Insurance Journal
CHARLESTON, SC., July 25, 2025 – Johnson & Johnson Inc. (J&J) continues the expansion of its footprint by acquiring the assets of Erickson-Larsen, Inc (E&L). The parties expect to complete the transaction effective August 1, 2025. With of...
Posted: Jul 25, 2025
A car rental company in Connecticut is under no obligation to confirm whether a customer’s driver’s license is subject to any restrictions; rather it is only required to inspect the physical license card to confirm that it is facially val...
Posted: Jul 25, 2025
Tesla is preparing to launch its robotaxi service in San Francisco as soon as this weekend, Business Insider reported on Friday, citing an internal staff memo. Tesla said its timeline for the launch had been moved up and the service …
Posted: Jul 25, 2025
Mosaic Insurance, the Bermuda-based global specialty insurer, has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically unde...
Posted: Jul 25, 2025
The insurance agency franchise Freeway Insurance is now operating in 28 states with the opening of its newest office in Danbury, Connecticut. In addition to the new Connecticut location, recent openings have included offices in Alabama, Colorado, Flo...
Posted: Jul 25, 2025
Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition...
Posted: Jul 25, 2025
Ust-Luga, Russia’s largest port in the Baltic Sea, is insisting that ships’ hulls are inspected before the vessels are allowed to enter the facility, a sign of how a string of mystery blasts involving tankers that went to Russia are ̷...
Posted: Jul 25, 2025
Foreign oil tankers are being temporarily barred from loading at Russia’s main Black Sea ports following new regulations, two industry sources said on Wednesday [July 23], effectively blocking exports from Kazakhstan handled largely by a consor...
Posted: Jul 25, 2025
A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. While saying she “...
Posted: Jul 25, 2025
Artificial Intelligence Underwriting Company (AIUC) is coming out of stealth mode with a $15 million seed round. The San Francisco-based company said July 23 that it seeks to unlock the “next wave of artificial intelligence (AI) progress by bui...
Posted: Jul 25, 2025
Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the right insurance portfolio at the best price, tra...
Posted: Jul 25, 2025
If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudenes...
Posted: Jul 25, 2025
If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudenes...
Posted: Jul 25, 2025
The Trump Administration has denied Maryland’s request for federal disaster aid for damage caused by severe storms and flooding on May 13 and 14 in Allegany and Garrett Counties in the western part of the state. Gov. Wes Moore said …
Posted: Jul 25, 2025
The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in asses...
Posted: Jul 24, 2025
The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures,...
Posted: Jul 24, 2025
Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that wil...
Posted: Jul 24, 2025
Alliant Insurance Services named Stephanie Beach, ASA, MAAA, as Senior Vice President within its employee benefits group, based in Austin, Texas. With more than 25 years of experience advising mid- to large-sized employers, Beach brings extensive exp...
Posted: Jul 24, 2025
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 othe...
Posted: Jul 24, 2025
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the...
Posted: Jul 24, 2025
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, ca...
Posted: Jul 24, 2025
A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intellige...
Posted: Jul 24, 2025
A video showing Florida deputies punching and dragging a Black man from his car during a traffic stop has sparked nationwide outrage, with civil rights lawyers accusing authorities of fabricating their arrest report. The footage shows that William Mc...
Posted: Jul 24, 2025
MS Amlin, the Lloyd’s global re/insurer, announced the appointment of Christiern Dart as chief executive officer (CEO). Dart, previously group chief underwriting officer (CUO) at Brit, will take up the role in January 2026, subject to regulator...
Posted: Jul 24, 2025
A fire that killed 10 people at a Massachusetts assisted-living facility was unintentionally caused by either someone smoking or an electrical issue with an oxygen machine, investigators said Tuesday. The state’s deadliest blaze in more than fo...
Posted: Jul 24, 2025