Insurance Journal

People Moves: Roxborough Named 2026 CHSWC Chair

The California Commission on Health and Safety and Workers’ Compensation elected CHSWC Commissioner Nicholas Roxborough as the chair of the commission for 2026. Roxborough is the managing partner of Roxborough, Pomerance, Nye & Adreani, LLP...

Posted: Jan 08, 2026

4 Injured in Nursing Home Explosion File Negligence Lawsuit

Four people hurt when an explosion ripped through a Pennsylvania nursing home two weeks ago sued the facility and a natural gas utility this week, claiming their negligence was to blame. Two workers at Bristol Health & Rehab Center LLC, …

Posted: Jan 08, 2026

Orsted’s NY Wind Project Challenges US Suspension of Lease

Orsted A/S filed a legal challenge to the Trump administration’s order to halt construction of its offshore wind project near New York. In a complaint filed Tuesday in federal court in Washington, Orsted’s Sunrise Wind unit is seeking a p...

Posted: Jan 08, 2026

Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million

Berkshire Hathaway said Jan. 6 that it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Abel, 63, became chief …

Posted: Jan 08, 2026

Germania Insurance Places First Cat Bond Through Handshake Re

Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy. The transaction became effective Jan. 1, 2026. The catastro...

Posted: Jan 07, 2026

The MEMIC Group Closes Acquisition of The Dakota Group

The MEMIC Group announced the successful closing of its acquisition of The Dakota Group, including Risk Administration Services, Inc. and its affiliated service companies. The strategic combination positions MEMIC as the third-largest multi-state wor...

Posted: Jan 07, 2026

California Bill Would Require Insurer Claims Handling Plans, And Double Penalties

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The D...

Posted: Jan 07, 2026

California Bill Would Require Insurer Claims Handling Plans, and Double Penalties

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The D...

Posted: Jan 07, 2026

Trump’s Oil Push Widens With Seizure of Russian-Flagged Tanker Linked to Venezuela

The U.S. seized an empty Russian-flagged, Venezuela-linked oil tanker in the Atlantic Ocean on Wednesday as part of President Donald Trump’s aggressive push to dictate oil flows in the Americas and force Venezuela’s socialist government t...

Posted: Jan 07, 2026

Update: US Seizes Russian-Flagged Tanker, Another Tied to Venezuela

The U.S. seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one sailing under Russia’s flag, as part of President Donald Trump’s aggressive push to dictate oil flows in the Americas and force Venezuela’s soc...

Posted: Jan 07, 2026

Update: US Seizes Russian-Flagged Tanker and Another Tied to Venezuela

The U.S. seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one sailing under Russia’s flag, as part of President Donald Trump’s aggressive push to dictate oil flows in the Americas and force Venezuela’s soc...

Posted: Jan 07, 2026

Neglect, Abuse Common at Michigan Nursing Homes, Report Finds

The plea was desperate: Help! Lorena Brown gasped for air on Sept. 12, 2022, turning blue, at the SKLD Muskegon nursing home. Her roommate called for help from a nurse. The response: “Mind your own business.” Using a washcloth, the &#8230...

Posted: Jan 07, 2026

Texas Insurance Commissioner Brown Retiring

Texas Insurance Commissioner Cassie Brown is retiring on Feb. 2 after more than four years overseeing the Texas Department of Insurance. Appointed by the governor, the Texas insurance commissioner oversees the regulation of the $293 billion Texas ins...

Posted: Jan 07, 2026

Trump Aims Bumper Aid at US Rice Farmers Facing Bleakest Outlook

The new year may mark the last time Texas farmer LG Raun plants a rice crop. “I guess I’m going to be the one that’s going to screw up the tradition of growing Raun family rice,” said the third-generation producer, …

Posted: Jan 07, 2026

After Merger with CAC, Baldwin Names Lynch, Two Others to Leadership Roles

The Baldwin Group, formerly Baldwin Risk Partners and based in Tampa, has named new leadership for its insurance advisory solutions section that handles retail property-casualty and benefits brokerage. Publicly traded Baldwin, which just closed a mer...

Posted: Jan 07, 2026

Three Atlanta Firms Merge, Offering Range of Insurance and Financial Services

Three Atlanta-based firms have merged, expanding insurance and financial services for small and medium-sized businesses, with growth plans for 2026. Partners Risk Services, an independent insurance brokerage in property/casualty, benefits and life pr...

Posted: Jan 07, 2026

NRA Sues Charity Arm After Alleged Takeover by LaPierre Allies

The National Rifle Association has sued its charity affiliate, alleging a “disgruntled faction of former NRA directors” has seized the affiliate to turn it into a competitor and misused nearly $160 million in NRA funds. The NRA’s la...

Posted: Jan 07, 2026

US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says

Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies to enter the country. Wright said he was...

Posted: Jan 07, 2026

Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead

In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 years for 2025, driven by favorable private passenger...

Posted: Jan 07, 2026

Trump Won’t Rule Out Military Force to Acquire Greenland

President Donald Trump won’t rule out the use of military force to acquire Greenland, the White House said, escalating tension with Denmark, a fellow NATO member, over a dispute that’s surged back into public view following the ouster of...

Posted: Jan 07, 2026

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