Insurance Journal
The family of a helicopter pilot who died when his helicopter crashed while fighting a wildfire in Southern California reached a $15 million settlement with the company that maintained the aircraft, their attorneys said. Michael Fournier was making w...
Posted: May 13, 2025
Federal investigators are outlining the final moments of a plane crash last month in upstate New York that killed a family from Massachusetts heading to the Catskills to celebrate a birthday and the Passover holiday. The victims of the April …
Posted: May 12, 2025
Insurance broker Marsh USA is asking a New York court to stop several former employees and rival Willis Towers Watson from preparing to steal its aviation and space insurance clients using confidential information. In a lawsuit filed in New York R...
Posted: May 12, 2025
London commuters face significant disruption to their journeys after a power failure knocked out parts of the capital’s underground network. Trains are delayed or not running on all or some sections of the Bakerloo, Jubilee, Piccadilly and Nort...
Posted: May 12, 2025
QBE North America today announced the launch of its new commercial property product, providing custom solutions for comprehensive coverage to large companies across the United States. Combining deep, industry-leading expertise with a commitment to cu...
Posted: May 12, 2025
The US-China deal temporarily lowering tariffs comes as a relief for Chinese exporters in limbo since the onset of a trade war between the world’s two largest economies. The Trump administration’s 145% duties on most Chinese imports will...
Posted: May 12, 2025
Hub International Limited said the brokerage entered into a definitive agreement on an investment of about $1.6 billion from several firms. Hub said the investment, valuing the Chicago-based company at $29 billion, is being led by accounts advised by...
Posted: May 12, 2025
About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud. According to it’s “2025 Cyber Claims Report,” Coalition said claims severity invo...
Posted: May 12, 2025
About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud. According to it’s “2025 Cyber Claims Report,” Coalition said claims severity invo...
Posted: May 12, 2025
Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its clinical trials insurance product. Markel said the product underscores its commitment to providing best-in-class solutions to support clinical trials res...
Posted: May 12, 2025
Tornadoes, strong winds and flash flooding hit parts of north Florida and Alabama over the weekend, damaging dozens of homes and commercial and farm structures, weather and local news sites reported. In the Florida Panhandle, tornadoes ripped roofs f...
Posted: May 12, 2025
Pharmaceutical companies have agreed to pay Hawaii $700 million to settle its lawsuit over the efficacy and safety of the blood thinner Plavix, the state attorney general’s office announced. A court ruling last year ordered Bristol Myers Squibb...
Posted: May 12, 2025
A Tesla driver charged with attacking motorists’ vehicles with a pipe in the Los Angeles area has been arrested again for allegedly assaulting two women during a road rage incident in Honolulu. The recent arrest comes less than a year …
Posted: May 12, 2025
The number of Americans filing new applications for unemployment benefits fell sharply as the spring break-related boost from the prior week faded, suggesting the labor market continued to chug along, though risks are mounting from tariffs. Employers...
Posted: May 12, 2025
The Federal Aviation Administration was forced to briefly slow arriving and departing planes at New Jersey’s Newark Liberty International Airport on Sunday because of a new telecommunications issue, the agency said. The Philadelphia Terminal Ra...
Posted: May 12, 2025
The recovery of a superyacht that sank last year off the Sicilian coast was temporarily halted Saturday following the death of a specialist diver while working underwater, the company overseeing the operation said. U.K. tech magnate Mike Lynch, his d...
Posted: May 12, 2025
A detailed timeline of the events surrounding the unprecedented day-long blackout that hit London’s Heathrow Airport has been set out by the National Energy System Operator, as scrutiny of grid security intensifies. Heathrow was plunged into ch...
Posted: May 12, 2025
San Diego, CA. May 12, 2025 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2025. The event is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents,...
Posted: May 12, 2025
The North Dakota insurance commissioner has the authority to require insurance companies to pay restitution to harmed policyholders under a bill signed into last month. House Bill 1088, signed into law on April. 10 by Gov. Kelly Armstrong, grants the...
Posted: May 12, 2025
An Ohio high school lacrosse player died Thursday from injuries he suffered during a lacrosse game. The family of Dylan Veselic announced his death in a message posted to the Bay Village High School lacrosse team’s X account. Veselic, a …
Posted: May 12, 2025
A Texas woman has been sentenced for conspiracy to commit wire fraud which resulted in approximately $620,000 in losses, U.S. Attorney Nicholas J. Ganjei announced last week. Cora Chantail Custard, a 35-year-old who had resided in both Houston and Sa...
Posted: May 12, 2025
The Trump administration dismissed three Democrats on the five-member Consumer Product Safety Commission, a White House official confirmed Friday. The three Democratic commissioners said the firings were illegal. The CPSC issues product recalls to ad...
Posted: May 12, 2025
The new head of the federal agency tasked with responding to disasters across the country warned staff in a meeting Friday not to try to impede upcoming changes, saying that “I will run right over you” while also suggesting policy …
Posted: May 12, 2025
NASHVILLE, Tenn. (AP) — More than 100 people have been taken into custody by federal immigration officials in a joint operation with the Tennessee Highway Patrol, leaving many in Nashville’s immigrant community uncertain and worried. “Non...
Posted: May 12, 2025
ATLANTA (AP) — A 4.1-magnitude earthquake in Tennessee woke up families and rattled homes as far away as Atlanta as it spread tremors across portions of the southern U.S. on Saturday morning. No injuries or major damage were immediately reported. ...
Posted: May 12, 2025