Insurance Journal

California Fails to Stop 23andMe Founder From Re-Acquiring Firm Amid Privacy Concerns

Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California’s bid to delay the sale while the state appeals over privacy concerns related...

Posted: Jul 09, 2025

California Fails to Stop 23andMe Founder From Re-Acquiring Company

Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California’s bid to delay the sale while the state appeals over privacy concerns related...

Posted: Jul 09, 2025

People Moves: ReSource Pro Appoints Hugh as CFO

ReSource Pro, headquartered in New York City, appointed Eugene “Gene” Hugh as chief financial officer (CFO). Hugh will lead the company’s accounting, financial planning and analysis, tax, treasury, legal, and mergers and acquisition...

Posted: Jul 09, 2025

Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap

The steady rise in false advertising claims against consumer-facing companies has exposed a major insurance protection gap. The drivers of these legal actions are many and varied and include consumers’ growing – and regularly-shifting – health...

Posted: Jul 09, 2025

Barnard College Settles Lawsuit Brought by Jewish Students

Barnard College has settled a lawsuit that accused the college of not doing enough to combat antisemitism on campus, agreeing to a litany of demands that include banning masks at protests and refusing to meet or negotiate with a coalition …

Posted: Jul 09, 2025

Construction Supervisor Sentenced for Obstructing Probe of Employee’s Fatal Fall

A Blue Point, New York man has been sentenced to one year in prison and two years of supervised release after pleading guilty to conspiracy and obstruction of an investigation into a fatal construction accident, according to the U.S. Department &#823...

Posted: Jul 09, 2025

People Moves: LP Insurance Services Names Rossi Executive Chairman, Cushard CEO and President

Rossi Named Executive Chairman, Cushard Named CEO and President at LP Insurance Services LLC LP Insurance Services LLC named Founder and CEO Nick Rossi as executive chairman. Rossi, who founded the company in 2010, will maintain a role supporting cli...

Posted: Jul 09, 2025

Get the Truth on Tape: How Side-View Cameras Protect Fleets

This post is part of a series sponsored by IAT Insurance Group. Lane-change incidents and sideswipe collisions are increasingly common but rarely clear-cut. Nearly 75% of large trucks involved in fatal crashes collided with another vehicle, which inc...

Posted: Jul 08, 2025

Impostor Uses AI to Impersonate Rubio, Contact Foreign and US Officials

The State Department is warning U.S. diplomats of attempts to impersonate Secretary of State Marco Rubio and possibly other officials using technology driven by artificial intelligence, according to two senior officials and a cable sent last week to...

Posted: Jul 08, 2025

The Next Disaster: Who Will Manage Our Response?

The nation mourns the more than 100 people who perished following the flash flooding through central Texas on July 4 and over the weekend. It is a tragic reminder that extreme weather has become a more common event. In addition …

Posted: Jul 08, 2025

People Moves: Hull & Company-Texas Promotes Wilkins, Hires Gambino to Underwriter/Broker Roles

Hull & Company-Texas, headquartered in Dallas, Texas, promoted Brandt Wilkins to underwriter/broker. Wilkins has an extensive background in the commercial wholesale business. He has been with Hull Texas for the last three years managing a book wi...

Posted: Jul 08, 2025

People Moves: Leadership Transition at WorldTrips as Hsia Appointed CEO; Carney Assumes Role of Chai...

Tokio Marine HCC, based in Houston, Texas, announced a key leadership transition at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana. Mark Carney will transition from his role as CEO of Worl...

Posted: Jul 08, 2025

Reliance Global Completes Sale of Ohio’s Fortman Insurance Services

Reliance Global Group announced it has completed an asset sale of Ottawa, Ohio-based Fortman Insurance Services, wholly owned subsidiary, for $5 million in cash. The transaction marks the successful execution of a strategic initiative to monetize a n...

Posted: Jul 08, 2025

People Moves: WTW Hires Kharkavets as North America Head of ICT Claims

WTW, with U.S. headquarters in Arlington, Virginia, appointed Alena Kharkavets as North American head of claims in its insurance consulting and technology (ICT) business. Kharkavets comes to WTW from Intact Financial Corporation, where she held progr...

Posted: Jul 08, 2025

Beyond the Rater: 4 Ways EZLynx Powers Your Customer Journey

This post is part of a series sponsored by EZLynx. When most people think of EZLynx, the comparative rating system is often the first thing that comes to mind—and for good reason. As a market-leading personal lines comparative rater, it …

Posted: Jul 08, 2025

Intense Downpours are More Frequent, But Flooding Severity Remains Hard to Predict

It’s not just Texas and North Carolina. Intense rain is falling more frequently in many areas of the U.S. — though where it occurs and whether it causes catastrophic flooding is largely a matter of chance, according to experts. More …

Posted: Jul 08, 2025

Intense Downpours Are More Frequent, But Flooding Severity Remains Hard to Predict

It’s not just Texas and North Carolina. Intense rain is falling more frequently in many areas of the U.S. — though where it occurs and whether it causes catastrophic flooding is largely a matter of chance, according to experts. More …

Posted: Jul 08, 2025

Car Manufacturer Sued for Refusing to Allow Jewish Employee to Observe the Sabbath

FCA US, LLC, an international automobile manufacturer of Chrysler, Dodge, Jeep, Ram and Fiat car brands, violated federal law by refusing to accommodate an employee’s request to observe the Sabbath and take unpaid leave for Passover, the U.S. E...

Posted: Jul 08, 2025

White Mountains Buys Majority Ownership of Distinguished Programs for $230M

White Mountains Insurance Group on Monday said it has a deal in place to acquire about 50% of Distinguished Programs for $230 million. With the buy of the outstanding equity shares, White Mountains will own 51% of Distinguished, an independent &#8230...

Posted: Jul 08, 2025

SEC, SolarWinds Reach Settlement to End Lawsuit Related to 2020 Breach

The U.S. Securities and Exchange Commission and software company SolarWinds Corp. have reached a settlement, ending a federal lawsuit that alleged investor fraud and known cybersecurity vulnerabilities. Early this month the SEC and SolarWinds jointly...

Posted: Jul 08, 2025

Chantal Flooding Forces Dozens to Flee Homes in North Carolina

CHAPEL HILL, N.C. (AP) — Floodwaters from the remnants of Tropical Storm Chantal swept a woman in her car from a rural road and forced dozens of people to flee their homes, officials in North Carolina said Monday. Parts of …

Posted: Jul 08, 2025

Containment Increases on California Wildfire That Forced Evacuations

Firefighters are making progress on the biggest wildfire in California this year. Containment has increased on the Madre Fire to 35%. The wildfire on the central coast of California has burned 80,603 acres, prompting evacuation orders and closing par...

Posted: Jul 08, 2025

Governor Signs Bill That Ends One State-Backed Reinsurance Layer, Reduces Another

Florida Gov. Ron DeSantis last week put his signature on House Bill 5013, which ends one state-backed level of reinsurance and slashes another one, a move that could create a little more demand for private reinsurance coverage in the state. …

Posted: Jul 08, 2025

Appeals Court Nixes Class Actions Against Progressive Over Actual Cash Value

Progressive Insurance will not have to face two class actions by Pennsylvania insureds alleging that the insurer systematically underestimated the actual cash value (ACV) of their totaled vehicles and thus breached its insurance agreements with them...

Posted: Jul 08, 2025

People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitab...

This edition of International People Moves details appointments at Liberty Specialty Markets in Luxembourg and the Insurance Industry Charitable Foundation in Canada. A summary of these new hires follows here. Liberty Specialty Promotes Fraigneau to...

Posted: Jul 08, 2025