Insurance Journal
As Typhoon Ragasa, the world’s most powerful tropical cyclone this year, approached Hong Kong this week, mass flight cancellations and lost revenue were not the only headache for airlines based at one of the world’s busiest airports. Ahea...
Posted: Sep 24, 2025
Super Typhoon Ragasa’s fierce winds have kept Hong Kong’s most severe storm warning in place for the second-longest ever duration, eclipsing storm Mangkhut but falling short of an all-out record. The city’s highest storm alert, sign...
Posted: Sep 24, 2025
Independent binding authority and wholesale brokerage XS Brokers recently announced Erik Wirkus has been promoted to chief executive officer. Wirkus has served as president of the Quincy, Massachusetts-based company since 2019. He has been with XS Br...
Posted: Sep 24, 2025
The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas—precisely the outcome the policy was meant to stop. U.S...
Posted: Sep 24, 2025
A company that snatched up distressed brick-and-mortar brands including RadioShack and Pier 1 Imports and promised investors big returns in a pivot to e-commerce operated as a Ponzi-like scheme, the US Securities and Exchange Commission alleged. When...
Posted: Sep 24, 2025
Atlanta-based insurance and benefits brokerage OneDigital is the beneficiary of a $2.3 billion investment – a majority stake to be taken by the Canada Pension Plan and Stone Point Capital. The investment comes through an acquisition of a stake from &...
Posted: Sep 24, 2025
LP Insurance named Heather Thompson as its first chief financial officer. Thompson joined LP in 2018 as a financial analyst and was promoted to controller, overseeing all of LP’s accounting and finance operations in 2022. As CFO, she leads LP&#...
Posted: Sep 24, 2025
California-based ALKEME Insurance reports it has acquired Gotham Brokerage Co., a New York City insurance agency specializing in insurance for condos, co-ops, and apartments with a concentration in the high-value real estate markets of Brooklyn and M...
Posted: Sep 24, 2025
Karen Read’s lawyers asked a judge on Monday to dismiss part of a wrongful death lawsuit brought by the family of her former Boston police officer boyfriend, whose killing she was acquitted of earlier this year after two highly publicized ̷...
Posted: Sep 24, 2025
Many fled when wildfires devastated Los Angeles earlier this year, but Guillermo del Toro rushed back in, determined to save his lifelong collection of horror memorabilia. It’s the same loyalty that finds him making another tough decision to pr...
Posted: Sep 24, 2025
Root Insurance has brought its driving behavior insuring pricing model to Washington in an expansion of its West Coast footprint. Root now offers its product to drivers in Washington, Oregon and California. Root’s model is designed to measure d...
Posted: Sep 23, 2025
Michigan Attorney General Dana Nessel has reached two settlement agreements with the current and past owners of a paper mill in White Pigeon, Michigan. The two settlements secure funding for response activities to address per- and polyfluoroalkyl sub...
Posted: Sep 23, 2025
A man who set fires at two mosques in Minnesota in 2023 pleaded guilty to federal charges Wednesday, federal prosecutors said. Jackie Rahm Little, 38, admitted to one count of arson and one count of damage to religious property for …
Posted: Sep 23, 2025
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of National Unity Insuranc...
Posted: Sep 23, 2025
The father of a teenager who died by suicide this spring delivered emotional congressional testimony, alleging OpenAI’s ChatGPT “groomed” his 16-year-old son to take his own life and the company prioritized speed and market share ov...
Posted: Sep 23, 2025
Big data centers that power the artificial intelligence industry demand an abundance of energy. West Texas — known for producing 40% of the nation’s crude oil — also has an extraordinary amount of natural gas that could power those data …
Posted: Sep 23, 2025
Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry should use artificial intelligence to help them spot problems among the firms that they supervise. “I think we’...
Posted: Sep 23, 2025
Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology,...
Posted: Sep 23, 2025
Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New J...
Posted: Sep 23, 2025
Our friend, Christopher Boggs, Chief Consultant with Boggs Risk and Insurance Consulting, returns to respond to a great comment left on his recent post. He’ll tell you more below. Happy reading. Several days ago I published an article entitled,...
Posted: Sep 23, 2025
China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the latest companies to be targeted by a government crackdown on user behavio...
Posted: Sep 23, 2025
Nationwide may not have felt much change in the construction sector during the first half of 2025, but there are now some signs of shifting due to the unknowns of tariffs. “[We’re] definitely started to see a little of the …
Posted: Sep 23, 2025
The Trump administration linked Tylenol to autism and urged pregnant women to avoid the common pain medication despite the lack of widely accepted scientific evidence supporting the risk. “So taking Tylenol is not good — I’ll say it — it&...
Posted: Sep 23, 2025
Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon is packing top sustained winds of 220 …...
Posted: Sep 23, 2025
Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved ...
Posted: Sep 23, 2025