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News Archives - Insurance Journal

World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
In the opening scene of American writer Kim Stanley Robinson’s “The Ministry for the Future,” a heat wave combined with a breakdown of the electrical grid in India kills 20 million people. The devastation causes the world’s nations to unite …

POSTED AUGUST 26, 2026 5:08 AM
Comments Due Soon on What Goes on WV Surplus Lines Export List
West Virginia stakeholders have until Sept. 11 to submit comments on what should or should not be on the state’s export list of coverages that can be placed with surplus lines insurers. The Offices of the Insurance Commissioner annually revises …

POSTED AUGUST 26, 2026 5:02 AM
Chronic Traumatic Brain Damage Widespread in Former NFL Athletes
Almost every former National Football League player who died between 2016 and 2021 and allowed their brains to be evaluated were found to have chronic traumatic encephalopathy, stark evidence of the toll repeated head impacts can take on athletes. Researchers …

POSTED AUGUST 26, 2026 5:00 AM
JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals
JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. In cases against financial advisers, shareholders have …

POSTED AUGUST 26, 2026 5:00 AM
King Risk Partners Expands in New York With Norton and Siegel
King Risk Partners announced it has acquired the independent insurance agency Norton and Siegel in New York. Established in Babylon Village on the South Shore of Long Island in 1892, Norton and Siegel is a multigenerational agency offering personal and …

POSTED AUGUST 26, 2026 5:00 AM
Agents Alliance Opposes California FAIR Plan Commission Reductions
The American Agents Alliance is coming out against commission reductions announced by the California FAIR Plan that will lower compensation for independent insurance brokers. The FAIR Plan is reducing commissions from 10% to 7% on affected new business beginning October …

POSTED AUGUST 26, 2026 5:00 AM
NJ High Court Removes National Boys and Girls Club From Child Sex Abuse Case
The New Jersey Supreme Court recently ruled 5-2 that sex abuse allegations brought under the state’s child victims act cannot proceed against the national Boys and Girls Clubs of America (BGCA). The high court majority dismissed nine claims against BGCA …

POSTED AUGUST 26, 2026 5:00 AM
California Lawmakers to Oppose Limits on Insurance Fire Claims
California lawmakers are lining up against Gov. Gavin Newsom’s push to rewrite how the state assigns financial responsibility for wildfires sparked by equipment owned by publicly traded utilities. A plan backed by Democrats in the state Senate wouldn’t limit insurers …

POSTED AUGUST 26, 2026 5:00 AM
Deloitte to Pay $21.5 Million to Settle US Probe Over DEI
Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a …

POSTED AUGUST 26, 2026 12:25 AM
Google Expands Gemini Enterprise AI Platform for Law Firms, Lawyers
Alphabet’s Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI. The company said its Gemini Enterprise for Legal …

POSTED AUGUST 25, 2026 4:52 PM

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