Insurance Journal

Iowa Amusement Park Settles Lawsuit Over 11-Year-Old’s Drowning in 2021

An Iowa amusement park’s former operator has agreed to pay an undisclosed amount to settle a lawsuit filed by the family of an 11-year-old boy who drowned on a water ride in 2021. A company that previously owned Adventureland park …

Posted: Jun 04, 2025

People Moves: Mosaic’s DeLong Promoted to Global Market Engagement Officer, Bonkoski Joins as Cyber...

Mosaic Insurance, headquartered in Hamilton, Bermuda, promoted Yosha DeLong to the new role of global engagement officer and hired cyber and technology liability executive Brian Bonkoski to lead the company’s cyber business. Based in Chicago, I...

Posted: Jun 04, 2025

Tariffs Stoke Supply Chain Worries for US Businesses, Gallagher Survey Shows

A majority of U.S. business owners are worried about supply chain disruptions from President Donald Trump’s sweeping tariffs, a survey by insurance brokerage Gallagher showed on Tuesday. The findings come as Trump’s tariff policies raise...

Posted: Jun 04, 2025

Will DeSantis Sign Bill Allowing Longer Noncompete Agreements in Florida?

While federal agencies and some states have moved to rein in the reach of noncompete agreements, a Florida bill awaiting the governor’s signature would go in the opposite direction, significantly lengthening the agreements and expanding employe...

Posted: Jun 04, 2025

Musk’s X Aims to Soothe EU Regulators With Blue Check Disclaimer

Elon Musk’s social network X is showing users a prominent disclaimer about the platform’s blue checkmark program in a bid to appease concerns from the European Union’s content regulators that it’s deceptive and should be overh...

Posted: Jun 04, 2025

Penn Wins Dismissal of Antisemitism Suit by Jewish Students

A federal judge dismissed a lawsuit against University of Pennsylvania filed by Jewish students over antisemitism, ruling they failed to show the Ivy League school engaged in intentional discrimination. US District Judge Mitchell Goldberg ruled Monda...

Posted: Jun 04, 2025

Pilot Avoids Crash, Lands Small Plane in Long Island Sound

The pilot of a small plane that was about to crash managed to land it safely in the cool, choppy waters of Long Island Sound off Connecticut and called 911 to provide his precise coordinates before the aircraft sank, authorities …

Posted: Jun 04, 2025

Al Fardan Named Non-Exec Chairman, Burns & Wilcox MENA; Aon appoints Marcell to serve as CEO of Glob...

H.W. Kaufman Group Names Hasan Fardan Al Fardan as Non-Executive Chairman, Burns & Wilcox MENA H.W. Kaufman Group named Hasan Fardan Al Fardan as the non-executive chairman for Burns & Wilcox, Middle East and North Africa (MENA). He works clo...

Posted: Jun 03, 2025

People Moves: Al Fardan Named Non-Exec Chairman, Burns & Wilcox MENA; Aon Appoints Marcell to CEO of...

H.W. Kaufman Group Names Hasan Fardan Al Fardan as Non-Executive Chairman, Burns & Wilcox MENA H.W. Kaufman Group named Hasan Fardan Al Fardan as the non-executive chairman for Burns & Wilcox, Middle East and North Africa (MENA). He works clo...

Posted: Jun 03, 2025

Stonetrust Insurance Credit Ratings Unchanged Amid Acquisition of Southern Vanguard

AM Best said that the Credit Ratings (ratings) of Southern Vanguard Insurance Company (Southern Vanguard) (Austin, Texas) and the members of Stonetrust Insurance Group (Stonetrust) (Baton Rouge, Louisiana) remain unchanged following the May 27, 2025,...

Posted: Jun 03, 2025

Judge Dismisses California’s Tariff Lawsuit, Teeing up Appeal

A U.S. judge dismissed the state of California’s challenge to President Donald Trump’s tariffs, allowing the state to file an appeal over the court’s ruling that the dispute should have been filed in a specialized U.S. trade court i...

