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News Archives - Insurance Journal

WSJ Wins Dismissal of Trump’s $10 Billion Defamation Suit
A federal judge threw out Donald Trump’s renewed $10 billion defamation lawsuit against the Wall Street Journal and ruled that it can’t be filed again, marking another setback for the president’s legal fights with the press. Judge Darrin Gayles in …

POSTED NOVEMBER 02, 2026 6:21 AM
AIG Agrees to Acquire Everest Chile, Completes Purchase of Everest Colombia
American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group Ltd.’s insurance subsidiary in Chile. AIG also announced the completion of its previously announced acquisition of Everest Compañía de Seguros Generales Colombia S.A. (Everest …

POSTED NOVEMBER 02, 2026 6:15 AM
Cathay Pacific Joins Growing List of Airlines Hit by Data Breach
Hong Kong’s Cathay Pacific Airways Ltd. said it had joined a growing list of global airlines affected by a data breach at a major software provider. Cathay said around 53,000 bookings were affected by unauthorized access to reservation data held …

POSTED NOVEMBER 02, 2026 6:05 AM
US Court Reinstates ‘Sunday Ticket’ Class Action Verdict Against NFL
A US federal appeals court on Friday reinstated a jury’s verdict against the National Football League in an antitrust lawsuit claiming it overcharged subscribers to its Sunday Ticket game telecasts for more than a decade, but said the league can …

POSTED NOVEMBER 02, 2026 6:04 AM
Agency Back in Litigation Brought by Alabama Boat Dealer Over Unearned Premiums
An Alabama insurance agency cannot yet escape a boat dealer’s claim that the agency failed to refund thousands of dollars after coverage was canceled in 2023, the state Supreme Court said in a recent decision. McCarron Insurance Group, an independent …

POSTED NOVEMBER 02, 2026 6:02 AM
When the Meter Says Wet but the Ceiling is Dry: A Guide for Adjusters and Inspectors
Property insurance claim reviewers and engineers frequently encounter a forensic anomaly: A mitigation contractor reports a roof leak, logs ceiling moisture readings of 40%, 60%, or 80%, drills a line of holes into the drywall, and runs mechanical drying equipment …

POSTED NOVEMBER 02, 2026 6:02 AM
Fire at Oregon Seafood Plant Forced Evacuations Over Ammonia Exposure Fears
Residents and visitors in a small coastal city in Oregon were evacuated last week when a fire erupted at a seafood production plant and it was feared ammonia tanks could rupture and send dangerous amounts of the chemical into the …

POSTED NOVEMBER 02, 2026 6:00 AM
Weekend Storm Leaves California, Causes Flooding in Areas of Arizona
A Pineapple Express weather system brought rains to Southern California on Halloween, then moved to Arizona on Sunday, where between 2 inches to 6 inches of rain caused some flooding. AccuWeather meteorologists say another system is on its way to …

POSTED NOVEMBER 02, 2026 6:00 AM
Pennsylvania Public Adjuster Law Adds Cap on Fees, Bans Ties With Contractors
Pennsylvania Governor Josh Shapiro signed House Bill 1972 into law, updating the state’s public adjuster law by capping adjusters’ fees, requiring pre-contract disclosures, prohibiting kickbacks from contractors, and strengthening licensing enforcement. The new law provides stronger protections for homeowners, businesses, …

POSTED NOVEMBER 02, 2026 6:00 AM
Binance Restarts Withdrawals as Questions Linger on Record Hack
Binance began restoring customer withdrawals Sunday after hackers drained over $6 billion in the biggest cyber theft ever recorded, as the crypto industry awaits answers on the breach blamed on North Korea and steps to strengthen the exchange’s defenses. The …

POSTED NOVEMBER 01, 2026 12:40 PM

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