Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Renault Customers to Lodge Criminal Complaint in France Over Faulty Engines

Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawyer said on Friday. “We are going to file a complaint on Monday …

Fri Jun 2, 2023 19:01
Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022

A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from 108.1% in 2021 to 102.2% in 2022 – marking the industry’s best performance since 2017. However, the industry still has …

Fri Jun 2, 2023 18:31
NHTSA to Require Auto Braking on New Vehicles and Set Tougher Standards

The U.S. government’s auto safety agency plans to require that all new passenger cars and light trucks include potentially life-saving automatic emergency braking and meet stricter safety standards within three years. Wednesday’s announcement by the National Highway Traffic Safety Administration …

Fri Jun 2, 2023 18:31
Gallagher Keeps Expanding with HR Firm Acquisitions

Arthur J. Gallagher & Co. has acquired Nashville-based Bernard Benefits, an employee benefits brokerage serving clients in Tennessee, Indiana and Texas. Bernard, which focuses on small businesses, is a subsidiary of Bernard Health. Bernard’s Brian Tolbert, Matt Kleymeyer and the …

Fri Jun 2, 2023 17:40
Regulators Turn Up Pressure on Air Bag Inflator Firm to Recall Devices

The U.S. government is turning up the pressure on Tennessee-based ARC Automotive to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath and threatening fines if it doesn’t respond. NHTSA argues that …

Fri Jun 2, 2023 17:21
Coal Firms Owned by Family of WV Governor Sued Over Unpaid Penalties

Thirteen coal companies owned by the family of West Virginia Gov. Jim Justice are being sued over unpaid penalties for previous mining law violations that the federal government says pose health and safety risks or threaten environmental harm. Justice, who …

Fri Jun 2, 2023 17:03

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