Insurance Journal
Jeanette Ward, president and CEO of Texas Mutual Insurance Company, has been elected as one of the insurer members on the National Council on Compensation Insurance 2025 Board of Directors. NCCI provides a comprehensive source for workers’ comp...
Posted: Jul 21, 2025
Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s quest to broaden his reach in the sector. The 50-50 venture combines Jio’s local digital footprin...
Posted: Jul 21, 2025
New analysis indicates there were 1,732 publicly reported U.S. data compromises in the first half of 2025—5% ahead of 2024’s pace, according to the Identity Theft Resource Center (ITRC). However, the number of victim notices in H1 2025 (165,745...
Posted: Jul 21, 2025
A small East Texas community is in the final stages of installing a state-of-the-art disaster warning system officials have been working toward for years. Six new sirens will be placed strategically throughout the city of Crockett, about two hours no...
Posted: Jul 21, 2025
Jordan Russell was sworn in recently for his third appointment as Commissioner of the Oklahoma Workers‘ Compensation Commission (OWCC) and as Chair of the Commission. Russell is the longest-serving Commissioner, being first appointed by former...
Posted: Jul 21, 2025
Jordan Russell was sworn in recently for his third appointment as Commissioner of the Oklahoma Workers‘ Compensation Commission (OWCC) and as Chair of the Commission. Russell is the longest-serving Commissioner, being first appointed by former...
Posted: Jul 21, 2025
A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement can represent writers nationwide whose books Anthropic allegedly pirated to train its AI system. U.S. District...
Posted: Jul 21, 2025
While authorities were desperately trying to save people from the deadly Fourth of July floods in Kerr County, Texas, a private drone collided with a search and rescue helicopter and forced it to make an emergency landing, one of the …
Posted: Jul 21, 2025
If wind mitigation and stronger homes are the path to reducing insurance claims and bringing down insurance premiums in hurricane-prone areas, as a growing number of industry experts believe, then homeowners, builders and insurers may want to take a...
Posted: Jul 21, 2025
A federal judge on Friday dismissed U.S. President Donald Trump’s nearly $50 million lawsuit against the journalist Bob Woodward for publishing tapes from interviews for his 2020 best-seller “Rage” as an audiobook. The decision by U...
Posted: Jul 21, 2025
Betty Wehmann joined Alliant Insurance Services as senior vice president within its employee benefits group. She is based in Northern California and has experience in delivering benefits services that support recruitment, retention and long-term cost...
Posted: Jul 21, 2025
A man who was pulled into an MRI machine in New York after he walked into the room wearing a large weight-training chain around his neck has died, according to police and his wife, who told a local television outlet …
Posted: Jul 21, 2025
Los Angeles County is looking for ways to make landlords keep rental units cooler. The Los Angeles County Board of Supervisors last week held an initial hearing on an ordinance to require rental units to maintain indoor temperatures at or …
Posted: Jul 21, 2025
Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle to look at the insurance industry’s use of AI and to get recommendations on policy development, oversight and consumer...
Posted: Jul 20, 2025
By Mingson Lau Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated...
Posted: Jul 20, 2025
Two more property insurers put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference and ...
Posted: Jul 20, 2025
The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency of cyber threats for busines...
Posted: Jul 20, 2025
As of press time, Texas and the world are watching yet another unprecedented natural catastrophe unfold. More than 100 lives have been lost [edited to included updated number] in this one event and billions of dollars in property have been …
Posted: Jul 20, 2025
We get many calls about valuing small books of business and if it is worth it to do a valuation. The seller may know what he/she wants, and the buyer may not want to spend a lot of money and …
Posted: Jul 20, 2025
On March 14, 2024, I made a blog post titled “Do You Have The Right Kind of Insurance?” The article was initiated by an email I received through my website from a professional photographer who claimed that one of his …
Posted: Jul 20, 2025
In recent years, there has been a surge in mental health awareness across the workers’ compensation landscape. These claims have become a higher priority for insurers, with an estimated one-in-five adults (51.5 million) living with mental illne...
Posted: Jul 20, 2025
Independent agents could be turning away nearly half of their prospective clients. The years of independent agents chasing “standard and preferred” home and auto risks are quickly coming to an end. As the risk landscape evolves, the tradi...
Posted: Jul 20, 2025
According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6% compared to 4.9% during the first quarter. Dallas-based MarketScout, a division of Novatae Risk Group, said high-net-wor...
Posted: Jul 20, 2025
By Susanne Sclafane A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up …
Posted: Jul 20, 2025
The Independent Insurance Agents & Brokers of America (Big “I”) on July 4 celebrated the passage of the “One Big Beautiful Bill.” “The Big ‘I’ would like to thank the U.S. Congress and President Trump for...
Posted: Jul 20, 2025