Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says
An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defense ministry said. Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit …
POSTED APRIL 01, 2026 2:00 PM |
Update: Trump Says Iran Ceasefire Only Possible When Hormuz Reopens
US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war. Iran’s “New Regime President” has asked the …
POSTED APRIL 01, 2026 1:38 PM |
North Korean Hackers Suspected in Axios Software Tool Breach
Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. Hackers were able to breach one of the few accounts that can release new versions of Axios …
POSTED APRIL 01, 2026 1:23 PM |
Russia and Ukraine Set to Intensify War as World Focuses on Iran
Vladimir Putin made a big deal of Russia’s success in seizing control of Kupyansk in eastern Ukraine late last year, even as Volodymyr Zelenskiy immediately challenged the claim by making a video address from the town. Now Russian forces are …
POSTED APRIL 01, 2026 12:58 PM |
Acrisure Completes Buy of MGA Vave From Canopius
Fintech Acrisure said it has completed it deal to acquire managing general agent Vave from its parent company, Canopius. Vave will continue to operate under its brand name and be a part of New York-based Acrisure Underwriting, a platform of …
POSTED APRIL 01, 2026 12:47 PM |
Vermont Defends Its Climate Superfund Law Against Trump Administration Lawsuit
Vermont’s effort to make fossil fuel companies pay for damage caused by climate change was tested Monday in a federal courtroom, where the state argued that two lawsuits challenging its groundbreaking 2024 law should be thrown out. Vermont became the …
POSTED APRIL 01, 2026 12:36 PM |
Viewpoint: How Will the Middle East War Affect the Insurance Sector?
The recent escalation of the Middle East war introduces geopolitical instability with potential long-lasting effects on commodities, financing conditions, global supply chains, and macro-credit conditions depending on the duration and scale of the conflict. S&P Global Ratings’ base case for …
POSTED APRIL 01, 2026 10:19 AM |
Bank of England Says Iran War Has Boosted Threats to Financial Stability
The Bank of England said on Wednesday that the Iran war had dealt “a substantial negative supply shock” to the world economy, increasing the danger that pre-existing threats to financial stability materialize. The BoE said the prospect of weaker growth …
POSTED APRIL 01, 2026 9:59 AM |
War Risks Insurers Win Bid to Appeal UK Ruling on Jets Lost in Russia
Insurers including Chubb, Fidelis and Lloyd’s were granted permission on Tuesday to appeal against a London court ruling in favor of the world’s largest aircraft lessor AerCap over jets stuck in Russia since its war on Ukraine. London’s High Court …
POSTED APRIL 01, 2026 9:08 AM |
Dei Primus Holdings Launches LUCY, a Fully Autonomous Insurance Carrier
A venture-backed technology firm says it has built what it describes as the first U.S. insurance carrier designed to operate without human decision-making in its core functions, replacing traditional underwriting, agent interaction and claims adjudication with a unified artificial intelligence …
POSTED APRIL 01, 2026 6:03 AM |
NAIC Issues Nationwide Data Call to Homeowners Insurers
The National Association of Insurance Commissioners has issued a nationwide data call to insurers in order to get a better understand of the U.S. homeowners insurance markets. The data, intended to be collected at the ZIP code level, will help …
POSTED APRIL 01, 2026 5:24 AM |
US IPO Prospects in Limbo as War Dents Optimism Ahead of SpaceX
The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX’s …
POSTED APRIL 01, 2026 5:14 AM |
Agency Customer Rep and Miami Businessman Killed in Separate Boat Accidents
Boating accidents in crowded Biscayne Bay near Miami have claimed the lives of two Floridians, including a Miami insurance agency customer representative and the CEO of a medical conference services firm. Multiple news sources reported that Davide Veglia, 55, of …
POSTED APRIL 01, 2026 5:01 AM |
Tallahassee Hospital Drops Eviction Suit After Patient Finally Moves Out
A Florida hospital has dropped its lawsuit seeking to evict a patient who refused to vacate a room for months after she was discharged because, the hospital said, she finally left. Tallahassee Memorial Hospital filed the lawsuit this month requesting …
POSTED APRIL 01, 2026 5:01 AM |
Viewpoint: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …
POSTED APRIL 01, 2026 5:00 AM |
Delaware Judge Accused of Bias Reassigns Musk Cases
The chief judge on Delaware’s corporate court said she will reassign three cases involving Elon Musk to avoid unnecessary media attention after the billionaire entrepreneur complained that her activity on social media had shown bias against him. Chancellor Kathaleen McCormick …
POSTED APRIL 01, 2026 5:00 AM |
California AG Bonta Says Sable Restart Won’t Lower Oil Prices
The restart of some 50,000 barrels a day of oil production off the coast of California will have have “no impact” on oil prices, the state’s Attorney General said in an interview on Bloomberg Televison. Houston-based oil driller Sable Offshore …
POSTED APRIL 01, 2026 5:00 AM |
FAA Imposes Restrictions on Some Landings at San Francisco Airport
The Federal Aviation Administration said on Tuesday that it was imposing new safety restrictions at San Francisco International Airport that will limit some landings and lead to significant delays. The FAA said the airport will experience delays due to a …
POSTED MARCH 31, 2026 5:30 PM |
Farmers Insurance Plans Historic, Rapid Expansion of Agency Force
Farmers Insurance has announced a plan to grow its agency force over the next year, and expects to appoint nearly 1,700 new agency owners—one of the largest single-year expansions in Farmers’ history. The recruitment drive is aimed at fueling organic …
POSTED MARCH 31, 2026 4:45 PM |
5 Killed in Train-Van Collision in Mississippi
Five people were killed when a train and van collided in rural Mississippi, near Wiggins, authorities said. All five killed were in the van, Stone County Coroner Wayne Flurry said. The lone surviving van passenger, a 23-year-old woman, was flown …
POSTED MARCH 31, 2026 4:03 PM |
US Appeals Court Upholds Decision to Dismiss Boeing Criminal Case
A U.S. appeals court on Tuesday upheld a ruling by a lower court to approve the Justice Department decision to dismiss a criminal case against Boeing, which allowed the planemaker to avoid prosecution on a charge stemming from two fatal …
POSTED MARCH 31, 2026 4:00 PM |
Axios Software Tool Used by Millions Compromised in Hack
Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. An unknown hacker was able to breach one of the few accounts that can release new versions …
POSTED MARCH 31, 2026 3:47 PM |
Florida’s Hatcher Insurance Group Acquires Benefits Firm, Moves to New HQ
Orlando-based Hatcher Insurance Group, part of Unison Risk Advisors for almost a year, has expanded its employee benefits practice with the acquisition of Level 3 Benefit Advisors. The Level 3 firm, founded in 2021, is based in Winter Park. Founder …
POSTED MARCH 31, 2026 3:43 PM |
People Moves: Galaviz Succeeds Patriot Growth Founder Gardner as CEO
Pennsylvania-based insurance brokerage Patriot Growth Insurance Services announced the appointment of John Galaviz as chief executive officer. Galaviz succeeds Matt Gardner, who founded Patriot Growth in 2019, as CEO. Gardner has left the company to pursue other opportunities, according to …
POSTED MARCH 31, 2026 3:36 PM |
District of Columbia AG Wins $530K, Seeks $600K More From Bad Drivers
District of Columbia Attorney General Brian L. Schwalb announced that the District has won judgments in nine lawsuits that will cost 14 drivers from Maryland and Virginia a total of $531,192 in unpaid fines, penalties and fees for traffic citations. …
POSTED MARCH 31, 2026 2:36 PM |