Insurance Journal

High-Grade Borrowers Jump Back Into Bond Market After Halt

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

Oakbridge Names New President and CEO as Smith Moves to Chairman Role

Georgia-headquartered Oakbridge Insurance, one the largest privately owned brokerages, announced that longtime president and CEO Robbie Smith will be executive chairman, starting July 1. Matt James, the current chief financial officer and chief acqui...

Posted: Mar 24, 2026

EPA Promises Ruling on New Hampshire Repeal of Vehicle Inspections by Summer

U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin has promised New Hampshire officials that his agency will expedite its review of the state’s request for a Clean Air Act waiver that will allow it to repeal its vehicle inspect...

Posted: Mar 24, 2026

Fire Destroys Historic Courthouse in Georgia

A fire that broke out Monday almost completely destroyed the 134-year-old Floyd County Courthouse in Rome, Georgia, leaving officials looking for new office space for some government functions, local news sites reported. The courthouse, built in 1892...

Posted: Mar 24, 2026

FCC Bans Wireless Router Imports, Citing Security Concerns

The Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers after an interagency panel determined they threaten national security. While the FCC said companies could apply for exemptio...

Posted: Mar 24, 2026

Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case

The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s High Court that he was liable to Hewlett Packard Enterprise over its acquisition of his firm Autonomy. The U.S. technology &#8230...

Posted: Mar 24, 2026

German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars

Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe uph...

Posted: Mar 24, 2026

Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem

South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped...

Posted: Mar 24, 2026

Iran Sends Waves of Missiles Into Israel, Calls Trump’s Talk of Negotiations ‘Fake News’

Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic’s power plants and other energy infrastructure because of what he describe...

Posted: Mar 24, 2026

Turning Claims Documents into Decisions

Wisedocs Launches Decision Intelligence Platform Built for the Claims Lifecycle — Helping Carriers, TPAs, and Legal Teams Close Files Faster and Reserve with Confidence. Miami, FL — Claims teams face a compounding problem: nuclear verdicts, social in...

Posted: Mar 24, 2026

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by &#82...

Posted: Mar 24, 2026

Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions data and bracing for those records to fuel a new crackdown on campus diversity efforts. They face a Wednesday deadline to submit these documents, even as...

Posted: Mar 24, 2026

NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?

New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and other...

Posted: Mar 24, 2026

Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale &#82...

Posted: Mar 24, 2026

Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25

Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs,...

Posted: Mar 23, 2026

Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re

Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a ne...

Posted: Mar 23, 2026

Hawaii’s Worst Flooding in 20 Years Prompts Evacuations

Hawaii officials urged people in hard-hit areas to evacuate Saturday due to the state’s worst flooding in more than 20 years, after heavy rains fell on soil already saturated by downpours from a winter storm a week ago. Muddy floodwaters &#8230...

Posted: Mar 23, 2026

Relation Insurance Acquires Chinook Insurance Group in Washington

Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture...

Posted: Mar 23, 2026

Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd

Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers’ plans for production increases that could help ease record-high U.S. beef prices. The loss of grasslands in the second-biggest cattle-producin...

Posted: Mar 23, 2026

Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance

When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …

Posted: Mar 23, 2026

P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research

The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured Research. In the report titled “P&C Loss Re...

Posted: Mar 23, 2026

Trump Suit Against Capital One Dismissed But Can Be Refiled

The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its &...

Posted: Mar 23, 2026

Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation

Planned Parenthood of Illinois (Planned Parenthood) violated federal law when they segregated employees by race, subjected white employees to harassment, and engaged in disparate treatment against white employees regarding terms, conditions, and priv...

Posted: Mar 23, 2026

Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

Not too long ago, Tamala Alejandro said her backyard was lush with a vegetable garden. On the ground, she had watermelons, cantaloupes and potatoes. She loved her herb garden, and her prized possession was her beloved peach tree. But then, …

Posted: Mar 23, 2026

Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover

Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz — which has been effectively closed to shipping since the start of th...

Posted: Mar 23, 2026