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News Center


News Archives - Insurance Journal

Death Toll From San Antonio Flooding Rises to 13
The death toll from heavy rains that inundated parts of San Antonio has risen to 13, and all those missing have been found, authorities said. More than 7 inches (18 centimeters) of rain fell over a span of hours on …

POSTED JUNE 17, 2025 6:00 AM
American Bar Association Sues to Block Trump’s Attacks on Law Firms
The American Bar Association sued the Trump administration on Monday, seeking an order that would bar the White House from pursuing what the ABA called a campaign of intimidation against major law firms. The lawsuit, filed in federal court in …

POSTED JUNE 17, 2025 5:19 AM
Tariff ‘Stacking’ Adds Another Headache for US Importers
John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. He sources many of the goods from China, which until recently meant he paid 70% in …

POSTED JUNE 17, 2025 5:11 AM
Air India Crash Seen Triggering $475 Million in Insurance Claims
India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million. “This aviation insurance claim could be one of …

POSTED JUNE 17, 2025 5:05 AM
Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quarter 2025 data …

POSTED JUNE 17, 2025 5:01 AM
California FAIR Plan Extends ZestyAI Partnership
ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021. That model leverages AI-driven analysis of more …

POSTED JUNE 17, 2025 5:00 AM
MoneyGram Settles with NY Over Transfers After US Consumer Bureau Quits Case
MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after the U.S. Consumer Financial Protection Bureau withdrew from the civil case. The accord announced on Monday by New York …

POSTED JUNE 17, 2025 5:00 AM
Officials Brace for Fire Season as Nevada Is ‘Abnormally Dry’
“Don’t say this is going to be the worst fire season,” Nevada Gov. Joe Lombardo jokingly told State Forester and Fire Warden Kacey KC at a June 10 wildfire briefing in Carson City. “You say that every year.” KC smiled …

POSTED JUNE 17, 2025 5:00 AM
People Moves: Bennett to Lead Mercury Insurance Climate Science Team
Mercury Insurance, headquartered in Los Angeles, California, appointed Steve Bennett as its senior director of climate and catastrophe science. In this new position, Bennett will build and lead a team focused on identifying ways Mercury and its policyholders can be …

POSTED JUNE 17, 2025 5:00 AM
Morocco’s Wafa Assurance to Acquire Egypt’s Delta Insurance
Wafa Assurance has agreed to acquire a majority stake in Egypt’s Delta Insurance from its current owner Egypt Kuwait Holding Company, as it targets an expansion of its operations in the Egyptian market, it said on Monday. Wafa Assurance, a …

POSTED JUNE 17, 2025 5:00 AM

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