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INSURANCE NEWS
EPA Identifies Spilled Chemical Compound That Affected 260 Cars in Kansas
The EPA has identified the chemical compound spilled in Garnett, Kansas, on Dec. 31, 2025. Recent laboratory analysis corroborates EPA’s preliminary field screening results with a “high level of confidence” that the corrosive substance was sodium aluminate, the agency said. …
Rejection of Texas Law Blacklisting ‘Woke’ Firms Could Challenge Other Anti-ESG Laws
A Texas judge’s move to strike down a state law blacklisting “woke” financial firms, including BlackRock and HSBC, that used environmental, social or governance factors in investment decisions will likely drive a broader push to repeal so-called “anti-ESG” laws in …
Liberty Mutual to Partner With Net-Zero Focused PE Firm Ara
Liberty Mutual Group Inc.’s asset-management arm agreed to back Ara Partners’ infrastructure and energy strategies, in the latest partnership between an insurer and an alternative investment firm. The collaboration includes an anchor commitment to Ara’s new energy fund as well …
SC Wind Mitigation Grant Program Now Open for New Applications
South Carolina’s Safe Home Mitigation Program today, Feb. 10, began accepting applications for a new round of funding for resiliency grants. The program, which provides up to $6,000 in matching grants and up to $7,500 in non-matching grants, received additional …
Trump Threatens to Block Detroit-Canada Bridge in New Row
President Donald Trump threatened to block the opening of a new bridge that connects Michigan and Ontario until the US was given compensation and ownership of half of it, saying he’d start negotiations immediately. “I will not allow this bridge …
Louisiana Restaurants to Pay $34K in Sexual Harassment Lawsuit
Shreveport, Louisiana-based Minden Seafood, LLC, and Dorcheat Seafood, LLC, operators of restaurants Minden Seafood and Dorcheat Seafood and Grill, will pay a former employee $34,000 in back pay and emotional distress damages to settle a sexual harassment lawsuit filed by …
Greece and Malta Hesitate Over EU’s Russia Oil Services Ban
Greece and Malta have emerged as the main obstacle to a European Union proposal to replace a Russian oil price cap with a ban on the services needed to ship the fuel. The two southern European countries raised concerns about …
AIG Completes Purchase of Minority Stakes in Re/Insurer Convex and PE Firm Onex
American International Group announced on Friday it has completed the acquisitions of strategic minority ownership stakes in Convex Group Ltd., a privately held, global specialty insurer, and Onex Corp., a publicly traded global asset manager. AIG acquired an approximately 35% …
Probe Begins Into Maine Pulp Facility Chemical Release That Killed Intern, Injured 9
The U.S. Chemical Safety and Hazard Investigation Board (CSB) is opening an investigation into the fatal chemical release that occurred on January 27, 2026, at the Woodland Pulp facility in Baileyville, Maine. The incident at the pulp production facility resulted …
Risky Future Series: AI Tools for Aerial, Geospatial Intelligence ‘Demo Day’ on Feb. 11
Insurance Journal’s Risky Future series is hosting the “AI Tools for Aerial and Geospatial Intelligence” Demo Day, a series of free AI tool demonstrations designed exclusively for carriers, MGAs, claims professionals, underwriters, risk managers and more. Focused on advanced property …
Labor Board Gives Up Oversight of Musk’s SpaceX
The US labor board is abandoning a yearslong legal battle against Elon Musk’s SpaceX and signaling it will steer clear of future cases against the company. Two years after issuing a complaint accusing the aerospace firm of firing eight engineers …
Majority of Striking New York Nurses Announce Tentative Deal With Hospitals
Two-thirds of nurses who walked out of major hospitals in New York City a month ago have reached preliminary agreements with their employers and may end the strike this week, the union representing 15,000 striking nurses said on Monday. The …
