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News Archives - Insurance Journal

Settlement Approved for New Orleans Archdiocese to Pay Hundreds of Abuse Victims
he New Orleans Archdiocese will pay at least $230 million to hundreds of victims of clergy sexual abuse under a settlement approved Monday by a federal judge that follows years of negotiations. Richard Trahant, an attorney representing victims in the …

POSTED DECEMBER 10, 2025 3:54 PM
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims
Liability risks for small businesses have shifted over the last decade, with fire and slip-and-falls becoming more expensive while water and freezing damage claims are now the most common type of claim. The Hartford analyzed more than one million small-business …

POSTED DECEMBER 10, 2025 3:42 PM
Markets/Coverages: MGA Navium Launches Consortium for Pre-Launch Satellite Risks
Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s Pine Walk platform, announced the launch of the “Constellation Consortium,” which it described as “the largest satellite pre-launch consortium in the Lloyd’s market.” With the global satellite sector continuing …

POSTED DECEMBER 10, 2025 3:33 PM
FEMA Adds Another $33M for Helene Recovery in North Carolina
The Federal Emergency Management Agency announced another $33 million in Hurricane Helene recovery projects in North Carolina, bringing the agency’s total spending on public assistance grants since the storm to more than $1 billion. The funding is on top of …

POSTED DECEMBER 10, 2025 3:32 PM
Michigan Reports Finds 2019 Auto Reform Reduced Insurance $357
The Michigan Department of Insurance and Financial Services this month released a report on the impact of the state’s 2019 auto insurance reform and found cost was reduced an average of $357 per vehicle. “In 2019, Democrats and Republicans in …

POSTED DECEMBER 10, 2025 3:21 PM
Reuters: Ben & Jerry’s Board Chair Won’t Resign as Pressure Mounts From Unilever Unit
The chair of Ben & Jerry’s independent board said she has no plans to resign as Unilever pressured her ahead of Monday’s public spinoff of its Magnum ice cream division, which will include the Vermont-based brand. Magnum, a longtime division …

POSTED DECEMBER 10, 2025 3:16 PM
Disney’s New Disability Access Policies Are Too Restrictive, Lawsuit Contends
Changes that Disney made to a popular program that lets qualifying disabled people skip long lines at its California and Florida theme parks are too restrictive, disabled fans contend in a federal lawsuit and shareholder proposal that seek to expand …

POSTED DECEMBER 10, 2025 3:06 PM
Texas Plan to Stop Parasitic Fly From Destroying Cattle Population Is Not Complete
As Mexican officials battle the spread of New World Screwworm, Texas officials are still working to finalize a response plan that would be enacted should the parasitic fly spread into the state. Texas lawmakers questioned state and federal officials on …

POSTED DECEMBER 10, 2025 2:51 PM
US Slaps New Charges on Ukrainian Over Russian Cyberattacks
The US Department of Justice unveiled additional charges against a Ukrainian woman accused of supporting Russian state-backed cyberattacks against critical infrastructure. Victoria Eduardovna Dubranova, 33, was indicted on Tuesday over her alleged links to a Moscow-sponsored group, the DOJ said …

POSTED DECEMBER 10, 2025 2:37 PM
Massachusetts Asks Judge to Block Kalshi From Operating Sports-Prediction Market
addictioA Massachusetts judge on Tuesday questioned whether prediction-markets operator Kalshi could legally offer the state’s residents the ability to place financial bets on something as “trivial” as who wins sporting events without running afoul of gaming regulators. Suffolk County Superior …

POSTED DECEMBER 10, 2025 1:50 PM

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