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News Archives - Insurance Journal
Higginbotham Enters Indiana with Synergy Insurance Acquisition
Higginbotham has acquired Mishawaka, Indiana-based Synergy Insurance, giving the firm its first footprint in the state. Synergy Insurance Group is an independent insurance agency providing services to businesses and individuals across northern Indiana and southern Michigan. Higginbotham provides insurance, financial …
POSTED DECEMBER 10, 2025 7:05 PM |
Court Clerk in Murdaugh Trial Pleads Guilty to Showing Sealed Exhibits
The former court clerk in South Carolina who helped out with the murder trial of attorney Alex Murdaugh pleaded guilty Monday to criminal charges for showing sealed court exhibits to a photographer and lying about it in court. Former Colleton …
POSTED DECEMBER 10, 2025 5:59 PM |
Is a Mass. Auto Insurer Allowed to Refuse to Offer Coverage Due to Flood Warning?
Can an auto insurer in Massachusetts refuse to offer collision and comprehensive coverages during a flood warning despite a state law that makes it mandatory to offer such coverages? The industry and public are on the road to finding out. …
POSTED DECEMBER 10, 2025 5:10 PM |
People Moves: Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice; Liberty Promotes Groenen to Head of Portfolio Solutions, Europe
This edition of International People Moves details appointments at Howden and Liberty Speciality Markets. A summary of these new hires follows here. Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice Howden, the London-based insurance intermediary group, has …
POSTED DECEMBER 10, 2025 4:35 PM |
Trump Giving Farmers Hit by China Trade War $12B in Aid
President Donald Trump announced a $12 billion farm aid package Dec. 8 — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of …
POSTED DECEMBER 10, 2025 4:28 PM |
Settlement Approved for New Orleans Archdiocese to Pay Hundreds of Abuse Victims
he New Orleans Archdiocese will pay at least $230 million to hundreds of victims of clergy sexual abuse under a settlement approved Monday by a federal judge that follows years of negotiations. Richard Trahant, an attorney representing victims in the …
POSTED DECEMBER 10, 2025 3:54 PM |
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims
Liability risks for small businesses have shifted over the last decade, with fire and slip-and-falls becoming more expensive while water and freezing damage claims are now the most common type of claim. The Hartford analyzed more than one million small-business …
POSTED DECEMBER 10, 2025 3:42 PM |
Markets/Coverages: MGA Navium Launches Consortium for Pre-Launch Satellite Risks
Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s Pine Walk platform, announced the launch of the “Constellation Consortium,” which it described as “the largest satellite pre-launch consortium in the Lloyd’s market.” With the global satellite sector continuing …
POSTED DECEMBER 10, 2025 3:33 PM |
FEMA Adds Another $33M for Helene Recovery in North Carolina
The Federal Emergency Management Agency announced another $33 million in Hurricane Helene recovery projects in North Carolina, bringing the agency’s total spending on public assistance grants since the storm to more than $1 billion. The funding is on top of …
POSTED DECEMBER 10, 2025 3:32 PM |
Michigan Reports Finds 2019 Auto Reform Reduced Insurance $357
The Michigan Department of Insurance and Financial Services this month released a report on the impact of the state’s 2019 auto insurance reform and found cost was reduced an average of $357 per vehicle. “In 2019, Democrats and Republicans in …
POSTED DECEMBER 10, 2025 3:21 PM |
News Archives - Claims Journal
Provider of Contents Valuation for Claims Uses AI and Tech
A new provider of contents valuation and claims consulting services that uses technology and artificial intelligence combined with human expertise launched on Wednesday. ClaimsSquare provides contents valuations, including high-end, unique and complex inventories and claims support for insurance carriers, property …
POSTED DECEMBER 10, 2025 7:30 PM |
Asahi Sales Drop Worsens as Cyber Hack Disruption Lingers
Asahi Group Holdings Ltd.’s November beer and other alcohol sales in Japan fell more than the previous month, underscoring the challenges the company faces in recovering from a cyberattack that crippled production and distribution. Asahi said on Wednesday monthly alcohol …
POSTED DECEMBER 10, 2025 2:37 PM |
Verlan Files Subro Suit Against Georgia Chemical Plant After $20M Payout on Fire
About 5 a.m. on Sept. 29, 2024, an employee at the Bio-Lab chemical warehouse outside Atlanta heard a popping sound, a tell-tale sign that stored chemicals had come in contact with water and were reacting. Within 90 minutes, the huge …
POSTED DECEMBER 10, 2025 6:00 AM |
Ford to Use Renault Tech, Plants to Battle Cheap Chinese EVs in Europe
Renault will jointly develop small, cheaper electric vehicles for Ford for the European market and will also team up to produce commercial vans to cut costs and fend off rising competition from Chinese rivals, the companies said on Tuesday. “We …
POSTED DECEMBER 10, 2025 6:00 AM |
Simplifai Names Hamill and Lien to Board
Simplifai named Nils Thomas Lien and Noel Hamill to its board of directors. The company says the additions are intended to help guide Simplifai’s progression from an insurtech to an agentic artificial intelligence provider. Lien is an investor and board …
POSTED DECEMBER 10, 2025 6:00 AM |
Hendrix Classic Albums Under Spotlight in UK Rights Battle With Sony
Jimi Hendrix’s classic 1960s albums are the focus of a London lawsuit over performers’ rights asserted on behalf of his British bassist and drummer against Sony Music Entertainment, which warns that a win for the claimants could “throw the music …
POSTED DECEMBER 10, 2025 6:00 AM |
California Again Delays Wildfire Protection Rules for Homes
A California state agency won’t meet Gov. Gavin Newsom’s year-end deadline to finish long-delayed regulations to protect homes from wildfires, rules that experts say could have limited the destruction of the January Los Angeles firestorms. At a meeting of the …
POSTED DECEMBER 10, 2025 6:00 AM |
Trump Administration Waives $16.7M in Fines for American Airlines Over Wheelchair Issues
The U.S. Transportation Department said Tuesday it will waive $16.7 million in fines issued to American Airlines under then President Joe Biden in 2024 as part of a settlement over the air carrier’s treatment of disabled passengers, including failing to …
POSTED DECEMBER 10, 2025 6:00 AM |
Archdiocese of New York Pledges $300M to Mediate Clergy Sex Abuse Claims
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The …
POSTED DECEMBER 09, 2025 7:30 PM |
Historic Minnesota Resort Owner Charged with Arson and Insurance Fraud
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minnesota., was taken into custody last Wednesday in Southfield, …
POSTED DECEMBER 09, 2025 3:44 PM |
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