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INSURANCE NEWS
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
In the long-simmering clash between property insurers and public adjusters, the adjusters now have Florida’s chief law enforcement officer on their side, after state Attorney General James Uthmeier announced his office will investigate anti-public adjuster endorsements in some Florida insurance …
Truck Overturns in Kansas City, Spilling Cattle Onto Streets
Dozens of cattle spilled onto a street in Kansas City, Missouri, when a semitractor-trailer plunged off a highway overpass in the city’s downtown area and onto a car early Sunday, shutting down some roads and setting off a search for …
Iowa Man Indicted in Ponzi Scheme
A federal grand jury in Des Moines, Iowa recently returned an indictment charging Willam Bernard Tunink with 10 counts of wire fraud related to a Ponzi scheme involving multiple victims and millions of dollars of loss to the victims. As …
TDI Launches Fraud Task Force
The Texas Department of Insurance this week launched an insurance fraud task force that includes representatives from law enforcement, the insurance industry, consumer groups and other partners. The task force was initiated at the direction of Governor Greg Abbott, who …
Investigation Underway Into Airman’s Fatal Fall at College Football Game
The U.S. airman who died after a rapid fall while rappelling from the rafters of a stadium before a college football game in Texas was a 15-year service member from Georgia, according to the Air Force. U.S. Air Force Tech. …
Insurtech SecondSight Puts Together Exec Leadership With 6 Hires
Insurtech SecondSight announced six executive appointments to lead the company’s expansion into additional lines of business. Derek Foreman joins as chief operating officer, Dan Shoten as chief customer officer, James Tullett and David Anderson as co-heads of client engagement, Kenneth …
Global Insured Catastrophe Losses Fall to Lowest 9-Month Level Since 2019: Report
Global insured losses from natural catastrophes reached US$92 billion during the first nine months of 2026, 29% below the 10-year average (US$128 billion) and the lowest year-to-date insured loss total since 2019, according to Gallagher Re. The insurance industry has …
23andMe Reaches $6 Million Settlement Over Data Breach, Genetic Information
Chrome Holding Co., formerly 23andMe, reached a $6 million settlement to resolve allegations that the genetic testing company failed to protect personal information and genetic data of customers in a 2023 data breach. The 2023 data breach affected nearly 7 …
Storm Austen Will Be Stronger Than Forecast Along UK Coasts
Britain’s first named storm of the autumn will be stronger than previously thought when it sweeps across the country later this week. Gusts from Storm Austen may reach 80 miles (129 kilometers) per hour in coastal areas, equivalent to a …
Global Commercial Insurance Rates Drop 5% in Q3; Signs of Stabilization
Commercial insurance rates fell globally for the ninth straight quarter during the third quarter of 2026. According to the latest Global Insurance Market Index released by Marsh, global commercial insurance rates fell, on average, by 5% in Q3. This followed …
New Jersey Food Importer Sues to block Trump’s Canada Tariffs
US food importer Gellert Global Group on Tuesday sued to stop the Trump administration’s latest tariffs on imports from Canada, saying the duties represent another attempt to claim presidential tariff power that has been rejected in court. Republican President Donald …
Sally Yates Vows Independent Review of Cornell Sex Assault Case
Former US Deputy Attorney General Sally Yates pledged to conduct an independent investigation into Cornell University’s handling of sexual assault allegations, including a 2024 case involving a fraternity at the Ivy League school in New York. Yates, a partner at …