Posted: Jun 03, 2025

Report: Long COVID Accounted for Three Quarters of California Comp Virus Claim Payments

Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study. The study from the California Workers’ Compe...

Posted: Jun 03, 2025

Report: Long COVID Accounted for Nearly 74% of California Comp Virus Payments

Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study. The study from the California Workers’ Compe...

Posted: Jun 03, 2025

Pennsylvania AG Reaches Settlement With AI-Based Property Management Platform

Pennsylvania Attorney General Dave Sunday announced a settlement with Home365, LLC, regarding the Las Vegas-based property management company’s alleged failures to timely address Pennsylvania tenants’ maintenance needs. The voluntary comp...

Posted: Jun 03, 2025

Taylor Oswald Announces New Corporate Headquarters in Cleveland

Taylor Oswald, a provider of group benefits and property and casualty insurance, announced it is relocating its corporate headquarters in Cleveland. With the move, Taylor Oswald joins its partner, Oswald Companies, at Oswald Tower on the East Bank of...

Posted: Jun 03, 2025

Texas Lawmakers Pass Legislation to Improve Wildfire Preparedness and Mitigate Damages

Texas lawmakers approved a series of bills this year that aim to better prepare Texas for wildfires and to mitigate their damage. The legislation includes a study on wildfire risk zones, increasing funding for rural volunteer fire departments, and cr...

Posted: Jun 03, 2025

Texas Lawmakers Pass Legislation to Improve Wildfire Preparedness

Texas lawmakers approved a series of bills this year that aim to better prepare Texas for wildfires and to mitigate their damage. The legislation includes a study on wildfire risk zones, increasing funding for rural volunteer fire departments, and cr...

Posted: Jun 03, 2025

People Moves: Wallace & Turner Insurance Elevates Four to Partnership

Wallace & Turner, Inc., with offices in Springfield and Urbana, Ohio, named four new equity partners. All are based in Wallace & Turner’s Springfield office. Ben Galbreath has nearly two decades of experience in personal, commercial, li...

Posted: Jun 03, 2025

Victoria’s Secret Says Cyber Incident Led to Temporary Website Shut Down

Victoria’s Secret on Tuesday disclosed that a security incident relating to its information technology systems had led it to temporarily shut down its website for a few days last week. The company said it shut down corporate systems and e-comme...

Posted: Jun 03, 2025

Alberta Wildfires Shut About 7% of Canada’s Oil Production

Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy crude production — about 7% of the country’s output — as a major blaze near the province’s eastern border menaces oil sands opera...

Posted: Jun 03, 2025

People: FAIA Names Head of Professional Development; Madison Leads MJ in Tennessee

The Florida Association of Insurance Agents, the largest agent organization in the state, has named Greg Thomas director of professional development. Thomas was previously director of insurance agent and agency services for the Florida Department of...

Posted: Jun 03, 2025

Mondelez Sues Aldi, Alleging Grocery Chain Copies Packaging to Confuse Customers

Snack food maker Mondelez International is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “blatantly copies” Mondelez products like Chips Ahoy, Wheat Thins and Oreos. In a federa...

Posted: Jun 03, 2025

Greyhound Bus, Other Crashes Leave 5 Dead and Dozens Injured in Tennessee

Vehicle crashes across Tennessee in the last few days have left five people dead and dozens more injured. In the tourist town of Gatlinburg, seven people, including two pedestrians, were injured in a multivehicle crash on Sunday. The accident occurre...

Posted: Jun 03, 2025

Risk Strategies Acquires Missouri’s Schroeder Insurance

Risk Strategies announced it has acquired Schroeder Insurance, a Missouri-based firm with a specialty focus in the commercial lines and private client sectors. Terms of the deal were not disclosed. Led by brothers Paul and Ted Schroeder, who each hav...

Posted: Jun 03, 2025

Massachusetts Cuts Red Tape on Insurers, Plus Banks, Contractors, Barbers and More

Massachusetts is eliminating a series of insurance and other business regulations with a goal of making it easier and less costly to conduct business in the state. According to Gov. Maura Healey, her administration’s “Massachusetts Means...

Posted: Jun 03, 2025