Insurance Journal

Texas Summer Camp Faces Scrutiny Over Failure to Report Deaths

The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its …

Posted: Apr 16, 2026

Trucordia Buys Connecticut’s Paradiso Insurance Services

Utah-based insurance broker Trucordia reports it has acquired the Paradiso Financial and Insurance Services business located in Stafford Springs, Connecticut. Paradiso offers auto, home, life and business insurance and specialty lines across Connecti...

Posted: Apr 16, 2026

Inszone Acquires Kansas’ Insurance Resources Group

Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in Olathe, Kansas, this acquisition adds an experienced and versatile team to the expanding Inszone organization. Insurance Resources Group was founded in...

Posted: Apr 16, 2026

Severe Storms Damage Communities From the Plains to the Midwest

A day after severe storms damaged communities in the Plains and the Midwest, forecasters warned that storms could bring giant hail, tornadoes and severe wind gusts to the regions again in the coming days. Authorities in Kansas reported several people...

Posted: Apr 16, 2026

NYC Heat Builds as Midwest Faces Bigger Storm Threat

While New York and the East Coast bake under an early-season heat spell, the Great Plains, Midwest and parts of the Northeast were pounded by wind and hail Wednesday and face a larger threat Friday. Sporadic power outages, along with …

Posted: Apr 16, 2026

Texas Sees Power Demand Quadrupling by 2032 on Data Center Boom

The Texas grid operator warned power demand may quadruple from recent record levels by 2032 to feed booming data-center expansion and population growth, an increase that would require the equivalent of almost 300 new nuclear reactors. The Electric Re...

Posted: Apr 16, 2026

Markets/Coverages: Allstate Offers Free Identity Theft Protection; NFP Launches National Flood Pract...

Allstate said it is starting to provide its customers with identity theft protection at no additional cost This added value expands recovery from physical damage to homes and cars to include digital protection as peak storm season approaches. The ben...

Posted: Apr 16, 2026

Markets/Coverages: Allstate Offers Free ID Theft Protection; NFP Starts US Flood Practice

Allstate said it is starting to provide its customers with identity theft protection at no additional cost This added value expands recovery from physical damage to homes and cars to include digital protection as peak storm season approaches. The ben...

Posted: Apr 16, 2026

AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch

U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11% but, according to Fitch Ratings, there are some underwriting concerns brought on by developments with artificial intelligence. Fitch sa...

Posted: Apr 16, 2026

People Moves: Tokio Marine Kiln Promotes Spencer and Burgess to Lead Fine Art & Specie; HDI Global T...

This edition of International People Moves details appointments at Tokio Marine Kiln and HDI Global. A summary of these new hires follows here. Tokio Marine Kiln Promotes Spencer and Burgess to Lead Fine Art & Specie Tokio Marine Kiln (TMK) &#823...

Posted: Apr 16, 2026

Grange Insurance Association Rebranding as Granwest Insurance

Seattle, Washington-based Grange Insurance Association will rebrand as Granwest Insurance. The new name reflects both the organization’s agricultural roots and its focus on the communities it serves. “Gran” comes from the Latin word...

Posted: Apr 16, 2026

Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It

The Old Dutch Mustard Co., a mustard and vinegar manufacturing company and its owner were sentenced last Friday in federal court for knowingly discharging acidic water into the Souhegan River that runs through southern New Hampshire. The sentencing c...

Posted: Apr 16, 2026

Toxic Gas-Emitting Plants Get Pollution Reprieve Under Trump

After teacher Janet Rau learned that a carcinogenic gas was being released from an industrial plant near her school in 2019, she started a campaign for more oversight. Five years later, the Environmental Protection Agency issued rules requiring facil...

Posted: Apr 16, 2026

Maryland Secures $2.2 Million Lead Paint Settlement From Tower Owner and Contractor

The owner of a Baltimore broadcast tower and its painting contractor will pay $2.2 million to the state of Maryland for allowing lead paint chips and debris to spread across surrounding neighborhoods, contaminating parks, playground, and daycares. At...

Posted: Apr 16, 2026

Sanctioned Russian Oil Ships Using Fake Insurance, Ukraine Says

A number of Russian shadow fleet tankers are transporting oil with insurance certificates from a company that doesn’t exist as it’s described in the documents, according to an intelligence assessment from Ukraine. Seaguard P&I, based...

Posted: Apr 16, 2026

Zantac Suits Tossed by Delaware Judge for Flawed Cancer Link

A Delaware judge threw out lawsuits seeking to link the heartburn drug Zantac to cancer, freeing makers of the product from facing trials in the state over the cases. Superior Court Judge Francis “Pete” Jones concluded Monday lawyers for...

Posted: Apr 16, 2026

US and Iran Weigh Truce Extension With Hormuz Still Shuttered

The US and Iran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter, reducing the risk of renewed fighting despite an intensifying standoff over the Strait &#8230...

Posted: Apr 16, 2026

Sweden Sees Russia Intensifying Cyber Attacks on Infrastructure

Russia’s intelligence services are now seeking to damage European infrastructure with cyber attacks rather than merely overwhelm websites with excess traffic, Swedish Civil Defense Minister Carl-Oskar Bohlin said. “Over the past year, Rus...

Posted: Apr 16, 2026

ECB to Quiz Bankers About Risks of Anthropic’s New AI Model, Source Says

European Central Bank supervisors are set to quiz bankers about the risks that Anthropic’s new artificial intelligence model might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday. Anthropic’s Myt...

Posted: Apr 16, 2026

Africa Trade Insurer Seeks $500 million to Help With Iran War Cost Increase

Africa’s leading multilateral insurer of trade risk is seeking around $500 million in capital from partners to support countries that face higher costs as a result of conflict in the Middle East, its chief executive told Reuters. African Trade...

Posted: Apr 16, 2026

Helvetia Baloise Set to Return $3.6 Billion to Investors to 2028

Helvetia Baloise Holding AG said it aims to return some 2.8 billion Swiss francs ($3.6 billion) to investors over the period to 2028, as the newly-merged insurer sets financial targets for the first time. The company proposed a dividend of …

Posted: Apr 16, 2026

Aon Expands Data Center Lifecycle Insurance Program Capacity to $3.5B

Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1 billion, increasing the program’s capacity to $3.5 billion. In addition, coverage will extend to include existing data centers coming off...

Posted: Apr 16, 2026

People Moves: Former Verisk CEO Stephenson Joins ZestyAI Board of Directors; WTW Appoints Li to Nort...

Scott Stephenson, former chairman, president, and CEO of Verisk Analytics, joined the board of directors at ZestyAI, a San Francisco, California-based risk and decision intelligence platform for the insurance industry. Stephenson spent more than two...

Posted: Apr 16, 2026

With Falling Private Re Prices, Should Florida Let Insurers Buy Less from the Cat Fund?

For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly through a lowered retention, or deductible, level. Tod...

Posted: Apr 16, 2026

With Falling Private Re Prices, Should Florida Let Insurers Buy Less From the Cat Fund?

For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly through a lowered retention, or deductible, level. Tod...

Posted: Apr 16, 2026