Insurance Journal

Skyward Specialty Names Zitzmann President of Inland Marine, Transactional Property

Skyward Specialty Insurance Group recruited Christopher Zitzmann as president of Inland Marine and Transactional Property. With more than two decades of experience in the property and inland marine markets, Zitzmann is known for his deep industry exp...

Posted: Sep 15, 2025

People Moves: World Insurance Associates Adds Posey as Lead of Market Relationships

World Insurance Associates announced today that Zach Posey has joined as its new leader of market relationships. Posey, who is based in Chicago, will engage with contingent capital providers to include insurers in developing unique solutions for clie...

Posted: Sep 15, 2025

California Extending Cap-And-Trade Program Aimed at Advancing State Climate Goals

California will extend a key climate program under a bill state lawmakers passed Saturday, sending the measure to Gov. Gavin Newsom, who has championed it as a crucial tool to respond to the Trump administration’s environmental rollbacks. The D...

Posted: Sep 15, 2025

Six States to Receive Federal Disaster Aid From Summer Floods

President Donald Trump has approved federal disaster aid for six states and tribes following storms and floods that occurred this spring and summer. The disaster declarations, announced Thursday, will allow federal funding to flow to Kansas, North Ca...

Posted: Sep 15, 2025

School Bus Carrying Oklahoma Softball Team Crashes, Injuring 7

A school bus carrying softball team members in Oklahoma crashed into a deer and overturned, ejecting some passengers and injuring seven people, the state highway patrol said. The crash happened Monday night on State Highway 152 near Minco in Grady &#...

Posted: Sep 15, 2025

Trump Files to Cancel Approval of Maryland Offshore Wind Farm

The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …

Posted: Sep 15, 2025

US Political Violence Surges to Record, Bloomberg Analysis Shows

Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …

Posted: Sep 15, 2025

Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace

There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” &#822...

Posted: Sep 15, 2025

Georgia Church Leaders Charged With Buying Homes With False Documents

Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Co...

Posted: Sep 15, 2025

Reuters: AI Chatbots Were Happy to Help Craft a Phishing Scam

The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their g...

Posted: Sep 15, 2025

Georgia Judge Won’t Award Attorney Fees to Governments in Rivian Lawsuit

A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority...

Posted: Sep 15, 2025

West Virginia Approves More Mining in Area Residents Say is Already Contaminated

In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Resid...

Posted: Sep 15, 2025

West Virginia Approves More Mining in Area Residents Say Is Already Contaminated

In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Resid...

Posted: Sep 15, 2025

Rolling Stone, Billboard Owner Penske Sues Google Over AI Overviews

The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washing...

Posted: Sep 15, 2025

Markets/Coverages: MGA Arrow Launches Tech E&O Practice With Bridgehaven Capacity

Arrow Risk Management, the London-based specialist MGA underwriting platform, announced a strategic partnership with Bridgehaven Specialty UK Ltd. to launch its tech E&O underwriting practice. The practice will be led by Graeme King, who is one o...

Posted: Sep 15, 2025

People Moves: AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty; Liberty Specialt...

This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM). A summary of these new hires follows here. AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty AXA XL has appointed Donnac...

Posted: Sep 15, 2025

North Korean Hackers Used ChatGPT to Help Forge Deepfake ID

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a f...

Posted: Sep 15, 2025

People Moves: PIA New York Elects Officers; Bartow Elected President

Dix Hill, New York insurance agent Jason Bartow, AAI, CPIA, TRA, has been elected president of the Professional Insurance Agents of New York State (PIANY). Bartow is commercial lines executive vice president of Eugene A. Bartow Insurance Agency Inc....

Posted: Sep 15, 2025

AMP to Pay $80 Million to Settle Class Action Over Pension Fees

AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members …

Posted: Sep 15, 2025

Catastrophe Bonds Worth $17.5 Billion Land in EU Crosshairs

Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a potential selloff. At issue is the $17.5 billion...

Posted: Sep 15, 2025

XPT Expands Growth and Broker Platform with Increased Investment from B.P. Marsh

Backing accelerates XPT Specialty’s mission to recruit and empower top producers across the United States September 15, 2025 — XPT Specialty, one of the fastest-growing specialty insurance distribution platforms in the U.S., today announced tha...

Posted: Sep 15, 2025

Boeing Faces $3.1 Million in Fines for Safety Violations

The Federal Aviation Administration said it would fine Boeing Co. $3.1 million for a series of safety violations that it uncovered over a space of several months between late 2023 and early last year. The violations included interference with safety...

Posted: Sep 15, 2025

US Appeals Court Hits Pause on Challenges to SEC Climate Rule

A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and Exchange Commission’s climate regulations until the Wall Street regulator decides whether it plans either to change them...

Posted: Sep 15, 2025

California Roofing Contractor Must Pay $2M in Unpaid Wages, Damages

A federal court ordered a Northern California-based roofing contractor to pay $1.9 million in back wages and damages to 158 workers after a U.S. Department of Labor investigation reportedly found the employer failed to pay required overtime rates to...

Posted: Sep 15, 2025

Meta, OpenAI Face FTC Inquiry on Chatbot Impact on Kids

The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence chatbots to turn over information about the impacts of their technologies on kids. The antitrust and...

Posted: Sep 15, 2025