House Explosion Near Dallas Kills 2
VAN ALSTYNE, Texas (AP) — Investigators suspect a propane leak caused an explosion that leveled a home and killed its two occupants in a community just north of Dallas early Monday morning. First responders received the call at 1:19 a.m. …
Spain Reports 62 Dead After One of Century’s Worst Storms
More than 60 people died as eastern Spain was hit by one of the worst storms in decades on Tuesday night. The storm is “one of the three strongest in the last century in the region of Valencia,” the Spanish …
Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300
A former volunteer fire chief in North Carolina has been charged with embezzling almost $155,300 from his department by falsifying time sheets. State Insurance Commissioner Mike Causey said in a statement that Brian Jason Edwards, 49, of Granite Falls, was …
UK’s Reeves Raises Employers’ National Insurance Contributions
Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major revenue raiser for a budget the government hopes will kick-start moves to turn around a flagging economy. Britain’s Labour government …
Allstate, Roberto Clemente Agency Settle Racial Bias, Fraud Dispute
The son of the late Major League Baseball Hall of Famer Roberto Clemente and Allstate Insurance Co. have settled their disputes over Allstate’s cancellation of the Clemente Family Agency’s contract and allegations of racial bias. The parties have been in …
FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise
A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote. The agency’s two Republican commissioners, who …
Survey Shows California’s Insurance Crisis Is Impacting Home Sales
Realtors in California are reporting more difficulty selling homes because of the insurance crisis, according to a survey from the California Association of Realtors. The group surveyed its members and found 13% reported a home sale falling out of escrow …
Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials
Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene and Milton spurred thousands of insurance claims. The Tennessee Department of Commerce and Insurance reminded insurance carriers that they must …
Helene-Caused IV Fluid Shortage to Affect Surgeries for Weeks
Surgery schedules around the country may be washed out for several more weeks while a crucial IV and sterile fluids factory remains shut down for hurricane-related damage. People often plan non-emergency surgeries in the fall and early-winter months when their …
King Risk Partners Acquires Connecticut’s Suzio Insurance
Florida-based insurance broker King Risk Partners reports it has acquired Suzio Insurance Center, Inc., an independent insurance agency based in Meriden, Connecticut. Suzio Insurance Center was started in 1974 by the late Franklin Suzio and is currently headed by James …
Massachusetts Reports 18 Brush Fires; Smoke Blankets Eastern Communities
Residents in parts of eastern Massachusetts woke to the acrid smell of smoke Monday as firefighters worked to extinguish several brush fires. The National Weather Service said on the social platform X that smoke was trapped near the ground during …
New Jersey Workers’ Compensation Rates to Drop 6.9% for 2025
Correction: A earlier version of this story had the wrong percentage in the headline. Insurance Journal regrets the error. New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation …
Specialist Risk Group Acquires Bloodstock and Livestock Specialist Broker Stonehatch
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurance broker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …
Toxic Waste That Set Off Global Outcry Seized by Albania’s Prosecutors
Albanian prosecutors ordered that containers filled with suspected hazardous industrial waste be seized after the cargo was forced to return to Europe from Southeast Asia. The prosecutors’ order Sunday directed customs authorities and the police to confiscate 102 containers for …
YouTube Forced to Play a Game of Legal Whack-a-Mole With Russia
When YouTube blocked three Russian channels it said were controlled by sanctioned supporters of Vladimir Putin’s invasion of Ukraine, the US video company thought any disputes would be resolved in courts in California and England. It couldn’t have been more …
Update: Taiwan to Suspend Stock Trading Due to Super Typhoon Kong-Rey
Taiwan will suspend trading on its $2.5 trillion stock exchange Thursday as a powerful typhoon barrels toward the archipelago. Super Typhoon Kong-Rey has intensified as it skirts the Philippines and tracks toward Taiwan, where it’s expected to make landfall on …
Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations
Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an inquiry into a former employee’s accusations of religious discrimination at work, documents seen by Reuters showed. The investigation, in the …
People Moves: The Hartford Announces New Leadership Appointments In Global Specialty
The Hartford, headquartered in Hartford, Connecticut, has expanded Michael Garrison’s role to include the international division in addition to his current responsibilities as head of the company’s U.S. wholesale organization. Garrison joined Navigators in 2021 as the head of wholesale. …
Delta Sues CrowdStrike Over ‘Catastrophic’ Software Glitch
Delta Air Lines Inc. sued cybersecurity firm CrowdStrike Holdings Inc. over the chaos caused this summer by a “catastrophic” software update that disabled millions of computers worldwide and grounded much of the airline’s passenger fleet. The update crippled Delta’s operations …
New Gallagher Re-Bitsight Report Identifies Cyber Footprint as Claims Driver
A new report from Gallagher Re has found that cyber insurers could reduce loss ratios up to 16% by removing most-at-risk entities. Using independent analysis of cybersecurity performance data provided by Bitsight in combination with claims data, the study uses …
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