ICT and State Farm Launch Campaign to Combat Rising Vehicle Theft in Texas
The Insurance Council of Texas (ICT) and State Farm are partnering for the 2025 Lock It Down! campaign—an ongoing statewide effort to reduce motor vehicle theft, burglary, and fraud-related crime. This year’s campaign includes a new component: parking lot signs …
POSTED NOVEMBER 25, 2025 5:12 PM |
Homesellers Pull Listings Off Market as Interest Fades
Homesellers in the US are yanking listings off the market, as the nation’s real estate sector stagnates. Nearly 85,000 sellers removed their properties in September, the highest number for that month in eight years, according to Redfin. The number of …
POSTED NOVEMBER 25, 2025 5:12 PM |
Surge in Water Demand Could Put Ohio Farmers and Industry on Collision Course
Deep inside a report on the future of water in central Ohio is this warning: Industrial demands for water will skyrocket at the same time experts expect farmers will need to regularly irrigate their fields during the critical growing period …
POSTED NOVEMBER 25, 2025 5:07 PM |
Amazon Delivery Company Sued in Michigan for Disability Discrimination
ALM Freight, LLC, an Amazon Delivery Service Partner company, and LMDmax Corp., violated federal law at ALM’s Pontiac, Michigan facility by failing to provide a reasonable accommodation for a deaf job applicant after she requested an American Sign Language (ASL) …
POSTED NOVEMBER 25, 2025 4:57 PM |
Texas Youth Camps Urged to Address Mental Health as Part of State Safety Mandates
Texas officials are requiring youth camps to have weather alert systems, mandated emergency preparedness plans, and various communication methods to help children and their families feel safe when they return this summer. But one thing is still missing from the …
POSTED NOVEMBER 25, 2025 4:51 PM |
Most Consumers Aware and Worried How Litigation Increases Insurance Cost
The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance Agents & Brokers of America (the Big I), 64.3% of those surveyed are …
POSTED NOVEMBER 25, 2025 4:44 PM |
Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict
In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former …
POSTED NOVEMBER 25, 2025 4:27 PM |
UK Insolvencies Surge as Higher Business Costs Deepen Strain
UK insolvencies are rising sharply, with a leading trade credit insurer saying any new government policies that stand to raise business costs risk further pressuring vulnerable sectors. The increase reflects the impact of measures announced in last year’s budget, including …
POSTED NOVEMBER 25, 2025 3:28 PM |
Three Swiss Insurers Added to G20 Watchdog Resolution Plan List
Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms that must develop resolution plans in case of insolvency, the G20’s financial watchdog said on Tuesday. The Financial Stability Board published an updated global …
POSTED NOVEMBER 25, 2025 3:12 PM |
Trucordia Expands in New England With Acquisition of Charles River Insurance
Utah-based Trucordia announced it has acquired Charles River Insurance, an independent insurance agency based in Framingham, Massachusetts that serves the greater Boston and central Massachusetts regions. Charles River Insurance provides personal, commercial, life and health insurance. It has a second …
POSTED NOVEMBER 25, 2025 2:43 PM |
Royal Bank of Canada Denies Claims of ‘Boys Club’ Culture, Bias Against Women
Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its US capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women. In a …
POSTED NOVEMBER 25, 2025 2:09 PM |
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes
On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the US and Europeare contracting with a handful of artificial intelligence startups to map wildfire risk along thousands of miles of power lines, picking out individual …
POSTED NOVEMBER 25, 2025 1:58 PM |
Deadly Floods Hit Southeast Asia as More Rain Forecast
Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week. Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 households and rubber- and …
POSTED NOVEMBER 25, 2025 9:58 AM |
Insurers’ Investment in Synthetic Risk Transfers Face Fresh Scrutiny Under EU Proposals
Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog, under new proposals to bridge the gap between member states on a deal to revamp Europe’s securitization market. Denmark, which …
POSTED NOVEMBER 25, 2025 9:06 AM |
Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill
A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought in many British territories — dismissed …
POSTED NOVEMBER 25, 2025 8:46 AM |
Thanksgiving No. 1 Day of the Year for Cooking Fires in US
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …
POSTED NOVEMBER 25, 2025 6:12 AM |
How AI Could Reboot Britain’s Services-Heavy Economy
When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, something that previously …
POSTED NOVEMBER 25, 2025 6:10 AM |
Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law
Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300 victims and family members of …
POSTED NOVEMBER 25, 2025 6:07 AM |
Insurance Customers Skeptical About AI Processes and Benefits
While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s …
POSTED NOVEMBER 25, 2025 6:01 AM |
Barge Looted in the Bahamas Returns to Florida but Insurance Claims Mounting
A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …
POSTED NOVEMBER 25, 2025 6:01 AM |
New Homeowners Insurance Product in California Launched by bolt
Insurtech bolt launched a new homeowners insurance offering the firm is calling VTRO. VTRO is a California-based managing general agent created by bolt. VTRO combines comprehensive coverage with bolt’s smart water sensor technology. The firm said the policies are underwritten …
POSTED NOVEMBER 25, 2025 6:00 AM |
Geo Study Highlights Regional Cost Differences in California Workers’ Comp
Where an injured worker lives in California and receives care can significantly affect claim frequency, complexity and overall costs, a new study shows. The newly released Workers’ Compensation Insurance Rating Bureau of California’s 2025 Geo Study shows clear regional differences …
POSTED NOVEMBER 25, 2025 6:00 AM |
Washington Labor Inspectors Catch 41 Unregistered Contractors
The Washington State Department of Labor & Industries cited 41 people for unregistered contracting, or for unlicensed plumbing and electrical work during inspections at nearly 350 construction sites over the course of two days. The coordinated effort organized by the …
POSTED NOVEMBER 25, 2025 6:00 AM |
Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder
A federal jury awarded $80 million Wednesday to the estate of a Buffalo man whose conviction in a 1976 murder was overturned after he spent nearly a quarter century in prison. Darryl Boyd, one of the group of Black teenagers …
POSTED NOVEMBER 25, 2025 6:00 AM |
Contractor and Cape Cod Town Began Court Battle Before Fatal Trench Collapse
The employer of a construction worker who was killed in a trench collapse on Cape Cod last week and the town that hired the firm for the sewer project are in a legal dispute that began before the fatal accident. …
POSTED NOVEMBER 25, 2025 6:00 AM |