Insurance Journal

Starbase Will Take Partial Control of Beach Near SpaceX Launch Site

The new South Texas city established by Elon Musk’s SpaceX employees, Starbase, will assume control over certain parts of the beach near the rocket company’s launch site. Cameron County commissioners approved the agreement to hand over a...

Posted: Sep 25, 2025

Deadly Shooting at Dallas ICE Hub Was ‘Targeted,’ FBI Say

A shooting at an Immigration and Customs Enforcement center in Dallas left one detainee dead and two others critically injured in what federal officials described as a “targeted attack” against the agency. Federal Bureau of Investigation...

Posted: Sep 25, 2025

Atlantic Hurricane Season Awakens After Sleepy Start

This year’s Atlantic hurricane season has so far lagged behind long-term trends, generated oddities and left seasoned forecasters scratching their heads. But now it’s finally shaking off the doldrums and spinning up storms. Tropical Storm...

Posted: Sep 25, 2025

‘Most Prevalent’ Chinese Hacking Group Targets Tech, Law Firms

Suspected Chinese hackers are behind an ongoing cyberespionage campaign against US technology companies and legal firms, stealing national security secrets often while remaining undetected, according to Alphabet Inc.’s Google. The hacking group...

Posted: Sep 25, 2025

Markets/Coverages: Ryan’s Clach Casualty Targets Complex Construction, Habitational

Global specialty insurance firm Ryan Specialty announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and habitational real estate risks....

Posted: Sep 25, 2025

National Flood Insurance Program Once Again on the Verge of Expiration

About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with expiring contracts at the traditional height of hurri...

Posted: Sep 25, 2025

The Risk & Insurance Education Alliance Launches CISR Cross-Credit Program to Accelerate Completion...

Austin, TX., September 25, 2025 — The Risk & Insurance Education Alliance (the Alliance) has the launched a groundbreaking cross-credit program designed to create a more streamlined educational path for risk and insurance professionals. Thi...

Posted: Sep 25, 2025

New Hampshire Receives First $8 Million Check From 3M Co. PFAS Water Settlement

New Hampshire has received an initial payment of close to $8 million from the 3M Company’s nationwide PFAS settlement of public drinking water systems claims. Attorney General John M. Formella said the funds will be deposited in the state&#8217...

Posted: Sep 25, 2025

Death and Insurance (Not Taxes), Part 1

Enjoy this two-part guest post by our friend, Christopher Boggs, Chief Consultant, Boggs Risk & Insurance Consulting. Death has been on my mind recently. Partly for work reasons but mostly for personal reasons. Please understand that I’m ne...

Posted: Sep 25, 2025

Kentucky Distillery Bounces Back From Flood That Halted Bourbon Production

The long history of bourbon production at Buffalo Trace Distillery has been connected to the Kentucky River — summed up as a blessing and curse by a plaque on the grounds. In the 1800s, long before the Buffalo Trace name …

Posted: Sep 25, 2025

Former Student Sues Southern Miss and Fraternity Over Alleged Hazing Injuries

A former Omega Psi Phi pledge who alleges he was so severely beaten during the Nu Eta chapter’s “Hell Night” that he had to relearn how to walk is now suing the fraternity, the University of Southern Mississippi, multiple other &#82...

Posted: Sep 25, 2025

People Moves: Poland’s Largest Insurer PZU Names Benczak as CEO

Poland’s largest insurer PZU has appointed Bogdan Benczak as its new chief executive, filling a role that had been led by an acting CEO since the dismissal of his predecessor in August. The appointment, effective September 25, is conditional on...

Posted: Sep 25, 2025

Amazon Sues to Block New York State Labor Law

Amazon.com sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations. In a complaint filed in Brooklyn &...

Posted: Sep 25, 2025

The Fidelis Partnership Launches MGA, Imala Re, Opening 1st US Office in Miami

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced it has launched a new managing general agent, Imala Re. TFP also announced it will be opening a Miami office on Oct. …

Posted: Sep 25, 2025

Storm Ragasa Nears Vietnam After Soaking Southern China

Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of...

Posted: Sep 25, 2025

Collins Aerospace Working on Restoring Software for Airlines Hit by Cyberattack

RTX subsidiary Collins Aerospace is working on restoring its onsite passenger processing software for airlines after a cyber “intrusion” disrupted operations, the company said on Wednesday. Charlotte, North Carolina-based Collins Aerospac...

Posted: Sep 25, 2025

Denmark Reels From Second Drone Attack in a Week Halting Flights

Denmark endured the second drone attack this week as authorities probe Russian involvement in an earlier incident. Large professional drones spotted at five regional airports in Denmark disrupted flights and sparked a major police operation. The airp...

Posted: Sep 25, 2025

India Considers Nuclear Liability Fund for Major Accidents, Sources Say

India plans to set up a nuclear liability fund to cover accident compensation in excess of 15 billion rupees ($169 million) owed by plant operators, in a bid to ease risk-sharing concerns among global suppliers and private firms, two government &#823...

Posted: Sep 25, 2025

US Intends to Cancel $13 Billion in Funds for Green Energy

The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were &#...

Posted: Sep 25, 2025

Private Detectives Tail French Workers to Root Out Surging Sick Leave Fraud

Fabrice Lehmann caught sight of his target as he left his suburban Paris home, dressed for work. He began tailing him, trying to blend in with the commuters heading into the city. A private detective since 1994, Lehmann has increasingly …

Posted: Sep 25, 2025

People Moves: Howden US Appoints Peterson to Lead Construction, Infrastructure and Surety; Sokol Nam...

Howden US, headquartered in Columbia, South Carolina, appointed Mark Peterson as head of its construction, infrastructure and surety practice. Peterson joins Mike Parrish’s Howden US team and works closely with Naresh Dade, global head of const...

Posted: Sep 25, 2025

Viewpoint: The New Era of Insurance Pricing Involves Precision, Speed, and Control

For decades, insurers have relied on spreadsheets and legacy systems to manage one of their most critical functions: pricing. But as market dynamics shift and pressures intensify, the old tools are no longer fit for this purpose. In today’s vol...

Posted: Sep 25, 2025

South Carolina Workers’ Comp Director Cannon Retiring as McRee Takes the Helm

South Carolina Workers’ Compensation Commission Executive Director Gary Cannon is retiring next month after 16 years on the job. The commission has named Kristen McRee, the director of administrative services at the agency, as the new director,...

Posted: Sep 25, 2025

Are Credit Scores Fueling Hidden Insurance Costs for Consumers?

Across the South and the United States, homeowners’ insurance rates are rising, with some states seeing an increase of over 50%. Experts say that this issue is contributing to an ongoing housing crisis. While insurance companies have attempted...

Posted: Sep 25, 2025

SC Comp Commission Must Relinquish $1.8M From Bankrupt Firm, Appeals Court Says

The South Carolina Workers’ Compensation Commission had no legal right to hold on to – for more than 15 years – some $1.8 million set aside by a bankrupt textile manufacturer for injury claims that never materialized, the state Court …

Posted: Sep 25, 2025