Today's Insurance News

Automatic updating insurance news with the latest trends and ideas in the insurance industry.

People Moves: NFP Adds Two to Benefits Team After Buying Their Businesses
Posted on Tuesday October 07, 2025

NFP, an Aon company, added two new benefits leaders, Mark Carroll and Bill Schmidt, and their respective books of business. Carroll and Schmidt will each join as vice president, Benefits, in NFP’s Atlantic region. They are based in northern Virginia …

New MGU Hill Country Underwriters Launches for Artisan Contractors in Texas
Posted on Tuesday October 07, 2025

Hill Country Underwriters, a managing general underwriter (MGU) providing casualty insurance for artisan contractors, launches today with a General Liability and Inland Marine product for artisan trade contractors in Texas. The new offering, tailored for contractors in specialty construction trades, …

Nebraska Officials are Targeting Voter-Approved Medical Marijuana
Posted on Tuesday October 07, 2025

Nebraska officials missed a deadline this week granting licenses to marijuana growers as part of a voter-approved measure that legalized medical marijuana, offering the latest example of pushback in Republican-led states against efforts to legalize the drug. “How many times …

Texas Stock Exchange Receives Federal Approval
Posted on Tuesday October 07, 2025

The Texas Stock Exchange last week crossed its latest hurdle toward becoming a direct competitor to the dominance of the New York Stock Exchange and the Nasdaq. The announcement that the U.S. Securities and Exchange Commission had approved the Dallas-based …

ALDOI to Hold Hearing on Planned ProAssurance Merger with FD Insurance
Posted on Tuesday October 07, 2025

The Alabama Department of Insurance will hold a public hearing next week on the proposed merger of a ProAssurance unit and FD Insurance – the latest of many financial moves for both companies in the last decade. ProAssurance Indemnity Co., …

People Moves: Holmes Murphy Names Anderson Sioux Falls Employee Benefits Sales Leader
Posted on Tuesday October 07, 2025

Holmes Murphy, headquartered in Waukee, Iowa, hired Jordan Anderson as vice president and employee benefits sales leader in its Sioux Falls, South Dakota, office. Anderson will focus on helping Holmes Murphy deepen its client relationships, drive growth in the Sioux …

J&J Must Pay $966M After LA Jury Finds Company Liable In Talc Cancer Case
Posted on Tuesday October 07, 2025

A Los Angeles jury late on Monday ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause cancer. …

Will Airport Runway Close Calls Spur Wider Adoption of Cockpit Alert Technology?
Posted on Tuesday October 07, 2025

As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: “Traffic on runway! Traffic on runway!” Seconds later, the same warning popped up on the navigation display. It prompted the pilot to abort the …

Construction Supervisor on Maryland Projects Admits to Stealing Wages
Posted on Tuesday October 07, 2025

A York, Pennsylvania construction supervisor pleaded guilty to participating in a scheme that defrauded construction workers of wages on University of Maryland projects, officials have reported. According to Maryland Attorney General Anthony G. Brown, a judge in the Circuit Court …

Georgia Man Indicted After Fishing Tournament Boat Crash That Killed 3 in Alabama
Posted on Tuesday October 07, 2025

A Georgia man has been indicted on manslaughter charges in Alabama after an April boat wreck during a professional fishing tournament killed three people and injured two others. Flint Andrew Davis, 22, was indicted Thursday in Cullman County on three …

All Injured in Deadly NC Waterfront Bar Shooting Released from Hospital
Posted on Tuesday October 07, 2025

All six people hospitalized after a coastal North Carolina shooting last weekend that left three dead at a waterfront bar have been released, officials announced Friday. Southport officials initially said five people were wounded in the rifle attack on the …

M&A Settlements in Delaware Chancery Court Have Increased Substantially: Cornerstone
Posted on Tuesday October 07, 2025

The number and total aggregate amount of settlements in merger and acquisition (M&A)-related lawsuits in the Delaware Court of Chancery have increased substantially since 2019, with the total aggregate settlement amount exceeding $600 million in 2024, according to a report …

Markets/Coverages: HSB Launches Cyber Risk Solution for SMEs in UK and Ireland
Posted on Tuesday October 07, 2025

Specialist engineering and technology insurer, HSB, has launched a cyber insurance and incident response solution specifically designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million (US$13.5 million). HSB CyberPro provides comprehensive …

Charlie Javice Duped JPMorgan Out of $175 Million. The Bank Is Picking Up Her Legal Tab
Posted on Tuesday October 07, 2025

JPMorgan Chase & Co. was hit with $115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street. The defense tab, revealed …

People Moves: Arch Insurance Int’l Taps Beazley’s Reid as Head of Business Solutions; Allianz Commercial Promotes Raven as Head of Large Corporate Liability in UK
Posted on Tuesday October 07, 2025

This edition of International People Moves details appointments at Arch Insurance International and Allianz Commercial. A summary of these new hires follows here. Arch Insurance Int’l Taps Beazley’s Reid as Head of Business Solutions Arch Insurance International announced the appointment …