Insurance Journal
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
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
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
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
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
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 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
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
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
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 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
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
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
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
CNA Financial Corp., headquartered in Chicago, made several leadership appointments across key business segments. David Haas has been appointed president global specialty, where he will oversee financial lines, healthcare, affinity and warranty. A se...
Posted: Aug 20, 2025
As Russia held its Victory Day parade this year, hackers backing the Kremlin hijacked an orbiting satellite that provides television service to Ukraine. Instead of normal programing, Ukrainian viewers saw parade footage beamed in from Moscow: waves o...
Posted: Aug 20, 2025
Allianz SE sold $1.25 billion of perpetual notes Tuesday, the German insurer’s latest batch of risky bonds that investors said could set the tone for the subordinated debt market. The Restricted Tier 1 bond has an annual coupon of 6.55%, …...
Posted: Aug 20, 2025
Solar and wind energy companies are betting on a novel form of insurance to protect their assets against wild and volatile weather — the very type of climate risk they were set up to fight. Renewable power projects can lose …
Posted: Aug 20, 2025
Less than a year after it purchased The General auto insurer, Sentry Insurance is leasing 105,000 square feet of office space in Nashville, giving The General new headquarters. The General, one of the largest non-standard auto insurers in the country...
Posted: Aug 20, 2025
The fatal explosion last week at U.S. Steel’s Pittsburgh-area coal-processing plant has revived debate about its future just as the iconic American company was emerging from a long period of uncertainty. The fortunes of steelmaking in the U.S....
Posted: Aug 20, 2025
California’s clean-air regulator is pressing ahead with work on new rules for auto emissions in the state and possible new tax credits for electric cars to counter the Trump administration’s effort to corral the state’s regulatory h...
Posted: Aug 20, 2025
A U.S. appeals court on Tuesday agreed with Elon Musk’s SpaceX and two other companies that the U.S. National Labor Relations Board’s structure is likely unlawful and blocked the agency from pursuing cases against them. The ruling by the...
Posted: Aug 20, 2025
Consumer advocates in the Oregon Division of Financial Regulation report recovering $1.2 for residents, bringing the year-to-date total to more than $3.7 million. In the second quarter, consumer advocates reported getting 1,367 complaints, with insur...
Posted: Aug 20, 2025
JPMorgan Chase & Co. lost an attempt to stop an 85-year-old widow from pursuing claims in arbitration that the company failed to prevent her son from siphoning more than $8 million from her bank accounts. The widow, Susan Kraus, in …
Posted: Aug 20, 2025
Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company’s electric vehicles. U.S. District Judge Rita Lin said the common question of wheth...
Posted: Aug 19, 2025