Insurance Journal
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 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
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
Pakistan has delivered a proposal from the United States to Iran, and either Pakistan or Turkey could be venues for discussions to de-escalate the war in the Gulf, a senior Iranian official told Reuters on Wednesday. The comments, on condition …...
Posted: Mar 25, 2026
Iran is still reviewing a U.S. proposal to end the war in the Gulf, despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it …
Posted: Mar 25, 2026
Innovation and retirement waves continue to reshape the insurance workforce, impacting both its size and the skills required to succeed. At the same time, the industry has long recognized the need for a strong, diverse emerging talent pipeline. To me...
Posted: Mar 25, 2026
Iran-linked hackers have stepped up cyberattacks on Israel since the war began, wiping the data of over 50 small businesses and compromising dozens of security cameras, according to an Israeli official. Yossi Karadi, the director-general of the Israe...
Posted: Mar 25, 2026
Independent agency network Renaissance said it made a major enhancement to its member platform, calling it the industry’s only fully integrated, artificial intelligence-enabled ecosystem built specifically for independent agencies. “Indep...
Posted: Mar 25, 2026
Crunchyroll, a subscription-based anime streaming service, is probing a data breach after hackers claimed to have stolen personal information of nearly 6.8 million people, BleepingComputer reported on Monday. “We are aware of recent claims and...
Posted: Mar 25, 2026
A new survey finds that property/casualty insurers in North America that invested more resources in advanced analytics and AI achieved greater profitability and premium growth, according to global broker WTW. Insurers using more sophisticated analyti...
Posted: Mar 25, 2026
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child …
Posted: Mar 25, 2026
Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride...
Posted: Mar 25, 2026
Six people were taken to area hospitals with non-life-threatening injuries after a floor collapsed at a wedding venue in Tamworth, New Hampshire, around 4:30 p.m. Saturday, a spokesperson for the New Hampshire State Fire Marshal’s Office said....
Posted: Mar 25, 2026
Farmers Insurance Appoints Pham as Chief Strategy & Risk Officer John Pham joined Farmers Insurance as chief strategy and risk officer, reporting to Farmers Group CEO Raul Vargas. Pham joins Farmers from GEICO, where he most was recently head of...
Posted: Mar 25, 2026
A system designed to help air-traffic controllers monitor vehicles and airplanes on the ground failed to alert personnel at LaGuardia Airport before an Air Canada Express jet collided with a fire truck late Sunday evening, killing the two pilots. An...
Posted: Mar 25, 2026
Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is succeeding Franz-Josef Hahn...
Posted: Mar 24, 2026
The Lawyers for Civil Justice and the U.S. Chamber of Commerce Institute for Legal Reform are seeking a federal rule to require the disclosure of third-party litigation funding. Currently, the matter is handled in federal courts with mixed results. A...
Posted: Mar 24, 2026
It took just days for the Iran war to hobble oil fields, refineries and gas plants across the Persian Gulf, but it could take years to restore their full potential as the conflict drags on. More than three weeks of …
Posted: Mar 24, 2026
Vortex Weather Insurance announced the formal launch of direct sales for its HailSafe parametric hail insurance product. Previously available only through third-party vendors, HailSafe can now be purchased directly from Vortex by brokers and weather‑...
Posted: Mar 24, 2026
New state rules that eliminate natural smokeable hemp products and increase licensing fees will go into effect at the end of the month. Hemp industry leaders say these new regulations will eliminate a majority of their inventory and force those ̷...
Posted: Mar 24, 2026
Maryland Insurance Commissioner Marie Grant appointed Megan Mason as associate commissioner of life and health and Giri Govada as associate commissioner of operations and technology. Mason will oversee the agency’s life and health division, whi...
Posted: Mar 24, 2026
SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. “We are going to do the largest construction project in the...
Posted: Mar 24, 2026
Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels market that’s already seen prices skyrocket due to the Middle East war. A fire broke …
Posted: Mar 24, 2026
California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to …
Posted: Mar 24, 2026
The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he woul...
Posted: Mar 24, 2026