Insurance Journal
YA Group announced the acquisition of the business of J.M. Reagan Consulting (JMR), a multidisciplinary consulting business specializing in property damage consulting and construction claims. The strategic acquisition strengthens YA’s presence...
Posted: Dec 16, 2025
The National Council of Insurance Legislators have come out against President Donald Trump’s executive order last week, seen as a hinderance to state regulation of artificial intelligence. NCOIL officers in a statement on Dec. 15 said they are...
Posted: Dec 15, 2025
Washington and the Pacific Northwest are facing multiple rounds of torrential downpours this week, raising flood risks in the region as residents are still grappling with last week’s historic rains. Heavy rain was peaking Monday in Washington,...
Posted: Dec 15, 2025
AIG announced it has received approval to proceed with the acquisition of Everest Group’s renewals in Germany, France, Italy, Netherlands, Spain and Ireland. The European Union deal is part of AIG’s $2 billion acquisition of Everest’...
Posted: Dec 15, 2025
AIG announced it has received approval to proceed with the acquisition of Everest Group’s renewals in Germany, France, Italy, Netherlands, Spain and Ireland. The European Union deal is part of AIG’s $2 billion acquisition of Everest’...
Posted: Dec 15, 2025
White House AI czar David Sacks defended President Donald Trump’s push to rein in state-level regulation of artificial intelligence over objections from Democrats, saying the move seeks to ease a growing compliance burden for companies. Under t...
Posted: Dec 15, 2025
The elevation of Greg Abel to replace Warren Buffett at the helm of Berkshire Hathaway will cap the rise of a native Canadian who won over the legendary investor for being committed to the company’s culture, long-term thinking, and an …
Posted: Dec 15, 2025
German insurers are the most exposed in Europe to illiquid corporate bonds, a top watchdog said in one of the most detailed reports to date on the industry’s investments in private credit. At €91.8 billion ($108 billion), more than 40% …
Posted: Dec 15, 2025
San Francisco, California-based Fairmatic, a commercial insurance company delivering data-driven fleet insurance using AI-powered technology and telematics, has rebranded and now has a new leadership team. LEEO officially launched on Monday after wha...
Posted: Dec 15, 2025
A gas explosion set off a major fire in a San Francisco Bay Area neighborhood last week after obliterating at least one home, blowing out windows and shaking nearby houses. Six people were taken to hospitals for injuries, fire officials …
Posted: Dec 15, 2025
The European Union has adopted fresh sanctions targeting companies and individuals accused of helping Moscow to circumvent Western sanctions on oil exports that help to fund Russia’s war in Ukraine. The EU has imposed 19 packages of sanctions s...
Posted: Dec 15, 2025
The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia’s war in Ukraine...
Posted: Dec 15, 2025
India’s new nuclear energy bill will spare equipment suppliers from liability in case of incidents, among other sweeping changes to the sector. The government introduced the bill in the lower house of parliament, seeking lawmakers’ approv...
Posted: Dec 15, 2025
A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss”...
Posted: Dec 15, 2025
A new broker is now suing Howden US and a pair of former employees for allegations of poaching and theft of trade secrets. Last week Aon Risk Services Cos. filed suit in U.S. District Court for the Southern District of …
Posted: Dec 15, 2025
With the winter holidays quickly approaching, independent agencies are looking for ways to reclaim precious time—to unwind and recharge. Between client requests, policy servicing, sales demands, carrier logins, and endless administrative tasks, agenc...
Posted: Dec 15, 2025
India’s cabinet has approved sweeping changes to atomic energy laws and fully opened the insurance sector to foreign investors, two government sources said on Friday, key policy moves aimed at attracting billions of dollars in two critical sect...
Posted: Dec 15, 2025
Germany’s foreign ministry summoned the Russian ambassador in Berlin and said it made it clear there’ll be consequences for hybrid attacks backed by the government in Moscow aimed at undermining democracy. “We have observed a massiv...
Posted: Dec 15, 2025
Flash flooding left at least 37 people dead in a city on Morocco’s Atlantic coast, the North African country’s deadliest such incident in more than two decades. Search and rescue operations remained underway in Safi on Monday after heavy...
Posted: Dec 15, 2025
The Federal Emergency Management Agency on Friday announced it would send $350 million in funding to localities and electric cooperatives for relief efforts following Hurricane Helene and Tropical Storm Debby. The announcement comes two months after...
Posted: Dec 15, 2025
The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with Western sanctions, shipping sources say, though rates could be capped …
Posted: Dec 15, 2025
The death of a 32-year-old man after riding a high-speed roller coaster at the Universal Epic Universe theme park was accidental, and an investigation has been closed, according to a Florida sheriff’s office report released this week. Meanwhile...
Posted: Dec 15, 2025
Deadly flooding in Asia and early snowstorms across the US are signaling the return of a weather-roiling La Niña, a cooling of Pacific waters that can disrupt economies and trigger disasters worldwide. In recent La Niña years, global losses have R...
Posted: Dec 15, 2025
A California jury on Friday awarded $40 million to two women who said Johnson & Johnson’s JNJ.N baby powder was to blame for their ovarian cancer. The jury in Los Angeles Superior Court awarded $18 million to Monica Kent and …
Posted: Dec 15, 2025
President Donald Trump’s administration is preparing to turn to private businesses to help mount offensive cyberattacks against foreign adversaries, according to people familiar with the matter, potentially expanding a shadowy electronic confli...
Posted: Dec 15, 2025