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A federal appeals court recently ruled in favor of two major insurers, deciding they don’t have to defend or pay claims for a firearms retailer facing lawsuits over the sale of unfinished gun kits. The case focused on Primary Arms, a Texas-based business accused of selling firearm parts designed to bypass federal regulations. The decision … Read more

An Illinois appeals court recently revived a lawsuit over uninsured motorist coverage after ruling that the insurance company’s policy language was too unclear to limit the time to file a claim. The case involves a 2015 rear-end collision in Leyden Township where an uninsured driver struck a state snowplow. Carlos E. Garcia, the snowplow operator … Read more

Excavation sites can turn dangerous quickly when flooding occurs, especially in trenches between five and 15 feet deep where many accidents happen. A single hit to a water main or unmarked sewer line can flood a site fast, putting workers at risk and stopping the whole project. Tanner Webb, a construction underwriter at Central Insurance, … Read more

Two construction workers in New York City have taken legal action after falling ill with Legionnaires’ disease while working at separate sites near Harlem Hospital. Nunzio Quinto and Duane Headley were hospitalized in July following exposure linked to contaminated cooling towers in a nearby building complex. These towers use water and fans to cool the … Read more

Stonetrust Commercial Insurance Company, a workers’ compensation insurer based in Baton Rouge, has received an upgrade in its financial strength and credit ratings from AM Best. The rating was raised from A– (Excellent) to A (Excellent), signaling growing confidence in the company’s stability and performance. Stonetrust provides workers’ compensation coverage to over 5,000 policyholders across … Read more

Farmers Insurance recently revealed that over one million of its customers may have had their personal information exposed in a data breach linked to a third-party vendor. The company alerted Maine’s Attorney General in a notification detailing the incident, which involves about 1,071,172 policyholders. The issue came to light on May 30, 2025, when the … Read more

Brenda Austenfeld has been honored with a place in the IBA Hall of Fame, recognizing her significant contributions to the insurance industry. In a recent appearance on Insurance Business TV, she shared her insights on leadership, her guiding principles, and the lessons that have shaped her career. Austenfeld talked about what it takes to succeed … Read more

GEICO has taken legal action against what it calls a multimillion-dollar scam involving fake medical equipment claims in New York’s no-fault insurance system. On December 4, the insurer filed a lawsuit in federal court accusing two Brooklyn-based medical equipment suppliers and their owner, Yevgeniya Ivanova, of running a scheme that resulted in over $2.7 million … Read more

On Friday, as cannabis stocks surged on Wall Street, many in the insurance industry began wondering if a long-awaited expansion in cannabis insurance was finally on the horizon. The excitement followed reports that President Donald Trump might soon sign an executive order to change the federal classification of marijuana. This move would reclassify cannabis from … Read more

The global reinsurance market is showing signs of stability and discipline after a major reset at the start of 2023. According to a recent report by AM Best, reinsurers have kept a firm grip on risk by maintaining strict terms, raising attachment points, and increasing rates, especially in property catastrophe insurance. These changes have helped … Read more