Insurance Journal

Volante Global Taps Smith From Guy Carpenter as Group CEO, Succeeding Reith

Volante Global, a multi-class, multi-territory international Lloyd’s syndicate and managing general agent (MGA) owned by leading global fintech Acrisure, announced the appointment of Demian Smith to the role of chief executive officer, Volante...

Posted: Jul 28, 2025

Polish Insurer PZU Eyes Seed Funding Role for Big Polish Projects

Polish insurer PZU SA envisages playing a key role in attracting financing for the country’s big-ticket energy and infrastructure projects after it completes a merger with Bank Pekao SA. Chief Executive Officer Andrzej Klesyk said he wants to c...

Posted: Jul 28, 2025

UK Hybrid Fronting Insurer Bridgehaven to Acquire Dublin Insurer SureStone

Bridgehaven Europe Holdings Ltd., the UK hybrid fronting insurer in commercial and specialty lines, has entered into an agreement to acquire the Dublin-based insurer, SureStone Insurance DAC. The deal, for an undisclosed fee, is subject to regulatory...

Posted: Jul 28, 2025

Michigan Mobile Parks Remain Behind on Safe Drinking Water

After the Flint water crisis, Michigan became a national leader on safe drinking water, requiring the removal of lead pipes and the reduction of harmful “forever chemicals” years before the federal government acted. But the state has a bl...

Posted: Jul 28, 2025

New York Court Blocks Suit Against Social Media Giants Over Buffalo Racial Massacre

Social media companies cannot be sued for their alleged roles in a racially-motivated mass shooting at a grocery store in Buffalo in 2022, according to a New York court that said to allow the lawsuit would “result in the end …

Posted: Jul 28, 2025

Ohio Company to Pay $326K for Allegedly Selling Unregistered Pesticides

The U.S. Environmental Protection Agency (EPA) announced last week a settlement with Tranzonic Cos., known as Hospeco Brands Group, in Cleveland, Ohio, for allegedly selling unregistered pesticide products and a product with incorrect pesticidal clai...

Posted: Jul 28, 2025

Arkansas to Receiving $1M in Funding for April Storm Cleanup and Recovery

The U.S. Department of Labor announced last week the award of $1 million in grant funding to Arkansas for cleanup and recovery activities after severe storms caused extensive damage and flooding in April. Between April 2-22, 2025, a strong weather &#...

Posted: Jul 28, 2025

Florida Regulators Say They Need More Authority to Rein in Slide’s Exec Pay

Florida’s insurance regulators expressed concern about recent news that Slide Insurance executives took home millions in compensation last year, suggesting that state agencies need new authority to limit pay packages. “It’s super co...

Posted: Jul 28, 2025

Texas Cotton Industry Struggles as Synthetic Fibers Go Mainstream

For decades, the cotton industry has long been considered king in the Texas agriculture world. However, a shift has left it standing on shaky ground. In the last few years — as cotton producers struggled with low market prices, high …

Posted: Jul 28, 2025

Judge Sanctions Lawyers Defending Alabama’s Prisons For Citing Fake Cases from AI

A federal judge reprimanded lawyers with a high-priced firm defending Alabama’s prison system for using ChatGPT to write court filings with “completely made up” case citations. U.S. District Judge Anna Manasco publicly reprimanded t...

Posted: Jul 28, 2025

Judge Sanctions Lawyers Defending Alabama’s Prisons For Citing Fake Cases From AI

A federal judge reprimanded lawyers with a high-priced firm defending Alabama’s prison system for using ChatGPT to write court filings with “completely made up” case citations. U.S. District Judge Anna Manasco publicly reprimanded t...

Posted: Jul 28, 2025

Ga. Funeral Home Sent Parents Their Deceased Son’s Brain by Mistake, Lawsuit Says

Two funeral homes allegedly gave grieving parents their deceased son’s brain in a box, which began to smell, leaked into their car and got on the father’s hands when he moved it, according to an updated lawsuit filed this week. …

Posted: Jul 28, 2025

Southwest Crew Members Injured After Jet Makes Evasive Move Over California

Two flight attendants on a Southwest Airlines Co. jet were injured Friday after the pilot had to maneuver sharply in response to alerts that another aircraft was in the vicinity. About six minutes after takeoff, Southwest Airlines flight 1496 dropped...

Posted: Jul 28, 2025

Construction Projects Facing Delays Under Threat of ICE

Under a broiling Alabama sky a frustrated Robby Robertson, a construction site superintendent, surveys an 84,000 square foot, mostly built recreation center close to the Gulf coast port city of Mobile. The site is eerily quiet. Last month, the $20 &#...

Posted: Jul 28, 2025

Jeju Air Jet Still Had Working Engine When it Crashed: Investigation Update

A Jeju Air plane that crashed in December during an emergency landing after a bird strike could have kept flying on the damaged engine that was still working after pilots shut down the other one, according to an update from …

Posted: Jul 28, 2025

Markets/Coverages: QBE and Matrix iQ Partner to Provide UK Fleet Risk Mgmt Solutions

QBE, the business insurer, has announced a strategic partnership with Matrix iQ, a leading provider of connected vehicle and behavioral data solutions. Through this partnership, QBE customers will be able to access Matrix iQ’s technology-agnost...

Posted: Jul 28, 2025

Europe Inc Swerves Trump Trade War ‘Hurricane’ but Laments Higher Tariffs

European companies were left wondering on Monday whether to cheer a hard-won U.S. trade deal or lament a still sharp jump in tariffs versus those in place before President Donald Trump’s second term. A day earlier, European leaders heralded a &...

Posted: Jul 28, 2025

Viewpoint: Driverless Cars Are Changing the Future of Claims

In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust riding in an autonomous &#823...

Posted: Jul 28, 2025

Justice Department Prepares Crackdown on Trump Tariff Violators

Federal prosecutors are laying the groundwork to criminally charge companies and individuals that try to evade US tariffs as President Donald Trump readies a fresh round of levies next week. American customs officials have long sought to thwart attem...

Posted: Jul 28, 2025

Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach

Tea, an app that lets women anonymously comment and review dates with men, said it has suffered a data breach, with hackers gaining access to 72,000 user images. A Tea spokesperson confirmed the hack to Reuters on Saturday, saying they …

Posted: Jul 28, 2025

Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured, Appeal Court Says

A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major misrepresentation by the insured long after claims have been paid. The U.S. 11th Circuit Court of Appeals last week found &#82...

Posted: Jul 28, 2025

Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured, Appeals Court Says

A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major misrepresentation by the insured long after claims have been paid. The U.S. 11th Circuit Court of Appeals last week found &#82...

Posted: Jul 28, 2025

Connecticut Updates Its Captive Insurance Law

Connecticut Governor Ned Lamont signed into law legislation updating the state’s law governing captive insurance and allowing new types of captives. Captives are owned by one or more businesses to insure their business risks., Effective October...

Posted: Jul 28, 2025

Allianz Life Says Majority of US Customers’ Data Stolen in Hack

U.S. insurance giant Allianz Life said on Saturday that hackers stole the personal information of the majority of its customers, financial professionals, and select Allianz Life employees in the United States. The insurance giant’s filing with...

Posted: Jul 28, 2025

Wrongfully imprisoned Maryland Man Spent 32 Years Behind Bars Sues Authorities

A Maryland man who was wrongly imprisoned for 32 years, including a decade on death row, for two killings he did not commit is suing former law enforcement officials in a lawsuit announced Thursday, though four of the five people …

Posted: Jul 28, 2025