Insurance Journal
A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found. The House of Lords Financial Services Regulation Committ...
Posted: Jun 13, 2025
As Air India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class — headed for one of the most harrowing and luckiest moments of his life. After the Boeing Co. 787 …
Posted: Jun 13, 2025
Investigators have started combing the wreckage of Air India flight AI171 as they seek to determine what caused the Boeing Co. Dreamliner to crash shortly after takeoff Thursday afternoon, killing all but one of the 242 people aboard in the …
Posted: Jun 13, 2025
Investigators are combing the wreckage of Air India flight AI171 to determine what caused the Boeing Co. Dreamliner to crash on Thursday, killing all but one of the 242 people aboard and resulting in the deadliest aviation accident in more …
Posted: Jun 13, 2025
A jury has awarded more than $500,000 to five men from Guatemala who said they were exploited and underpaid by a labor contractor that brought them to Michigan to plant and harvest fruit and vegetables. Much of the verdict last …
Posted: Jun 13, 2025
Huntington Insurance Inc., headquartered in Columbus, Ohio, named Zack Feller as employee benefits senior managing director. Feller joins Huntington from Keystone, where he most recently served as president of employee benefits. Over his tenure at Ke...
Posted: Jun 13, 2025
JEFFERSON CITY, Mo. (AP) — Missouri lawmakers on Wednesday approved hundreds of millions of dollars of financial aid to try to persuade the Kansas City Chiefs and Royals to remain in the state and help the St. Louis area recover …
Posted: Jun 13, 2025
Big ‘I’ Names Connors ACT Executive Director The Big “I” appointed Kasey Connors as executive director of the Big “I” Agents Council for Technology (ACT). Connors is a seasoned executive with over 15 years of exper...
Posted: Jun 13, 2025
A report from a climate activist group says State Farm’s rate increases, if approved, would cost the average California homeowner more than $1,000. State Farm upped its rate request in May, a week after getting the OK for a large …
Posted: Jun 13, 2025
Wind roared against the SUV’s windows as its tires sloshed through water dumped onto the road by the downpour. A horizon-wide funnel cloud loomed out the window, several miles away. Then came the loud metallic pings on the roof. First …
Posted: Jun 13, 2025
The current regulatory and claims environment for products, food and beverage, automobiles, medical devices, and more, is rapidly shifting amid layoffs at the federal level, slowdowns on inspections, and the potential for reduced enforcement. In resp...
Posted: Jun 13, 2025
[no_auto_dropcap]“It’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds.” That headline on top of an announcement about the release of the J.D. Power 2025 U.S. Auto Insurance Study this week summed up a key takeaway o...
Posted: Jun 13, 2025
Meta Platforms Inc. is suing a Hong Kong-based business for allegedly promoting so-called nudify apps, as the Facebook owner attempts to combat a surge in naked and sexual images created by artificial intelligence. The tech giant said it filed a R...
Posted: Jun 13, 2025
From North Carolina to Florida, insurance fraud investigators have been busy the last few weeks, leading to the arrests of firefighters, alleged auto-crash stagers, and a man who reportedly filed a claim after his car killed a pedestrian. In Mooresvi...
Posted: Jun 13, 2025
New Hampshire Attorney General John M. Formella is alerting residents to an active scam targeting consumers through fraudulent text messages falsely claiming to be from the the state’s Division of Motor Vehicles (DMV). According to Formella, th...
Posted: Jun 13, 2025
AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of the Vermont and California m...
Posted: Jun 13, 2025
Inszone Insurance Services acquired Denver West Insurance Brokers in Golden, Colorado. Denver West Insurance Brokers will retain the same office and team members. Founded in 2003 by Tina Kiel, Denver West Insurance Brokers is a provider of commercial...
Posted: Jun 13, 2025
Tom Bodett, known for his radio and TV ads telling travelers that at Motel 6 “we’ll leave the light on for you,” has sued the motel chain for using his name and voice without permission, after their nearly four-decade relationship &...
Posted: Jun 13, 2025
Tom Bodett, known for his radio and TV ads telling travelers that at Motel 6 “we’ll leave the light on for you,” has sued the motel chain for using his name and voice without permission, after their nearly four-decade relationship &...
Posted: Jun 13, 2025
A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, said this week that a breach of its...
Posted: Jun 13, 2025
With urging from a coalition of for-hire vehicle drivers and companies including Uber, the New York City Council voted to lower a for-hire vehicles’ insurance requirement in hopes of lowering premiums and disincentivizing fraud. The lawmakers v...
Posted: Jun 13, 2025
This post is part of a series sponsored by AgentSync. The reality of today’s insurance landscape: Speed is king. One lead-response vendor study said 78 percent of sales go to the first vendor to respond to a lead. And speed …
Posted: Jun 12, 2025
California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands of insurance claims from wildfire survivors affected by the Palisades and Eaton wildfires in January....
Posted: Jun 12, 2025
At least four people are dead in San Antonio and dozens of water rescues were made around the city after heavy rains flooded highways and stranded motorists, officials said Thursday. Fire officials said they are still searching for two people …
Posted: Jun 12, 2025
At least four people are dead in San Antonio and dozens of water rescues were made around the city after heavy rains flooded highways and stranded motorists, officials said Thursday. Fire officials said they are still searching for two people …
Posted: Jun 12, 2025