Insurance Journal

Viewpoint: Stable Operating Conditions Expected for European Insurers in 2026

Fitch Ratings’ outlook for the EMEA insurance sector is “neutral” for 2026, as Fitch expects the underlying operational and business conditions to remain mostly unchanged, compared to those in 2025. Core credit drivers trend in diff...

Posted: Dec 11, 2025

Acrisure to Buy MGA Vave From Canopius

Acrisure said it is acquiring Vave, a managing general agent, from parent Canopius. Terms of the deal were not disclosed. Vave will continue to operate under its brand name, and its management team, led by CEO Marek Shafer, will continue …

Posted: Dec 11, 2025

After Years of Pushing Rate Hikes, Florida’s Citizens Now Wants HO Rate Decrease

After years of asking for rate increases to help drive consumers to the private market and reduce its exposure, Florida’s Citizens Property Insurance Corp. is now asking for a rare decrease in homeowners’ rates. The corporation’s Bo...

Posted: Dec 11, 2025

Oregon Contractor Fined $128K for Workers Safety Violations

The Oregon Occupational Safety and Health Division fined a Medford contractor $128,345 for safety violations after an inspection reportedly found the company exposed employees to multiple hazards, including a potentially deadly fall from heights. The...

Posted: Dec 11, 2025

Senior Facility Owner and Inspector Sue Each Other Over Faulty Sprinklers in Deadly Fire

A safety inspection company and the owner of a Massachusetts assisted-living facility that was the site of a fire in July that killed 10 people are blaming each other for failing to address a faulty sprinkler system. Inspector Fire Systems …

Posted: Dec 11, 2025

Insurance Leading Topic of Complaints to Oregon Regulator

In the most recent quarter, the Oregon Division of Financial Regulation received 1,422 complaints, and insurance continued to be the leading topic with 890 complaints. From July through September DFR helped recover $1,836,127. Credit union complaints...

Posted: Dec 11, 2025

Higginbotham Enters Indiana with Synergy Insurance

Higginbotham has acquired Mishawaka, Indiana-based Synergy Insurance, giving the firm its first footprint in the state. Synergy Insurance Group is an independent insurance agency providing services to businesses and individuals across northern Indian...

Posted: Dec 10, 2025

Higginbotham Enters Indiana with Synergy Insurance Acquisition

Higginbotham has acquired Mishawaka, Indiana-based Synergy Insurance, giving the firm its first footprint in the state. Synergy Insurance Group is an independent insurance agency providing services to businesses and individuals across northern Indian...

Posted: Dec 10, 2025

Higginbotham Enters Indiana With Synergy Insurance Acquisition

Higginbotham has acquired Mishawaka, Indiana-based Synergy Insurance, giving the firm its first footprint in the state. Synergy Insurance Group is an independent insurance agency providing services to businesses and individuals across northern Indian...

Posted: Dec 10, 2025

Court Clerk in Murdaugh Trial Pleads Guilt to Showing Sealed Exhibits

The former court clerk in South Carolina who helped out with the murder trial of attorney Alex Murdaugh pleaded guilty Monday to criminal charges for showing sealed court exhibits to a photographer and lying about it in court. Former Colleton …

Posted: Dec 10, 2025

Court Clerk in Murdaugh Trial Pleads Guilty to Showing Sealed Exhibits

The former court clerk in South Carolina who helped out with the murder trial of attorney Alex Murdaugh pleaded guilty Monday to criminal charges for showing sealed court exhibits to a photographer and lying about it in court. Former Colleton …

Posted: Dec 10, 2025

Is a Mass. Auto Insurer Allowed to Refuse to Offer Coverage Due to Flood Warning?

Can an auto insurer in Massachusetts refuse to offer collision and comprehensive coverages during a flood warning despite a state law that makes it mandatory to offer such coverages? The industry and public are on the road to finding out. …

Posted: Dec 10, 2025

People Moves: Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice; Liber...

This edition of International People Moves details appointments at Howden and Liberty Speciality Markets. A summary of these new hires follows here. Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice Howden, the London-ba...

Posted: Dec 10, 2025

Trump Giving Farmers Hit by China Trade War $12B in Aid

President Donald Trump announced a $12 billion farm aid package Dec. 8 — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of …

Posted: Dec 10, 2025

Settlement Approved for New Orleans Archdiocese to Pay Hundreds of Abuse Victims

he New Orleans Archdiocese will pay at least $230 million to hundreds of victims of clergy sexual abuse under a settlement approved Monday by a federal judge that follows years of negotiations. Richard Trahant, an attorney representing victims in the...

Posted: Dec 10, 2025

Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims

Liability risks for small businesses have shifted over the last decade, with fire and slip-and-falls becoming more expensive while water and freezing damage claims are now the most common type of claim. The Hartford analyzed more than one million sma...

Posted: Dec 10, 2025

Markets/Coverages: MGA Navium Launches Consortium for Pre-Launch Satellite Risks

Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s Pine Walk platform, announced the launch of the “Constellation Consortium,” which it described as “the largest satellite pre-launch co...

Posted: Dec 10, 2025

FEMA Adds Another $33M for Helene Recovery in North Carolina

The Federal Emergency Management Agency announced another $33 million in Hurricane Helene recovery projects in North Carolina, bringing the agency’s total spending on public assistance grants since the storm to more than $1 billion. The funding...

Posted: Dec 10, 2025

Michigan Reports Finds 2019 Auto Reform Reduced Insurance $357

The Michigan Department of Insurance and Financial Services this month released a report on the impact of the state’s 2019 auto insurance reform and found cost was reduced an average of $357 per vehicle. “In 2019, Democrats and Republican...

Posted: Dec 10, 2025

Reuters: Ben & Jerry’s Board Chair Won’t Resign as Pressure Mounts From Unilever Unit

The chair of Ben & Jerry’s independent board said she has no plans to resign as Unilever pressured her ahead of Monday’s public spinoff of its Magnum ice cream division, which will include the Vermont-based brand. Magnum, a longtime d...

Posted: Dec 10, 2025

Disney’s New Disability Access Policies Are Too Restrictive, Lawsuit Contends

Changes that Disney made to a popular program that lets qualifying disabled people skip long lines at its California and Florida theme parks are too restrictive, disabled fans contend in a federal lawsuit and shareholder proposal that seek to expand...

Posted: Dec 10, 2025

Texas Plan to Stop Parasitic Fly From Destroying Cattle Population Is Not Complete

As Mexican officials battle the spread of New World Screwworm, Texas officials are still working to finalize a response plan that would be enacted should the parasitic fly spread into the state. Texas lawmakers questioned state and federal officials...

Posted: Dec 10, 2025

US Slaps New Charges on Ukrainian Over Russian Cyberattacks

The US Department of Justice unveiled additional charges against a Ukrainian woman accused of supporting Russian state-backed cyberattacks against critical infrastructure. Victoria Eduardovna Dubranova, 33, was indicted on Tuesday over her alleged li...

Posted: Dec 10, 2025

Massachusetts Asks Judge to Block Kalshi From Operating Sports-Prediction Market

addictioA Massachusetts judge on Tuesday questioned whether prediction-markets operator Kalshi could legally offer the state’s residents the ability to place financial bets on something as “trivial” as who wins sporting events witho...

Posted: Dec 10, 2025

WTW to Acquire Newfront in Deal Worth Up to $1.3B

Broker WTW said it has a definite agreement in place to acquire Newfront for up to $1.3 billion in a move to expand its middle-market reach in specialties such as technology, fintech, and life sciences. The transaction is expected to …

Posted: Dec 10, 2025