Insurance Journal

Iran Attacks Energy Sites, Defying Trump Calls for Restraint

Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s ass...

Posted: Mar 19, 2026

‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos

A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday sa...

Posted: Mar 19, 2026

India Offers Insurance Support as Small Exporters Face Cash-Flow Strain

Indian small and medium exporters are facing payment delays and cash‑flow stress as war‑risk premiums and emergency surcharges drive freight rates sharply higher, the trade ministry said on Thursday. Routes through conflict‑hit West Asia have seen a...

Posted: Mar 19, 2026

Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans

The number of companies suing for tariff refunds has spiked in recent weeks, a sign that many importers aren’t confident yet in the Trump administration’s plans to create a claims process after the US Supreme Court struck down the preside...

Posted: Mar 19, 2026

3 Use Cases for Bulk Terminations

Through much of the year, of course, terminations are fairly singular. They’re one-offs, only happening when an agent leaves their agency or the industry, if someone commits a crime and loses their license, or when someone dies. Yet, there are...

Posted: Mar 19, 2026

Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline

International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of businesses classes for some time, with recent market reports estimating that rates declined 4% in the fourth quar...

Posted: Mar 19, 2026

EU Moves to Ban AI That Creates Nonconsensual Sexual Images

Artificial intelligence tools that can be used to create nonconsensual sexual images may be banned in the European Union, following outcry after users used Elon Musk’s Grok service to generate thousands of undressed pictures of women and childr...

Posted: Mar 19, 2026

Countries Propose Safe Corridor to Free 20,000 Seafarers Stranded in Gulf

A proposal from the UN’s shipping agency on Wednesday calls for a safe maritime corridor to free some 20,000 seafarers stranded in the Gulf by war in Iran. Hundreds of vessels have dropped anchor since Tehran threatened to attack ships …

Posted: Mar 19, 2026

US Vehicle Thefts Declined Nearly 25% Last Year: NICB

Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...

Posted: Mar 19, 2026

Vehicle Thefts Declined Nearly 25% Last Year: NICB

Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...

Posted: Mar 19, 2026

EU Sanctions Chinese and Iranian Companies for Cyberattacks

The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The EU listed China-based Integrity Technology Group and Anxun Information Technology, and Iranian company Emenn...

Posted: Mar 19, 2026

Tesla Is Sued by Survivor of Deadly Cybertruck Crash

Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan is Massive, Popular—and Broken, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan is Massive, Popular—and Flawed, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Florida’s Home Hardening Grant Plan Is Massive, Popular—and Flawed, Critics Say

Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...

Posted: Mar 19, 2026

Arizona Cardiology Group Paying $4.75M Over Unnecessary Vein Procedure Allegations

A cardiology business and three physicians in Arizona were ordered to pay $4.75 million to resolve allegations they performed medically unnecessary vein ablations. Tri-City Cardiology, P.C., a physician group based in the metro area of Phoenix, and t...

Posted: Mar 19, 2026

Does Workers’ Compensation Cover Injury Caused by Performing a ‘Common Courtesy’?

An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Wor...

Posted: Mar 19, 2026

Does Workers’ Compensation Cover Employee Injured Performing a ‘Common Courtesy’?

An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Wor...

Posted: Mar 19, 2026

California Weighs Crackdown on Social Media for Kids Under 16

The home of the world’s highest-flying social media companies is considering a measure to clip their wings. A bipartisan bill in California would establish a minimum age requirement for social media accounts, curtailing the access of minors to...

Posted: Mar 19, 2026

Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality

The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasingly worried about AI. So much so that artificial intelligence has become the second biggest reason they’re buying cyber insurance. Yet these co...

Posted: Mar 18, 2026

No Sprinklers in TN Explosives Plant Building Where Blast Killed 16, Investigators Say

A building where explosives were manufactured in Tennessee was not outfitted with a sprinkler system or fire protection system before a massive explosion killed 16 workers in October, the U.S. Chemical Safety Board said this week. It’s not clea...

Posted: Mar 18, 2026

AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of T...

Posted: Mar 18, 2026

Iran War Potentially Raises Exposures for Terrorism, Political Violence Underwriters

The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war, While the ins...

Posted: Mar 18, 2026

Iran War Could Raise Exposures for Global Terrorism, Political Violence Underwriters

The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the United States and Europe, according to credit ratings agency Morningstar DBRS, in a commentary on the war. While the ins...

Posted: Mar 18, 2026

People Moves: Clyde & Co Tabs Mortimer to Lead Indiana Office; Old Republic Announces Senior Managem...

Global law firm Clyde & Co has announced the opening of a new office in Highland, Indiana, expanding its US footprint and further strengthening its North American trial and defense practice. The new office will be led by Renee Mortimer, …

Posted: Mar 18, 2026