News Archives - Insurance Journal

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9 06, 2025

Report Reveals Delay in Deploying Specialized Plane in Ohio Train Derailment

By | June 9th, 2025|Uncategorized|Comments Off on Report Reveals Delay in Deploying Specialized Plane in Ohio Train Derailment

A specialized plane equipped with advanced sensors that the government deploys to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their toxic contents after the disastrous 2023 East Palestine train derailment, a …

9 06, 2025

Insurance Companies Urged to Respond to TDI Data Call by July 11

By | June 9th, 2025|Uncategorized|Comments Off on Insurance Companies Urged to Respond to TDI Data Call by July 11

The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …

9 06, 2025

Waymo Halts LA Service After Cars Destroyed During Protests

By | June 9th, 2025|Uncategorized|Comments Off on Waymo Halts LA Service After Cars Destroyed During Protests

Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn’t believe the protests are related to the company specifically, according to …

10 06, 2025

Pennsylvania House Advances Bills on Child Sex Abuse Lawsuits

By | June 10th, 2025|Uncategorized|Comments Off on Pennsylvania House Advances Bills on Child Sex Abuse Lawsuits

Proposals that would let survivors of childhood sexual abuse file lawsuits in Pennsylvania beyond the state’s current statute of limitations passed the state House on Monday, the latest development in a yearslong lobbying campaign. One of the two bills is …

10 06, 2025

People Moves: Campbell Joins Alliant Insurance Services as Northwest Benefits Team VP

By | June 10th, 2025|Uncategorized|Comments Off on People Moves: Campbell Joins Alliant Insurance Services as Northwest Benefits Team VP

Alliant Insurance Services namedMary Campbellvice president within its employee benefits group. Based in the Pacific Northwest, Campbell has nearly three decades of experience designing and deploying alternative funding strategies for large, multi-state employers. Before joining Alliant, Campbell was a benefits …

10 06, 2025

Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close

By | June 10th, 2025|Uncategorized|Comments Off on Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close

The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. Lawmakers are promising $25 million in each of the …

10 06, 2025

Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando

By | June 10th, 2025|Uncategorized|Comments Off on Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando

The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and personal insurance services. Industry veterans …

10 06, 2025

Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals

By | June 10th, 2025|Uncategorized|Comments Off on Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals

Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm. Greensill is giving …

10 06, 2025

Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather

By | June 10th, 2025|Uncategorized|Comments Off on Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather

For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic …

10 06, 2025

USI Mid-Year Update: Ongoing Trends to Continue

By | June 10th, 2025|Uncategorized|Comments Off on USI Mid-Year Update: Ongoing Trends to Continue

Mid-year insurance industry assessments indicate that the ongoing trends of the last six months are likely to persist through the end of the year, even if the conditions in question are defined as unstable or unpredictable. The new USI report, …