Insurance Journal

Yet Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say

Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida &...

Posted: Aug 22, 2025

Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say

Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida &...

Posted: Aug 22, 2025

Oregon Division of Financial Regulation Earns NAIC Accreditation

The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The purpose of NAIC accreditation is to ensure that state insurance departments meet base...

Posted: Aug 22, 2025

Markets/Coverages: Arden’s Parametric Wildfire Risk Program Backed by SiriusPoint

Brokers in western states take note: there is new help for wildfire risks. Specialty re/insurer SiriusPoint Ltd. is offering capacity to managing general underwriter Arden Insurance Services LLC for a wildfire exposed risks program that includes embe...

Posted: Aug 22, 2025

Markets/Coverages: Volvo Launches Independent Agency; Arden’s Wildfire Program Backed by SiriusPoint

Volvo Launches Independent Agency Auto manufacturer Volvo has launched an independent insurance agency offering not just car insurance for Volvos but also home and umbrella insurance. The Mahwah, New Jersey-based Volvo Car Insurance Services represen...

Posted: Aug 22, 2025

How Hurricanes, Fires and Floods Put Drugs and Medical Supplies at Risk

When Hurricane Helene barreled across several southern states last fall, it destroyed homes and killed more than 150 people. The storm also took out one of the country’s main factories producing intravenous fluid bags widely used in hospitals....

Posted: Aug 22, 2025

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Health officials are working to alert hundreds of people in dozens of states and several countries who may have been exposed to rabies in bat-infested cabins in Wyoming’s Grand Teton National Park over the past few months. As of Friday, …

Posted: Aug 22, 2025

Baltimore Shipping Channel Reopened After Explosion on Ship Near 2024 Bridge Collapse

Investigators on Tuesday were trying to determine what caused an explosion aboard a cargo ship laden with coal as it departed Baltimore’s harbor for East Africa. Officials said no one was injured in the blast Monday evening, which prompted a &#...

Posted: Aug 22, 2025

People Moves: Montoya Joins Liberty Naranjo as VP, Producer; Alliant Human Capital Names Chalmers SV...

Montoya Joins Liberty Naranjo as VP, Producer The Liberty Company Insurance Brokers (Liberty), headquartered in Gainesville, Florida, named Brittany Montoya vice president and producer at Liberty Naranjo, Liberty’s high-growth Northern Californ...

Posted: Aug 22, 2025

‘What About Legacy Admissions?’ Critics Ask as Trump Presses Colleges for Merit

As President Donald Trump attempts to reshape college admissions, he’s promising a new era of fairness, with an emphasis on merit and test scores and a blind eye toward diversity. Yet the Republican president’s critics — and some allies —...

Posted: Aug 22, 2025

Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream...

Posted: Aug 22, 2025

Just 35 Complaints of Debanking Cite Political Bias Despite Trump Order

Less than one percent of customers who filed detailed complaints about checking or savings account closures with the U.S. Consumer Financial Protection Bureau over the last 13 years accused banks of acting for political or religious reasons, even as...

Posted: Aug 22, 2025

Honeycomb Launches in Minnesota

Honeycomb Insurance, a digital MGA specializing in property and casualty coverage for landlords and condominium associations, announced that it has begun writing policies in Minnesota, with plans to expand into four additional states over the upcomin...

Posted: Aug 21, 2025

Entergy to Build Three Gas Plants for Meta’s Biggest Data Center

Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center. Meta’s latest and largest data center is a 4 million–square–foot complex in rural Louisiana inte...

Posted: Aug 21, 2025

Texas Is Warning Health Providers to Stop Mailing Abortion Pills to State

Texas officials are warning health care providers to stop sending abortion pills into the state or risk fines and prosecution, as Attorney General Ken Paxton seeks to halt the flow of medicine that’s circumventing local restrictions. Prosecutor...

Posted: Aug 21, 2025

Trump $464 Million NY Civil Fraud Penalty Vacated on Appeal

A New York appeals court struck down a $464 million fraud fine against President Donald Trump and his company, handing him a victory over the state’s attorney general. In a decision issued Thursday, the Manhattan appellate court still found tha...

Posted: Aug 21, 2025

Green Shield Risk Solutions Launches Guardian Elite Home in California, Colorado

Green Shield Risk Solutions, a managing general agent, has announced the launch of its flagship homeowners program, Guardian Elite Home. The program was created exclusively for wildfire-prone regions of Colorado and California. Designed for affluent...

Posted: Aug 21, 2025

Minnesota Sues TikTok Over Addictive Algorithms

Minnesota on Tuesday joined a wave of states suing TikTok, alleging the social media giant preys on young people with addictive algorithms that trap them into becoming compulsive consumers of its short videos. “This isn’t about free speec...

Posted: Aug 21, 2025

Erin’s Massive Waves Threaten to Isolate North Carolina’s Outer Banks

There’s a popular T-shirt on Hatteras Island along the North Carolina Outer Banks that says: “One road on. One road off (sometimes)” — poking fun at the constant battle between Mother Nature and a thin ribbon of pavement connecting...

Posted: Aug 21, 2025

North Carolina Veterinary Hospital Explodes After Car Hits Gas Line, Police Say

A brand new veterinary hospital exploded Tuesday morning in North Carolina after a car crashed into a nearby gas meter, authorities said. About 20 minutes before the explosion in Wilmington, a car had run off the road and hit the …

Posted: Aug 21, 2025

Accusations Fly About Immigration Status of Truck Driver in Fatal Florida Accident

The U.S. Department of Homeland Security said Monday that a truck driver accused of making an illegal U-turn that killed three people in Florida was in the country illegally, fueling a verbal tussle with California Gov. Gavin Newsom’s office ov...

Posted: Aug 21, 2025

People Moves: QBE Promotes Massé to Head of European Claims; Underwriting Agency Doe and Emuss Names...

This edition of International People Moves details appointments at QBE European Operations and London-based underwriting agency Doe and Emuss. QBE Promotes Massé to Head of European Claims Commercial insurer QBE has promoted Virginie Massé to the rol...

Posted: Aug 21, 2025

Google Settles YouTube Children’s Privacy Lawsuit for $30 Million

Google will pay $30 million to settle a lawsuit claiming it violated the privacy of children using YouTube by collecting their personal information without parental consent, and using it to send targeted ads. A preliminary settlement of the proposed...

Posted: Aug 21, 2025

Scattered Spider Member Sentenced to 10 Years in String of Hacks

A member of a notorious cybercrime gang known as Scattered Spider was sentenced on Wednesday to ten years in prison in connection with a string of major hacks and cryptocurrency thefts. US District Judge Harvey Schlesinger delivered the sentence to &...

Posted: Aug 21, 2025

Hurricane Erin to Menace Eastern US Beaches Into the Weekend

Hurricane Erin is triggering dangerous beach conditions across much of the US East Coast that will likely last into the weekend, as the storm pushes north in the waning days of the summer travel season. Erin is not currently forecast …

Posted: Aug 21, 2025