Tips & Guide

Fire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’

The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end —…

Family of Alabama Man Killed by Police Will Get $750,000 Settlement

MONTGOMERY, Ala. (AP) — An Alabama city will pay $750,000 to settle a federal civil rights lawsuit against a police…

Maine Town Plan to Remove Two Dams Includes Marina Insurance Measure

The Yarmouth town council voted unanimously this month to remove two town-owned dams on the Royal River and consider fish…

Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates

Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion…

Bayer Faces Billions in Payouts for Decades-Old Toxic Mess

Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many…

People Moves: Lloyd’s Names AIG Veteran Baugh as Council Member; White Bear Managers Taps Former Castel Bloodstock Underwriters Woodward and Long

This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows…

Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division

Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting…

Extreme Ocean Heat Breaks Records in 2024, Creating 2 Mysteries to Solve

This past year, 2024, was the warmest ever measured for the global ocean, following a record-breaking 2023. In fact, every…

Family Seeks Record $2.6 Billion After Fatal Helicopter Crash

The family of former Leicester soccer club owner Vichai Srivaddhanaprabha has filed the largest fatal accident claim in English history…

Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans

The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s…

An Increase in Identity Theft, Cybercrime Predicted in 2025

The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC).…

People Moves: NAMIC Promotes Cotto to Counsel of Federal and Political Affairs

The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and…

Economists Say Los Angeles Fire to Have Limited National Economic Impact

Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the…

Generali Near Deal With Natixis for Asset Management Venture

Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut…

Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations

A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise…

New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed

A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the…

Kuderer Sworn in as Washington Insurance Commissioner

Patty Kuderer was sworn in as Washington’s ninth insurance commissioner on Wednesday. She is one of only 11 elected insurance…

OSHA Wants Soap Maker to Clean Up Its Act in Response to Chemical Release

A Chambersburg, Pennsylvania soap and detergent manufacturer faces $161,310 in federal penalties after an Occupational Safety and Health Administration (OSHA)…

Trucordia Acquires Insurance Business of Boulder Insurance in Colorado

Trucordia acquired the insurance business of Boulder Insurance Solutions in Colorado. Boulder Insurance Solutions is full-service brokerage in serving small-…

15 Tips on Naming an Insurance Agency

This post is part of a series sponsored by Darkhorse Insurance. Starting a new insurance agency is a thrilling venture,…

California Expands Moratorium on Homeowners Insurance Cancellations and Non-Renewals

California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already…

People Moves: Lockton Re’s International P&C Division Names Moruzzi, Cope as Senior Brokers; Westfield Specialty Appoints Nugent, Beltran for Professional Indemnity Team

This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International. A summary of these new…

Legacy Specialist Enstar Agrees $196M Loss Portfolio Transfer With Atrium Syndicate

Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced its Lloyd’s syndicate has agreed a ground-up loss portfolio transfer (LPT)…

Pilot Confusion, Congestion Detailed in Fatal Japan Crash Report

A report detailing distracted pilots, airport congestion and shortcomings in safety protocols shines new light into the lead up to…

NHS Cyberattack in UK Inflicted Long-Term Harm on Patient Health

A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to…

Texas Drywall Company Owner Faces Workers Comp Fraud Charges

The owner of a Texas drywall company is set to appear in Travis County District Court on February 12 to…

Fiesta Auto Insurance Expands in Texas With Katy Location

Fiesta Auto Insurance and Tax Services announced the signing of new a deal to open its latest location in Katy,…

Georgia Lawmakers to Take up School Safety, Hurricane Relief as Session Starts

ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend…

Los Angeles Is on Edge as Strong Winds Keep Fire Danger Elevated

Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California, creating the risk of more…

‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos

Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property,…

WalkerHughes Acquires Missouri’s IBA

WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage business headquartered in Indianapolis, Indiana, has acquired Independent Brokers Agency LLC,…

Dozens of Vehicles Broken Into During Michigan Basketball Game

More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during…

People Moves: MEMIC Promotes McCracken; NFP Appoints Kim; Harford Mutual Changes Leadership

MEMIC Promotes McCracken to VP of Business Intelligence and Analysis The MEMIC Group, headquartered in Portland, Maine, promoted Kaila McCracken…

