News Archives - Insurance Journal

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30 05, 2025

DeSantis Vetoes Repeal of ‘Free Kill’ Medical Malpractice Bill

By | May 30th, 2025|Uncategorized|Comments Off on DeSantis Vetoes Repeal of ‘Free Kill’ Medical Malpractice Bill

Florida Gov. Ron DeSantis has vetoed a bill that would have restored some family members’ right to file suit after a loved one dies from medical negligence. The Florida Legislature this year approved House Bill 6017 by wide margins. The …

30 05, 2025

SEC Dismisses Lawsuit Against Binance Crypto Exchange

By | May 30th, 2025|Uncategorized|Comments Off on SEC Dismisses Lawsuit Against Binance Crypto Exchange

The U.S. Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, extending the regulator’s new approach to cryptocurrencies since President Donald Trump reentered the White House. A joint stipulation of dismissal …

30 05, 2025

Lawsuit Says Zealous Honolulu PD Arresting Drivers for DUI Even When Sober

By | May 30th, 2025|Uncategorized|Comments Off on Lawsuit Says Zealous Honolulu PD Arresting Drivers for DUI Even When Sober

The Honolulu Police Department said it will review all impaired driving arrests after the American Civil Liberties Union of Hawaii filed a lawsuit alleging officers are arresting sober drivers in an overzealous focus on making drunk-driving arrests. In recent years …

30 05, 2025

Wildfires in Alberta Pose Growing Threat to Canada’s Oil

By | May 30th, 2025|Uncategorized|Comments Off on Wildfires in Alberta Pose Growing Threat to Canada’s Oil

Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, bringing flames …

23 05, 2025

The Biggest US Oil Field Is at Risk of Poisonous Water Leaks, Texas Warns

By | May 23rd, 2025|Uncategorized|Comments Off on The Biggest US Oil Field Is at Risk of Poisonous Water Leaks, Texas Warns

Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude output and harming the environment. Shale oil wells in the Permian …

23 05, 2025

Former Brewers Player Sues Reds Over Career-Ending Injury

By | May 23rd, 2025|Uncategorized|Comments Off on Former Brewers Player Sues Reds Over Career-Ending Injury

Former major league outfielder/first baseman Darin Ruf is suing the Cincinnati Reds for damages after he suffered a career-ending injury while crashing into an uncovered tarp roller at Great American Ballpark two years ago. The lawsuit filed Thursday in the …

23 05, 2025

BMS Group Acquires Turkish Broker Oria

By | May 23rd, 2025|Uncategorized|Comments Off on BMS Group Acquires Turkish Broker Oria

BMS Group, the London-based independent re/insurance broker, has acquired Istanbul, Turkey-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Financial details were not provided. Founded in 2019, Oria is an independent insurance and reinsurance broking firm that has built a strong reputation …

23 05, 2025

COVU Acquires Texas’ Uno Insurance Services

By | May 23rd, 2025|Uncategorized|Comments Off on COVU Acquires Texas’ Uno Insurance Services

COVU, Inc., an AI-native customer servicing platform for the insurance industry announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking communities and a track record of revenue growth through targeted acquisitions. This …

23 05, 2025

AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees

By | May 23rd, 2025|Uncategorized|Comments Off on AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees

Global insurer American International Group (AIG) has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in federal district court in …

23 05, 2025

BioLab Won’t Rebuild Chlorine Plant With History of Fires, Explosions, Toxic Clouds

By | May 23rd, 2025|Uncategorized|Comments Off on BioLab Won’t Rebuild Chlorine Plant With History of Fires, Explosions, Toxic Clouds

The company that operated a Georgia chlorine plant with a history of explosions, chemical fires and toxic clouds that have drifted over neighborhoods outside Atlanta has decided not to rebuild the main manufacturing facility in Conyers. In a statement, BioLab …