Insurance Journal

Murdoch Calls Trump’s Epstein Suit ‘Affront’ to Free Speech

Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report tying him to a bawdy birthday note to the late Jeffrey Epstein, calling the case …

Posted: Sep 23, 2025

Florida Adjuster Convicted for Sending Carrier Checks to His Own Fake Firm

A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said that James Octavias Tobias Owens, 34, from the Orlando …

Posted: Sep 23, 2025

Florida Adjuster Convicted for Sending Carrier Checks to His Fake Firm

A former staff adjuster for a large Florida insurance carrier has been found guilty of defrauding the insurer out of more than $580,000. A federal jury in Orlando last week said James Octavias Tobias Owens, 34, from the Orlando area, …

Posted: Sep 23, 2025

Neptune Insurance Eyes $2.8B Valuation: IPO

Neptune Insurance said on Monday it was targeting a valuation of up to $2.76 billion in its U.S. initial public offering, as the IPO market continues to run hot. Some existing shareholders of the flood insurance provider are targeting to …

Posted: Sep 23, 2025

Hershey Wins Lawsuit Claiming Reese’s Candies Aren’t Spooky

Hershey defeated a lawsuit claiming it misled consumers who were disappointed the Halloween-themed Reese’s peanut butter candies they bought lacked the decorative details shown on the labels. U.S. District Judge Melissa Damian ruled on Friday t...

Posted: Sep 23, 2025

Maryland Man Charged in Ponzi Scheme Claimed He Knew Buffett’s Investments

A Harvard Business School graduate accused of defrauding fellow alumni out of millions of dollars by claiming he could identify where Warren Buffett’s Berkshire Hathaway would invest next has been indicted for fraud, federal prosecutors in Manh...

Posted: Sep 23, 2025

Mutual Growth Strategy: Northern Neck Insurance to Acquire Frederick Mutual

Two mutual insurers — Northern Neck Insurance Co. and Frederick Mutual Insurance Co.— have announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. While Northern Neck is acquiring Frederick M...

Posted: Sep 23, 2025

People Moves: Courts Joins Alliant Retirement Consulting; Lalli Joins Alliant’s Southwest Employee B...

Courts Joins Alliant Retirement Consulting Adriana Courts joined Alliant Retirement Consulting, a division of Alliant Insurance Services, as vice president. Courts will focus on delivering retirement plan strategies to a client base throughout the Pa...

Posted: Sep 23, 2025

California Couple Charged With Multiple Counts of Insurance Fraud, Identity Theft And Conspiracy

A California couple has been charged for running an insurance fraud scheme where they allegedly stole more than 21 patients’ identities and submitted false insurance claims. Rebecca Juarez, 39, and Juan Pablo Rodriguez, 31, both of Irvine, were...

Posted: Sep 23, 2025

California Couple Charged With Insurance Fraud, Identity Theft and Conspiracy

A California couple has been charged for running an insurance fraud scheme where they allegedly stole more than 21 patients’ identities and submitted false insurance claims. Rebecca Juarez, 39, and Juan Pablo Rodriguez, 31, both of Irvine, were...

Posted: Sep 23, 2025

AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse

Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting loss and has accumulated more t...

Posted: Sep 22, 2025

New Jersey Requires Testing and Disclosure of Lead in Water Systems

New Jersey has enacted new requirements around testing and disclosure of lead in public water systems. The new law (A2929/S1034) requires landlords to report information about the known or potential presence of lead in drinking water to tenants of re...

Posted: Sep 22, 2025

Illinois Labor Union to Pay $110K Over Race Discrimination Lawsuit

Sunnybrook Union, a labor union representing teachers and educational support staff in the Sunnybrook School District in Lansing, Illinois, will pay $110,000 and provide other relief to settle a race discrimination case filed by the U.S. Equal Employ...

Posted: Sep 22, 2025

Electric Tractors Gain Traction Among Farmers Seeking Eco-Friendly Options

In the soft dirt of an indoor horseback riding ring last month, a group of farmers got ready to test drive a new piece of equipment: an electric tractor. As they took turns climbing in — some surprised by its …

Posted: Sep 22, 2025

Hundreds of Flights Snarled at Dallas Airports Over Equipment Issues, FAA Says

Hundreds of flights in and out of Dallas were delayed or canceled Friday as telecommunications equipment issues disrupted one of the nation’s busiest airports, federal officials said The Federal Aviation Administration said it was slowing fligh...

Posted: Sep 22, 2025

People Moves: Alliant Adds Cox to Employee Benefits Team

Veteran benefits consultant Terry Cox has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Austin, Texas, Cox will serve a national client base, bringing more than three decades of experience as...

Posted: Sep 22, 2025

Report: Man Who Died on Universal Orlando Roller Coaster Had Spinal Condition

Emergency workers who responded to Universal Orlando Resort’s newest park for a man who had become unresponsive on a roller coaster originally were told he had lacerations. But when they got to the ride, he wasn’t breathing and eventually...

Posted: Sep 22, 2025

NC Judge Orders Insurers to Pay $50M in TV News Helicopter Crash Death

A North Carolina judge has ordered $50 million be paid to the family of a Charlotte TV station meteorologist who was killed in a helicopter crash three years ago after finding the companies that owned and operated the aircraft liable …

Posted: Sep 22, 2025

Stellantis Detects Breach at Third-Party Provider for North American Customers

Stellantis detected unauthorized access to a third-party service provider’s platform that supports its North American customer service operations, the company said in a statement on Sunday. The automaker said the incident, which is under invest...

Posted: Sep 22, 2025

Jury Awards $83 Million in Asbestos Case Involving Ceramics Products

A Massachusetts jury has awarded $83 million to the estate of a woman who died from mesothelioma caused by asbestos in ceramics products. The jury returned the verdict against the maker of the ceramics products, American Art Clay Co. The …

Posted: Sep 22, 2025

Ardonagh Europe Agrees to Acquire French Broker, Groupe Leader Insurance

Ardonagh Europe, part of The Ardonagh Group and headquartered in Dublin, Ireland, has agreed to acquire Groupe Leader Insurance (GLI), one of the top 10 wholesale and multi-specialist brokers in France. Founded in 2003 by entrepreneur Yoann Chery, GL...

Posted: Sep 22, 2025

People Moves: Lockton Re Taps Le Flufy From Gallagher Re as Global Head of Cyber; Marsh McLennan Pro...

This edition of International People Moves details appointments at Lockton Re and Marsh McLennan. A summary of these new hires follows here. Lockton Re Taps Le Flufy From Gallagher Re as Global Head of Cyber Lockton Re, the reinsurance business &#823...

Posted: Sep 22, 2025

Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses

Increased wildfire smoke could lead to 1.4 million premature deaths globally each year by the end of this century, according to a new study. Scientists at China’s Tsinghua University found that early deaths linked to particulate matter in wildf...

Posted: Sep 22, 2025

Generali’s $2.2 Trillion Natixis Tie-Up Faces Growing Doubts

Eight months after Assicurazioni Generali SpA and BPCE SA announced their intention to create Europe’s second-biggest asset manager, their plan is looking increasingly fragile. Neither firm has yet submitted the contract for signing to their re...

Posted: Sep 22, 2025

The Most Common Trucking Cargo Claims and How to Avoid Them

This post is part of a series sponsored by IAT Insurance Group. Transporting cargo is more complex than just getting it from one location to another. Reduce your risk by implementing safety and cargo protective practices. Download eBook here

Posted: Sep 22, 2025