News Archives - Insurance Journal

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19 11, 2025

‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB

By | November 19th, 2025|Uncategorized|Comments Off on ‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines of business were either flat or lower …

19 11, 2025

HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit

By | November 19th, 2025|Uncategorized|Comments Off on HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit

Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewlett Packard is seeking …

19 11, 2025

Former Florida Broker and Texas Man Convicted in ACA Scheme That Netted $180M

By | November 19th, 2025|Uncategorized|Comments Off on Former Florida Broker and Texas Man Convicted in ACA Scheme That Netted $180M

A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory …

19 11, 2025

Former Florida Broker and Texas Man Convicted in ACA Scheme That Netted $180M

By | November 19th, 2025|Uncategorized|Comments Off on Former Florida Broker and Texas Man Convicted in ACA Scheme That Netted $180M

A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory …

19 11, 2025

AM Best Downgrades State Farm Mutual Auto

By | November 19th, 2025|Uncategorized|Comments Off on AM Best Downgrades State Farm Mutual Auto

AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates included in the rating action …

19 11, 2025

Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG

By | November 19th, 2025|Uncategorized|Comments Off on Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG

Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.” Lloyd’s Chairman Charles Roxburgh …

20 11, 2025

Tesla Gets Permit to Run as Transportation Network Company in Arizona

By | November 20th, 2025|Uncategorized|Comments Off on Tesla Gets Permit to Run as Transportation Network Company in Arizona

Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like …

20 11, 2025

CIG Says It Will Write More Policies in Fire-Impacted Paradise

By | November 20th, 2025|Uncategorized|Comments Off on CIG Says It Will Write More Policies in Fire-Impacted Paradise

Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …

20 11, 2025

CIG Says It Will Write More Policies in Fire-Impacted Paradise

By | November 20th, 2025|Uncategorized|Comments Off on CIG Says It Will Write More Policies in Fire-Impacted Paradise

Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …

20 11, 2025

Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims

By | November 20th, 2025|Uncategorized|Comments Off on Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims

Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property owners that the …