World Insurance Associates Acquires Reinig in Colorado
World Insurance Associates LLC acquired the business of Reinig Insurance Solutions in Lakewood, Colorado. Reinig Insurance Solutions specializes in providing property/casualty products and services to the health and fitness industry. World Insurance Associates is a headquartered in Iselin, New Jersey, …
Tesla Wins Bid to Undo Race Bias Class Action by Black Factory Workers
A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment as a class, reversing an earlier ruling in a major victory for CEO Elon Musk’s electric vehicle maker. California …
Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger nonstandard auto insurers turned in …
Update: Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans
Multiple subsea internet cables slated to run through the Red Sea are yet to complete as planned, as political tensions and heightened security threats have made the route more dangerous and complicated for commercial vessels. Meta Platforms Inc.’s 2020 plans …
K2 and Dale Get ‘In Principle’ Nod From Lloyd’s to Launch Syndicate 1954
Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval from Lloyd’s to launch Syndicate 1954. Operating as a special purpose arrangement (SPA), …
IJ Q&A: Fortegra on the Grow Path for MGAs
At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jacksonville, Florida-based Fortegra. Here is …
California Revokes 17,000 Commercial Driver’s Licenses for Immigrants
California plans to revoke 17,000 commercial driver’s licenses given to immigrants after discovering the expiration dates went past when the drivers were legally allowed to be in the U.S., state officials said. The announcement follows harsh criticism from the Trump …
All 14 Victims Identified in UPS Cargo Plane Crash in Louisville
A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business. They were among the 14 people who died in the fiery crash of a UPS plane in Louisville …
Coal Miners’ Respirator Claims Barred by Statute of Limitations, WV Supreme Court Finds
A group of coal miners with lung disease waited too late to sue 3M Corp. and other respirator manufacturers and suppliers, the Supreme Court of West Virginia said this month in upholding lower courts’ findings that the statute of limitation …
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
John Neal’s tenure at American International Group (AIG) is over before it began. The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to “personal circumstances,” according to a …
Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024
Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138 million (US$181.6 million) more than in 2023, according to the Association of British Insurers (ABI). Malware and ransomware alone accounted …
BBC Apologizes to Trump, Says No Basis for Defamation Claim
The British Broadcasting Corp. issued a formal apology to Donald Trump on Thursday over the misleading edit of the US president’s speech in a documentary program late last year, but rejected his demands for compensation. BBC Chairman Samir Shah sent …
BBVA Hires Adviser to Review Bancassurance Partnership in Turkey
BBVA SA is reviewing its insurance partnership in Turkey as its current agreement with Eureko Sigorta AS is set to expire, according to people familiar with the matter. BBVA is considering various options including a new partnership for its local …
BHP Liable for 2015 Brazil Dam Collapse, UK Court Rules, in Mammoth Lawsuit
BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians, …
Kansas County to Pay $3M and Apologize Over a Raid on a Small-Town Newspaper
TOPEKA, Kan. (AP) — A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over press freedom. …
Chevron Picks Texas for First AI Data Center Power Project
Chevron Corp. chose West Texas as the site of its first project to provide natural gas-fired power to a data center, the beginning of a new line of business for the oil giant to capitalize on the boom in artificial …
Wisconsin Man Pleads No Contest for Attempting to Burn Down Congressman’s Office
A Wisconsin man accused of trying to burn down a congressman’s office earlier this year because he was upset over the federal TikTok ban has pleaded no contest to felony arson. Caiden Stachowicz, 20, of Menasha, entered the plea Monday …
Congressional THC Ban Threatens Texas’ $8 Billion Hemp Industry
As part of the spending deal to end the government shutdown, federal lawmakers approved a provision cracking down on hemp products containing THC, restoring a ban Texas Republicans sought to impose earlier this year. The funding package, passed by the …
Young Supercar Collectors Aren’t Afraid to Risk Their Investments
Jack Morris treasures his 2009 Lamborghini Murcielago LP 640. But it’s not always easy to love. “It’s huge, it’s heavy, it’s clunky, you can’t see out of it,” says the 24-year-old of the orange V-12. “On paper, if a Porsche …
Big Russian Port Operator Says its Systems Were Targeted by Foreign Hackers
Russia’s Port Alliance group, which operates a network of sea cargo terminals, said on Thursday that foreign hackers had targeted its systems over three days in a distributed denial of service (DDoS) attack and an attempted hack. It said in …



