Insurance Journal

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

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