Insurance Journal
Chemours, DuPont and Corteva have agreed to pay $875 million over 25 years to the State of New Jersey to settle environmental claims including pollution linked to PFAS, or “forever chemicals,” the companies said on Monday. Lawsuits accusi...
Posted: Aug 04, 2025
GEICO was the only one of Berkshire Hathaway’s major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2% rise in underwriting profit for the personal auto insurance operation was not...
Posted: Aug 04, 2025
High Noon announced a recall of vodka seltzer drinks that it says were mislabeled as Celsius energy drinks, according to a posting on the U.S. Food and Drug Administration’s website. “Consumption of the liquid in these cans will result in...
Posted: Aug 04, 2025
A small earthquake rattled the New York metropolitan area Saturday night. The U.S. Geological Survey said the tremor had a magnitude of 3.0. It hit in the New Jersey suburb of Hasbrouck Heights, less than 8 miles (13 kilometers) west …
Posted: Aug 04, 2025
The European Court of Justice on Friday dealt a blow to environmental groups trying to stop wind farms from being built in Spain’s northwestern Galicia region, in a ruling affecting billions of euros of investment. Companies developing wind far...
Posted: Aug 04, 2025
South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters in recent years led to bailouts from the government. The insurance being considered is parametric, a type of cover that …
Posted: Aug 04, 2025
The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor finance customers that were missold car loans, which it estimates could leave such lenders on the hook for at least …
Posted: Aug 04, 2025
This post is part of a series sponsored by Expert Insured. Your underwriters want to quote-fast. But instead, they’re sifting through messy emails, chasing missing info, and trying to clean up broker submissions just to get started. That bottle...
Posted: Aug 04, 2025
AAA – The Auto Club Group (ACG), headquartered in Dearborn, Michigan, added three senior leaders. Vincent Fusco joined ACG as executive vice president, chief distribution officer. Fusco will oversee insurance and direct sales, including those of Mich...
Posted: Aug 04, 2025
The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed f...
Posted: Aug 04, 2025
Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to …
Posted: Aug 04, 2025
A Spanish developer is planning an $880 million workforce housing project in Miami that would include more than 4,000 apartments, childcare, and even a test kitchen — an ambitious bid to offer below-market housing in a city known for ultra-luxury ...
Posted: Aug 04, 2025
SHREWSBURY, Pa. (AP) — A truckload of hot dogs spilled across a Pennsylvania interstate Friday after a crash that briefly clogged the heavily traveled artery in both directions. Crews were stuck with a job they did not relish — rolling …
Posted: Aug 04, 2025
Marsh McLennan Agency acquired Olympic Insurance Agency in a Simi Valley, California. All Olympic employees, including principals Don and Bob Barberie, will remain working out of their existing Simi Valley office. Olympic primarily provides business...
Posted: Aug 04, 2025
A federal judge in Texas largely denied a request by the world’s largest asset managers to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how the U.S. ̷...
Posted: Aug 04, 2025
More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies, according to the California gove...
Posted: Aug 04, 2025
More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies, according to the California gove...
Posted: Aug 04, 2025
The pilots of a U.S. Army helicopter that collided with a passenger jet over Washington in January would’ve had difficulty spotting the plane while wearing night vision goggles, experts told the National Transportation Safety Board on Friday. T...
Posted: Aug 03, 2025
By Ezra Amacher Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory letter to in...
Posted: Aug 03, 2025
In today’s competitive market, independent insurance agencies are under increasing pressure to grow. Organic growth is harder to achieve, client expectations are evolving, and technology is reshaping how agencies operate. The agencies that succ...
Posted: Aug 03, 2025
This year marks the 21st annual publication of Insurance Journal’s Top 100 Independent Agencies special report. Nearly all of the firms in the Top 100 saw notable increases in total property/casualty revenue year-over-year. From 2023 to 2024 th...
Posted: Aug 03, 2025
This hard market is the longest and hardest in generations. Historically, hard markets occurred every seven years or so and lasted two to three years. Agents that sold price and represented carriers who sold price worked hard during the soft …
Posted: Aug 03, 2025
For many young professionals, the insurance industry isn’t exactly top of mind when plotting a career path. But for 23-year-old twins Sam and Noah Zickefoose, it’s where they’ve found purpose, opportunity, and a surprising sense of...
Posted: Aug 03, 2025
In urban centers across the U.S., property owners and managers are welcoming a return to pre-2020 levels of foot traffic in retail corridors, mixed-use developments, and multifamily buildings. While this rebound signals a healthy recovery for local e...
Posted: Aug 03, 2025
By Ezra Amacher Mark Gilmartin grew up around golf, playing in national tournaments from a young age and competing in college. When his amateur golf career didn’t translate into a spot on the professional tour, he turned his love of …
Posted: Aug 03, 2025