Insurance Journal

Markets/Coverages: Hiscox Launches Sexual Molestation Liability Cover

Global specialist insurer, Hiscox, has announced the appointment of Harriet Turner to its London Market business to lead its new sexual molestation liability (SML) cover – expanding its existing range of casualty products. Hiscox’s launch of SM...

Posted: Aug 11, 2025

People Moves: Lancashire Announces Senior Leadership Promotions, Including CEOs of Insurance Units;...

This edition of International People Moves details appointments at Lancashire Holdings and CFC Underwriting. A summary of these new hires follows here. Lancashire Announces Leadership Promotions, Including CEOs of Insurance Units Lancashire Syndicate...

Posted: Aug 11, 2025

Miss. Auditor Seizes Hundreds of Thousands from Cities to Pay for Overdue Audits

CANTON, Miss. (AP) — Jeff Goodwin, director of the Mississippi state auditor’s compliance division, was congenial while describing to Canton officials how the office has taken $352,000 of the city’s revenue to pay for past-due audits – th...

Posted: Aug 11, 2025

Knife-Wielding Man Shot by Police in West Virginia Emergency Room

CHARLESTON, W.Va. (AP) — Police in West Virginia shot and killed a knife-wielding man in a hospital emergency room after he attacked an employee early Friday, authorities said. The shooting occurred around 1:45 a.m. at Charleston Area Medical Center&...

Posted: Aug 11, 2025

Florida Farm Identified as Source of Raw Milk That Sickened 21 People

TALLAHASSEE, Fla. (AP) — The Florida Department of Health has identified Keely Farms Dairy as the source of raw milk that has sickened 21 people with E. coli or campylobacter since January. A manager of the farm in New Smyrna …

Posted: Aug 11, 2025

Jacob’s Pillow Cancels Remainder of Season After Employee Dies in Work Accident

Jacob’s Pillow, a renowned dance center in the Berkshires region of Massachusetts, announced it has canceled the rest of its summer festival, following a workplace accident in which an employee was killed. Production manager Kat (Kathryn) Siric...

Posted: Aug 11, 2025

Columbia University Hack Affected 870,000 People, Included Some Health Data

A recent breach of Columbia University’s computer systems compromised personal information of about 870,000 people, including students and applicants, according to the school’s reports to state officials in the US. The hack included &#822...

Posted: Aug 11, 2025

Britain’s M&S Restores Click and Collect Services 15 Weeks After Systems Hacked

British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft. The 141-year-old M&S stopped taking orders through its website and app for cloth...

Posted: Aug 11, 2025

African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt

TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which defaulted in 2020 and later sought...

Posted: Aug 11, 2025

Emirates Expands Electronics Restrictions With Power Bank Ban

Emirates will ban the use of power banks aboard its flights and only allow passengers to bring one such device onto the plane, further restricting travelers from carrying electronic gadgets on aircraft. “Emirates is taking a firm and proactive...

Posted: Aug 11, 2025

Nigeria Insurance Stocks Gain Most in Almost 20 Years on New Law

Nigerian insurance stocks had their biggest weekly gain in almost two decades after a new law was passed requiring companies to raise fresh capital and making insurance for property and other assets mandatory. A gauge for the sector on the …

Posted: Aug 11, 2025

Insurtech Investment Hits $60B Milestone But Pales AI Figures

Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re’s global head of insurtech, Andrew Johnston, warned in the company’s latest Global InsurTech Report that this trend shouldn’t be ignored. “...

Posted: Aug 11, 2025

CSU, NOAA Maintain Forecasts for Above-Average Hurricane Season

Colorado State University’s hurricane researchers and the National Oceanic and Atmospheric Administration (NOAA) issued updates to their 2025 Atlantic hurricane forecasts, with both maintaining calls for an ‘above average’ season de...

Posted: Aug 11, 2025

Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute

Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder canvbe asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals court decided last week. &#8220...

Posted: Aug 11, 2025

Viewpoint: A Workers’ Comp Hard Market Is Coming to California

Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications are now pointing to the mark...

Posted: Aug 11, 2025

Double Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages

A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law ru...

Posted: Aug 11, 2025

Double for Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages

A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law ru...

Posted: Aug 11, 2025

California Invests $26M to Recruit More Women into Construction

The California Department of Industrial Relations awarded 25 construction apprenticeship programs $26 million in Equal Representation in Construction Apprenticeship grants to increase access to construction careers for women and disadvantaged communi...

Posted: Aug 11, 2025

Two Adults and Four Children Perish in Maryland House Fire

Two adults and four children perished in a house fire Sunday morning in Waldorf, Maryland, according to state officials. Two other adults escaped and one more was not home when the fire broke out, . The cause of the fire …

Posted: Aug 10, 2025

3 Ways for Insurers to Spread Catastrophe Risk Literacy to Homeowners, Minimal Lift Required

This post is part of a series sponsored by Cotality. Homeownership has long been synonymous with the American Dream. And it’s no wonder: owning property allows you to customize where you live, build stability, and, perhaps most importantly, it...

Posted: Aug 08, 2025

Iowa AG Secures Pair of Environment Case Settlements

Iowa Attorney General Brenna Bird announced settlements in two cases her office prosecuted on behalf of the Iowa Department of Natural Resources. Agri Star Meat and Poultry, LLC has agreed to pay a $50,000 penalty and come into full compliance &#8230...

Posted: Aug 08, 2025

Second California Wildfire Prompts Evacuations, Threatens Thousands of Structures

A brush fire in a mountainous area north of Los Angeles has forced thousands of evacuations, becoming one of two ongoing blazes of concern in California. The Canyon fire in Los Angeles and Ventura counties, which started on Thursday afternoon, &#8230...

Posted: Aug 08, 2025

Minnesota Cities Consider Government-Run Marijuana Shops

As some Minnesota cities fret over regulating newly legalized and normalized marijuana sales, others see an opportunity. Elk River is among 13 Minnesota cities considering opening municipally owned cannabis stores. They would be blazing new trails in...

Posted: Aug 08, 2025

Tesla Secures Texas Rideshare Permit for Robotaxi Operation

Tesla Inc. has been granted a rideshare license in Texas, paving the way for the electric-vehicle maker to operate its robotaxi service under new regulations governing autonomous vehicles in the state. Tesla Robotaxi LLC is now listed as a transporta...

Posted: Aug 08, 2025

Why Experts Say States Need to Get in the Business of Floodplain Buyouts

As flooding becomes an increasingly common and destructive feature of Texas life, housing experts are calling for the creation of a statewide, voluntary buyout program to move residents out of the most high-risk areas. The experts say Texas needs a &...

Posted: Aug 08, 2025