California Accelerates Work on EV Rules, Tax Credits That Trump Opposes
California officials are meeting Detroit automakers this week to discuss the next phase of greenhouse gas regulations for cars and trucks, the state’s top air regulator said. California is fighting in the courts and in the U.S. Congress against President …
TDI Investigations Result in $50M for Fraud Victims
The Texas Department of Insurance (TDI) Fraud Unit this week announced that it contributed to insurance fraud investigations landing $50.9 million in court-ordered restitution in fiscal year 2025. More than 20 TDI investigators working across the state looked into 314 …
Michigan AG Secures Judgment Against Contractors Over Consumer Scam
Michigan Attorney General Dana Nessel announced she has secured a default judgment (PDF) against Caltons Lawn Care & Landscaping LLC and its owners, Aron Dean Calton and Leslie Calton, of Kent City, for violating the Michigan Consumer Protection Act. The …
Aon Reports Organic Growth of 6% for 2nd Straight Year
Aon plc reported revenue of $4.3 billion during the fourth quarter of 2025, an increase of $153 million or 4% from $4.1 billion in Q4 2024. For Q4 2025, Aon saw organic revenue growth of 5%, compared with 6% during …
Insurance Journal’s Agency Salary Survey to Close Tuesday, Feb. 3
Don’t miss out on your chance to participate in Insurance Journal’s annual Agency Salary Survey. There’s only a few days left to share your insights on agency compensation trends and more. ALL retail agency owners, principals, producers, CSRs — the …
Detroit-Area Taco Bell Operators Settle Sexual Harassment Lawsuit
Sundance, Inc. and Black River Bells, operators of several Taco Bell restaurants in the metropolitan Detroit area, will pay $100,000 and furnish other relief to resolve a sexual harassment lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal …
Texas Data Centers, Crypto Miners Reduced Power During Storm
Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country. Data centers supporting artificial …
The Hartford Q4 Net Income Up 33% Led by Business Insurance
Net income at The Hartford increased 33% to about $1.1 billion in the fourth quarter 2025. Property/casualty written premiums increased 5% compared to Q4 2024, led by growth of 7% in the business insurance segment. CEO Christopher Swift said results …
Federal Judge Puts Brakes on New Hampshire Plan to Abolish Car Inspections
A federal court judge has halted New Hampshire’s plan to end motor vehicle inspections. U.S. District Court Judge Landya McCafferty granted a preliminary injunction on January 27 to prevent the state from implementing a new law abolishing the annual inspection …
Florida Committees Approve MGA, Litigation Funding Restriction Bills
Florida legislative committees approved two bills this week that could impact property-casualty insurance in the state. One would put some restrictions on litigation financing and the other would force more transparency on insurers’ payments to managing general agencies. The bills’ …
E&S Premium Growth Moderates Through Nine Months of 2025
The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …
Worries Deepened in South After Days of Snow, Ice and Power Outages
Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out …
Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium
Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP, led by Brit Syndicate …
North American Risk Professionals See Average 11% Salary Increase
Risk professionals’ salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk management compensation are detailed in the RIMS 2025 Compensation Survey, …
UK Warns of Pancreatitis, Deaths Tied to Obesity Drugs Wegovy, Mounjaro
The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the …
Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say
Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has been Chinese-language money-laundering networks, …
Southern Africa Floods That Killed 300 Fueled by Global Warming
An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in December, …
China Plans $29 Billion Capital Injection Into Biggest Insurers
China is mulling the sale of hundreds of billions of yuan in special government bonds to recapitalize some of its largest insurers, according to people familiar with the matter, strengthening the biggest players in a sector that is under pressure …
Markets/Coverages: AXA XL Adds Coverages to Pollution and Remediation Liability
AXA XL has added new coverages to its pollution and remediation liability insurance for lenders, further protecting them from losses in the event of a loan default. The Protective Environmental Asset Coverage Enhancement (PEACE) endorsement, which can be added to …
Flood Risk Misconceptions Drive Underinsurance: Chubb
A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action, and coverage misconceptions, according to Chubb’s Flood Risk and Resilience report. The survey of more than 1,500 high-net-worth homeowners, commercial businesses, agents, …
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Comunicados de prensa más recientes
Islas Caimán, 31 de octubre de 2025. El CCRIF SPC anunció que hará un pago de US$70 millones al Gobierno de Jamaica tras el paso del huracán Melissa. Es el mayor pago único en la historia del CCRIF y una poderosa demostración del modelo de seguro paramétrico de la organización.
Gran Caimán, 18 de diciembre de 2024.
