Insurance Journal News Feed

Insurance Journal news feed

1. Alabama Prisoners Work at Stores But Not Eligible for Parole or Workers’ Comp

   DADEVILLE, Ala. (AP) — A storm was looming when the inmate serving 20 years for armed robbery was assigned to transport fellow prisoners to their jobs at private manufacturers supplying goods to companies like Home Depot and Wayfair. It didn’t …

2. California Milk Output Down 9% in November on Bird Flu Outbreak

   California’s milk production in November plummeted as a bird flu outbreak spreads rapidly among herds in the country’s biggest dairy state. The state produced just under three billion pounds of milk in November, down 9.2% from the same month last …

3. 9 Insurance Commissioners Urge DOGE to Junk FIO

   Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office. The letter, addressed to DOGE heads Elon Musk and Vivek Ramaswamy, said the FIO’s mission of monitoring the …

4. RiverStone International to Provide Loss Portfolio Transfer for Zurich Insurance

   RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. to provide a loss portfolio transfer reinsurance (LPT) and an insurance business transfer relating …

5. Farmers Still Reeling After Hurricane Helene Ravaged Crops Across the Southeast

   LYONS, Ga. (AP) — Twisted equipment and snapped tree limbs still litter Chris Hopkins’ Georgia farm more than two months after Hurricane Helene made its deadly march across the South. An irrigation sprinkler system about 300 feet (92 meters) long …