Insurance Journal RSS feed

A U.S. appeals court on Tuesday upheld a ruling by a lower court to approve the Justice Department decision to dismiss a criminal case against Boeing, which allowed the planemaker to avoid prosecution on a charge stemming from two fatal …

Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. An unknown hacker was able to breach one of the few accounts that can release new versions …

Orlando-based Hatcher Insurance Group, part of Unison Risk Advisors for almost a year, has expanded its employee benefits practice with the acquisition of Level 3 Benefit Advisors. The Level 3 firm, founded in 2021, is based in Winter Park. Founder …

Pennsylvania-based insurance brokerage Patriot Growth Insurance Services announced the appointment of John Galaviz as chief executive officer. Galaviz succeeds Matt Gardner, who founded Patriot Growth in 2019, as CEO. Gardner has left the company to pursue other opportunities, according to …

District of Columbia Attorney General Brian L. Schwalb announced that the District has won judgments in nine lawsuits that will cost 14 drivers from Maryland and Virginia a total of $531,192 in unpaid fines, penalties and fees for traffic citations. …

Cars on the road today are 99% cleaner than they were in 1970. Air quality in the United States is much, much better as a result. In Los Angeles, where I live, lead levels in the air were 50 times …

Marsh announced Ted Moynihan will become president and CEO of Marsh Management Consulting and Oliver Wyman, effective April 1. He will succeed Nick Studer, who earlier this month was appointed president and CEO of Marsh Risk. Moynihan will serve on …

European insurance watchdogs are taking a closer look at how the industry values its investments in private credit amid widespread concerns about the asset class. Authorities in France and Germany are among those to recently step up their scrutiny, according …

The Pennsylvania Supreme Court has concluded that an individual who is the sole owner and employee of a business is not required to provide his insurance carrier with notice of his work-related injury within 120 days to qualify for workers’ …

Vital Arctic sea ice shrank to tie its lowest measured level for the winter, the season when ice grows, as a warming Earth shattered records across the continents. Arctic sea ice levels, especially in the summer, are crucial to Earth’s …

Cannabis company Ascend Wellness Holdings, Inc. violated federal law when it subjected female employees at the company’s Collinsville, Illinois facility to unlawful sexual harassment, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the EEOC’s lawsuit, …

Small- and medium-sized businesses (SMB) are especially at risk being struck by a new trend—a rise in cyber privacy litigation. “Privacy risk is no longer just about data breaches,” said Andy Thomas, CEO of KYND. A new report from the …

Chicago-area residents are facing some of the country’s highest property taxes, with bills surging at double the inflation rate over the past 30 years, according to a study released Monday. Property owners paid $19.2 billion in taxes in 2024, a …

There were allegedly five heat-related deaths over the last two summers in Texas prisons, the plaintiff’s attorneys presented on the first day of the federal trial over insufficient air conditioning in these facilities. The Texas Department of Criminal Justice has …

For nearly a decade, residents of Sweetwater have been confronted by a jarring sight as they leave and enter this small West Texas town: thousands of used wind-turbine blades. The blades take up nearly 1 million square feet in a …

Wars, including a widening conflict in the Middle East, are heightening risks for aviation as flight corridors are squeezed and drones become more widespread, Europe’s top aviation safety regulator told Reuters. The month-old Iran war is reshaping airspace across the …

Shippers remain doubtful of a wholesale return to the Strait of Hormuz while it remains beset by conflict, throwing cold wateron a Trump administration plan for US-backed insurance and naval escorts to clear passage through the vital waterway. “This is …

Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran without humans. Today, nearly 60% are automated, with some settled in just 51 seconds. The leap shows Ping An’s push into artificial intelligence, after …

An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital …

Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing “increased momentum” and another “stabilization.” Both, however, indicated that selectivity and strategic approaches characterized 2025 deals—a dynamic they believe …