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News Archives - Insurance Journal

Texas Sues Dow, Alleging Water Pollution Violations at Chemical Plant
The Texas Attorney General’s office filed a lawsuit last week against Dow Chemical Co., North America’s largest chemical manufacturer, describing hundreds of water pollution violations from its industrial complex on the rural Gulf Coast in Seadrift. While the state’s 46-page …

POSTED FEBRUARY 19, 2026 4:09 PM
District of Columbia Seeks Federal Help for Potomac River Sewage Spill
District of Columbia Mayor Muriel Bowser has requested federal support as the region continues to deal with a January 19 pipe break that sent sewage flowing into the Potomac River northwest of Washington. Bowser has asked for a Presidential Emergency …

POSTED FEBRUARY 19, 2026 4:07 PM
Georgia Supreme Court Disbars Workers’ Comp Attorney for Taking Client Funds
The Georgia Supreme Court this week disbarred a workers’ compensation claimants’ attorney after in investigation alleged that he had forged clients’ signatures and kept almost $160,000 in settlement proceeds for his own use. Bryan Matthew Pritchett, of Chamblee, had been …

POSTED FEBRUARY 19, 2026 3:28 PM
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
Insurtech Lemonade reported a fourth quarter 2025 net loss of about $21.7 million compared with a loss of about $30 million during the same time in 2024. Revenue and gross profit increased 53% and 73%, respectively, versus Q4 2024. However, …

POSTED FEBRUARY 19, 2026 3:00 PM
Edison Is Slashing Top Executive Bonuses After Deadly LA Fire
Edison International is cutting top executive bonuses by 40% to reflect the impact of the devastating Los Angeles-area wildfire that killed 19 people and damaged or destroyed more than 10,000 structures. The decision follows a hard season for Edison’s Southern …

POSTED FEBRUARY 19, 2026 2:22 PM
Palantir Gets Partial Win in Fight With Ex-Workers at AI Startup
A judge agreed with Palantir Technologies Inc. that a trio of former employees likely violated confidentiality and non-solicitation agreements in founding their artificial intelligence startup but stopped short of halting their work at the new company, Percepta. Palantir sued Percepta …

POSTED FEBRUARY 19, 2026 1:44 PM
Markets/Coverages: BluNiche Launches Pharmaceutical Product Recall Insurance
BluNiche, the London-based product recall specialist MGA, announced the launch of its Pharmaceutical Recall Insurance product, expanding its portfolio to provide dedicated coverage for the pharmaceutical sector. The new offering provides comprehensive recall protection for pharmaceutical companies, contract manufacturers, contract …

POSTED FEBRUARY 19, 2026 1:03 PM
India to Decide on Russia Oil Tanker Insurance Firms Within Days
The Indian government must decide in the next few days whether to keep allowing a handful of Russian companies to insure tankers when they deliver oil to the Asian nation. The process comes at a time when New Delhi is …

POSTED FEBRUARY 19, 2026 11:44 AM
Update: UK Floods Raise Specter of ‘Mortgage Prisoners’ for Banks
As the prospect of flood damage haunts an ever larger number of UK homes, the country’s banks are under growing pressure to prove they’re not underestimating the risk in their mortgage books. Nationwide Building Society — once seen as an …

POSTED FEBRUARY 19, 2026 11:06 AM
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley
Zurich Insurance Group AG’s profit rose to a record in 2025, giving Chief Executive Officer Mario Greco a tailwind as he pursues the acquisition of Beazley Plc. Group operating profit rose to $8.9 billion in the year, the company said, …

POSTED FEBRUARY 19, 2026 10:41 AM

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