News Archives - Insurance Journal

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2 03, 2026

Bird Flu Devastates 7.4 Million Pennsylvania Chickens in a Month

By | March 2nd, 2026|Uncategorized|Comments Off on Bird Flu Devastates 7.4 Million Pennsylvania Chickens in a Month

Bird flu has wiped out 7.4 million chickens in Pennsylvania in the past month, a swift and devastating loss that veterinarians and industry members suspect may be linked to an unusually cold winter. Infections of flocks raised to produce eggs …

2 03, 2026

Novartis Settles Lawsuit by Lacks’ Estate Over ‘Stolen’ Cells

By | March 2nd, 2026|Uncategorized|Comments Off on Novartis Settles Lawsuit by Lacks’ Estate Over ‘Stolen’ Cells

Novartis has settled a lawsuit by the estate of Henrietta Lacks that alleged the pharmaceutical giant unjustly profited off her cells, which were taken from her tumor without her knowledge in 1951 and reproduced in labs to enable major medical …

2 03, 2026

Berkshire Hathaway’s Abel Vows Firm Will Thrive Beyond Buffett

By | March 2nd, 2026|Uncategorized|Comments Off on Berkshire Hathaway’s Abel Vows Firm Will Thrive Beyond Buffett

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel vowed to keep Warren Buffett’s guiding principles intact and sought to reassure investors that the company would outlast the legendary executive. Abel began his inaugural letter to shareholders, published on Saturday as …

2 03, 2026

Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group

By | March 2nd, 2026|Uncategorized|Comments Off on Baldwin Posts Fourth Quarter Loss; Carlisle Takes Over Underwriting Group

Tampa-based Baldwin Insurance Group, Inc. (BWIN) reported a loss of $25.9 million in its fourth quarter, the second quarter for significant red ink. On a per-share basis, the Tampa, Florida-based company said it had a loss of 37 cents. Earnings, …

2 03, 2026

Federal Judge Allows Suit Against California AG Over ExxonMobil Remarks

By | March 2nd, 2026|Uncategorized|Comments Off on Federal Judge Allows Suit Against California AG Over ExxonMobil Remarks

A federal judge in Texas has ruled that ExxonMobil can bring a defamation lawsuit against California’s attorney general over comments about the company’s plastic recycling efforts. U.S. District Judge Michael J. Truncale in the Eastern District of Texas said in …

2 03, 2026

Deep Freeze and Drought Fueled a Massive Florida Wildfire

By | March 2nd, 2026|Uncategorized|Comments Off on Deep Freeze and Drought Fueled a Massive Florida Wildfire

Firefighters in southwest Florida on Friday continued battling an expansive blaze on a federal nature preserve as an unusually intense winter drought grips the state. The National Fire has burned more than 25,700 acres — an area larger than Manhattan …

27 02, 2026

Ford Recalling 4.3 Million US Vehicles Over Software Issue

By | February 27th, 2026|Uncategorized|Comments Off on Ford Recalling 4.3 Million US Vehicles Over Software Issue

Ford Motor Thursday it is recalling 4.3 million pickup trucks and SUVs in the U.S. because a software error may cause trailer brakes not to function and exterior lights to fail. The U.S. automaker said the recall covers the 2021 …

27 02, 2026

Vanguard Settles Collusion Suit for $29.5 Million

By | February 27th, 2026|Uncategorized|Comments Off on Vanguard Settles Collusion Suit for $29.5 Million

Texas said Vanguard Group Inc. agreed to pay a total of $29.5 million to settle a lawsuit brought by a dozen states that accused the asset manager of colluding to manipulate the energy market and reduce coal output. As part …

27 02, 2026

Sweden Tells Energy Sector to Raise Security, but Faces no Specific Threat

By | February 27th, 2026|Uncategorized|Comments Off on Sweden Tells Energy Sector to Raise Security, but Faces no Specific Threat

Sweden has told its energy industry to raise security levels following a recent cyberattack on Polish infrastructure, although this was not in response to a specific threat, the Nordic country’s signal intelligence agency said on Thursday. Swedish TV4, citing unnamed …

27 02, 2026

Amazon Loses Bid to Throw Out 2 Mass Lawsuits From UK Retailers, Consumers

By | February 27th, 2026|Uncategorized|Comments Off on Amazon Loses Bid to Throw Out 2 Mass Lawsuits From UK Retailers, Consumers

Amazon on Thursday lost its latest bid to try to throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing its dominant position. Andreas Stephan, a competition law academic, brought …