Insurance Journal

Little Ceasars Franchise in California Settles for $409K Over Worker Pay

The operator of a pizza parlor in California must pay back wages following an investigation that showed the business did not pay the required minimum wage and overtime. The U.S. Department of Labor reached a settlement agreement with the operator &#8...

Posted: Mar 04, 2026

Transgender Men Sue Kansas Over Law Invalidating Their Driver’s Licenses

Two transgender men are suing Kansas over a new law that invalidated their driver’s licenses and about 1,700 others for reflecting people’s gender identities and not their sex assigned at birth, arguing that the measure is “dehumani...

Posted: Mar 03, 2026

Louisiana Couple Arrested for Insurance Fraud

A Baton Rouge, Louisiana couple was recently arrested for attempting to defraud an insurance company of approximately $30,000 and on other related charges, the Louisiana Office of the Attorney General announced this week. Agents with Attorney General...

Posted: Mar 03, 2026

Louisiana Dept. of Insurance Enters Partnership to Fight Litigation Funding

The Louisiana Department of Insurance is entering a partnership with the National Insurance Crime Bureau (NICB) and digital intelligence company 4WARN to combat third-party litigation funding (TPLF) marketing tactics. The department said the partners...

Posted: Mar 03, 2026

Bolivia Raids Homes Looking for Millions in Cash Taken From Plane-Wreck Site

Bolivia’s security forces have raided at least 22 homes near the site where a military plane carrying millions of dollars in cash crashed last week, seeking to recover banknotes stolen after the accident. At least 24 people died in the …

Posted: Mar 03, 2026

Buyer’s Market: Low Terrorism Insurance Pricing Despite Rising Instability

Terrorism insurance pricing in the U.S. is hovering at an all-time low — a surprising reality at a time when geopolitical tensions, domestic extremism, and global instability dominate headlines. It comes down to the age-old dynamic of supply and dema...

Posted: Mar 03, 2026

Texas Business Owners Sue State Over HUB Program Removal

Four business owners and a trade association sued the state of Texas on Monday, seeking to reverse acting Comptroller Kelly Hancock’s emergency rules altering a state program intended to give additional exposure to economically disadvantaged gr...

Posted: Mar 03, 2026

NextEra Utility Giant Agrees to $8M Settlement in Employee Retirement Class Action

Florida-based NextEra Energy Inc., one of the world’s largest electric utilities, has settled a class-action lawsuit, agreeing to pay $8 million to some 20,000 employees who said the company had mishandled retirement funds. Plaintiffs’ at...

Posted: Mar 03, 2026

People Moves: Holmes Murphy Adds Julik in North Dakota

Holmes Murphy announced its expansion into North Dakota with the hiring of Mark Julik. Julik joins Holmes Murphy with a wealth of insurance and construction–industry expertise, shaped by more than 18 years at Marsh McLennan Agency. During his tenure...

Posted: Mar 03, 2026

London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates

London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday. Guidance from the Joint War Committee, which comprises syndicate &...

Posted: Mar 03, 2026

People Moves: TDCI, Hilb Announce New Roles, New Faces

The Tennessee Department of Commerce and Insurance announced personnel changes at the department this week. Michael Barber, with 20 years of experience in the insurance industry, was named director of the Consumer Insurance Services section. Barber j...

Posted: Mar 03, 2026

‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War

The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift dawned on the more than 3,500 importers, freight forwarders and ocean carrie...

Posted: Mar 03, 2026

Judge Rejects Shell’s Bid to Overturn Arbitration Award With Venture Global

A New York state judge on Monday rejected British oil major Shell’s request to throw out an arbitration award that favored Venture Global in a dispute over the American company’s alleged improper sale of liquefied natural gas. Justice Joe...

Posted: Mar 03, 2026

Laken Riley’s Father Files Suit, Accuses Georgia University System of Negligence

The father of Laken Riley, who was killed on the campus of the University of Georgia by a Venezuelan man who lived nearby, is accusing the state university system of negligence that he says led to his daughter’s death. Jason …

Posted: Mar 03, 2026

Tariff-Refund Seekers Flock to Little-Known US Trade Court

Importers seeking their share of more than $130 billion in tariff refunds are flocking to a little-known U.S. trade court, which must now figure out how to deal with what is expected to be an explosion of cases. Multinationals such …

Posted: Mar 03, 2026

Meta Loses Insurance for Defense in Major Social Media Addiction Litigation

A Delaware judge has ruled that insurers do not have a duty to defend Meta Platforms in the thousands of lawsuits that allege that its Facebook and Instagram platforms harm children. Superior Court Judge Sheldon K. Rennie ruled that Meta’s &#82...

Posted: Mar 03, 2026

MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources

Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasa...

Posted: Mar 03, 2026

Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens

As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …

Posted: Mar 03, 2026

Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged

Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. Shipping through the Strait of Hormuz between I...

Posted: Mar 03, 2026

Self-Service won’t replace your Agency. It will reveal whether your value is visible.

The insurance industry has historically characterized “self-service” as if it were a single finish line. Build a portal. Expose some documents. Enable a few transactions. Do these things and adoption will follow. The reality is far more n...

Posted: Mar 03, 2026

New Verification Standard Adds Layer of Protection Against Carrier Identity Fraud

NMFTA’s SCAC Verified introduces identity verification and enhanced code validation to help reduce impersonation risk in trucking. Alexandria, VA, March 3, 2026 — Freight fraud is no longer confined to long-haul trucking. Service fleets, privat...

Posted: Mar 03, 2026

Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain

Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones &#...

Posted: Mar 03, 2026

Iran War Poses New Risk to US Economic Resilience

A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of &#82...

Posted: Mar 03, 2026

Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines

A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data showing a significant drop in workplace safety inves...

Posted: Mar 03, 2026

Viewpoint: Einstein on Entropy and Builders Risk

Were he alive today, Albert Einstein would make for a fantastic expert witness in builders risk coverage litigation. Einstein’s testimony on the concept of entropy would be particularly insightful—assuming his hourly rate was affordable, of cou...

Posted: Mar 03, 2026