Insurance Journal

Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics

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

Climate Insurance Gap Is Widening – Leaving Marginalized Canadians Behind

Every year, extreme weather events wreak havoc across Canada, disrupting the lives of tens of thousands. Financial losses from these events have surged, surpassing $7 billion in 2024, due in part to climate change, asset accumulation and more people...

Posted: Dec 22, 2025

Happy Holidays: 18,000 Delawareans Have Their Medical Debt Eliminated

Delaware Governor Matt Meyer reported results of Delaware’s medical debt elimination initiative, with nearly $19 million in medical debt abolished for more than 18,000 citizens thus far. The effort is supported by a $500,000 item in the 2026 fi...

Posted: Dec 22, 2025

Private Credit Ratings Face Fresh Scrutiny From Global Watchdogs

The private credit industry is facing fresh scrutiny from top global regulators over some of the ratings being assigned to debt in the $1.7 trillion market, people familiar with the matter told Bloomberg News. The Financial Stability Board, which mon...

Posted: Dec 22, 2025

Swiss Court Admits Indonesian Islanders’ Climate Case Against Cement-Maker Holcim

A court in Switzerland said on Monday it would admit a legal complaint against Swiss cement maker Holcim, which alleges the company is doing too little to cut carbon emissions and hence contributing to global warming. Four residents of the …

Posted: Dec 22, 2025

UK Suspects Chinese Involvement in Foreign Office Cyberattack

The UK Foreign Office was hacked in October in an attack that British officials suspect was carried out by Chinese state-backed actors. The breach was first reported by the Sun newspaper, which said that a Beijing-linked group had accessed thousands...

Posted: Dec 22, 2025

Denmark Blames Russia for Cyberattacks on Utility That Left Houses Without Water

Russia carried out cyberattacks against infrastructure and websites in Denmark in 2024 and 2025, Danish authorities say in a new assessment published this week describing new cases not previously reported. Moscow was responsible for “destructiv...

Posted: Dec 22, 2025

Hong Kong Plans New Crypto, Infrastructure Rules for Insurers

The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors. The insura...

Posted: Dec 22, 2025

Minnesota Jury Awards $65M Cancer Case Against Johnson & Johnson

A Minnesota jury awarded $65.5 million last week to a mother of three who claimed talcum products made by Johnson & Johnson exposed her to asbestos and contributed to her developing cancer in the lining of her lungs. Jurors determined …

Posted: Dec 22, 2025

South Dakota Hotel Owner Found Liable for Discriminating Against Native Americans

The owner of a South Dakota hotel who said Native Americans were banned from the establishment was found liable for discrimination against Native Americans last week. A federal jury decided the owner of the Grand Gateway Hotel in Rapid City …

Posted: Dec 22, 2025

Wells Fargo Sued by Ex-Manager Who Said Bank Faked Diversity

Wells Fargo & Co. was sued by a former manager who says he was fired for pushing the bank to create a more diverse workforce and objecting to its practice of interviewing minority applicants for jobs that were already filled. …

Posted: Dec 22, 2025

Viewpoint: Artificial Intelligence Is Rewriting the Rules for Commercial Lines

Commercial lines insurance is changing—not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done. Much of this progress is driven by teams applying AI tools to everyday tasks. Underwriters are spendi...

Posted: Dec 22, 2025

Three Top P/C Insurers Account for Most of Insurance AI Patents

Three property/casualty insurers have dominated the industry’s artificial intelligence patent activity since 2014. State Farm, USAA and Allstate account for 77% of all AI patents by insurers in that time, according to tracking data from Evident...

Posted: Dec 22, 2025

Injured Pedestrian Strikes Out on PIP Benefit Because Car She Dodged Never Struck Her

Is a pedestrian entitled to personal injury protection (PIP) benefits in Massachusetts after being injured while trying to get out of the way of an oncoming motor vehicle even though she was not hit by the vehicle? The answer is …

Posted: Dec 22, 2025

Waymos Froze, Blocked Traffic During San Francisco Power Outage

Waymo’s driverless ride services were a high-profile victim of a power outage that affected large swaths of San Francisco, with cars freezing mid-ride across the city and disrupting traffic. After traffic lights went dark at major intersections...

Posted: Dec 22, 2025

US Admits Liability in Chopper-Jet Crash Over Potomac River

The US government acknowledged in a federal court filing that it was liable for damages resulting from a deadly collision between an Army helicopter and a regional American Airlines Group Inc. jetliner earlier this year near Washington, one of the &#...

Posted: Dec 22, 2025

Rare Weather Warning Issued as Strong Gusts Fuel Colorado Wildfire Threats

The National Weather Service on Friday issued a rare warning for part of Colorado’s Front Range as hurricane-force winds and tinder dry conditions boosted the threat of wildfire across several counties, while flood warnings were issued in Orego...

Posted: Dec 22, 2025

Oregon OSHA Fines Manufacturer for Workplace Safety Violations

A Tualatin, Oregon company intentionally kept a faulty system in place for storing raw materials, exposing employees to struck-by and crushing hazards, an inspection by the Oregon Occupational Safety and Health Division showed. According to Oregon OS...

Posted: Dec 22, 2025

Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina

Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from r...

Posted: Dec 19, 2025

Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent

The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who &#823...

Posted: Dec 19, 2025

People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA...

Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with compan...

Posted: Dec 19, 2025

High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million

High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flood...

Posted: Dec 19, 2025

11 Firefighters and 2 Others Injured After NC House Explosion and Fire

Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treat...

Posted: Dec 19, 2025

A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP

Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last mo...

Posted: Dec 19, 2025

More US Beef Plants May Close as Cattle Herds Keep Tightening

American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …

Posted: Dec 19, 2025