Insurance Journal

UK Plans to Ban Public Sector Bodies From Paying Ransom to Cyber Criminals

Britain plans to ban public sector bodies and operators of critical national infrastructure, including the state-run health service, local councils and schools, from paying ransom demands to cyber criminals, it said on Tuesday. The country has been t...

Posted: Jul 22, 2025

Camp Mystic Deaths After Floods Darken a Cherished Texas Tradition

Camp Mystic was the totemic rite of passage for girls from establishment families in the American South: Lyndon Johnson sent his daughters there, Laura Bush worked there as a counselor years before becoming First Lady, and its alumni include the &#82...

Posted: Jul 22, 2025

How to Use Relationship Data to End Insurance Commission Clawbacks

This post is part of a series sponsored by AgentSync. The strength of an insurance partnership is about more than good vibes—it’s about the money. A strong partnership delivers real bottom-line value for both parties; a weak one often feels &#8...

Posted: Jul 22, 2025

People Moves: Novatae Risk Group Names Arora as VP Data, Business Intelligence & Innovation

Novatae Risk Group (Novatae), headquartered in Dallas, Texas, named Anju Arora to the newly created role of vice president of data, business intelligence and innovation. Arora will spearhead Novatae’s data-driven transformation, overseeing busi...

Posted: Jul 22, 2025

People Moves: Novatae Names Arora as VP Data, Business Intelligence & Innovation

Novatae Risk Group (Novatae), headquartered in Dallas, Texas, named Anju Arora to the newly created role of vice president of data, business intelligence and innovation. Arora will spearhead Novatae’s data-driven transformation, overseeing busi...

Posted: Jul 22, 2025

Insurer Says it Has No Duty to Defend Kansas City Super Bowl Parade Shooting Lawsuit

Cincinnati Specialty Underwriters said in a complaint last week that it has no duty to defend or indemnify a Kansas City sports promotion group facing an underlying lawsuit over a mass shooting at a 2024 Super Bowl parade. CSU said …

Posted: Jul 22, 2025

Louisiana Cancels $3B Gulf Coast Repair Project Funded by Deepwater Horizon Settlement

Louisiana last week canceled a $3 billion repair of disappearing Gulf coastline, funded by the 2010 Deepwater Horizon oil spill settlement, scrapping what conservationists called an urgent response to climate change but Gov. Jeff Landry viewed as a t...

Posted: Jul 22, 2025

Louisiana Cancels $3B Gulf Coast Repair Funded by Deepwater Horizon Settlement

Louisiana last week canceled a $3 billion repair of disappearing Gulf coastline, funded by the 2010 Deepwater Horizon oil spill settlement, scrapping what conservationists called an urgent response to climate change but Gov. Jeff Landry viewed as a t...

Posted: Jul 22, 2025

Trump Exempts Scores of Plants From Biden’s Pollution Rules

President Donald Trump is allowing chemical makers, coal-fired power plants and other facilities to bypass a range of environmental regulations on grounds that the waivers are needed for national security purposes. The plants, which also include taco...

Posted: Jul 22, 2025

Ground Squirrel Overpopulation Poses Threat to Minot, North Dakota Residents

The Richardson’s ground squirrel weighs less than a pound, is about a foot long and is native to the northern Plains. The little creature also is a ferocious tunneler, and it’s exasperating the people of Minot, North Dakota, where it&#821...

Posted: Jul 22, 2025

People Moves: W.R. Berkley Promotes Albert President of Vela Insurance; Fusion Specialty Names Under...

W. R. Berkley Corporation, headquartered in Greenwich, Connecticut, named Shadi Albert as president of Vela Insurance Services. He succeeds Arthur G. Davis, who will assume the role of chairman of the business. The appointments are effective immediat...

Posted: Jul 22, 2025

New Georgia Workers’ Comp Rules Took Effect in July, Aiming at Clarity, Consistency

The Georgia General Assembly made no statutory changes to the Workers Compensation Act in 2025. However, effective July 1, 2025, the Georgia State Board of Workers’ Compensation (SBWC) has introduced several important updates to its rules. Thes...

