Insurance Journal
We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide to exercise increased caution. And yet, C-suite a...
Posted: Apr 08, 2026
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …
Posted: Apr 08, 2026
Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred...
Posted: Apr 08, 2026
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in...
Posted: Apr 08, 2026
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in...
Posted: Apr 08, 2026
A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles...
Posted: Apr 08, 2026
The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5...
Posted: Apr 08, 2026
The Trump administration warned cyberattackers with links to Iran are targeting critical US infrastructure including drinking water systems and the energy sector. The attacks are aimed at technology used in water and sewer systems along with governme...
Posted: Apr 08, 2026
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is...
Posted: Apr 08, 2026
On a recent weeknight, three tenants of an aging Bronx building were trading apartment horror stories inside a packed ballroom lined with city bureaucrats. The occasion was the third in a series of “rental rip-off hearings,” a new forum l...
Posted: Apr 08, 2026
On a recent weeknight, three tenants of an aging Bronx building were trading apartment horror stories inside a packed ballroom lined with city bureaucrats. The occasion was the third in a series of “rental rip-off hearings,” a new forum l...
Posted: Apr 08, 2026
Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. The backcountry skiers...
Posted: Apr 08, 2026
Two firefighters traveling in a utility vehicle along a Pennsylvania road during a search for a missing woman were killed in a head-on crash with a car, officials said. The two members of the Walnuttown Fire Company died after the …
Posted: Apr 07, 2026
Alphabet Inc.’s Google plans to introduce new mental health support features for its Gemini chatbot as the company and rivals, like OpenAI, have faced several lawsuits accusing their artificial intelligence tools of leading to harm. Gemini will...
Posted: Apr 07, 2026
California Attorney General Rob Bonta is opposing efforts to wave safety regulations for the Sable oil pipeline. Bonta filed a comment letter opposing the U.S. Pipeline and Hazardous Materials Safety Administration’s consideration of Sable Offs...
Posted: Apr 07, 2026
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On Mar...
Posted: Apr 07, 2026
Artificial intelligence-enabled program administrator INSTANDA said its launch of INSTANDA MAX enables commercial lines and non-admitted insurers to underwrite tens-of-thousands of complex assets under a single policy at both the portfolio and indivi...
Posted: Apr 07, 2026
Twenty insurers rated by Moody’s reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the Los Angeles wildfires …
Posted: Apr 07, 2026
An explosion at a Troy, Illinois, house and ensuing fire killed three people. The cause is under investigation. Several homes and buildings on the property were still standing, but the home where the explosion occurred was destroyed, according to med...
Posted: Apr 07, 2026
A Kentucky insurance agency owner has been charged with diverting premiums from a church client, and the Kentucky Department of Insurance is investigating other clients. Multiple news sites reported that Glen “David” Ramey, 59, an agent a...
Posted: Apr 07, 2026
A Texas coffee bar and lounge must pay $85,197 for operating an illegal tip pool. The U.S. Department of Labor recovered the back wages for 36 employees after an investigation reportedly found a coffee bar and lounge in Buda operated …
Posted: Apr 07, 2026
India is planning sovereign guarantees to support insurers that provide cover for vessels traveling in the Persian Gulf, as the Middle East war increases the risks to shipping, said government and industry sources familiar with the matter. The plan i...
Posted: Apr 07, 2026
The Alabama Department of Insurance named Stephanie Tompkins manager of the department’s Consumer Services Division, succeeding Dusty Smith, who was promoted to be deputy commissioner for insurance regulation. Tompkins has 25 years of experienc...
Posted: Apr 07, 2026
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about...
Posted: Apr 07, 2026
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual insurance company—entering its 100th year of opera...
Posted: Apr 07, 2026