Insurance Journal
On June 20, nearly three weeks into the Atlantic hurricane season, Florida disaster-management officials assembled a group of emergency relief contractors in Tallahassee and asked them to do something they had never done before. Governor Ron DeSantis...
Posted: Jul 03, 2025
In keeping with state law, the South Carolina Department of Insurance is again asking carriers to submit extensive data on commercial liabilty and liquor liability coverage in the state. The data should be submitted by Aug. 31 and should include R...
Posted: Jul 03, 2025
Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich’s platf...
Posted: Jul 03, 2025
Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural cat...
Posted: Jul 03, 2025
New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade &...
Posted: Jul 03, 2025
In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation...
Posted: Jul 03, 2025
President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. I...
Posted: Jul 03, 2025
President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. I...
Posted: Jul 03, 2025
Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treach...
Posted: Jul 03, 2025
Liberty GTS Names Weiss Head of Americas Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance headquartered in London, promoted Hilary Weiss to head of Americas. Weiss joined Liberty Mutual in 2018 as associate vice president,...
Posted: Jul 03, 2025
Embracing artificial intelligence in insurance is a race, but one that experts describe as a race to the starting rather than the finish line. “I think this is sort of a race to the starting line,” said Indico Data CEO …
Posted: Jul 03, 2025
An employee cannot file a tort lawsuit against her employer until after it has been determined that she is not eligible for a workers’ compensation claim. And that compensability determination can only be made by an insurer or a compensation &#...
Posted: Jul 03, 2025
Packaged food maker Kraft Heinz is recalling about 367,812 pounds of Oscar Mayer turkey bacon following concerns that the products may be contaminated with Listeria bacteria, the U.S. food safety regulator said on Wednesday. The recall will affect va...
Posted: Jul 03, 2025
California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However, for the second straight year,...
Posted: Jul 03, 2025
California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage...
Posted: Jul 03, 2025
California Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force, as part of his response to issues over smoke damage caused by wildfires across the state, including the handling of smoke damage...
Posted: Jul 03, 2025
Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory ov...
Posted: Jul 02, 2025
Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint. DigitalMint President Marc...
Posted: Jul 02, 2025
The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government’s COVID-19 emergency funds are spent and sales tax revenues return to historic averages after a large spike, budget …
Posted: Jul 02, 2025
Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group. Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as...
Posted: Jul 02, 2025
Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by drawing in river water was sucking in thousands of …
Posted: Jul 02, 2025
The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes. Meteorologists and scientists warned of severe consequences last week when NOAA...
Posted: Jul 02, 2025
A new law in that expands Washington workplace protections involving equal pay and promotion discrimination takes effect today. The law legislation passed in 2024 expands the Equal Pay and Opportunities Act from gender discrimination to also include:...
Posted: Jul 02, 2025
Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida. Excel was founded in 2020 and provides property/casualty solutions, including auto, wate...
Posted: Jul 02, 2025
New York City’s Port Authority Bus Terminal, a critical transport hub for Manhattan, is closed due to a multi-bus accident, according to transit authorities. New Jersey Transit bus services traveling to and from the terminal are being diverted...
Posted: Jul 02, 2025