News Archives - Insurance Journal

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26 11, 2025

Tyson Foods’ Decision to Close Nebraska Beef Plant Could Hurt Ranchers Nationwide

By | November 26th, 2025|Uncategorized|Comments Off on 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 …

26 11, 2025

Illinois Roofing Company Sued for Race and Sex Harassment

By | November 26th, 2025|Uncategorized|Comments Off on 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 …

25 11, 2025

Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder

By | November 25th, 2025|Uncategorized|Comments Off on Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder

A federal jury awarded $80 million Wednesday to the estate of a Buffalo man whose conviction in a 1976 murder was overturned after he spent nearly a quarter century in prison. Darryl Boyd, one of the group of Black teenagers …

25 11, 2025

Geo Study Highlights Regional Cost Differences in California Workers’ Comp

By | November 25th, 2025|Uncategorized|Comments Off on Geo Study Highlights Regional Cost Differences in California Workers’ Comp

Where an injured worker lives in California and receives care can significantly affect claim frequency, complexity and overall costs, a new study shows. The newly released Workers’ Compensation Insurance Rating Bureau of California’s 2025 Geo Study shows clear regional differences …

25 11, 2025

New Homeowners Insurance Product in California Launched by bolt

By | November 25th, 2025|Uncategorized|Comments Off on New Homeowners Insurance Product in California Launched by bolt

Insurtech bolt launched a new homeowners insurance offering the firm is calling VTRO. VTRO is a California-based managing general agent created by bolt. VTRO combines comprehensive coverage with bolt’s smart water sensor technology. The firm said the policies are underwritten …

25 11, 2025

Barge Looted in the Bahamas Returns to Florida But Insurance Claims Mounting

By | November 25th, 2025|Uncategorized|Comments Off on Barge Looted in the Bahamas Returns to Florida But Insurance Claims Mounting

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

25 11, 2025

Insurance Customers Skeptical About AI Processes and Benefits

By | November 25th, 2025|Uncategorized|Comments Off on Insurance Customers Skeptical About AI Processes and Benefits

While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s …

25 11, 2025

Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law

By | November 25th, 2025|Uncategorized|Comments Off on Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law

Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300 victims and family members of …

25 11, 2025

How AI Could Reboot Britain’s Services-Heavy Economy

By | November 25th, 2025|Uncategorized|Comments Off on How AI Could Reboot Britain’s Services-Heavy Economy

When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, something that previously …

25 11, 2025

Thanksgiving No. 1 Day of the Year for Cooking Fires in US

By | November 25th, 2025|Uncategorized|Comments Off on Thanksgiving No. 1 Day of the Year for Cooking Fires in US

Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …