INSURANCE NEWS
Zillow Deleting Home Climate Risk Scores Reveals Limits of Flood, Fire Data
When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid …
New York Workers’ Comp Board to Require Video for All Testifying in Virtual Hearings
Beginning February 2, 2026, all claimants and lay witnesses testifying in virtual hearings before the New York State Workers’ Compensation Board will be required to appear and testify by video with their faces fully visible on screen, and not just …
Strengthen Oklahoma Homes Grant Program Completes 100th Home
The Oklahoma Insurance Department (OID) announced the completion of the 100th home through its OKReady, Strengthen Oklahoma Homes (SOH) Program, a significant achievement in the state’s ongoing efforts to build stronger, safer, and more resilient communities and save homeowners money. …
Jury Finds Agent Guilty of Twice Misappropriating Client’s Insurance Funds
A Baltimore County jury has found Michael C. Okolo, of Parkville, Maryland, guilty of two counts of insurance fraud and one count of obstruction of justice. According to Maryland Attorney General Anthony G. Brown Okolo was found to have twice …
Trump Ban on Wind Energy Projects Ruled Illegal by Federal Judge
Less than a year after President Donald Trump banned new wind projects, a federal judge ruled the president’s executive order was illegal. US District Judge Patti Saris said Monday the order is “arbitrary and capricious and contrary to law,” siding …
People Moves: Chubb Overseas General Insurance Promotes Shead to Head of Property; QBE Taps AIG’s Smallridge as UK Casualty Portfolio Manager
This edition of International People Moves details appointments at Chubb and QBE. A summary of these new hires follows here. Chubb Promotes Shead to Head of Property, Overseas General Insurance Chubb announced that Aaron Shead has been appointed to executive …
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety industry. According to a brief media statement, the formation of SuretyBind, LLC, will initially …
National Council of Insurance Legislators Adopts Louisiana Anti-Fraud Law as New Model
A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud. The National Council of Insurance Legislators (NCOIL) has adopted Louisiana‘s amended insurance fraud law as its new national benchmark, the Louisiana Department of Insurance said. …
Historic Minnesota Resort Owner Charged with Arson and Insurance Fraud
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, …
WalkerHughes Acquires Illinois’ Benhoff Insurance Agency
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage, announced its expansion into Illinois with the acquisition of Benhoff Insurance Agency, well-established personal lines brokerage based in Breese, Illinois. Benhoff Insurance Agency, led by longtime owner Bruce Benhoff, has served …
Aviva Seeks Partner for New City of London Skyscraper Project
Aviva Plc has kicked off the search for a partner to help fund a planned new skyscraper in the heart of the City of London’s insurance district, as it aims to tempt investors willing to make a bold bet that …
Bankers Readying US IPOs at ‘Overwhelming’ Pace Ahead of 2026
Behind the scenes activity in the US IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been busy lining up underwriting mandates from …