Insurance Journal

California Plan to Ban Plants Close to Homes Overlooks Some Truths About Flammability

One of the most striking patterns in the aftermath of many urban fires is how much unburned green vegetation remains amid the wreckage of burned neighborhoods. In some cases, a row of shrubs may be all that separates a surviving …

Posted: Jun 03, 2025

Above-Average Number of Storms Predicted for North Atlantic in 2025: Munich Re

Current climatic conditions suggest that there will be a slightly above-average number of storms in the North Atlantic during the 2025 hurricane season, according to Munich Re in its Hurricane Outlook 2025. However, Munich Re warned that this year&#8...

Posted: Jun 03, 2025

More Than 1,000 Former Rugby Players in Concussion Lawsuit

The number of former rugby players taking legal action against sports governing bodies on claims they suffered brain injuries during their careers has grown to more than 1,000, a British law firm said on Monday. Rylands Garth, based in London, &#8230...

Posted: Jun 03, 2025

FEMA Head Said He Was Unaware of US Hurricane Season, Sources Say

Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said he had not been aware the country has a hurricane season, according to four sources familiar with the situation. …

Posted: Jun 03, 2025

Doritos, M&Ms Could Be Forced to Include Warning Labels in Texas

A Texas bill on the verge of becoming law would require labels on packaged food from Skittles to Mountain Dew that warn about ingredients “not recommended for human consumption” by other countries. Texas Senate Bill 25, backed by Secretar...

Posted: Jun 03, 2025

Central US Braces for Another Round of Severe Weather

Areas of the Central United States still recovering from severe storms last month face a threat of more severe weather this week, with heavy rain, flooding and hail forecast through the middle of the week. The National Weather Service said …

Posted: Jun 03, 2025

Demand for Pet Insurance Rises as Majority Owners Underestimate Cost of Care

Costs associated with pet care continue to rise, according to consumer financing company Synchrony’s 2025 Pet Lifetime of Care Study, which found an increase of 10% for dogs and close to 20% for cats since 2022. Expanding on original research &...

Posted: Jun 03, 2025

Ron Perelman’s Fight Over $410 Million in Art Insurance Goes to Trial

Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge to force insurers to pay him more than $400 million for five paintings he says were damaged in the blaze. …

Posted: Jun 03, 2025

Tariff Gloom Weighs on US Manufacturing; Delivery Times Lengthening

U.S. manufacturing contracted for a third straight month in May and suppliers took the longest time in nearly three years to deliver inputs amid tariffs, potentially signaling looming shortages of some goods. President Donald Trump’s aggressive...

Posted: Jun 03, 2025

Homeowner’s Failure to Read Doesn’t Clear Agency of Negligence Claim – NC High Court

A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner who was denied coverage after a hurricane because key elements of the property were not mentioned in the coverage application. In a case that began almost a …

Posted: Jun 03, 2025

People Moves: Former NH Commissioner Nicolopoulos Joins Davis & Towle as CEO

Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, named former New Hampshire Insurance Commissioner, Christopher Nicolopoulos as the agency’s new chief executive officer. Jeffrey Towle, previously the agency’s pr...

Posted: Jun 03, 2025

InterWest Acquires Armstrong & Associates Insurance Services

InterWest Insurance Services has acquired Armstrong & Associates Insurance Services in California. Martin Armstrong will remain in a leadership role, with all employees coming over to InterWest. Founded in 2004, Armstrong specializes in agribusin...

Posted: Jun 03, 2025

How to Achieve Audit-Ready Hierarchies in Insurance

This post is part of a series sponsored by AgentSync. Insurance is a business built on relationships, as anyone will tell you. But formally depicting the complex network of relationships that connects an underwriter to an insured is far from …

Posted: Jun 02, 2025

EU Votes to Curb China’s Access to Medical Device Procurement

The European Union agreed overwhelmingly to curb Chinese medical device manufacturers’ access to public procurement contracts in the bloc, according to people familiar with the matter. EU countries voted Monday on the measure, which will ban ac...

Posted: Jun 02, 2025

EU Says it Will Make Strong Case for US Tariff Cuts This Week

The European Commission said on Monday it would make a strong case this week for the United States to reduce or eliminate tariffs even after Donald Trump said he would double import duties on steel and aluminum to 50%. European …

Posted: Jun 02, 2025

People Moves: Lloyd’s Makes Executive Team Changes

Lloyd’s, headquartered in London, the world’s leading marketplace for insurance and reinsurance market for global risk, made several new appointments and updates to its executive team. Rachel Turk is appointed as chief of market performan...

Posted: Jun 02, 2025

People Moves: BevCap Names Dinardo as SVP of Captive Operations

BevCap Management, a program manager for casualty and medical stop loss captive insurance companies in multiple domiciles, announced that Dawn Dinardo has joined its team as SVP of Captive Operations. With nearly 20 years of experience in captive ins...

Posted: Jun 02, 2025

Northern US Mayors Call for End to ‘Irrational’ Trade War With Canada

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities and upended one of the world’s most successful economic re...

Posted: Jun 02, 2025

Inmates Clear Tornado Damage to Free Oklahoma Family Stuck for Over a Week

A work crew of incarcerated people cleared the way for a woman and her three children to finally leave their rural Oklahoma property more than a week after a tornado caused widespread damage, state officials said. The crew was still …

Posted: Jun 02, 2025

Texas Lawmakers Spike Bills to Study, Restrict PFAS

FORT WORTH — Rising public concern in Texas over PFAS, or “forever chemicals” linked to cancer, infertility and immune disorders sparked lawmakers to file half a dozen bills to study the chemicals, regulate them in sewage sludge and ban t...

Posted: Jun 02, 2025

Google to Spend $500M Revamping Compliance in Shareholder Settlement

Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement papers show. The preliminary settlement of so-called deriv...

Posted: Jun 02, 2025

Army Corps Finds Great Lakes Pipeline Tunnel Would Have Major Environmental Impacts

Building an underground tunnel for an aging Enbridge oil pipeline that stretches across a Great Lakes channel could destroy wetlands and harm bat habitats but would eliminate the chances of a boat anchor rupturing the line and causing a catastrophic...

Posted: Jun 02, 2025

LA City Council Passes Budget That Trims Fire, Police Spending

The Los Angeles City Council approved a $13.9 billion budget proposal for the next fiscal year on Friday, trimming Mayor Karen Bass’s plans to increase public safety spending, in an effort to reduce layoffs amid a nearly $800 million deficit. &...

Posted: Jun 02, 2025

Newark Airport Runway to Reopen Monday After Construction

A runway at Newark Liberty International Airport will reopen on Monday nearly two weeks ahead of schedule following several chaotic weeks of equipment outages, runway construction and air traffic control staffing shortages that caused flight cancella...

Posted: Jun 02, 2025

Funding Cuts Threaten Safety Training for Workers in America’s Most Dangerous Jobs

By the time Robbie Roberge spotted the fire consuming his boat’s galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters. As the flames spread up the boat’s walls, &#8230...

Posted: Jun 02, 2025