Insurance Journal

Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium

Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP...

Posted: Jan 30, 2026

UK Warns of Pancreatitis, Deaths Tied to Wegovy, Mounjaro

The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the...

Posted: Jan 30, 2026

UK Warns of Pancreatitis, Deaths Tied to Obesity Drugs Wegovy, Mounjaro

The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the...

Posted: Jan 30, 2026

Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say

Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has b...

Posted: Jan 30, 2026

Southern Africa Floods That Killed 300 Fueled by Global Warming

An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in...

Posted: Jan 30, 2026

China Plans $29 Billion Capital Injection Into Biggest Insurers

China is mulling the sale of hundreds of billions of yuan in special government bonds to recapitalize some of its largest insurers, according to people familiar with the matter, strengthening the biggest players in a sector that is under pressure &#8...

Posted: Jan 30, 2026

Markets/Coverages: AXA XL Adds Coverages to Pollution and Remediation Liability

AXA XL has added new coverages to its pollution and remediation liability insurance for lenders, further protecting them from losses in the event of a loan default. The Protective Environmental Asset Coverage Enhancement (PEACE) endorsement, which ca...

Posted: Jan 30, 2026

Flood Risk Misconceptions Drive Underinsurance: Chubb

A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action, and coverage misconceptions, according to Chubb’s Flood Risk and Resilience report. The survey of more than 1,500 high-net-wo...

Posted: Jan 30, 2026

North American Risk Professionals See Average 11% Salary Increase

Risk professionals’ salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk management compensation are detailed in the RI...

Posted: Jan 30, 2026

Viewpoint: Seamless Lead Sharing a Quiet Advantage In a World of Complex Distribution

Most carriers today generate leads from a mix of sources: agent driven activity, direct-to-consumer campaigns, affinity partnerships, and embedded insurance programs. Yet as acquisition costs rise and distribution ecosystems grow more complex, an ins...

Posted: Jan 30, 2026

Danone Recalls Batches of Aptamil Baby Formula in Germany, Letter Shows

Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin contamination that started with Nestle …

Posted: Jan 30, 2026

USAA Prevails in MSP Recovery’s Latest Class-Action Attempt

MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts in a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving funds from auto insurers to …

Posted: Jan 30, 2026

People Moves: Trucordia Names Nelson VP of Public Relations; Hub Hires Ackerman as SVP, Private Clie...

Trucordia Appoints Nelson as VP of Public Relations Trucordia hired Jason Nelson as vice president of public relations, a new role focused on the firm’s PR strategy, media presence, community engagement and brand. Nelson has more than two decad...

Posted: Jan 30, 2026

Oregon Disabling Workers’ Comp Claims Fell in 2024

Oregon recorded fewer accepted disabling workers’ compensation claims in 2024 even as statewide employment continued to rise, new data from the state’s Department of Consumer and Business Services show. The Oregon Workers’ Compensat...

Posted: Jan 30, 2026

Investigation into Maine Plane Crash That Killed 6 Held Back by Weather

The federal investigation into the crash of a private jet that killed six people at Bangor International Airport has been hampered by extreme weather, the airport’s director said Wednesday, including deep snow that has blanketed the scene and c...

Posted: Jan 30, 2026

Investigation Into Maine Plane Crash That Killed 6 Held Back by Weather

The federal investigation into the crash of a private jet that killed six people at Bangor International Airport has been hampered by extreme weather, the airport’s director said Wednesday, including deep snow that has blanketed the scene and c...

Posted: Jan 30, 2026

LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims

Los Angeles County District Attorney Nathan Hochman asked the county to hold off on making initial payments for a landmark $4 billion sexual abuse settlement while his office conducts a criminal investigation of potentially fraudulent claims. In a le...

Posted: Jan 30, 2026

Gas Smell at Nursing Home Reported Hours Before Deadly Explosion: NTSB

Hours before a deadly explosion ripped through a Pennsylvania nursing home last month, staff grew concerned about the smell of natural gas on several floors and brought in workers from the local utility company to check it out, federal regulators &#8...

Posted: Jan 30, 2026

Agenzee Launches White-Glove Managed Service for Insurance Licensing and Carrier Appointment Managem...

Fort Lauderdale, FL – February 2, 2026 – Agenzee today unveiled Agenzee Assist, the latest addition to its suite of compliance solutions built specifically for the insurance industry. This premium, done-for-you service combines its powerful automatio...

Posted: Jan 30, 2026

Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms

New York and most of the Northeast will likely be spared the worst of a new winter storm this weekend that still may clip Cape Cod and eastern New England.

Posted: Jan 29, 2026

Missouri DCI Requests Update of Catastrophe Response Contacts

The Missouri Department of Commerce & Insurance (DCI) sent a bulletin to insurers this week requesting they provide current catastrophe/disaster coordination contact information. The bulletin, sent on Jan. 27, says that the contact should be avai...

Posted: Jan 29, 2026

Marsh Reports Organic Growth of 4% for Q4, Full-Year 2025, Down From 7% in 2024

Marsh reported fourth quarter revenue of $6.6 billion, an increase of 9% from $6.1 billion reported during the same period in 2024. Organic, or underlying growth, during Q4 was 4%, down from 7% in Q4 2024. Q4 2025 operating income …

Posted: Jan 29, 2026

Marsh Reports Organic Growth of 4% for Q4, Full-Year 2025

Marsh reported fourth quarter revenue of $6.6 billion, an increase of 9% from $6.1 billion reported during the same period in 2024. Organic, or underlying growth, during Q4 was 4%, down from 7% in Q4 2024. Q4 2025 operating income …

Posted: Jan 29, 2026

Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds

The owner of the Massachusetts assisted living facility Gabriel House where 10 people were killed and 30 injured in a fire last July has been denied access to insurance proceeds he told a court are needed to repair the facility …

Posted: Jan 29, 2026

Waymo Probed After Robotaxi Struck Child Near California School

U.S. auto safety regulators are investigating a Waymo autonomous vehicle that struck a child near a school in Santa Monica, California, the second recent probe to examine the behavior of the Alphabet Inc. unit’s robotaxis near children. The veh...

Posted: Jan 29, 2026