Insurance Journal

Starr Completes Acquisition of IQUW Group

Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which creates a more diversified specialty re/insurance platform with enhanced capabilities across the London marke...

Posted: Mar 23, 2026

Two Pilots Killed, Dozens Injured in Jet Collision With Fire Truck at LaGuardia Airport

An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport late on Sunday, killing both pilots, injuring dozens and closing the facility, authorities said. The Air Canada Express CRJ-900 plane, operated b...

Posted: Mar 23, 2026

Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover

A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in …

Posted: Mar 23, 2026

Iran Threatens to Strike Gulf Power Plants After Trump Ultimatum

Iran will attack Israel’s power plants and those supplying U.S. bases across the Gulf region if President Donald Trump carries out his threat to “obliterate” Iran’s power network, the Revolutionary Guards said in a statement o...

Posted: Mar 23, 2026

Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies There Are Cease Fire Talks

U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week. …

Posted: Mar 23, 2026

Trump Puts Off Threat to Bomb Iran Power Grid; Three Countries Reportedly Mediating

U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week. …

Posted: Mar 23, 2026

Update: Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies Talks Taking Place

U.S. President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on …

Posted: Mar 23, 2026

Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies Talks Taking Place

U.S. President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on …

Posted: Mar 23, 2026

Fermat Criticizes ‘Unprecedented’ EU Plan to Limit Retail Investor Access to Cat Bonds

Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and m...

Posted: Mar 23, 2026

Update: Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.4...

Posted: Mar 23, 2026

Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine

Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.4...

Posted: Mar 23, 2026

Chinese Insurer Ping An’s Offshore Unit Reconsiders US Exposure

The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …

Posted: Mar 23, 2026

Iran-Linked Hackers Restore Website After US Seizes Domains

The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …

Posted: Mar 23, 2026

Hyundai Says More Injuries Tied to SUV Rear Power Seat Recall

Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl …

Posted: Mar 23, 2026

Remote Spanish Airport Again Becomes Parking Lot for Planes, This Time Due to Iran War

An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …

Posted: Mar 23, 2026

Remote Spanish Airport Again Becomes Parking Lot for Planes, This Time With Iran War

An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …

Posted: Mar 23, 2026

Remote Spanish Airport Again Becomes Parking Lot for Planes, This Time on Iran War

An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …

Posted: Mar 23, 2026

The Luxury Life of British Expats in Dubai Faces a Reality Check

On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for …

Posted: Mar 23, 2026

‘Mental Health Trip’ to NY Not Compensable, Florida Appellate Court Finds

A south Florida FedEx driver, now a quadriplegic after a vehicle crash in 2019, may need constant care and may benefit from a trip to see family members in New York. But the employer and the workers’ compensation insurer should …

Posted: Mar 23, 2026

Predicting the Insurability of Prediction Markets

Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi Nakamoto—the elusive, pseudonymous creator of bitcoin—act...

Posted: Mar 23, 2026

Orlando Apartment Complex Evacuated After Cracks Found on All Five Floors

More than 350 people were hastily evacuated from an Orlando apartment complex last week after fire officials found cracks throughout the building along with doors that wouldn’t open. Local news outlets reported that a panicky resident called 91...

Posted: Mar 23, 2026

Negligence Suit Filed Over Death of Former New York Yankee’s Teenage Son at Resort

A lawsuit filed Friday blames the owners and others associated with a resort in Costa Rica for the carbon dioxide-related death of former New York Yankees outfielder Brett M. Gardner’s teenage son last year. Gardner and other relatives filed a...

Posted: Mar 23, 2026

Rise of the Analytical Agent: Building Stronger Insurance Agencies with Business Intelligence

Today’s agents are dealing with a pace of innovation that would boggle their predecessors’ minds. This data-centric era and uncertain economic landscape places pressure on agents to adapt to and incorporate the latest technology, with an...

Posted: Mar 22, 2026

The ‘Gray Zone’

Peter Bransden, head of crisis management, North America, at Willis, said recent developments in the Middle East heighten and complicate political violence risk that organizations face at home and abroad. “So long as the conflict continues and...

Posted: Mar 22, 2026

A Tip on Vendors: Contractual Risk Transfer

Another area to pay close attention to when insuring restaurants and bars is third-party contractual risk transfer with vendors. Paul Broussard, a risk advisor at Cavignac Insurance Brokers in San Diego, said a recent claim illustrates why it’s...

Posted: Mar 22, 2026