — known locally as Zhu Jie Cao — is expected...
Posted: Jul 30, 2025
Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm crossed China’s financial hub, bringing strong winds and heavy rainfall that threatens flash flooding. Storm Co-may — known locally as Zhu Jie Cao — made land...
Posted: Jul 30, 2025
Bridgepoint Group Plc agreed to acquire a majority stake in German insurance broker Hanseatic Broking Center GmbH from Preservation Capital Partners. The transaction sees Bridgepoint partner with HBC’s management team and founders, who will rem...
Posted: Jul 30, 2025
Alphabet’s GOOGL.O Waymo said on Monday it will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its U.S. expansion as electric vehicle maker Tesla TSLA.O pushes to grow its recently launched robotaxi business. After...
Posted: Jul 30, 2025
Part of the roof and front facade of a Family Dollar store in Kansas City, Missouri, collapsed Sunday, killing a 68-year-old man and seriously injuring a 50-year-old woman, authorities said. The building’s partial collapse occurred about 2:45 p...
Posted: Jul 30, 2025