Insurance Journal
NI Holdings, Inc., headquartered in Fargo, North Dakota, appointed and promoted new leadership. Kevin Elfstrand has been promoted to senior vice president and chief accounting officer. He will continue to oversee the accounting department and lead ex...
Posted: May 28, 2025
The Texas Senate advanced a bill Tuesday that will expand the conditions eligible for the state’s medical marijuana program, including chronic pain and Crohn’s disease, and allow for vaporized and aerosol products to be sold by prescripti...
Posted: May 28, 2025
A new study by the Workers Compensation Research Institute (WCRI) illustrates how rising inflation has impacted the system in recent years. The 2025 edition of the WCRI Medical Price Index for Workers’ Compensation, authored Dr. Rebecca Yang an...
Posted: May 28, 2025
Gov. Ned Lamont recently signed into law legislation (Senate Bill 1426) making several updates to the Connecticut Firefighters Cancer Relief Program, including adding skin cancer to the types of cancer covered under the program, and modifying the lan...
Posted: May 28, 2025
The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in th...
Posted: May 28, 2025
Lake Mary, Florida-based Trident Reciprocal Exchange, launched in 2024, recently named Ryan Hodges chief executive officer. Hodges has 25 years in the property and casualty insurance business and was previously vice president of commercial insurance...
Posted: May 28, 2025
A fiery boat explosion near Fort Lauderdale, Florida, on Memorial Day sent 11 people to the hospital, many suffering from burns, officials said Tuesday. The 39-foot (12-meter) Sea Ray boat had 15 people on board when the explosion happened at …
Posted: May 28, 2025
Ford Motor is recalling 1,075,299 vehicles in the United States over an issue that may prevent the rearview camera from displaying images increasing the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday. The recall...
Posted: May 28, 2025
Ford Motor is recalling nearly 1.1 million vehicles in the United States because rearview cameras may not display images due to a software issue, increasing the risk of a crash. The recall covers some 2021 through 2024 model year Bronco, …
Posted: May 28, 2025
This edition of International People Moves details appointments at AXIS Capital Holdings and Chaucer Group. A summary of these executive moves follows here. AXIS Restructures Global Markets Team AXIS Capital Holdings Ltd., the Bermuda-based re/insure...
Posted: May 28, 2025
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The ...
Posted: May 28, 2025
A German court on Wednesday threw out a Peruvian farmer’s lawsuit seeking damages from RWE for the German energy utility’s alleged role in putting his home at risk through climate change. The court said no appeal was possible in the ̷...
Posted: May 28, 2025
NN Group NV is replacing pre-programmed chat bots in client-facing roles with a version that can interact more naturally with humans, further evidence of the continued but uneven roll-out of artificial intelligence in financial services. The insuranc...
Posted: May 28, 2025
Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of its commercial insurance operations in the country to Definity Financial in a deal valued at $2.4 billion. The transaction adds to a …
Posted: May 28, 2025
A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial intelligence makes attacks more...
Posted: May 28, 2025
Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its chair told …
Posted: May 28, 2025
Charlotte-based Skyla Insurance Services, a subsidiary of Skyla Credit Union, has acquired Policyline Insurance, an employee benefits and insurance brokerage in the Carolinas. The acquisition strengthens Skyla’s ability to provide Skyla Credit...
Posted: May 28, 2025
As colleges and universities prepare to legally pay athletes for the first time in National Collegiate Athletic Association history, collegiate sports programs are exploring insurance policies designed to mitigate the risks that come with dishing out...
Posted: May 28, 2025
A new Alabama study of hurricane-affected homes sends a clear message to insurers and homeowners nationwide: climate-resilient construction methods can protect homes, and save a lot of money. The first-of-its-kind analysis, released this week, review...
Posted: May 28, 2025
Immigration officials said Tomás Hernández worked in high-level posts for Cuba’s foreign intelligence agency for decades before migrating to the United States to pursue the American dream. The 71-year-old was detained by federal agents outside...
Posted: May 28, 2025
A farm labor contractor was fined $1.25 million for operating without a license and failing to provide nearly 5,000 workers with required employment details. The fine was issued by the Washington State Department of Labor & Industries following a...
Posted: May 28, 2025
The city of Boston is immune from liability for a shooting that took place at a city school in 2022 even though the school’s improper use of its metal detectors allowed the shooter to enter the school with a firearm. …
Posted: May 28, 2025
Alaska’s largest city has reached a $2.1 million settlement with the family of a 16-year-old girl who was holding a knife last August when she was fatally shot by a police officer. Anchorage Mayor Suzanne LaFrance’s office said in a ̷...
Posted: May 28, 2025
A New Hampshire town’s attempt to force a bakery to remove or alter its painting that shows sunbeams shining down on a mountain range of doughnuts, a muffin, a cinnamon roll and other pastries is unconstitutional, a judge ruled in …
Posted: May 28, 2025
Criswell Chevrolet, Inc., a Maryland car dealership group, violated federal law by refusing to allow a parts department worker to have a service dog at work as a reasonable accommodation for his post-traumatic stress disorder (PTSD) resulting from co...
Posted: May 28, 2025