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People Moves: Gallagher Expands Executive, Financial Risk Practice Leadership; AXA XL Promotes Williams and Schmude in Specialty Insurance
Gallagher Expands Executive and Financial Risk Practice Leadership Team Gallagher, headquartered in Rolling Meadows, Illinois, appointed new leaders in its executive and financial risk practice. Seth Pfalzer has been appointed senior vice president and national director, joining the practice’s board …
POSTED FEBRUARY 19, 2026 6:54 AM |
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’
A U.S. federal judge threw out on Tuesday a lawsuit against Buffalo Wild Wings that alleged the restaurant and sports bar chain deceived consumers by selling boneless wings that are not actually de-boned chicken wings. Judge John Tharp Jr. in …
POSTED FEBRUARY 19, 2026 6:18 AM |
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting …
POSTED FEBRUARY 19, 2026 6:09 AM |
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
Just days before a final committee vote on a bill that would establish a clearinghouse for Citizens’ commercial policies, Florida’s insurance commissioner has offered his own rewrite, one that would give regulators more authority over who runs the clearinghouse and …
POSTED FEBRUARY 19, 2026 6:01 AM |
Decades-Old Abuse Payouts Squeeze California School and City Budgets
At James Monroe Middle School, located in a remote part of California’s High Desert, posters commemorating teacher appreciation week were hung beside porta-potties. They were the only toilets left for faculty members after the campus’s sewage system collapsed last year. …
POSTED FEBRUARY 19, 2026 6:00 AM |
California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes
A new bill in California would require insurers to offer homeowners insurance to those who meet state home hardening and defensible space requirements. Senate Bill 1076, the Insurance Coverage for Fire-Safe Homes Act, was introduced by Senator Sasha Renée Pérez …
POSTED FEBRUARY 19, 2026 6:00 AM |
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
The insurance industry has a long history of managing complex long-tail liabilities. In some cases, these liabilities grow so burdensome that they require specialized runoff solutions and as market conditions have evolved, so too have the shape of these runoff …
POSTED FEBRUARY 19, 2026 6:00 AM |
State Drops Charges Against NJ Political Power Broker, Insurance Exec Norcross
New Jersey’s acting attorney general said Tuesday she will not ask the state Supreme Court to review the dismissal of racketeering charges against Democratic power broker George E. Norcross III and those charged alongside him. The decision by Jennifer Davenport, …
POSTED FEBRUARY 19, 2026 6:00 AM |
Insurance Fraud Bill Unanimously Passes Washington Senate
A bill intended to combat insurance fraud by updating a 20-year-old law passed the Washington state senate this week on a unanimous vote. Senate Bill 6031, which defines insurance fraud as its own crime, a Class B felony, was pushed …
POSTED FEBRUARY 19, 2026 6:00 AM |
US Attorney for DC Pirro Sues Her NY Hometown for $250K Over Trip-and-Fall
Jeanine Pirro, the U.S. Attorney for the District of Columbia, has filed a $250,000 negligence lawsuit against her suburban hometown north of New York City and a power utility after claiming she tripped and fell while out walking. Pirro said …
POSTED FEBRUARY 19, 2026 6:00 AM |
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