Insurance Journal

Amazon Delivery Service Company Settles Disability Discrimination Suit

ALM Freight, LLC, an Amazon delivery service company, agreed to pay $47,000 and LMDmax Corp., ALM’s employment agency, agreed to pay $60,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission...

Posted: Mar 18, 2026

Corpus Christi Water Emergency Could Be Two Months Away

Corpus Christi leaders on Tuesday unveiled new projections suggesting that the city could be just two months away from triggering emergency water measures. At a marathon city council meeting that stretched for 10 hours, Nick Winkelmann, interim chief...

Posted: Mar 18, 2026

Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums

Florida authorities have charged a contractor with underreporting payroll and avoiding more than $1 million in workers’ compensation insurance premiums. Jacques G. Denomme, of Port St. Lucie, was arrested in Martin County and released on bond e...

Posted: Mar 18, 2026

Markets/Coverages: Marsh Risk Launches for US Excess Casualty Capacity; CRC Specialty Enhances Insur...

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certa...

Posted: Mar 18, 2026

Markets/Coverages: Marsh Risk Launches Facility for US Excess Casualty Capacity; CRC Specialty Enhan...

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certa...

Posted: Mar 18, 2026

Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less

Legislation that would have waived building permits for jobs valued at up to $7,500 failed to pass the Florida House this year, but the key clause found its way into another bill that is now awaiting the governor’s signature. “A …

Posted: Mar 18, 2026

Trump Again Vows to Block Wind Turbines During His Presidency

US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proud...

Posted: Mar 18, 2026

US Home Insurance Prices Set to Keep Rising With Severe Weather

US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this …

Posted: Mar 18, 2026

Proscecutor Drops Charges Against Teen in Georgia Prank Gone Wrong

A Georgia prosecutor has decided to drop charges against a teenager who police say was driving the truck that struck and killed a beloved high school teacher when a prank turned deadly, the teen’s lawyer said. The victim’s family had &#82...

Posted: Mar 18, 2026

Iran Warns Gulf Nations of Major Response After Gas Field Strike

ran warned countries around the Persian Gulf that a number of energy assets are now “legitimate targets” after Israel attacked its giant South Pars gas field, sending further shockwaves through oil and gas markets. Facilities in Qatar, Sa...

Posted: Mar 18, 2026

Rikers Island Corrections Officer Cops to Falsifying Workers’ Compensation Claims

A corrections officer at the Rikers Island jail complex pled guilty yesterday to receiving more than $370,000 in workers’ compensation benefits based on fake injury claims, according to federal prosecutors. U.S. Attorney for the Southern Distri...

Posted: Mar 18, 2026

Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say

Greek shipowners and other companies are scanning their computer systems for evidence of cyberattacks after advice from the National Cybersecurity Authority, two sources said on Wednesday following incidents that have been linked to the Iran war. The...

Posted: Mar 18, 2026

Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says

Gulf banks could face domestic deposit outflows of $307 billion if the Middle East conflict deepens, S&P Global Ratings said. An S&P report said it had seen no evidence of major outflows of foreign or local funding from banks in …

Posted: Mar 18, 2026

Iran War Cost Spike Straining Farmers Ahead of Midterm Elections

US farmers, long one of Donald Trump’s most loyal constituencies, are increasingly worried by the Iran war as soaring fertilizer and fuel prices hammer them just as they are about to start planting crops for the year. “Is the war …

Posted: Mar 18, 2026

SEC’s Top Cop Resigns After Just Six Months on the Job

The U.S. Securities and Exchange Commission’s enforcement director has resigned just over six months after she started on the job, the SEC said on Monday, a sudden departure for an agency that has changed dramatically under Republican leaders....

Posted: Mar 18, 2026

Onex CEO Le Blanc Channels Buffett With Big Bet on Insurance

Onex Corp. made a big bet on an insurance startup, and it didn’t take long for the losses to mount. First there was the pandemic, then a deep freeze in Texas. In 2022, Hurricane Ian ripped across the Caribbean and …

Posted: Mar 18, 2026

Germany Seeks Doubling of AI Data Centers by 2030

Germany plans to encourage investments in data centers to at least double domestic capacity and to boost artificial intelligence data processing at least fourfold by 2030, the government said on Tuesday. In a bid to catch up with the dominant …

Posted: Mar 18, 2026

Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War

US President Donald Trump is desperate to reopen the Strait of Hormuz to ease a growing global energy crisis. He won’t achieve that easily without a ceasefire in the war on Iran. Iran’s sporadic attacks on vessels and the threat …

Posted: Mar 18, 2026

Major Offshore Wind Farm Trump Tried to Halt Finishes Construction

Construction is finished on a major Massachusetts offshore wind farm, the first project to reach this stage during President Donald Trump’s time in office. Offshore construction was completed Friday night on Vineyard Wind with the installation...

Posted: Mar 18, 2026

LA County Metro Buses Will Warn Against Workers’ Comp Fraud

Los Angeles County buses will soon be large, rolling warnings against workers’ compensation fraud. L.A. County District Attorney Nathan J. Hochman announced the launch of a countywide LA Metro bus advertisement campaign in which buses will bear...

Posted: Mar 18, 2026

Patriot Growth Adds Morse Agency in Massachusetts

Patriot Growth Insurance Services announced it has acquired a new strategic partner, Morse Insurance Agency, a property/casualty insurance agency based in North Easton, Mass. Morse Insurance Agency operates multiple locations across the state, includ...

Posted: Mar 18, 2026

People Moves: Alliant Private Client Hires Dantona as SVP

Jennifer Dantona joined Alliant Insurance Services as senior vice president with Alliant Private Client. Dantona is based in Irvine, California. She has more than 20 years of experience supporting personal insurance portfolios, including many individ...

Posted: Mar 18, 2026

JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve

A combination of faster repair and payment cycle times, along with enhanced digital capabilities, has helped drive significant improvements in the overall customer experience with the property claims process in the United States. JD Power reported th...

Posted: Mar 17, 2026

Los Angeles, US West Brace for Second Bout of Record March Heat

Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to r...

Posted: Mar 17, 2026

SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports

The U.S. Securities and Exchange Commission is preparing a proposal to scrap the requirement for companies to report their earnings every quarter and giving them the option to share results twice a year, the Wall Street Journal reported on Monday. &#...

Posted: Mar 17, 2026