Insurance Journal

3 Big Questions Facing FEMA With Kristi Noem Out

President Donald Trump ousted Kristi Noem as head of the Department of Homeland Security, a move announced Thursdaythat will also have major implications for the nation’s top disaster agency. The Federal Emergency Management Agency, which falls...

Posted: Mar 09, 2026

Liberty Mutual ‘Shifting From Fixing to Building’ in 2026, CEO Says

Liberty Mutual’s underwriting results across its businesses came in ahead of targets the company set three years ago when the business was unprofitable, the chief executive reported yesterday, also giving a sense of future strategies. “In...

Posted: Mar 09, 2026

Study Analysis: AI May Be Tempering Insurer Hiring

The share of insurance companies planning to maintain their current staff size over the next 12 months has reached a 15-year high—while just 7% of insurers plan to reduce headcount in 2026. Aon and The Jacobson Group’s Q1 2026 Insurance …

Posted: Mar 09, 2026

Study: AI May Be Tempering Insurer Hiring

The share of insurance companies planning to maintain their current staff size over the next 12 months has reached a 15-year high—while just 7% of insurers plan to reduce headcount in 2026. Aon and The Jacobson Group’s Q1 2026 Insurance …

Posted: Mar 09, 2026

Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse

Five insurance carriers cannot be expected to defend or indemnify a Georgia boarding school where child sexual abuse took place decades before the liability policies were written, the Georgia Court of Appeals has found in a ruling that reversed a &#8...

Posted: Mar 09, 2026

Plane That Crashed in Maine Spent Too Long on Runway After Deicing, NTSB Says

A private jet that crashed in Maine in January, killing all six people aboard, remained on the ground 8 minutes longer than it should have after receiving a deicing treatment in a snowstorm, according to a preliminary report issued Friday …

Posted: Mar 09, 2026

Search Ends for Survivors After Fishing Vessel Sank Off Cape Cod, Killing 2

The search has been called off for any survivors after a commercial fishing vessel with two people aboard sank off Cape Cod, the U.S. Coast Guard said Friday. Coast Guard Sector Southeastern New England received a notification just before noon &#8230...

Posted: Mar 09, 2026

People Moves: NFP Names Ross Head of Broking, West Region

NFP hired Michelle Ross as vice president, head of property/casualty broking, for its West region. Ross was previously NFP’s California broking leader. With more than three decades in the commercial insurance industry, Ross has partnered with m...

Posted: Mar 09, 2026

Florida Insurance Costs Are Now 14.5% Lower Than They Would Have Been Without Tort Reforms, Report F...

Florida’s landmark 2022 and 2023 legislative changes have had a big impact on the state’s economy, thanks to lowered insurance costs that have freed up money for other investments and have attracted new companies to the state, says a repo...

Posted: Mar 08, 2026

Disaster on Main Street: How to Protect Small Businesses From the Weather

By Andrea Wells Small businesses are not immune to the increasing frequency and intensity of severe weather-related events. Even a lengthy power outage from a winter storm can be a threat to small businesses, leading to economic damage that is &#8230...

Posted: Mar 08, 2026

Helping Small Businesses Prepare

Small businesses are not always the owners of the building where they operate. That can limit what can be done to prepare for a natural disaster, but every business should be prepared regardless. “Small business owners may be tenants of …

Posted: Mar 08, 2026

How Parametric Products Can Help Business Resilience Amid Climate Uncertainty

Power outages in the U.S. are rising at an astronomical rate. And the surge is not just affecting homes and communities but also businesses–disrupting operations; damaging equipment and inventory; and costing billions in lost revenue, productiv...

Posted: Mar 08, 2026

How Parametric Coverage Can Close the Gap for Small Business

With climate-related disasters rising in the past decade, business interruption claims have surged, said Ross Sinclair, founder and CEO at UK-based EIP, an embedded insurance program provider. Sinclair believes parametric insurance coverage can play...

Posted: Mar 08, 2026

Data Center Boom Expected to Boost Growth Opportunities for Global Brokers, Industry

The global boom in the construction of data centers–driven by the growth of generative artificial intelligence (AI) and machine learning–is creating organic growth opportunities for major brokers such as Aon and Marsh. “Over the nex...

Posted: Mar 08, 2026

Winter Storms Rewrite the Risk Playbook

It’s safe to say it’s been a rough start to 2026 in terms of winter storms in the United States. Every winter, the country is at risk of extreme cold and severe weather that tests the limits of infrastructure and …

Posted: Mar 08, 2026

Opportunities for Specialty Insurance Growth in 2026

As we move further into 2026, insurers are taking stock of evolving market conditions and crystallizing the opportunities and priorities shaping the year ahead. In the specialty space, the outlook varies depending on your vantage point. Historically,...

Posted: Mar 08, 2026

Attorneys for Suspect in LA Wildfire Seek Release Based on New Evidence

Defense attorneys for the man accused of sparking the deadly Palisades Fire in Los Angeles held a news conference Thursday to call for his release from jail in light of new evidence they say shows he is not responsible for …

Posted: Mar 06, 2026

AM Best Upgrades Issuer Credit Rating of First Chicago Insurance Group Members

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of First Chicago Insurance Company and United Security Ins...

Posted: Mar 06, 2026

AI ‘Man Camps’ Offer Golf, Free Steaks to Lure Workers in Texas

Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn’t much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence,...

Posted: Mar 06, 2026

NHTSA to Hold Self-Driving Safety Forum With CEOs of Waymo, Zoox, Aurora

The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox and Aurora on Tuesday. The Trump administration is looking for ways to speed depl...

Posted: Mar 06, 2026

After Florida Charged People With Selling Insurance Licenses, 12 More Arrested

Two years ago, Rainier Miguel Salas and two licensed Florida insurance agents were charged with selling insurance agent licenses—all part of an illicit licensing school in Miami. This week, 12 others in the Miami area were charged with participating...

Posted: Mar 06, 2026

Markets/Coverages: Floodbase Expands Parametric Platform

Parametric platform Floodbase said it has unveiled its Floodbase Quote API to enable insurers and MGAs to reduce manual quoting cycles into workflows that dramatically accelerate distribution and offer new portfolio flood solutions for the historical...

Posted: Mar 06, 2026

World’s Farmers See Fertilizer Price Surge as Iran War Blocks Exports

The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches. The war, which has closed the Strait of Hormuz, has shut down &#...

Posted: Mar 06, 2026

People: Alliant Names McMinn VP in Benefits Group

Alliant Insurance Services named Will McMinn, formerly an employee benefits consultant with USI Insurance, as vice president in Alliant’s employee benefits group. McMinn, with 20 years of experience in the space, will be based in Charlotte, Nor...

Posted: Mar 06, 2026

Legal Fight Over SpaceX Beach Closures Hits Texas Supreme Court

The Texas Supreme Court pondered how far the state can go in limiting access to a public beach during oral arguments Thursday in a case involving the closure of Boca Chica Beach for SpaceX’s rocket launches. Rio Grande Valley environmentalist &...

Posted: Mar 06, 2026