Insurance Journal
American International Group said on Tuesday CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the board. It named insurance industry veteran Eric Andersen as its new president and CEO-elect to replace …
Posted: Jan 06, 2026
American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric And...
Posted: Jan 06, 2026
American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric And...
Posted: Jan 06, 2026
Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German...
Posted: Jan 06, 2026
Investment firm Kelso Group Holdings said on Tuesday it had bought 400,000 shares in British travel company firm and submitted proposals to its board aimed at boosting value, including attracting more U.S. investors. Kelso’s investment, worth 1...
Posted: Jan 06, 2026
European officials pledged to support Greenland after US President Donald Trump restarted his campaign to take the self-governed island in the wake of his strike on Venezuela. Across the continent, Europe’s biggest powers expressed solidarity w...
Posted: Jan 06, 2026
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31,...
Posted: Jan 06, 2026
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through another financial bubble that’s destined to burst. The answer isn’t so simple, at least...
Posted: Jan 06, 2026
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as...
Posted: Jan 06, 2026
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unk...
Posted: Jan 06, 2026
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of t...
Posted: Jan 06, 2026
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company...
Posted: Jan 06, 2026
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance anno...
Posted: Jan 06, 2026
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance anno...
Posted: Jan 06, 2026
Georgia lawmakers enacted two consumer-focused statutes that have gone into effect with the New Year that acknowledge and address one simple, but critical fact of life: Time is money. Approved by legislators in May 2025, Georgia Act 277 makes a ̷...
Posted: Jan 06, 2026
Jason Ellison has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Nashville, Tennessee, Ellison will serve a national client base, providing strategic guidance across all aspects of employee ben...
Posted: Jan 06, 2026
A U.S. judge on Monday rejected Amazon.com’s bid to dismiss a proposed class-action lawsuit accusing the online retailer of price gouging during the COVID-19 pandemic. U.S. District Judge Robert Lasnik in Seattle, Amazon’s hometown, found...
Posted: Jan 06, 2026
Fire deaths in Massachusetts declined in 2025 from a seven-year high in 2024, according to state fire officials. Excluding fatal motor vehicle collisions with an ensuing fire, Massachusetts recorded 44 fire deaths in 30 fires during 2025, State Fire...
Posted: Jan 06, 2026
Missi Dowd-Figueroa brought life back to the fire-ravaged plot where her home once stood—one sunflower at a time. The registered nurse and mother of three lost her 1898 farm-style house in the Eaton Fire, one of two deadly wildfires that …
Posted: Jan 06, 2026
Massachusetts-based Hanscom Federal Credit Union reported it closed on its previously announced purchase of The Peoples Bank in Maryland, following receipt of all regulatory and shareholder approvals. In its 2024 annual report, Peoples Bank said the...
Posted: Jan 06, 2026
The elimination of US tax credits for residential heat pumps, solar panels and batteries will make electrifying your home more expensive in 2026, and tariffs and made-in-America mandates could add additional costs. Just how pricey remains to be seen....
Posted: Jan 06, 2026
A federal appeals panel has ruled that a California law prohibiting open carry of firearms in heavily populated counties is unconstitutional. The ruling was issued Friday by two judges on a three-judge panel for the 9th U.S. Circuit Court of …
Posted: Jan 06, 2026
A federal appeals panel has ruled that a California law prohibiting open carry of firearms in heavily populated counties is unconstitutional. The ruling was issued Friday by two judges on a three-judge panel for the 9th U.S. Circuit Court of …
Posted: Jan 06, 2026
The Virginia wage theft statute does not extend to protect employee commissions, the state Supreme Court has ruled. The Virgibia Supreme Court wrote that, in the plain meaning, the term “wages” ordinarily is distinct from commissions. The...
Posted: Jan 06, 2026
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be responsible for all aspects of the company...
Posted: Jan 05, 2026