Louisiana Stifles Community Air Monitoring With Threat of Million-Dollar Fines, Lawsuit Says
On days of heavy pollution in Sulphur, a southwest Louisiana town surrounded by more than 16 industrial plants, Cynthia “Cindy” Robertson once flew a red flag outside her home so her community knew they faced health hazards from high levels …
Political Risk Cover Demand Rises, Profits Are Strong, but GWP Growth Lags: Report
Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the current trading environment, according to Howden’s 2025 survey of multinational corporates with revenue of more than US$1 billion. Rising geopolitical …
Boeing Agrees to Resolve US Criminal Case Over 737 Crashes
Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago. The settlement was disclosed in …
TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor
For the first time in the United States, a utility is asking federal regulators for a permit to build a small nuclear reactor. The nation’s largest public power company, the Tennessee Valley Authority, announced Tuesday it submitted a construction permit …
Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman
Insurance veteran and former Willis Group Holdings CEO Joe Plumeri will occupy the new role of chairman at Insurance Advisory Partners (IAP). According to the investment bank focused on the insurance, insurance services and insurtech industries, Plumeri will start the …
Southern California Edison Paying $82.5M to Settle Claims Over Bobcat Fire Damages
Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed …
DIY Home Inspections Are Taking Over, Firms Say
The future of home inspections is here and it’s in the hands of…the homeowner, according to leaders of two firms that have developed DIY systems now being used by prospective insureds across the country for pre-policy property surveys. “Do-it-yourself inspections …
Venezuelan Workers at Disney Put on Leave After Losing Protective Status
ORLANDO, Fla. (AP) — Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections. The move was made …
Progress Is Slow for Chimney Rock, NC Hit Hard by Hurricane Helene
The brightly colored sign along the S-curve mountain road beckons visitors to the Gemstone Mine, the “#1 ATTRACTION IN CHIMNEY ROCK VILLAGE!” But another sign, on the shop’s mud-splattered front door, tells a different story. “We will be closed Thursday …
Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather
Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. Four out-of-control fires were burning in Alberta at 4:15 p.m. Monday, including a …
India Races to Contain Oil Spill From Sunken Container Ship
Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to contain the environmental damage, the defense ministry said in a statement a day after …
Russian Hackers Target Western Firms Shipping Aid to Ukraine, US Intelligence Says
Hackers working for Russian military intelligence targeted Western technology and logistics companies involved in shipping assistance to Ukraine, the U.S. National Security Agency said. The hackers were trying to obtain details about the type of assistance entering Ukraine and, as …
FTC Nixes Antitrust Lawsuit Against PepsiCo Over Pricing
PepsiCo Inc. scored a major legal victory Thursday after the three members of the US Federal Trade Commission voted unanimously to dismiss an antitrust lawsuit that was filed at the very end of the Biden Administration. The FTC sued Pepsi …
India Debuts New Weather Model to Help Farming, Flood Planning
The southwest monsoon’s early arrival in India this year is good news for crops, but exactly when, where, and how much rain will fall over the next few months are still difficult questions to answer. To help solve that dilemma, …
Norwegian Man Awakes to Discover Grounded Cargo Ship Narrowly Missed His Home
A Norwegian man awoke to find that a cargo ship had run aground and narrowly missed crashing into his home along the Trondheim Fjord’s coast. Johan Helberg told Norwegian broadcaster NRK that he’d slept through the whole thing and only …
Markets/Coverages: BHSI Expands Executive & Professional Lines Cover in Italy
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy. These new policies follow the launch of BHSI’s proprietary Directors & Officers Liability Insurance in December of 2024. “Launching our …
More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix
As nasty tornadoes popped up from Kansas to Kentucky, a depleted National Weather Service was in scramble mode. The agency’s office in Jackson, Kentucky, had begun closing nightly as deep cuts by Elon Musk’s Department of Government Efficiency began hitting. …
Underwriting Concerns About Solar? Insurer Certifies Panels for Hail, Fire Resistance
While some insurance companies in Florida and beyond have balked at writing properties with rooftop solar panels, FM Global says it has pioneered an idea that may help – a testing system that certifies panels for fire and hail resistance. …
Connecticut Lawmakers Close Costly Workers’ Comp Loophole Opened by Court
Connecticut lawmakers last week moved swiftly to plug what could have been a very costly loophole in workers’ compensation benefits that was created by a state Supreme Court decision in March. The lawmakers effectively invalidated the high court ruling that …
Urban Fires Spark California Firefighter’s Idea to Get Quicker Water for Helicopters
Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving …

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Subscribe to Insurance Journal feed