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News Archives - Insurance Journal

State Farm Files for Auto Rate Decrease, Homeowners Rate Increase in Louisiana
More than one million State Fam auto insurance policyholders in Louisiana should see a decrease in premiums in 2026, as Insurance Commissioner Tim Temple approved the carrier’s request for a 5.9% average rate decrease. State Farm is the largest personal …

POSTED DECEMBER 12, 2025 3:41 PM
South Carolina’s Abandoned Nuclear Plants Could be Revived as Firm Offers $2.7B
South Carolina’s stalled nuclear power project could finally finish construction as a private company has offered to pay $2.7 billion to the state-owned utility and a small share of the power if they can reach an agreement to get the …

POSTED DECEMBER 12, 2025 3:31 PM
Climate Change Is Straining Alaska’s Arctic, But A Mining Road May Push It Past The Brink
Ice blocks drift past Tristen Pattee’s boat as he scans the banks of Northwest Alaska’s Kobuk River for caribou. His great uncle Ernest steadies a rifle on his lap. It’s the last day of September, and by every measure of …

POSTED DECEMBER 12, 2025 3:13 PM
Connecticut Builder Charged With Being Workers’ Compensation Scofflaw
The owner of a Connecticut construction firm has been arrested and charged with failing to provide the required workers’ compensation insurance coverage for employees as required by law. According to the state’s Division of Criminal Justice, Lou Milardo, , the …

POSTED DECEMBER 12, 2025 2:56 PM
Trump Signs Order Seeking to Limit State-Level AI Regulation
President Donald Trump signed an order aimed at thwarting state-level regulation of artificial intelligence through lawsuits and funding cuts, handing a win to tech industry leaders who’ve pressed for preemption of local rules. Trump said the measure was necessary to …

POSTED DECEMBER 12, 2025 2:55 PM
What to Expect in 2026: US P/C Results More Like 2024
With premium growth slowing to around 3% or 4%, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chris Grimes, both …

POSTED DECEMBER 12, 2025 1:23 PM
Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration
We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …

POSTED DECEMBER 12, 2025 1:16 PM
Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans
Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …

POSTED DECEMBER 12, 2025 12:33 PM
People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS Taps LSM’s Edwards as Head of Delegated Strategy, Global Mkts
This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability DUAL Europe, the managing …

POSTED DECEMBER 12, 2025 12:12 PM
Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat
Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …

POSTED DECEMBER 12, 2025 11:21 AM

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