News Archives - Insurance Journal

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4 05, 2026

United Jet Hits Truck and Light Pole on Turnpike in Landing at Newark Airport

By | May 4th, 2026|Uncategorized|Comments Off on United Jet Hits Truck and Light Pole on Turnpike in Landing at Newark Airport

A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …

4 05, 2026

Most Are Overcharged for Property Insurance, Vanderbilt Study Says

By | May 4th, 2026|Uncategorized|Comments Off on Most Are Overcharged for Property Insurance, Vanderbilt Study Says

A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …

4 05, 2026

Oliver Wyman to Acquire Restructuring Specialist CR3 Partners

By | May 4th, 2026|Uncategorized|Comments Off on Oliver Wyman to Acquire Restructuring Specialist CR3 Partners

Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …

4 05, 2026

New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial

By | May 4th, 2026|Uncategorized|Comments Off on New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial

A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …

4 05, 2026

UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial

By | May 4th, 2026|Uncategorized|Comments Off on UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial

Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday in the English leg of the companies’ global licensing dispute. ZTE has brought parallel lawsuits …

4 05, 2026

California Taking Action Against State Farm Over LA Wildfire Claims

By | May 4th, 2026|Uncategorized|Comments Off on California Taking Action Against State Farm Over LA Wildfire Claims

The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …

4 05, 2026

Study Suggests Federal Action to Realize Insurance Savings

By | May 4th, 2026|Uncategorized|Comments Off on Study Suggests Federal Action to Realize Insurance Savings

A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …

4 05, 2026

Westcap Launches Excess Liability Product

By | May 4th, 2026|Uncategorized|Comments Off on Westcap Launches Excess Liability Product

Westcap Insurance Services announced the launch of its new Excess Liability product, further enhancing its ability to deliver comprehensive risk solutions to clients in the construction and manufacturing sectors. The new offering is designed to complement existing coverages by providing …

4 05, 2026

Kansas Man Sentenced for Insurance Fraud

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Kansas Insurance Commissioner Vicki Schmidt announced a Wyandotte County man has been sentenced to 16 months in prison for insurance fraud. Christopher Dunn, aged 33, pleaded guilty on March 2, 2026, in Wyandotte County District Court to one felony count …

4 05, 2026

Massive Explosion at NYC Home Sends Police Officers Flying

By | May 4th, 2026|Uncategorized|Comments Off on Massive Explosion at NYC Home Sends Police Officers Flying

A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and …