Insurance Journal

P/C Underwriting Income Up $40B in 2025, Says Verisk and APCIA

Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain f...

Posted: Mar 26, 2026

P/C Underwriting Income Up $40B in 2025, Say Verisk and APCIA

Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain f...

Posted: Mar 26, 2026

High Levels of Cancer-Causing Benzene in European Cooking Gas, Study Finds

Domestic gas supply in several European cities contains high levels of benzene, an odorless substance that can cause cancer, according to research released on Wednesday. Gas samples taken in UK homes contained 37 times more benzene than North America...

Posted: Mar 26, 2026

After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees

Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. Last week, a Florida appeals court issued what it called a &...

Posted: Mar 26, 2026

EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision?

Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …

Posted: Mar 26, 2026

Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members

Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in...

Posted: Mar 26, 2026

People Moves: ALKEME Names Stradling CFO; Machut and Quintero Join Alliant

ALKEME Insurance Appoints Stradling as Chief Financial Officer ALKEME Insurance named Ryan Stradling chief financial officer. Stradling has experience scaling organizations through execution, strategy and data-driven decision-making. Stradling has ex...

Posted: Mar 26, 2026

Harvard Faces Pressure From Two New Trump Administration Probes

The Trump administration said Monday it has initiated two new investigations into Harvard University over alleged antisemitism on campus and racially discriminatory admissions practices. The inquiries, launched by the Department of Education’s...

Posted: Mar 26, 2026

Meta, Google Lose Case Over Social Media Harm to Kids

A Los Angeles jury on Wednesday found Meta and Alphabet’s Google negligent for designing social media platforms that are harmful to young people, in a $6 million verdict that will serve as a bellwether for numerous similar cases. The jury &#823...

Posted: Mar 25, 2026

Chaucer, Ceto Launch Lloyd’s Marine MGA, Underwriting With Real-Time Vessel Data

Chaucer Group, the London-based specialty re/insurance group, and Ceto AI, the maritime technology specialist, announced the launch of a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the arrangement, Ceto is...

Posted: Mar 25, 2026

Florida OIR Grants Permit to Startup Sypher Insurance and Takeouts for Others

Sypher Insurance Exchange, the startup property insurer that the Florida Association of Insurance Agents invested in two years ago, has won a permit to operate from the Florida Office of Insurance Agents. The Tampa-based reciprocal now has until mid-...

Posted: Mar 25, 2026

Markets/Coverages: Brit Launches Cargo Consortium With up to $80M of Capacity

Brit Group Holdings Ltd., the London-based specialty re/insurer, announced the launch of “BRIDGE,” a new cargo consortium. The consortium, which will be one of the largest consortiums in the cargo market, is now writing business and offer...

Posted: Mar 25, 2026

US Supreme Court Backs Cox in Fight Over Pirated Music

The U.S. Supreme Court ruled on Wednesday Cox Communications cannot be held liable for piracy by its internet service subscribers of songs owned by Sony Music, Warner Music Group, Universal Music Group and other labels, ending their billion-dollar-pl...

Posted: Mar 25, 2026

Ohio AG Sues Contractors for Allegedly Defrauding Consumers

In lawsuits filed recently in three counties, Ohio Attorney General Dave Yost accuses three home-improvement contractors and a builder of outdoor structures of defrauding consumers of $564,000 combined. “Homeowners trust contractors or business...

Posted: Mar 25, 2026

Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme

Two New Orleans personal injury attorneys were found guilty last week of running a scheme to defraud insurance companies by staging fraudulent accidents. The U.S. Attorney’s Office and the Criminal Division of the U.S. Department of Justice ann...

Posted: Mar 25, 2026

Chevron Warns California Risks Fuel Crisis Unless Iran War Eases

Chevron Corp. is warning that California is careening toward an energy crisis because of the Iran war and that the company may quit refining oil in the state unless officials roll back taxes and regulations. California, the most populous US …

Posted: Mar 25, 2026

Elon Musk Company Selects Proposed Mile-Long Dallas Tunnel

Elon Musk’s tunneling company will begin assessing its ability to construct a mile-long underground tunnel in South Dallas after a proposed project in the area was one of three winners of a company contest on Tuesday. The Boring Company has &#8...

Posted: Mar 25, 2026

Wisconsin Grocery Chain Sued for Pregnancy Discrimination

Roundy’s Supermarkets, Inc., a grocery chain operating Pick ‘n Save and Metro Market stores, violated federal law when it fired an employee, who was also a nursing mother, for requesting an accommodation at her workstation to maintain her...

Posted: Mar 25, 2026

AccuWeather Atlantic Hurricane Season Forecast: 11-16 Named Storms

AccuWeather’s first prediction for the 2026 Atlantic hurricane season calls for slightly below average activity. AccuWeather’s experts forecast 11-16 named storms, four to seven hurricanes, and two to four major hurricanes of Category 3 s...

Posted: Mar 25, 2026

Crawford Claims Management Firm Names Swain CEO

Bruce Swain has been named Crawford & Company’s president and CEO. The company’s board of directors appointed Swain to the top post after serving a stint as interim president and CEO since Jan. 1. Atlanta-based Crawford this year laun...

Posted: Mar 25, 2026

Convex’s Chairman Catlin Steps Down, Succeeded by Onex CEO Le Blanc

Convex Group Ltd., the international specialty insurer and reinsurer, announced that Stephen Catlin, the company’s co-founder has decided to step down as chairman of the board. He will remain a director and has been elevated to the honorary tit...

Posted: Mar 25, 2026

Baltimore Sues Elon Musk’s xAI Over Grok Sexual ‘Deepfakes’

The city of Baltimore sued Elon Musk’s xAI on Tuesday, claiming its Grok chatbot illegally generates nonconsensual sexually explicit images, including of children. Baltimore, with a population of about 568,000, is the largest city to sue xAI ov...

Posted: Mar 25, 2026

Iran Demands Crew, Cargo Details to Send Ships Through Hormuz

Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and cargo, along with voyage details and bills of lading, in order to secure a green light from the Islamic Revolutionary …

Posted: Mar 25, 2026

Iran Charges Some Ships Hormuz Transit Fees for Safe Passage

Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another sign of Tehran’s control over the world’s most important maritime energy channel. Payments of as much as $2 million per voyage...

Posted: Mar 25, 2026

Iran’s Military Rejects Trump’s Talk of Negotiation; Israel and Iran Launch Airstrikes

Israel and Iran exchanged airstrikes on Wednesday, as Iran’s military rejected President Donald Trump’s assertion the U.S. was in negotiations to end the war which has roiled energy and financial markets, saying the U.S. is negotiating wi...

Posted: Mar 25, 2026