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News Archives - Insurance Journal

California Judge Enables Tesla to Undo Race Bias Class Action by Black Factory Workers
A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker. California …

POSTED NOVEMBER 17, 2025 4:29 PM
Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger nonstandard auto insurers turned in …

POSTED NOVEMBER 17, 2025 4:25 PM
Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans
Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicated for commercial vessels. Meta Platforms Inc.’s 2020 plans …

POSTED NOVEMBER 17, 2025 4:14 PM
K2 and Dale Get ‘In Principle’ Nod From Lloyd’s to Launch Syndicate 1954
Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval from Lloyd’s to launch Syndicate 1954. Operating as a special purpose arrangement (SPA), …

POSTED NOVEMBER 17, 2025 3:35 PM
Los Angeles Showers Wane After Record Southern California Rain
Showers will be winding down across Los Angeles and Southern California after record rains brought raised the risks of floods and mudslides, especially in areas scorched by recent wildfires. Downtown Los Angeles received 1.65 inches Saturday, a record for the …

POSTED NOVEMBER 17, 2025 3:06 PM
Businessman Accused in Trafigura Nickel Nightmare Goes on Trial
More than two years after it emerged that Trafigura Group lost over half a billion dollars in an alleged nickel fraud, a trial began as the trading giant attempts to recover losses from the man it says was behind the …

POSTED NOVEMBER 17, 2025 3:02 PM
Tenn. Police Officer in Critical Condition After Crash in JD Vance’s Motorcade
Two law enforcement vehicles crashed in Tennessee on Friday night while supporting Vice President JD Vance’s motorcade, sending a police officer to the hospital in critical condition, authorities said. The crash in Maryville, about 17 miles (27 kilometers) south of …

POSTED NOVEMBER 17, 2025 2:53 PM
Two-Year-Old Falls From 20-Story New Jersey Apartment Building
Authorities in New Jersey are investigating the death of a 2-year-old boy who was reported to have fallen from a 20th-story window. Newark police were called to a high-rise apartment building at 7 a.m. Saturday on the report of a …

POSTED NOVEMBER 17, 2025 2:47 PM
Immigration Enforcement Surge Begins in Charlotte, Federal Officials Confirm
Federal officials confirmed Saturday that a surge of immigration enforcement in North Carolina’s largest city has begun, as agents were seen making arrests in multiple locations. “Americans should be able to live without fear of violent criminal illegal aliens hurting …

POSTED NOVEMBER 17, 2025 2:42 PM
Anthropic Warns of AI-Driven Hacking Campaign Linked to China
A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion. The AI company Anthropic said this week that it disrupted a cyber operation …

POSTED NOVEMBER 17, 2025 2:41 PM
European Central Bank’s Guindos Says Financial-Stability Risks Remain Elevated
European Central Bank Vice President Luis de Guindos said financial-stability risks are still high due to the unpredictable outlook for the global economy and trade. “Vulnerabilities remain elevated in view of uncertainty over geoeconomic trends and the ultimate impact of …

POSTED NOVEMBER 17, 2025 1:01 PM
Consumer Watchdog Proposes End to Civil Rights-Era Anti-Discrimination Requirements
The U.S. federal consumer finance watchdog on Wednesday proposed narrowing key civil-rights-era anti-discrimination requirements for the financial industry, advancing Republican President Donald Trump’s effort to curtail long-standing policies he views as a burden on businesses, but that advocates say are …

POSTED NOVEMBER 17, 2025 12:29 PM
Apple Must Pay Masimo $634M in Smartwatch Patent Case, Jury Says
A federal jury in California said on Friday that Apple owes medical-monitoring technology company Masimo $634 million for infringing a patent covering blood-oxygen reading technology. The jury agreed with Masimo that the Apple Watch’s workout mode and heart rate notification …

