Insurance Journal

NY Times Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit

The New York Times asked a judge to once again dismiss President Donald Trump’s $15 billion defamation lawsuit, arguing the complaint is based on “implausible allegations” that cannot overcome First Amendment protections. The suit f...

Posted: Dec 18, 2025

NFP Acquires Hamilton Insurance in Virginia

Insurance broker NFP, an Aon company, announced the acquisition of Hamilton Insurance Agency, a property/casualty broker and benefits administration provider in Fairfax, Virginia. Hamilton has been a leader in the insurance market for the senior hous...

Posted: Dec 18, 2025

Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance

The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not &#823...

Posted: Dec 17, 2025

Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers

Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we...

Posted: Dec 17, 2025

People Moves: Jencap Names Edge Binding Team Manager; Alliant Hires Givens

Jencap, one of the largest wholesale brokerages in the U.S., announced that John Michael “JM” Edge, formerly of Amwins, is the new property and casualty binding team manager for Atlanta, Charlotte and Denver teams. Edge spent more than 10...

Posted: Dec 17, 2025

Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC

“Megadeals” are ruling insurance industry mergers and acquisitions as action remained consistent throughout 2025, with the prospect that the need for growth with drive more deals in 2026. According to a new report from PwC, 93% of deal va...

Posted: Dec 17, 2025

People Moves: Hamilton Re Promotes Hunt to SVP, Head of Property Insurance; MGA Arrow Launches Profe...

This edition of International People Moves details appointments at Hamilton Insurance Group and MGA Arrow Risk Management. A summary of these new hires follows here. Hamilton Re Promotes Hunt to SVP, Head of Property Insurance Hamilton Insurance Grou...

Posted: Dec 17, 2025

Insurance Tech: Zywave Releases Suite of Specialized AI Agents

Insurance technology provider Zywave unveiled an agentic AI strategy, and what it calls the industry’s first suite of insurance-specialized AI agents. The agents will help insurance companies transform how they work and achieve unprecedented le...

Posted: Dec 17, 2025

India’s Parliament Approves Bill to Raise Foreign Direct Investment in Insurance to 100%

India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%, a move that will help insure more people in the world’s most populous country. The increase in the FDI limit &#82...

Posted: Dec 17, 2025

Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System

Kentucky’s Transportation Cabinet and Department of Insurance have launched a new vehicle insurance verification system, and auto insurers have until Jan. 15 to start getting on board. The new Kentucky Insurance Verification System, authorized...

Posted: Dec 17, 2025

Court Awards $32 Million Over Premature Baby’s Death at Yale Hospital

A Connecticut court has awarded $32 million to the estate of a child born prematurely who died three months later after being given a cow-based nutrition fortifier by Yale New Haven Hospital without the parents’ or any consent. The decision &#8...

Posted: Dec 17, 2025

Pacific Northwest Gets Brief Break Before Storms Return Thursday

Rain will ease Wednesday across the Pacific Northwest after floods and winds left at least 600,000 without power, forced hundreds of people in Washington to flee their homes and killed at least one person. The respite is expected to be …

Posted: Dec 17, 2025

Poorer Americans Dropped Federal Flood Insurance When Rates Rose

When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to align premiums with real flood risk, driven higher...

Posted: Dec 17, 2025

Hub International Adds Former CNA, USAA Chief Executives to its Board

Brokerage Hub International said it has added former CNA chief executive officer and executive chairman Dino Robusto as chairman of the board, and former USAA president and CEO Wayne Peacock as director of the board. “The addition of both of &#...

Posted: Dec 17, 2025

California Regulator Puts Tesla Sales Suspension Order on Hold

A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more time to address its accusation of misleading marketing and overstating self-driving capabilities. The Departmen...

Posted: Dec 17, 2025

CFC Hires Aspen’s Camara as CEO of CFC USA

Specialist insurer CFC said it has named Justin Camara as chief executive officer of CFC USA Camara, a 30-year industry veteran, will arrive to lead CFC USA’s growth strategy in the U.S. from his latest role as executive vice president …

Posted: Dec 17, 2025

Viewpoint: The 2026 Forecast for European Insurers Is Partly Cloudy

The European insurers that S&P rates displayed good operating performance in the life and non-life segments in 2025, and we expect they will largely continue to do so in 2026. The European insurance sector is exposed to many external risks, &#823...

Posted: Dec 17, 2025

Passenger Ferry Held for Hours After Suspected Russian Hack

European investigators are probing whether Russian military hackers breached computer systems on a vessel owned by MSC-Mediterranean Shipping Company SA, the world’s largest container shipping group, according to people familiar with the matter...

Posted: Dec 17, 2025

Risksmith Launches New Earthquake Program for Hard-to-Place Property Risks

ATLANTA, G.A. (Dec. 17, 2025) – Risksmith Insurance Services, a specialty Managing General Underwriter (MGU) known for its expertise across the E&S property landscape, today announced the launch of its new Difference in Conditions (DIC) Earthquak...

Posted: Dec 17, 2025

Ohio Man Sentenced in Multi-State Car Theft Ring

The lead defendant in a $1.5 million chop shop conspiracy was sentenced in U.S. District Court last week to 84 months in prison, the U.S. Attorney’s Office, Southern District of Ohio announced. Kahrese Tracey Scott Lee, 28, of Cincinnati, plead...

Posted: Dec 17, 2025

Trump Orders ‘Blockade’ of Sanctioned Oil Tankers Leaving, Entering Venezuela

U.S. President Donald Trump ordered on Tuesday a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase pressure on Nicolas Maduro’s government, targeting its main sour...

Posted: Dec 17, 2025

Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions

The U.S. Department of Labor has cited an Ohio commercial bakery after a federal investigation determined the employer had allegedly exposed workers to unsafe working conditions including chemical, caught-between and caught-in, pinch-point, and struc...

Posted: Dec 17, 2025

Water Shortages in South Texas Drive Downgrade of Corpus Christi

A drought in South Texas caused Moody’s Ratings to downgrade the city of Corpus Christi, which projects demand for water will outpace supply by the spring of 2027. The ratings company lowered the city of roughly 320,000 people to A1 …

Posted: Dec 17, 2025

EU to Abandon Combustion Engine Ban in Win for Carmakers

The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry. The proposal will allow carmakers to slow the rollout of electric...

Posted: Dec 17, 2025

Update: EU Eases Combustion Engine Ban to Help Ailing Industry

The European Union pulled back from an effective ban on combustion engines and offered more flexibility for carmakers in the transition to cleaner transport after months of industry pressure. The move suggests a slower rollout of electric vehicles in...

Posted: Dec 17, 2025