Insurance Journal

Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station

An Indianapolis man has been sentenced to eight years in federal prison after pleading guilty to setting fire to an IndyGo bus and bus station, causing approximately $1.8 million in damage. Demarcus McCloud, 46, was sentenced to eight years in &#8230...

Posted: Aug 01, 2025

Oklahoma Man Charged with Damaging TV Station’s Weather Radar

An Oklahoma man is facing charges for damaging the weather radar equipment of a local TV station, the office of Attorney General Gentner Drummond announced. Anthony Tyler Mitchell, 39, allegedly vandalized the power supply of News 9’s NextGen l...

Posted: Aug 01, 2025

People Moves: CFC Appoints Laudadio US Healthcare Practice Leader

CFC, a specialist insurance provider headquartered in London, appointed Kyle Laudadio as healthcare practice leader in the U.S. Laudadio will lead the expansion of strategic broker relationships onshore in the U.S. Laudadio has over 15 years of indus...

Posted: Aug 01, 2025

EEOC Sued Over Handling of Transgender Worker Discrimination Complaints

Legal groups sued the U.S. Equal Employment Opportunity Commission on July 29, claiming it is unlawfully refusing to enforce federal workplace protections for transgender workers. Led by Acting Chair Andrea Lucas, a Republican, the federal agency cha...

Posted: Aug 01, 2025

US Reversal on Key Climate Finding Spells Uncertainty for Business

The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, acco...

Posted: Aug 01, 2025

Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings

Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite questions about irregularities by...

Posted: Aug 01, 2025

Demolition Begins on Last Pieces of Baltimore’s Collapsed Key Bridge

Demolition crews are using giant saws, backhoes and other heavy equipment to remove large sections of the remaining pieces of Baltimore’s Francis Scott Key Bridge, which collapsed last year after a container ship lost power and veered off cours...

Posted: Aug 01, 2025

Assisted Living Facility Where 10 Died in Fire Was Cited for Mistreatment

A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators. The documents obtained by The Associated Pre...

Posted: Aug 01, 2025

Insurer’s $120M Contribution Finalizes Rochester Diocese Claims Fund

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …

Posted: Aug 01, 2025

As the Floods Hit, Kerrville Officials’ Messages Show Lack of Information About What Was Coming

As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about pub...

Posted: Aug 01, 2025

CNA’s $120M Contribution Finalizes Rochester Diocese Claims Fund

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …

Posted: Aug 01, 2025

Kerrville Officials’ Messages Show Lack of Information About Coming Floods

As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about pub...

Posted: Aug 01, 2025

Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion

The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians a...

Posted: Aug 01, 2025

Former Insurance Agent Arraigned in Investment Scam for Fake Cannabis Business

Formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges invol...

Posted: Aug 01, 2025

Former Insurance Agent Arraigned in Scam for Fake Cannabis Business

A formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges inv...

Posted: Aug 01, 2025

Two Men Charged with Staging Car Crashes for Insurance Money in New York City

Two Brooklyn men have been charged with staging three automobile accidents and then seeking insurance payouts from Allstate Insurance Co. for damages and purported injuries. Queens District Attorney Melinda Katz announced that Jaime Huiracocha and Vi...

Posted: Aug 01, 2025

Uber Says New New York City Courier Rule ‘Singles Out’ Immigrant Workers

Uber Technologies Inc. is pushing back on a new NYC proposal requiring delivery app workers to display company-issued identification numbers on reflective vests, saying it “singles out” immigrant workers for “heightened surveillance...

Posted: Aug 01, 2025

Uber Says New York City Courier Rule ‘Singles Out’ Immigrant Workers

Uber Technologies Inc. is pushing back on a new NYC proposal requiring delivery app workers to display company-issued identification numbers on reflective vests, saying it “singles out” immigrant workers for “heightened surveillance...

Posted: Aug 01, 2025

Delta Jet Makes Emergency Landing After Severe Turbulence Injures 25

At least two dozen people were taken to hospitals after a Delta Air Lines Inc. flight hit severe turbulence that forced it to make an emergency landing in Minneapolis. Delta Flight 56 was less than an hour into its nine-hour …

Posted: Aug 01, 2025

California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order...

Posted: Jul 31, 2025

California Commissioner Takes Action Against FAIR Plan for Smoke Damage Claims

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order...

Posted: Jul 31, 2025

No Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco

Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service,...

Posted: Jul 31, 2025

PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand

PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France, Germany, Ireland, Italy, Lu...

Posted: Jul 31, 2025

Broker WTW Beats Q2 Profit Estimates on Robust Product Demand

Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business. Despite rising premium costs, businesses increased spending on insurance products as they priori...

Posted: Jul 31, 2025

UK Air-Traffic Outage Caused by Radar Canceled 150 Flights

The air-traffic control outage that disrupted UK flights on Wednesday afternoon was caused by an unspecified radar-related issue, leading to more than 150 canceled flights in one of the busiest travel periods of the year. The service interruption res...

Posted: Jul 31, 2025