Chicago Construction Billionaire Deepens Bet on Data Centers

Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in…

Amazon Is Halting Some of Its Diversity and Inclusion Programs

Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US…

Vermont Added 41 Captives in 2024

Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was…

SEC Sues Elon Musk Over Late Disclosure of Twitter Stake

Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of…

With Uber Boost, Group Seeks Reforms to Lower New York’s High Insurance Costs

Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think…

Colonial Shuts Largest US Gasoline Pipe to Investigate Leak

Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line…

Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz

Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk…

War Anxiety Grips Davos Experts With Ukraine Peace Still Elusive

War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US…

FTC Prepares Lawsuit Over Deere Equipment Repair Practices

The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment…

Biden Signs Executive Order to Ensure Power for AI Data Centers

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing…

New Auto Liability Minimums Take Effect in North Carolina

This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the…

Insurance Journal’s ‘Agents of the Year’ Nomination Deadline Soon.

Are you a top agent/producer? Do you know someone at your agency who is? Insurance Journal is searching for the…

Construction Firm Owner Sentenced for Tax, Mail and Workers Compensation Fraud

A Hopkinton man was sentenced on Jan. 10, 2025 in federal court in Boston for defrauding the Internal Revenue Service…

Dermatologicals Now the Costliest Drug Group in California Workers Comp

Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend…

Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California

Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location…

Regulatory Roundup: Operation Bear Claw, Rampant Deer, and Key Holiday Coverage

This post is part of a series sponsored by AgentSync. State-by-state variations of laws, compliance protocols, industry transparency, and general…

Minneapolis to Overhaul Police Training After George Floyd’s Murder

The Minneapolis City Council this month approved an agreement with the federal government to overhaul the city’s police training and…

DARAG Acquires Run-Off Portfolio From wefox Insurance AG

DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled…

Iowa Insurance Division Joins $17M Settlement With Edward Jones

The Iowa Insurance Division, a member of the North American Securities Administrators Association (NASAA), announced last week it has joined…

FTC Says CVS, Cigna and UnitedHealth Abuse Middleman Role

Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost…

South Carolina Extends Use of Emergency Adjusters After Helene

Property and auto insurers in South Carolina can keep non-resident adjusters on the job for at least another 90 days,…

New Orleans Officials Confident in Security Plans Ahead of Super Bowl

New Orleans officials projected confidence in their security plans as the city prepares to host the Super Bowl and Mardi…

Texas Lawmaker Sees California Fire Aid Tied to Conditions

As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying…

Polo Insurance Managers Launches Clockwork Re

Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re…

Robinhood to Pay $45 Million to Settle SEC Charges

Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over…

Florida Store Owner Who Faked Death for Insurance Gets Sentenced Commuted

Floridians may remember the strange case of Jacksonville businessman Jose Lantigua, who faked his own death in 2013 in an…

Los Angeles Faces Another Day of Extreme Fire Risk as Winds Rise

Hot, dry winds are pummeling Los Angeles and surrounding areas of Southern California, raising wildfire risks through at least Wednesday…

Baltic Sea Cable Cuts Can’t Be Accident, EU Tech Chief Says

The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t…

Find Out How Salaries & Satisfaction Stack Up: Agency Salary Survey

We invite ALL retail agency owners, principals, producers, CSRs — the entire agency — to participate in Insurance Journal’s annual…

Sandy Hook Families Reach Settlement Over Alex Jones’ Bankruptcy

Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on…

LA Wildfires Losses Could Top $30 Billion for Insurance Industry

Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the…

Russian Insurer Says US Sanctions Against it Increase Risk of Environmental Disaster

Russian insurance company Ingosstrakh said on Friday that U.S. sanctions against it would increase the risk of environmental disasters. The…

Russia Expands Response to Biggest Black Sea Fuel Spill in Decades

Russia has formed a new government commission to coordinate clean up of the biggest spill of oil products in the…

People Moves: Vermont Mutual Names McDonnell CEO; Carangelo Joins DeCotis

Vermont Mutual, headquartered in Montpelier, Vermont, named company president Mark J. McDonnell as chief executive officer. McDonnell first joined Vermont…

With Waters and Mandates Rising, HoneyQuote Adds Flood Insurance Price Tool

As more policyholders with Florida’s Citizens Property Insurance are statutorily required to purchase flood insurance, another insurance rate-quoting service has…

Navion Acquiring Pegasus Capital & Insurance Services in California

Navion insurance Associates Inc. has acquired Pegasus Capital & Insurance Services Inc. in California. Pegasus Capital & Insurance Services is…

