News Archives - Insurance Journal

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23 01, 2026

Sweeping US Winter Storm Threatens Blackouts and Snarled Travel

By | January 23rd, 2026|Uncategorized|Comments Off on Sweeping US Winter Storm Threatens Blackouts and Snarled Travel

A vast swath of the US — sweeping east from the Southern Rockies to the Mid-Atlantic and New England — is on alert for winter-storm conditions that could last days, disrupting travel and threatening blackouts. By Friday evening, a mix …

23 01, 2026

New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds

By | January 23rd, 2026|Uncategorized|Comments Off on New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds

An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, sprain and lifting injuries by as much as 62% over months of study, signaling a way to reduce some of the most common workers’ compensation claims. The HeroWear company, …

23 01, 2026

Estee Lauder Sued by Beauty Tech Startup for Alleged Theft

By | January 23rd, 2026|Uncategorized|Comments Off on Estee Lauder Sued by Beauty Tech Startup for Alleged Theft

Estee Lauder was sued by a self-described “disruptive” startup that accused the cosmetics giant of effectively putting it out of business by stealing technology to boost sales from jet-setting travelers in hotels. In a complaint filed on Friday night in …

23 01, 2026

New Jersey Announces $16 Million More in Medical Debt Relief

By | January 23rd, 2026|Uncategorized|Comments Off on New Jersey Announces $16 Million More in Medical Debt Relief

In the state’s seventh round of medical debt relief, outgoing Governor Phil Murphy announced that nearly 14,000 New Jersey residents will see almost $16 million in medical bills abolished. The relief is a result of the state’s ongoing partnership with …

21 01, 2026

Viewpoint: Inside the Machinery of Medical Abuse in Liability Claims

By | January 21st, 2026|Uncategorized|Comments Off on Viewpoint: Inside the Machinery of Medical Abuse in Liability Claims

Within the realms of general liability (GL) and workers’ compensation (WC) insurance lines, medical abuse is often considered in narrow terms — excessive treatment, unnecessary surgeries, inflated bills. While such behaviors are indeed problematic, a wider spectrum of medical abuse …

23 01, 2026

Relation Insurance Acquires PT Business Solutions in California

By | January 23rd, 2026|Uncategorized|Comments Off on Relation Insurance Acquires PT Business Solutions in California

Relation Insurance Services has acquired the assets of PT Business Solutions in South Pasadena, California. PT Business Solutions is a provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The agency has been serving clients since 2003. …

21 01, 2026

PE Firm TowerBrook Takes Stake in Insurance Claims Company MSA Mizar

By | January 21st, 2026|Uncategorized|Comments Off on PE Firm TowerBrook Takes Stake in Insurance Claims Company MSA Mizar

Investment firm TowerBrook is acquiring a majority stake in MSA Mizar, an insurance claims management services provider, marking its first deal in Italy since it opened an office in Milan last year. MSA Mizar’s existing investor Columna Capital and the …

21 01, 2026

CEO Revenue Confidence Hits 5-Year Low: PwC Survey

By | January 21st, 2026|Uncategorized|Comments Off on CEO Revenue Confidence Hits 5-Year Low: PwC Survey

Only three in 10 chief executives are confident in their companies’ revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC released on Monday. The annual survey …

23 01, 2026

Washington Bill Granting Restitution to Insurance Consumers Passes State Senate

By | January 23rd, 2026|Uncategorized|Comments Off on Washington Bill Granting Restitution to Insurance Consumers Passes State Senate

A bill to provide restitution to policyholders harmed by their insurer or agent passed the Washington Senate on Wednesday on a 29 to 20 vote. The bill, sponsored by Insurance Commissioner Patty Kuderer and sponsored by Senator Adrian Cortes (D–Battle …

23 01, 2026

Security First Latest Florida Insurer to Roll Back HO3 Rates

By | January 23rd, 2026|Uncategorized|Comments Off on Security First Latest Florida Insurer to Roll Back HO3 Rates

Hot on the heels of a significant rate cut in December, Florida’s Security First Insurance has announced another average decrease for one of its homeowners products. The use-and-file decrease will average about 5.2% for the carrier’s Signature+ HO3 policies, a …