INSURANCE NEWS
Fewer Insureds Shopping, More Switching, Says JD Power
Shopping slowed, but switching endures. That’s according to a recent report from J.D. Power, assessing insureds’ shopping habits for auto, home and renters’ insurance in Q2 2025. Overall shopping declined this quarter after setting a record high for auto shopping …
Some Large Accounts Start Seeing Chubb’s Back as it Focuses on Middle, Small
The global middle market and small commercial is where its at for Chubb, according to its CEO. “The pattern of growth and opportunity continues,” Evan G. Greenberg said on a call with analysts to discuss Q2 earnings. “It’s where we’re …
Judge Approves $318M From Sale of Lindberg’s Software Firms to Repay Victims
After two years of litigation, maneuvering and negotiating, insurance companies once owned by convicted North Carolina businessmen Greg Lindberg may soon see some recovery of the millions in assets that Lindberg allegedly siphoned away. A federal judge this week approved …
New Jersey to Offer Mobile Driver’s Licenses
Governor Phil Murphy has signed legislation directing the New Jersey Motor Vehicle Commission to create digital driver’s licenses and digital non-driver identification cards. Digital driver’s licenses, known as mobile driver’s licenses, are accessible on smartphones and other mobile devices, and …
Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces
The U.S. Department of Labor is aiming to rewrite or repeal more than 60 “obsolete” workplace regulations, ranging from minimum wage requirements for home health care workers and people with disabilities to standards governing exposure to harmful substances. If approved, …
Illinois Staffing Agency to Pay $600K for Misclassifying Workers
Illinois Attorney General Kwame Raoul announced his office reached a $600,000 settlement with staffing solution agency Wonolo Inc., resolving allegations the company misclassified workers who were placed in temporary labor positions via the company’s online platform. An investigation Raoul’s office …
EPA to Withdraw Foundation of Greenhouse Gas Rules, Sources Say
The U.S. Environmental Protection Agency plans to reverse its scientific determination that greenhouse gas emissions endanger public health, removing the legal foundation that underpins all major climate regulations, two sources familiar with the discussions told Reuters. Reversal of the “endangerment …
Tesla Sales Fall Again in California, Dragging on ZEV Market
Tesla has now seen seven quarterly registration declines reported in California, dragging down the overall zero-emission vehicle (ZEV) market in the state, a new report shows. The California New Car Dealers Association released its Q2 2025 California Auto Outlook Report, …
Ohio Waste Management Firm Faces $602K in Fines After Worker’s Death
A U.S. Department of Labor investigation found that Clean Harbors Environmental Services Inc., an environmental and hazardous waste management service provider, failed to properly ventilate a confined space containing organic chemical residue at a customer’s facility in Twinsburg, Ohio, resulting …
General Motors Insurance Expands to 3 New States
General Motors Insurance announced this week it has expanded to three more states: Arkansas, Colorado and Louisiana. General Motors Insurance is available for Chevrolet, Buick, GMC and/or Cadillac vehicles with a model year 2016 or newer. GM says that the …
People Moves: DUAL Europe Taps Nexus’ Masteling to Lead New Trade Credit Business
DUAL Europe announced the launch of its Trade Credit Insurance business, led by Frank Masteling, who joined the company as head of Trade Credit. With more than 25 years of experience in the trade credit sector, Masteling brings deep expertise …
Increasing Drone Incidents Near Airports, Stadiums Prompt Alarm, Officials Say
U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021, including 11 aircraft this year that reported taking evasive action to avoid collisions. Those drone incidents have caused …