News Archives - Insurance Journal

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24 03, 2026

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

By | March 24th, 2026|Uncategorized|Comments Off on Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by …

23 03, 2026

Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

By | March 23rd, 2026|Uncategorized|Comments Off on Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

The Justice Department sued Harvard University for allegedly violating Jewish students’ civil rights in the Trump administration’s latest attack on the university. In the suit filed Friday in Boston federal court, the government claims Harvard failed to protect Jewish students …

23 03, 2026

People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

By | March 23rd, 2026|Uncategorized|Comments Off on People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

MSIG USA announced the appointment of Matt Thompson as South-Central region distribution leader, responsible for leading MSIG USA’s growth strategy across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas. Thompson will report to Joseph Fitzpatrick, head of distribution for MSIG USA. Thompson …

23 03, 2026

Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

By | March 23rd, 2026|Uncategorized|Comments Off on Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

Not too long ago, Tamala Alejandro said her backyard was lush with a vegetable garden. On the ground, she had watermelons, cantaloupes and potatoes. She loved her herb garden, and her prized possession was her beloved peach tree. But then, …

23 03, 2026

Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation

By | March 23rd, 2026|Uncategorized|Comments Off on Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation

Planned Parenthood of Illinois (Planned Parenthood) violated federal law when they segregated employees by race, subjected white employees to harassment, and engaged in disparate treatment against white employees regarding terms, conditions, and privileges of employment, the U.S. Equal Employment Opportunity …

23 03, 2026

Trump Suit Against Capital One Dismissed But Can Be Refiled

By | March 23rd, 2026|Uncategorized|Comments Off on Trump Suit Against Capital One Dismissed But Can Be Refiled

The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its “deficient” …

23 03, 2026

P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research

By | March 23rd, 2026|Uncategorized|Comments Off on P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research

The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured Research. In the report titled “P&C Loss Reserves at Year-End 2025: …

23 03, 2026

Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance

By | March 23rd, 2026|Uncategorized|Comments Off on Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance

When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …

23 03, 2026

Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd

By | March 23rd, 2026|Uncategorized|Comments Off on Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd

Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers’ plans for production increases that could help ease record-high U.S. beef prices. The loss of grasslands in the second-biggest cattle-producing state removes a feed source for …

23 03, 2026

Relation Insurance Acquires Chinook Insurance Group in Washington

By | March 23rd, 2026|Uncategorized|Comments Off on Relation Insurance Acquires Chinook Insurance Group in Washington

Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture industry. The company also has additional …