Insurance Journal
A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Juror...
Posted: Dec 23, 2025
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed l...
Posted: Dec 23, 2025
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors inclu...
Posted: Dec 23, 2025
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident...
Posted: Dec 23, 2025
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company t...
Posted: Dec 23, 2025
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedul...
Posted: Dec 23, 2025
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program of...
Posted: Dec 23, 2025
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court re...
Posted: Dec 23, 2025
CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market cl...
Posted: Dec 23, 2025
It’s going to be a wet Christmas in California, where a series of storms is about to dump as much as 10 inches (25 centimeters) of rain this week. An atmospheric river is already drenching San Francisco and the Bay …
Posted: Dec 23, 2025
XPT Specialty Hires Corrado as Personal Lines Insurance Broker XPT Specialty, headquartered in New Haven, Connecticut, hired Joseph Corrado as a personal lines insurance broker. Corrado has experience in portfolio oversight, agency partnerships and t...
Posted: Dec 23, 2025
California is being inundated with multiple winter storms that will drench the state with rain and deliver dangerous winds, threatening travelers during the Christmas holiday. As much as six inches (15 centimeters) of rain will dump on Southern Calif...
Posted: Dec 23, 2025
A Delaware firefighter who twice suffered a workplace injury has been denied workers’ compensation benefits for his second claim because of the way he settled his first claim. He was denied compensation for the second injury because it was judg...
Posted: Dec 23, 2025
Alliant Insurance Services reported that it was chosen by New York’s Metropolitan Transportation Authority (MTA) as the insurance broker for Phase 2 of the Second Avenue Subway project, a $2 billion project that was begun in 2025 and is expecte...
Posted: Dec 23, 2025
The Los Angeles Angels reached a confidential settlement Friday with the family of late pitcher Tyler Skaggs after a lengthy trial that detailed drug use by players. The two-month trial centered on whether the Angels bore responsibility for Skaggs...
Posted: Dec 23, 2025
A Louisiana man was sentenced this month to 115 months in federal prison for his involvement in an alleged multi-state vehicle theft. U.S. District Judge Brian A. Jackson sentenced Christopher Don Byerley, age 45, of Broussard, Louisiana following hi...
Posted: Dec 22, 2025
An executive order by President Donald Trump may bring Texas into conflict with the federal government over a new state law regulating the use of artificial intelligence. Trump signed an executive order last week that threatens to cut off federal ...
Posted: Dec 22, 2025
Stonetrust Commercial Insurance, a workers’ compensation carrier based in Louisiana, has expanded into North Carolina, bringing to 13 the number of states in the Southeast and Midwest the company writes in. Stonetrust said in a statement that i...
Posted: Dec 22, 2025
The 79-year-old former CEO of a health care software firm was sentenced to 15 years in prison after he was convicted of more than $1 billion in fraud tied to falsely billing Medicare for durable medical equipment and other items. …
Posted: Dec 22, 2025
This edition of International People Moves details appointments at Chubb Overseas General Insurance and BMS Group. A summary of these new hires follows here. Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty Chubb annou...
Posted: Dec 22, 2025
The Uber Technologies Inc. veteran overseeing its safety operations is set to depart, setting off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes …
Posted: Dec 22, 2025
Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on the insurance market in 2026, according to an annual prediction from GlobalData, the London-based data an...
Posted: Dec 22, 2025
Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on the insurance market in 2026, according to an annual prediction from GlobalData, the London-based data an...
Posted: Dec 22, 2025
Federal investigators are trying to figure out why a business jet carrying retired NASCAR driver Greg Biffle and six others tried to return to a North Carolina airport just after takeoff but plowed into light poles and a tree line …
Posted: Dec 22, 2025
A federal appeals court ruling last week could potentially help insurers find out who is truly behind litigation financing and medical clinics that are said to participate in auto accidents and insurance fraud. But more legislation is needed in many...
Posted: Dec 22, 2025