News Center
News Archives - Insurance Journal
Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The latest states added to OpenRoad …
POSTED AUGUST 25, 2026 5:49 AM |
Nuclear Verdicts Go Boom, Increase 40.7% in 2025
So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least …
POSTED AUGUST 25, 2026 5:09 AM |
Kentucky High Court Recalculates Employer Attorney Fees, Recovery in Subrogation
A preschool’s insurance carrier is partly obligated to defend a child abuse negligence suit, despite alleged criminal acts. And an employer’s share of attorney fees must be deducted from the amount available from subrogation—not from the full settlement amount in …
POSTED AUGUST 25, 2026 5:02 AM |
Harvard to Pay $53 Million Settlement Over Body Parts Sold by Former Morgue Manager
Harvard Medical School says it agreed to pay $53 million to settle class action lawsuits by relatives of body donors whose remains were sold on the black market by its former morgue manager. Harvard Medical School Deans George Q. Daley …
POSTED AUGUST 25, 2026 5:00 AM |
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of the largest data breach settlement amounts and, with 31.7 million potential members, one of the largest classes in a data …
POSTED AUGUST 25, 2026 5:00 AM |
Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …
POSTED AUGUST 24, 2026 9:24 PM |
AM Best Upgrades Credit Ratings of Arkansas’ Kinsale
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Kinsale Insurance Company (Kinsale) based in Little Rock, Arkansas. The outlook of …
POSTED AUGUST 24, 2026 4:33 PM |
People Moves: TDI Names Kranes as Deputy Commissioner of Strategy and Performance
The Texas Department of Insurance (TDI) announced Michelle Kranes as deputy commissioner of the Strategy and Performance Division on August 17. Kranes will oversee the division that supports TDI’s strategic planning, performance and risk management, and process improvement through technology, …
POSTED AUGUST 24, 2026 4:29 PM |
Alfalfa Sprouts Linked to Food Poisoning in Minnesota and Wisconsin
Minnesota health officials are warning consumers not to eat certain brands of alfalfa sprouts that have been tied to an unusual outbreak involving different disease-causing bacteria. Officials say 23 people in Minnesota have become ill with either E. coli or …
POSTED AUGUST 24, 2026 4:24 PM |
Wisconsin Food Manufacturer Cited After Worker Fatalities
The U.S. Department of Labor has cited a Wisconsin-based food products manufacturer after two incidents involving industrial kettles releasing hot steam and liquid, causing three worker deaths and two serious injuries. Investigators with the department’s Occupational Safety and Health Administration …
POSTED AUGUST 24, 2026 4:17 PM |
News Archives - Claims Journal
Amazon’s New Order Confirmation Emails Seen Boosting Phishing Risk
When Dan Landau ordered a portable photo printer from Amazon.com Inc., he expected the confirmation email to tell him what was on its way. Instead, he was notified that his “luggage” was coming. In another instance, the 38-year-old head of …
POSTED AUGUST 25, 2026 5:00 AM |
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District …
POSTED AUGUST 25, 2026 5:00 AM |
Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …
POSTED AUGUST 25, 2026 5:00 AM |
Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence — a phenomenon associated with bouts of hot, dry …
POSTED AUGUST 25, 2026 5:00 AM |
JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals
JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. In cases against financial advisers, shareholders have …
POSTED AUGUST 25, 2026 5:00 AM |
Zillow, Redfin Settle FTC Case Over Rental Listings
The U.S. Federal Trade Commission reached a settlement resolving its antitrust case against Zillow Group Inc. and Rocket Companies Inc.’s Redfin, the agency said. Redfin will re-enter the market to independently sell online rental listings, an FTC lawyer told a …
POSTED AUGUST 25, 2026 5:00 AM |
Highest-Ever Ocean Temperature Measured as Super El Niño Forms
Scientists have recorded the highest temperature ever measured in the world’s oceans, as climate change combines with a powerful El Niño in the tropical Pacific. The global average sea-surface temperature hit a record 21.1C (70F) on Aug. 22, according to …
POSTED AUGUST 24, 2026 2:45 PM |
Register: Risky Future AI Tools for Insurance BPO & Consulting ‘Demo Day’ on August 26
Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. This event spotlights AI solutions that focus …
POSTED AUGUST 24, 2026 2:17 PM |
NHTSA Eyeing 1 Million GM Pickups, SUVs Over Engine Failure Concerns
The U.S. National Highway Traffic Safety Administration said on Friday it has opened a probe into 997,743 General Motors pickup trucks and SUVs over concerns related to engine failure. The vehicles include the Cadillac Escalade, Chevrolet Silverado 1500 and GMC …
POSTED AUGUST 24, 2026 1:35 PM |
Tesla Recalls 3 Million EVs in China Over Door Handle Safety
Tesla Inc. and at least eight other automakers are recalling millions of cars in China over safety concerns with their door handles, a major step to address flaws that have led to vehicle entrapment and multiple fatalities. More than 4 …
POSTED AUGUST 24, 2026 5:00 AM |
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