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News Archives - Insurance Journal

Illinois Roofing Company Sued for Race and Sex Harassment
Anthony Roofing Tecta America LLC and Tecta America Corporation, roofing services providers in Illinois and nationwide, violated federal law when they subjected African American and female employees of their Aurora, Illinois location to race and sex harassment, the U.S. Equal …

POSTED NOVEMBER 26, 2025 5:29 PM
Tyson Foods’ Decision to Close Nebraska Beef Plant Could Hurt Ranchers Nationwide
Tyson Foods’ decision to close a beef plant that employs nearly one third of residents of Lexington, Nebraska, could devastate the small city and undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem significant, but the …

POSTED NOVEMBER 26, 2025 5:17 PM
Tornado Damages More than 100 Homes Near Houston
More than 100 homes have been damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video posted on Facebook by the Harris County Precinct 4 …

POSTED NOVEMBER 26, 2025 4:53 PM
West Texas County Struggles to Secure Funding for Flood Prevention
When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the blink of an eye. Local officials in Ector County, …

POSTED NOVEMBER 26, 2025 4:51 PM
Markets/Coverages: CFC New Tool Helps Brokers Engage SMEs on Cyber
Specialist insurer CFC said it has a new tool available to brokers worldwide to help facilitate client conversations and unlock new streams of SME cyber clients. CFC said its new bite-sized Cyber Threat Review reports hone in on the real …

POSTED NOVEMBER 26, 2025 4:13 PM
Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C
With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market Intelligence said. In a research report titled, “For U.S. P/C …

POSTED NOVEMBER 26, 2025 3:38 PM
Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—without any U.S. …

POSTED NOVEMBER 26, 2025 3:29 PM
Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam
Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity group, as the Indian businessman gave evidence for the first time on Wednesday. Gupta acknowledged …

POSTED NOVEMBER 26, 2025 3:07 PM
OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the death …

POSTED NOVEMBER 26, 2025 2:32 PM
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims
Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 98,400 fraud-related …

POSTED NOVEMBER 26, 2025 2:25 PM
Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires
Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures to help prevent fires in an aging electric railcar model that is heavily used in …

POSTED NOVEMBER 26, 2025 1:50 PM
Allianz Unit Discussing Call Center Jobs Cuts in AI Transition
Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical intelligence. The cuts will likely affect call center positions, the person said, declining to be …

POSTED NOVEMBER 26, 2025 12:26 PM
Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa
Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in South Africa. Based in Sandton, ASR’s syndicate underwriters will underwrite insurance and reinsurance risks in South Africa and neighboring countries, …

POSTED NOVEMBER 26, 2025 12:14 PM
US Terror Label in Venezuela Deepens Risk for Oil Companies
The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela, experts say. On Monday, the administration designated Cartel de los Soles as a foreign terrorist organization that it says is …

POSTED NOVEMBER 26, 2025 11:42 AM
Poland Expects Russia to Escalate Sabotage After Rail Explosion
Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on a busy rail route to Ukraine for which authorities blame Moscow. Krzysztof Gawkowski told Bloomberg News that the NATO member’s …

POSTED NOVEMBER 26, 2025 10:33 AM
2025 Atlantic Hurricane Season Goes Out Like a Lamb
This year’s Atlantic hurricane season was marked by contrasts, according to the National Oceanic and Atmospheric Administration (NOAA). From intense bursts of activity to relative calm, the season will end on November 30 with activity falling within the agency’s predicted …

POSTED NOVEMBER 26, 2025 6:53 AM
Meta Settles Cambridge Analytica-Related Claims for $190 Million
Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief executive officer from personal …

POSTED NOVEMBER 26, 2025 6:37 AM
Old Republic Upheld in Asset Transfer of Bankrupt Florida Title Insurer Subsidiary
Old Republic National Title Insurance Co., one of the largest title insurers in Florida, did not fraudulently transfer assets from a bankrupt subsidiary, and the bankruptcy court did not err in excluding an expert’s valuation testimony, a federal appeals court …

POSTED NOVEMBER 26, 2025 6:01 AM
New Jersey Vegetable Processing Firm Faces $1M OSHA Penalty After Worker Fatality
The U.S. Department of Labor has cited a fresh-cut vegetable processing company for willfully and repeatedly violating safety requirements after a worker was fatally injured while cleaning and sanitizing a machine. The department’s Occupational Safety and Health Administration (OSHA) cited …

POSTED NOVEMBER 26, 2025 6:00 AM
People Moves: NFP Names Gillingham President, Commercial Risk, and Mahoney Head of Programs, Totalis Program Underwriters
NFP named Tom Gillingham president, commercial risk, expanding his executive leadership across NFP’s commercial property/casualty programs and wholesale businesses. Based in Seattle, Washington, Gillingham joined NFP in 2017 as part of NFP’s acquisition of EverGuard Insurance Services Inc. Since 2020, …

POSTED NOVEMBER 26, 2025 6:00 AM
Lawsuits Pile Up for a Nursing Home Empire Built Despite State Investigations
In February 2024, a Los Angeles County jury awarded $2.34 million to an 84-year-old nursing home resident named Betsy Jentz, finding that the facility had violated her rights on 132 occasions, at times leading to serious injuries. Six months later, …

POSTED NOVEMBER 26, 2025 6:00 AM
How E-Deliveries Are Fueling More Crashes, Traffic, Pollution and Worker Injuries
Rapidly growing e-commerce and last-mile delivery services have contributed to significant increases in crashes, traffic, workplace injuries and air pollution, according to a report from New York City Comptroller Brad Lander. The report estimates that roughly one-in-three New Yorkers receives …

POSTED NOVEMBER 26, 2025 6:00 AM
Viewpoint: Why Predictable Performance Earns Banks Better D&O Rates
In the insurance world, uncertainty is expensive. For community banks seeking Directors and Officers liability coverage, that uncertainty has traditionally translated into premiums that fail to fairly distinguish between well-governed institutions and their less disciplined peers. But a technological revolution …

POSTED NOVEMBER 26, 2025 6:00 AM
Washington Commissioner Tells Thin Blue Line to Stop Selling Unlicensed Coverage
Washington Insurance Commissioner Patty Kuderer ordered Thin Blue Line Benefits to stop selling insurance in Washington after investigators found the company had been operating without the required state license,. The OIC began investigating the Texas-based company in July after receiving …

POSTED NOVEMBER 26, 2025 6:00 AM
World Insurance Adds New Jersey’s Mossbrook & Hicks Insurance Agency
New Jersey-based insurance broker World Insurance Associates reports that it acquired the business of Mossbrook & Hicks Insurance Agency of Cape May Court House, New Jersey on August 1, 2025. Terms of the transaction were not disclosed. The personal and …

POSTED NOVEMBER 26, 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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