Industry updates

Insurance News & Industry Updates

The latest from the insurance industry — regulatory changes, market trends, and coverage news that may affect your policies.

Insurance Journal

Snap Finalizing Settlement to Avoid LA Trial on Addiction Claims

Snap Inc. is finalizing a settlement in a lawsuit filed by two teenagers who say years of compulsive scrolling and posting on the company’s photo-sharing app contributed to their mental health struggles, according to attorneys for the plaintiffs. The agreement, …

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Insurance Journal

Houston Businessman Sentenced in Arson-For-Hire Scheme

A Houston businessman has been ordered to federal prison for conspiring to commit arson of a commercial building, the U.S. Attorney’s Office, Southern District of Texas announced. Lyndell Leroy Price, 44, was ordered to serve 105 months in federal prison …

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Insurance Journal

Vanguard Claims Administration Acquires Missouri’s Gibson

Vanguard Claims Administration has acquired the business of Gibson & Associates Professional Claims Management, Inc., a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. The transaction closed on Oct. 30, 2026. G

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Insurance Journal

People Moves: Brennan Joins Alliant Midwest Benefits Team

Dave Brennan has joined Alliant Insurance Services as senior vice president within its employee benefits group. He will work with employers throughout the Midwest to develop strategic benefits programs that maximize value, address evolving workforce needs, and support broader fin

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Insurance Journal

Marsh Acquires Marine and Yacht Specialist Triton Agency

Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob Peck, CEO of Triton Insurance Agency, and the …

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Insurance Journal

Chevron Keeps Microsoft Data Center Plan Despite Texas Pause

Chevron Corp. expects to power up a Microsoft Corp. data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits. The energy company is working on permitting, engineering work and financing, Chevron Chief Financial &#82

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Insurance Journal

Arch Insurance North America Acquires Premier Dealer Services

Arch Insurance North America has entered into an agreement to acquire Premier Dealer Holding Corp., and its subsidiaries including Premier Dealer Services (PDS), a Dublin, Ohio-based provider of automotive Finance and Insurance (F&I) products and services. The acquisition, up

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Insurance Journal

Plymouth Rock Snags Awards at NJ Insurance Fraud Investigators Show

Insurer Plymouth Rock took home three awards at the New Jersey Special Investigators Association (NJSIA) annual insurance fraud conference recently. The NJSIA conference brings together special investigations units (SIUs), claim professionals, and law enforcement for training and

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Insurance Journal

Viewpoint: Money for Crop Insurance, Money for Farmers

Precisely two weeks prior to the November 3 midterm elections, the administration announced the creation of a new government program for farmers, the US Department of Agriculture’s “Harvest Fuel Relief Program.” This provides $8 billion in federal subsidies to farmers, …

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Insurance Journal

Data Center Restrictions Make the Ballot in Dozens of US Cities

Voters in dozens of US counties and cities will soon have the chance to help enact policies that would slow down the development of data centers. Municipalities from Nevada to Georgia are giving residents an opportunity to vote for policies …

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Life Happens

Life Insurance: 5 Signs You Might Be Underinsured

How much life insurance is enough? That’s a question whose answer can change significantly over your lifetime, and an important one to answer correctly.

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Life Happens

Join Life Happens’ 2024 Insure Your Love Facebook Chat

Join us for the Insure Your Love Facebook Chat on Thursday, February 15, 2024, at 1 p.m. E. We’ll discuss all things life insurance and love!

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Life Happens

Preparing for the Unpredictable: A Checklist for Evaluating Long-Term Care Insurance Options

With many options available for long-term care insurance, making the right choice can feel overwhelming. Use this checklist to help you evaluate and take that next step toward getting coverage.

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Life Happens

How End-of-Life Planning Can Ease Financial Concerns

Taking a proactive approach to end-of-life planning can help ease the burden on your family and support a smoother transition.

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Life Happens

Why Would I Need to Get Life Insurance for My Child?

It can sound unnecessary or even a little morbid, but child life insurance offers an array of benefits, including financial planning and future insurability for your child.

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Life Happens

Single Parents: Don’t Leave Your Children’s Future to a Crowdfunding Site

More than a quarter of single parents surveyed (28%) say they’d let others raise money on a crowdfunding site to provide for their children if something happened to them.

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Life Happens

Why Do I Need to Review My Life Insurance Annually?

Some things can take a “set-and-forget” approach, but your life insurance shouldn’t be one of them! Reviewing your life insurance annually is a smart choice.

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