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News Archives - Insurance Journal

People Moves: Chubb Appoints Hazelton COO of North America Field Operations; Haase Joins Everest as CEO of Legacy Operations
Chubb Appoints Hazelton COO of North America Field Operations Chubb, headquartered in New York City, named Bill Hazelton as chief operating officer (COO) for North America Field Operations, effective Dec. 1. Hazelton will oversee the delivery of Chubb’s full portfolio …

POSTED NOVEMBER 19, 2025 6:28 AM
Senator Opposes FCC Plan to Reverse Cyber Rules Adopted After Salt Typhoon Attack
The top Democrat on the Senate Commerce Committee on Tuesday called on the Federal Communications Commission to abandon plans to rescind cybersecurity requirements adopted after the massive Salt Typhoon Chinese hacking incident that infiltrated U.S. telecom companies last year. Senator …

POSTED NOVEMBER 19, 2025 6:11 AM
Has Insurtech Funding Found a Floor?
Two separate reports published this month show that while quarterly insurtech deal counts have plummeted from heights attained in 2021 and 2022, dollar levels invested in insurtechs have stabilized since late 2022. While their deal-dollar and deal-count tallies are slightly …

POSTED NOVEMBER 19, 2025 6:10 AM
How Big Tech Is Faring Against US Antitrust Lawsuits?
A federal judge ruling that Meta Platforms does not hold an illegal social media monopoly handed Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump’s first term. Here are the statuses of the U.S. …

POSTED NOVEMBER 19, 2025 6:05 AM
GEICO Can’t Slip Out of SC Lawsuit That Says it Owes $70M in Taxes and Penalties
GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes are collected by cities in …

POSTED NOVEMBER 19, 2025 6:01 AM
1 Worker Dies, 2 Injured in Trench Collapse at Cape Cod Construction Site
One worker died and two were injured in a trench collapse at a construction site in a popular seacoast town on Cape Cod, Massachusetts. The trench collapse happened on Tuesday about 9 a.m. at a sewer project work site located …

POSTED NOVEMBER 19, 2025 6:00 AM
Amazon’s Zoox Launches Robotaxi Rides in San Francisco
Amazon’s self-driving unit Zoox opened its waitlist on Tuesday for users in San Francisco, offering free rides, just days after Alphabet’s Waymo said it will provide robotaxi rides in the same market. Zoox said it is inviting people to ride …

POSTED NOVEMBER 19, 2025 6:00 AM
Digital MGA Honeycomb Insurance Expands to Colorado
Honeycomb Insurance has begun writing policies in Colorado. The digital managing general agency specializes in property/casualty coverage for landlords and condominium associations. The company’s underwriting platform evaluates properties individually using high-resolution imagery and technology. Honeycomb now operates across 20 states …

POSTED NOVEMBER 19, 2025 6:00 AM
Ohio Man Pleads Guilty to Hacking Ex-Employer’s Network, Costing $862K in Damages
A 35-year-old Ohio man has pleaded guilty to computer fraud for hacking his former employer’s network after he was fired, announced U.S. Attorney Nicholas J. Ganjei. On May 14, 2021, Maxwell Schultz, Columbus, Ohio, was terminated from his position as …

POSTED NOVEMBER 19, 2025 6:00 AM
World Insurance Associates Acquires Bafumi Insurance in Connecticut
World Insurance Associates reported it has acquired the business of Bafumi Insurance Agency of Middletown, Connecticut. Terms of the August 1, 2025 transaction were not disclosed. A family business, the agency is led by Guido and Lauren Bafumi and sells …

POSTED NOVEMBER 19, 2025 6:00 AM

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