Insurance Journal
The Roman Catholic Diocese of Albany, New York has agreed to pay $148 million into a fund to settle claims of clergy and employee sexual abuse in an agreement approved by the committee of sexual abuse survivors. The amount is …
Posted: Mar 30, 2026
This edition of International People Moves details appointments at brokers WTW and Guy Carpenter. A summary of these new hires follows here. WTW Makes Structural and Leadership Changes to EMEA Regional Operations Insurance broker WTW announced struct...
Posted: Mar 30, 2026
A search for three crew members reported missing after a Thai-flagged cargo vessel was attacked in the Strait of Hormuz earlier this month failed to locate them, according to ship’s owner. Mayuree Naree, owned by Bangkok-based Precious Shipping...
Posted: Mar 30, 2026
The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plan...
Posted: Mar 30, 2026
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s...
Posted: Mar 30, 2026
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its lo...
Posted: Mar 30, 2026
The European Commission was hit by a cyberattack that may have resulted in the theft of internal data, months after another incident potentially exposed some staff details. The European Union’s executive arm experienced a breach on March 24, a...
Posted: Mar 30, 2026
Israel and US strikes have wiped out senior Iranian leaders and hit key targets across the country. But after a month of fighting, it is arguably Iran that has secured the most significant strategic victory — a tightening grip over …
Posted: Mar 30, 2026
Lagos, Nigeria’s commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access relief when disaster strikes. The policy covers up to 4 million people in the coastal megacity, according to a statem...
Posted: Mar 30, 2026
President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed by the impact of the Iran war, tariffs and other challenges. Trump said the loan guarantees would cover farmers...
Posted: Mar 30, 2026
Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Friday. Lawyers for the bank and the women …
Posted: Mar 30, 2026
Several US airports advised travelers on Saturday to arrive at least four hours before their flights because of long security lines even after President Donald Trump said Transportation Security Administration workers would be paid by tapping funds f...
Posted: Mar 30, 2026
Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1 billion or more in revenue...
Posted: Mar 30, 2026
More than 100 homeowners have charged in a lawsuit that officials in Sarasota County, Florida, failed to maintain a dike for years, allowing Hurricane Debby’s floodwaters to inundate homes throughout an upscale subdivision. “Engineering m...
Posted: Mar 30, 2026
Separate natural gas explosions in January 2024 that destroyed two homes in Jackson, Mississippi resulted from underground pipes pulling loose from their fittings as spongy clay soil expanded and contracted with rainfall, according to a federal repor...
Posted: Mar 30, 2026
A school bus crash in west Tennessee on Friday killed two students and injured at least seven other people, officials said. The crash involving a Tennessee Department of Transportation dump truck, a Chevrolet Trailblazer and the school bus took place...
Posted: Mar 30, 2026
A new analysis from the California Department of Insurance and the National Association of Insurance Commissioners shows that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to a standard set by the Insurance Instit...
Posted: Mar 30, 2026
Inszone Insurance Services acquired Streeter Brothers Insurance in Billings, Montana. Streeter Brothers Insurance will continue operating from its current Billings location, with the existing team remaining in place. Founded in 1922 by Delton and Del...
Posted: Mar 30, 2026
Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at an exclusive private school in Pennsylvania received probation last Wednesday after dozens of victims described the images’ traumatizing effect...
Posted: Mar 30, 2026
Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at an exclusive private school in Pennsylvania received probation last Wednesday after dozens of victims described the images’ traumatizing effect...
Posted: Mar 30, 2026
When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase...
Posted: Mar 30, 2026
Philadelphia Phillies third baseman Alec Bohm has sued his parents for millions of dollars, accusing them of siphoning large amounts of his money into financial accounts they managed for him and then using some of the cash to pay their …
Posted: Mar 30, 2026
A pole barn contractor who defrauded consumers of more than $400,000 has been sentenced to at least 17 years in prison after being convicted of 47 felony counts, Ohio Attorney General Dave Yost announced this week.. This month, Marion resident …...
Posted: Mar 27, 2026
Six months after scrapping their own seawater desalination plant project, Corpus Christi City Council voted Tuesday to consider an agreement with a private company to purchase water from its desalination plant to help stave off an impending water eme...
Posted: Mar 27, 2026
Marsh names Zafiriadis Leader of new Service Delivery Practice, US and Canada, Marsh Risk Marsh, headquartered in New York City, appointed Katrina Zafiriadis as leader of its newly established service delivery practice (SDP), U.S. and Canada, Marsh R...
Posted: Mar 27, 2026