CompSource Mutual Earns A Rating From AM Best
AM Best has affirmed CompSource Mutual Insurance Company’s Financial Strength Rating (FSR) of A (Excellent) with a Stable outlook. AM Best is the preeminent insurance credit rating service. CompSource Mutual is Oklahoma’s premier workers’ compensation provider. These rating renewals reflect …
POSTED DECEMBER 29, 2025 5:25 PM |
Another Winter Storm Disrupts US Holiday Air Travel on Monday
Another intense winter storm system stretching from the upper Midwest to the Northeast will once again test US airlines during the busy holiday travel period. Service is still trying to recover from days of disruption that led to more than …
POSTED DECEMBER 29, 2025 5:24 PM |
Storms Wreak Havoc on South Africa’s Electricity Supply
Storms and high winds are wreaking havoc on South Africa’s electricity supply, with disruptions reported nationwide. “While major disruptions in the Eastern Cape have largely been addressed, the KwaZulu-Natal, Limpopo and Free State provinces remain severely affected,” state power utility …
POSTED DECEMBER 29, 2025 5:16 PM |
Uber, Lyft Team Up With Baidu to Start Robotaxi Trials in UK
Uber Technologies Inc. and Lyft Inc. are each teaming up with Baidu Inc. to trial driverless taxis in the UK, as ride-sharing companies race to deploy autonomous services around the world. Uber said Monday a pilot program using Baidu’s Apollo …
POSTED DECEMBER 29, 2025 4:44 PM |
JPMorgan Steered Black Advisers to Poorer Areas, Suit Alleges
JPMorgan Chase & Co. was sued by two former financial advisers who claim the bank discriminated against them as Black women by assigning them to less-affluent Brooklyn, New York, neighborhoods and allowing male colleagues to poach their clients. Laura Agard …
POSTED DECEMBER 29, 2025 4:29 PM |
A Year On, Jeju Air Crash Report Delayed as Families Question Probe’s Credibility
A South Korean investigation into the Jeju Air crash that killed 179 people is set to miss a one-year deadline to release a progress report, two officials said, as frustrated relatives of the victims continue to demand answers about what …
POSTED DECEMBER 29, 2025 4:08 PM |
Scrapyard Worker Burned in UPS Plane Crash Dies, Raising Death Toll to 15
A Cuban immigrant who had built a new life working at a Kentucky scrapyard died on Christmas Day from severe burns suffered in last month’s UPS cargo plane crash, raising the death toll to 15, officials said. Alain Rodriguez Colina …
POSTED DECEMBER 29, 2025 3:09 PM |
Aflac Says 22.6M People Affected by Cyber Incident Earlier This Year
Aflac said its investigation has revealed a cybersecurity incident discovered six months ago affected more than 22.6 million individuals. The Columbus, Georgia-based health and life insurer said in a statement earlier this month that it has started to notify impacted …
POSTED DECEMBER 29, 2025 2:50 PM |
China Issues Draft Rules to Govern Use of Human-Like AI Systems
China plans to tighten rules around the use of human-like artificial intelligence by requiring providers to ensure their services are ethical, secure and transparent. Users must be informed they are dealing with AI when they log in to a service …
POSTED DECEMBER 29, 2025 2:47 PM |
Waymo’s San Francisco Outage Raises Doubts Over Robotaxi Readiness During Crises
A widespread power outage in San Francisco that led to Waymo robotaxis stalling and snarling traffic earlier this month has raised concerns about the readiness of autonomous vehicle operators to tackle major emergencies like earthquakes and floods. Driverless taxis from …
POSTED DECEMBER 29, 2025 2:38 PM |
Wild Hogs Wreak Economic Havoc on Mississippi Agriculture
John Parker Campbell describes the wild pigs on his family farm as “a constant headache.” Hogs will eat up corn and peanuts that have just been planted, damaging acres of crops in a night. Some years the hog damage is …
POSTED DECEMBER 29, 2025 2:10 PM |
Top International Insurance Journal Stories of 2025
The top 10 most popular international stories during 2025 covered a diverse range of topics, including the job difficulties experienced by John Neal, the ex-CEO of Lloyd’s; catastrophe losses from Hurricane Melissa; the rising cost of climate change, and the …
POSTED DECEMBER 29, 2025 1:27 PM |
Fire Damages Portland, Maine’s Historic Waterfront
