INSURANCE NEWS

Texas Mutual’s Ward Elected to NCCI Board of Directors

Jeanette Ward, president and CEO of Texas Mutual Insurance Company, has been elected as one of the insurer members on the National Council on Compensation Insurance 2025 Board of Directors. NCCI provides a comprehensive source for workers’ compensation data, insights …
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Ambani’s Jio Agrees to Reinsurance Venture With Allianz in India

Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s quest to broaden his reach in the sector. The 50-50 venture combines Jio’s local digital footprint with Allianz’s global underwriting …
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ITRC: 2025 Data Breaches Outpace Same Period Last Year

New analysis indicates there were 1,732 publicly reported U.S. data compromises in the first half of 2025—5% ahead of 2024’s pace, according to the Identity Theft Resource Center (ITRC). However, the number of victim notices in H1 2025 (165,745,452) represents …
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How Crockett, Texas Turned a Devastating Tornado Into Funding for Sirens

A small East Texas community is in the final stages of installing a state-of-the-art disaster warning system officials have been working toward for years. Six new sirens will be placed strategically throughout the city of Crockett, about two hours north …
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Russell Reappointed as Commissioner of Oklahoma Workers’ Compensation Commission

Jordan Russell was sworn in recently for his third appointment as Commissioner of the Oklahoma Workers‘ Compensation Commission (OWCC) and as Chair of the Commission. Russell is the longest-serving Commissioner, being first appointed by former Governor Mary Fallin in 2016. …
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Authors Suing Anthropic Can Band Together in Copyright Suit, Judge Rules

A California federal judge ruled on Thursday that three authors suing artificial intelligence startup Anthropic for copyright infringement can represent writers nationwide whose books Anthropic allegedly pirated to train its AI system. U.S. District Judge William Alsup said the authors …
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Drone Crashes, Security Threats Have States Demanding Power to Take Them Down

While authorities were desperately trying to save people from the deadly Fourth of July floods in Kerr County, Texas, a private drone collided with a search and rescue helicopter and forced it to make an emergency landing, one of the …
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The New Approach to Hurricane-Strong Homes? Concrete Walls But Affordable

If wind mitigation and stronger homes are the path to reducing insurance claims and bringing down insurance premiums in hurricane-prone areas, as a growing number of industry experts believe, then homeowners, builders and insurers may want to take a look …
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Trump’s Lawsuit Against Bob Woodward Over Audiobook Is Dismissed

A federal judge on Friday dismissed U.S. President Donald Trump’s nearly $50 million lawsuit against the journalist Bob Woodward for publishing tapes from interviews for his 2020 best-seller “Rage” as an audiobook. The decision by U.S. District Judge Paul Gardephe …
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People Moves: Wehmann Joins Alliant as SVP in Northern California

Betty Wehmann joined Alliant Insurance Services as senior vice president within its employee benefits group. She is based in Northern California and has experience in delivering benefits services that support recruitment, retention and long-term cost containment to a national client …
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Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires

Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complaint filed in Los Angeles …
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People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO

Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler will retire at the end of 2026 after more than 40 years of dedicated service to the company. As part …
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