Insurance Journal

US Vehicle Thefts Declined Nearly 25% Last Year: NICB

Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...

Posted: Mar 19, 2026

Vehicle Thefts Declined Nearly 25% Last Year: NICB

Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...

Posted: Mar 19, 2026

EU Sanctions Chinese and Iranian Companies for Cyberattacks

The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The EU listed China-based Integrity Technology Group and Anxun Information Technology, and Iranian company Emenn...

Posted: Mar 19, 2026

Tesla Is Sued by Survivor of Deadly Cybertruck Crash

Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan is Massive, Popular—and Broken, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan is Massive, Popular—and Flawed, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan Is Massive, Popular—and Flawed, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations

A cardiology business and three physicians in Arizona were ordered to pay $4.75 million to resolve allegations they performed medically unnecessary vein ablations. Tri-City Cardiology, P.C., a physician group based in the metro area of Phoenix, and t...

Posted: Mar 19, 2026

Does Workers’ Compensation Cover Injury Caused by Performing a ‘Common Courtesy’?

An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Wor...

Posted: Mar 19, 2026

Does Workers’ Compensation Cover Employee Injured Performing a ‘Common Courtesy’?

An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Wor...

Posted: Mar 19, 2026

California Weighs Crackdown on Social Media for Kids Under 16

The home of the world’s highest-flying social media companies is considering a measure to clip their wings. A bipartisan bill in California would establish a minimum age requirement for social media accounts, curtailing the access of minors to...

Posted: Mar 19, 2026

Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality

The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasingly worried about AI. So much so that artificial intelligence has become the second biggest reason they’re buying cyber insurance. Yet these co...

Posted: Mar 18, 2026

No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say

A building where explosives were manufactured in Tennessee was not outfitted with a sprinkler system or fire protection system before a massive explosion killed 16 workers in October, the U.S. Chemical Safety Board said this week. It’s not clea...

Posted: Mar 18, 2026

AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of T...

Posted: Mar 18, 2026

Iran War Potentially Raises Exposures for Terrorism, Political Violence Underwriters

The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war, While the ins...

Posted: Mar 18, 2026

Iran War Could Raise Exposures for Global Terrorism, Political Violence Underwriters

The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war. While the ins...

Posted: Mar 18, 2026

People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Managem...

Global law firm Clyde & Co has announced the opening of a new office in Highland, Indiana, expanding its US footprint and further strengthening its North American trial and defense practice. The new office will be led by Renee Mortimer, …

Posted: Mar 18, 2026

Amazon Delivery Service Company Settles Disability Discrimination Suit

ALM Freight, LLC, an Amazon delivery service company, agreed to pay $47,000 and LMDmax Corp., ALM’s employment agency, agreed to pay $60,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission...

Posted: Mar 18, 2026

Corpus Christi Water Emergency Could Be Two Months Away

Corpus Christi leaders on Tuesday unveiled new projections suggesting that the city could be just two months away from triggering emergency water measures. At a marathon city council meeting that stretched for 10 hours, Nick Winkelmann, interim chief...

Posted: Mar 18, 2026

Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums

Florida authorities have charged a contractor with underreporting payroll and avoiding more than $1 million in workers’ compensation insurance premiums. Jacques G. Denomme, of Port St. Lucie, was arrested in Martin County and released on bond e...

Posted: Mar 18, 2026

Markets/Coverages: Marsh Risk Launches for US Excess Casualty Capacity; CRC Specialty Enhances Insur...

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certa...

Posted: Mar 18, 2026

Markets/Coverages: Marsh Risk Launches Facility for US Excess Casualty Capacity; CRC Specialty Enhan...

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certa...

Posted: Mar 18, 2026

Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less

Legislation that would have waived building permits for jobs valued at up to $7,500 failed to pass the Florida House this year, but the key clause found its way into another bill that is now awaiting the governor’s signature. “A …

Posted: Mar 18, 2026

Trump Again Vows to Block Wind Turbines During His Presidency

US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proud...

Posted: Mar 18, 2026

US Home Insurance Prices Set to Keep Rising With Severe Weather

US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this …

Posted: Mar 18, 2026