Viewpoint: Tackling the Threat of Legal System Abuse
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Description: Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
Full content: Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
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Category: National News
Date: Wed, 27 May 2026 05:13:28 +0000
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Supreme Court Tosses Florida Suit Over Immigrant Driver’s Licenses
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Description: The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
Full content: The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
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Category: Southeast News
Date: Wed, 27 May 2026 05:02:27 +0000
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USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
Author: Andrew G. Simpson
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Description: New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
Full content: New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
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Category: East News
Date: Wed, 27 May 2026 05:00:26 +0000
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Crest Insurance Group Names Hart Vice President, Employee Benefits
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Description: Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …
Full content: Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …
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Category: West News
Date: Wed, 27 May 2026 05:00:10 +0000
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Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union
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Description: Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers. The newly formed App …
Full content: Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers. The newly formed App …
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Category: East News
Date: Wed, 27 May 2026 05:00:03 +0000
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JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
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Description: The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini last Tuesday night countersued …
Full content: The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini last Tuesday night countersued …
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Category: East News
Date: Tue, 26 May 2026 18:00:48 +0000
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Inszone Acquires Michigan’s Legacy Partners
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Description: Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded in 2013 by Joe Graham, Legacy Partners has spent the last decade growing exponentially throughout Southeast Michigan. Operating out of its Harrison Township headquarters, the agency built …
Full content: Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded in 2013 by Joe Graham, Legacy Partners has spent the last decade growing exponentially throughout Southeast Michigan. Operating out of its Harrison Township headquarters, the agency built …
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Category: Midwest News
Date: Tue, 26 May 2026 16:47:44 +0000
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Record-Setting Drought Devastates Wheat Crop in Kansas
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Description: Orville Williams has had a healthy wheat crop on his 2,600-acre farm in Montezuma, Kansas, every year since he was a teenager. It hasn’t always been easy. For instance, there were challenging economic times through the 1980s and various degrees …
Full content: Orville Williams has had a healthy wheat crop on his 2,600-acre farm in Montezuma, Kansas, every year since he was a teenager. It hasn’t always been easy. For instance, there were challenging economic times through the 1980s and various degrees …
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Category: Midwest News
Date: Tue, 26 May 2026 16:38:06 +0000
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Inszone Acquires Texas’ Taylor Insurance Agency
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Description: Inszone Insurance Services announced the acquisition of Kevin Taylor Insurance Agency, LLC. Operating as Taylor Insurance Agency, the firm brings a personal lines portfolio to the Inszone umbrella, further expanding its footprint in San Antonio, Texas. Originally founded in 2011 …
Full content: Inszone Insurance Services announced the acquisition of Kevin Taylor Insurance Agency, LLC. Operating as Taylor Insurance Agency, the firm brings a personal lines portfolio to the Inszone umbrella, further expanding its footprint in San Antonio, Texas. Originally founded in 2011 …
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Category: Texas / South Central News
Date: Tue, 26 May 2026 16:31:36 +0000
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Texas Sues Discord Over Alleged Child Predator Exposure
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Description: Texas Attorney General Ken Paxton is suing online messaging platform Discord, accusing the tech company of exposing children to predators using the service and deceiving users about the safety of the platform. Paxton filed the lawsuit Friday in a Collin …
Full content: Texas Attorney General Ken Paxton is suing online messaging platform Discord, accusing the tech company of exposing children to predators using the service and deceiving users about the safety of the platform. Paxton filed the lawsuit Friday in a Collin …
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Category: Texas / South Central News
Date: Tue, 26 May 2026 16:28:35 +0000
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Trump Postpones Signing AI Security Order Over Parts He Disliked
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Description: President Donald Trump said he called off the signing of an executive order that would address cybersecurity concerns raised by powerful new artificial intelligence models because he objected to parts of the directive, casting doubt on US efforts to respond …
Full content: President Donald Trump said he called off the signing of an executive order that would address cybersecurity concerns raised by powerful new artificial intelligence models because he objected to parts of the directive, casting doubt on US efforts to respond …
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Category: National News
Date: Tue, 26 May 2026 15:30:21 +0000
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Register: Risky Future AI Tools for Embedded Platforms ‘Demo Day’ on May 27
