Insurance Journal
A Texas Department of Insurance (TDI) investigation led to prison time for a former insurance agent who overcharged almost $300,000 in insurance premiums. Carlyle Poindexter pleaded guilty to conspiracy to commit wire fraud in August and was sentence...
Posted: Sep 19, 2025
he National Highway Traffic Safety Administration said Friday that it will delay implementation of updates to the U.S. government’s New Car Assessment Program finalized in December after a request by automakers. The agency last year said it was...
Posted: Sep 19, 2025
Workers’ compensation specialist The MEMIC Group, led by parent company Maine Employers’ Mutual Insurance Company, has entered into an agreement to acquire The Dakota Group, including Risk Administration Services, Inc. and its four affili...
Posted: Sep 19, 2025
WalkerHughes Insurance announce the addition of Brady Benefits, a Fort Wayne-based Employee Benefits brokerage, to its growing Midwest platform. Brady Benefits, led by respected industry veteran Matt Brady, specializes in group health and ancillary b...
Posted: Sep 19, 2025
Investors and banks are likely to help set any new timeline for public company reporting as regulators press ahead on President Donald Trump’s bid to end quarterly reports, U.S. Securities and Exchange Commission Chairman Paul Atkins told CNBC...
Posted: Sep 19, 2025
A beachfront stilt home along the Outer Banks in North Carolina has collapsed into the surf, bringing the total number of houses claimed by the Atlantic Ocean to 12 in the past five years. The two-story, wood-shingled home in Buxton, …
Posted: Sep 19, 2025
Is Steamboat Willie “For the people?” That’s a question that one of the largest personal injury law firms in the United States is asking a federal court in central Florida to decide. The law firm Morgan & Morgan, known for ̷...
Posted: Sep 19, 2025
Most businesses are failing to invest in needed climate adaptation as other business priorities and resources take precedence over climate initiatives, according to a survey published by Marsh, the insurance broker and business of Marsh McLennan. Whi...
Posted: Sep 19, 2025
Tropical Storm Gabrielle formed Wednesday in the Atlantic Ocean but was far from land, forecasters said. The center of Gabrielle re-formed from its morning position and was located about 990 miles (1,600 kilometers) east of the Northern Leeward Islan...
Posted: Sep 19, 2025
HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Bruce Griffin as head of casualty. Griffin is based out of HGIC’s Chicago h...
Posted: Sep 19, 2025
Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion of $5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events. Out of the $2 billion, about $1.6 &#...
Posted: Sep 19, 2025
The European Union proposed a complete ban on imports of Russian liquefied natural gas from Jan. 1, 2027, as part of its latest measures to curb President Vladimir Putin’s ability to wage Moscow’s war against Ukraine. The EU also proposed...
Posted: Sep 19, 2025
Many commercial auto insurers are in a holding pattern, waiting to see how some states’ litigation reforms are enacted and enforced. However, there seems to be some positive signs for buyers. Insurance Journal’s Andrea Wells spoke to Jenn...
Posted: Sep 19, 2025
Transportation company Lyft has paid the state of New Jersey $19.4 million to settle a case involving misclassification of more than 100,000 drivers as independent contractors. According to the New Jersey Department of Labor and Workforce Development...
Posted: Sep 19, 2025
British insurance companies are paying £200 million ($270 million) to compensate motorists whose claims were underpaid, the Financial Conduct Authority said on Friday. Insurers including Direct Line Insurance Group Plc and Admiral Group Plc are getti...
Posted: Sep 19, 2025
Hong Kong is facing a period of heavy rain and strong winds as two storms brew in warm tropical waters, with one system forecast to intensify into a super typhoon next week. A tropical depression is currently spinning in the …
Posted: Sep 19, 2025
Xiaomi will issue a software update for over 115,000 of its popular SU7 electric sedans to fix potential safety issues when its assisted driving features are used, a Chinese regulator said in a product recall notice. It is the second …
Posted: Sep 19, 2025
Nippon Life Insurance Co. sees its overseas project finance lending climbing 11% to a record high this year due to surging demand to fund AI data centers in the US and elsewhere. The outstanding amount of such loans provided by …
Posted: Sep 19, 2025
It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of industries. However, there are three insurance-themed films worth watching. Two from the 1940s film noir era are Double Indemn...
Posted: Sep 19, 2025
The Trump administration on Thursday launched an effort to speed development of power plants and transmission lines as artificial intelligence boosts demand, even as it orders fossil fuel plants set to shut for good to keep operating. The Department...
Posted: Sep 19, 2025
XPT Specialty added Rachel Gary to its Pacific Northwest team in its Seattle, Washington office. Gary has more than two decades of insurance industry experience, previously serving a decade-long tenure at Hull & Company, where she progressed from...
Posted: Sep 19, 2025
A federal judge has granted an injunction against the Vermont judiciary in a legal action brought by news outlets aimed at curbing delays when seeking newly filed civil lawsuits. The ruling issued this month by Judge Christina Reiss is the …
Posted: Sep 19, 2025
A federal judge has granted an injunction against the Vermont judiciary in a legal action brought by news outlets aimed at curbing delays when seeking newly filed civil lawsuits. The ruling issued this month by Judge Christina Reiss is the …
Posted: Sep 19, 2025
ACE American Insurance Co. is suing to recover $500,000 it paid in ransomware damages for a staffing company, claiming cloud computing and cybersecurity firms contracted by its policyholder should instead be held responsible due to their alleged negl...
Posted: Sep 19, 2025
Via Transportation Inc., the public transit software maker that went public last Friday, will partner with Waymo to launch autonomous shared rides in Arizona this fall. The program will start in Chandler, whose existing Flex service lets the public b...
Posted: Sep 19, 2025