Insurance Journal

Viewpoint: What Tariffs and Steel Prices Mean for E&S Construction Insurance in California

Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon. While much attention is paid to how rising material costs impact builders an...

Posted: Apr 24, 2025

Viewpoint: What Tariffs, Steel Prices Mean for E&S Construction Insurance in California

Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon. While much attention is paid to how rising material costs impact builders an...

Posted: Apr 24, 2025

A California New Car Group is Suing Volkswagen and Affiliate for Violating Franchise Laws

The California New Car Dealers Association filed a lawsuit against Volkswagen and its affiliate, Scout Motors, for allegedly violating California’s franchise laws. The CNCDA lawsuit, filed in in San Diego County Superior Court, asserts that Vol...

Posted: Apr 24, 2025

A California New Car Group Sues Volkswagen and Affiliate for Violating Franchise Laws

The California New Car Dealers Association filed a lawsuit against Volkswagen and its affiliate, Scout Motors, for allegedly violating California’s franchise laws. The CNCDA lawsuit, filed in in San Diego County Superior Court, asserts that Vol...

Posted: Apr 24, 2025

Maryland Slashes Damages Amount Allowed in Child Sex Abuse Cases

Maryland, which in 2023 passed the Child Victims Act (CVA) that allows survivors who were victims of sexual abuse as minors to sue their abusers anytime, has now cut by half the amounts that may be awarded in such claims. …

Posted: Apr 24, 2025

Maryland Slashes Damages Amounts Allowed in Child Sex Abuse Cases

Maryland, which in 2023 passed the Child Victims Act (CVA) that allows survivors who were victims of sexual abuse as minors to sue their abusers anytime, has now cut by half the amounts that may be awarded in such claims. …

Posted: Apr 24, 2025

Transforming MGA and Wholesaler Accounting with Expert Insured’s Tailored Accounting Solution

This post is part of a series sponsored by Expert Insured. Accounting is often one of the most challenging aspects of managing an MGA or wholesaler operation. Built on 15 years of proven use by insurance professionals, Expert Insured’s accounti...

Posted: Apr 23, 2025

Texas-Based Insurtech Steadily Secures $30M Series C Round

Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves 18 million individual rental property owners who collectively own the majority of...

Posted: Apr 23, 2025

Insurance Industry Charitable Foundation Establishes Minnesota Chapter

The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest Division. Based in Minneapolis a...

Posted: Apr 23, 2025

Texas Farmers Fear Proposed Legislation Could Devastate Hemp Economy

Andrew Hill, who studied and farmed hemp in California before it was legal in Texas, was a keynote speaker at the state’s first-ever agricultural hemp expo in Dallas in 2019. Amid considerable hype and excitement that followed the recent federa...

Posted: Apr 23, 2025

Class Action Accuses Toyota of Illegally Sharing Drivers’ Data with Progressive

A federal class action lawsuit filed this week in Texas accuses Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connecte...

Posted: Apr 23, 2025

Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive

A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connecte...

Posted: Apr 23, 2025

Delta Plane Catches Fire at Orlando Airport in Latest Incident for Airline

ORLANDO, Fla. (AP) — A Delta Air Lines airplane caught fire on Monday before it was supposed to take off at a central Florida airport, forcing the evacuation of passengers, airport officials said. There were no reports of any injuries …

Posted: Apr 23, 2025

Minnesota Senior Living Facility Fined $73K for Pregnancy Discrimination

White Pine Senior Living, an assisted living facility in Minnesota, has agreed to pay $73,000 and provide other equitable relief to settle a pregnancy discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (E...

Posted: Apr 23, 2025

Outsourcing Firm to Pay $250K For Discriminating Against Blind Employee in Texas

The Results Companies, A business services outsourcing firm agreed to pay $250,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s sui...

Posted: Apr 23, 2025

Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California

Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic cove...

Posted: Apr 23, 2025

Researchers Testing Textured Seawall in Miami to Hold Back Rising Seas

Morningside Park, a beloved neighborhood park in Miami with sweeping views of Biscayne Bay, will soon pilot an innovative approach to coastal resilience. BIOCAP tiles, a 3D-printed modular system designed to support marine life and reduce wave impact...

Posted: Apr 23, 2025

Markel Insurance Restructures US, Bermuda Operations, With Leadership Appointments

Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon...

Posted: Apr 23, 2025

Markel Insurance Restructures Markel Specialty, Appoints Leaders

Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon...

Posted: Apr 23, 2025

Jury Again Finds NY Times Not Liable in Sarah Palin Defamation Case

A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial. …

Posted: Apr 23, 2025

Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Ban...

Posted: Apr 23, 2025

FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024

Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The losses—a one-third increase over 2023—were largely driven by low tech scams, such...

Posted: Apr 23, 2025

New Jersey Wildfire Forces 3,000 to Evacuate, Threatens 1,320 Structures in Ocean County

A major wildfire in southern New Jersey’s Ocean County expanded last night and has led to the evacuation of 3,000 people and is threatening more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. …

Posted: Apr 23, 2025

New Jersey Wildfire Forces 3,000 to Evacuate, Threatens 1,320 Structures

A major wildfire in southern New Jersey’s Ocean County expanded last night and has led to the evacuation of 3,000 people and is threatening more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. …

Posted: Apr 23, 2025

Update on New Jersey Wildfire: 30% Contained, Evacuation Orders Lifted

A major wildfire in southern New Jersey’s Ocean County expanded last night, leading to the evacuation of 5,000 people and threats to more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. that about &#8230...

Posted: Apr 23, 2025