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News

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
  1. A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. The decision potentially limits the rights of tens of millions of employees. The justices, voting 5-4 along …
  2. The family of a mentally ill man who died after Milwaukee, Wis.-area police officers used a stun gun on him has filed a federal civil rights lawsuit against the Village of West Milwaukee. The Milwaukee Journal Sentinel reported the family …
  3. Louisiana will not be enacting a ban on hand-held cellphone use while driving. A House-backed proposal stalled in the Senate, and the regular session ended Friday without action on the bill, killing it. Rep. Mike Huval, a Breaux Bridge Republican, …
  4. Officials say a gas leak caused an explosion and brief flash fire at a chemical plant near Houston, Texas, resulting in non-life threatening injuries to nearly two dozen workers. Kuraray America says in a news release that ethylene escaping from …
  5. Brian Benjamin, a longtime insurance executive with experience in professional liability lines, has joined Zurich North America as head of Management Solutions. Benjamin will be accountable for the performance of the Management Solutions Group (MSG) unit, which is part of …
  6. The California Senate has approved legislation that seeks to clarify homeowners’ insurance coverage following deadly mudslides near Santa Barbara. Insurance policies generally cover damage caused by fires but not by mudslides. That creates confusion in cases like the mudslides in …
  7. PG&E Corp. suffered another legal setback with a judge saying he won’t release the company from a key legal claim over the most destructive wildfires in California history. PG&E has been challenging a California law allowing private property owners to …
  8. The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over year to $1.8 billion, and policies in force jumped 24 percent to 2.6 million, according to an A.M. Best special …