Insurance Journal
A sightseeing helicopter crashed into the Hudson River on Thursday, killing all six people on board, the latest in a string of incidents in recent months that has rattled confidence in US aviation safety. “At this time, all six victims …
Posted: Apr 10, 2025
Markel Promotes Brooke to Senior Underwriter of War and Terrorism Markel, the insurance operations within Markel Group Inc., announced that Matthew Brooke has been promoted to senior underwriter, War and Terrorism, effective immediately. Reporting to...
Posted: Apr 10, 2025
The Department of Justice recently recovered approximately $5.3 million for a union hit by a business email compromise (BEC) scheme. The judgment was the result of a civil forfeiture complaint filed by the United States in June 2024 seeking the ̷...
Posted: Apr 10, 2025
The U.S. Department of Labor has cited Wisconsin roofing contractor Bacilio Rios Almanza for failing to protect employees atop a residential roof from fatal fall hazards in Appleton in September 2024. After its investigation, the department’s O...
Posted: Apr 10, 2025
The Hanover Insurance Group announced a collaboration with Hagerty to provide specialized insurance for classic cars. Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known for with Hagerty’s exper...
Posted: Apr 10, 2025
Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as their insurers, according to report published by Allianz Commercial. The impact of civil unrest or strikes, riots and civil commotion ̷...
Posted: Apr 10, 2025
A new bill introduced in California aims to increase transparency and accountability in California’s insurance market by bolstering consumer privacy protections and establishing a privacy rights framework for insurance licensees and their third...
Posted: Apr 10, 2025
The acting chief of the top federal agency for protecting worker rights has signaled a pivot toward prioritizing President Donald Trump’s campaign to stamp out diversity, equity and inclusion programs in the private and public sectors. The init...
Posted: Apr 10, 2025
When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him. Trump’s latest round of tariffs set off unease among industry groups representing Texas...
Posted: Apr 10, 2025
“Drill, baby, drill” may be Texas’s unofficial motto, but “store, baby, store” is becoming more accurate. The Lone Star State may be the heart of America’s oil and gas map, but it’s quickly becoming the bigge...
Posted: Apr 10, 2025
Early estimates from the National Highway Traffic Safety Administration for traffic fatalities in 2024 indicate that the number of people who died in traffic crashes will reach the lowest point in five years. The NHTSA estimates project that 39,345 p...
Posted: Apr 10, 2025
Totalis Program Underwriters, an underwriting platform providing specialty expertise and solutions for challenging and underserved areas of the market. announced the acquisition of Brownyard MacLean Security Insurance Services, LLC. Brownyard MacLean...
Posted: Apr 10, 2025
A powerful storm system that stalled over states from Texas to Ohio for several days in early April 2025 wreaked havoc across the region, with deadly tornadoes, mudslides and flooding as rivers rose. More than a foot of rain fell …
Posted: Apr 10, 2025
FRANKFORT, Ky. (AP) — After days of deluges overfilled rivers to near-record levels across Kentucky, residents were anxious Tuesday to return to their flooded homes and assess what’s salvageable, even as stubbornly high waters kept some of them...
Posted: Apr 10, 2025
Former Northwestern University football players are finalizing an agreement with the school to settle lawsuits alleging hazing and abuse that led to longtime coach Pat Fitzgerald’s firing, a school spokesman and attorneys said Tuesday. The pres...
Posted: Apr 10, 2025
MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday voted to put new regulations on pharmacy benefit managers in an effort to curb the closure of small pharmacies across the state. The Alabama House of Representatives voted 102-0 for the proposal &#...
Posted: Apr 10, 2025
The Army has made changes to how its helicopters use a safety system that broadcasts aircraft location and has reduced the number of flights over Washington following a collision with a passenger jet that killed 67 people, the head of …
Posted: Apr 10, 2025
Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that roof-related line items made up more ...
Posted: Apr 10, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined client experience. CyberShore...
Posted: Apr 10, 2025
The tariff shock and recession fears that have sent world stocks into a tailspin over the last week are rolling into corporate funding markets, raising the cost of borrowing and disrupting financing plans even for lower-risk companies. With U.S. Trea...
Posted: Apr 10, 2025
An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging st...
Posted: Apr 10, 2025
U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of …
Posted: Apr 10, 2025
Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an unusual strategy: Rebates …
Posted: Apr 10, 2025
A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liability insurance policy, a federal appeals court found this week in a decision that will cost Travelers several milli...
Posted: Apr 10, 2025
Starting in the 1980s, New York law enforcement and health officials fielded sexual abuse complaints from the young patients of a respected pediatrician who ran his practice out of a basement office in his home on Long Island. But Stuart …
Posted: Apr 10, 2025