Insurance Journal

Climate Change Is Straining Alaska’s Arctic, But A Mining Road May Push It Past The Brink

Ice blocks drift past Tristen Pattee’s boat as he scans the banks of Northwest Alaska’s Kobuk River for caribou. His great uncle Ernest steadies a rifle on his lap. It’s the last day of September, and by every measure of …

Posted: Dec 12, 2025

Climate Change Is Straining Alaska’s Arctic; a Mining Road May Push it Past the Brink

Ice blocks drift past Tristen Pattee’s boat as he scans the banks of Northwest Alaska’s Kobuk River for caribou. His great uncle Ernest steadies a rifle on his lap. It’s the last day of September, and by every measure of …

Posted: Dec 12, 2025

Connecticut Builder Charged With Being Workers’ Compensation Scofflaw

The owner of a Connecticut construction firm has been arrested and charged with failing to provide the required workers’ compensation insurance coverage for employees as required by law. According to the state’s Division of Criminal Justi...

Posted: Dec 12, 2025

Trump Signs Order Seeking to Limit State-Level AI Regulation

President Donald Trump signed an order aimed at thwarting state-level regulation of artificial intelligence through lawsuits and funding cuts, handing a win to tech industry leaders who’ve pressed for preemption of local rules. Trump said the m...

Posted: Dec 12, 2025

What to Expect in 2026: US P/C Results More Like 2024

With premium growth slowing to around 3% or 4%, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chri...

Posted: Dec 12, 2025

Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration

We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains wide...

Posted: Dec 12, 2025

Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans

Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “...

Posted: Dec 12, 2025

People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS T...

This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, t...

Posted: Dec 12, 2025

Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat

Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracte...

Posted: Dec 12, 2025

Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry Finds

The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular hei...

Posted: Dec 12, 2025

Floods, Falling Rocks Force Closure of Major Highways to Vancouver

Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transpo...

Posted: Dec 12, 2025

US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say

The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure...

Posted: Dec 12, 2025

Climate Change Supercharged Deadly Asia Floods, Study Finds

Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at...

Posted: Dec 12, 2025

Applied Underwriters Golf Invitational Nets Record-Breaking $15.2 Million for Charities

The Applied Underwriters Invitational said its annual golf competition raised a record-breaking $15.2 million for charities across the nation. The record exceeds last year’s $14 million, and boosts Applied Invitational’s 38-year total to...

Posted: Dec 12, 2025

Big ‘I’ CEO Symington Named Among Top Lobbyists for 2025

The Hill, a prominent Washington, D.C.-based political newspaper, named Charles Symington, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), among the top trade association lobbyists in the nation&#...

Posted: Dec 12, 2025

Suit Against OpenAI and Microsoft Blames ChatGPT for Murder-Suicide

OpenAI and its investor Microsoft Corp. were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users. The lawsuit turns on the actions of a 56-year-old man who l...

Posted: Dec 12, 2025

Probe Finds Officers Violated Policies in Pursuit That Killed Recruit

An internal affairs investigation into the actions of Rutland, Vermont police in a motor-vehicle pursuit that resulted in the death of a young officer was “preventable” if police had followed proper procedures, recent court documents show...

Posted: Dec 12, 2025

People Moves: Penn National Insurance Announces Leadership Changes for 2026

Penn National Insurance, headquartered in Harrisburg, Pennsylvania, is making changes to its leadership team effective in early 2026. After over 30 years with the company, including more than five as president and CEO, Robert Brandon will transition...

Posted: Dec 12, 2025

Toxic Water From Texas Oil Production Is Set to Be Treated and Pumped Into Rivers

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue permits that would let four companies, inclu...

Posted: Dec 12, 2025

Judge Orders Trump to End National Guard Troop Deployment in LA

The Trump administration must stop deploying the California National Guard in Los Angeles and return control of the troops to the state, a federal judge ordered Wednesday in an emphatic ruling. U.S. District Judge Charles Breyer in San Francisco gran...

Posted: Dec 11, 2025

The Fidelis Partnership Transfers European Headquarters to Dublin From Brussels

The Fidelis Partnership (TFP), the Bermuda-headquartered managing general underwriter, announced it has transferred its primary European entity from Brussels to Dublin, effective December 1, 2025. The move establishes Dublin as the hub through which...

Posted: Dec 11, 2025

UConn, Georgia Tech Students Win ACORD Challenge Using AI Tools in Pet Insurance

The insurance industry data standards organization ACORD announced today that University of Connecticut graduate student Manasa Ramaka has won the ACORD Student Challenge 2025, a national competition that asks university students to leverage cutting-...

Posted: Dec 11, 2025

People Moves: Salem Five Insurance Names Leadership of New Private Client Practice

Salem Five Insurance, a division of Salem Five Bancorp headquartered in Woburn, Massachusetts, launched its private client practice, naming Kelly Ewart as senior vice president and private client practice leader and appointing Beth Needham to the new...

Posted: Dec 11, 2025

Markets/Coverages: QBE Automotive Protection Partners With Repair Ventures

QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance o...

Posted: Dec 11, 2025

Waymo Recalls, Updates Software for Over 3000 Vehicles, US Regulator Says

Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with t...

Posted: Dec 11, 2025