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Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The latest states added to OpenRoad …
Nuclear Verdicts Go Boom, Increase 40.7% in 2025
So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least …
Despite Risk, Speeding Becoming Normalized AAA Study Finds
A new study suggests that some drivers feel speeding is okay despite the risks, according to the AAA Foundation for Traffic Safety (AAAFTS). While most drivers agreed that posted speed limits are appropriate, many also considered driving 10 mph over …
Register: Risky Future AI Tools for Insurance BPO & Consulting ‘Demo Day’ on August 26
Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. This event spotlights AI solutions that focus …
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District …
Trump’s Environmental Rollbacks Are Being Struck Down by Courts
The Trump administration’s many steps to reshape and shrink the scope of federal environmental protection have been met with a flood of legal challenges from companies, environmental groups and state officials. So far this summer, it’s been losing more than …
TikTok Agrees to $400 Million Children’s Privacy Settlement
TikTok and its Chinese parent company ByteDance on Friday agreed to a $400-million settlement to resolve the U.S. Justice Department’s allegations the short-video app violated children’s online privacy. The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing …