Insurance Journal
It’s often insureds who come to Florida from Canada before winter sets in. But this week, it’s an Ottawa-based insurance brokerage that has moved into the Sunshine State with the acquisition of a Cape Coral firm. Gifford Carr Insurance Gr...
Posted: Oct 07, 2025
Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. The company is streamlining operations, with a plan to...
Posted: Oct 07, 2025
The Cooperative of American Physicians, Inc. promoted Daniel Cavanaugh to senior vice president of business development. Cavanaugh was named vice president of CAP membership development in 2018. As senior vice president, he leads a new business unit...
Posted: Oct 07, 2025
California Attorney General Rob Bonta said his state would continue to sue the Trump administration’s aggressive deregulatory actions on environmental rules, and was also looking at more lawsuits connected to deception around plastic recycling....
Posted: Oct 06, 2025
Highstreet Insurance Partners, headquartered in Traverse City, Michigan, named Kristen Stokes as its chief broking officer. Stokes is based out of Highstreet’s New York City office. Stokes will serve on Highstreet’s executive leadership t...
Posted: Oct 06, 2025
Federal authorities said the superintendent of Iowa’s largest school district had a history of criminal charges before his arrest by immigration agents last week, which shocked the community and prompted the school board to sue the consulting c...
Posted: Oct 06, 2025
The US Supreme Court declined a chance to open social media companies to lawsuits over content recommended by their algorithms, turning away an appeal that accused Meta Platforms Inc.’s Facebook of radicalizing a man who killed nine South Carol...
Posted: Oct 06, 2025
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced an agreement to sell its 49% equity stake in managing general agent, Arcadian Risk Capital to private equity firm Lee Equity Partners for a total consideration of $139 mil...
Posted: Oct 06, 2025
The commercial insurance industry is entering a period of stability and opportunity made possible by an abundance of capital and the power of artificial intelligence (AI), according to a new report from global broker Willis. This promising stage come...
Posted: Oct 06, 2025
Illinois sued the Trump administration over its plan to deploy National Guard troops to the Chicago area, setting off a fresh legal battle over the president’s authority to use soldiers to respond to protests over his immigration crackdown. The...
Posted: Oct 06, 2025
More than a year after he was charged, a Georgia businessman known as “Dr. Taxes” has been indicted for posing as an insurance agent and swiping hundreds of thousands of dollars in workers’ compensation premiums. Emmanual Torres-Cru...
Posted: Oct 06, 2025
The massive power outage that hit the Iberian Peninsula in April is the first known blackout caused by excessive voltage, the European network of electricity transmission system operators said in a report on Friday [October 3] . Released ahead of ...
Posted: Oct 06, 2025
Intact Financial Corp. (IFC) announced the official rebranding of RSA and NIG to Intact Insurance across the UK, Ireland and Europe. This move marks a significant milestone in the company’s journey which is now united under a single brand, refl...
Posted: Oct 06, 2025
Global Indemnity Group LLC (GBLI) announced that its subsidiary, Penn-America Underwriters LLC, is launching its first reinsurance managing general agency (MGA), in partnership with veteran reinsurance executive George Dragonetti, who will also serve...
Posted: Oct 06, 2025
Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow, after the state adopted new legislation designed to stifle such bets. Under the law, approved last month by California Governor Gavin Newsom, alternative...
Posted: Oct 06, 2025
Chaucer Group, the global specialty re/insurance group, announced the launch of Vanguard, a comprehensive cyber risk management and insurance solution designed to protect organizations in the face of an evolving threat landscape. This new primary bus...
Posted: Oct 06, 2025
Russian warships have repeatedly sailed on collision courses, aimed weapons at Danish naval vessels and disrupted navigation systems in Denmark’s straits that connect the Baltic Sea to the North Sea, its defense intelligence service said on Fri...
Posted: Oct 06, 2025
India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance program aimed at simplifying the payout process after extreme weather events such as heatwaves and floods. The scheme would...
Posted: Oct 06, 2025
Malaysia’s financial services firm MBSB Bhd will provide MYR1.3 billion ($309 million) in funding to support the expansion of Weststar Aviation Services Sdn Bhd, the aviation arm of The Weststar Group, the Edge newspaper reported Friday, citing...
Posted: Oct 06, 2025
Kendra Kay loved growing up in the quiet of West Texas. She enjoyed the peacefulness brought in by the open lands. She appreciated how everyone in her community had a purpose and contributed to their way of life. She never …
Posted: Oct 06, 2025
A Delaware judge said former Activision Blizzard officials including Chief Executive Bobby Kotick must face most of a lawsuit alleging they shortchanged shareholders when Microsoft bought the “Call of Duty” game maker for $75.4 billion. C...
Posted: Oct 06, 2025
Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them via Oracle Corp.’s popular E-Business Suite applications, according to a Google cybersecurity executive and three o...
Posted: Oct 06, 2025
After Paola Freites was allowed into the U.S. in 2024, she and her husband settled in Florida, drawn by warm temperatures, a large Latino community and the ease of finding employment and housing. They were among hundreds of thousands of …
Posted: Oct 06, 2025
A toxic cloud of chemicals was released from an industrial site near Cocoa Beach last week, but authorities said no one was seriously injured, and the leak has been repaired. Florida Today and other news outlets reported that about 10 …
Posted: Oct 06, 2025
Florida’s Citizens Property Insurance Corp. is deferring the required proof of flood insurance while the federal government shutdown continues and the National Flood Insurance Program is in limbo. “Citizens will accept applications and de...
Posted: Oct 06, 2025