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News Archives - Insurance Journal

Trump signs order to speed review of psychedelics
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine and other psychedelics remain banned …

POSTED APRIL 21, 2026 5:08 AM
Supreme Court Rebuffs Challenge to Class-Action Status of Bank Collusion Suit
The U.S. Supreme Court declined on Monday to hear a bid by Bank of America and seven other major financial institutions to prevent American cities from banding together in a $12 billion class action accusing them of artificially inflating interest …

POSTED APRIL 21, 2026 5:07 AM
Tariff Refund System Launches as Thousands of Companies File Claims
The refund system set up to allow companies to recover illegally collected tariffs from the U.S. government went live on Monday as thousands of companies rushed to file claims. “So far, so good” – though the system is a little …

POSTED APRIL 21, 2026 5:05 AM
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic?
The final tally for the 2025 Atlantic hurricane season ended up including eight tropical storms, one category 4 hurricane (Gabrielle) and three category 5 hurricanes (Erin, Humberto, Melissa). Only one event, Hurricane Imelda, fell into the intensity classes sometimes described …

POSTED APRIL 21, 2026 5:02 AM
Woman Allegedly Took Disability Benefits From Conn. Job While Working Another in Mass.
A Massachusetts woman has been arrested and charged with illegally collecting workers’ compensation benefits while being employed at a storage facility in Connecticut. The Connecticut Chief States Attorney’s office reported that Mackenzie Coonan, of Rutland, Massachusetts, was arrested by inspectors …

POSTED APRIL 21, 2026 5:00 AM
Tijuana River Sewage Is Sickening Thousands in California
The smell of rotten eggs permeates Steve Egger’s Southern California home, especially at night as the nearby Tijuana River foams up with sewage from Mexico before emptying into the Pacific Ocean. Egger, 72, says he and his wife have frequent …

POSTED APRIL 21, 2026 5:00 AM
Wildfires Used to ‘Sleep’ at Night. Climate Change Has Them Burning Overtime
Burning time for North American wildfires is going into overtime. Flames are lasting later into the night and starting earlier in the morning because human-caused climate change is extending the hotter and drier conditions that feed fires, a new study …

POSTED APRIL 21, 2026 5:00 AM
100-Year Hurricane in NYC Could Cost Insurers More Than $100B: KCC
A 1-in-100-year hurricane event in New York City could cost insurers more than $100 billion, according to an analysis by Karen Clark & Co (KCC). And a 1-in-250-year hurricane could cost insurers twice as much, the catastrophe modeler says. While …

POSTED APRIL 21, 2026 5:00 AM
California Commissioner Advances Proposal to Overhaul Intervenor Process
California Insurance Commissioner Ricardo Lara and the California Department of Insurance are continuing to try and revamp the state’s intervenor process, in which groups or people are paid for intervening in rate hearings. Lara and the CDI submitted the Intervenor …

POSTED APRIL 20, 2026 8:28 PM
People Moves: Swingle Collins & Associates Appoints Curtis as CEO
Swingle Collins & Associates announced the appointment of Dan Curtis as Chief Executive Officer, effective March 31, 2026. In conjunction with the appointment, Founder and CEO Frank Swingle will transition to the role of Executive Chairman, where he will continue …

POSTED APRIL 20, 2026 4:53 PM
Low-Producing Oil Wells Cause Headaches for Texans
Some Texas oil wells gush hundreds of barrels of oil a day. But many are like the wells on Jackie Chesnutt’s ranch in West Texas that only trickle out a couple barrels a month. Chesnutt, a retired engineer, claims the …

POSTED APRIL 20, 2026 4:47 PM
Destructive Winds and Tornadoes Leave Trail of Damage Across Midwest
A trail of damaged homes and buildings dotted a wide swath of the U.S. on Saturday after a burst of destructive winds and reported tornadoes tore off roofs, uprooted trees and rendered rural roads impassable with debris. No deaths were …

POSTED APRIL 20, 2026 4:34 PM
Michigan Feared Cheboygan Dam Danger Before Rains Pushed it to Brink
Local, state and federal officials were aware of the dangers posed by the Cheboygan Lock and Dam for years before floodwaters pushed it to the brink of collapse, records show. Yet they failed to compel private owners to repair the …

