Insurance Journal
A U.S. judge on Wednesday held a three-hour hearing to consider objections to a deal between the Justice Department and Boeing that allows the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that …
Posted: Sep 04, 2025
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 insurers. Among the group, made up …
Posted: Sep 04, 2025
The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a serious risk to public health. G...
Posted: Sep 04, 2025
With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast. “It’s starting to get some traction. We’re seeing mor...
Posted: Sep 04, 2025
With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast. “It’s starting to get some traction. We’re seeing mor...
Posted: Sep 04, 2025
The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant natural catastrophes in the seco...
Posted: Sep 04, 2025
A chemical leak and fire at a suburban New York beauty products warehouse Tuesday may have been caused by a forklift mishap, officials said, warning neighbors to stay indoors. Commuter trains were temporarily stalled in the area ahead of the …
Posted: Sep 04, 2025
A Pennsylvania man has been charged with tricking people into investing money he claimed would be used to buy thousands of automated teller machines, causing more than $400 million of investor losses, U.S. authorities said on Wednesday. Daryl Heller,...
Posted: Sep 04, 2025
U.S. states of California, Oregon and Washington said on Wednesday they have launched a new health alliance to provide unified vaccine recommendations amid growing tensions over federal immunization policies and public health directives. Under the We...
Posted: Sep 04, 2025
South Korea’s largest mobile operator was hit with a fine and stern criticism from the country’s privacy regulator after a cyberattack disclosed in April compromised the data of about half the nation’s population. The Personal Infor...
Posted: Sep 03, 2025
Goldman Sachs Group Inc. is fighting an £8.9 million ($11.9 million) claim from a former compliance manager who won a sex-discrimination ruling that he was unfairly fired after taking six months of paternity leave. Jonathan Reeves, who worked in Gold...
Posted: Sep 03, 2025
Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-ow...
Posted: Sep 03, 2025
Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbo...
Posted: Sep 03, 2025
One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …...
Posted: Sep 03, 2025
What happens when a lifetime of insurance expertise is on the verge of walking out the door? At WAHVE (which stands for Work At Home Vintage Experts), we’ve built our business on ensuring that the industry doesn’t lose this invaluable ...
Posted: Sep 03, 2025
St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the w...
Posted: Sep 03, 2025
A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather t...
Posted: Sep 03, 2025
When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …
Posted: Sep 03, 2025
A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Tow...
Posted: Sep 03, 2025
Google won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with U.S. antitrust enforcers, but ordering Google to share data with rivals to open up …
Posted: Sep 03, 2025
Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining thei...
Posted: Sep 03, 2025
Fitch Ratings has revised its outlook for the global reinsurance sector to “deteriorating” for 2026 from “neutral” for 2025, reflecting its expectation that underlying operational and business conditions are likely to worsen,...
Posted: Sep 03, 2025
A Kentucky man entered a guilty plea to conspiring to defraud the U.S. Mine Safety and Health Administration (MSHA) in relation to an underground fire that occurred in the MC#1 Mine in Franklin County, Illinois, in August 2021. According to …
Posted: Sep 03, 2025
Workers at the Texas Department of Transportation have begun responding to calls to remove debris and abandoned vehicles from West Texas roads and extinguish vehicle fires. They also change flat tires and jumpstart car batteries. The program, launche...
Posted: Sep 03, 2025
A multi-vehicle crash Saturday on an East Texas interstate sent 17 injured people to area hospitals and shut down a major interstate for hours. None of the injuries appeared to be life threatening after the crash along Interstate 20 involving …
Posted: Sep 03, 2025