Insurance Journal

People Moves: Zurich Hires Sullivan From CNA for US Middle Market Head of Tech; IMA Hires Crochet as...

Zurich North America, headquartered in Schaumberg, Illinois, hired Jeannie Sullivan as head of technology for its U.S. middle market team. She will report to Stan Bernard, head of industry practices for U.S. middle market at Zurich, a leading provide...

Posted: Apr 16, 2025

Near Misses, Fatal Crashes Force Airlines to Confront Worried Fliers

A series of aviation accidents has rattled flyers enough to drag down ticket sales at the start of the year, contributing to lower financial expectations at major US airlines. And who can blame them? January’s fiery mid-air collision of an &#82...

Posted: Apr 16, 2025

Law Students Sue Civil Rights Agency Over Crackdown on Law-Firm DEI Policies

Three law students on Tuesday sued a U.S. civil rights agency, claiming that its probe into diversity policies at 20 large law firms is illegal and could expose the personal information of lawyers and job applicants. The lawsuit filed in …

Posted: Apr 16, 2025

APCIA Says Floridians Agree: Insurance Litigation Changes Are Working. Don’t Undo

Florida’s property insurance market is an example of the powerful impact that strong legislative reforms can have in addressing a crisis. Other states, like Georgia, have seen the benefits of Florida’s legal system abuse reforms and are f...

Posted: Apr 16, 2025

Massachusetts High Court Upholds COVID Workers’ Comp for Essential Worker

An insurer erred in denying workers’ compensation benefits to a utility worker who contracted COVID-19 while on the job, a job the state had deemed as “essential” during the pandemic. The insurer had denied the claim on the basis th...

Posted: Apr 16, 2025

Massachusetts High Court Upholds Workers’ Comp for Utility Worker’s COVID

An insurer erred in denying workers’ compensation benefits to a utility worker who contracted COVID-19 while on the job, a job the state had deemed as “essential” during the pandemic. The insurer had denied the claim on the basis th...

Posted: Apr 16, 2025

Blaze Triggers Alarm Over Rapid Growth of Big Batteries

A fire on a bucolic stretch of California coast has threatened the rapid growth of an industry considered key to greening the power grid — and keeping the lights on. Midway through the afternoon of Jan. 16, flames erupted from …

Posted: Apr 16, 2025

OneDigital Acquires Tacoma-Based Fortune Insurance

OneDigital, an insurance brokerage, financial services, and HR consulting firm, has acquired Fortune Insurance, a property and casualty firm headquartered in Tacoma, Washington. A press release announcing the news said that with an established presen...

Posted: Apr 16, 2025

Connecticut Supreme Court Won’t Hear Alex Jones’ Appeal of $1B Sandy Hook Verdict

The Connecticut Supreme Court has declined to hear conspiracy theorist Alex Jones’ appeal in a defamation case that resulted in a $1.4 billion verdict against him for calling the Sandy Hook Elementary School shooting a hoax. Jones asked the jus...

Posted: Apr 16, 2025

Washington Storage Tank Company Fined After Explosions Burn Two Workers

Two explosions occurring two hours apart sent two workers of a storage tank sales and servicing company to the hospital, one with serious burns, prompting the Washington State Department of Labor & Industries to fining the Des Moines, Wash. busin...

Posted: Apr 16, 2025

People Moves: Venbrook Names Myers President of New Practice; Yuen Appointed Vice President, West Re...

Venbrook Group launched a new corporate benefits and specialty health division and named Alison Myers its president. The division is an expansion of the firm’s employee benefits practice. Myers was most recently executive vice president of the...

Posted: Apr 16, 2025

Hertz Says Hackers Stole License Numbers, Credit Card Data

Hertz is alerting customers to a data breach involving drivers’ license numbers and other personal information following a hack in its supply chain. The car-rental company said in a posting on its website that it completed an analysis of the &#...

Posted: Apr 15, 2025

United Risk Launches Multi-Line Reinsurance MGA, Names Cahill as CEO

United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously United Risk’s chief financial officer, has been named chief executive officer of the new MGA. He...

Posted: Apr 15, 2025

Judge Orders Bank of America to Pay $540 Million in FDIC Lawsuit

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance. In a decision made public on Monday...

Posted: Apr 15, 2025

Texas Lawsuit Accuses Copart of Gender Discrimination and Sexual Harassment

A lawsuit filed in Texas this month accuses online vehicle auction provider Copart of gender discrimination, retaliation and sexual harassment. Christine Arnold, a former global vice president of human resources for Copart, says she was fired in reta...

Posted: Apr 15, 2025

Texas Measles Cases Increase 4% as Spread Appears to Be Slowing

Texas reported 20 new confirmed measles cases on Tuesday, a 4% increase from Friday’s data as the virus’ spread appears to be slowing in the hardest-hit US state. The state now has 561 total cases, with 58 people hospitalized since &#8230...

Posted: Apr 15, 2025

MarshBerry’s FirstChoice Expands to Minnesota and Arizona

MarshBerry announced that FirstChoice, a MarshBerry Company (FirstChoice), has expanded into Minnesota and Arizona. This strategic move provides independent insurance agency owners in these states with the opportunity to join FirstChoice’s thri...

Posted: Apr 15, 2025

Hadron Acquires Michigan’s The Guarantee Company of North America

Hadron, an Arkansas-based carrier, announced its intent to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation (TSX...

Posted: Apr 15, 2025

2024 Saw Second Most Tornadoes on Record in the US

New analysis indicates there were 1796 confirmed tornadoes in 2024, the second highest on record, according to NOAA’s Storm Prediction Center. The busy tornado season was driven by an active April and May in the Plains (notably quiet for much &...

Posted: Apr 15, 2025

Central European Foot-and-Mouth Disease Leads to Animal Culls and Border Closures

Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that has caused widespread border closures and required the killing of thousands of animals. The outbreak was fir...

Posted: Apr 15, 2025

Growing Fast, Going Public: Florida’s American Integrity Insurance Files for IPO

American Integrity Insurance, one of the largest property insurance carriers in Florida with more than 350,000 policies in force, is going to Wall Street with an initial public offering. The Tampa-based parent company, American Integrity Insurance Gr...

Posted: Apr 15, 2025

Advocacy Group Files Suit Over Tariffs in US Court of International Trade

A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump’s sweeping tariffs on foreign trading partners, arguing the president overstepped his authority. The lawsuit was filed by the nonpartis...

Posted: Apr 15, 2025

More Resilient Organizations Successfully Battled Ransomware in 2024: BakerHostetler

An annual report from law firm BakerHostetler said companies “are starting to win the battle against ransomware.” In its 11th year, the report from the firm’s Digital Assets and Data Management (DADM) Practice Group, who handled ove...

Posted: Apr 15, 2025

Europe’s Hottest Year Turbocharged Extreme Weather Across Region

Europe experienced the hottest year on record in 2024, as climate change combined with a strong El Niño to generate a series of extreme weather events and force glaciers into retreat. Half the continent reported new heat records in 2024 …

Posted: Apr 15, 2025

Delaware Fines Liberty Mutual $300K for Advertising Discounts Not Offered in State

After what it says was an investigation that took months, the Delaware Department of Insurance has levied a $300,000 penalty on three Liberty Mutual companies for advertising discounts that they do not offer in the state. The department said the &#82...

Posted: Apr 15, 2025