News Archives - Insurance Journal

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30 12, 2025

Board Calls for US Steel to Address Safety Issues as It Rebuilds Site of Fatal Explosion

By | December 30th, 2025|Uncategorized|Comments Off on Board Calls for US Steel to Address Safety Issues as It Rebuilds Site of Fatal Explosion

The Chemical Safety and Hazard Investigation Board (CSB) has issued interim safety recommendations in connection with the agency’s ongoing investigation into the August 11, 2025, fatal explosion at U.S. Steel’s Clairton Coke Works facility in Pennsylvania. Although the CSB’s investigation …

29 12, 2025

Uber, Lyft Team Up With Baidu to Start Robotaxi Trials in UK

By | December 29th, 2025|Uncategorized|Comments Off on 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 …

30 12, 2025

People Moves: Igarashi Joins Alliant’s Western Region Benefits Team

By | December 30th, 2025|Uncategorized|Comments Off on People Moves: Igarashi Joins Alliant’s Western Region Benefits Team

Jaycy Igarashi joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Irvine, Igarashi has more than a decade of experience, most recently serving as a partner in employee benefits at The Baldwin Group. He …

29 12, 2025

Storms Wreak Havoc on South Africa’s Electricity Supply

By | December 29th, 2025|Uncategorized|Comments Off on 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 …

29 12, 2025

Top Southeast Region Insurance Journal Stories of 2025

By | December 29th, 2025|Uncategorized|Comments Off on 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 …

29 12, 2025

CompSource Mutual Earns A Rating From AM Best

By | December 29th, 2025|Uncategorized|Comments Off on 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 …

30 12, 2025

California AG Puts out Price Gouging Alert Following Emergency Declaration

By | December 30th, 2025|Uncategorized|Comments Off on California AG Puts out Price Gouging Alert Following Emergency Declaration

California Attorney General Rob Bonta issued a consumer alert following the Gov. Gavin Newsom’s emergency declaration in response to powerful winter storms that struck over th weekend, with more rain and wind on tap. A series of atmospheric rivers brought …

30 12, 2025

SiriusPoint’s IMG to Acquire Emergency Travel Services Firm Assist America

By | December 30th, 2025|Uncategorized|Comments Off on SiriusPoint’s IMG to Acquire Emergency Travel Services Firm Assist America

Global specialty insurer and reinsurer SiriusPoint Ltd. announced that its subsidiary International Medical Group (IMG) will acquire Assist America, a New Jersey-based provider of global emergency travel assistance services that generates $20 million in annual assistance revenues. Founded in 1990, …

30 12, 2025

Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain

By | December 30th, 2025|Uncategorized|Comments Off on Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain

Tom Bodett, who for nearly four decades told travelers in radio and TV ads that at Motel 6 “we’ll leave the light on for you,” settled his lawsuit accusing the motel chain of using his name and voice without permission …

30 12, 2025

QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program

By | December 30th, 2025|Uncategorized|Comments Off on QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program

QBE Insurance Group announced it has closed a new catastrophe bond, which provides the re/insurer with $400 million of collateralized reinsurance cover for named storms and earthquakes in the US and earthquakes in Australia and New Zealand. This deal marks …