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Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M

Insurance Journal

Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association in a hurricane claim, three years after the condo claimed damages that insurers said were so inflated that they were termed “outrageous.”...

Posted: Mar 05, 2026

Primary Carrier’s Insolvency Triggers Excess Carrier’s Obligation

Insurance Journal

A waterworks products company facing asbestos claims is entitled to tap its Chubb excess insurance policy because its primary insurance has been “exhausted” as a result of the primary carrier’s insolvency and its inability to pay an...

Posted: Mar 05, 2026

Cal/OSHA Fines Fabricator $212K Over Employee Finger Amputation

Insurance Journal

California safety regulators levied a heavy fine against a metal fabricator over an incident that cost a worker a finger. Cal/OSHA fined All FAB Precision Sheetmetal $212,850 after a June 2025 press brake incident in San Jose amputated a worker&#8217...

Posted: Mar 05, 2026

People Moves: Merchants Insurance Appoints Walkup as Head of Claims

Insurance Journal

Merchants Insurance Group, headquartered in Buffalo, New York, appointed Pete Walkup as its vice president, head of claims. Walkup oversees all claims operations, with an emphasis on operational performance, process modernization, and delivering valu...

Posted: Mar 05, 2026

New York City Paid $117 Million Last Year for Police Misconduct Settlements

Insurance Journal

New York City paid more than $117 million last year to settle police misconduct lawsuits in cases ranging from the violent arrests of protesters in 2020 to bad police work that led to wrongful convictions in the 1980s, according to …

Posted: Mar 05, 2026

Volt Underwriting expands energy team with senior power hire

Reinsurance News

Volt Underwriting, a managing general agent (MGA) that serves clients and brokers in the energy sector, has bolstered its Power and Renewable Energy division by appointing Rebecca Friel as Senior Power Underwriter. Friel brings two decades of expe...

Posted: Mar 05, 2026

Painter Admits He Fraudulently Collected $10K in Workers’ Comp After Returning From Injury

Insurance Journal

A New York man who claimed he could not work because of an ankle injury sustained in his work as a painter collected more than $10,000 in workers’ compensation wage replacement benefits while concealing he was back on the job. …

Posted: Mar 05, 2026

Painter Fraudulently Collected $10K in Workers’ Comp After Returning From Injury

Insurance Journal

A New York man who claimed he could not work because of an ankle injury sustained in his work as a painter collected more than $10,000 in workers’ compensation wage replacement benefits while concealing he was back on the job. …

Posted: Mar 05, 2026

Anthropic’s Claude Chatbot Goes Down for Thousands of Users

Carrier Management

Anthropic’s Claude Chatbot Goes Down for Thousands of Users Anthropic PBC's artificial int...

Posted: Mar 05, 2026

New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says

Carrier Management

New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says A U.S. judge sided with Uber T...

Posted: Mar 05, 2026

Group Benefits Enters Decisive Phase

Insurance Thought Leadership

Group Benefits Enters Decisive Phase Commercial Lines

Posted: Mar 04, 2026

AmFam Reports Underwriting Profit, Top-Line Decline for 2025

Carrier Management

AmFam Reports Underwriting Profit, Top-Line Decline for 2025 American Family...

Posted: Mar 04, 2026

Mercury files “Ready Together” trademark

coverager

The mark is intended for use across property and casualty insurance services.

Posted: Mar 04, 2026

Zurich teams up with Honey to launch pet insurance in Australia

coverager

The pet insurance product is now available through Virgin Money’s website.

Posted: Mar 04, 2026

NFP establishes group captive practice

coverager

NFP's Group Captive practice will serve companies seeking greater control and efficiency over their P&C risks and related costs by pooling resources with other like-minded businesses.

Posted: Mar 04, 2026

Continuity in an era of regulatory transition

coverager

Using technology to maintain consistent insurance oversight

Posted: Mar 04, 2026

QBE launches primary insurance in Bermuda

coverager

The offering will focus on Property and Excess Casualty.

Posted: Mar 04, 2026

Ualá raises $195 million

coverager

The neobank operates across Latin America and has 11 million users

Posted: Mar 04, 2026

Great American shuts down pomi

coverager

SYSO is a developer of a renewable energy and storage asset management platform.

Posted: Mar 04, 2026

Cork Cyber Expands Into Remediation Tools

IIR

The company has introduced installer script capabilities and outlined plans for automated risk remediation.

Posted: Mar 04, 2026

AI Reduces Submission Friction for P&C Insurers

IIR

Insurers are applying AI at intake and quoting to improve underwriting efficiency, risk selection, and distribution alignment.

Posted: Mar 04, 2026

Highstreet Appoints Todd Macumber Chief Growth Officer

IIR

The executive will oversee business development, industry solutions and risk advisory functions.

Posted: Mar 04, 2026

CZ Health Insurances Selects Sapiens Platform

IIR

The Dutch insurer has adopted a cloud-based system to modernize operations and product management.

Posted: Mar 04, 2026

Near Space Labs Targets Underwriting Blind Spots

IIR

The stratospheric imagery platform expands coverage to help insurers address rural data gaps and climate-driven risk in major markets like Texas.

Posted: Mar 04, 2026

Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures

Carrier Management

Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures Looking for deals, consu...

Posted: Mar 04, 2026

Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf

Carrier Management

Trump Orders Oil Tanker Insurance Support, Says Navy Could Esc...

Posted: Mar 04, 2026

Nebraska AG Sues Roblox Over Alleged Child Safety Failures

Insurance Journal

Nebraska Attorney General Hilgers this weekannounced a consumer‑protection and child‑safety lawsuit against Roblox Corporation, alleging that the company has knowingly created and maintained an online environment that exposes millions of children to...

Posted: Mar 04, 2026

Small Container Ship Abandoned After Being Hit in Hormuz

Insurance Journal

A container vessel was abandoned after being hit while transiting the Strait of Hormuz, a UK naval group said, as conflict continues to menace commercial shipping in the region. The ship is the Safeen Prestige, according to maritime security companie...

Posted: Mar 04, 2026

Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship

Insurance Journal

The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil …

Posted: Mar 04, 2026

Reinsurers largely in agreement that cat pricing will decline into 2027 absent a major event, say an...

Reinsurance News

Reinsurers at the 2026 annual conference of the American Insurance & Financial Analysts (AIFA) were broadly aligned that catastrophe pricing is likely to continue declining into 2027 unless a materially larger loss event disrupts capital. Anal...

Posted: Mar 04, 2026

Cybercriminals Abandon Encryption for Data Extortion, Raising Stakes for Risk Managers

Risk & Insurance

As data-only extortion surged to 65% of cases in the second half of 2025, organizations face reputational and legal fallout that outweighs operational disruption: Resilience. The post

Posted: Mar 04, 2026

Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say

Carrier Management

Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say President Donald Trump s...

Posted: Mar 04, 2026