Insurance Journal

Uvalde Approves $2M Settlement for Families of Elementary School Shooting Victims

City leaders in Uvalde, Texas, approved a $2 million settlement for families of the victims of the 2022 Robb Elementary School shooting, marking the first time one of the myriad lawsuits has led to financial compensation. Attorneys for the families &...

Posted: Apr 28, 2025

Viewpoint: Turning the Embedded Insurance Challenge Into an Opportunity

Would you like pet insurance with your juvenile ball python, Ma’am? Until relatively recently, that kind of additional purchase came only after settling the scaly friend safely in its new terrarium at home. But with the growth of e-commerce, in...

Posted: Apr 28, 2025

Health Officials Seek to Phase Out Artificial Dyes From the Food Supply

U.S. health officials say they will urge foodmakers to phase out petroleum-based artificial colors in the nation’s food supply, but stopped short of promising a formal ban and offered few specifics on how they intended to achieve the sweeping c...

Posted: Apr 28, 2025

Did Florida House ‘Sneak’ Attorney Fee Wording Into Phosphate Mine Bill?

A late amendment to a phosphate mine bill has set off alarm bells among some in the Florida insurance industry, with concerns that it could cut out the heart of 2022 and 2023 legislative changes that disincentivized excessive claims litigation. &#823...

Posted: Apr 28, 2025

Risk Strategies Acquires Texas’ GMC Advisors

Risk Strategies announced that it has acquired GMC Advisors, LLC., based in Houston, Texas. Terms of the deal were not disclosed. Headed by owner Greg Chubon, GMC Advisors is a specialist in commercial lines insurance products, with a focus on &#8230...

Posted: Apr 28, 2025

New York High Court Unleashes Expanded Liability for Pet Owners

Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring a ordinary negligence claim against a …

Posted: Apr 28, 2025

Call Center Workers’ Comp Fraud Scheme Targeting Spanish-Speakers Leads to Charges

Four individuals, including attorneys, were charged after an investigation reportedly revealed a large-scale workers’ compensation fraud scheme allegedly targeted Spanish-speaking workers and involved the illegal sale of more than 1,100 clients...

Posted: Apr 28, 2025

People Moves: Health and Wellness Specialist Hood Joins Alliant Insurance Services

Megan Hood joined Alliant Insurance Services as vice president within its employee benefits group. Based in San Francisco, Hood will predominantly serve mid-sized and large tech employers in Northern California and nationwide. Before joining Alliant,...

Posted: Apr 28, 2025

Navigating Change in the Excess & Surplus Contract Binding Market

This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Ben McDonald, Vice President of Underwriting for IAT’s Excess & Surplus Contract Binding Division, and Claire Rinker, Senior Unde...

Posted: Apr 27, 2025

DoorDash Asks Judge to Dismiss Uber Suit Over Web Ordering Services

DoorDash Inc. asked a California judge to dismiss Uber Technologies Inc.’s anticompetition lawsuit against it, arguing that Uber is using an “ill-fitting” state law to justify its claims. DoorDash, which has two-thirds of the U.S. f...

Posted: Apr 25, 2025

People Moves: Dutcher Joins RMIC as Marketing Representative for Indiana and Michigan

Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, appointed Levi Dutcher as marketing representative for the states of Indiana and Michigan. Dutcher, based in Grand Rapids, Michigan, most recently served as senior field t...

Posted: Apr 25, 2025

Alabama House Advances Bill to Let Police Enforce Immigration Laws

MONTGOMERY, Ala. (AP) — Alabama lawmakers advanced legislation last week that would allow local law enforcement to enforce immigration law, as conservative legislators push for increased alignment with the federal government’s crackdown on immi...

Posted: Apr 25, 2025

Dallas Area Reports First Measles Case, in Middle School Child

A middle schooler in the Dallas-Fort Worth area has tested positive for measles, the first known case in the urban area, a health official from Collin County confirmed. The young person is located in Lucas, about 30 miles north of …

Posted: Apr 25, 2025

Louisiana Dept. of Insurance Earns NAIC Accreditation; Names Leadership Roles

The Louisiana Department of Insurance (LDI) said it has successfully completed the requirements and earned full national accreditation from the National Association of Insurance Commissioners (NAIC) for its work to promote effective financial solvenc...

Posted: Apr 25, 2025

Georgia Commissioner Says Rates to Drop This Year After Tort Reform Passage

Georgia Insurance Commissioner John King predicted property-casualty insurance rates will drop 3% to 5% in the next year after lawmakers approved significant tort reform measures. He also seemed to warn insurance companies about filing for major incr...

Posted: Apr 25, 2025

Ohio Jury Rules Norfolk Southern Liable for $600M Settlement in Train Derailment Case

The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won’t have to help pay for the $600 million settlement Norfolk Southern agreed to with residents. An Ohio jury decided Wednesday that GATX is...

Posted: Apr 25, 2025

Judge Awards North Dakota Nearly $28M Over Dakota Access Pipeline Protests

A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota Access oil pipeline in 2016 and 2017 — a win for the state in its multiyear effort …

Posted: Apr 25, 2025

Business Moves: Ardonagh Acquires Zurich’s SRB Assekuranz Broker; Optio Completes Purchase of Norweg...

Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG (SRB). Founded in 1980, SRB focuses on c...

Posted: Apr 25, 2025

World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market

The world’s first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching on the eve of the Trump administration’s tariff war. “Some of our seed capital investors are sitti...

Posted: Apr 25, 2025

Britain’s M&S Stops Taking Online Orders After Cyber Attack

Marks & Spencer stopped taking online orders in the UK and Ireland on Friday following a cyber attack which it reported earlier in the week, an announcement which sent its shares down by 5%. The British company, which sells its …

Posted: Apr 25, 2025

California Wildfire Losses Cause 16% Fall in The Hartford’s Q1 Net Income

Net income at The Hartford decreased 16% to $630 million in the first quarter 2025, driven by losses from the California wildfires. Property/casualty catastrophe losses for Q1 2025 were $467 million pretax—$325 million, net of reinsurance, from the C...

Posted: Apr 25, 2025

Lawmakers Agree to Pay $807M Into Lahaina Wildfires Settlement Fund

It’s not often that applause breaks out in the audience after a vote at the Hawaiʻi Legislature, but that one afternoon this week. The measure was House Bill 1001, and the subject was settling claims related to the August 2023 …

Posted: Apr 25, 2025

Father of Tesla Cybertruck Crash Victim Files Lawsuit Over Death

The family of one of three college students who died in a Cybertruck crash in California filed a lawsuit in a bid to gain access to the Tesla Inc. pickup and better understand how their daughter died. The driver and …

Posted: Apr 25, 2025

UK Water Bosses Face Up to Two Years in Prison for Polluting

Britain’s water company bosses will face up to two years in prison and be banned from taking bonuses for covering up sewage spills under new legislation in force from Friday. The new measure delivers on the government’s promise to bring &...

Posted: Apr 25, 2025

Heavily-Forested New Hampshire Enters Wildfire Season

Despite rain statewide this month, the New Hampshire Forest Protection Bureau reports that 72% of the Granite State is currently experiencing abnormally dry conditions. The bureau is reminding the public that spring is the beginning of the state&#821...

Posted: Apr 25, 2025