Insurance Journal
Insurers through the first nine months of 2025 recorded an underwriting profit of $35.3 billion—far above a $4 billion result at the same point the year prior. As public insurance companies announce fourth quarter and full-year earnings, Verisk and t...
Posted: Feb 09, 2026
A California state court case over whether Instagram and YouTube harmed a woman’s mental health through addictive app design kicks off on Monday with opening statements, in a test of whether Big Tech platforms can be held liable for harming ...
Posted: Feb 09, 2026
U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday [Feb. 5] that the data of an additional 165,000 users was leaked in a major security breach, which a South Korean government official said had shaken the country’s allian...
Posted: Feb 09, 2026
The UK, Ireland and the Netherlands joined a wave of European nations issuing recalls of Danone SA infant formula as the French company’s exposure to the contamination crisis deepens. Some batches of Danone’s Aptamil and Cow & Gate fo...
Posted: Feb 09, 2026
The European Union is set to relax emissions-reduction rules for thousands of companies, recalibrating the world’s most rigorous carbon market under pressure from industry and governments concerned about the region’s sinking competitivene...
Posted: Feb 09, 2026
Portugal’s government approved a set of emergency laws to speed reconstruction after deadly flooding, clearing administrative hurdles as part of a €2.5 billion ($2.9 billion) support package in one of the largest disaster-relief efforts ever mo...
Posted: Feb 09, 2026
The European Union’s executive arm proposed further sanctions against Russia on Friday over the Ukraine war, including a ban on shipping services that help Moscow’s oil industry and measures targeting the country’s financial service...
Posted: Feb 09, 2026
TikTok was charged on Friday with breaching EU online content rules over what the bloc’s regulator said were its addictive features and was told to change the design of its app or risk a fine of as much as 6% …
Posted: Feb 09, 2026
The European Union’s executive arm said it detected a recent cyberattack that may have exposed limited staff contact details, but that no devices were compromised. The incident was detected on Jan. 30 by the central infrastructure team that man...
Posted: Feb 09, 2026
MGAs don’t struggle to scale because teams lack expertise or work ethic. They struggle because their operating model quietly bleeds time—through rework, handoffs, data clean-up, and manual coordination that compounds as volume grows. That leaka...
Posted: Feb 09, 2026
Columbus, Ohio-based Nationwide announced Feb. 5 that it entered into an agreement to acquire the renewal rights for surety and fidelity bonds issued by Main Street America Insurance, a unit of American Family Insurance. Terms of the deal were not &#...
Posted: Feb 09, 2026
A federal appeals court on Friday rejected a challenge to a move by President Donald Trump’s administration to ban diversity, equity and inclusion programs at federal agencies and businesses with government contracts. A three-judge panel of the...
Posted: Feb 09, 2026
A bill moving swiftly through the Florida House of Representatives could help ease the shortage of customer representatives at insurance agencies by waiving longstanding education requirements. House Bill 1343 would allow insurance customer represent...
Posted: Feb 09, 2026
A bill moving steadily through the Florida Legislature has suddenly ignited a storm of controversy, with some insurance agents and brokers worried it could benefit one large brokerage while costing others fees and flexibility on takeouts of Citizens...
Posted: Feb 09, 2026
President Donald Trump is demanding a $1 billion payment from Harvard University to end his prolonged standoff with the Ivy League campus, doubling the amount he sought previously as both sides appear to move further from reaching a deal. The …
Posted: Feb 09, 2026
A lawsuit that targets companies that distribute computer code that facilitates the illegal manufacture of 3D printed ghost guns was filed by California Attorney General Rob Bonta and San Francisco City Attorney David Chiu. The lawsuit filed on Frida...
Posted: Feb 09, 2026
A Massachusetts concrete services company pleaded guilty in federal court in Boston to willfully violating Occupational Safety and Health Administration (OSHA) safety standards in a 2023 incident that led to a worker’s death. John Oliveira &...
Posted: Feb 09, 2026
A California produce company was fined $6.7 million for wage violations affected more than 10,000 farmworkers. The California Labor Commissioner’s Office reached the settlement with Santa Maria-based Alco Harvesting LLC (dba Bonipak Produce Inc...
Posted: Feb 09, 2026
A fire tore through a northeastern Pennsylvania hospital, sending smoke billowing into the air as dozens of patients were evacuated and emergency medical crews were rushed in from across the region, authorities said. No one was reported injured by th...
Posted: Feb 08, 2026
A freight train derailed Thursday in Connecticut, sending cars carrying flammable liquid propane into the water, though officials say they don’t appear to be leaking. Local and state officials said the derailment happened around 9 a.m. in Mansf...
Posted: Feb 08, 2026
Billionaire Rick Caruso is sticking with his decision to stay out of the race for Los Angeles mayor, despite raising the prospect he would reconsider following a news report that Mayor Karen Bass asked to soften an after-action investigation into ...
Posted: Feb 06, 2026
McGowan Allied Specialty Insurance announced a strategic realignment of sales territories within its in-house team designed to enhance services, improve regional coverage, and ensure a more tailored experience for clients across the country. The Ohio...
Posted: Feb 06, 2026
A Louisiana insurance agency has been ordered to pay $1.2 million in premium refunds for overcharging fraudulent fees on commercial surety bond policies. The Louisiana Department of Insurance announced that Alexander Ellsworth and his agency, Ellswor...
Posted: Feb 06, 2026
Allstate posted significantly higher net and underwriting income for the fourth quarter and full year. With affordability top of mind, that leads to questions about excessive profits. Similar to Chubb’s earnings call, analysts asked Allstate CE...
Posted: Feb 06, 2026
NFP Appoints Spencer as SVP, Commercial Risk, Northeast NFP, an Aon company and property/casualty broker and benefits consultant headquartered in New York City, appointed Jack Spencer as senior vice president, commercial risk, in its Northeast region...
Posted: Feb 06, 2026