Insurance Journal

EU ‘Fully Prepared’ to Hit Back Over Trump’s Greenland Tariffs

The European Union is ready to strike back at Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president. “We are at a …

Posted: Jan 21, 2026

CEO Revenue Confidence Hits 5-Year Low: PwC Survey

Only three in 10 chief executives are confident in their companies’ revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC released on Monday. The annual surv...

Posted: Jan 21, 2026

PE Firm TowerBrook Takes Stake in Insurance Claims Company MSA Mizar

Investment firm TowerBrook is acquiring a majority stake in MSA Mizar, an insurance claims management services provider, marking its first deal in Italy since it opened an office in Milan last year. MSA Mizar’s existing investor Columna Capital...

Posted: Jan 21, 2026

Viewpoint: Inside the Machinery of Medical Abuse in Liability Claims

Within the realms of general liability (GL) and workers’ compensation (WC) insurance lines, medical abuse is often considered in narrow terms — excessive treatment, unnecessary surgeries, inflated bills. While such behaviors are indeed problema...

Posted: Jan 21, 2026

Battle Between Applied Systems and Comulate Escalates With New Antitrust Lawsuit

The battle between Applied Systems and Comulate has taken a new turn with a new federal antitrust lawsuit from Comulate. Late last year the competitors in the insurance technology market traded litigation. Applied Systems sued Comulate on allegations...

Posted: Jan 21, 2026

Allianz Executive Pushes EU to Pressure US With Market Volatility

European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors. “If I were an adviser to some European governments, I...

Posted: Jan 21, 2026

Bermuda Re/Insurers to See U/W Profit Drop; M&A Returns as Organic Growth Wanes

Bermuda-based re/insurers monitored by Fitch are expected to see a drop in underwriting profit in 2025, reporting an average combined ratio of 92% in 2025, up from 90.7% in 2024, the ratings agency said. For the first nine months of …

Posted: Jan 21, 2026

Alabama DOI Report Shows Litigation is Up, Raising Liability Costs and Rates

A new report from the Alabama Department of Insurance suggests that claims litigation and big verdicts are on the rise in the state, inflating loss costs for insurers and putting upward pressure on auto and commercial liability premiums. “…The...

Posted: Jan 21, 2026

Alabama DOI Report Shows Litigation Is Up, Raising Liability Costs and Rates

A new report from the Alabama Department of Insurance shows claims litigation and big verdicts are on the rise in the state, inflating loss costs for insurers and putting upward pressure on auto and commercial liability premiums. “…The average...

Posted: Jan 21, 2026

World Insurance Acquires Jersey Coast Insurance

World Insurance Associates reported it has acquired the business of Jersey Coast Insurance of Margate City, New Jersey. Terms of the October 1.2025 transaction were not disclosed. Jersey Coast Insurance offers both personal and commercial lines of in...

Posted: Jan 21, 2026

Kaiser Permanente Affiliates in California Paying $556M to Resolve False Claims Act Allegations

An integrated healthcare consortium headquartered in Oakland, California, that are affiliates of Kaiser Permanente agreed to pay $556 million to resolve allegations that they violated the False Claims Act by submitting invalid diagnosis codes for the...

Posted: Jan 21, 2026

Kaiser Permanente Affiliates Paying $556M to Resolve False Claims Act Allegations

An integrated healthcare consortium headquartered in Oakland, California, that are affiliates of Kaiser Permanente agreed to pay $556 million to resolve allegations that they violated the False Claims Act by submitting invalid diagnosis codes for the...

Posted: Jan 21, 2026

Judge Allows Virginia Offshore Wind Project to Restart in Another Setback for Trump

A federal judge on Friday cleared U.S. power company Dominion Energy to resume work on its Virginia offshore wind project, the third legal blow this week to President Donald Trump’s anti-offshore wind agenda. Judge Jamar Walker of the U.S. Dist...

Posted: Jan 21, 2026

Appeals Court Asks Arizona Justices to Define ‘Fortuitous Loss’

What constitutes a fortuitous loss in Arizona? That’s the question the 9th U.S. Circuit Court of Appeals has asked the Arizona Supreme Court to answer to resolve a commercial property damage dispute. The circuit court is seeking clarity from th...

Posted: Jan 21, 2026

Oregon Baby Still Battling Botulism After ByHeart Formula Exposure

A Portland, Oregon, boy is struggling to recover from infant botulism after drinking contaminated ByHeart baby formula donated through a program that aims to help poor and homeless families. Ashaan Carter, now 10 months old, was hospitalized twice an...

Posted: Jan 20, 2026

NHTSA Opens Probe Into About 600,000 GM Vehicles Over Engine Failure Issue

The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query into about 597,571 vehicles from General Motors over engine failure. The recall affects GM vehicles equipped with a L87 6.2L V8 gas engine that experience...

Posted: Jan 20, 2026

Oklahoma Reaches Settlement With Poultry Company Over Litter Pollution

Oklahoma Attorney General Gentner Drummond announced the State of Oklahoma has reached a settlement agreement with George’s, Inc., resolving claims related to poultry litter pollution in the Illinois River Watershed. “This settlement demo...

Posted: Jan 20, 2026

Ohio Engineering Firm Penalized for 401(k) Plan Breach

A federal court has ordered a Cincinnati, Ohio civil engineering firm and its owner to pay $45,699.63 to employee accounts in the company’s 401(k) plan after the U.S. Department of Labor found the company violated federal employee benefits law....

Posted: Jan 20, 2026

Michigan Bulletin Provides Guidance for AI Use in Financial Services

The Michigan Department of Insurance and Financial Services issued a bulletin to provide guidance to financial service providers on the use of artificial intelligence. The bulletin says that financial service providers including insurers are expected...

Posted: Jan 20, 2026

Texas Forecast to be Top Market for Data Centers

Texas is poised to become the largest home for data centers in the country within the next three years as artificial intelligence continues to boom, according to a report published Tuesday. Bloom Energy, a California-based company that provides onsit...

Posted: Jan 20, 2026

Texas Forecast to Be Top Market for Data Centers

Texas is poised to become the largest home for data centers in the country within the next three years as artificial intelligence continues to boom, according to a report published Tuesday. Bloom Energy, a California-based company that provides onsit...

Posted: Jan 20, 2026

Edison Sues LA County Over Fire Deaths for Delayed Alerts

Edison International sued Los Angeles County and other public agencies for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire last year. If the …

Posted: Jan 20, 2026

10,000 Travelers Employees Get AI Assistants Via Anthropic Partnership

Nearly 10,000 engineers, data scientists, analysts and product owners at Travelers are being empowered with personalized AI assistants, Travelers announced in mid-January. In a joint announcement with Anthropic, the two firms announced a partnership...

Posted: Jan 20, 2026

Former County Employee Pleads Guilty to Embezzling From Labor Union

A former Massachusetts county employee pleaded guilty yesterday in federal court in Boston to embezzling from a Barnstable County employee labor union. Kenneth Mattoon, of West Yarmouth, pleaded guilty to embezzlement of labor union assets. According...

Posted: Jan 20, 2026

Insurance Regulators, Trades Get Behind Latest Effort to Abolish FIO

The nation’s insurance commissioners and industry trade associations are looking to support efforts to put the Federal Insurance Office (FIO) back on the chopping block. Late last week, Rep. Troy Downing, R-Mont., introduced the McCarran-Fergus...

Posted: Jan 20, 2026