Insurance Journal

Texas AG Secures $60M Judgment in Pollution Case

Texas Attorney General Ken Paxton last week announced a judgment of more than $60 million against David Polston and his companies, Inland Environmental and Remediation, Inland Recycling, and Boundary Ventures, for allegedly dumping pollutants in Texa...

Posted: May 14, 2025

Michigan County Settles Lawsuit Over Elected Official Flashing Rifle During Zoom Meeting

A Michigan county has settled a lawsuit over an elected official who flashed a rifle during a COVID-19-era public meeting on Zoom. Patricia MacIntosh accused Ron Clous of trying to silence her right to free speech when he displayed the …

Posted: May 14, 2025

Michigan County Settles Lawsuit Over Official Flashing Rifle During Zoom Meeting

A Michigan county has settled a lawsuit over an elected official who flashed a rifle during a COVID-19-era public meeting on Zoom. Patricia MacIntosh accused Ron Clous of trying to silence her right to free speech when he displayed the …

Posted: May 14, 2025

Texas Bill That Limits Spread of ‘Forever Chemicals’ Misses Key Deadline

A bill aimed at limiting the spread of toxic chemicals on Texas farmland has hit a political wall — missing a key deadline that decreases its likelihood of passage this session. House Bill 1674, introduced by Rep. Helen Kerwin, R-Cleburne, …

Posted: May 14, 2025

New Jersey Announces $450 Million PFAS Settlement With 3M Days Before Start of Trial

New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state’s lawsuits and address damage to the state’s water and other natural resources from dangerous chemicals. New Jersey Attorney G...

Posted: May 14, 2025

Georgia Grants Tax Breaks for Crop Insurance and Disaster Aid After Helene

FORSYTH, Ga. (AP) — Georgia’s governor signed a law Thursday to exempt federal crop insurance and disaster payments following Hurricane Helene damage from Georgia state income taxes, but it could be months more before some federal money starts...

Posted: May 14, 2025

Steelmaker Nucor Shuts Down Some Output After Cyberattack

Nucor Corp., the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems. The company took potentially affected systems offline and implemented ot...

Posted: May 14, 2025

Toyota Settlement, Walmart Lawsuit Scrapped by CFPB

The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the auto giant illegally steered thousands of consumers into costly and unwanted product bundles, according to documents pu...

Posted: May 14, 2025

Miami U Linebacker Adarius Hayes Was Driver in Crash That Killed Three, Police Say

LARGO, Fla. (AP) — Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the …

Posted: May 14, 2025

Miami Linebacker Adarius Hayes Was Driver in Crash That Killed Three, Police Say

Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the crash were all in …

Posted: May 14, 2025

USDA Restores Some Climate-Related Webpages After Farmer Lawsuit

The U.S. Department of Agriculture restored on May 13 some climate change-related webpages that the agency had deleted since President Donald Trump’s inauguration, after being sued by farm and environmental groups, one of the groups said. The T...

Posted: May 14, 2025

Georgia Becomes Second State to Shield Bayer From Roundup Cancer Claims

In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers. The legislation signed Friday by Georgia Gov....

Posted: May 14, 2025

People Moves: Medical Liability Insurer EmPRO Expands to Massachusetts, Names 3

Medical malpractice insurer EmPRO Insurance Co. has opened its first office in Massachusetts. The new Boston office marks EmPRO’s further expansion into the New England market, following prior entries into New Jersey, Pennsylvania and Connectic...

Posted: May 14, 2025

Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review

Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …

Posted: May 14, 2025

Update: Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review

Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …

Posted: May 14, 2025

Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover

Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for …

Posted: May 14, 2025

As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings

By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.

Posted: May 14, 2025

Conduit Re Names Eckert as CEO

CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the reti...

Posted: May 14, 2025

UK Watchdog Set to Ease Insurance Rules for Large Companies

The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda. The changes...

Posted: May 14, 2025

People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market

Bennett Himes joined Zurich North America, headquartered in Schaumburg, Illinois, as the new head of underwriting for U.S. middle market. Himes oversees the overall portfolio strategy and maintaining the underwriting integrity of Zurich’s U.S....

Posted: May 14, 2025

South Africa’s Tiger Brands Offers Settlement to Plaintiffs in Listeriosis Class Action

Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000...

Posted: May 14, 2025

State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill

A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s largest tech and AI companies...

Posted: May 14, 2025

Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss

The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5 million loss …

Posted: May 14, 2025

People Moves: The Buckner Company Appoints Kettler as President

The Buckner Company appointed Joshua Kettler as president, effective June 2. Kettler has experience spanning strategy, operations and executive advisory roles. He worked at Patagonia, where he was a partner to the head of global sales and customer ex...

Posted: May 14, 2025

Judge Recommends Approving 17% State Farm Rate Hike in California

It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Selig...

Posted: May 13, 2025