Insurance Journal

Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies

Canadian energy giants Cenovus Energy Inc. and Enbridge Inc. are facing a greenwashing complaint by an investor group that accuses the companies of misleading disclosures over emissions targets. Investors for Paris Compliance (I4PC) accused the oil s...

Posted: Aug 21, 2025

Litigation Funder’s Plan to Invest in Law Firms Called ‘Bad Policy,’ With Big Impacts

With more states adding or considering restrictions on third-party funding of lawsuits, one of the largest litigation finance firms is now planning to invest directly in some law firms. “We are pursuing strategic minority investments in firms w...

Posted: Aug 21, 2025

How to Keep Small Business Insurance Customers From Jumping Ship

Are property/casualty insurers facing a potential retention problem with small business customers? According to the J.D. Power 2025 U.S. Small Commercial Insurance Study, just 55% of customers say they “definitely will” renew with their c...

Posted: Aug 21, 2025

Montpelier Flood Mitigation Plan Calls for Removing Dam, Restoring Floodplain

In Montpelier, city officials plan to remove the Pioneer Street Dam and restore a nearby floodplain. Together, the projects are predicted to have compounding positive effects that reduce flood risk in the city. The Pioneer Street Dam — an old …

Posted: Aug 21, 2025

People Moves: CREST Appoints Gibbs Relationship Development Manager

CREST Insurance Group named Jennifer Gibbs relationship development manager for CREST’s personal lines division. Gibbs will work out if the firm’s San Diego, California, headquarters. Gibbs has more 20 years of experience in wholesale pro...

Posted: Aug 21, 2025

Transgender Runner Sues NCAA and College for Removal From Track Team

Long-distance runner Evie Parts has sued the NCAA and Swarthmore College as well as members of its athletic department, saying they illegally removed her from the track team because she is a transgender athlete. Parts’ lawsuit said the NCAA&#82...

Posted: Aug 21, 2025

Arizona, Nevada and Mexico Will Again Get Less Colorado River Water in 2026

Arizona, Nevada and Mexico will again live with less water from the Colorado River as drought lingers in the West, federal officials announced Friday. The Colorado River is a critical lifeline to seven U.S. states, 30 Native American tribes, and &#82...

Posted: Aug 21, 2025

Pennsylvania Finally Gets Its $200M Slice of Insurance Association’s Surplus Pie

Pennsylvania Attorney General Dave Sunday recently announced a $200 million transfer of funds from the Professional Liability Joint Underwriting Association (JUA) into the state’s general fund. The transfer was the result of the Attorney Genera...

Posted: Aug 21, 2025

Court Says Immunity Shields Former New York AG From Malicious Prosecution Claims

A federal judge has dismissed a case brought by a former New York City Council member alleging that a former New York State attorney general wrongly prosecuted him on the grounds that the former state official is protected by immunity. …

Posted: Aug 21, 2025

Viewpoint-AI Will Replace Most Humans, But Then What?: Jen

The opinions expressed here are those of the author, the CEO and co-CIO of Eurizon SLJ asset management. Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has &...

Posted: Aug 21, 2025

Viewpoint – AI Will Replace Most Humans, But Then What?: Jen

The opinions expressed here are those of the author, the CEO and co-CIO of Eurizon SLJ asset management. Is technology more job augmenting or job replacing? This has been a long-standing debate. But recent academic work suggests that technology has &...

Posted: Aug 21, 2025

AM Best Maintains Under Review With Negative Implications Status for UNAIC

AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal North America Insurance Company (UNAIC) based in Ar...

Posted: Aug 20, 2025

People Moves: Texas Mutual Elects Cogan to Board of Directors

Doug Cogan, of Cypress, Texas, has been elected to the Texas Mutual Insurance Company board of directors. He was elected at the company’s annual policyholder meeting. Cogan’s board terms for Texas Mutual, the state’s leading provide...

Posted: Aug 20, 2025

Midwest Gas Station to Pay $35K in Discrimination Case

Kwik Trip Inc., a family-owned gasoline station and convenience store with over 800 locations in the upper Midwest, agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency annou...

Posted: Aug 20, 2025

People Moves: NFP Tabs Ryan to Lead Complex Risk Business in Central and West Regions

NFP, an Aon company and leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, has appointed Tom Ryan as managing director of Complex Risk for its Central and West regions. Based in the Chicago area, Ry...

Posted: Aug 20, 2025

Southern California Faces Record Heat and Braces for Wildfires

A days-long heat wave rolling across parts of the US West is expected to ramp up wildfire risk, prompting California to pre-deploy crews as record-dry vegetation potentially acts as kindling for blazes. Temperatures in Southern California are expecte...

Posted: Aug 20, 2025

People Moves: Trucordia Promotes Greve to SVP of Marketing

Trucordia, headquartered in Lindon, Utah, promoted Leslie Greve to senior vice president of marketing. Greve previously served as vice president of marketing. Greve will continue to support the growth of the business along with the Trucordia brand am...

Posted: Aug 20, 2025

Delta, United Sued for Selling Windowless ‘Window Seats’

Delta Air Lines and United Airlines were sued on Tuesday by passengers who claimed they paid extra money to sit in “window” seats, only to find themselves placed in seats next to a blank wall. Proposed class actions were filed …

Posted: Aug 20, 2025

Court Invalidates Maryland Digital Ad Tax for Blocking Tech Firms From Telling About It

Maryland’s first-in-the-nation tax on digital advertising violated the Constitution, a federal appeals court says, because blocking Big Tech from telling customers about the tax violates the companies’ right to free speech. Supporters say...

Posted: Aug 20, 2025

Connecticut House Fire Kills 2 Adults and 2 Children, Injures 5 Others

A fast-moving fire roared through a Connecticut home early Monday, killing two adults and two children and injuring five other people, including a firefighter, authorities said. The fire in Hartford broke out around 2:30 a.m., and firefighters found...

Posted: Aug 20, 2025

Beshear Bans Designer Xanax Drug in Kentucky as AGs Urge Emergency Action

Kentucky Gov. Andy Beshear took emergency action Monday to ban the sale of “designer Xanax,” responding to a request from his state’s attorney general who is leading a broader effort to combat the highly potent synthetic drug linked...

Posted: Aug 20, 2025

Pivix Specialty Launches E&S Brokerage Unit With Gramm at Helm

Pivix Specialty Insurance Services Inc., a Scottsdale-based excess and surplus managing general agent distributing through wholesale brokers, has opened a brokerage division. Pivix, which is backed by Ambac Financial Group, Inc., entered the market l...

Posted: Aug 20, 2025

People Moves: Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary Casualty; His...

This edition of International People Moves details appointments at Markel Canada and Hiscox. A summary of these new hires follows here. Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary Casualty Markel Insurance, th...

Posted: Aug 20, 2025

States Rethink Practice of Setting Speed Limits Based on How Fast Drivers Travel

Rose Hammond pushed authorities for years to lower the 55 mph speed limit on a two-lane road that passes her assisted living community, a church, two schools and a busy park that hosts numerous youth sports leagues. “What are you …

Posted: Aug 20, 2025

Markets/Coverages: MGA Coalition Launches Cyber Insurance in France

Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. French companies with revenues of up to €...

Posted: Aug 20, 2025