Insurance Journal

Musk, X Corp to Settle $500M Lawsuit Over Twitter Firings

Elon Musk and his social media company X Corp have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay. Attorneys for X Corp and the former …

Posted: Aug 25, 2025

North Carolina Supreme Court Says Bars’ COVID Lawsuits Against State Can Continue

The North Carolina Supreme Court issued favorable rulings Friday for bars and their operators in litigation seeking monetary compensation from the state for COVID-19 restrictions first issued by then-Gov. Roy Cooper that shuttered their doors and, in...

Posted: Aug 25, 2025

NHTSA Probes More Than 1.4 Million Honda Vehicles Over Engine Failure

The National Highway Traffic Safety Administration is opening a probe into more than 1.4 million Honda 7267.T vehicles sold in the United States over concerns that connecting rod bearing failures in their engines could lead to complete engine failure...

Posted: Aug 25, 2025

Ransomware Hack Hits Orange Telecom, Data Published on Dark Web

A criminal hacking gang has stolen business customer data from French telecommunications company Orange SA and posted it online, according to people familiar with the matter. The breach, which Orange disclosed and reported to national authorities at...

Posted: Aug 25, 2025

Kazakhstan Presses on With $4 Billion Sulfur Fine on Oil Majors

Kazakhstan’s environmental-protection ministry told oil majors operating in the country they have 40 days to pay a multibillion-dollar fine for sulfur pollution, a blow to the producers who claimed victory in the case weeks ago. At the start of...

Posted: Aug 25, 2025

Aging US Railroad Bridges Are Self-Inspected and Findings Are Kept Secret

The fire burned for about nine hours, billowing smoke and scorching the wooden trestles of a nearly 75-year-old railroad bridge that spans the Marys River in Corvallis, home to Oregon State University. Long after the flames died out, Michelle Emmons,...

Posted: Aug 25, 2025

Australia Has Banned 3 ‘Forever Chemicals’ – but Europe Wants to Ban all 14,000

Last month, Australia’s ban on the import, use and manufacture of three types of “forever chemical” came into effect. These chemicals – PFOA, PFOS and PFHxS – have long lifespans and resist breaking down. They’re considered ha...

Posted: Aug 25, 2025

Typhoon Kajiki Nears Vietnam, Bringing Strong Winds and Rain

Typhoon Kajiki is set to make landfall along Vietnam’s northern coast on Monday, after gathering strength over the weekend as the system tracked west across warm ocean waters. The storm was 145 kilometers (90 miles) east of Ha Tinh city …

Posted: Aug 25, 2025

Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers

Tighter in-office mandates and the high cost of eating out are driving more workers to corporate cafeterias, where upgraded amenities and better food are used to lure staff back. That’s boosting volumes and growth prospects for caterers, includ...

Posted: Aug 25, 2025

FTC Chair Warns Tech Firms Not to Weaken Data Privacy to Comply With EU, UK Laws

The chairman of the U.S. Federal Trade Commission warned Apple, Alphabet, and other technology companies that efforts to comply with British and European digital content laws could violate U.S. law if they weaken privacy and data security protections...

Posted: Aug 25, 2025

Alabama Court Cuts Tax Bill for Remote-Working Adjuster, But Questions Remain

Claims adjusters, many of whom work remotely and travel extensively, can take heart from a recent Alabama court ruling, knowing that they may not have to pay the state’s income taxes, even if the adjusting firm is based in that …

Posted: Aug 25, 2025

Waymo Gets Green Light to Test Robotaxis in Manhattan and Brooklyn

New York City is allowing the robotaxi company Waymo to test a few of its autonomous vehicles in Manhattan and downtown Brooklyn, officials said Friday as the technology picks up in popularity in other metro areas. The company will start …

Posted: Aug 25, 2025

NFL Boosts Security at Offices Following Shooting That Killed 4 Last Month

The NFL has increased security at its offices following a shooting last month at a Manhattan building by a gunman authorities say was targeting league headquarters. “We are working with the building and the other tenants within the building on...

Posted: Aug 25, 2025

Owner of Water Machine Manufacturer and Two Companies Charged in $275 Million Fraud Scheme

The Securities and Exchange Commission has charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between September 2016 and February...

Posted: Aug 25, 2025

Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme

The Securities and Exchange Commission has charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between September 2016 and February...

Posted: Aug 25, 2025

Heat Draws Visitors to Death Valley, Where It’s Tough to Communicate Risk

Ray Estrada’s 11-year-old grandson is used to Las Vegas’ scorching summers, but he’d always wanted to experience the heat in one of the Earth’s hottest places. So Estrada recently drove him to Death Valley National Park, with...

Posted: Aug 25, 2025

Tour Bus Rollover Kills 5 on Highway in Western New York

A tour bus returning to New York City from Niagara Falls with 54 people aboard crashed and rolled on its side Friday on an interstate highway, killing five passengers and injuring many others, authorities said. The driver apparently became distracted...

Posted: Aug 24, 2025

Missouri’s Mutual Insurance Companies Report Stronger Results in 2024

The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In 2024, mutuals managed 205,000 p...

Posted: Aug 22, 2025

AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern Farm Bureau Casualty Insuran...

Posted: Aug 22, 2025

Be Recognized as a Best Agency to Work For: Submit Now

Is your agency a great place to work? Would you call your agency a “Best Place to Work?” Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you...

Posted: Aug 22, 2025

Rural California Wine Country Fire Burning Out of Control

Firefighters will battle intense heat and dry weather Friday as they work to control a fast-moving blaze in the heart of California’s wine country. The Pickett Fire exploded in the hills above the tourist town of Calistoga in the Napa …

Posted: Aug 22, 2025

People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MG...

This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance...

Posted: Aug 22, 2025

New Jersey Compensation Bureau Back Online After Cyber Incident

The New Jersey Compensation Rating & Inspection Bureau is mostly back online following a cybersecurity event that caused it to shut down its network more than two weeks ago. The workers’ compensation agency said it “experienced suspic...

Posted: Aug 22, 2025

Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse

The U.S. gymnastics world was only just recovering from a devastating sexual abuse scandal when a promising young coach moved from Mississippi to Iowa to take a job in 2018 at an elite academy known for training Olympic champions. Liang …

Posted: Aug 22, 2025

Postal Services Across Globe Pause US Deliveries as Tariff Shift Sows Confusion

Postal services across the world are suspending parcel deliveries to the US, citing confusion about how to process millions of low-value packages that will lose their duty-free treatment next week. As of Aug. 29, President Donald Trump is ending the...

Posted: Aug 22, 2025