POSTED NOVEMBER 17, 2025 11:57 AM
Appeals Court to Weigh Reviving Cases Over Tylenol and Autism
A U.S. appeals court is expected to hear arguments on Monday from families seeking to revive their lawsuits over Tylenol, after the Trump administration publicly promoted their claims that the popular painkiller is linked to autism in children. In urging …

POSTED NOVEMBER 17, 2025 11:48 AM
Iran Forces Seize Oil Tanker After it Passes Hormuz Strait
Iranian forces seized an oil tanker sailing in the Gulf of Oman, diverting the vessel toward the country’s territorial waters on Friday after it passed the Strait of Hormuz, a US defense official said. The Marshall Islands-flagged tanker Talara was …

POSTED NOVEMBER 17, 2025 11:32 AM
Update: Poland’s Tusk Says Act of Sabotage Behind Railway Explosion
Polish Prime Minister Donald Tusk said an explosion that damaged a railway route linking Poland with Ukraine was an act of sabotage, as the country confronts rising hybrid threats from Russia. “The explosion was most possibly intended to blow up …

POSTED NOVEMBER 17, 2025 11:22 AM
Arkansas-Based Restaurant Chain to Pay $300K to Settle Sexual Harassment Lawsuit
Simply Slims, L.L.C., doing business as Slim Chickens, will pay $300,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Headquartered in Fayetteville, Arkansas, Slim Chickens …

POSTED NOVEMBER 17, 2025 8:00 AM
Nebraska Court Allows Data Privacy Lawsuit Against Change Healthcare to Proceed
Nebraska Attorney General Mike Hilgers announced last week that a district court denied Change Healthcare’s motion to dismiss claims for alleged consumer protection and data privacy violations, allowing the state’s lawsuit against Change Healthcare, UnitedHealth Group, and Optum to move …

POSTED NOVEMBER 17, 2025 8:00 AM
AM Best Revises Outlook to Stable for Members of Illinois’ IFG Companies
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) for the members of Chicago-based IFG Companies (IFG). These …

POSTED NOVEMBER 17, 2025 8:00 AM
Louisiana Man Arrested in Extensive Auto Insurance Fraud Scheme
A Monroe, Louisiana man has been arrested following an investigation into a suspected staged-crash and insurance fraud scheme, the Louisiana Department of Insurance (LDI) announced. Adrian Sampson, 21, is charged with 49 felony counts including aggravated criminal damage to property, …

POSTED NOVEMBER 17, 2025 7:00 AM
Florida-Based Neptune Reports $11.5M Q3 Profit After IPO
Two months after its initial public offering raised more than $368 million, Neptune Insurance Holdings Inc. reported a lucrative third quarter, despite a slight dip in net income. Q3 net income for the St. Petersburg, Florida-based private flood insurance firm …

POSTED NOVEMBER 17, 2025 6:02 AM
Coal Miners With Black Lung Say Government Is Suffocating The ‘Working Man’
Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, …

POSTED NOVEMBER 17, 2025 6:00 AM
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week
The National Transportation Safety Board will hold a public board meeting this week to determine the probable cause of the contact of the containership Dali with the Francis Scott Key Bridge and subsequent bridge collapse. NTSB’s board is expected to …

POSTED NOVEMBER 17, 2025 6:00 AM
Arizona Workers’ Comp Rates Fall for a 12th Straight Year
Workers’ compensation rates in Arizona are set to go down 6.7% next year. The Arizona Department of Insurance and Financial Institutions reviewed the annual National Council on Compensation Insurance rate filing for a 6.7% reduction in workers’ comp rates, which …

POSTED NOVEMBER 17, 2025 6:00 AM
NYC Council Committee Rejects Ban on Central Park Horse Carriages
Central Park’s iconic horse-drawn carriages will trot on, for now. A proposal to ban the popular tourist attractions that have been fixtures in Central Park for more than 150 years failed to clear a key New York City Council committee …

POSTED NOVEMBER 17, 2025 6:00 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Kelstar Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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