Insurance Journal
September turned out to be a slumber for hurricane watchers. For the first time in a decade, the month of September produced no hurricane landfalls in the United States. Seven of the previous eight years this occurred, no hurricane made …
Posted: Oct 01, 2025
This edition of International People Moves details appointments at AXA XL Reinsurance and Aon. A summary of these new hires follows here. AXA XL Reinsurance Appoints Kopf From Swiss Re as Senior Underwriter Aviation AXA XL Reinsurance announced that...
Posted: Oct 01, 2025
Missouri Attorney General Catherine Hanaway announced today that her Office has filed felony charges against a St. Peters insurance agent following an investigation into deceptive practices. Pamela Walsh faces nine counts of Deceptive Business Practi...
Posted: Oct 01, 2025
World Insurance Associates LLC announced that it acquired the business of ACB Insurance Inc. (“ACB”) of Indianapolis, Indiana on June 1, 2025. Terms of the transaction were not disclosed. ACB provides insurance to individuals, families an...
Posted: Oct 01, 2025
The U.S. Occupational Safety and Health Administration has fined a Florida commercial painting contractor $877,000 – one of the largest OSHA fines in recent years – six months after a worker fell from a bridge near Savannah, Georgia. Seminole Equipme...
Posted: Oct 01, 2025
Geopolitical volatility has surged into a top 10 business risk with cyber risk remaining the number one concern globally, followed by business interruption at number two, according to Aon’s 2025 Global Risk Management Survey, which has tracked...
Posted: Oct 01, 2025
AM Best has affirmed its Performance Assessment of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. of Boston. AM Best said the outlook of the assessment is stable. The ratings firm said its PA-3 assessment of the Massachusetts-based managing...
Posted: Oct 01, 2025
The closure of the federal government will curtail or halt some US climate disaster preparedness and environmental programs — and even potentially delay real estate transactions within the nation’s flood zones. That’s because the major so...
Posted: Oct 01, 2025
Southern Trust Insurance, a 57-year-old boutique property-casualty insurer with headquarters in Macon, Georgia, has appointed Douglas Jensen president and chief executive officer. Jensen, with more than 30 years in insurance industry leadership roles...
Posted: Oct 01, 2025
The Connecticut family of one of the 67 people killed when an airliner collided with an Army helicopter over Washington, D.C., sued the government and the airlines involved last week, saying they didn’t recognize the warning signs after more th...
Posted: Oct 01, 2025
A commercial truck driver accused of making an illegal U-turn that killed three people on a Florida highway last month waived his first appearance hearing Monday and entered a not guilty plea, court records show. Harjinder Singh, a 28-year-old native...
Posted: Oct 01, 2025
At least 69 people were killed and more than 100 injured after a 6.9 magnitude earthquake struck central Philippines Tuesday night, flattening buildings, as officials hastened search and rescue efforts. Most of the deaths happened as people were crus...
Posted: Oct 01, 2025
Europe’s biggest weather forecaster is reporting record demand for its data, as energy traders, insurers, shipping lines and tech companies rush to improve the accuracy of their AI models.In 2024, the number of commercial firms buying licenses...
Posted: Oct 01, 2025
Vietnam’s government said Typhoon Bualoi caused an estimated 8 trillion dong ($303 million) of property damage this week, saying in a preliminary assessment on Wednesday that nearly 170,000 houses were damaged or inundated by flooding. Bualoi m...
Posted: Oct 01, 2025
The US labor board has abandoned its allegations that Apple Inc. Chief Executive Officer Tim Cook violated federal labor law, one of many cases where the agency is adopting a more business-friendly approach under President Donald Trump. In a Sept. &#...
Posted: Oct 01, 2025
For dealmakers across the world, the third quarter was one of the best and one of the worst in recent history. Megadeals tallied a stunning $1.26 trillion in global mergers and acquisitions during the third quarter – up 40% year …
Posted: Oct 01, 2025
A hacker gained access to the Federal Emergency Management Agency’s computer networks for several months earlier this year and stole information about FEMA and US Customs and Border Protection employees, according to an overview of the incident...
Posted: Oct 01, 2025
The U.S. agency that enforces workplace anti-discrimination laws sued Apple on Tuesday, claiming the manager of a retail store made antisemitic comments and denied a Jewish employee’s requests for time off before firing him. The Equal Employmen...
Posted: Oct 01, 2025
Washington’s minimum wage will rise 2.8% next year to $17.13 per hour. The Washington State Department of Labor & Industries announced the increase, which takes effect Jan. 1, 2026. State law requires L&I to calculate the minimum wage f...
Posted: Oct 01, 2025
Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manh...
Posted: Oct 01, 2025
A pipeline operator is settling with the U.S. Environmental Protection Agency over a massive gasoline spill in in Walnut Creek, California. Under an agreement, SFPP L.P. will pay a penalty of $213,560 to resolve claims of Clean Water Act violations &...
Posted: Oct 01, 2025
This post is part of a series sponsored by IAT Insurance Group. In early 2025, a 30,000-square-foot steel warehouse full of storage was destroyed by fire — and deemed a total loss. The building, located in the Southwest, was well …
Posted: Sep 30, 2025
California Gov. Gavin Newsom signed an executive order he said will help mitigate the impacts and better allocate the costs of natural disasters while stabilizing the insurance market and energy utility sector. The executive order calls for multiple...
Posted: Sep 30, 2025
Employee benefits firm Freimark & Associates has partnered with Leavitt Heartland Insurance, a Leavitt Group affiliate with offices across South Dakota. The partnership expands insurance options for clients of both agencies. Freimark & Associ...
Posted: Sep 30, 2025
AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of the members o...
Posted: Sep 30, 2025