Insurance Journal
A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision …
Posted: Apr 01, 2026
A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46,...
Posted: Apr 01, 2026
An armed man who crashed his pickup truck into a major Detroit-area synagogue earlier in March was inspired by the Iran-backed militant group Hezbollah and had sought to inflict as much damage as he could on Jewish people, the FBI …
Posted: Apr 01, 2026
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Cities and Villages Mutual Insurance...
Posted: Apr 01, 2026
A New York judge has ruled that former New York Mayor Rudy Giuliani must face a $10 million lawsuit accusing him of sexual assault, sexual harassment, and wage theft. Judge Nicholas Moyne, of the state Supreme Court for New York …
Posted: Apr 01, 2026
A 15-year-old student shot a teacher at a Texas high school and then fatally shot himself Monday, according to authorities, who were still investigating what led to the early morning attack. No other injuries were reported at Hill Country College ...
Posted: Apr 01, 2026
Texas Attorney General Ken Paxton filed a lawsuit against Permian Basin Containers, LLC (“PBC”) and related entities for violations of Texas environmental laws and regulations after the company caused a catastrophic chemical fire in Odess...
Posted: Apr 01, 2026
An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defense ministry said. Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit R...
Posted: Apr 01, 2026
US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war.Iran’s “New Regime President”...
Posted: Apr 01, 2026
US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war. Iran’s “New Regime President”...
Posted: Apr 01, 2026
Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. Hackers were able to breach one of the few accounts that can release new versions of Ax...
Posted: Apr 01, 2026
Vladimir Putin made a big deal of Russia’s success in seizing control of Kupyansk in eastern Ukraine late last year, even as Volodymyr Zelenskiy immediately challenged the claim by making a video address from the town. Now Russian forces are &#...
Posted: Apr 01, 2026
Fintech Acrisure said it has completed it deal to acquire managing general agent Vave from its parent company, Canopius. Vave will continue to operate under its brand name and be a part of New York-based Acrisure Underwriting, a platform of …
Posted: Apr 01, 2026
Vermont’s effort to make fossil fuel companies pay for damage caused by climate change was tested Monday in a federal courtroom, where the state argued that two lawsuits challenging its groundbreaking 2024 law should be thrown out. Vermont beca...
Posted: Apr 01, 2026
The recent escalation of the Middle East war introduces geopolitical instability with potential long-lasting effects on commodities, financing conditions, global supply chains, and macro-credit conditions depending on the duration and scale of the co...
Posted: Apr 01, 2026
The Bank of England said on Wednesday that the Iran war had dealt “a substantial negative supply shock” to the world economy, increasing the danger that pre-existing threats to financial stability materialize. The BoE said the prospect of...
Posted: Apr 01, 2026
Insurers including Chubb, Fidelis and Lloyd’s were granted permission on Tuesday to appeal against a London court ruling in favor of the world’s largest aircraft lessor AerCap over jets stuck in Russia since its war on Ukraine. LondonR...
Posted: Apr 01, 2026
Insurers including Chubb, Fidelis and Lloyd’s were granted permission on Tuesday to appeal against a London court ruling in favor of the world’s largest aircraft lessor AerCap over jets stuck in Russia since its war on Ukraine. LondonR...
Posted: Apr 01, 2026
A venture-backed technology firm says it has built what it describes as the first U.S. insurance carrier designed to operate without human decision-making in its core functions, replacing traditional underwriting, agent interaction and claims adjudic...
Posted: Apr 01, 2026
The National Association of Insurance Commissioners has issued a nationwide data call to insurers in order to get a better understand of the U.S. homeowners insurance markets. The data, intended to be collected at the ZIP code level, will help …...
Posted: Apr 01, 2026
The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX’s …
Posted: Apr 01, 2026
Boating accidents in crowded Biscayne Bay near Miami have claimed the lives of two Floridians, including a Miami insurance agency customer representative and the CEO of a medical conference services firm. Multiple news sources reported that Davide Ve...
Posted: Apr 01, 2026
A Florida hospital has dropped its lawsuit seeking to evict a patient who refused to vacate a room for months after she was discharged because, the hospital said, she finally left. Tallahassee Memorial Hospital filed the lawsuit this month requesting...
Posted: Apr 01, 2026
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural t...
Posted: Apr 01, 2026
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural t...
Posted: Apr 01, 2026