INSURANCE NEWS
Construction Projects Facing Delays Under Threat of ICE
Under a broiling Alabama sky a frustrated Robby Robertson, a construction site superintendent, surveys an 84,000 square foot, mostly built recreation center close to the Gulf coast port city of Mobile. The site is eerily quiet. Last month, the $20 …
Jeju Air Jet Still Had Working Engine When it Crashed: Investigation Update
A Jeju Air plane that crashed in December during an emergency landing after a bird strike could have kept flying on the damaged engine that was still working after pilots shut down the other one, according to an update from …
Markets/Coverages: QBE and Matrix iQ Partner to Provide UK Fleet Risk Mgmt Solutions
QBE, the business insurer, has announced a strategic partnership with Matrix iQ, a leading provider of connected vehicle and behavioral data solutions. Through this partnership, QBE customers will be able to access Matrix iQ’s technology-agnostic platform, which provides fleet operators …
Europe Inc Swerves Trump Trade War ‘Hurricane’ but Laments Higher Tariffs
European companies were left wondering on Monday whether to cheer a hard-won U.S. trade deal or lament a still sharp jump in tariffs versus those in place before President Donald Trump’s second term. A day earlier, European leaders heralded a …
Viewpoint: Driverless Cars Are Changing the Future of Claims
In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust riding in an autonomous …
Justice Department Prepares Crackdown on Trump Tariff Violators
Federal prosecutors are laying the groundwork to criminally charge companies and individuals that try to evade US tariffs as President Donald Trump readies a fresh round of levies next week. American customs officials have long sought to thwart attempts to …
Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach
Tea, an app that lets women anonymously comment and review dates with men, said it has suffered a data breach, with hackers gaining access to 72,000 user images. A Tea spokesperson confirmed the hack to Reuters on Saturday, saying they …
Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured, Appeal Court Says
A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major misrepresentation by the insured long after claims have been paid. The U.S. 11th Circuit Court of Appeals last week found …
Connecticut Updates Its Captive Insurance Law
Connecticut Governor Ned Lamont signed into law legislation updating the state’s law governing captive insurance and allowing new types of captives. Captives are owned by one or more businesses to insure their business risks., Effective October 1, 2025, the act …
California FAIR Plan Rolls out Commercial High Value Policy
The California FAIR Plan has increased commercial coverage limits and is now offering a commercial high value policy for condominiums, farms, wineries and other businesses in the state that cannot find insurance through the voluntary or excess and surplus insurance …
Man Who Killed Idaho Firefighters Was Turned Away by Fire Department
The man accused of fatally shooting two Idaho firefighters before killing himself last month had tried to join the fire department, and became angry when told he would need to go through training and testing. Wess Roley also tried to …
FEMA Chief Calls Texas Floods Response ‘A Model’ For Dealing With Disaster
The acting administrator of the Federal Emergency Management Agency is pushing back on criticisms of the federal response to the central Texas floods that killed at least 136 people earlier this month. “I can’t see anything we did wrong,” David …