INSURANCE NEWS

Tata Steel Says Dutch NGO Seeks $1.6 Billion for Alleged Health Damage

A Dutch nonprofit is seeking €1.4 billion ($1.6 billion) in compensation from Tata Steel’s Netherlands units, alleging that harmful emissions from its operations have caused environmental harm and health damage to nearby residents. Stichting Frisse Wind.nu has submitted the legal …
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NHTSA Probes Tesla Model 3 Emergency Door Release

The U.S. auto safety regulator said it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be easily accessible or clearly identifiable in an emergency. The National Highway Traffic …
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US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed

Earlier this month, AM Best provided its initial tally of year-to-date financial results for U.S. property/casualty insurers, reporting a $34.9 billion net underwriting gain through the first nine months of 2025. According to Best’s Special Report, titled, “First Look: Nine-Month …
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Top Midwest Region Insurance Journal Stories of 2025

Acrisure’s announcement to lay off several hundred employees amidst rising AI integration topped the charts of Insurance Journal’s Midwest region in 2025. Midwest readers also paid close attention to State Farm’s decision to implement rate increases in Illinois, and the …
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Top Southeast Region Insurance Journal Stories of 2025

Property insurers have complained for years about roofers deliberately damaging roofs in order to file claims. But few have done what North Carolina Farm Bureau Mutual Insurance and the state’s Department of Insurance did: Set up a sting operation to …
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Top National Insurance Journal Stories of 2025

Mergers and acquisitions were among big stories last year and they continued to catch the attention of readers in 2025. The three largest insurance brokers — March, Aon and Arthur J. Gallagher — announced or closed multi-billion-dollar acquisitions in 2024. …
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FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip

Two south Florida injury attorneys, one a former insurance defense counsel, were still missing Sunday after their fishing boat was found southwest of Naples with the engine still running. The FBI has joined the investigation into what may have happened …
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People Moves: Gallagher Taps EY’s Hughes as Tax Specialist in Private Equity/M&A Team

Gallagher Taps Hughes From EY as Tax Specialist in Private Equity and M&A Practice Gallagher announced the UK appointment of specialist corporate M&A tax adviser Tom Hughes as director of Tax Insurance to its EMEA-wide Private Equity and M&A (PEMA) …
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EU Faces Renewed US Ire After ESG Cutbacks Fail to Calm Tensions

The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats from the US. At issue is the so-called extraterritoriality of the Corporate Sustainability Reporting Directive and the …
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Louvre Tightens Security After $102M Jewel Heist, Installs Bars on Infamous Window

A freight lift rose up on its crane Tuesday toward the Louvre Museum — but this time it wasn’t jewel thieves. It was workers installing security bars on the window used to break into the Paris landmark’s Apollo Gallery in …
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Brown&Brown Files Suit Over Alleged Howden Poaching of 200+ Employees

Reports that Howden US, part of the London-based insurance brokerage, had lured away more than 200 employees from Brown & Brown Insurance have left industry leaders worried that poaching seems to be the new business model for some companies. And …
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Southern California in ‘Great Danger’ From Christmas Flooding

Residents of Southern California were bracing Wednesday for a powerful winter storm forecast to bring dangerous flooding as well as rock and mudslides to the region, threatening property and snarling holiday travel plans. Peak rainfall in parts of the region …
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