Insurance Journal

Jury Awards $205M to Parents of Girl Who Fell to Death at Colorado Amusement Park

A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped into a ride. The verdict was reached in Glenwood Springs, where Wongel Estifanos …

Posted: Sep 26, 2025

Robbery, Grow Lights and Lounges Among Top Cannabis Industry Risks

From cultivation to cash registers, cannabis-related claims can face special challenges. When asked about the biggest exposures in the cannabis industry, Beth Ossino, claims manager at Golden Bear Insurance Company, pointed to theft and robbery. Duri...

Posted: Sep 26, 2025

People Moves: Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK; Ryan Re Taps Berkshire H...

This edition of International People Moves details appointments at Covéa Insurance and Ryan Re Underwriting Managers. A summary of these new hires follows here. Laurent to Succeed De Macedo as CEO of Covéa Insurance in UK Covéa Insurance, the UK &#82...

Posted: Sep 26, 2025

Family’s Lawyers Say Disability Wasn’t a Factor in Universal’s Rollercoaster Death

Attorneys for the family of a man who died last week after riding a roller coaster at Universal Orlando Resort’s newest theme park said Monday that they believe he smacked his head on a restraint during downward thrusts and was …

Posted: Sep 26, 2025

Britain Considers Support for Jaguar Land Rover’s Suppliers After Cyberattack

Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The luxury carmaker owne...

Posted: Sep 26, 2025

Denmark Warns Russian Sabotage Likely as Another Drone Suspected

Denmark’s Prime Minister Mette Frederiksen warned Danes to brace for more hybrid attacks, pointing to Russia as Europe’s main security threat, just before a suspected drone sighting disrupted air traffic in Denmark for the third time in a...

Posted: Sep 26, 2025

People Moves: MSIG Holdings USA Names Sullivan Board Chair; Chubb Promotes Gaspero to Oversee Excess...

MSIG Holdings USA Names Sullivan Board Chair MSIG USA, headquartered in Warren, New Jersey, appointed Martin J. Sullivan, chairman by the board of MSIG Holdings (U.S.A.), Inc. With more than five decades of experience in insurance and financial servi...

Posted: Sep 26, 2025

Britain Wants Social Mobility But Private Schools Still Dominate

Despite increasing corporate efforts to hire from more diverse backgrounds, private school alumni remain dominant among the most powerful positions in British society, according to a sprawling new report on social mobility in the United Kingdom. New...

Posted: Sep 26, 2025

Meta Set to Face EU Finding it Failed to Police Illegal Posts

Meta Platforms Inc. is set to face a charge sheet from the European Union for failing to adequately police illegal content, risking fines for violating the bloc’s content moderation rulebook. The European Commission is preparing to issue prelim...

Posted: Sep 26, 2025

Amazon, FTC Reach $2.5 Billion Deal in Prime Subscription Case

Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. The company will pay $1 billion in civil …

Posted: Sep 26, 2025

Specialty Program Group Consolidates 5 Brands Under SPG Wholesale

Specialty Program Group LLC, an operator of specialty insurance distribution, underwriting, and consulting businesses, is consolidating its wholesale businesses under a single division called SPG Wholesale. Monarch E&S, Beacon Hill Associates, Sp...

Posted: Sep 26, 2025

Tampa-Based HCI Group’s Tech Platform Exzeo Files Plans to Go Public

Another Florida-based insurance-related company has announced it is going public. Exzeo Group, a technology subsidiary of Tampa-based HCI Group, parent of Homeowners Choice Property & Casualty Insurance Co., filed an initial public offering regis...

Posted: Sep 26, 2025

New Approach: Pilot Program Helping West Virginia Workers With Child Care

Heather Clark has juggled working full-time for an insurance agency and caring for her young daughter for the past five years. “When you have a kid at home, you can’t answer the phones, and you can’t have that personal interaction,&...

Posted: Sep 26, 2025

ALKEME Insurance Acquires New York’s Alliance Brokerage

California-based ALKEME Insurance announced it has acquired Alliance Brokerage Corp., a Melville, New York-based property/casualty agency. The acquisition strengthens ALKEME’s presence on the East Coast and adds insurance and risk management ex...

Posted: Sep 26, 2025

People Moves: Delos Executive Pratt Appointed to Legislative Committee of Surplus Line Association o...

Tom Pratt, head of public policy and government affairs at property insurance MGA Delos Insurance Solutions, has been appointed to the legislative committee of the Surplus Line Association of California. Delos is headquartered in San Francisco, Calif...

Posted: Sep 26, 2025

CIC and Ragnar Launch Utah-Domiciled Captive for Restaurants and Bars

CIC Services LLC and the Ragnar Group Inc. have launched a captive domiciled in Utah focused on the hospitality sector. The companies say the captive is intended to solve the challenge of being misclassified. The new group captive applies underwritin...

Posted: Sep 26, 2025

Teacher Denied Rehiring Over Political Views Revives Free Speech Claim on Appeal

A philosophy lecturer recently revived his First Amendment claim against a state university that refused to rehire him because of some of his controversial off-campus political comments and activities that the school said were disruptive to its educa...

Posted: Sep 26, 2025

Attorneys Urge Court Overseeing Tylenol Autism Lawsuits to Consider Trump Advice

Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new...

Posted: Sep 26, 2025

Google Likely to Be Hit With First EU Antitrust Fine Under New EU Law, Sources Say

Alphabet’s Google is likely to be hit with its first fine under landmark new EU tech rules in the coming months, and the European Commission is now drafting its decision, three people with direct knowledge of the matter said. Acting …

Posted: Sep 25, 2025

ZestyAI Gains Wisconsin Approval for AI Model Tackling Non-Weather Water Risk

ZestyAI, a provider of AI-powered property and climate risk analytics, announced that its non-weather water risk model, Z-WATER, has received approval in Wisconsin for use in underwriting and writing. With this approval, insurers in Wisconsin can beg...

Posted: Sep 25, 2025

Minnesota Cities Test Limits of State’s Cannabis Law, Exposing Legal Gray Areas

Whether it comes from courtrooms or the Capitol, Minnesota’s cannabis laws look in need of clarification in response to wide interpretations by cities. Local governments by law can cap the number of cannabis retailers, place restrictions on whe...

Posted: Sep 25, 2025

Starbase Will Take Partial Control of Beach Near SpaceX Launch Site

The new South Texas city established by Elon Musk’s SpaceX employees, Starbase, will assume control over certain parts of the beach near the rocket company’s launch site. Cameron County commissioners approved the agreement to hand over a...

Posted: Sep 25, 2025

Deadly Shooting at Dallas ICE Hub Was ‘Targeted,’ FBI Say

A shooting at an Immigration and Customs Enforcement center in Dallas left one detainee dead and two others critically injured in what federal officials described as a “targeted attack” against the agency. Federal Bureau of Investigation...

Posted: Sep 25, 2025

Atlantic Hurricane Season Awakens After Sleepy Start

This year’s Atlantic hurricane season has so far lagged behind long-term trends, generated oddities and left seasoned forecasters scratching their heads. But now it’s finally shaking off the doldrums and spinning up storms. Tropical Storm...

Posted: Sep 25, 2025

‘Most Prevalent’ Chinese Hacking Group Targets Tech, Law Firms

Suspected Chinese hackers are behind an ongoing cyberespionage campaign against US technology companies and legal firms, stealing national security secrets often while remaining undetected, according to Alphabet Inc.’s Google. The hacking group...

Posted: Sep 25, 2025