Insurance Journal

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

Morton Salt Settles Ohio Discrimination Case with $75,000 Payment

Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s...

Posted: May 16, 2025

Morton Salt Settles Ohio Discrimination Case With $75,000 Payment

Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s...

Posted: May 16, 2025

Christian Dior Couture Client Data Breached in Cyberattack

Christian Dior Couture has been hit by a cyberattack, with hackers obtaining some of its customers’ data. LVMH’s second biggest fashion label said it recently discovered that an “unauthorized external party” accessed some of i...

Posted: May 16, 2025

Texas Sweetens Pitch to CEOs, Boards With New State Protections

Texas is trying to entice more companies to ditch Delaware and incorporate in the state, just like Tesla Inc. and Space Exploration Technologies Corp. did last year at the behest of Elon Musk. Governor Greg Abbott is poised to sign …

Posted: May 16, 2025

Sedgwick Experts Outline Key Workers’ Comp Claims Trends

At last week's RIMS RISKWORLD conference in Chicago, experts from risk and claims administration partner Sedgwick outlined a few key workers' comp trends.

Posted: May 16, 2025

Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …

Posted: May 16, 2025

California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam

A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded gu...

Posted: May 16, 2025

People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang

Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relation...

Posted: May 16, 2025

Pilot’s Lack of Oxygen Cited as Likely Factor in 2023 Private Jet Crash in Virginia

A lack of oxygen that incapacitated the pilot and three passengers is likely what caused a private jet to become unresponsive before flying over the nation’s capital and prompting the military to scramble fighter jets in 2023, according to a &#...

Posted: May 16, 2025

Coinbase Hackers Had Access to Customer Data Since January

Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person familiar with the incident who asked not to be named discussing company matters. The largest US crypto exchange...

Posted: May 16, 2025

Conflagration’s role in the wildfire equation

This post is part of a series sponsored by Cotality. There’s a blurry line between where a wildfire ends and a conflagration begins. But, without an understanding of both types of fires, their dynamics, and their unique risks, it is …

Posted: May 15, 2025

People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO

Zurich North America announced key leadership changes within U.S. national accounts and underwriting as Heather Fox has been promoted to lead national accounts and Peter Caminiti was promoted to chief underwriting officer. Fox was most recently chief...

Posted: May 15, 2025

FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%

David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25% under current cost-sharing levels. Richardson, who took t...

Posted: May 15, 2025

Tired of Waiting on Tickets? There’s a Better Way.

This post is part of a series sponsored by Expert Insured. If every change in your system requires a support ticket, it’s already slowing you down-and costing you more than you think. At the Target Markets Mid-Year Conference in Dallas, …

Posted: May 15, 2025

Tesla’s Robotaxi Launch in Texas Faces Scrutiny Over Potential Accident Risks

Federal safety regulators have asked Elon Musk’s car company to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national “robotaxi” launch that is key to keeping its...

Posted: May 15, 2025

US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power

Rep. Scott Fitzgerald today reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO). The Insurance Data Protection Act was first presented by Fitzgerald, R-Wis., to the U.S. House of Representatives in September 2023...

Posted: May 15, 2025

Sweltering Heat Wave Hits U.S. from Dakotas to Texas

Sweltering heat more commonly seen in the throes of summer than in the spring was making an unwelcome visit this week to a large portion of the U.S. – from the Dakotas to Texas and other parts of the South …

Posted: May 15, 2025