Insurance Journal
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-t...
Posted: Dec 03, 2025
Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to Moscow. The cost of covering visits to Russian ports in the Black Sea has jumped more …
Posted: Dec 03, 2025
Landlords in Baltimore are being held liable for hiring a convicted sex offender with a violent criminal record who then attacked two tenants and set them on fire, with a jury awarding the victims $21.5 million. The same man murdered …
Posted: Dec 03, 2025
Independent insurance agencies The Baldwin Group and CAC Group have agreed to merge to create one of the largest independent insurance advisory and distribution platforms in the U.S. Baldwin said the purchase price of about $1.03 billion consists of...
Posted: Dec 03, 2025
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in …
Posted: Dec 03, 2025
Annie Vargas could see her son slipping away and pleaded with him to seek help. But her son, Brian Wittke, a 41-year-old Delta Air Lines pilot and father of three, pushed back, terrified that getting treatment for depression would cost …
Posted: Dec 03, 2025
OVERLAND PARK, KS (Dec 3, 2025) – Alta Risk, an underwriting manager focused on specialty excess liability and environmental liability insurance, today announced that AM Best has assigned the firm a Delegated Underwriting Authority Enterprise (DUAE)...
Posted: Dec 03, 2025
Japan’s Asahi Group on Thursday [November 27] said it aims to normalize logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The be...
Posted: Dec 03, 2025
A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus …
Posted: Dec 03, 2025
Demex, a technology-enabled reinsurance solution provider headquartered in New York City, promoted Michael Anderson to CEO following four years as chief growth officer. Demex also promoted Matthew Coleman to president, reinsurance from chief risk off...
Posted: Dec 03, 2025
A powerful coalition of tech companies backed by the White House’s artificial intelligence chief appears to have failed to persuade lawmakers to use a must-pass defense bill to block state governments from regulating artificial intelligence, a...
Posted: Dec 03, 2025
Asurion LLC has agreed to acquire UK warranty business Domestic & General Group Ltd. as the US company looks to expand its business and geography. Nashville, Tennessee-based Asurion is buying D&G from CVC Capital Partners Plc and the Abu Dhab...
Posted: Dec 03, 2025
The Bank of England said on Tuesday that threats to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending and bets with borrowed money in government bond mark...
Posted: Dec 03, 2025
There has been much discussion in the insurance industry about artificial intelligence (AI) and how it can take on mundane, laborious tasks and complete them in a fraction of the time it would take a human. But the technology is …
Posted: Dec 03, 2025
A new flood insurance quoting platform aims to streamline the process for insurance agents and brokers, providing real-time quotes from federal and private insurers all in one place. Flood Quotes is owned by National Flood Insurance LLC, and is based...
Posted: Dec 03, 2025
Simplifai, a provider of agentic artificial intelligence for property-casualty insurance claims, with offices in Miami, Florida, and Oslo, Norway, has named new members to its board of directors. Noel Hamill and Nils Thomas Lien, both of whom have bu...
Posted: Dec 03, 2025
A working group on wildfires in Washington wants the state Legislature to consider requiring insurers to internally track instances in which wildfire risk materially contributes to a policy nonrenewal, cancellation or eligibility determination—and to...
Posted: Dec 03, 2025
The Maine Bureau of Motor Vehicles (BMV) has joined the opposition to a federal rule that limits which legal immigrants can obtain a commercial driver’s license (CDL) or permit. The state says that if the new restrictions go into effect, …...
Posted: Dec 03, 2025
Strategic Risk Solutions (SRS), an independent manager of insurance companies including captives, announced the appointment of Sandy Bigglestone as managing director/chief officer for Governance, Regulatory and Compliance. Beginning in January 2026,...
Posted: Dec 03, 2025
Strategic Risk Solutions (SRS), an independent manager of insurance companies including captives, announced the appointment of Sandy Bigglestone as managing director/chief officer for Governance, Regulatory and Compliance. Beginning in January 2026,...
Posted: Dec 03, 2025
The city of San Francisco sued Kraft, Mondelez, Coca-Cola and other makers of ultra-processed foods on Tuesday, accusing them of knowingly sickening California residents with addictive and harmful products. City Attorney David Chiu filed the lawsuit...
Posted: Dec 02, 2025
Illinois Attorney General Kwame Raoul announced a $120 million settlement with Monsanto Company (Monsanto) and affiliates Solutia Inc. and Pharmacia LLC over the environmental and health effects of Monsanto’s decades-long production of polychlo...
Posted: Dec 02, 2025
Illinois Attorney General Kwame Raoul announced a $120 million settlement with Monsanto Company (Monsanto) and affiliates Solutia Inc. and Pharmacia LLC over the environmental and health effects of Monsanto’s decades-long production of polychlo...
Posted: Dec 02, 2025
Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management division of Ryan Specialty (NYSE: RYAN), announced the formal rebranding of their North American Professional Liability (“NAPL”) team to Ryan Financial...
Posted: Dec 02, 2025
The Louisiana Department of Insurance (LDI) is holding an Insurance Pop-Up Office from 8:30 a.m. – 4 p.m. on Tuesday, Dec. 2, and Wednesday, Dec. 3., for residents of Lake Charles and the surrounding area. The event is at the …
Posted: Dec 02, 2025