Insurance Journal
Spain’s high-voltage electricity grid suffered more power generation disruptions than previously known ahead of the country’s largest ever blackout, the government said. “There is new information: there was a third loss of power gen...
Posted: May 05, 2025
Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild. In the Pacific Palisades neighborhood, construction workers recently began placing wooden beams to frame a house...
Posted: May 05, 2025
Kansas Insurance Commissioner Vicki Schmidt released data last month on the amount paid by insurance companies for Kansas storm damage claims in 2024. In 2024, reported storm claims totaled 56,778 and the amount paid out on those claims by insurance...
Posted: May 05, 2025
TWFG, Inc., a high-growth insurance distribution company, announced the acquisition of two agencies, one in Texas and one in North Carolina, and the hiring of Denise Davis as Vice President of Retail Operations. Denise Davis Insurance, located in Tom...
Posted: May 05, 2025
Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions Insurance broker Aon plc named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions, effective immediately. In his new role DiLorenzo will be responsible for leading c...
Posted: May 05, 2025
Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off. For the most part, Wilson explained to analysts during a call to discuss …
Posted: May 05, 2025
Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door. It was Mosaic in Action, a nonprofit that has helped …...
Posted: May 05, 2025
The mother of an inmate who died of dehydration and malnutrition at Wisconsin’s oldest maximum security prison last year has filed a federal lawsuit, marking the fourth action brought by relatives of inmates who have died at the troubled instit...
Posted: May 05, 2025
Elon Musk’s wish to create his own city just came true. On Saturday, voters living around SpaceX’s rocket testing and launch facility in South Texas approved a measure to incorporate the area as a new city. Soon after polls closed …
Posted: May 05, 2025
AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and specialist liability coverage to companies in Canada with up to C$2 billion (US$1.5 billion) in revenue...
Posted: May 05, 2025
North Carolina authorities last week charged a man with 21 felonies, including insurance fraud and theft, after he reportedly stole identities and filed false auto claims with four insurance companies. Damain Rayshawn Cummings, 30, of Zebulon, appear...
Posted: May 05, 2025
CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago. CNA’s property/casualty operations booked net income of $311 million, with underwriting income of $40 million for Q1 2025, co...
Posted: May 05, 2025
Two subsidiaries of Auto Club Group have agreed to refund $2.6 million to policyholders and to pay $113,000 in fines after a market conduct examination by the North Carolina Department of Insurance. Members Insurance Co. and Universal Insurance Co.,...
Posted: May 05, 2025
European and U.S. carriers canceled flights for the next several days after a missile fired by Yemen’s Houthi rebels on Sunday landed near Israel’s Ben Gurion Airport, the country’s main international travel gateway. Many foreign ai...
Posted: May 05, 2025
Idaho State Police said the driver of the tour van involved in a deadly collision with a pickup truck was licensed in California and the company that organized the trip was Ctour Holiday LLC, a large tour operator that provides …
Posted: May 05, 2025
The man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a game between the Pittsburgh Pirates and the Chicago Cubs on Wednesday night is awake and alert. The organizer of a …
Posted: May 05, 2025
MIRAMAR, Fla. (AP) — A record 1,120 people accused of being in the U.S. illegally were arrested in less than a week during sweep orchestrated by federal, state and local authorities in Florida, an operation officials credited on Thursday to …
Posted: May 05, 2025
NASHVILLE, Tenn. (AP) — A suspect whom authorities have linked to white supremacist movements has been arrested in the March 2019 fire that destroyed an office at a storied Tennessee social justice center. Regan Prater was arrested last Thursday and...
Posted: May 05, 2025
President Donald Trump recently ordered federal agencies not to enforce laws that prohibit policies and practices with discriminatory impacts that are often unintended. Curbing so-called “disparate impact” liability, which is common in em...
Posted: May 05, 2025
TikTok owner ByteDance Ltd. was fined €530 million ($600 million) by the European Union for illegally sending user data to China, and warned that it didn’t do enough to keep that information out of reach from Chinese state services. IrelandR...
Posted: May 05, 2025
A senior UK minister [this week] will warn businesses to protect themselves against cyber threats after a spate of attacks on retailers including Marks & Spencer Group Plc. “These attacks need to be a wake-up call for every business in R...
Posted: May 05, 2025
The UK supermarket chain Co-op said hackers were able to access and extract customer data from one of its systems during a recent cyberattack. “The accessed data included information relating to a significant number of our current and past memb...
Posted: May 05, 2025
A federal judge on said she will allow expert testimony that formula made by Abbott Laboratories and Reckitt Benckiser subsidiary Mead Johnson for premature babies can cause a fatal intestinal illness, as the companies face hundreds of lawsuits over...
Posted: May 05, 2025
Federal investigators have launched a probe after two flights aborted landings at Reagan Washington National Airport on Thursday because a U.S. Army Black Hawk helicopter too close. The Federal Aviation Administration said on Friday that air traffic...
Posted: May 05, 2025
A second person has been charged with arson in the wildfire in New Jersey’s Pine Barrens that has grown into the state’s second-largest fire in nearly two decades. Prosecutors said Friday that a 17-year-old was arrested and charged with a...
Posted: May 05, 2025