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News Archives - Insurance Journal

People Moves: Silberberg Energy & Power Infrastructure Leader at Marsh Risk, US & Canada; NFP Hires Pender to Construction and Infrastructure Team, North America
Marsh Appoints Silberberg Energy & Power Infrastructure Leader, Marsh Risk, US & Canada Marsh appointed Joanne Silberberg to the newly created role of energy and power infrastructure leader, Marsh Risk, U.S. and Canada. Silberberg will work closely with Marsh’s energy …

POSTED APRIL 30, 2026 6:10 PM
Marsh McLennan Agency to Buy Health and Benefits Broker TriBridge Partners
Marsh McLennan Agency (MMA) announced that it has reached an agreement to acquire TriBridge Partners, an independent benefits broker and retirement and wealth advisor headquartered in Columbia, Maryland. Terms of the acquisition were not disclosed. TriBridge Partners was founded in …

POSTED APRIL 30, 2026 6:00 PM
St. Louis Alderman Sentenced to 16 Months for Insurance Fraud
U.S. District Judge Henry E. Autrey this week sentenced former St. Louis Alderman Brandon Bosley to 16 months in prison for insurance fraud and lying to the FBI. Bosley will be on supervised release for three years after his release …

POSTED APRIL 30, 2026 4:50 PM
2 Young People Arrested in Alleged Plot to Attack Texas Synagogue
Two young people have been arrested in an alleged plot to attack a Texas synagogue that involved driving through the congregation to “kill as many Jews as possible,” according to authorities and court documents. The arrests come a month after …

POSTED APRIL 30, 2026 4:43 PM
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires
This edition of International People Moves details appointments at Apollo and The Fidelis Partnership. Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie Apollo, the London-based subsidiary of Skyward Group, announced the launch of an international casualty reinsurance …

POSTED APRIL 30, 2026 4:31 PM
Steel Company Faces $12M Settlement Over Contamination at Ohio Site
The Department of Justice announced a proposed settlement with Cleveland-Cliffs Steel Corporation (Cliffs) requiring it to address releases of hazardous waste at its Middletown Works facility. Under the proposed consent decree, Cliffs will perform long-term corrective measures to comply with …

POSTED APRIL 30, 2026 4:30 PM
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to …

POSTED APRIL 30, 2026 3:51 PM
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4 million, of …

POSTED APRIL 30, 2026 3:35 PM
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway. Two …

POSTED APRIL 30, 2026 3:20 PM
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, added Matthew Friedson to its employee benefits group as first vice president. Based in Bethesda, Maryland, he will work with clients throughout the Northeast to tailor executive benefits and financial strategies for their …

POSTED APRIL 30, 2026 3:18 PM
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledges that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …

POSTED APRIL 30, 2026 2:29 PM
Texas Seeks to Ban In-Home Ketamine
The Texas Medical Board is proposing tighter regulations around ketamine, a popular fast-acting sedative used to treat mental illness, including more physician oversight during administration of the drug and banning in-home use of it. The revised rules are expected to …

POSTED APRIL 30, 2026 2:08 PM
Rain Helped, But Georgia Officials Warn That Wildfires Still a Threat
Officials battling two large wildfires that have destroyed dozens of homes in southern Georgia warned Tuesday that firefighters are bracing for a prolonged battle even after weekend rains gave a big boost to containment efforts. “A little bit of rain …

POSTED APRIL 30, 2026 2:04 PM
Mississippi Middle School Students Stop Bus From Crashing After Driver Blacks Out
Quick-thinking middle school students in Mississippi kept their school bus from crashing after their driver passed out while on a four-lane highway. The bus had just left Hancock Middle School in Hancock County last week with about 40 children on …

POSTED APRIL 30, 2026 1:53 PM
California Gasoline Price Surges Above $6 as Iran War Fans Gains
Gasoline in California has topped $6 a gallon as the global energy crunch from the Iran war reverberates. The average statewide price for regular gasoline rose to $6.01, according to data from the American Automobile Association. That’s the highest since …

POSTED APRIL 30, 2026 1:32 PM
Grant Thornton: Insurers See AI Gains but Face Governance Gap
Insurers are seeing gains from artificial intelligence, but many are also exposing themselves to unnecessary risks, according to a new Grant Thornton report. The independent CPA firm’s 2026 AI Impact Survey Report found that 44% of insurance executives say governance …

POSTED APRIL 30, 2026 1:21 PM
Markets/Coverages: Willis’ Merger Protect to Help With M&A Compliance Costs; Axon Cyber Launches for Small Enterprises
Willis, a WTW business, has launched Merger Protect, a specialty insurance solution to help organizations manage the financial impact of U.S. antitrust regulatory review in mergers and acquisitions transactions. Merger Protect forms part of Willis’ broader transactional risk offering, designed …

POSTED APRIL 30, 2026 12:13 PM
Nearly All of Europe Had Above-Average Heat Last Year, as Climate Records Toppled
Almost all of Europe experienced above-average heat in 2025, a year that broke records for wildfires, sea temperatures and heatwaves as climate change worsens, EU scientists and the World Meteorological Organization said on Wednesday. At least 95% of Europe experienced …

POSTED APRIL 30, 2026 9:37 AM
Australia Regulator Threatens Enforcement for Poor AI Controls
Australia’s top prudential regulator said it will take action against companies that fail to adequately control cybersecurity threats, as concerns within the industry mount over Anthropic PBC’s latest AI model Mythos. The Australian Prudential Regulation Authority is finalizing a plan …

POSTED APRIL 30, 2026 8:58 AM
Red-State AGs Call Out Credit-Rating Companies Over ESG
A group of state attorneys general wrote to the US Securities and Exchange Commission and major credit-rating firms, raising concerns about the use of environmental, social and governance factors in downgrade decisions. The officials from 23 Republican-led states, which include …

POSTED APRIL 30, 2026 6:00 AM
Cyber Threat Literacy, AI Disruption Top Risks to an Organization’s People
According to thousands of human resources and risk professionals surveyed by Marsh, inadequate cyber threat literacy ranks as the number one risk to people. It makes sense, since human error continues to be a top cause of cyber losses. Phishing …

POSTED APRIL 30, 2026 5:08 AM
Portugal Launches $26.5 Billion Resilience Plan After Storms and Blackout
Portugal’s government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. The plan was initiated after severe storms hit central mainland Portugal …

POSTED APRIL 30, 2026 5:05 AM
Families of Canadian Mass Shooting Victims Sue OpenAI in US Court
Family members of victims of one of Canada’s deadliest mass shootings sued OpenAI and its CEO Sam Altman in U.S. court on Wednesday, alleging the company identified the shooter as a credible threat eight months before the attack but did …

POSTED APRIL 30, 2026 5:03 AM
Billionaire Tax Proposal in California on Track to Qualify for Ballot, Say Backers
A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said. The proposal, backed by the Service Employees International Union Healthcare Workers West, would …

POSTED APRIL 30, 2026 5:00 AM
People Moves: The Doctors Company Makes Key Medical Professional Liability Leadership Appointments
The Doctors Company made several leadership appointments to add its medical professional liability operations. Todd Zeiter has been promoted to chief underwriting officer. He has amassed an underwriting and reinsurance background and nearly three decades at The Doctors Company. He …

POSTED APRIL 30, 2026 5:00 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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