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Category: Insurance Journal

Texas Hemp Regulation Proceeds Despite Federal Restriction
Insurance Journal | November 20, 2025
Texas Hemp Regulation Proceeds Despite Federal Restriction
The Texas Alcoholic Beverage Commission moved forward on Tuesday with its efforts to regulate the sale of consumable hemp products as questions swirled around the future of the industry due to federal restrictions on the products approved by Congress last …
Louisiana Commissioner Approves Rate Decreases for About 12K Allstate Auto Policies
Insurance Journal | November 20, 2025
Louisiana Commissioner Approves Rate Decreases for About 12K Allstate Auto Policies
Approximately 12,000 Louisiana Allstate customers will soon see a decrease in their auto insurance premiums. Louisiana Insurance Commissioner Tim Temple announced last week he has approved rate decreases for two Allstate subsidiaries. Temple approved Allstate North American Insurance Company’s (ANAIC) …
Indiana Attorney General Sues Apartments Owners Over Alleged Uninhabitable Conditions
Insurance Journal | November 20, 2025
Indiana Attorney General Sues Apartments Owners Over Alleged Uninhabitable Conditions
Indiana Attorney General Todd Rokita filed a civil lawsuit against the owners and property managers of Lake Castleton Apartments in Indianapolis, alleging that they have systematically failed to repair critical systems such as air conditioning and plumbing. Further, the landlords …
The Art of Negotiation: Benchmark, Bundle, Trade
Insurance Journal | November 20, 2025
The Art of Negotiation: Benchmark, Bundle, Trade
“Everything is a negotiation,” says leadership expert John Burrows. Whether you’re working on a multimillion-dollar M&A deal, arguing for a better salary during a job offer, or simply trying to choose where to order takeout for your family dinner, “we’re …
People Moves: Marinello Named ReSource Pro Senior Director, Partnerships; United Risk Makes Additions to Leadership Team
Insurance Journal | November 20, 2025
People Moves: Marinello Named ReSource Pro Senior Director, Partnerships; United Risk Makes Additions to Leadership Team
Marinello named ReSource Pro Senior Director, Partnerships and Advisory ReSource Pro, headquartered in New York City, appointed Rob Marinello as senior director of partnerships and advisory. Marinello will spearhead the expansion and formalization of the company’s partnership program. Marinello has …
Trump Urges Congress to Block State-Level AI Regulation
Insurance Journal | November 20, 2025
Trump Urges Congress to Block State-Level AI Regulation
President Donald Trump called on Congress to pass a federal standard governing oversight of artificial intelligence and warned that varied regulation at the state level risked slowing the development of an emerging technology that’s critical to the US economy. In …
Florida Judge Orders Citizens’ Arbitration to Continue, Clashing With Other Order
Insurance Journal | November 20, 2025
Florida Judge Orders Citizens’ Arbitration to Continue, Clashing With Other Order
The legal battle over Florida’s property insurer of last resort’s use of a state agency to hear claims disputes in arbitration took new turns this week, prompting one policyholder attorney to note that a move designed to reduce courtroom time …
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Insurance Journal | November 19, 2025
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.” Lloyd’s Chairman Charles Roxburgh …
AM Best Downgrades State Farm Mutual Auto
Insurance Journal | November 19, 2025
AM Best Downgrades State Farm Mutual Auto
AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates included in the rating action …
Former Florida Broker and Texas Man Convicted in ACA Scheme That Paid $180M
Insurance Journal | November 19, 2025
Former Florida Broker and Texas Man Convicted in ACA Scheme That Paid $180M
A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory …