Insurance Journal

Man Charged With Arson Over Fires That Damaged 11 NY Police Vehicles

A man with a history of arrests at pro-Palestinian protests was charged Monday with setting fire to 11 New York City police vehicles last month. Jakhi McCray, 21, of Brooklyn pleaded not guilty to arson in U.S. District Court. A …

Posted: Jul 23, 2025

Ex-NYPD Commissioner Targets Mayor Adams in $10 Million Defamation Claim

New York City’s former interim police commissioner has filed a $10 million defamation claim against Mayor Eric Adams for reportedly suggesting he was mentally unfit for the job of top cop. The filing comes less than a week after the …

Posted: Jul 23, 2025

Specialize in Restaurant Risk Management: Risk & Insurance Education Alliance Launches New RiskPRO C...

Austin, TX., July 23, 2025 — The Risk & Insurance Education Alliance is proud to announce the launch of the Restaurant RiskPRO Certification, the latest specialized program in its innovative RiskPRO Certification Series. Designed specifical...

Posted: Jul 23, 2025

NTSB Blames Cellphone Distraction for Mississippi River Barge Collision

A tow pilot’s distraction caused by personal cellphone use resulted in a collision last year with moored barges on the lower Mississippi River, the National Transportation Safety Board said last week. The towing vessel William B Klunk was pushi...

Posted: Jul 23, 2025

World Court Is Poised to Mark Future Course of Climate Litigation

The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges of the International Court...

Posted: Jul 23, 2025

Texas Senate Doubles Down on THC Ban

The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. &#8...

Posted: Jul 23, 2025

Big I: Independent Agencies’ Market Share Shows Small Decline

The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Mar...

Posted: Jul 23, 2025

Italy’s Top Court Says Climate Case Against Eni Can Continue

A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two orga...

Posted: Jul 23, 2025

AI Should Run on 100% Renewable Energy by 2030, UN Chief Says

Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York...

Posted: Jul 23, 2025

‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors

The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Execu...

Posted: Jul 23, 2025

11th Circuit Upholds $1.75M Verdict Against Church Mutual on Georgia Roof Claim

Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After t...

Posted: Jul 23, 2025

People Moves: Wolfenberger Joins Alliant as VP in California

Steve Wolfenberger joined Alliant Insurance Services, headquartered in Irvine, California, as vice president within its employee benefits group. Based in California, Wolfenberger focuses on delivering customized benefits strategies for mid-sized empl...

Posted: Jul 23, 2025

Heffernan Insurance Brokers Acquires Pac Global Insurance Brokerage, Inc.

Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on A...

Posted: Jul 23, 2025

New Hampshire Gunmaker Immunity Law Could Factor Into Sig Sauer Lawsuit

A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …

Posted: Jul 23, 2025

Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and...

Posted: Jul 23, 2025

8th Circuit Upholds Verdict Against Nebraska Trucking Company in ADA Violation Case

The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged...

Posted: Jul 22, 2025

Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …

Posted: Jul 22, 2025

Lawsuit Says Clorox Hackers Got Passwords Simply by Asking

Bleach maker Clorox said Tuesday it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company’s staff for employees’ passwo...

Posted: Jul 22, 2025

Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance B...

Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian in...

Posted: Jul 22, 2025

Arizona Governor Tours Wildfire Destruction Along Grand Canyon’s North Rim

Democratic Gov. Katie Hobbs toured the destruction left by a wildfire along the Grand Canyon’s North Rim, on Saturday, surveying what she described as devastating damage. The governor, who has called for an investigation into how the blaze was...

Posted: Jul 22, 2025

Attempts to Reform Litigation Funding Disclosure Continue on the Hill

Changes to the taxes paid by litigation investors did not make it in the final version of the expansive One Big Beautiful Bill, but the issue of third-party litigating funding continues to have the attention of at least some lawmakers …

Posted: Jul 22, 2025

NC Expands FORTIFIED Roof Grant Program With Another $20 Million

North Carolina’s residual property insurance association is expanding its roof-grant program by $20 million, offering $6,000 to policyholders who upgrade their roofs to the more wind-resistant FORTIFIED standard. “In May, we launched the...

Posted: Jul 22, 2025

European Heat Wave Gives Way to Violent Storms and Flooding

Severe storms are triggering flooding in parts of Europe following weeks of extreme heat, while temperatures on the Italian island of Sicily climb to 44C (111F). A powerful low-pressure system delivered heavy precipitation as it moved east into centr...

Posted: Jul 22, 2025

Prior Knowledge Ends Filmmaker Baldoni’s Coverage for Harassment Claims: Insurer

The insurer for the actor Justin Baldoni and other executives at his movie studio Wayfarer says its policy does not cover actress Blake Lively’s allegations of sexual harassment during the filming of the movie “It Ends With Us.” Way...

Posted: Jul 22, 2025

Microsoft Rushes to Stop Hackers From Wreaking Global Havoc

Hackers exploited a security flaw in common Microsoft Corp. software to breach governments, businesses and other organizations across the globe and steal sensitive information, according to officials and cybersecurity researchers. Microsoft over the...

Posted: Jul 22, 2025