Insurance Journal
North Korean hackers are saturating the cryptocurrency industry with credible-sounding job offers as part of their campaign to steal digital cash, according to new research, raw data, and interviews. The problem is becoming so common that job applica...
Posted: Sep 04, 2025
When churning flood waters swept away a group of tourists in Pakistan’s Swat Valley in June, the whole country felt a sense of déjà vu. Just three years ago, extensive floods had swallowed entire hotels and families vacationing in the …
Posted: Sep 04, 2025
The U.S. asked a federal court to force Southern California Edison to pay for fighting a pair of wildfires that were believed to have originated from its power lines, including the Eaton Fire in January in Los Angeles County that …
Posted: Sep 04, 2025
Steadfast Group has announced its acquisition of a majority stake in US-based specialty managing general agency and wholesale brokerage, Novum Underwriting Partners LLC. Founded in 2019 and based in Ohio, the business is underpinned by a proprietary...
Posted: Sep 04, 2025
The Gulf Coast has avoided any major tropical storms so far this hurricane season, but the Gulf’s luck could soon change, AccuWeather hurricane experts say. Water temperatures in the Gulf are exceptionally warm, creating conditions for rapid in...
Posted: Sep 04, 2025
Gallagher Re Agrees to Buy Steadfast Re in Australia Gallagher Re, the global reinsurance broker and subsidiary of Arthur J. Gallagher, has signed an agreement to acquire Steadfast Re Pty Ltd., a Sydney-based reinsurance broking firm. Terms of the de...
Posted: Sep 04, 2025
Lloyd’s first half underwriting result dropped by half to £1.5 billion ($2.0 billion) from £3.1 billion ($4.2 billion) in H1 2024, which was driven primarily by claims from January’s California wildfires. The market’s combined ratio...
Posted: Sep 04, 2025
One of the top collegiate athletic conferences is doubling down on its partnership with Allstate. Allstate has agreed to a sponsorship deal with the Big 12 Conference that will give the carrier premier integration across the conference’s marque...
Posted: Sep 04, 2025
Several wildfires were burning in the foothills of the Sierra Nevada area, forcing evacuations and destroying buildings in a historic mining town. The fires were started by numerous lightning strikes that hit California this week. Dubbed the TCU Sept...
Posted: Sep 04, 2025
The Texas House gaveled out of the second special session late Wednesday, leaving behind Senate Bill 6, which would have broadly banned consumable hemp products with any “detectable amount of any cannabinoid.” Only those with cannabidiol...
Posted: Sep 04, 2025
Allianz Commercial, with U.S. headquarters in New York City, named Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will be responsible for the strategic direction and management of Alli...
Posted: Sep 04, 2025
Two adults were killed and seven children injured in an accident in a remote area of an all-terrain vehicle park in Alabama, authorities said. No one was wearing a harness or restraint in the off-road vehicle. The side-by-side RZR, an …
Posted: Sep 04, 2025
A federal jury determined on Wednesday that Alphabet’s Google must pay $425 million for invading users’ privacy by continuing to collect data for millions of users who had switched off a tracking feature in their Google account. The verdi...
Posted: Sep 04, 2025
Miami linebacker Adarius Hayes has been charged with three counts of vehicular homicide and one count of reckless driving with serious bodily injury, all of which followed the investigation into a May crash that killed three people. Hayes surrendered...
Posted: Sep 04, 2025
University of Miami linebacker Adarius Hayes has been charged with three counts of vehicular homicide and one count of reckless driving with serious bodily injury, all of which followed the investigation into a May crash that killed three people. Hay...
Posted: Sep 04, 2025
Jacksonville-based Brightway Insurance has acquired GlobalGreen Insurance Agency, a multi-state network writing $270 million in annual premium. GlobalGreen is headquartered in Chesterfield, Missouri, and has affiliate operations across the country. J...
Posted: Sep 04, 2025
Jacksonville-based Brightway Insurance has acquired GlobalGreen Insurance Agency, a multi-state network writing $270 million in annual premium. GlobalGreen is headquartered in Chesterfield, Missouri, and has affiliate operations across the country. J...
Posted: Sep 04, 2025
Global Indemnity Group announced that its subsidiary Penn-America Underwriters has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations platform for commercial insurance. Global Indemnity Group sai...
Posted: Sep 04, 2025
President Donald Trump’s administration plans to revoke federal approval of Avangrid’s planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday. The legal maneuver is the latest move by U.S...
Posted: Sep 04, 2025
River Valley Underwriters, Inc has announced that it will be acquiring the book of business from Patriot National Underwriters, Inc, as well as the current employees. The parties expect to complete the transaction effective September 1, 2025. RVU is...
Posted: Sep 04, 2025
A South Dakota father and son have been ordered to pay over $4 million to resolve violations of the False Claims Act arising out of their 2018 and 2019 crop insurance fraud, according to the U.S. Attorney’s Office, District of …
Posted: Sep 04, 2025
OAK Global is launching a new strategic business unit, OAK Enterprise, which will be focused on underwriting retrocession business with an appetite for property and specialty classes. The newly formed Lloyd’s Syndicate 1440 has received in-prin...
Posted: Sep 04, 2025
A global ship management and maritime services company was ordered to pay $2 million for improperly discharging oily waste into the Gulf of Mexico, the U.S. Attorney’s Office, Middle District of Louisiana announced last week. V.Ships Norway A.S...
Posted: Sep 04, 2025
Climate change made the extreme weather conditions that fueled the wildfires in Portugal and Spain about 40 times more likely to happen and the blazes themselves 30% more intense than if the world hadn’t warmed, research scientists said. The 10...
Posted: Sep 04, 2025
The European private credit market is gaining ground on the US, according to a report from Moody’s Ratings. Over the last several years, the depth of the market in Europe has lagged behind the US, mostly because of regulatory and …
Posted: Sep 04, 2025