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News Archives - Insurance Journal

3M Commits $7.35 Billion to Settle PFAS-Related Claims
3M Co. is committing $7.35 billion over nine years to settle litigation related to its use of chemicals known as PFAS. The company said the commitment would address almost all of the 115,000 to 120,000 personal injury claims that are …

POSTED NOVEMBER 04, 2026 1:07 PM
European Supermarkets Rush to Patch Vulnerabilities After Region-Wide Fridge Hack
European supermarkets targeted in a second wave of cyberattacks that cranked up fridge and freezer temperatures were rushing on Tuesday to upgrade their systems and protect themselves against further hacking attempts. Stores in eight European countries were forced to throw …

POSTED NOVEMBER 04, 2026 12:01 PM
South Africa’s Kruger Park Faces Flood-Repair Funding Gap
South Africa’s iconic Kruger National Park faces a substantial funding shortfall to repair severe flood damage, restricting visitor numbers. The vast wildlife reserve, a popular international tourist destination and home to critically endangered species such as the black rhinoceros, suffered …

POSTED NOVEMBER 04, 2026 11:36 AM
People Moves: Resilience Makes Underwriting, Distribution Promotions; Duhart Now Specialty CUO of HDI Global US
Resilience, headquartered in San Francisco, promoted Chris Pitcher to head of North America underwriting strategy and operations and Alex Carleton to U.S. distribution leader. Pitcher joined Resilience in 2025 and most recently served as senior vice president of enterprise underwriting …

POSTED NOVEMBER 04, 2026 6:12 AM
Idaho Man Sentenced for Insurance Fraud for Raft He Never Owned
A Kuna, Idaho, man was sentenced to a stint in jail and probation for insurance fraud involving a claim for a whitewater raft that he did not own. Justin Moss filed a claim for more than $17,000 from Progressive Insurance …

POSTED NOVEMBER 04, 2026 6:00 AM
EPIC Acquires High Net Worth Firm Randall Insurance in California
EPIC Insurance Brokers & Consultants acquired E. Broox Randall & Sons Inc. in Los Angeles. The acquisition expands EPIC’s Private Client practice and commercial insurance operations in Southern California. Randall Insurance was founded in 1922 by E. Broox Randall and …

POSTED NOVEMBER 04, 2026 6:00 AM
Connecticut Approves 4.9% Workers’ Compensation Decrease for 2027
The Connecticut Insurance Department has approved decreases in workers’ compensation rates for employers starting January 1, 2027. The voluntary market loss costs will decrease -4.9% overall, while assigned risk plan rates will go down -5.8% overall. The changes reflect the …

POSTED NOVEMBER 04, 2026 6:00 AM
AIG’s General Insurance Q3 Underwriting Income Down 29%
Third quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment decreased nearly 30% compared with the prior year, to $564 million. Insurance financial results for Q3 included catastrophe losses of $283 million, and increase over the $100 …

POSTED NOVEMBER 04, 2026 5:34 AM
Trump Says More FEMA Aid Is Coming to Texas After 2026 Floods
President Donald Trump pledged to provide more federal aid to Texas flood victims after the Federal Emergency Management Agency denied the state’s initial request to help individuals recovering from widespread floods in July. The flooding swept through portions of southwest …

POSTED NOVEMBER 03, 2026 5:52 PM
Michigan Health Care Provider to Pay $41K in Race Discrimination Lawsuit
Mid-Michigan Home Health & Hospice, L.L.C., a private in-home health care provider to clients throughout central Michigan, will pay $41,137 and provide other relief to settle a race discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission …

POSTED NOVEMBER 03, 2026 5:20 PM

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