POSTED APRIL 20, 2026 4:26 PM
UPS Plane Aborts Landing in Louisville After Small Plane Crosses Runway
A UPS cargo plane had to abort its landing in Louisville last week when a small plane crossed the runway just as it approached. The air traffic controller yelled “Skylab 25, stop!” at the small plane before quickly ordering the …

POSTED APRIL 20, 2026 3:48 PM
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades
Sugar tycoons Jose “Pepe” Fanjul and Alfonso “Alfy” Fanjul Jr. have a plan to dig up thousands of acres of the Florida Everglades for rock that the state needs to build roads. One of the brothers’ billionaire neighbors in Palm …

POSTED APRIL 20, 2026 3:37 PM
Lawmakers Gather to Talk About AI; Angst and Fears of ‘Destruction’ Follow
A congressional subcommittee on April 16 held a roundtable discussion on the potential of artificial intelligence, which took a turn toward the existential as each lawmaker aired their anxieties about the rapidly evolving technology. Rep. James Walkinshaw, D-Va., expressed alarm …

POSTED APRIL 20, 2026 3:00 PM
Business Interruption: Liquor Delivery Backlog Frustrates Retailers in Mississippi
Brandi Carter needs her wine. As the owner of Levure Bottle Shop in Jackson, Mississippi, she sells natural wine delivered to her business by a state agency responsible for distributing alcoholic beverages to liquor stores, bars and restaurants. But delays …

POSTED APRIL 20, 2026 2:37 PM
Justice Department Targets Leading US Egg Producers in Antitrust Case: Report
The U.S. Justice Department is preparing an antitrust suit against a few major egg producers, including Cal-Maine Foods and Versova, over alleged price coordination, the Wall Street Journal said on April 17, citing people familiar with the matter. Shares of …

POSTED APRIL 20, 2026 2:09 PM
Rapper Sues California Prisons for $100M Over Stabbing by Inmate
Rapper Tory Lanez has sued the California prison system, saying he never should have been housed with a fellow inmate who stabbed him 16 times last year. Lanez, 33, whose legal name is Daystar Peterson, filed the federal lawsuit seeking …

POSTED APRIL 20, 2026 2:04 PM
People Moves: Howden Hires Thomas to Lead Trucking Specialty Practice; Cottle to Head Clyde & Co Regulatory and Investigations
Howden, the global insurance broker, hired Patrick Thomas as Howden U.S. managing director within the company’s trucking specialty vertical. Thomas leads Howden’s U.S. trucking strategy, overseeing the continued build-out of a dedicated, nationwide trucking practice serving motor carriers, owner-operators, fleets …

POSTED APRIL 20, 2026 1:29 PM
Skydiver Rescued After Crashing Into Virginia Tech Stadium Scoreboard
A skydiver crashed into the Lane Stadium scoreboard before Virginia Tech’s spring football game Saturday. Virginia Tech officials said on X that the skydiver “was safely secured and is currently stable” following rescue efforts. The incident caused a delay in …

POSTED APRIL 20, 2026 11:41 AM
Gunfire, U-Turns and Threats Mark a Chaotic Weekend in Hormuz
After Iranian Foreign Minister Abbas Araghchi posted on X on Friday that the Strait of Hormuz was “completely open,” a tanker stuck in the Persian Gulf immediately lifted anchor and began heading for the narrow waterway. The ship believed it …

POSTED APRIL 20, 2026 10:40 AM
India Expands Russian Marine Insurance Options
India has expanded the pool of Russian insurers eligible to provide marine cover to ships docking at its ports, increasing the number to 11 from eight, according to its Directorate General of Shipping. India has permitted Russia’s Gazprom Insurance and …

POSTED APRIL 20, 2026 10:04 AM
How Niche Insurance Shielded Bad Bunny From Bad Weather
Bad Bunny had a problem. Days before the Puerto Rican mega-star was set to perform in Colombia earlier this year, the possibility of heavy rains threatened to turn three sold-out shows in Medellin into multimillion-dollar losses. Solutions were few. Traditional …

POSTED APRIL 20, 2026 9:34 AM
Asia Regulators Raise Scrutiny on Banks Amid Mythos AI Fears
Regulators across Asia are stepping up scrutiny of cybersecurity risks in their financial systems, as concerns over Anthropic PBC’s latest AI model Mythos spread. Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met …

POSTED APRIL 20, 2026 9:19 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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