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News Archives - Insurance Journal

Relation Acquires Rummel Associates
Relation Insurance Services acquired the assets of Rummel Associates, Inc. The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed. Specializing in both commercial and personal insurance, Rummel is based in Chicago, Illinois. Jared …

POSTED MARCH 11, 2026 5:30 PM
NTSB to Hold Hearing on Two Fatal Ford Crashes Involving Driver Assistance
The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor’s hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 model year Ford Mustang Mach-Es …

POSTED MARCH 11, 2026 4:11 PM
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping lanes. Three people are missing. The …

POSTED MARCH 11, 2026 3:43 PM
Record March Heat to Scorch Los Angeles, US Southwest
An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …

POSTED MARCH 11, 2026 3:38 PM
UK Watchdog Fines Aviva Unit $14 Million Over Solvency Miscalculation
Britain’s banking stability watchdog has fined U K Insurance Ltd., now part of Aviva, 10.6 million pounds ($14.2 million) over a miscalculation in its Solvency II balance sheet for 2023 and 2024. The Prudential Regulation Authority (PRA), part of the …

POSTED MARCH 11, 2026 3:24 PM
UBS Urges US Judge to Curb Liability for Nazi-Linked Crimes
UBS urged a U.S. judge on Tuesday to shield it from new Holocaust-related litigation arising from an investigation of the former Credit Suisse’s activities during World War II. A lawyer for UBS asked U.S. District Judge Edward Korman in Brooklyn …

POSTED MARCH 11, 2026 3:13 PM
Coast Guard and First Responders Battle Fire on Scrap Metal Barge in Delaware Bay
Multiple government agencies and the U.S. Coast Guard have been responding to a barge fire in the Delaware Bay since 8:20 a..m. yesterday. The barge is carrying salvage metal and has been moved to shallow water where it can be …

POSTED MARCH 11, 2026 2:55 PM
CRC Group CEO on Casualty: ‘It’s More About the Coverage’ Than Price
Data, said CRC Group CEO Dave Obenauer, is a more critical part of insurance than ever, with artificial intelligence leading to greater client coverage outcomes. Speaking recently at Zywave’s Casualty Insights Conference in New York, Obenauer said the casualty market …

POSTED MARCH 11, 2026 2:37 PM
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub
If all goes according to plan for the nation’s second-largest sovereign wealth fund, a barren stretch of desert in Albuquerque’s plains will soon become a research center where scientists replicate nuclear fusion — the process that powers the sun and …

POSTED MARCH 11, 2026 2:31 PM
Alabama Dentist Sentenced After Blowing Up His Office to Gain Insurance Payout
Almost one year ago, an Alabama dentist was captured on surveillance video setting fire to his dental office in Evergreen, triggering an explosion that destroyed the building and slightly injured the dentist. Last week, Dr. Douglas P. O’Connor was sentenced …

POSTED MARCH 11, 2026 2:20 PM
Virginia Boater Files Class Action Against DC Utility for Potomac River Sewage Spill
A Virginia boater is suing a Washington water utility for negligence in the collapse of a pipe that leaked millions of gallons of raw sewage into the Potomac River. The class action lawsuit filed Friday in U.S. District Court in …

POSTED MARCH 11, 2026 2:18 PM
Recreational Marijuana Effort Fizzles After Florida High Court Declines to Review
A move to allow Florida voters to decide if recreational marijuana should be legal in the state won’t be appearing on ballots anytime soon. The Florida Supreme Court this week declined to hear a petition from Smart & Safe Florida. …

POSTED MARCH 11, 2026 1:24 PM
Florida Bills Would Open Door to More Housing in the Everglades, Brownfields
Florida lawmakers who say they want to encourage construction of more affordable housing are trying to strip away powers Miami has used for decades to keep developments, strip malls and warehouses out of the Everglades. A land-use bill, HB 399, …

POSTED MARCH 11, 2026 12:30 PM
Three Ships Struck in Day of Heavy Middle East Attacks
Three vessels were hit by suspected projectiles in the Strait of Hormuz and Persian Gulf on Wednesday, one of the heaviest days of attacks since the Iran war began. A cargo vessel called Mayuree Naree was attacked in the Strait …

