‘Trump’s EPA’ in 2025: A Fossil Fuel-Friendly Approach to Deregulation
The Trump administration has transformed the Environmental Protection Agency in its first year, cutting federal limits on air and water pollution and promoting fossil fuels, a metamorphosis that clashes with the agency’s historic mission to protect human health and the …
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
Risk appetite among high-net-worth individuals has dropped sharply, according to a new high-net-worth outlook from HUB International. Per the report, only 25% of HNW individuals are willing to assume more risk for premium savings—down from 39% in 2023. HUB found …
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info
If Florida property insurance companies and regulators hoped a complaint about altered adjusters’ reports would quietly fade away, a lawsuit by a homeowner at the heart of the controversy has brought new attention to the matter. North Port homeowners Jeffrey …
Four in New Jersey Face Charges in Alleged $250K Travel Insurance Scam
Four people have been indicted in New Jersey for their alleged roles in a scheme to file fraudulent travel insurance claims worth more than $250,000. They are accused of taking out multiple travel insurance policies and then filing claims against …
People Moves: Feitel Joins Alliant’s Employee Benefits Group
Bryan Feitel joined Alliant Insurance Services as vice president within its employee benefits group. Based in Connecticut and serving Alliant nationally, Feitel joins California-based Alliant with more than three decades of experience in the employee benefits and healthcare industries, spanning …
Washington Contractors Fined for Exposing Workers to 22-Foot Wall of Dirt
A crew of concrete workers were put in danger during a recent home build in Spokane, prompting a Washington safety regulator to issue $300,000 in fines for exposing them to potential cave-ins and excavation hazards. The Washington State Department of …
Washington Workplace Changes for 2026 Include Higher Pay, New Tower Crane Rules
A round of changes impacting Washington workplaces now that 2026 has arrived include higher worker pay and several workplace safety alterations. The Washington State Department of Labor & Industries year calculates new wage standards, including the minimum wage. L&I makes …
US Rice, Cotton Farmers Get Biggest Relief in Trump Bailout
The US Department of Agriculture unveiled long-awaited details of its $12 billion aid package for farmers, with American growers of rice and cotton standing to get the biggest payments. But while the payments were welcomed by farmers and industry groups …
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance
New laws in Southeastern states took effect this week, impacting several aspects of property and casualty insurance. In Georgia, Senate Bill 69 puts new restrictions on third-party litigation financing, a lawsuit funding practice that has raised growing concerns for insurers. …
Texas Business Owner Pleads Guilty to Home Building Fraud Scheme
A Fort Worth business owner who received nearly $5 million from local customers for unfinished custom home building and remodeling projects pled guilty to a wire fraud conspiracy charge on Dec. 30, 2025, announced United States Attorney for the Northern …
Cornerstone National Insurance Company Placed Into Receivership
Cornerstone National Insurance Company, a Missouri-domiciled property and casualty insurance company, was placed into receivership by the Circuit Court of Cole County. Missouri Department of Commerce and Insurance Director, Angela L. Nelson, has been named receiver of Cornerstone, which allows …
Berkshire Falls on Buffett’s Last Day as CEO, Gained 6,100,000% Over 60 Years
Berkshire Hathaway shares closed slightly lower on Warren Buffett’s final day as chief executive, with the legendary investor set to hand the reins to Greg Abel on Jan. 1. The price of Berkshire Class A shares edged down $600, or …
Kansas Man Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt this week announced a Sedgwick county man has been sentenced to 18 months of probation for insurance fraud. Shawn Gales, age 37, pleaded guilty on December 18, 2025, in Sedgwick County District Court to one …
Aon Extends Employment Agreement With CEO Case
Aon Corp. said it has extended its contract with President and CEO Greg Case through 2030. Case’s contract was previously set to end on April 1, 2028. Case has led the brokerage, among the world’s largest, since he took over …
Idaho Company Recalls Nearly 3,000 Pounds of Ground Beef for E. Coli Risk
An Idaho-based company is recalling nearly 3,000 pounds of raw ground beef that may have been contaminated with E. coli bacteria. The recall involves 16-ounce vacuum-sealed packages labeled “Forward Farms Grass-Fed Ground Beef.” Affected packages were produced Dec. 16 and …
Definity Financial Completes $2.4B Acquisition of Travelers’ Canadian Businesses
Definity Financial Corp., the Canadian property/casualty insurer, announced the completion of its previously announced acquisition of the personal insurance business and the majority of the Canadian businesses of The Travelers Cos. The deal, which was first announced in May 2025, …
Derailed Train in Kentucky Causes Chemical Leak and Sparks a Fire
A derailed CSX train leaked a flammable chemical and sparked a fire in a rural part of southern Kentucky on Tuesday, prompting authorities to issue a shelter-in-place order that was later lifted for nearby residents. No injuries were reported after …
2 New Jersey Pilots Killed in Helicopter Collision Frequented Nearby Cafe Together
Two men who died after their helicopters collided midair in New Jersey last weekend both earned their private pilot licenses over a decade ago and would often have breakfast together at a cafe near the crash site before taking to …
Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show
A Walt Disney World worker in Florida was injured while attempting to stop a large runaway prop boulder from rolling into seated spectators at the Indiana Jones live show. The worker at the “Indiana Jones Epic Stunt Spectacular” at the …
Nursing Home Bailouts. Why Vermont Has Given Millions to Keep Them Afloat
With the second-oldest population in the country, Vermont needs its nursing homes. Yet, while Vermonters rapidly age, the state’s long-term care capacity has dwindled, losing 900 beds in the last two decades. To keep the struggling system afloat, the state …
Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Suscribirse a Fuente de noticias Insurance Journal