INSURANCE NEWS
Penn Wins Dismissal of Antisemitism Suit by Jewish Students
A federal judge dismissed a lawsuit against University of Pennsylvania filed by Jewish students over antisemitism, ruling they failed to show the Ivy League school engaged in intentional discrimination. US District Judge Mitchell Goldberg ruled Monday in a case by …
Pilot Avoids Crash, Lands Small Plane in Long Island Sound
The pilot of a small plane that was about to crash managed to land it safely in the cool, choppy waters of Long Island Sound off Connecticut and called 911 to provide his precise coordinates before the aircraft sank, authorities …
Al Fardan Named Non-Exec Chairman, Burns & Wilcox MENA; Aon appoints Marcell to serve as CEO of Global Solutions
H.W. Kaufman Group Names Hasan Fardan Al Fardan as Non-Executive Chairman, Burns & Wilcox MENA H.W. Kaufman Group named Hasan Fardan Al Fardan as the non-executive chairman for Burns & Wilcox, Middle East and North Africa (MENA). He works closely …
Stonetrust Insurance Credit Ratings Unchanged Amid Acquisition of Southern Vanguard
AM Best said that the Credit Ratings (ratings) of Southern Vanguard Insurance Company (Southern Vanguard) (Austin, Texas) and the members of Stonetrust Insurance Group (Stonetrust) (Baton Rouge, Louisiana) remain unchanged following the May 27, 2025, announcement that Wintaai America Inc. …
Judge Dismisses California’s Tariff Lawsuit, Teeing up Appeal
A U.S. judge dismissed the state of California’s challenge to President Donald Trump’s tariffs, allowing the state to file an appeal over the court’s ruling that the dispute should have been filed in a specialized U.S. trade court in New …
Report: Long COVID Accounted for Three Quarters of California Comp Virus Claim Payments
Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study. The study from the California Workers’ Compensation Institute shows one-in-21 California …
Pennsylvania AG Reaches Settlement With AI-Based Property Management Platform
Pennsylvania Attorney General Dave Sunday announced a settlement with Home365, LLC, regarding the Las Vegas-based property management company’s alleged failures to timely address Pennsylvania tenants’ maintenance needs. The voluntary compliance settlement also alleges Home365 failed to return tenant security deposits. …
Taylor Oswald Announces New Corporate Headquarters in Cleveland
Taylor Oswald, a provider of group benefits and property and casualty insurance, announced it is relocating its corporate headquarters in Cleveland. With the move, Taylor Oswald joins its partner, Oswald Companies, at Oswald Tower on the East Bank of the …
Texas Lawmakers Pass Legislation to Improve Wildfire Preparedness and Mitigate Damages
Texas lawmakers approved a series of bills this year that aim to better prepare Texas for wildfires and to mitigate their damage. The legislation includes a study on wildfire risk zones, increasing funding for rural volunteer fire departments, and creating …
People Moves: Wallace & Turner Insurance Elevates Four to Partnership
Wallace & Turner, Inc., with offices in Springfield and Urbana, Ohio, named four new equity partners. All are based in Wallace & Turner’s Springfield office. Ben Galbreath has nearly two decades of experience in personal, commercial, life and supplemental benefits …
Victoria’s Secret Says Cyber Incident Led to Temporary Website Shut Down
Victoria’s Secret on Tuesday disclosed that a security incident relating to its information technology systems had led it to temporarily shut down its website for a few days last week. The company said it shut down corporate systems and e-commerce …
Alberta Wildfires Shut About 7% of Canada’s Oil Production
Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy crude production — about 7% of the country’s output — as a major blaze near the province’s eastern border menaces oil sands operations. Cenovus …