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Description: Insurance Journal’s Risky Future series is hosting the “AI Tools for Embedded Insurance Platforms” Demo Day, a series of free AI tool demonstrations designed exclusively for (re)insurers, MGAs/Program Administrators, marketplaces, and other tech and distribution platforms. This event focuses on …
Full content: Insurance Journal’s Risky Future series is hosting the “AI Tools for Embedded Insurance Platforms” Demo Day, a series of free AI tool demonstrations designed exclusively for (re)insurers, MGAs/Program Administrators, marketplaces, and other tech and distribution platforms. This event focuses on …
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Category: National News
Date: Tue, 26 May 2026 14:55:35 +0000
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Insurance Firm Safepoint, Backers Seek $283.3 Million in IPO
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Description: Safepoint Holdings Inc., an underwriter of specialty homeowners and commercial insurance, and some of its backers are seeking to raise as much as $283.3 million in an US initial public offering. The Tampa, Florida-based firm plans to market 6.24 million …
Full content: Safepoint Holdings Inc., an underwriter of specialty homeowners and commercial insurance, and some of its backers are seeking to raise as much as $283.3 million in an US initial public offering. The Tampa, Florida-based firm plans to market 6.24 million …
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Category: Southeast News
Date: Tue, 26 May 2026 14:52:34 +0000
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NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History
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Description: A North Carolina jury handed down what may have been the largest personal injury award in state history, five years after a retaining wall collapsed on workers, killing one and injuring four others. The lawsuit in Henderson County, near Asheville, …
Full content: A North Carolina jury handed down what may have been the largest personal injury award in state history, five years after a retaining wall collapsed on workers, killing one and injuring four others. The lawsuit in Henderson County, near Asheville, …
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Category: Southeast News
Date: Tue, 26 May 2026 14:39:03 +0000
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US Supreme Court Denies Meta’s Challenge to Vermont Social Media Addiction Lawsuit
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Description: The U.S. Supreme Court declined on Tuesday to hear a bid by Meta Platforms to avoid a lawsuit brought by Vermont’s attorney general accusing the company of designing its Instagram social media app to be addictive to young users, as …
Full content: The U.S. Supreme Court declined on Tuesday to hear a bid by Meta Platforms to avoid a lawsuit brought by Vermont’s attorney general accusing the company of designing its Instagram social media app to be addictive to young users, as …
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Category: East News
Date: Tue, 26 May 2026 14:07:23 +0000
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California Narrows Evacuation Area With Risk ‘Off the Table’
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Description: There is no longer a risk of a compromised chemical tank exploding in the suburbs of Los Angeles and evacuation orders for some of the more than 50,000 people were lifted, according to the Orange County Fire Authority. The county’s …
Full content: There is no longer a risk of a compromised chemical tank exploding in the suburbs of Los Angeles and evacuation orders for some of the more than 50,000 people were lifted, according to the Orange County Fire Authority. The county’s …
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Category: West News
Date: Tue, 26 May 2026 14:00:29 +0000
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First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud
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Description: The US government has joined the line of creditors impacted by alleged fraud at bankrupt autoparts maker First Brands, in this instance for accusations the company cheated on how much it should have paid on tariffs. First Brands was hit …
Full content: The US government has joined the line of creditors impacted by alleged fraud at bankrupt autoparts maker First Brands, in this instance for accusations the company cheated on how much it should have paid on tariffs. First Brands was hit …
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Category: National News
Date: Tue, 26 May 2026 13:56:55 +0000
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Comulate Loses Appeal for Injunction Against Applied Systems
Author: Chad Hemenway
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Description: In litigation between competitors in the insurance technology market, a preliminary injunction was again denied to Comulate, which stands accused by Applied Systems of misappropriating trade secrets. Comulate had asked a federal judge in U.S. District Court for the Northern …
Full content: In litigation between competitors in the insurance technology market, a preliminary injunction was again denied to Comulate, which stands accused by Applied Systems of misappropriating trade secrets. Comulate had asked a federal judge in U.S. District Court for the Northern …
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Category: National News
Date: Tue, 26 May 2026 13:25:42 +0000
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Beacon Mutual Begins Notifying Those Affected by Data Breach
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Description: Workers’ compensation specialist Beacon Mutual Insurance Co. reports it has begun mailing letters to individuals whose personal information was involved in a recent ransomware attack. Upon learning of the activity on January 14, 2026, the Rhode Island-based insurer said it …
Full content: Workers’ compensation specialist Beacon Mutual Insurance Co. reports it has begun mailing letters to individuals whose personal information was involved in a recent ransomware attack. Upon learning of the activity on January 14, 2026, the Rhode Island-based insurer said it …
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Category: East News
Date: Tue, 26 May 2026 12:37:24 +0000
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OpenAI’s Altman Says AI Unlikely to Lead to ‘Jobs Apocalypse’
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Description: OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a …
Full content: OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 11:52:21 +0000
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Markets/Coverages: Fidelis Partnership Boosts Automated Broker Submission Process
