Insurance Journal
The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. ...
Posted: Jul 23, 2025
The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Mar...
Posted: Jul 23, 2025
A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two orga...
Posted: Jul 23, 2025
Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York...
Posted: Jul 23, 2025
The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Execu...
Posted: Jul 23, 2025
Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After t...
Posted: Jul 23, 2025
Steve Wolfenberger joined Alliant Insurance Services, headquartered in Irvine, California, as vice president within its employee benefits group. Based in California, Wolfenberger focuses on delivering customized benefits strategies for mid-sized empl...
Posted: Jul 23, 2025
Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on A...
Posted: Jul 23, 2025
A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …
Posted: Jul 23, 2025
Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and...
Posted: Jul 23, 2025
The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged...
Posted: Jul 22, 2025
Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …
Posted: Jul 22, 2025
Bleach maker Clorox said Tuesday it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company’s staff for employees’ passwo...
Posted: Jul 22, 2025
Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian in...
Posted: Jul 22, 2025
Democratic Gov. Katie Hobbs toured the destruction left by a wildfire along the Grand Canyon’s North Rim, on Saturday, surveying what she described as devastating damage. The governor, who has called for an investigation into how the blaze was...
Posted: Jul 22, 2025
Changes to the taxes paid by litigation investors did not make it in the final version of the expansive One Big Beautiful Bill, but the issue of third-party litigating funding continues to have the attention of at least some lawmakers …
Posted: Jul 22, 2025
North Carolina’s residual property insurance association is expanding its roof-grant program by $20 million, offering $6,000 to policyholders who upgrade their roofs to the more wind-resistant FORTIFIED standard. “In May, we launched the...
Posted: Jul 22, 2025
Severe storms are triggering flooding in parts of Europe following weeks of extreme heat, while temperatures on the Italian island of Sicily climb to 44C (111F). A powerful low-pressure system delivered heavy precipitation as it moved east into centr...
Posted: Jul 22, 2025
The insurer for the actor Justin Baldoni and other executives at his movie studio Wayfarer says its policy does not cover actress Blake Lively’s allegations of sexual harassment during the filming of the movie “It Ends With Us.” Way...
Posted: Jul 22, 2025
Hackers exploited a security flaw in common Microsoft Corp. software to breach governments, businesses and other organizations across the globe and steal sensitive information, according to officials and cybersecurity researchers. Microsoft over the...
Posted: Jul 22, 2025
This edition of International People Moves details appointments at Willis and Aspen Insurance Holdings. A summary of these new hires follows here. Willis Launches Dedicated Residential Real Estate Team, Led by Palmer, Grainger Willis, a WTW business,...
Posted: Jul 22, 2025
Hewlett Packard is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former business partner over its acquisition of their British software firm Autonomy, a judge at London’s High Court said …
Posted: Jul 22, 2025
Hewlett Packard Enterprise Co. lost around £730 million ($985 million) after it bought Mike Lynch’s firm Autonomy Corp., a London judge ruled less than a year after the British tech tycoon drowned when his yacht sank in a storm off …
Posted: Jul 22, 2025
British business leaders are putting a brake on their plans to combat climate change and do not believe the government’s approach to net zero is compatible with growth, a survey of 1,000 executives showed on Tuesday. Both large companies and &#...
Posted: Jul 22, 2025
Philippine authorities suspended government work and classes in the capital region and dozens of provinces for a third day on Wednesday, warning of continued strong rains that killed at least six people and forced thousands in flooded areas to evacua...
Posted: Jul 22, 2025