News Archives - Insurance Journal

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19 02, 2026

District of Columbia Seeks Federal Help for Potomac River Sewage Spill

By | February 19th, 2026|Uncategorized|Comments Off on District of Columbia Seeks Federal Help for Potomac River Sewage Spill

District of Columbia Mayor Muriel Bowser has requested federal support as the region continues to deal with a January 19 pipe break that sent sewage flowing into the Potomac River northwest of Washington. Bowser has asked for a Presidential Emergency …

19 02, 2026

AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers

By | February 19th, 2026|Uncategorized|Comments Off on AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers

The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting …

18 02, 2026

Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations

By | February 18th, 2026|Uncategorized|Comments Off on Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations

Two asphalt companies have agreed to pay $30 million total to resolve False Claims Act allegations that they submitted fraudulent test results to the Ohio Department of Transportation (ODOT) for federally funded asphalt projects in Ohio. Specifically, Kokosing Materials, Inc. …

19 02, 2026

Pritzker to Halt Data Center Tax Perks as Power Bills Soar

By | February 19th, 2026|Uncategorized|Comments Off on Pritzker to Halt Data Center Tax Perks as Power Bills Soar

Illinois Governor JB Pritzker is seeking to temporarily halt incentives for data centers in a bid to contain soaring power bills. Pritzker, a Democrat seeking his third term as governor, wants to implement a two-year moratorium on new state-issued tax …

19 02, 2026

Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley

By | February 19th, 2026|Uncategorized|Comments Off on Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley

Zurich Insurance Group AG’s profit rose to a record in 2025, giving Chief Executive Officer Mario Greco a tailwind as he pursues the acquisition of Beazley Plc. Group operating profit rose to $8.9 billion in the year, the company said, …

19 02, 2026

Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers

By | February 19th, 2026|Uncategorized|Comments Off on Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers

The insurance industry has a long history of managing complex long-tail liabilities. In some cases, these liabilities grow so burdensome that they require specialized runoff solutions and as market conditions have evolved, so too have the shape of these runoff …

12 02, 2026

People Moves: Smart AutoCare Names Murphy President

By | February 12th, 2026|Uncategorized|Comments Off on People Moves: Smart AutoCare Names Murphy President

Smart AutoCare, headquartered in Richardson, Texas, appointed Christopher Murphy as president. Murphy has over 20 years of executive leadership experience and a strong record of operational excellence across the automotive and technology sectors. He joins Smart AutoCare from OptionSoft Technologies, …

13 02, 2026

Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims

By | February 13th, 2026|Uncategorized|Comments Off on Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims

The maker of a gun accessory tied to a racist shooting that killed 10 Black people at a supermarket in Buffalo will pay $1.75 million to survivors and victims’ families and stop selling the device in New York, state Attorney …

13 02, 2026

California Attorney General Investigating Eaton Fire Emergency Response

By | February 13th, 2026|Uncategorized|Comments Off on California Attorney General Investigating Eaton Fire Emergency Response

The California Department of Justice launched an investigation into to the emergency response to the Eaton Fire, one of two large and devastating blazes that hit Los Angeles in January 2025. The investigation will seek to determine whether there was …

13 02, 2026

Former Pitt Women’s Basketball Players’ Lawsuit Alleges Abusive Coaching

By | February 13th, 2026|Uncategorized|Comments Off on Former Pitt Women’s Basketball Players’ Lawsuit Alleges Abusive Coaching

Six former players on the women’s basketball team at the University of Pittsburgh have sued coach Tory Verdi and the school over what they call abusive coaching methods and say their efforts to seek help were ignored. “These players aren’t …