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News Archives - Insurance Journal
National Beef Says Worst Is Over for US Cattle Cycle
Meatpacker National Beef Inc. said it is seeing a bottom in the US cattle industry’s downturn as it reported its highest margin in two years. “We do believe we are through the worst part of the cycle,” National Beef’s Chief …
POSTED NOVEMBER 13, 2026 5:52 PM |
Henderson Named as Interim CEO of Louisiana Citizens
Louisiana Insurance Commissioner Tim Temple has named Ron Henderson to serve as the interim CEO of Louisiana Citizens. Henderson, who currently serves as the Louisiana Department of Insurance’s (LDI) Deputy Commissioner for Consumer Advocacy, will begin his new role at …
POSTED NOVEMBER 13, 2026 5:42 PM |
Trucking Company Settles Pregnancy Discrimination Lawsuit
Wabash National Corp., a nationwide producer of semi-trailers and other commercial trucking equipment and headquartered in Lafayette, Indiana, will pay $50,000 and provide other relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), …
POSTED NOVEMBER 13, 2026 5:24 PM |
Miami Contractor Charged with Underreporting Payroll to NorGuard by $1 Million
A Miami construction company owner has been charged with theft and workers’ compensation fraud after he allegedly underreported his firm’s payroll by almost $1 million, a deception that defrauded NorGuard Insurance of more than $100,000 in premiums. Israel Carballo, head …
POSTED NOVEMBER 13, 2026 5:22 PM |
Texas’ Next AG Vows ‘Tremendous Scrutiny’ of Tesla-SpaceX Deal
Texas Attorney General-elect Nathan Johnson vowed to take a close look at any potential merger between Elon Musk’s Space Exploration Technologies Corp. and Tesla Inc., warning of the perils of corporate concentration as the state’s two most valuable companies weigh …
POSTED NOVEMBER 13, 2026 4:57 PM |
GuideStone Embraces Insurance Agency Model for Churches and Ministries in NC
GuideStone Financial Services was founded in 1918 to provide retirement assistance to retiring Southern Baptist ministers and their families, partly with the help of a $1 million gift from John D. Rockefeller and his son. Today, after decades in financial …
POSTED NOVEMBER 13, 2026 3:58 PM |
Former Hiscox CEO Masojada Becomes Lord Mayor of London
Bronek Masojada had a reputation as a tough leader in the insurance world he worked in for three decades. He’s now planning to bring that same rigor to his role as Lord Mayor of the City of London in a …
POSTED NOVEMBER 13, 2026 3:45 PM |
Insurer Denied Second Injury Fund Reimbursement for Late Notice
An insurer that pays full workers’ compensation benefits for an insured’s injured employee who has more than one employer is entitled to be reimbursed for the share made on behalf of the other employer. However, the workers’ compensation insurer must …
POSTED NOVEMBER 13, 2026 3:42 PM |
German Watchdog Warns Some Cooling Systems Remain Vulnerable to Hacking
Germany’s information security office BSI warned on Friday of ongoing vulnerabilities in some of Danish firm Danfoss’ industrial cooling appliances, following cyberattacks on refrigeration systems across Europe. The systems in question should be taken offline when possible or otherwise any …
POSTED NOVEMBER 13, 2026 3:25 PM |
With Dwindling Litigation, GEICO Says it Doesn’t Need 114 Legal Staffers in Florida
With less claims litigation following Florida’s 2022 insurance reform legislation, GEICO says it doesn’t need so many legal staffers, and plans to layoff 114 remote employees who report to its Lakeland, Florida, office. “The Company expects that employment separations will …
POSTED NOVEMBER 13, 2026 3:04 PM |
News Archives - Claims Journal
Microsoft Says Making Progress Fixing One of Its Longest Outages
Microsoft Corp. said it was making progress in efforts to restore access to its flagship software and end an outage that has paralyzed government offices, traders and businesses globally.
POSTED NOVEMBER 13, 2026 4:57 PM |
NHTSA Urges Owners of 720,000 BMWs to Park Outside Over Fire Risks
The National Highway Traffic Safety Administration urged the owners of more than 720,000 BMW vehicles to park outside due to fire risks until repairs can be completed. BMW said Friday it is recalling 720,796 vehicles due to a risk of …
POSTED NOVEMBER 13, 2026 2:34 PM |
OpenAI, Google, Anthropic Hit With Lawsuit Seeking Halt to Frontier AI Development
A group of nonprofits sued OpenAI, Anthropic, SpaceX’s AI division, Meta Platforms and Alphabet’s Google on Thursday, seeking to block the further development of the most advanced AI models over concerns, voiced by the companies’ own leaders, that the technology …
POSTED NOVEMBER 13, 2026 6:00 AM |
Publication of Air Crash Probes Falls Short, Safety Advocates Say
National agencies around the world have not published enough air accident reports to generate recommendations that could improve safety for the flying public, advocates said on the sidelines of an industry conference on Thursday. Final reports are published for only …
POSTED NOVEMBER 13, 2026 6:00 AM |
White Workers Claiming Discrimination Complicates Shell’s DEI Drive
In October, Shell Plc held a “DE&I in Action and World Mental Health” day, focused on inclusion and mental wellbeing. Staff in the U.S. and elsewhere were encouraged to reflect on their experiences at work, to “practice care, courage and …
POSTED NOVEMBER 13, 2026 6:00 AM |
At Least 8 Killed, 17 Injured in NYC Multiple-Dwelling Building Collapse
At least eight people have died and more than 17 including seven children and one firefighter have been injured in a building collapse in Brooklyn. The New York Fire Department (FDNY) responded within one minute to a 4:01 p.m. call …
POSTED NOVEMBER 13, 2026 6:00 AM |
Viewpoint: Property Savings Accounts and What’s in It for Insurance Carriers
For years, portions of the construction and restoration industries have encouraged a troubling expectation among homeowners: when a roof ages or major repairs become necessary, wait for the next storm or disaster and let insurance pay for it. Insurance is …
POSTED NOVEMBER 13, 2026 6:00 AM |
Freezer Hacks ‘a Wake-Up Call for Society’ Pentagon CIO Says
Kirsten Davies, the Pentagon’s chief information officer, said the potential significance for the U.S. of the recent supermarket freezer hacks in Europe dawned on her abruptly when she first read about them. “Holy cow! What else uses refrigeration?” she recalled …
POSTED NOVEMBER 13, 2026 6:00 AM |
Risky Future Summit to Explore Emerging Threats, Technology and Risk Management Strategies for Insurance Industry
Free Virtual Event on November 17 Will Feature Expert Panels on Cyber Risk, Commercial Auto, Terrorism and Natural Catastrophes November 10, 2026 — From AI-powered cyberattacks and escalating commercial auto verdicts to geopolitical instability and increasingly costly natural catastrophes, the …
POSTED NOVEMBER 12, 2026 5:49 PM |
Zurich Says Europe Storms Drove Catastrophe Losses
Zurich Insurance Group AG said it saw elevated natural catastrophe losses in its property & casualty business in the third quarter, following storms in Germany, Italy and Switzerland. The natural catastrophe loss ratio in the unit rose to 3.2% in …
POSTED NOVEMBER 12, 2026 4:54 PM |
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