POSTED MARCH 11, 2026 10:48 AM
Sony Fighting $2.7 Billion UK Lawsuit Over PlayStation Store Prices
Sony is fighting a London lawsuit worth almost 2 billion pounds ($2.7 billion) that alleges the PlayStation maker’s “monopoly position” inflated prices for digital games, in the latest mass consumer case to go to trial in Britain. The Japanese conglomerate …

POSTED MARCH 11, 2026 10:16 AM
Dubai Flights Disrupted After Drones Injure Four Near Main Airport
Dubai International Airport briefly halted operations on Wednesday after drones smashed down at the facility, resulting in four injuries at the world’s busiest international hub. Dubai’s media office said that two drones fell in the vicinity of the airport, resulting …

POSTED MARCH 11, 2026 9:40 AM
Texas Hemp Businesses Fear an Uptick in Police Raids
Dallas attorney Chelsie Spencer specializes in making sure Texas businesses that sell hemp-derived THC products know how to stay in compliance with state and federal rules and regulations, an area that can be very confusing. She offers them a monthly …

POSTED MARCH 11, 2026 9:00 AM
Bayer Takes Its Multi-Front Battle on Pesticide Liability to Kansas
Kansas lawmakers were set to take up a bill on Tuesday backed by Bayer BAYGn.DE that would prevent people from suing pesticide manufacturers for not warning them that their products could cause cancer or other illnesses, as the German company …

POSTED MARCH 11, 2026 8:00 AM
Unconditional Payments Interrupt Prescription for Louisiana First-Party Claims
Unconditional payments – payments made without condition or reservation of rights, such as settlement offers – restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled last week. The prescriptive period …

POSTED MARCH 11, 2026 7:00 AM
Northern Louisiana Rattled by Series of Earthquakes
Louisiana already has its hands full catastrophe exposures in the form of hurricanes, floods and severe storms. Could earthquakes be next on the list? Northern Louisiana has been rattled by a series of earthquakes in the past week. First was …

POSTED MARCH 11, 2026 7:00 AM
DOJ Urges Companies to Report Criminal Misconduct in New Nationwide Policy
The U.S. Justice Department is rolling out a policy across divisions to encourage companies to report criminal misconduct in exchange for reduced penalties and other benefits, according to a DOJ memo shared with Reuters on Tuesday. The policy, similar to …

POSTED MARCH 11, 2026 5:21 AM
International Women’s Day 2026: Why ‘Give to Gain’ Matters for Insurance
Every March, our industry gets a moment to pause and recognize the women shaping insurance—not just through leadership and advocacy, but through the economic power they generate every day. Women are driving business creation, influencing commercial buying decisions, and shaping …

POSTED MARCH 11, 2026 5:15 AM
NHTSA Seeks Comment on Zoox Petition for Robotaxis Without Steering Wheels
The National Highway Traffic Safety Administration said Tuesday it is seeking public comments on Amazon.com’sself-driving unit Zoox to deploy up to 2,500 purpose-built, steering-wheel-free robotaxis. Zoox filed a petition in August seeking approval from the auto safety agency saying it …

POSTED MARCH 11, 2026 5:06 AM
California DMV Renewed His License After Crash Killed a Child – Then Hid His Records
Placer County prosecutors wanted any information the California Department of Motor Vehicles had on Kostas Linardos, who drove a three-ton pickup truck at high speed into the back of a sedan in late 2022, killing a toddler. The district attorney’s …

POSTED MARCH 11, 2026 5:00 AM
A-MAX Insurance Acquires Best Buy Insurance in Arizona
A-MAX Insurance acquired Best Buy Insurance, an Arizona-based agency. The deal marks A-MAX’s first physical expansion into the Arizona market. Best Buy Insurance was established in 1996. A-MAX operates more than 200 locations nationwide, providing access to non-standard and standard …

POSTED MARCH 11, 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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