INSURANCE NEWS
Louisiana Parish Cleared of Violating Environmental Activist’s Freedom of Speech
Louisiana parish officials who threatened to arrest and imprison an environmental activist as she attempted to speak during a public meeting did not violate her right to freedom of speech, a unanimous civil jury ruled Wednesday. Joy Banner had sought …
Lawsuit Alleges City Failed to Protect Revelers in New Orleans Truck Incident
A group of victims of the New Orleans New Year’s Day terror attack have filed suit against city officials and contractors, saying they failed to protect revelers from a “preventable” truck ramming incident that killed 14 people and injured dozens. …
Minneapolis Pays $600K Settlement in Excessive Force Lawsuit with Ex-Officer Chauvin
The city of Minneapolis has agreed to pay $600,000 to settle a lawsuit by a woman who alleged that ex-Officer Derek Chauvin hauled her from her minivan and pinned her to the ground with his knee in January 2020, just …
Gallagher Bassett Buys London-Headquartered W K Webster & Co.
Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. Terms of the transaction were not disclosed. W K Webster specializes in marine and transit claims …
Miller Agrees to Acquire AHJ Holdings
Miller, the London-based specialist re/insurance broker, announced it has agreed to acquire AHJ Holdings Ltd., the ultimate parent company of Alwen Hough Johnson Ltd. and AHJ Europe AS. The acquisition is expected to close in Q2 2025, subject to normal …
LinkedIn Lawsuit Over Use of Customer Data for AI Models Is Dismissed
A proposed class action accusing Microsoft’s LinkedIn of violating the privacy of millions of Premium customers by disclosing their private messages to train generative artificial intelligence models has been dismissed. The plaintiff Alessandro De La Torre on Thursday filed a …
The Hartford Sees Q4 Net Income Rise 11%, Strengthens GL Reserves
Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in commercial and personal lines. Net income attributable to shareholders went up 24% for the year to $3.1 billion. Property/casualty net …
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating
Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating regional and specialty insurers. As previously reported by Insurance Journal, …
Amid Clean up From LA Wildfires, Some Residents Furious Over Hazardous Waste
Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said. Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a new potential …
New York Recovers $11 Million in Stolen Cars and Parts, Lost Titles
The New York State Department of Motor Vehicles said it helped consumers recover more than $11 million in stolen vehicles, stolen parts, services and lost titles, in 2024. According to the DMV, it recovered 303 stolen vehicles — valued at …
Pilots Have Long Worried About DC’s Complex, Congested Airspace
The airspace around Washington, D.C., is congested and complex — a combination aviation experts have long worried could lead to catastrophe. Those fears materialized last Wednesday night when an American Airlines plane collided with a military helicopter, taking the lives …
Australia Urges Residents in Northeast to Evacuate on Flood Risk
Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the risk of a flood disaster in the area. Some parts of the north in Queensland state have had more than …