Insurance Journal

Ford Recalling 4.3 Million US Vehicles Over Software Issue

Ford Motor Thursday it is recalling 4.3 million pickup trucks and SUVs in the U.S. because a software error may cause trailer brakes not to function and exterior lights to fail. The U.S. automaker said the recall covers the 2021 …

Posted: Feb 27, 2026

Walmart to Pay $100 Million to Settle FTC Case on Driver Wages

Walmart Inc. agreed to pay $100 million Thursday to settle a lawsuit by the US Federal Trade Commission and a group of states alleging the company withheld tips and misrepresented wages to drivers who deliver orders as part of its …

Posted: Feb 27, 2026

Hacker Used Anthropic’s Claude to Steal Mexican Data Trove

A hacker exploited Anthropic PBC’s artificial intelligence chatbot to carry out a series of attacks against Mexican government agencies, resulting in the theft of a huge trove of sensitive tax and voter information, according to cybersecurity r...

Posted: Feb 27, 2026

People Moves: Byrd Joins Alliant as Employee Benefits SVP in North Carolina

Byrd Joins Alliant as Employee Benefits SVP in North Carolina Backed by over 25 years of experience, Steve Byrd joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based...

Posted: Feb 27, 2026

Florida Appeals Court Pulls the Plug on Physician Dispensing in Workers’ Comp

For more than a decade, insurance companies and physician groups have battled it out over the true meaning of Florida statutes: Are doctors considered pharmacists, allowed to dispense medications to injured workers, often at a higher price? A Florida...

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against U.S. Workers, Says U.S. Civil Rights Unit

The Department of Justice reported it has secured a settlement agreement with a Virginia information technology (IT) services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against US.Workers, Says US Civil Rights Unit

The Department of Justice reported it has secured a settlement agreement with a Virginia information technology (IT) services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against US Workers, Says Civil Rights Unit

The Department of Justice (DOJ) reported it has secured a settlement agreement with a Virginia information technology services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

New York Sues Video Game Developer Valve, Says Its ‘Loot Boxes’ Are Gambling

New York’s attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of promoting illegal gambling and threatening to addict children through its use of “loot boxes.&#...

Posted: Feb 27, 2026

OSHA Penalizes Businesses Over 6 Deaths at Colorado Dairy

Federal workplace safety regulators penalized three businesses over their failure to protect six Colorado dairy workers who were killed by exposure to highly toxic hydrogen sulfide gas after a manure pipe disconnected in an enclosed space. The U.S. O...

Posted: Feb 27, 2026

SPG Acquires Property Specialist Proper in Montana

Specialty Program Group LLC has acquired Proper Insurance headquartered in Bozeman, Montana. As part of the transaction, Michael Grimland has been named president of Proper. Grimland will lead the business and oversee day-to-day operations, underwrit...

Posted: Feb 27, 2026

Gas Explosion Engulfs House in Flames, Injures Mother and Child in Massachusetts

Firefighters in Massachusetts were investigating an explosion Wednesday that left a house engulfed in flames and at least two people injured, authorities said. Emergency workers responded to the fire at the three-family home about 9:50 a.m., fire off...

Posted: Feb 27, 2026

Court Tosses Judgment Blaming Montana Asbestos Deaths on BNSF

A federal appeals court has overturned a judge’s finding that BNSF Railway contributed to the deaths of two people in a Montana mining town where thousands have been sickened by asbestos exposure. Following a civil trial, a jury in 2024 …

Posted: Feb 27, 2026

Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That

Connecticut is taking an unusual step to confront a growing national problem: flood maps that lag reality. The state has launched a public climate-risk mapping tool where residents can see the estimated flood exposure of their property — along with &...

Posted: Feb 27, 2026

Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That.

Connecticut is taking an unusual step to confront a growing national problem: flood maps that lag reality. The state has launched a public climate-risk mapping tool where residents can see the estimated flood exposure of their property — along with &...

Posted: Feb 27, 2026

State Farm Inked $1.5B Underwriting Profit for 2025 but HO Loss Persists

State Farm reported an underwriting gain of $1.5 billion for its property/casualty businesses in 2025, representing a turnaround from an underwriting loss of more than $6 billion in 2024—and more than $10 billion of underwriting losses in each of the...

Posted: Feb 27, 2026

Fidelis Insurance Group to Rebrand as Pelagos Insurance Capital in 2026

Fidelis Insurance Holdings Ltd., the Bermuda-based risk selector in specialty insurance and reinsurance, announced it intends to change its name to Pelagos Insurance Capital Ltd. It is expected to begin trading under the new ticker symbol (NYSE: PLGO...

Posted: Feb 26, 2026

Fidelis Insurance Group to Rebrand as ‘Pelagos Insurance Capital’ in 2026

Fidelis Insurance Holdings Ltd., the Bermuda-based risk selector in specialty insurance and reinsurance, announced it intends to change its name to Pelagos Insurance Capital Ltd. It is expected to begin trading under the new ticker symbol (NYSE: PLGO...

Posted: Feb 26, 2026

Minnesota Resolves Suit Against Fleet Farm for Negligent Firearm Sales

Minnesota Attorney General Keith Ellison announced that he has resolved the October 2022 lawsuit he filed on behalf of the State of Minnesota against retail chain Fleet Farm for negligently selling firearms to straw purchasers. The consent judgment w...

Posted: Feb 26, 2026

‘Meaningful Decline’ in Industry Q1 Underwriting Profit Expected From Winter Storms

Another tough first quarter is in store for insurers when it comes to catastrophe losses—though not as severe as a year ago from the California wildfires. According to industry rating agency AM Best, insurance losses from the two major winter …

Posted: Feb 26, 2026

Relation Acquires Illinois’ Thorn Creek

Relation Insurance Services announced their acquisition of the assets of Thorn Creek Insurance Services Inc. The transaction went into effect on January 31, 2026; terms of the transaction were not disclosed. Headquartered in Springfield, Illinois, Th...

Posted: Feb 26, 2026

Families of Flood Victims Texas Over Camp Mystic Disaster Response

Texas health officials failed to follow state law when they licensed Camp Mystic without making sure it had an evacuation plan, parents of nine children and counselors who died in the July 4 flood allege in a new federal lawsuit. …

Posted: Feb 26, 2026

Lead Detected in New Orleans Homes Amid Delayed Pipe Replacement

Each morning, Katherine Prevost fills her coffee maker with water from her kitchen faucet and presses the button. Until recently, she didn’t know the water may have contained a potent neurotoxin — lead. She was shocked when a water test …

Posted: Feb 26, 2026

Insurers See Themselves Shielded From Private Credit Worries

Top executives at some of Europe’s biggest insurance companies acknowledged widespread concern about private credit while seeking to reassure investors about their own investments in the asset class. Markets are worried “that when things...

Posted: Feb 26, 2026

EU Seeks G7 Coordination on Maritime Services Ban on Russian Seaborne Oil

The European Union needs to coordinate its plan to impose a full maritime services ban on Russia’s seaborne crude oil exports with other G7 countries before pushing ahead with the measure, the EU’s sanctions envoy said on Thursday. The Eu...

Posted: Feb 26, 2026