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News Archives - Insurance Journal

US States Take Aim at Data-Driven Pricing to Ease Consumer Pain
Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs. By taking on …

POSTED NOVEMBER 24, 2025 6:11 AM
As Infant Botulism Cases Climb to 31, Recalled ByHeart Formula Remains on Shelves
As cases of potentially deadly botulism in babies who drank ByHeart infant formula continue to grow, state officials say they are still finding the recalled product on some store shelves. Meanwhile the company reported late Wednesday that laboratory tests confirmed …

POSTED NOVEMBER 24, 2025 6:05 AM
‘Agent of the Year’ in Georgia Sentenced to 2+ Years After Misusing Premium Payments
A central Georgia insurance agency owner and former Alfa insurance agent of the year must serve more than two years in prison after he pleaded guilty to bank fraud and misusing more than $220,000 in premiums. Jeremy Lasseter, who owned …

POSTED NOVEMBER 24, 2025 6:02 AM
SEC to Drop Controversial SolarWinds Cyberattack Lawsuit
The US Securities and Exchange Commission will drop its landmark lawsuit against SolarWinds Corp. that accused the company of covering up internal problems ahead of a massive cyberattack. The SEC, the software company and its top information security official jointly …

POSTED NOVEMBER 24, 2025 6:01 AM
Trump Threatens to Withhold $75M From Pennsylvania Over Immigrant Truck Drivers
The Trump administration has threatened to withhold nearly $75 million in funding if Pennsylvania does not immediately revoke what the administration claims are illegally issued commercial driver’s licenses to immigrants. The move by U.S. Transportation Secretary Sean Duffy to target …

POSTED NOVEMBER 24, 2025 6:00 AM
Connecticut Insurance Commissioner Mais Retires; Hershman Eyed as Successor
Connecticut Governor Ned Lamont today announced that Insurance Commissioner Andrew N. Mais will be retiring from state service effective November 28, 2025 after six years of service in the role. Additionally, the governor announced that he is nominating Josh Hershman …

POSTED NOVEMBER 24, 2025 6:00 AM
New Hampshire Supreme Court takes up disputed verdict in landmark youth center abuse case
New Hampshire Supreme Court justices heard oral arguments Thursday about the disputed verdict in a landmark lawsuit over abuse at the state’s youth detention center, questioning whether their decision could bankrupt the state or essentially let it off the hook. …

POSTED NOVEMBER 24, 2025 6:00 AM
Joby Aviation Sues Air-Taxi Rival Archer in California Over Trade Secrets
Electric air-taxi company Joby Aviation has sued rival Archer Aviation in California state court for allegedly stealing its trade secrets, according to a complaint made public on Thursday. Joby said in the lawsuit, filed on Wednesday in state court in …

POSTED NOVEMBER 24, 2025 6:00 AM
Tesla Sued Over Fatal Crash in Washington in Growing Scrutiny of Doors
Tesla Inc. was sued over a fiery crash in Washington state that left one person dead and another seriously injured after rescuers allegedly struggled to open the vehicle’s doors, the latest in a growing body of litigation scrutinizing the company’s …

POSTED NOVEMBER 24, 2025 6:00 AM
People Moves: TMK Taps Beresford From CNA Hardy as Life Sciences U/W; Hampden Risk Partners Promotes D’Alessandro as Active U/W, Replacing Sharp
This edition of International People Moves details appointments at Tokio Marine Kiln and Hampden Risk Partners. A summary of these new hires follows here. Tokio Marine Kiln Taps Beresford From CNA Hardy as Life Sciences U/W Tokio Marine Kiln (TMK), …

POSTED NOVEMBER 21, 2025 5:47 PM
Strengthen Oklahoma Homes Program to Expand Statewide by 2026
The Oklahoma Insurance Department (OID) recently announced the reopening of previously designated zip codes for the pilot launch of the Strengthen Oklahoma Homes (SOH) Program, an initiative aimed at helping Oklahoma homeowners fortify their residences to resist storm, wind, and …

POSTED NOVEMBER 21, 2025 5:20 PM
Tokio Marine Holdings to Acquire Illinois-Based Commodity & Ingredient Hedging
Tokio Marine Holdings, Inc. announced that it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (“CIH”), a leading provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners (“Falfurrias”). The transaction is …

POSTED NOVEMBER 21, 2025 4:58 PM
Sea Level Rise Threatens Thousands of US Hazardous Sites, Study Finds
If heat-trapping pollution from burning coal, oil and gas continues unchecked, thousands of hazardous sites across the United States risk being flooded from sea level rise by the turn of the century, posing serious health risks to nearby communities, according …

POSTED NOVEMBER 21, 2025 4:35 PM
White House Plan Targets Florida, West for Coastal Oil Drilling
The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically expand the sale of oil and natural gas rights. In all, …

POSTED NOVEMBER 21, 2025 3:29 PM
UPS Plane That Crashed Had ‘Fatigue Cracks’ in Engine Mount, Preliminary Report Finds
The United Parcel Service Inc. freighter that crashed this month when the left engine detached just after takeoff showed fatigue cracks in several sections that secured the turbine, a preliminary report into the accident that killed 14 people revealed. National …

POSTED NOVEMBER 21, 2025 2:59 PM
People: Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO
Alliant Insurance Services, headquartered in Irvine, California, hired Tim Simokonis as senior vice president within its Employee Benefits Group in the Southeast. The Florida-based consultant will serve a national client base, focusing on self-funded health plans, data transparency, and fiduciary …

POSTED NOVEMBER 21, 2025 2:46 PM
Trump Inflames California Over Oil Drilling Plan for Pacific Coast
President Donald Trump’s administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline. The Interior Department …

POSTED NOVEMBER 21, 2025 2:17 PM
Vietnam Flood Deaths Climb as Heavy Rain Drenches Coffee Region
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas. Around 61,000 people have been evacuated and half …

POSTED NOVEMBER 21, 2025 12:02 PM
Silent Cyber Threats: How ‘Shadow AI’ Could Undermine Digital Health Defenses
Across Canada, doctors and nurses are quietly using public artificial-intelligence (AI) tools like ChatGPT, Claude, Copilot and Gemini to write clinical notes, translate discharge summaries or summarize patient data. But even though these services offer speed and convenience, they also …

POSTED NOVEMBER 21, 2025 11:23 AM
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive to lose a $17 million job before he’d even started. …

POSTED NOVEMBER 21, 2025 9:24 AM
Viewpoint: Sins of Policy Interpretation. A Call to Repentance
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …

POSTED NOVEMBER 21, 2025 7:02 AM
Ohio’s FirstEnergy Ordered to Pay More Than $250M for Bribery Scheme
Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …

POSTED NOVEMBER 21, 2025 7:00 AM
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …

POSTED NOVEMBER 21, 2025 6:37 AM
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …

POSTED NOVEMBER 21, 2025 6:19 AM
Europe to Launch Service to Measure Role of Climate Change in Extreme Weather
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence …

POSTED NOVEMBER 21, 2025 6:10 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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