News Archives - Insurance Journal

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17 01, 2025

P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman

By | January 17th, 2025|Uncategorized|Comments Off on P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman

The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over the next 2 years. According to a report from …

17 01, 2025

General Motors Settles With FTC Over Sharing Driver Data

By | January 17th, 2025|Uncategorized|Comments Off on General Motors Settles With FTC Over Sharing Driver Data

The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by collecting their personal data and sharing it with third parties. As part of the settlement, GM will be banned for …

17 01, 2025

Texan Insurance Acquires J&M

By | January 17th, 2025|Uncategorized|Comments Off on Texan Insurance Acquires J&M

Texan Insurance, full-service insurance agency, announce its acquisition of Austin, Texas-based J&M Insurance, a trusted provider of personal and commercial insurance solutions for nearly two decades. Founded in 2005 by Todd Michalowski, J&M Insurance offers independent commercial, home and auto …

17 01, 2025

CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones

By | January 17th, 2025|Uncategorized|Comments Off on CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones

Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for floods than coastal residents, according to a new report from the Consumer Financial Protection Bureau. Using a sample of mortgage …

17 01, 2025

Deere & Co. Accused of Forcing Farmers to Use Authorized Dealers for Equipment Repair

By | January 17th, 2025|Uncategorized|Comments Off on Deere & Co. Accused of Forcing Farmers to Use Authorized Dealers for Equipment Repair

Deere & Co. unfairly forces farmers to visit authorized dealers to repair their equipment, resulting in higher prices than if they could fix it themselves or get help from independent shops, the Federal Trade Commission claims in a federal lawsuit …

17 01, 2025

Cleveland City Files Lawsuit to Prevent Browns’ Move to Suburban Dome

By | January 17th, 2025|Uncategorized|Comments Off on Cleveland City Files Lawsuit to Prevent Browns’ Move to Suburban Dome

Cleveland’s fight to keep the Browns from moving from downtown and into a proposed dome in the suburbs has taken yet another legal turn. The city has filed a lawsuit to stop the NFL team from leaving Cleveland’s lakefront when …

17 01, 2025

Wisconsin’s Rural Mutual and Badger Mutual Finalize Affiliation Agreement

By | January 17th, 2025|Uncategorized|Comments Off on Wisconsin’s Rural Mutual and Badger Mutual Finalize Affiliation Agreement

Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial, and personal policies, have finalized their affiliation agreement based on regulatory approval from the Wisconsin Office of the Commissioner of Insurance (OCI) …

17 01, 2025

Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

By | January 17th, 2025|Uncategorized|Comments Off on Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state in April of this year. The assessment, which …

20 12, 2024

American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight

By | December 20th, 2024|Uncategorized|Comments Off on American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight

American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …

20 12, 2024

Amazon Agrees to Worker Safety Measures to Settle OSHA Probe

By | December 20th, 2024|Uncategorized|Comments Off on Amazon Agrees to Worker Safety Measures to Settle OSHA Probe

Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday. Amazon settled a series …