Insurance Journal

Texas, Oklahoma and Nevada Pass Law to Lure Corporations Away From Delaware

Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world&#8...

Posted: Jun 25, 2025

Texas, Oklahoma and Nevada Pass Laws to Lure Corporations Away From Delaware

Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world&#8...

Posted: Jun 25, 2025

Scientists Crush and Analyze Hailstones in First-of-its-Kind Study

Dozens of researchers are chasing, driving and running into storms to collect fresh hail, getting their car bodies and their own bodies dented in the name of science. They hope these hailstones will reveal secrets about storms, damage and maybe &#823...

Posted: Jun 25, 2025

French Investigators Order Tesla to Stop ‘Deceptive Business Practices’

French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in fines. Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control offic...

Posted: Jun 25, 2025

Indian Air-Safety Audit Finds Multiple Lapses at Airlines, Hubs

India’s aviation safety regulator found multiple aircraft-maintenance lapses in an audit of airlines and airports ordered after the crash of Air India flight AI171, including recurring defects that indicate inadequate monitoring and correction....

Posted: Jun 25, 2025

Warburg Is Said in Talks to Sell Stake in SBI General Insurance

Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people familiar with the matter. The firm is finalizing details of an …

Posted: Jun 25, 2025

Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold

Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Why? Because too many companies are leaning on a …

Posted: Jun 25, 2025

Anthropic Wins Key Ruling on AI Training in Authors’ Copyright Lawsuit

A federal judge in San Francisco ruled late on Monday that Anthropic’s use of books without permission to train its artificial intelligence system was legal under U.S. copyright law. Siding with tech companies on a pivotal question for the AI &...

Posted: Jun 25, 2025

Wildfire Alerts Issued Across Mediterranean as Heat Wave Builds

Wildfire warnings were issued across the Mediterranean, as temperatures soar to 40C (104F) in parts of Spain, Italy, and Greece. Italian authorities are already tackling a blaze near the town of Bernalda in Basilicata [Italy], while Greece has drafte...

Posted: Jun 25, 2025

Aflac Already Hit With Class Action Over Data Breach of Customer Info

An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. “Defe...

Posted: Jun 25, 2025

Aflac Hit With Class Action Over Data Breach of Customer Info

An Alabama law firm wasted little time in filing a proposed class-action lawsuit against Aflac Inc., claiming the supplemental insurance giant knew the risks of a cyberattack and failed to protect policyholders’ private information. “Defe...

Posted: Jun 25, 2025

Clean Energy Assets Face Coverage Risks, Zurich Insurance Says

Assets designed to help fight climate change may soon risk losing access to insurance unless they’re adequately shielded from extreme weather events. Roughly 46% of Europe’s total renewable generation capacity will be at “critical r...

Posted: Jun 25, 2025

Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft

Two Florida men, one a former life insurance broker, have been indicted in what prosecutors describe as a scheme to steal more than $100 million from a nonprofit that managed funds for people with disabilities and special needs. Federal authorities &...

Posted: Jun 25, 2025

Colorado Dance Hall Operator to Pay $100K in Sexual Harassment and Retaliation Suit

A Colorado dance hall operator must pay $100,000 to former employees to settle a sexual harassment and retaliation lawsuit ‘Murica LLC, operator of the Western-themed Starlite Station bar and dance hall in Greeley, Colorado, and its owners were...

Posted: Jun 25, 2025

MJ Companies Expands Nashville Ops, Names Reavis VP for Development

Indianapolis-based MJ Companies, an insurance agency and financial consulting firm, named Craig Reavis vice president for business and community development. The company also signed a lease for new office space at the upscale Nashville Yards mixed-us...

Posted: Jun 24, 2025

Coalition Re’s New Helios Platform Allows Cedants to Gain Real-Time Cyber Insights

Coalition today introduced Coalition Re’s Helios platform, a new tool that allows cedants to view real-time cyber risk exposures in their portfolios and manage them more effectively. With the Helios platform, information previously provided to...

Posted: Jun 24, 2025

AI-Focused COVU Acquires Maine’s 100-Year Old Ford Agency

San Francisco-based COVU, Inc. announced it has acquired Ford Insurance Agency, a 100+ year-old, family-owned business based in Eliot, Maine. Operated by the Lonsinger family, Ford Insurance Agency provides commercial and personal lines coverage. Thi...

Posted: Jun 24, 2025

What to Watch: The Trends for P/C Insurance in 2025 So Far

As we reach the midpoint of 2025, now is a perfect time to reflect on some of the key trends that have defined the first half of the year while also looking ahead at what to expect in the back …

Posted: Jun 24, 2025

EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was abandoned in the middle of the pacific — about 360 miles from land — after a blaze. It was carrying about 3,000 vehicles …

Posted: Jun 24, 2025

Last Body Found After Boat Capsizes on Lake Tahoe in Sudden Storm Brings Death Toll to 8

The body of the last person missing from a boat that capsized on Lake Tahoe in California during a sudden and powerful weekend thunderstorm was found Monday, bringing the death toll to eight. Ten people were on board the 27-foot …

Posted: Jun 24, 2025

Body Found After Boat Capsize on Lake Tahoe Brings Death Toll to 8

The body of the last person missing from a boat that capsized on Lake Tahoe in California during a sudden and powerful weekend thunderstorm was found Monday, bringing the death toll to eight. Ten people were on board the 27-foot …

Posted: Jun 24, 2025

Chicago Allows Summer Curfews for Minors as Mayor Vows Veto

Chicago’s city council voted to give its police chief the green light to enforce temporary curfews for minors in a bid to curb violence that has typically ramped up during the summer months, prompting Mayor Brandon Johnson to vow to …

Posted: Jun 24, 2025

Texas Lt. Gov. Patrick Clashes With Gov. Abbott Over Veto of THC Ban

Lt. Gov. Dan Patrick, the powerful head of the Texas Senate, sharply rebuked Gov. Greg Abbott on Monday for vetoing his top legislative priority — a ban on all THC products — and dug in his heels against the governor’s …

Posted: Jun 24, 2025

People Moves: Acrisure Re Names Souza Leader of New West Coast Office

Acrisure Re named Danny Souza, senior vice president, as leader of Acrisure Re’s new West Coast office in San Francisco, California. He will continue to report to Marc Piccione, partner and managing director of the New York office. Souza joined...

Posted: Jun 24, 2025

World Acquires Five Louisiana Agencies

World Insurance Associates announced that it acquired the business of five entities with locations across Louisiana on March 1, 2025. The agencies are Insurance Unlimited of Louisiana, LLC (“IU”), Erwin Insurance Agency, Inc. (“Erwi...

Posted: Jun 24, 2025