Insurance Journal

Lilly Flags Safety Risk in Compounded Zepbound Mixed With Vitamin B12

Eli Lilly & Co. warned that the active ingredient in its weight-loss blockbuster Zepbound could pose a risk to patients when mixed with vitamin B12, a combination sold by US drug compounders. Lilly tested compounded products and found “sign...

Posted: Mar 12, 2026

NC Insurance Agent Posts Statement After Arrest on Embezzlement Charges

A North Carolina insurance agent is out on bond, awaiting court action, after he was charged with diverting premium payments from four automobile dealerships. Jeffrey Martin Webster, of Jamestown, North Carolina, was charged with 18 counts, including...

Posted: Mar 12, 2026

Markets/Coverages: Marsh Risk, Apollo Develop Insurance Facility for Uber

Marsh Risk, a business of Marsh, and specialty insurer Apollo’s ibott division announced the launch of an insurance facility for Uber. According to the companies, the facility is the first of its kind and will “accelerate the deployment o...

Posted: Mar 12, 2026

Coast Guard Rescues 3 Fishermen Whose Ship Sank in Maine’s Boothbay Harbor

The U.S. Coast Guard rescued three people from the water approximately 23 miles south of Boothbay Harbor in Maine on Wednesday morning. The Coast Guard Station Boothbay Harbor crew reported they located the vessel at 9:01 a.m. and rescued three &#823...

Posted: Mar 12, 2026

Mississippi Jury Acquits Engineer Charged With Lying About 2017 Plane Crash

A jury has acquitted a former engineer overseeing military aircraft maintenance of charges of making false statements and obstructing justice during the criminal investigation of a 2017 military plane crash in Mississippi that killed all 16 service m...

Posted: Mar 12, 2026

WTW: US Commercial Insurance Rates Moderate to 2.9% in Q4 2025

U.S. commercial insurance rates increased 2.9% in the fourth quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing continued to moderate in the fourth quarter, reflecting a...

Posted: Mar 12, 2026

World Faces Largest-Ever Oil Supply Disruption on Middle East War, IEA Says

The war in the Middle East is creating the biggest oil supply disruption in history, the International Energy Agency said on Thursday, a day after it agreed to release a record volume from strategic stockpiles to offset shortages and a …

Posted: Mar 12, 2026

Officials Declare Barge Fire in Delaware Bay Under Control

The U.S. Coast Guard and the states of Delaware and New Jersey on Wednesday declared the barge fire in Delaware Bay under control. No injuries were reported for the incident. The barge was carrying salvage metal at the time of …

Posted: Mar 12, 2026

People Moves: Andover Cos. Names Nadeau, Duchette; Plymouth Rock Appoints Seaborn

The Andover Companies Names Nadeau SVP and CUO, Duchette SVP and CUO The Andover Companies, headquartered in Andover, Massachusetts, appointed Paul Nadeau as senior executive vice president and chief operating officer and Patrick Duchette as senior v...

Posted: Mar 12, 2026

Natural Gas Boom Will Spur a Shortage of US Fracking Gear, Shale Boss Says

Rising US natural gas exports and soaring domestic demand for the power-plant fuel will lead to a shortage of fracking gear later this decade, according to the head of one the country’s top drilling contractors. Activity in US shale fields &#82...

Posted: Mar 12, 2026

Warburg Pincus Is Said to Explore Options for Asian Insurer Oona

Warburg Pincus is considering options for Oona Insurance that might lead to a sale, according to people familiar with the matter, after receiving interest from other insurers and investment firms. The US private equity firm is working with Citigroup...

Posted: Mar 12, 2026

How The Alliance’s Certified Insurance & Risk Professional (CIRP) Designation Helps New Producers Bu...

The insurance industry continues to evolve quickly, and agencies face growing pressure to develop producers who can contribute sooner and communicate with confidence. Many new professionals enter the field with enthusiasm but without a clear pathway...

Posted: Mar 12, 2026

Oil Tankers Attacked Off Iraq as Middle East Crisis Worsens

Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian Gulf that are raising risks to global energy supply from the deepening Middle East war.The strikes on the vessels off …

Posted: Mar 12, 2026

People Moves: Church Mutual Names Pam Rushing as COO, Neil Ziegler to CUO – Admitted

Church Mutual Insurance Company announced two leadership promotions that reinforce the company’s focus on innovation and disciplined growth. Pam Rushing has been promoted to chief operating officer (COO), and Neil Ziegler has been promoted to c...

Posted: Mar 12, 2026

People Moves: Church Mutual Names Rushing as COO, Ziegler to Admitted CUO

Church Mutual Insurance Company announced two leadership promotions that reinforce the company’s focus on innovation and disciplined growth. Pam Rushing has been promoted to chief operating officer (COO), and Neil Ziegler has been promoted to c...

Posted: Mar 12, 2026

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

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

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

Costco Customers Sue for Share of Refunds From Trump Tariffs

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

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

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

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

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

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

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

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