The company behind an $8.9 billion carbon-capture pipeline proposed for five Midwestern states said Wednesday it wants to indefinitely delay its plans after South Dakota passed a law limiting its ability to acquire land for the project. But even as …

Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New York City. But has the technology developed so …

Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those centers – 60 of …

North Carolina authorities charged a woman with insurance fraud after learning that she made slip-and-fall claims at multiple grocery stores in the area. Jackie Kay Lynch, 61, of Wilson, east of Raleigh, filed a $1,000 claim in August 2024 with …

BenefitMall, a CRC Group company and employee benefits specialist, has named Jim Scheib sales executive for north Florida, expanding the mall’s commitment to the region, the company said. Scheib has 35 years of experience in employee and group insurance. The …

Three bills that would chip away at or substantially reverse 2022 and 2023 reforms on attorney fees and medical damages passed Florida House subcommittees by wide margins on Thursday. But the consensus at the state Capitol is that most of …

A Virginia Court of Appeals has given a green light to a negligence lawsuit seeking to hold a mother responsible for failing to supervise her teenage son who was learning to drive when he hit and killed a person in …

A Washington farmhand faces felony charges for reportedly stealing more than $122,000 workers’ compensation benefits. Efrain Alatorre Camarena was charged with felony theft for allegedly collecting workers comp payments while discreetly working at another dairy farm. A Washington State Department …

A New York art adviser who once counted actor Leonardo DiCaprio among her wealthy patrons was sentenced Wednesday to 30 months in federal prison after admitting to cheating clients out of $6.5 million in connection with the sale of 55 …

The U.S. Chemical Safety and Hazard Investigation Board (CSB) released a second update on its ongoing investigation into the fatal hydrogen sulfide release that occurred on October 10, 2024, at the PEMEX Deer Park Refinery in Deer Park, Texas. Two …

Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the matter. Investors are buying so-called subrogation claims, obtaining …

Tesla is recalling nearly all Cybertrucks in the United States to fix an exterior panel that could detach while driving, the company said on Thursday, the latest in a series of call-backs for the pickup truck. The recall covers just …

Delaware lawmakers are expected to vote as soon as next week to overhaul the state’s corporate law to protect its business-friendly reputation, but opponents have called the bill a giveaway to billionaires. The bill makes it hard for investors to …

Approximately 170,000 properties were potentially impacted by the severe outbreak across the Midwest and Mississippi Valley, in addition to wildfires and dust storms across the Southern Plains, CoreLogic said. The early season tornado outbreak over March 13-16 spawned at least …

RiverStone International has signed an agreement with Lyft subsidiary Pacific Valley Insurance Co. to provide a loss portfolio transfer reinsurance for a commercial auto liability portfolio. The deal is effective from Jan. 1, 2025. Guy Carpenter was the broker of …

The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations of societies across the 27-nation bloc as it becomes intertwined with state-sponsored destabilization campaigns. The grim warning came at the …

Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly 30% of the digital insurance company’s …

Greenpeace has been ordered to pay more than $660 million in damages to Energy Transfer Partners LP after the Texas-based oil company accused the environmental group of defamation in connection with protests against an oil pipeline almost a decade ago. …

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is once again looking for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us …

A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers writing policies for contractors and builders. The 2025 “Commercial Litigation …