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Description: The Fidelis Partnership (TFP) announced a partnership with Howden as part of a new capability in TFP’s underwriting platform, designed to deliver a step change in the automation and streamlining of the pre-bind submission process for complex risks. Through automated …
Full content: The Fidelis Partnership (TFP) announced a partnership with Howden as part of a new capability in TFP’s underwriting platform, designed to deliver a step change in the automation and streamlining of the pre-bind submission process for complex risks. Through automated …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 11:25:05 +0000
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Private Credit Losses May Hit Insurers More Than Banks, ECB Says
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Description: European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit industry, the European Central Bank said after simulating a “severe” shock to the market. The “illustrative exercise” included three stages: …
Full content: European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit industry, the European Central Bank said after simulating a “severe” shock to the market. The “illustrative exercise” included three stages: …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 10:32:51 +0000
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Brazil Prosecutors Sue to Ban Weed Killer Glyphosate
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Description: Brazilian prosecutors are suing health agency Anvisa and the federal government to ban the use of top-selling weed killer glyphosate, dealing a potential blow to chemical companies in Latin America’s largest economy. A special division of the prosecutor’s office tasked …
Full content: Brazilian prosecutors are suing health agency Anvisa and the federal government to ban the use of top-selling weed killer glyphosate, dealing a potential blow to chemical companies in Latin America’s largest economy. A special division of the prosecutor’s office tasked …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 10:12:47 +0000
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Britain’s Navy Prepares to Clear Mines in Strait of Hormuz While Waiting for Peace Deal
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Description: Aboard the RFA Lyme Bay docked off the coast of Gibraltar, hundreds of British sailors are waiting to be deployed for a mine-clearing mission to the Strait of Hormuz that is still in doubt. U.S. President Donald Trump has lashed …
Full content: Aboard the RFA Lyme Bay docked off the coast of Gibraltar, hundreds of British sailors are waiting to be deployed for a mine-clearing mission to the Strait of Hormuz that is still in doubt. U.S. President Donald Trump has lashed …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 09:23:04 +0000
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Saving Supply Chains From Climate Shocks Is a Lure for Investors
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Description: On the tarmac of Kuala Lumpur International Airport, a cargo of drugs on their way to a clinical trial were warming in the rising afternoon sun. At risk of being spoiled, a newly installed tracker that monitors temperature, humidity and …
Full content: On the tarmac of Kuala Lumpur International Airport, a cargo of drugs on their way to a clinical trial were warming in the rising afternoon sun. At risk of being spoiled, a newly installed tracker that monitors temperature, humidity and …
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Category: International & Reinsurance News
Date: Tue, 26 May 2026 08:10:22 +0000
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Hyundai to Recall Over 421,000 US Vehicles Over Software Brake Issue: NHTSA
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Description: Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S. National Highway Traffic Safety Administration said on May 22. The recall covers certain 2025-2026 model Santa Cruz, …
Full content: Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S. National Highway Traffic Safety Administration said on May 22. The recall covers certain 2025-2026 model Santa Cruz, …
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Category: National News
Date: Tue, 26 May 2026 05:14:05 +0000
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Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino
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Description: A developing El Nino that is forecast to get quite strong will likely dampen the upcoming Atlantic hurricane season, but it won’t make the potentially deadly storms disappear, federal and outside meteorologists predict. The National Oceanic and Atmospheric Administration on …
Full content: A developing El Nino that is forecast to get quite strong will likely dampen the upcoming Atlantic hurricane season, but it won’t make the potentially deadly storms disappear, federal and outside meteorologists predict. The National Oceanic and Atmospheric Administration on …
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Category: National News
Date: Tue, 26 May 2026 05:04:14 +0000
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Activision Shareholders Reach $250 Million Settlement Over Microsoft Buyout
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Description: Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in …
Full content: Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in …
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Category: National News
Date: Tue, 26 May 2026 05:03:13 +0000
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Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms
Author: William Rabb
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Description: A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad interpretation of what the court called an unusually broad liability immunity law. The 4th District Court of Appeals, one step …
Full content: A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad interpretation of what the court called an unusually broad liability immunity law. The 4th District Court of Appeals, one step …
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Category: Southeast News
Date: Tue, 26 May 2026 05:01:12 +0000
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San Francisco Turns to AI to Avoid Collisions Between Ships And Whales
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Description: Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection …
Full content: Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection …
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Category: West News
Date: Tue, 26 May 2026 05:00:54 +0000
Local date: Tue, 26 May 2026 05:00:54 +0000
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Language: en-US
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