Insurance Journal

US LNG Exporters Race to Tie Up Financing as Surplus Looms

US developers are racing to cash in on the nation’s natural-gas export boom while they still can. The massive US buildout of terminals that process and ship liquefied natural gas, or LNG, has transformed the nation into the world’s top &#...

Posted: Sep 11, 2025

US Treasury-Led Watchdog Dismantles Climate Advisory Panels

U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations. The Fina...

Posted: Sep 11, 2025

Senator Pushes FTC to Investigate Microsoft for ‘Gross Cybersecurity Negligence’

U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in a string of high-profile cybersecurity incidents in recent years, saying the company’...

Posted: Sep 11, 2025

AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B

An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first six months, the …

Posted: Sep 11, 2025

When Is Your Home Safe After Wildfire Smoke? LA Researchers Have Some Answers

At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle Schneider’s house. Surrounded by stacked plastic bins of books and clothes, they opened up the drawers of a squat wooden &#82...

Posted: Sep 11, 2025

Leddy Named New CEO at Tampa-Based Ryze Claims Solutions

Tampa-based Ryze Claim Solutions has named Walter Leddy chief executive officer, effective immediately. Leddy previously was CEO of U.S. field services for Davies, an adjusting and insurance services firm. Leddy, who holds a master’s in busines...

Posted: Sep 11, 2025

Pinnacol’s EverPeak Acquires Method Insurance, a Workers’ Comp MGA

Pinnacol Assurance subsidiary EverPeak Insurance has acquired Method Insurance, a workers’ compensation managing general agent based in Nashville. The move is in response to brokers who require a seamless solution for diverse client bases, and...

Posted: Sep 11, 2025

Georgia Judge to Toss Landmark Racketeering Charges Against ‘Cop City’ Protestors

ATLANTA (AP) — A Georgia judge on Tuesday said he will toss the racketeering charges against all 61 defendants accused of a yearslong conspiracy to halt the construction of a police and firefighter training facility that critics pejoratively call &#8...

Posted: Sep 11, 2025

French Lawmaker Asks Prosecutor to Probe TikTok for ‘Endangering the Lives’ of Users

The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives”...

Posted: Sep 11, 2025

Duffy Acquires Sartori Agency of Massachusetts

Duffy Insurance Agencies in Lynn, Massachusetts announced it has acquired the Sartori Insurance, a family-run agency that has served the Lexington, Massachusetts community for more than 50 years. The Sartori team will continue to operate from the age...

Posted: Sep 11, 2025

Two High-Profile Personal injury Law Firms Sue… Each Other

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

Two High-Profile Personal Injury Law Firms Sue… Each Other

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

Scientists Link Major Carbon Emitters to Worsening Heat Waves

One quarter of more than 200 heat waves that occurred worldwide this century may have been impossible without human-induced global warming. Emissions from the world’s largest fossil fuel and cement companies played a significant role in worseni...

Posted: Sep 11, 2025

Markets/Coverages: Howden’s MGA DUAL Launches Cargo Insurance in Europe

DUAL Europe, the managing general agent and unit of insurance intermediary Howden, announced the launch of its cargo insurance business, effective from Sept. 1, 2025. This marks a strategic expansion of DUAL Europe’s marine proposition, followi...

Posted: Sep 11, 2025

Why Your Tech Stack Matters More Than Ever During CAT Season

If you’re an independent insurance agent, you already know what’s around the corner. Late summer and early fall bring peak CAT (catastrophic) event seasons, and they’re no joke. From hurricanes and wildfires to floods and severe sto...

Posted: Sep 11, 2025

Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions

Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfe...

Posted: Sep 11, 2025

Fleet Operators Want More From Their Insurers: Survey

A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims Experience Report surveying...

Posted: Sep 11, 2025

Bacterial Greening Disease Infects Nearly Half of Brazil’s Citrus Belt

Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil’s citrus belt, according to new data from industry-funded research group Fundecitrus on Wednesday. Such infections have increased fo...

Posted: Sep 11, 2025

Disaster Survivors Wait Longer to Get Federal Aid, Says AP

Survivors of major natural disasters in the U.S. are having to wait longer to get aid from the federal government, according to a new Associated Press analysis of decades of data. On average, it took less than two weeks for …

Posted: Sep 11, 2025

South Korean E-Commerce Giant Coupang Wins US Dismissal of IPO Lawsuit

Coupang, the e-commerce company often called the Amazon of South Korea, won the dismissal on Wednesday of a lawsuit claiming it defrauded shareholders during and after its 2021 initial public offering, Wall Street’s largest by a foreign company...

Posted: Sep 10, 2025

Wall Street Regulator Says it Has Concerns Over European ESG Rules

Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump...

Posted: Sep 10, 2025

More Than 60 Containers Fall Off Ship in Long Beach Port

More than 60 containers toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel named the Mississippi shortly before 9 a.m. on Tuesday, and no …

Posted: Sep 10, 2025

California Plans to Boost Utility Wildfire Fund by $18 Billion

California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people famili...

Posted: Sep 10, 2025

Michigan Manufacturer to Pay $460K to Settle Sexual Harassment Lawsuit

East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, will pay $460,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency anno...

Posted: Sep 10, 2025

Texas to Ban Minors From THC Products

THC products will remain largely legal in Texas, but will be banned for minors and further regulated under a new executive order by Gov. Greg Abbott on Wednesday. Abbott directs the Texas Department of State Health Services and the Alcoholic …

Posted: Sep 10, 2025