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Illinois Lawsuit Alleges Companies Violated Environmental Laws at Chicago Site
Insurance Journal | August 10, 2026
Illinois Lawsuit Alleges Companies Violated Environmental Laws at Chicago Site
Illinois Attorney General Kwame Raoul filed a lawsuit against Stony Island Reclamation Co., Land and Lakes Co., and J.L.W. Trucking LLC, which operated a facility under the name of Whole Earth Compost, alleging that the companies endangered the environment and …
Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
Insurance Journal | August 10, 2026
Judge Approves $106M Settlement Over Hard Rock Hotel Collapse in New Orleans
A judge approved a $106 million settlement Thursday that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans. The 18-story hotel project partially collapsed in October 2019, …
Florida-Based Heritage Continues to Shed Policies as Earnings Soar to New Heights
Insurance Journal | August 10, 2026
Florida-Based Heritage Continues to Shed Policies as Earnings Soar to New Heights
While a number of Florida-domiciled property insurers have begun rebuilding their policy portfolios in the last 12 months, Tampa-based Heritage Insurance has continued to shed policies in recent years. The selective underwriting strategy, along with other changes, appears to have …
Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
Insurance Journal | August 10, 2026
Remains of 56 Bodies Found at Chicago Funeral Home, License Suspended
The remains of 56 people were found improperly stored and decomposing Thursday at a Chicago funeral home run by a couple who previously operated a crematory that was similarly shut down because of mishandled remains, authorities said. Illinois state officials, …
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
Insurance Journal | August 10, 2026
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft …
OpenAI Pays $3.2 Million in Probe Over Hiring Foreign Workers
Insurance Journal | August 10, 2026
OpenAI Pays $3.2 Million in Probe Over Hiring Foreign Workers
OpenAI and a subsidiary will pay $3.2 million to settle U.S. government claims that they favored foreign workers with temporary employment visas and discriminated against U.S. job applicants in recruiting and hiring, the U.S. Justice Department said on Tuesday. The …
New AIG CEO Anderson Talks Marketplace ‘Pass-Throughs,’ Opportunity
Insurance Journal | August 10, 2026
New AIG CEO Anderson Talks Marketplace ‘Pass-Throughs,’ Opportunity
Eric Anderson, new CEO of American International Group (AIG), offered an in-depth view of the company during his first earnings call at the helm, referring to opportunities within current marketplace conditions. Anderson said the market is “transition from an extended …
New Jersey Sues Amazon, Alleging Poor Pay and Conditions for Drivers
Insurance Journal | August 10, 2026
New Jersey Sues Amazon, Alleging Poor Pay and Conditions for Drivers
New Jersey sued Amazon.com last week, accusing the online retailer of abusing its market power over independent delivery drivers in the state. Amazon used its dominance to impose low pay and poor conditions on thousands of New Jersey workers who …
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard from Logo on Seat
Insurance Journal | August 10, 2026
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard from Logo on Seat
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
Virginia Study on Data Centers Calls for Tighter Water Regulations
Insurance Journal | August 10, 2026
Virginia Study on Data Centers Calls for Tighter Water Regulations
Virginia, the world’s largest data center hub, has released a long-delayed study that examined the state’s eastern region groundwater supply and the resource-hungry industry’s possible impact on it, finding declines are likely in a critical aquifer due to population growth …