Insurance Journal

Airline Shares Battered, Airfares Surge as Iran War Intensifies

Airline stocks were hammered on Monday, while airfares soared as the U.S.-Israeli war with Iran sent oil prices surging, sparking fears of a deep travel slump and the potential for the widespread grounding of planes. Oil prices were trading more &#82...

Posted: Mar 09, 2026

Zurich to Buy Generali’s Irish Unit for €337 Million in Cash

Zurich Insurance Group AG agreed to buy Assicurazioni Generali SpA’s RedClick unit for €337 million ($389 million) in cash to expand its non-life business in Ireland. The two companies announced the deal in separate statements Monday, confirmin...

Posted: Mar 09, 2026

US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow

The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran. The US International Development Finance Corp. said Fr...

Posted: Mar 09, 2026

UK Banks Slammed by Flood Re’s CEO for ‘Ignoring’ Mortgage Risks

The UK’s flood insurer of last resort says the country’s mortgage banks aren’t doing enough to prepare for the risks facing homeowners across Britain. “Their assumption is they don’t need to do anything,” Perry Tho...

Posted: Mar 09, 2026

A Year of Success at EZLynx

Key Takeaways EZLynx is leading the market through technology that supported 14.3 million policies and more than 600,000 sales wins in 2025. Automation tools saved more than 1 million hours of administrative time this past year. EZLynx is committed t...

Posted: Mar 09, 2026

HAI Group Renames Training Arm, Reinforces Multifamily Education for Insurance Agents

Training Arm of HAI Group, a Leading Public and Affordable Housing Insurance Provider, Continues 30-Year Commitment to Multifamily Training CHESHIRE, Conn., [March 2026] — The training arm of HAI Group®, a leading provider of public and affordable ho...

Posted: Mar 09, 2026

AI-Powered Insurance BPO: Execution Inside AMS, Not Portals

Why the Future of Insurance BPO Lives Inside Your AMS Most insurance BPOs still work in spreadsheets, ticket portals, or offshore email chains. They move data between systems, not inside them. That model worked when volume was low and expectations &#...

Posted: Mar 09, 2026

Trump Signs Order to Bolster Efforts to Combat Cybercrime

President Donald Trump signed an executive order Friday aimed at fighting cybercrime — including fraud and extortion — directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesse...

Posted: Mar 09, 2026

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