US Chicken, Pork Plant Workers Face Higher Health Risks, USDA Studies Confirm

Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal…

New York Governor Wants to Curb Hedge Funds Buying of Homes

New York Gov. Kathy Hochul last Thursday said she will push for new laws to make it harder for hedge…

Reuters Exclusive: Investor Climate Group Suspends Activities After BlackRock Exit

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities…

Crews Continue Efforts to Stabilize Pennsylvania Sinkhole Area

A sinkhole where a Pennsylvania woman fell to her death last month is now being filled with hundreds of cubic…

US Supreme Court Rebuffs Meta Bid to Avoid Advertisers’ Lawsuit

The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class…

Texas Lawsuit Alleges Allstate Illegally Collects Driver Data

The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through…

Edison Utility Sued Over Role of Equipment in Los Angeles Fire

Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of…

Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California

Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location…

USDA Halts Mexican Cattle Imports, Impacting Millions in Texas Livestock Industry

A single cow in Mexico and a pest the size of a housefly have held up pens full of Texas-bound…

Business Moves: Aon’s NFP Buys Irish HR Consultant; CoreLogic Purchases Australian Technology Firm

Aon’s NFP Acquires Irish Human Resources Consultancy and Training Specialist NFP, the New York City-based brokerage and consulting firm and…

Lawsuit Seeks to Recover Damages for Dancers at Kansas Gentlemen’s Club

The U.S. Department of Labor filed a federal lawsuit on Jan. 6, 2025, as part of its ongoing effort to…

Los Angeles Fires Rage as High Winds Set to Return This Week

At least two rounds of vicious, dry Santa Ana winds are expected to blast through Southern California early this week,…

Negligence Allegations in Lawsuit Following Truck Attack in New Orleans

Six people who were injured and the father of a man who was killed in the New Year’s truck attack…

Toxic Traces of Lead Mining in Missouri Are Hard to Erase

To see the toxic legacy of lead mining in the US and understand the complicated task of cleaning it up,…

People Moves: Arch Insurance (EU) dac Promotes Smith to CEO, Succeeding Scheuer; BHSI Taps SCOR’s Le Gall as Head of Casualty in France

This edition of International People Moves details appointments at Arch Insurance and Berkshire Hathaway Specialty Insurance. A summary of these…

Winter Storm Gripped on Parts of the South, With Snowy Roads, Flight Cancellations

ATLANTA (AP) — Flight cancellations piled up and officials warned of continuing dangerous roads Saturday in the wake of a…

Moody’s to Acquire Geospatial AI Firm CAPE Analytics

Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said…

Canadian Insured Losses from Catastrophic Events Total C$8.5 Billion in 2024: CatIQ

The magnitude of catastrophic events experienced across Canada in 2024 pushed the insured loss total for the region to C$8.5…

Mississippi Police Officer Suspended After Chase That Ended in Three Deaths

BYHALIA, Miss. (AP) — A north Mississippi police officer whose pursuit ended in a crash that killed three people has…

Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice

A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., bringing the…

New York AG Seeks Recovery of $2.2 Million in Crypto Tied to Remote Job Scam

New York Attorney General Letitia James has filed a lawsuit to recover $2.2 million worth of cryptocurrency held in digital…

Pfizer Must Face Lawsuit Over Diversity Fellowship Program, Appeals Court Rules

A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity initiatives in medicine that…

Broker Miller Launches Korean Unit to Aid Asia Expansion

Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by…

Stricken Oil Tanker Towed to Safety Off German Island of Ruegen

An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has…

Yodel Lawsuit Exposes Strains in UK’s Troubled Parcel Industry

A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating…

Tougher US Sanctions to Curb Russian Oil Supply to China and India

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight…

FEMA Maps Lead to Development in Flood-Risk Areas, NC State Study Shows

A study by researchers at North Carolina State University supports what some critics of federal flood maps have said for…

US Sues Airbnb After Host Rejected Rental to Mother With Children

Airbnb was sued by the U.S. government on Friday over a host’s refusal to rent an apartment to a mother…

Bodies In Landing Gear. Stowaways. Open Doors. What’s Up With Aviation Security?

What is going on with aviation security? People have been found dead hiding in the wheel wells of planes twice…

Heffernan Insurance Brokers Acquires Green Financial in Washington

Heffernan Insurance Brokers acquired Green Financial in Kirkland, Washington. Fred Green, president of Green Financial, and his team have joined…

American Airlines’ ESG-Based Investing for 401(k) Plan Is Illegal, US Judge Rules

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee…