In a 5-2 opinion, the Maine Supreme Court has declared unconstitutional a 2021 state law that eliminated the statute of limitations for claims of sexual abuse of minors. The ruling is a victory for the Roman Catholic Church of Portland …

A 3.8-magnitude earthquake centered near the southern Maine coast rattled houses in northern New England on Monday and was felt by surprised residents of states hundreds of miles away. The earthquake took place at about 10:22 a.m. on Monday and …

While President Donald Trump took aim at the electric vehicle industry last week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination for electric vehicle …

Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to Trucordia,” said Trucordia CEO Felix Morgan. “They share …

On the South Texas coast, the city of Corpus Christi has initiated an emergency effort to boost its water supply as local reservoirs experience a yearslong decline and water demand from big industrial projects continues to grow. The Corpus Christi …

Two truck stops in Iowa and Missouri – Iowa 80, advertised as “the world’s largest truck stop,” and Joplin 44 – agreed to pay a combined $390,784 to resolve alleged violations of the federal Clean Water Act. According to the …

Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations in the state since the deadly collapse …

President Donald Trump is asserting more federal government control over water management decisions in California and ordering U.S. officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities. The actions — enshrined in an …

It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be …

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company. …

DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention and Response (DUAL CPR) – which …

The American Property Casualty Insurance Association (APCIA) recently released a report that concludes over-regulation impedes insurance markets “Insurance markets function best when allowed to operate competitively, free from excessive price regulation,” said Robert Gordon, APCIA’s senior vice president, policy, research …

American International Group (AIG) said it is organizing into three segments and Jon Hancock will lead two of them. Hancock will continue to lead AIG’s international commercial business and will also take on leadership of the newly formed global personal …

The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the cause of the incident was not immediately clear. The crew were …

Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The company, which writes more than twice as much reinsurance premium as insurance premium, …

Storm Herminia triggered the worst flooding in four decades in parts of northwest France and created dangerous avalanche conditions in the Alps. In Brittany, hundreds of people were evacuated from their homes in the department of Ile-et-Vilaine, including the city …

Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of …

Ardonagh Netherlands, part of The Ardonagh Group, has reached an agreement to acquire a majority stake in Private Insurance Assuradeuren B.V. (PIA) and Private Insurance Nederland B.V. (PIN), two prominent players in the Dutch insurance market for high-net-worth individuals. Financial …

The world’s oceans are warming four times faster than they were in the late 1980s, according to a new study. The alarming acceleration helps explain why 2023 and 2024 saw unprecedented ocean temperatures — and more extreme storms. The findings …

Westchester, Chubb’s Excess and Surplus Lines Division, headquartered in Alpharetta, Georgia, named three leaders for its recently formed new business practices – property, casualty, and financial lines – serving the organization’s digital and middle market, brokerage and programs businesses. Matt …