Insurance Journal

Leaning into Uncertainty and Managing Risk

In a climate of rapid, often unforeseen change, leaning into uncertainty and adapting quickly is not easy but is always advantageous. For businesses to respond to challenges and harness opportunities for growth and development, understanding risk dri...

Posted: May 18, 2025

Auto Coverage Under a CGL Policy

Everyone knows that an ISO Commercial General Liability (CGL) policy does not cover the use of autos other than some limited coverage such as accidents arising from, for example, valet parking on or next to owned or rented premises. And, …

Posted: May 18, 2025

Industry Recruitment: Lessons Learned

Call it a mid-life crisis. A “come-to-Jesus” moment. Corporate existential angst. It was early 2022, and our organization–Insurance Agents & Brokers (IA&B), the association for independent insurance agencies in Pennsylvania,...

Posted: May 18, 2025

Drivers Keep Shopping

Auto insurance rates are finally leveling out, but drivers still continue to shop for better deals. According to a new J.D. Power 2025 U.S. Insurance Shopping Study, the rate of U.S. auto insurance premium price increases slowed to less than …

Posted: May 18, 2025

Taking a Step Back: Why It’s Important to Take Time to Unwind In an Industry That Never Stops

Like every kid, I looked forward to the freedom and relaxation of summer vacation with great anticipation when I was growing up. The idea of being completely free from the pressure to perform and the deadlines of assignments was always …

Posted: May 18, 2025

New North Dakota Law Shields Bayer From Roundup Lawsuits

By David A. Lieb A new first-of-its-kind law enacted in North Dakota could shield agrochemical manufacturer Bayer from lawsuits claiming it failed to warn customers that its popular weedkiller Roundup could cause cancer. Though the immediate effect m...

Posted: May 18, 2025

Severe Storm Batters St. Louis, Leaving At Least 4 Dead

At least four people died and authorities were searching from building to building for people who were trapped or hurt after severe storms including a possible tornado swept through St. Louis. The storms Friday afternoon tore roofs off buildings, rip...

Posted: May 16, 2025

Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes

Four months after devastating wildfires swept across Los Angeles, Edison International’s Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among ot...

Posted: May 16, 2025

Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death

The widow of an Arkansas airport director who was killed during a Bureau of Alcohol, Tobacco, Firearms and Explosives raid on his home last year sued the agency and several officials, claiming the agency and officers acted recklessly and negligently....

Posted: May 16, 2025

Severe Storms Sweep Through Midwest, Leaving Thousands Without Power

Storms accompanied by deep, booming thunder, lightning displays and powerful winds swept through parts of Wisconsin, Illinois, northern Indiana and Michigan overnight — leaving scores of trees down and thousands of homes without power. The National W...

Posted: May 16, 2025

Louisiana Plant at Center of Environmental Justice Fight Halts Operations

A petrochemical plant in Louisiana accused of increasing cancer risks for a majority Black community indefinitely suspended operations largely due to the high cost of reducing toxic pollution. Japanese firm Denka announced Tuesday that its synthetic...

Posted: May 16, 2025

Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims

The Florida Supreme Court on Thursday declined to consider a petition in a condominium insurance case, leaving in place conflicting rulings from Florida appeals courts. The non-decision in American Coastal Insurance vs. Patios West One Condominium As...

Posted: May 16, 2025

Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk

Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general agents did in the past, according...

Posted: May 16, 2025

Judge Orders Restoration of Health Program for West Virginia Coal Miners

A judge on Tuesday ordered the restoration of a health monitoring program for coal miners in West Virginia and rescinded layoffs the federal government implemented in a unit of a small U.S. health agency. U.S. District Judge Irene Berger issued &#823...

Posted: May 16, 2025

Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award

An asbestos screening clinic in a small Montana town where thousands have been sickened by toxic dust from a nearby mine has been abruptly shuttered by authorities following a court order to seize the clinic’s assets to pay off a …

Posted: May 16, 2025

DeSantis Signs Law Making Florida 2nd State to Ban Fluoride From Water Systems

Florida Republican Gov. Ron DeSantis signed a measure Thursday prohibiting local governments from adding fluoride to their water systems, making it the second state in the country after Utah to implement a statewide ban on the mineral. DeSantis signe...

Posted: May 16, 2025

EPA to Rollback Limits on ‘Forever Chemicals’ in Drinking Water

The Environmental Protection Agency said Wednesday that it plans to weaken limits on some “forever chemicals” in drinking water that were finalized last year, while maintaining standards for two common ones. The Biden administration set t...

Posted: May 16, 2025

Alabama Lawmakers Approve Additional Legal Protections for Police Officers

MONTGOMERY, Ala. (AP) — Alabama lawmakers on Wednesday approved enhanced legal protections for police officers, changes that Republicans said show support for law enforcement but Democrats called “a green light to kill Black folks.” The A...

Posted: May 16, 2025

Boy Swept Away as Virginia and Maryland Hit With Heavy Rains and Flooding

Officials found the body of a 12-year-old boy who was swept away by rushing water on a Virginia roadway during a storm system that also forced a dozen students to stay overnight at a Maryland high school due to heavy …

Posted: May 16, 2025

Ex-FDNY Chief Gets 3 Years for Taking Bribes to Fast-Track Safety Inspections

A former New York City Fire Department chief was sentenced to three years in prison Wednesday for accepting tens of thousands of dollars in bribes to fast-track fire safety inspections at restaurants, hotels and other city businesses. Anthony Saccavi...

Posted: May 16, 2025

Army Working to Fix Military and Traffic Controllers Communications at DC Airport

A hotline between military and civilian air traffic controllers in Washington, D.C., that hasn’t worked for more than three years may have contributed to another near miss shortly after the U.S. Army resumed flying helicopters in the area for t...

Posted: May 16, 2025

Davis & Towle Acquires New Hampshire’s Tobey & Merrill Insurance

Insurance agency Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, announced its acquisition of Tobey & Merrill Insurance in Hampton. While the agency will operate under Davis & Towle’s ownership, it will keep...

Posted: May 16, 2025

Swiss Re Profits Up Despite Losses from California Wildfires

Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier, well ahead of the $952 &#8230...

Posted: May 16, 2025

Rogue Communication Devices Found in Chinese Solar Power Inverters

U.S. energy officials are reassessing the risk posed by Chinese-made devices that play a critical role in renewable energy infrastructure after unexplained communication equipment was found inside some of them, two people familiar with the matter sai...

Posted: May 16, 2025

Cyberattack-Hit M&S Says Food Availability Improving Every Day

British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our sto...

Posted: May 16, 2025