Insurance Journal

Arctic Freeze Deepens Europe’s Travel and Power Strains

A wave of Arctic air blanketed Europe with frigid weather and intense snowfall, snarling travel and triggering power outages in some areas. Northerly winds driven by high pressure systems in the Atlantic and Arctic caused temperatures to plummet Mond...

Posted: Jan 07, 2026

Governments, Regulators Increase Scrutiny of Chinese AI Startup DeepSeek

Chinese AI startup DeepSeek, which said in January it had developed an AI model to rival ChatGPT at much lower cost, has come under scrutiny in some countries for its security policies and privacy practices. According to its own privacy …

Posted: Jan 07, 2026

Nestle Recalls Infant Formula Batches in 25 Countries Over Toxin Risk

Nestle said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting. The recall, which began on a …

Posted: Jan 07, 2026

Viewpoint: The Convergence of Autonomy and Intelligence Is Reshaping Insurance

The adoption of AI in insurance is a mixed bag, marked by ambitious experimentation on one hand and structural hesitation on the other. The intent to deploy AI is high, and the expectations are rising just as quickly. Recent industry …

Posted: Jan 07, 2026

Private Equity Firms Expected to Unleash Middle-Market M&A Deals, Survey Says

M&A activity is expected to rise among midsize companies as private equity firms become more willing to do deals, according to a Citizens Financial survey of about 400 companies. Executives at middle market companies and private equity firms are...

Posted: Jan 07, 2026

People Moves: Doss Assumes Role of Vice President, Personal Lines Underwriting; The Jacobson Group A...

Doss Assumes Role of Vice President, Personal Lines Underwriting Justin Doss assumed the role of vice president, personal lines underwriting at RLI Corp., headquartered in Peoria, Illinois. In this executive role, he will lead underwriting and distri...

Posted: Jan 07, 2026

People Moves: Doss Assumes Role of VP, Personal Lines Underwriting; The Jacobson Group Hires Pinkham...

Doss Assumes Role of Vice President, Personal Lines Underwriting Justin Doss assumed the role of vice president, personal lines underwriting at RLI Corp., headquartered in Peoria, Illinois. In this executive role, he will lead underwriting and distri...

Posted: Jan 07, 2026

People Moves: W. R. Berkley Makes Executive Appointments; Everest Group Names Habayeb CFO

W.R. Berkley Corp., headquartered in Greenwich, Connecticut, named Lee Iannarone executive vice president. He is succeeded by Stephen Kennedy, who has been named senior vice president and general counsel. Iannarone began his tenure with the company i...

Posted: Jan 07, 2026

Volkswagen, Porsche Recall Over 500,000 Vehicles With Rearview Camera Glitch

Problems with the rearview mirror have forced Porsche and now parent company Volkswagen to recall over half a million vehicles collectively in the United States, where the National Highway Traffic Safety Administration announced the latest round of m...

Posted: Jan 07, 2026

Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling

Florida insurance agents and brokers can breathe at least a little easier after a state appeals court effectively reversed hefty damages in a case that had threatened to expand agents’ duties to insureds as well as their liability in coverage &...

Posted: Jan 07, 2026

New Jerseyans Get $86 Million in Medical Debt Relief

New Jersey Governor Phil Murphy announced that more than 53,000 residents will see a combined $86 million in medical bills abolished as a result of the state’s ongoing partnership with national nonprofit Undue Medical Debt. This marks the state...

Posted: Jan 07, 2026

New York Regulates Consumer Litigation Financing

New York State has a new law that regulates the industry that provides consumers with funds for living expenses while their legal cases are in process in exchange for a share of any settlement or judgment. Under such contracts, consumers …

Posted: Jan 07, 2026

MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement

The biggest auto insurer in Massachusetts is at odds with the AAA Northeast division it says is violating an exclusive 20-year joint marketing agreement that is worth $200 million a year in premiums to the insurer. In a lawsuit in …

Posted: Jan 07, 2026

Southern California Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations

An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specification...

Posted: Jan 07, 2026

Their Homes Survived The LA Wildfires; A Year Later They Fear Living in Them

“DANGER: Lead Work Area” reads a sign on a front door of an Altadena home. “May damage fertility or the unborn child. Causes damage to the central nervous system.” Block after block there are reminders that contaminants still...

Posted: Jan 07, 2026

JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims

California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & &#823...

Posted: Jan 06, 2026

Trucordia Acquires First Texas Agency

Trucordia announced the acquisition of the First Texas Agency business, based in Houston, Texas. With a commitment to guiding clients with education about insurance solutions, First Texas Agency builds strong client relationships throughout the Houst...

Posted: Jan 06, 2026

Houston Homeowners Win Hurricane Harvey Appeal Against Feds

A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. …

Posted: Jan 06, 2026

Zurich and Players Health Form Injury Insurance for NIL era of College Sports

Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a Critical Injury Protection Insurance solution for colleges, universities, collectives and their student athletes who receive...

Posted: Jan 06, 2026

Zurich and Players Health Form Injury Insurance for NIL Era of College Sports

Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a critical injury protection insurance solution for colleges, universities, collectives and their student athletes who receive...

Posted: Jan 06, 2026

People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit

Westfield Specialty announced the appointment of Cornelia Röskau as chief executive officer of the newly formed Europe company market, Westfield Specialty Europe, which will begin underwriting business in April, subject to regulatory approval. She wi...

Posted: Jan 06, 2026

Morningstar: A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance Sector

In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insura...

Posted: Jan 06, 2026

Morningstar: A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance

In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insura...

Posted: Jan 06, 2026

Xceedance Acquires Illinois-Based Marble Box

Xceedance, a global provider of technology-driven business solutions for the insurance industry, today announced its acquisition of Marble Box, a company delivering tailored operational support and process optimization solutions to independent insura...

Posted: Jan 06, 2026

Millions at Risk of Los Angeles-Style Wildfires in Australia

Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and...

Posted: Jan 06, 2026