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News Archives - Insurance Journal

European Aviation Body Eyes Safety Risks as Conflict Squeezes Flight Corridors
Wars, including a widening conflict in the Middle East, are heightening risks for aviation as flight corridors are squeezed and drones become more widespread, Europe’s top aviation safety regulator told Reuters. The month-old Iran war is reshaping airspace across the …

POSTED MARCH 31, 2026 12:07 PM
Shippers Fear Death More Than Costs as US Aims to Open Hormuz
Shippers remain doubtful of a wholesale return to the Strait of Hormuz while it remains beset by conflict, throwing cold wateron a Trump administration plan for US-backed insurance and naval escorts to clear passage through the vital waterway. “This is …

POSTED MARCH 31, 2026 10:23 AM
China’s Top Private Insurer Taps AI to Unlock $174 Billion Value
Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran without humans. Today, nearly 60% are automated, with some settled in just 51 seconds. The leap shows Ping An’s push into artificial intelligence, after …

POSTED MARCH 31, 2026 7:32 AM
Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port
An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital …

POSTED MARCH 31, 2026 7:13 AM
More Insurance M&A Deals on the Horizon?
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing “increased momentum” and another “stabilization.” Both, however, indicated that selectivity and strategic approaches characterized 2025 deals—a dynamic they believe …

POSTED MARCH 31, 2026 5:17 AM
Hacked Hospitals, Hidden Spyware: Iran Conflict Shows Digital Fight in Warfare
As they fled an Iranian missile strike, some Israelis with Android phones received a text offering a link to real-time information about bomb shelters. But instead of a helpful app, the link downloaded spyware giving hackers access to the device’s …

POSTED MARCH 31, 2026 5:11 AM
New Online Portal Will Allow a Deeper Dive Into Rural Tennessee
A new online dashboard will allow policymakers in Tennessee to move beyond superficial data and take a deep dive into why certain rural counties struggle, experts at East Tennessee State University said. The Tennessee Livability Indicators Dashboard was developed by …

POSTED MARCH 31, 2026 5:02 AM
A Little Behind Schedule But Execs Say Sypher is On Track for May Debut
It has taken more time than expected but leaders of a startup Florida insurance reciprocal believe they’re just weeks away from writing their first policies—and all without the assistance of takeouts from the state-created property insurer. “It has taken a …

POSTED MARCH 31, 2026 5:01 AM
LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk
Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire. The …

POSTED MARCH 31, 2026 5:00 AM
New York City Sues to Ban ‘Unlawful’ Empower Ridehail App
New York City sued ridehail app Empower and founder Joshua Sear, claiming the company has been operating unlawfully without a license the past few years even as the service gained popularity by offering cheap fares to customers. Empower has violated …

POSTED MARCH 31, 2026 5:00 AM
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …

POSTED MARCH 31, 2026 5:00 AM
Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’
Pop megastar Taylor Swift was sued by a Las Vegas performer on Monday who said Swift’s latest hit album “The Life of a Showgirl” violates her trademark rights. Maren Wade said in the complaint that marketing for Swift’s album threatened …

POSTED MARCH 30, 2026 6:08 PM
Texas Pizza Hut Franchise to Pay $35K in Harassment Suit
Ayvaz Pizza, LLC, doing business as Pizza Hut, which operates more than 350 Pizza Hut restaurants around the country, including multiple locations in the Houston area, will pay $35,000 and furnish other relief to settle a sex harassment and retaliation …

POSTED MARCH 30, 2026 4:49 PM
Michigan School District Settles Suit Over Pledge of Allegiance Dispute
A suburban Detroit school district has agreed to give First Amendment training to staff to settle a lawsuit by a teenager who said a teacher humiliated her for refusing to stand for the Pledge of Allegiance in protest of U.S. …

POSTED MARCH 30, 2026 4:29 PM
Illinois Hospital Sued Over Vaccine Mandate
Silver Cross Hospital, based in New Lenox, Illinois, violated federal law when it failed to provide a reasonable accommodation to an employee who requested to be exempt from receiving the COVID-19 vaccine because of her religious beliefs, the U.S. Equal …

POSTED MARCH 30, 2026 4:22 PM
Qatar-Exxon LNG Plant Marks First Production From Texas Facility
The Texas joint venture between QatarEnergy and Exxon Mobil Corp. has started liquefied natural gas production from the first of its three trains at the facility, marking a major milestone for US exports of the fuel as global supplies dwindle. …

POSTED MARCH 30, 2026 4:19 PM
Albany Diocese Reaches $148 Million Agreement With Abuse Survivors Committee
The Roman Catholic Diocese of Albany, New York has agreed to pay $148 million into a fund to settle claims of clergy and employee sexual abuse in an agreement approved by the committee of sexual abuse survivors. The amount is …

POSTED MARCH 30, 2026 4:08 PM
People Moves: WTW Makes Structural, Leadership Changes to EMEA Regional Operations; Carpenter Taps FloodFlash’s Bartholomew as Head of Parametric Advisory
This edition of International People Moves details appointments at brokers WTW and Guy Carpenter. A summary of these new hires follows here. WTW Makes Structural and Leadership Changes to EMEA Regional Operations Insurance broker WTW announced structural and strategic changes …

POSTED MARCH 30, 2026 3:57 PM
Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says
A search for three crew members reported missing after a Thai-flagged cargo vessel was attacked in the Strait of Hormuz earlier this month failed to locate them, according to ship’s owner. Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was …

POSTED MARCH 30, 2026 3:11 PM
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders
The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plans told Reuters. …

POSTED MARCH 30, 2026 2:50 PM
Hawaii to Take Over Aging Dam After Failure Scare During Floods
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …

POSTED MARCH 30, 2026 1:42 PM
Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …

POSTED MARCH 30, 2026 12:40 PM
European Commission’s Data Stolen in Hack on AWS Account
The European Commission was hit by a cyberattack that may have resulted in the theft of internal data, months after another incident potentially exposed some staff details. The European Union’s executive arm experienced a breach on March 24, a spokesman …

POSTED MARCH 30, 2026 12:07 PM
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War
Israel and US strikes have wiped out senior Iranian leaders and hit key targets across the country. But after a month of fighting, it is arguably Iran that has secured the most significant strategic victory — a tightening grip over …

POSTED MARCH 30, 2026 11:01 AM
Africa’s Biggest City Takes Out $7.5 Million Flood-Risk Policy
Lagos, Nigeria’s commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access relief when disaster strikes. The policy covers up to 4 million people in the coastal megacity, according to a statement …

POSTED MARCH 30, 2026 9:35 AM

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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