Insurance Journal RSS feed

The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges of the International Court …

The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. …

The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Market Share Report published by …

A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two organizations published …

Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York …

The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Executives Officer W. Robert …

Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After the …

Steve Wolfenberger joined Alliant Insurance Services, headquartered in Irvine, California, as vice president within its employee benefits group. Based in California, Wolfenberger focuses on delivering customized benefits strategies for mid-sized employers throughout the West Region. Wolfenberger has extensive experience in …

Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on April 1. Marine cargo is …

A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and memorabilia, …

The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged Werner violated …

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …

Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging the hackers gained access by asking the tech company’s staff for its employees‘ passwords. Clorox was one of several major companies …

Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian insurance broking platform. Financial …

Democratic Gov. Katie Hobbs toured the destruction left by a wildfire along the Grand Canyon’s North Rim, on Saturday, surveying what she described as devastating damage. The governor, who has called for an investigation into how the blaze was handled, …

Changes to the taxes paid by litigation investors did not make it in the final version of the expansive One Big Beautiful Bill, but the issue of third-party litigating funding continues to have the attention of at least some lawmakers …

North Carolina’s residual property insurance association is expanding its roof-grant program by $20 million, offering $6,000 to policyholders who upgrade their roofs to the more wind-resistant FORTIFIED standard. “In May, we launched the Strengthen Your Roof program, which invested $20 …

Severe storms are triggering flooding in parts of Europe following weeks of extreme heat, while temperatures on the Italian island of Sicily climb to 44C (111F). A powerful low-pressure system delivered heavy precipitation as it moved east into central Europe …

The insurer for the actor Justin Baldoni and other executives at his movie studio Wayfarer says its policies do not cover actress Blake Lively’s allegations of sexual harassment during the filming of the movie “It Ends With Us.” Wayfarer and …