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News Archives - Insurance Journal

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 and listed on …

POSTED MARCH 24, 2026 1:30 PM
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 exemptions, the move could dramatically …

POSTED MARCH 24, 2026 12:40 PM
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 …

POSTED MARCH 24, 2026 11:47 AM
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 upheld lower court rulings …

POSTED MARCH 24, 2026 11:38 AM
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 sales of some high-end versions …

POSTED MARCH 24, 2026 10:42 AM
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 described as productive talks …

POSTED MARCH 24, 2026 10:16 AM
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 …

POSTED MARCH 24, 2026 5:23 AM
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 a …

POSTED MARCH 24, 2026 5:14 AM
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 others have come out in support of Gov. Kathy …

POSTED MARCH 24, 2026 5:00 AM
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 …

POSTED MARCH 24, 2026 5:00 AM
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, as well as finance and operations …

POSTED MARCH 23, 2026 4:11 PM
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …

POSTED MARCH 23, 2026 4:10 PM
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 …

POSTED MARCH 23, 2026 3:34 PM
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 industry. The company also has additional …

POSTED MARCH 23, 2026 3:26 PM
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-producing state removes a feed source for …

POSTED MARCH 23, 2026 3:19 PM
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 MARCH 23, 2026 3:15 PM
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 Reserves at Year-End 2025: …

POSTED MARCH 23, 2026 2:55 PM
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 “deficient” …

POSTED MARCH 23, 2026 2:44 PM
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 privileges of employment, the U.S. Equal Employment Opportunity …

POSTED MARCH 23, 2026 2:31 PM
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 MARCH 23, 2026 2:27 PM
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 the …

POSTED MARCH 23, 2026 2:26 PM
People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader
MSIG USA announced the appointment of Matt Thompson as South-Central region distribution leader, responsible for leading MSIG USA’s growth strategy across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas. Thompson will report to Joseph Fitzpatrick, head of distribution for MSIG USA. Thompson …

POSTED MARCH 23, 2026 2:24 PM
Harvard Sued by Justice Department Over Alleged Antisemitism on Campus
The Justice Department sued Harvard University for allegedly violating Jewish students’ civil rights in the Trump administration’s latest attack on the university. In the suit filed Friday in Boston federal court, the government claims Harvard failed to protect Jewish students …

POSTED MARCH 23, 2026 2:21 PM
Southwest Heat Wave Tumbles Records, Raises Fire Risk
Nearly 9.5 million people across the U.S. Southwest face extreme high temperatures, as an ongoing heat wave continues to topple records and raise the risk of wildfires as far away as the Great Plains. Las Vegas reached 96F (36C) Saturday, …

POSTED MARCH 23, 2026 2:13 PM
Starr Completes Acquisition of IQUW Group
Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which creates a more diversified specialty re/insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor. Financial …

POSTED MARCH 23, 2026 1:35 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Kelstar Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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