Insurance Journal
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric ca...
Posted: Sep 22, 2025
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric ca...
Posted: Sep 22, 2025
Hong Kong is bracing for widespread damage and disruption from the approaching Super Typhoon Ragasa, which is currently churning off the northeast coast of the Philippines with tree-snapping winds. The powerful storm is packing maximum sustained wind...
Posted: Sep 22, 2025
Airports in Berlin, London and Brussels faced continued delays on Sunday after a cyberattack on a key airline check-in system forced staff to process passengers manually. The outage stems from a cyber incident at Collins Aerospace that knocked out it...
Posted: Sep 22, 2025
A cyberattack that forced airlines to cancel and postpone flights at several major European airports was caused by ransomware that disrupted the software used to process passenger check-ins, according to a European cybersecurity agency. The incident,...
Posted: Sep 22, 2025
The U.S. Federal Trade Commission and seven states accused Live Nation and its ticketing arm Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell them to at a significant markup, the &#...
Posted: Sep 22, 2025
Starbucks workers in three states took legal action against the coffee giant Wednesday, saying it violated the law when it changed its dress code but refused to reimburse employees who had to buy new clothes. The employees, who are backed …
Posted: Sep 22, 2025
A federal judge on Friday threw out U.S. President Donald Trump’s $15 billion defamation lawsuit against the New York Times over its content, calling it a “decidedly improper and impermissible” effort to attack his adversaries. U.S....
Posted: Sep 22, 2025
In one of the grimmest, longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether insurers’ recent policies barred coverage for i...
Posted: Sep 22, 2025
No guns for Elmo, Spider-Man or anyone else in New York’s Times Square — and don’t try sneaking them into the subway, either. That is the decision last Friday from a federal appeals court effectively upholding a New York state …
Posted: Sep 22, 2025
A former Riverside megachurch pastor has been accused of sexually abusing and trafficking children for years at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in U.S. District Court in California. The complaints, filed...
Posted: Sep 22, 2025
California will not backfill a $7,500 federal tax credit for buyers of electric vehicles that is set to expire this month, Gov. Gavin Newsom said on Friday, reversing an earlier pledge to restart the state’s own EV subsidies. “We can̵...
Posted: Sep 22, 2025
A judge has dismissed a lawsuit against Detroit police in the wrongful arrest of a pregnant woman who was charged in a carjacking partly because of facial recognition technology. Porcha Woodruff, who was eight months pregnant, spent 10 hours in ̷...
Posted: Sep 21, 2025
Time is crucial in recruiting. For instance, when it comes to client service hires, successful insurance agencies fill Customer Service Representative (CSR) and Account Manager job openings within 30 days. How does your timeline compare–are you...
Posted: Sep 21, 2025
The commercial property insurance market is navigating a constantly evolving landscape in 2025, in which rising costs, labor shortages, and the ever-present threat of business interruption are reshaping how claims are managed. In response, many insur...
Posted: Sep 21, 2025
What will the insurance agency business model look like 10-15 years from now? Today, several key trends are already shaping the future of the industry, including the ongoing trend of agency consolidation, the relative ease of starting new businesses,...
Posted: Sep 21, 2025
By Andrea Wells Organic growth is a key barometer of an organization’s success in any industry. And it’s critical when it comes to an independent agency’s profitability in a changing market cycle like today. While no one is predicti...
Posted: Sep 21, 2025
The homeowners policy and personal auto policy each address death and insurance protection in different ways. In part one of this two-part series, we reviewed how the homeowners policy responds. In this article, we will address the personal auto poli...
Posted: Sep 21, 2025
This month marks two years since I officially took the helm at the Independent Insurance Agents & Brokers of America (the Big “I”) as president and CEO. This period since 2023 has been among the most transformative in recent memory &#...
Posted: Sep 21, 2025
By Daniel Wiessner President Donald Trump’s administration has abandoned the U.S. government’s legal defense of a rule adopted under former President Joe Biden that had banned agreements commonly signed by workers not to join rivals of th...
Posted: Sep 21, 2025
Are property/casualty insurers facing a potential retention problem with small business customers? According to the J.D. Power 2025 U.S. Small Commercial Insurance Study, just 55% of customers say they “definitely will” renew with their c...
Posted: Sep 21, 2025
The California Labor Commissioner’s Office cited J BBQ, a Koreatown restaurant, more than $680,000 for wage theft violations. A total of 48 workers were impacted by the violations, which included unpaid wages, denied breaks, and inaccurate wage...
Posted: Sep 21, 2025
California Insurance Commissioner Ricardo Lara on Friday announced he wants to make certain reforms to the state’s insurance law, Proposition 103, including changing the controversial intervenor process. Prop. 103, passed by voters in 1988, is...
Posted: Sep 19, 2025
IMA Financial Group, a North American insurance brokerage firm specializing in risk management, wholesale brokerage, and wealth management, has announced two key leadership appointments in its Houston office to support the company’s commitment...
Posted: Sep 19, 2025
A trial court said the insurance policy was ambiguous, allowing a commercial umbrella policy to supplement coverage in the deaths of five people killed by a drunken driver in 2019. But the Kentucky Supreme Court this week found that the …
Posted: Sep 19, 2025