Insurance Journal

Missile Fire Hinders Middle East Rescue Flights as Airspace Edges Open

Emirati airlines resumed some flights to global cities from the war-hit Gulf on Friday, but a Lufthansa jet that was headed to the region diverted over safety fears and an Air France repatriation flight was forced to turn back due …

Posted: Mar 06, 2026

More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region

More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region. A Bahamas-flagged crude oil tanker was targeted by...

Posted: Mar 06, 2026

Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says

Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway. A review of shipping signals have confirmed …

Posted: Mar 06, 2026

EU Countries Give Final Approval to 2040 Climate Target for 90% Emissions Cut

European Union countries gave the final approval on Thursday to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc’s ambitious climate agenda despite political resistance. The new climate target is...

Posted: Mar 06, 2026

Seafarers Can Refuse to Sail Through Mideast Gulf Region, Main Union Says

Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labor union and shipping …

Posted: Mar 06, 2026

24 States File Lawsuit to Stop Trump’s Latest Global Tariffs

A group of 24 U.S. states sued President Donald Trump’s administration on Thursday in the first legal challenge to his newly imposed 10% global tariffs, alleging that the president cannot sidestep a recent U.S. Supreme Court ruling that invalid...

Posted: Mar 06, 2026

Tight Truck Capacity Opens Window for US Railroads to Win Back Freight

U.S. railroads including CSX Corp, Union Pacific and BNSF are moving to recapture freight from truckers as tightening trucking capacity and rising road-haul rates bolster rail’s competitive position. For years, low trucking rates and greater fl...

Posted: Mar 06, 2026

After Buyout, Universal North America Changes Name to One Alliance

A year after it was acquired by its CEO’s new holding company, Universal North America has added offices in Florida and changed its name. Universal Insurance Co. of North America, admitted in Florida with offices in Sarasota and in Orlando, &#8...

Posted: Mar 06, 2026

Virginia Could Pave Way for Self-Driving Cars and Trucks by 2028

Even if self-driving vehicles become legally possible in Virginia, they’d have to get through several more rounds of discussion and possible regulation before they could hit the road. Sen. Saddam Salim (D-37), the chief patron of legislation in...

Posted: Mar 06, 2026

Maine’s Local Governments Spent $3 Million of Its Opioid Settlement Funds Last Year

Local governments spent $3 million in opioid settlement funds last year on projects ranging from addiction treatment in jails to prevention workshops in schools, according to new data collected by the attorney general’s office and the Universit...

Posted: Mar 06, 2026

xAI Loses Bid to Halt California AI Data Disclosure Law

Elon Musk’s artificial intelligence company xAI failed to convince a California federal court on Thursday to temporarily block the state’s law requiring companies to disclose information about the data they use to train AI models. U.S. Di...

Posted: Mar 06, 2026

Insurance Issues Topped Complaints to Oregon Financial Regulator Last Year

Insurance issues were the most frequent complaint fielded by the Oregon Division of Financial Regulation last year. In the final quarter of 2025, the DFR received 935 insurance complaints, bringing the total of 3,700 insurance complaints for last yea...

Posted: Mar 06, 2026

Why EV Chargers Are Booming Despite Slumping New Car Sales

Despite the plunge in US electric vehicle sales, it appears there’s a critical enough mass to sustain the companies building public charging infrastructure. ChargePoint Holdings Inc. posted a 7% increase in sales in the last quarter of 2025, ev...

Posted: Mar 05, 2026

Texas Engineering Firm Honored for Commitment to Workplace Safety

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized Pond & Company with a Lone Star Safety Award renewal for demonstrating an ongoing commitment to workplace safety and health at its Baytown facility. P...

Posted: Mar 05, 2026

Meta Trial in New Mexico Highlights Video Depositions by Top Executives

Prosecutors began presenting never-before-seen video depositions of Meta executives at a trial in New Mexico on Tuesday to bolster accusations that the social media conglomerate failed to disclose what it knows about harmful effects to children on it...

Posted: Mar 05, 2026

Severe Storms in Kansas Lead to $879 Million in Insurance Claims in 2025

Severe storms in Kansas caused $879 million in insurance claims in 2025, the state insurance department said. More than 82,000 total storm claims reported in 2025. The claim amounts was a 99% increase from 2023, which totaled 147,710 claims and &#823...

Posted: Mar 05, 2026

People Moves: Macumber Joins Highstreet Insurance Partners as Chief Growth Officer

Highstreet Insurance Partners announced that Todd Macumber has joined the organization as chief growth officer. In this role, Macumber will lead business development and industry solutions, while also overseeing loss control and claims management. He...

Posted: Mar 05, 2026

Texas Camp Can’t Alter Its Property While Civil Suit Proceeds, Judge Rules

Camp Mystic cannot alter its property by the Guadalupe River where 27 girls and the camp’s executive director died last summer, so that evidence can be preserved while a lawsuit proceeds, a judge in Austin ruled Wednesday. The camp cannot &#823...

Posted: Mar 05, 2026

Fla. Senate Approves New Clearinghouse Bill Despite Sponsor’s Evasive Answers

It’s now up to the Florida House of Representatives to adopt last-minute changes to a controversial bill that would set up not one but two clearinghouses for Citizens Property Insurance commercial policies. The state Senate Wednesday night appr...

Posted: Mar 05, 2026

Report Lays Out Decades of Child Sex Abuse by Clergy in Rhode Island Diocese

Rhode Island officials have released a report blasting the Catholic Diocese of Providence for what it calls a “well-worn pattern” of failing to remove dozens of priests accused of child sexual abuse and keeping the abuse secret over decad...

Posted: Mar 05, 2026

Father Who Gave Gun to Georgia School Shooter Found Guilty

A Georgia man who gave his teenage son the gun he’s accused of using to kill two students and two teachers at a high school was convicted Tuesday of second-degree murder and involuntary manslaughter. Jurors took less than two hours …

Posted: Mar 05, 2026

‘Deadliest Catch’ Crewman Todd Meadows Dies After Falling Overboard

A deckhand on the reality television show “Deadliest Catch,” which documents the lives of crab fishermen working in one of the world’s harshest environments, died after he was reported to have fallen overboard, the U.S. Coast Guard...

Posted: Mar 05, 2026

India Seeks US Marine Cover for Middle East Energy Cargoes, Source Says

India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi seeks to shield buyers from potential supply disruptions caused by the crisis in the Gulf, a government …

Posted: Mar 05, 2026

Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say

The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide political risk insurance and guarantees for maritime trade in the Gulf, Lloyd’s market official...

Posted: Mar 05, 2026

Perishables to Plane Parts Stranded as Middle East Conflict Hits Air Cargo

Shipments ranging from fresh produce to airplane parts are in limbo as an escalating Middle East conflict reduces the world’s air cargo capacity by more than one-fifth and pushes up freight rates, with executives bracing for backlogs of goods....

Posted: Mar 05, 2026