A fire tore through the historic Old Port waterfront in Portland, Maine, the day after Christmas, damaging aging buildings and several boats. Flames and smoke spread easily through structures along the Custom House Wharf, a 19th- and 20th-century hub for …
POSTED DECEMBER 29, 2025 1:04 PM |
Tata Steel Says Dutch NGO Seeks $1.6 Billion for Alleged Health Damage
A Dutch nonprofit is seeking €1.4 billion ($1.6 billion) in compensation from Tata Steel’s Netherlands units, alleging that harmful emissions from its operations have caused environmental harm and health damage to nearby residents. Stichting Frisse Wind.nu has submitted the legal …
POSTED DECEMBER 29, 2025 9:58 AM |
NHTSA Probes Tesla Model 3 Emergency Door Release
The U.S. auto safety regulator said it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be easily accessible or clearly identifiable in an emergency. The National Highway Traffic …
POSTED DECEMBER 29, 2025 7:08 AM |
US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed
Earlier this month, AM Best provided its initial tally of year-to-date financial results for U.S. property/casualty insurers, reporting a $34.9 billion net underwriting gain through the first nine months of 2025. According to Best’s Special Report, titled, “First Look: Nine-Month …
POSTED DECEMBER 29, 2025 6:26 AM |
Top Midwest Region Insurance Journal Stories of 2025
Acrisure’s announcement to lay off several hundred employees amidst rising AI integration topped the charts of Insurance Journal’s Midwest region in 2025. Midwest readers also paid close attention to State Farm’s decision to implement rate increases in Illinois, and the …
POSTED DECEMBER 29, 2025 6:15 AM |
Top Southeast Region Insurance Journal Stories of 2025
Property insurers have complained for years about roofers deliberately damaging roofs in order to file claims. But few have done what North Carolina Farm Bureau Mutual Insurance and the state’s Department of Insurance did: Set up a sting operation to …
POSTED DECEMBER 29, 2025 6:14 AM |
Top National Insurance Journal Stories of 2025
Mergers and acquisitions were among big stories last year and they continued to catch the attention of readers in 2025. The three largest insurance brokers — March, Aon and Arthur J. Gallagher — announced or closed multi-billion-dollar acquisitions in 2024. …
POSTED DECEMBER 29, 2025 6:02 AM |
FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip
Two south Florida injury attorneys, one a former insurance defense counsel, were still missing Monday after their fishing boat was found southwest of Naples with the engine still running. The FBI has joined the investigation into what may have happened …
POSTED DECEMBER 29, 2025 6:01 AM |
Judge Green Lights New York’s Driver’s License Law, Rejecting Trump Challenge
A federal judge gave a green light Tuesday to New York’s so-called Green Light Law, rejecting the Trump administration’s bid to stop the state from giving people driver’s licenses without having them prove they are in the country legally. U.S. …
POSTED DECEMBER 29, 2025 6:00 AM |
People Moves: Aspire Promotes Storms to COO, Burton to EVP and CUO
Aspire promoted Myles Storms to chief operating officer, where he oversees corporate operations, brand, customer experience, project management, UAT and mailroom operations. Since joining Aspire, he has served as senior vice president and vice president of operations, director of corporate …
POSTED DECEMBER 29, 2025 6:00 AM |
Top West Region Insurance Journal Stories of 2025
California’s wildfire and homeowners insurance crisis were the most read stories in Insurance Journal’s Western region this year. It was a year that saw several major insurers draw back from writing homeowners policies in the state, prompting the state’s insurance …
POSTED DECEMBER 29, 2025 6:00 AM |
California Ditches Fight With Feds For High-Speed Rail Funds
California has withdrawn a lawsuit against the Trump administration that sought to recover roughly $4 billion in federal funds pulled from the state’s long-delayed high-speed rail project, after concluding it can no longer rely on the federal government to help …
POSTED DECEMBER 29, 2025 6:00 AM |
Top East Insurance Journal Stories of 2025
There was a lot of news for Insurance Journal East readers in 2025, of course. While readership was strong across topics, readers showed special interest in number of topics and articles including reports on tragic events, recovery efforts, insurance affordability, …
POSTED DECEMBER 29, 2025 6:00 AM |