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News Archives - Insurance Journal

Typhoon Deaths Climb in Philippines as It Braces for New Storm
Typhoon Kalmaegi killed at least 66 people in the Philippines with dozens more missing, an official said on Wednesday, as the country braces for a new storm. The deadliest typhoon to hit the Southeast Asian nation this year also displaced …

POSTED NOVEMBER 05, 2025 8:31 AM
Global Funds Add to Warnings of Risks in Private Credit
From global banks to alternative fund managers, more senior financiers are joining a growing chorus warning of cracks in private credit. TCW Group Inc.’s Chief Executive Officer Katie Koch told a forum in Hong Kong on Wednesday that she’s “very …

POSTED NOVEMBER 05, 2025 8:02 AM
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch
UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month. The meeting, whose attendees …

POSTED NOVEMBER 05, 2025 7:43 AM
Top FDA Drug Regulator Leaves, Agency Cites Personal Conduct
The US Food and Drug Administration’s lead drug regulator George Tidmarsh resigned two days after being placed on administrative leave over personal conduct concerns, according to the US Department of Health and Human Services. The resignation comes the same day …

POSTED NOVEMBER 05, 2025 6:30 AM
Ga. Court: Ambulance Chasing Not a RICO Claim But Fake Immigrant Papers Might Be
The Georgia Court of Appeals this week handed down multiple decisions, three of which could indirectly affect property and liability insurance coverage in the state for years to come. In a case over a deliberately set Atlanta apartment complex fire …

POSTED NOVEMBER 05, 2025 6:01 AM
New York State Report Calls Weather Consequences ‘Dire and Growing’
Severe weather events are increasing in New York and certain types of events, including thunderstorm-related damaging wind and flash flooding, are also increasing, according to a new report from State Comptroller Thomas P. DiNapoli. Since 1998, New York State has …

POSTED NOVEMBER 05, 2025 6:00 AM
Sling TV Settles with California AG for $530K for Privacy Act Violations
Sling TV LLC and Dish Media Sales LLC, a streaming service, have agreed to pay $530,000 to settle allegations that the company violated the California Consumer Privacy Act by failing to provide an easy method for consumers to stop the …

POSTED NOVEMBER 05, 2025 6:00 AM
AIG General Insurance Underwriting Income Up 81% in Q3
Third quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million. The unit—North America commercial, International commercial, and global personal—recorded $100 million in catastrophe-related charges in Q3 2025, compared …

POSTED NOVEMBER 05, 2025 5:03 AM
Afore Begins Virginia Expansion With Acquisition of Norfolk’s Salzberg Agency
Afore Insurance Services, LLC announced its acquisition of Salzberg Insurance Agency in Norfolk, Virginia, a firm with an 87-year history of serving the Hampton Roads business community. Terms were not disclosed. Under the agreement, Salzberg will operate as part of …

POSTED NOVEMBER 04, 2025 7:00 PM
Louisiana Bar Association Selects ORLSI as Lawyers Malpractice Insurance Provider
The Louisiana State Bar Association (LSBA) has selected Old Republic Lawyers Specialty Insurance (ORLSI) as its endorsed lawyer’s malpractice insurance provider. Through its partnership with ORLSI, the LSBA Insurance Program now offers enhanced policy coverages and better program perks. These …

POSTED NOVEMBER 04, 2025 5:13 PM

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