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Jury Awards $667K to Muslim Men Pepper-Sprayed by Missouri Prison Guards

Insurance Journal

A federal jury on Monday awarded $667,000 in damages to a group of Muslim men incarcerated in Missouri who were pepper-sprayed by state correctional officers while praying. The lawsuit in eastern Missouri’s U.S. District Court alleged that the...

Posted: Mar 12, 2026

ExxonMobil Set to Move to Texas In Search of Business Friendly Environment

Insurance Journal

ExxonMobil is poised to move its legal headquarters from New Jersey to Texas in search of a more friendly business environment, the company announced Tuesday morning. The board of directors for the largest U.S.-based oil producing company, which alre...

Posted: Mar 12, 2026

BreachRx launches cyber incident response management warranty with $3m in coverage

Reinsurance News

BreachRx has announced the launch of BreachRx CIRM Warranty, an industry-first cyber incident response management warranty offering up to $3 million in executive and corporate cyber incident liability protection backed by a global insurer. BreachR...

Posted: Mar 12, 2026

Costco Customers Sue for Share of Refunds From Trump Tariffs

Insurance Journal

Costco Wholesale was sued on Wednesday in a proposed nationwide class action seeking U.S. customer refunds for higher prices charged by the company before the U.S. Supreme Court struck down import tariffs imposed by President Donald Trump. The lawsui...

Posted: Mar 12, 2026

People Moves: Iyer to Lead Chubb’s Global Operations, Technology

Insurance Journal

Chubb Limited appointed Seshadri (Sesh) Iyer executive vice president, Chubb Group, operations, technology and digital transformation, effective April 6. He succeeds Julie Dillman, who is retiring on April 2 after nearly a decade at Chubb. Iyer joins...

Posted: Mar 12, 2026

Extreme Heat Is Making Life Increasingly Unlivable

Insurance Journal

The number of days where extreme heat makes it too dangerously hot to walk the dog, sweep the porch and engage in other ordinary pursuits has doubled around the world over the past 75 years, according to new research. Scientists …

Posted: Mar 12, 2026

Florida Bill Passes, Easing Agency Customer Reps’ Education Requirements

Insurance Journal

Florida lawmakers, with no dissenting votes, have approved a measure that would let insurance agencies’ customer service representatives bypass licensing classes if they have taken insurance courses in high school. House Bill 1343, co-sponsored...

Posted: Mar 12, 2026

Once A Beacon of Cheap Homes, Nevada Is A Symbol of The Struggle With High Costs

Insurance Journal

When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …

Posted: Mar 12, 2026

Once a Beacon of Cheap Homes, Nevada Is a Symbol of the Struggle With High Costs

Insurance Journal

When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …

Posted: Mar 12, 2026

Vouch in California Adds Financial, Health & Life Sciences and Professional Services

Insurance Journal

Vouch is expanding its brokerage services into financial services, health & life sciences and professional services. The San Francisco, California-based company is extending its capabilities to verticals with similar risk patterns it already serv...

Posted: Mar 12, 2026

Judge Upholds New York Workers’ Comp Board Ban Against Spinal Surgeon

Insurance Journal

A New York orthopedic spinal surgeon has been denied reauthorization to treat workers’ compensation patients in the state. A Supreme Court judge in Schenectady County has upheld a bar against Dr. Joseph Weinstein that was ordered by the New Yor...

Posted: Mar 12, 2026

Stryker Remains Offline After Cyberattack Linked to Iran Group

Insurance Journal

Medical technology maker Stryker Corp., hit by a crippling cyberattack linked to a pro-Iran group, is still investigating the breach and doesn’t know when its systems will be back online. The company said in a regulatory filing Wednesday aftern...

Posted: Mar 12, 2026

Millionaire Tax Advances in Washington State as Legal Duel Looms

Insurance Journal

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight over a nearly century-old legal ruling. The state’s Democratic-controlled House of Representati...

Posted: Mar 12, 2026

Carriers Using AI for Claims but Adoption Is Fragmented, Report Shows

Carrier Management

Carriers Using AI for Claims but Adoption Is Fragmented, Report Shows Excitem...

Posted: Mar 12, 2026

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

Insurance Journal

Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday. The U.S.-Israeli c...

Posted: Mar 11, 2026

P/C Statutory Results: The Highs and The Lows

Carrier Management

P/C Statutory Results: T...

Posted: Mar 11, 2026

Ascot Names Shanelle Burke U.S. CFO

IIR

Burke has been promoted to the Ascot U.S. leadership team oversee finance operations, capital management and strategy.

Posted: Mar 11, 2026

Patriot Growth Insurance Services Names Barninder Khurana CIO

IIR

Khurana will oversee technology strategy and integration aimed at strengthening operations and supporting Patriot’s expanding network of partner agencies.

Posted: Mar 11, 2026

Integrity Adds MG3 Enterprises Distribution Partner

IIR

The agreement provides the agency access to Integrity’s technology platform and partner network.

Posted: Mar 11, 2026

Chowbus raises $81 million

coverager

The company provides POS systems, integrated marketing solutions, and AI-driven tools to restaurants.

Posted: Mar 11, 2026

Unreasonable Labs raises $13.5 million

coverager

MS&AD Ventures participated in the round.

Posted: Mar 11, 2026

INZMO partners with a68 to automate insurance fraud detection

coverager

INZMO has partnered with a68 to automate insurance fraud detection using AI-powered forensics. This will strengthen digital claims verification, detect suspicious submissions, and address fraud risks linked to AI-generated falsified claim documents.

Posted: Mar 11, 2026

Beazley Security launches exposure management product to help organizations identify cyber risks

coverager

Planned enhancements for 2026 include the addition of third party risk monitoring and dark web monitoring for leaked or stolen credentials.

Posted: Mar 11, 2026

Clearcover Insurance Company reports 2025 results

coverager

The carrier reported a net underwriting loss of $14 million for the year.

Posted: Mar 11, 2026

Kayna raises $1.7 million

coverager

Kayna helps business software companies add insurance to their platforms.

Posted: Mar 11, 2026

Jazz raises $61 million

coverager

MassMutual Ventures participated in the round.

Posted: Mar 11, 2026

Study Finds THC Can Create False Memories

Carrier Management

Study Finds THC Can Create False Memories A new study finds that smoking cannabis may alter ho...

Posted: Mar 11, 2026

Relation Acquires Rummel Associates

Insurance Journal

Relation Insurance Services acquired the assets of Rummel Associates, Inc. The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed. Specializing in both commercial and personal insurance, Rummel is based in C...

Posted: Mar 11, 2026

Aon is seeing risk repriced in real time as Middle East conflict cuts across many insurance lines, s...

Reinsurance News

Leaders at global insurance and reinsurance broking group Aon have shared their observations and perspectives on numerous lines of insurance business as the conflict in the Middle East continues, as Joe Peiser, CEO of Risk Capital for Aon, highlig...

Posted: Mar 11, 2026