Insurance Journal

Western Digital Convinces Judge to Throw Out $552.7M Patent Award

Data storage provider Western Digital has convinced a California federal judge to reduce a $552.7 million award against it in a patent dispute over data encryption to just $1, according to a court order made public on Monday. U.S. District …

Posted: Jun 24, 2025

5 Taken to Hospital in NC After Flight From Miami Hits Turbulence

Five people were taken to a North Carolina hospital after a flight from Miami hit turbulence Sunday night, officials said. Fire and rescue crews responded to the flight after it arrived at Raleigh-Durham International Airport around 11:30 p.m. and br...

Posted: Jun 24, 2025

DeSantis Signs Law Giving Condo Owners Some Relief, But Questions Remain

Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis on Monday. House Bill 913 gives condo homeowner associations more fle...

Posted: Jun 24, 2025

UNLV Launches Bachelor’s Degree in Insurance And Risk Management

When school begins at the University of Nevada, Las Vegas, students will have a chance to undertake a bachelor’s degree program in insurance and risk management. The school got the new program approved this month. The first cohort of 35 …

Posted: Jun 24, 2025

Move Over Mainframes: What Modern Hierarchy Management Looks Like and Why It Matters

This post is part of a series sponsored by AgentSync. Not long ago, the insurance industry was ripe with areas of opportunity for digital transformation. Nowadays, from electronic signature tools to AI customer service chatbots to full-scale distribu...

Posted: Jun 23, 2025

Soaring Temperatures Stress US Grids

Blistering heat is straining power grids across the eastern half of the US, leading to a blackout in part of New York City’s borough of Queens as the local utility issued a warning to conserve electricity. Consolidated Edison Inc. is …

Posted: Jun 23, 2025

Leading MGA Goes Live on Expert Insured

This post is part of a series sponsored by Expert Insured. Leading MGA Goes Live on Expert Insured — A New Chapter in MGA Innovation We’re excited to share that NEC Specialty Inc. (NECS) has officially gone live on Expert …

Posted: Jun 23, 2025

People Moves: Starkweather & Shepley Unveils Promotions, Officer Advancements

Starkweather & Shepley Insurance Brokerage Inc., headquartered in East Providence, Rhode Island, made several recent promotions and advancements in officer positions, including: Starkweather & Shepley Insurance Brokerage Inc. Andrew J. Fotopu...

Posted: Jun 23, 2025

US Braces for ‘Low-Level’ Cyberattacks by Iran After Airstrikes

US officials are warning businesses to brace for potential Iranian cyberattacks following American airstrikes on the country’s nuclear sites, an event that experts say could draw a relatively small response from hackers. A bulletin from the Dep...

Posted: Jun 23, 2025

People Moves: Howden Belgium Appoints De Baets as CEO; Liberty Promotes Directors of 3 New Divisions...

This edition of International People Moves details appointments at Howden and Liberty Specialty Markets (LSM). A summary of these new hires follows here. Howden Belgium Appoints De Baets as CEO Howden, the London-based insurance intermediary group, t...

Posted: Jun 23, 2025

Aon Launches AI-Powered Aon Broker Copilot for Commercial Insurance

Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process. “Aon Broker Copilot equips our brokers with th...

Posted: Jun 23, 2025

Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers

Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and most recently Aflac are indicative of a trend. The...

Posted: Jun 23, 2025

Father, Two Sons Charged With Defrauding North Carolina Insurer of Last Resort

North Carolina authorities have charged a 65-year-old man and his two sons with insurance fraud for allegedly submitting false and exaggerated claims to one of the state’s property insurers of last resort. William Andrews Sr., of Elon, and his...

Posted: Jun 23, 2025

32 New York Counties in State of Emergency; Severe Weather Takes 3 Lives

New York Governor Kathy Hochul on Sunday, June 22, declared a state of emergency in 32 counties in response to severe weather. Three deaths in the town of Kirkland have been attributed to the severe thunderstorms that hit parts of …

Posted: Jun 23, 2025

32 New York Counties in Emergency; Storms Take Lives of 2 Young Sisters, Woman

New York Governor Kathy Hochul on Sunday, June 22, declared a state of emergency in 32 counties in response to severe weather. Three deaths in the town of Kirkland have been attributed to the severe thunderstorms that hit parts of …

Posted: Jun 23, 2025

NC Plane Crash Came After Pilot Raised Wheel to Avoid a Turtle, NTSB Says

The pilot of a small plane that crashed near a North Carolina airport this month had raised a wheel after landing to avoid hitting a turtle on the runway, according to a National Transportation Safety Board preliminary report. The pilot …

Posted: Jun 23, 2025

6 Reported Dead After Boat Capsizes on Lake Tahoe in California

Six people were confirmed dead and two others were missing after a boat capsized on Lake Tahoe in California during a powerful weekend thunderstorm that whipped up high waves, officials said. The U.S. Coast Guard and the El Dorado County …

Posted: Jun 23, 2025

Jury Awards $2.25M to Georgia Couple in Suit Over Autopsy Images of Baby

A jury has awarded a Georgia couple $2.25 million in their lawsuit accusing a pathologist of posting graphic videos of an autopsy of their decapitated baby. A Fulton County jury returned the verdict against Dr. Jackson Gates on Wednesday. The …

Posted: Jun 23, 2025

As Bradley Wins Travelers Golf Championship, 215 Charities Also Win

The PGA Tour’s 2025 Travelers Championship generated more than $4 million for more than 215 nonprofits, both record highs. The Travelers Companies also set a record this year as the longest-running title sponsor in the tournament’s histor...

Posted: Jun 23, 2025

Billions of Login Credentials Leaked Online, Cybernews Researchers Say

Researchers at cybersecurity outlet Cybernews say that billions of login credentials have been leaked and compiled into datasets online, giving criminals “unprecedented access” to accounts consumers use each day. According to a report pub...

Posted: Jun 23, 2025

Musk’s X Sues New York to Halt Reports on Handling of Problematic Posts

Elon Musk ‘s X sued Tuesday to try to stop New York from requiring reports on how social media platforms handle problematic posts — a regulatory approach that the company successfully challenged in California. New York’s law, which Democr...

Posted: Jun 23, 2025

Airlines Weigh How Long to Suspend Middle East Flights After US Strikes in Iran

Airlines on Monday were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a new phase after the U.S. attacked key Iranian nuclear sites and Tehran vowed to defend …

Posted: Jun 23, 2025

U-Turning Oil Supertankers Cross Hormuz After Avoiding It

Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours. On Sunday, the Coswisdom Lake and South …

Posted: Jun 23, 2025

Canada Says Network Devices Compromised in China-Linked Hack

Canada’s cybersecurity agency said Chinese-backed hackers were likely behind recent malicious activity targeting domestic telecommunications infrastructure, warning that three network devices registered to a Canadian company were compromised in...

Posted: Jun 23, 2025

Air India Crash Risks Fueling Up to 30% Jump in Insurance Premiums

Indian insurance policy sellers expect the cost of coverage for airlines to spike as much as 30% after the deadliest aviation crash in more than a decade. Sajja Praveen Chowdary, director at Indian broker Policybazaar, expects premiums for hull, war-...

Posted: Jun 23, 2025