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News Archives - Insurance Journal
American Farmers Shun USDA Surveys as Trust in Data Erodes
American farmers are ignoring US Department of Agriculture surveys in the latest sign of distrust in government data. Reply rates for the USDA’s annual prospective planting report sank in March to a record low, with just over a third of …
POSTED MAY 04, 2026 4:50 PM |
Massive Explosion at NYC Home Sends Police Officers Flying
A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and …
POSTED MAY 04, 2026 4:38 PM |
Kansas Man Sentenced for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Wyandotte County man has been sentenced to 16 months in prison for insurance fraud. Christopher Dunn, aged 33, pleaded guilty on March 2, 2026, in Wyandotte County District Court to one felony count …
POSTED MAY 04, 2026 4:33 PM |
Westcap Launches Excess Liability Product
Westcap Insurance Services announced the launch of its new Excess Liability product, further enhancing its ability to deliver comprehensive risk solutions to clients in the construction and manufacturing sectors. The new offering is designed to complement existing coverages by providing …
POSTED MAY 04, 2026 4:28 PM |
Study Suggests Federal Action to Realize Insurance Savings
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
POSTED MAY 04, 2026 4:13 PM |
UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial
Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday [May 1] in the English leg of the companies’ global licensing dispute. ZTE has brought …
POSTED MAY 04, 2026 2:44 PM |
New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
POSTED MAY 04, 2026 2:36 PM |
Oliver Wyman to Acquire Restructuring Specialist CR3 Partners
Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …
POSTED MAY 04, 2026 2:31 PM |
Most Are Overcharged for Property Insurance, Vanderbilt Study Says
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
POSTED MAY 04, 2026 1:42 PM |
United Jet Hits Truck and Light Pole on Turnpike in Landing at Newark Airport
A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …
POSTED MAY 04, 2026 11:44 AM |
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