Insurance Journal

‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal F...

Posted: Dec 05, 2025

‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal F...

Posted: Dec 05, 2025

People Moves: Affordable American Insurance Hires Haskett as Sales VP

Affordable American Insurance Inc. naned Ross Haskett vice president of sales. Haskett has a decade of experience in insurance-industry lending and agency financing, including senior leadership roles at Westfield Bank and Live Oak Banking Company. Hi...

Posted: Dec 05, 2025

Arizona Study Group Issues Report on Homeowners Insurance and Wildfire Risk

A report from a regulator-created group found that a multifaceted approach to addressing wildfires and lack of insurance affordability in Arizona should be tackled with a multifaceted approach that includes homeowners, communities and the state worki...

Posted: Dec 05, 2025

California AG Settles With National Sanitation Company Over No-Poach Agreements

California Attorney General Rob Bonta settled with a national cleaning and sanitation company to resolve allegations that the company used unlawful no poach agreements. The settlement is against Packers Sanitation Services Inc. LTD., now doing busine...

Posted: Dec 05, 2025

Wealthy County in New York Must Pay $112 Million Over Immigrant Rights Violations

New York’s Suffolk County, home to the ultra-wealthy Hamptons and the bucolic North Fork, must pay $112 million in damages to immigrants after a court ruled that their detention in local jails violated their rights. The Long Island county discl...

Posted: Dec 05, 2025

People Moves: Walsh to Become President, CEO of Keystone; SageSure Appoints Sence

Keystone, an Aon company headquartered in Mechanicsburg, Pennsylvania, will appoint Mike Walsh as president in the coming months. Patrick Kinney will continue to serve as CEO of the independent agency network and platform during this period. Once the...

Posted: Dec 05, 2025

Political Consultant Whose AI Robocalls Mimicked Biden Defies Court Order

A political consultant who sent artificial intelligence-generated robocalls mimicking former President Joe Biden to New Hampshire Democrats said he will not pay $22,500 to three voters despite a recent federal court order. The order, issued November...

Posted: Dec 05, 2025

TSLA Announces Election of Officers & Directors at 2025 Annual Meeting

The Texas Surplus Lines Association, Inc. announced the election of the following Officers and Directors at its 70th Annual Meeting held at the Four Seasons Hotel Austin on November 10, 2025. President – Terence Babler, Vice President, Property Broke...

Posted: Dec 04, 2025

Amynta Group Completes Acquisition of Louisiana’s International Sureties

Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-base...

Posted: Dec 04, 2025

Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says

The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 09...

Posted: Dec 04, 2025

People Moves: Westfield Specialty International Taps Zurich’s Watson to Lead New Cyber Offering; Lib...

This edition of International People Moves details appointments at Westfield Specialty International and Liberty Specialty Markets. A summary of these new hires follows here. Westfield Specialty Int’l Taps Zurich’s Watson to Lead New Cybe...

Posted: Dec 04, 2025

Applied Systems, Comulate Spar Over Trade Secret Theft Allegations

Competitors in the insurance technology market are now warring through litigation, with each company bringing hard-hitting allegations against the other. Late last month, insurance software provider Applied Systems sued Comulate on allegations that C...

Posted: Dec 04, 2025

Texas’ Camp Mystic Announces New Safety Upgrades Following Tragic Flood

The owners of an all-girls summer camp in the Texas Hill Country, where 25 campers and two teenage counselors died in catastrophic July 4 flooding, announced plans on Tuesday for new safety upgrades that will be in place when a …

Posted: Dec 04, 2025

ZestyAI’s Z-Water Approved in Five States

ZestyAI announced that its non-weather water risk model, Z-WATER, has been reviewed and accepted for use in underwriting and rating in Illinois, Indiana, Iowa, Louisiana, and Wisconsin. Insurers in these states will now be able to set property-specif...

Posted: Dec 04, 2025

King Risk Partners Acquires Ohio’s Arnold Insurance Agency

King Risk Partners announced the acquisition of Arnold Insurance Agency, an independent firm based in Reynoldsburg, Ohio. The Arnold Insurance Agency is recognized throughout Ohio as one of the premier providers of construction insurance, small busin...

Posted: Dec 04, 2025

Construction Firm Owner Pleads Guilty to $600K Workers’ Compensation Fraud

The owner of an iron and erection construction company was sentenced this week for underreporting payroll to avoid paying $600,000 in workers’ compensation policy premiums. According to Nassau County District Attorney Anne T. Donnelly, business...

Posted: Dec 04, 2025

Nevada Governor Signs Sweeping Crime Bill as State Seeks to Boost Tourism

Nevada Gov. Joe Lombardo signed his sweeping crime package into law over the weekend that will help revive a unique court program that barred offenders of some crimes from the Las Vegas Strip and will stiffen penalties for smash-and-grab robberies, &...

Posted: Dec 04, 2025

Trucordia Acquires Global Financial & Insurance Services

Trucordia today said it has acquired Global Financial & Insurance Services, a provider of tailored insurance and financial solutions for individual, families, and business in all 50 states. Terms of the deal were not disclosed. Felix Morgan, CEO...

Posted: Dec 04, 2025

Hedge Funds Get Jittery on Prospect of UK’s Noncompete Ban

The UK is reviving a plan to make it easier for employees to switch jobs, putting financial firms on edge, as some of the most controversial non-compete clauses in their hiring contracts come under scrutiny once again. The government published &#8230...

Posted: Dec 04, 2025

Putin Warns of Possible Strikes on Ukrainian Allies’ Ships

Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet doesn’t halt.”What the Ukrainian armed forces are doing now is piracy,” Putin tol...

Posted: Dec 04, 2025

Hong Kong Races to Remove Scaffolding Nets Blamed for Fueling Deadly Fire

Hong Kong authorities rushed on Thursday to remove mesh netting on all buildings undergoing renovation across the city after the material was blamed for fanning a blaze last week that has killed at least 159 people. The government late on …

Posted: Dec 04, 2025

People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the state’s leading provider of workers’ co...

Posted: Dec 04, 2025

People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board

Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the state’s leading provider of workers’ co...

Posted: Dec 04, 2025

The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

Despite clear evidence that plastic is clogging oceans and beaches and breaking down into microplastics that enter our bodies, humans are continuing to produce the material at accelerating rates. The result: Global plastic pollution will hit 280 mill...

Posted: Dec 04, 2025