News Archives - Insurance Journal

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4 02, 2026

Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals

By | February 4th, 2026|Uncategorized|Comments Off on Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals

Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into a new wholly-owned subsidiary of Liberty Mutual Holding Company (LMHC). The Massachusetts Division of Insurance has approved the reorganizations of …

4 02, 2026

Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction

By | February 4th, 2026|Uncategorized|Comments Off on Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction

A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …

4 02, 2026

Markets/Coverages: Great American Enters Travel Insurance Market With Faye

By | February 4th, 2026|Uncategorized|Comments Off on Markets/Coverages: Great American Enters Travel Insurance Market With Faye

Great American Insurance Group has selected AI travel insurance platform Faye to enter the travel insurance marketplace. This marks Great American’s first expansion into travel insurance. The companies said that with limited modernization and customer frustration surrounding claims experiences, the …

4 02, 2026

Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud

By | February 4th, 2026|Uncategorized|Comments Off on Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud

A former standout tight end for the Ole Miss Rebels, who briefly played in the NFL, faces more than 20 years in prison after he was convicted of defrauding Medicare and a veterans insurance program of $194 million. Joel Rufus …

4 02, 2026

New Hampshire Insurance Department Says It Delivered ‘Real Value’ in 2025

By | February 4th, 2026|Uncategorized|Comments Off on New Hampshire Insurance Department Says It Delivered ‘Real Value’ in 2025

The New Hampshire Insurance Department (NHID) reported that for calendar year 2025 it collected $185.62 million for the state’s General Fund and recovered $3.34 million for consumers. Insurance Commissioner DJ Bettencourt said the numbers show the department is “delivering real …

4 02, 2026

Texas Grid Shows How Batteries Can Help Avoid Winter Blackouts

By | February 4th, 2026|Uncategorized|Comments Off on Texas Grid Shows How Batteries Can Help Avoid Winter Blackouts

Last month’s sprawling winter storm from Texas to New England was one of the first multi-grid tests in the US for big batteries. They passed. Texas in particular benefited from energy storage, which helped cushion the state’s grid during the …

4 02, 2026

Texas Cattle Ranchers Fear the Return of a Flesh-Eating Pest

By | February 4th, 2026|Uncategorized|Comments Off on Texas Cattle Ranchers Fear the Return of a Flesh-Eating Pest

Chris Womack is one of a dwindling number of Texas ranchers who can remember fighting the New World screwworm, a once-vanquished pest threatening to make an unwanted encore in the US after its recent return to northern Mexico. “You never …

4 02, 2026

Hotel Management Company sued for Discrimination at Illinois Property

By | February 4th, 2026|Uncategorized|Comments Off on Hotel Management Company sued for Discrimination at Illinois Property

Hotel Equities Group, a hotel management company, violated federal law when it failed to provide pregnancy accommodations to one employee and religious accommodations to another at an Illinois property, he U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …

4 02, 2026

Ohio Couple Sentenced for Arson in $2M Insurance Fraud Scheme

By | February 4th, 2026|Uncategorized|Comments Off on Ohio Couple Sentenced for Arson in $2M Insurance Fraud Scheme

An Ohio couple have been sentenced for devising a scheme to collect more than $2 million dollars in insurance money by conspiring to set insured houses on fire, the U.S. Attorney’s Office, Northern District of Ohio announced this week. Lonnie …

4 02, 2026

Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services

By | February 4th, 2026|Uncategorized|Comments Off on Business Moves: Arthur J. Gallagher Acquires Germany’s Reck & Co.; Howden Buys Polygon Insurance Brokers Ltd.; Clear Purchases Gauntlet and Shire Insurance Services

Arthur J. Gallagher Acquires Germany’s Reck & Co. Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Bremen, Germany-based Reck & Co GmbH. Terms of the …