News Archives - Insurance Journal

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11 04, 2025

NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office

By | April 11th, 2025|Uncategorized|Comments Off on NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office

The National Association of Mutual Insurance Companies and the Independent Insurance Agents & Brokers of America are the latest from the industry to join a call in support of a measure to abolish the Federal Insurance Office. The trade groups …

7 04, 2025

Kentucky Boy’s Death Raises Questions About Why Schools Weren’t Canceled

By | April 7th, 2025|Uncategorized|Comments Off on Kentucky Boy’s Death Raises Questions About Why Schools Weren’t Canceled

FRANKFORT, Ky. (AP) — A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus was remembered by his classroom teacher as the “sweetest, kindest boy.” The death of Gabriel Andrews stunned residents in the Bluegrass …

7 04, 2025

Tennessee Safety Agency Says Plastics Workers Were Given Time to Evacuate

By | April 7th, 2025|Uncategorized|Comments Off on Tennessee Safety Agency Says Plastics Workers Were Given Time to Evacuate

NASHVILLE, Tenn. (AP) — Workers at an East Tennessee plastics company who died in flooding from last year’s Hurricane Helene had time to evacuate, albeit by “makeshift routes,” according to an investigation from the Tennessee Occupational Safety and Health Administration …

7 04, 2025

Suit Over NC eCourts Management System Can Continue, Judge Says

By | April 7th, 2025|Uncategorized|Comments Off on Suit Over NC eCourts Management System Can Continue, Judge Says

GREENSBORO, N.C. (AP) — A federal lawsuit alleging North Carolina’s new electronic courts records and case management system contributed to unlawful arrests or extended jail detainments can continue against the system’s developer and a county sheriff, a judge ruled this …

7 04, 2025

SecurityScorecard Names Willis as Official Cyber Broker as Part of Partnership

By | April 7th, 2025|Uncategorized|Comments Off on SecurityScorecard Names Willis as Official Cyber Broker as Part of Partnership

SecurityScorecard and Willis, a WTW business, announced a collaboration to enhance cyber risk quantification, improve insurance modeling, and strengthen enterprise security strategies for organizations worldwide. As part of this partnership, SecurityScorecard has named Willis as its official insurance broker. By …

7 04, 2025

Viatris to Pay Up to $335 Million to Resolve Opioid-Related Claims

By | April 7th, 2025|Uncategorized|Comments Off on Viatris to Pay Up to $335 Million to Resolve Opioid-Related Claims

Viatris said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve opioid-related claims against the drugmaker. Shares of the Pennsylvania-based company, formed by the merger of Mylan and Pfizer’s …

7 04, 2025

Cattle Raisers Insurance to Offer 10% Discount on Travelers Property Coverage

By | April 7th, 2025|Uncategorized|Comments Off on Cattle Raisers Insurance to Offer 10% Discount on Travelers Property Coverage

Cattle Raisers Insurance, in partnership with Higginbotham, announced a new offering that provides qualified Texas & Southwestern Cattle Raisers Association members with an exclusive 10% discount on Travelers property insurance coverage. The announcement builds on the recently launched partnership between …

7 04, 2025

Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

By | April 7th, 2025|Uncategorized|Comments Off on Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held company. Financial details of the MBO were …

7 04, 2025

Trump’s Tariff ‘Medicine’ Engulfs Markets, US Stocks in Spin After Talk of Pause

By | April 7th, 2025|Uncategorized|Comments Off on Trump’s Tariff ‘Medicine’ Engulfs Markets, US Stocks in Spin After Talk of Pause

resident Donald Trump’s sweeping tariff plans battered global markets again on Monday after he said foreign governments would have to pay “a lot of money” to get the levies removed, while U.S. stocks got a brief lift on hints of …

7 04, 2025

AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss

By | April 7th, 2025|Uncategorized|Comments Off on AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss

A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From April 2 to April 6, a rare weather system …