Insurance Journal

Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury

Amica Insurance is using the comeback journey of Boston Celtics basketball star Jayson Tatum in its new advertising campaign. The campaign traces Tatum’s recovery from his injury last May. The campaign is titled “Back to Zero” — nam...

Posted: Feb 24, 2026

Push to Tax California Billionaires Causing Political Stir

As national Democrats search for a unifying theme ahead of the fall’s midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can lea...

Posted: Feb 24, 2026

Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on

It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will...

Posted: Feb 24, 2026

Wisconsin Lawmakers Passe Expanded Medicaid for Moms

Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up to a year after giving birth following near-unanimous passage of a measure last week by the Wisconsin Assembly that would leave Arkansas as the only state …

Posted: Feb 24, 2026

Wisconsin Lawmakers Pass Expanded Medicaid for Moms

Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up to a year after giving birth following near-unanimous passage of a measure last week by the Wisconsin Assembly that would leave Arkansas as the only state …

Posted: Feb 24, 2026

Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent

Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs...

Posted: Feb 24, 2026

AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds

AbbVie on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production capacity for its neuroscience and obesity medicines. The investmen...

Posted: Feb 24, 2026

South Dakota Lawmakers Considering Bill That Group Says Could Increase Auto Inurance Costs

The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a vehicle a total loss, which insurers say could negatively impact drivers through increased premiums and reduced road safe...

Posted: Feb 24, 2026

South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs

The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a vehicle a total loss, which insurers say could negatively impact drivers through increased premiums and reduced road safe...

Posted: Feb 24, 2026

Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law

Kansas is set to invalidate about 1,700 driver’s licenses held by transgender residents and roughly as many birth certificates under a new law that goes beyond Republican-imposed restrictions in other states on listing gender identities in gove...

Posted: Feb 24, 2026

Former Connecticut Police Chief Arrested for Allegedly Stealing From Department Funds

The former police chief in New Haven, Connecticut, was arrested Friday on larceny charges following allegations he stole $85,000 from two department accounts. Karl Jacobson, 56, who abruptly retired from the department in January, turned himself in o...

Posted: Feb 24, 2026

Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands

Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices. The loss …

Posted: Feb 23, 2026

Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO

The parent of St. Petersburg-based Neptune Flood reported a 63% drop in profit for 2025, along with a quarterly drop, five months after the firm went public. Much of the drop in net income was due to some $4.6 million …

Posted: Feb 23, 2026

Volvo Cars to Recall 40,000 Electric SUVs Over Battery Fire Risk

Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker’s hard-earned reputation for safety and cost it millions of doll...

Posted: Feb 23, 2026

FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early

Remember the stormy days of March 2023, when the Florida Insurance Guaranty Association voted to add a 1% emergency assessment on all homeowners’ and commercial policies, to help pay outstanding claims left behind by insolvent insurers? Three y...

Posted: Feb 23, 2026

Tech Update: Zywave Unveils 4 New AI Agents; Cytora, Warren Group Partner to Improve Commercial Prop...

Zywave, a provider of insurance technology solutions, recently debuted insurance-specialized AI agents rolled out to more than 35 early adopters across a wide range of insurance organizations. In addition, new platform enhancements will help insuranc...

Posted: Feb 23, 2026

Ski Guides in Spotlight as Investigators Probe Deadly California Avalanche

An investigation to determine if backcountry guides were criminally negligent during a California ski trip that ended with eight people killed in an avalanche and another presumed dead has surprised legal experts, who said the probe has scant precede...

Posted: Feb 23, 2026

ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure

The European Central Bank is delving into the risks faced by banks in the region from the artificial intelligence industry, amid heightened concern over hidden credit exposures and financial-sector disruption. The Frankfurt-based central bank is aski...

Posted: Feb 23, 2026

FEMA to Help With Sewage Spill Into Potomac River

President Donald Trump has approved emergency assistance to Washington, D.C., to help the city address a sewage system leak that dumped at least 250 million gallons of raw sewage into the Potomac River. The Federal Emergency Management Agency announc...

Posted: Feb 23, 2026

Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal

Sompo Holdings Inc. announced it has received the necessary antitrust and insurance regulatory approvals required to complete its previously announced acquisition of Aspen Insurance Holdings Ltd., via a wholly owned subsidiary of Sompo International...

Posted: Feb 23, 2026

New York City Isolated by Snowstorm as Thousands of Flights Canceled

A powerful winter storm has cut off New York City, grounding thousands of flights and straining transport networks, as 41 million people along the US East Coast brace for blizzard conditions in what could be one of the city’s worst …

Posted: Feb 23, 2026

Danone Sees Up to €70 Million Hit From Baby Formula Recalls

Danone SA gave its first estimate of the potential cost of the recent recalls of infant formula over a contamination scare, saying it expects a €35 million to €70 million ($82.4 million) financial hit in the first quarter of the …

Posted: Feb 23, 2026

Carmakers Push Toward ‘Eyes-Off’ Driving, Raising Questions of Safety, Liability

Automakers are racing toward a key milestone on the long road to fully driverless cars: systems that let drivers take their eyes off the road – to shoot a text or peck away on a laptop – unless the car …

Posted: Feb 23, 2026

Why Most MGAs Outgrow Their Policy Admin System Before They Realize It

Most MGAs don’t change their agency or policy management system because it stops working. They change it because growth slowly exposes friction they’ve been compensating for. Submission volume increases. Programs expand. Carrier requireme...

Posted: Feb 23, 2026

Swiss Re Corporate Solutions to Buy QBE’s Global Trade Credit and Surety Business

Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals. Upon successful completion, the acquisi...

Posted: Feb 23, 2026