Posted: Jul 22, 2025

Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes

Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The index marks its 25th year i...

Posted: Jul 22, 2025

KBRA Upgrades AmCoastal Debt Ratings, Reducing Interest Expenses

One year after American Coastal Insurance went through a regulator-forced shakeup in leadership, the Florida-based carrier’s holding company has received a slight upgrade in its debt rating from KBRA, producing a savings on interest expenses. &...

Posted: Jul 22, 2025

Alaska Air Resumes Flights After IT Outage Led to Grounding

Alaska Air Group Inc. continued to recover on Monday after temporarily grounding its entire fleet due to a data center equipment failure that affected several of the carrier’s key operating systems. Eighty-three Alaska Air flights, or about 9%...

Posted: Jul 22, 2025

Tesla to Fight California’s Claim It Overhypes Autopilot

Tesla Inc. is set to face off with the California Department of Motor Vehicles over claims that the company has exaggerated the capabilities of its Autopilot and Full Self-Driving technology and misled consumers. The stakes are high at a five-day &#8...

Posted: Jul 22, 2025

People Moves: Oldenburg Joins Alliant as SVP in Oregon; IMA Names Branch Oregon Market President

Oldenburg Joins Alliant Insurance Services as Senior Vice President in Portland, Oregon Andy Oldenburg joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Portland, Oregon, Oldenburg will provide...

Posted: Jul 22, 2025

Fashion Startup Founder Charged With $300M Fraud Freed on $1M Bail

A former chief executive of two clothing technology companies was released on $1 million bail Friday after pleading not guilty to charges alleging she cheated investors of over $300 million over the past six years. Christine Hunsicker, 48, of Lafayet...

Posted: Jul 22, 2025

Meta Investors Settlement With Zuckerberg Takes Heat Off Delaware

A last-minute settlement between Meta Platforms shareholders and the company’s leadership last week ended an $8 billion trial and spared Mark Zuckerberg from testifying about alleged violations of Facebook users’ data. It also took the he...

Posted: Jul 22, 2025

Stop the Tech Juggle: Why Insurance Agencies Need a Single System to Thrive

This post is part of a series sponsored by EZLynx. You work hard to give your clients a smooth insurance experience — and the way your agency runs behind the scenes should be just as streamlined. Even with the right …

Posted: Jul 21, 2025

Woman, 66, Is 10th Person to Die After Massachusetts Assisted-Living Facility Fire

A tenth person has died after a fire that tore through an assisted-living facility in Massachusetts last weekend, officials confirmed on Saturday. Brenda Cropper, 66, died at a hospital Friday, according to Bristol County District Attorney Thomas M....

Posted: Jul 21, 2025

Trump Sues Wall Street Journal and Murdoch for $10B Over Reporting on Epstein Ties

President Donald Trump filed a $10 billion lawsuit against The Wall Street Journal and media mogul Rupert Murdoch Friday, a day after the newspaper published a story reporting on his ties to wealthy financier Jeffrey Epstein. The move came shortly &#...

Posted: Jul 21, 2025

WR Berkley Q2 Net Income Up Near 8% on Underwriting, Investments

Second quarter 2024 net income at W.R. Berkley Corp. increased nearly 8% compared to the same period a year ago Net income was about $401.3 million for Q2 2025 compared to net income of $371.9 million a year ago during …

Posted: Jul 21, 2025

Uber Alleges Inflated Injury Bills in Los Angeles Insurance Fraud Lawsuit

Uber Technologies Inc. is suing a group of lawyers and medical providers in Los Angeles who it says have made fraudulent insurance claims that cost the company millions in legal fees — the third such lawsuit it’s filed this year. …

Posted: Jul 21, 2025

What’s in the EU’s 18th Sanctions Package Against Russia?

Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia’s oil and energy industry. OIL PRICE CAP Central to the …

Posted: Jul 21, 2025