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News Archives - Insurance Journal

Methven to Succeed Millaire as CyberCube CEO
CyberCube has named Chris Methven its new CEO, replacing Pascal Millaire, who has been the leader of the cyber risk modeling and analytics company since it has operated as a standalone company. Methven has been Cyber Cube’s chief growth officer …

POSTED FEBRUARY 10, 2026 6:19 AM
People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Management
Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built and led …

POSTED FEBRUARY 10, 2026 6:04 AM
Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again
Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker summit, …

POSTED FEBRUARY 10, 2026 6:01 AM
Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack
Rhode Island-based Beacon Mutual Insurance Co. has experienced a data breach caused by a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it received an alert …

POSTED FEBRUARY 10, 2026 6:00 AM
Colorado Funeral Home Owner Who Abused Corpses Got 40 Years
A Colorado funeral home owner who stashed 189 decomposing bodies in a building over four years and gave grieving families fake ashes was sentenced to 40 years in state prison. During the sentencing hearing, family members told Judge Eric Bentley …

POSTED FEBRUARY 10, 2026 6:00 AM
Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement
Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude oil on the 22,000-acre property. The sale of Ashley Watt’s Antina Ranch …

POSTED FEBRUARY 10, 2026 6:00 AM
Musk’s Underground Vegas Tunnels Scrutinized for Safety, Environmental Concerns
Elon Musk’s “Vegas Loop,” a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations. Lawmakers spent hours grilling state safety officials …

POSTED FEBRUARY 10, 2026 6:00 AM
Rising Fire Risk Prompts Utilities to Deliberately Cut Power
States in the U.S. West are grappling with an unusually warm, arid winter that is ramping up fire risk in some areas, driving utilities to take drastic precautions, including sometimes shutting off the power in a bid to keep their …

POSTED FEBRUARY 10, 2026 6:00 AM
Man Convicted for Role in Commercial Learner’s Permit Scam Using Bluetooth
A Massachusetts man was convicted last week in federal court in Boston for engaging in a scheme in which he provided an applicant with the answers to the state’s commercial drivers learner’s permit exam. Frank Castro was convicted of unlawful …

POSTED FEBRUARY 10, 2026 6:00 AM
People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to Chicago Employee Benefits Group
Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson family of companies, providing construction, real estate, risk …

POSTED FEBRUARY 09, 2026 5:15 PM
Kansas Jury Awards $8M to Family of Teen Who Died at Juvenile Intake Center
Jurors have awarded $8.3 million to the family of a Kansas foster teen who died in 2021 after he was held facedown for 39 minutes in a juvenile intake center while in the throes of a mental health crisis. Five …

POSTED FEBRUARY 09, 2026 5:03 PM
Giant Snails and Tiny Insects Threaten Rice and Crawfish Farms
Josh Courville has harvested crawfish his whole life, but these days, he’s finding a less welcome catch in some of the fields he manages in southern Louisiana. Snails. Big ones. For every crawfish Courville dumps out of a trap, three …

POSTED FEBRUARY 09, 2026 4:51 PM
Social Networks Face Big Tobacco Moment Over Addiction Claims
Facebook, Google and other tech giants for more than a decade have rejected allegations that they build products deliberately to get kids addicted to social media. For the first time, company executives, including Meta Platforms Inc. Chief Executive Officer Mark …

POSTED FEBRUARY 09, 2026 4:41 PM
Family of Still-Missing Texas Camper Sues to Shut Down Camp Mystic
The family of an 8-year-old girl who remains missing after being swept away by Hill Country flooding that struck Camp Mystic last summer is suing its owners and demanding a judge prevent its reopening. The 100-page lawsuit, filed by Catherine …

POSTED FEBRUARY 09, 2026 4:39 PM
CNA Q4 Underwriting Results Drop 6.2%
Fourth quarter 2025 net income at CNA Financial shot up to $302 million compared with $21 million the prior year quarter. Results, CNA, said, included a $290 million benefit from a pension settlement transaction. The underwriting gain for CNA’s property/casualty …

POSTED FEBRUARY 09, 2026 4:07 PM
Mississippians Without Power for Two Weeks After Winter Storm
Nearly two weeks after an ice storm knocked out power to her home, Barbara Bishop still finds herself trying to flip the lights on and looking in her fridge for food that has since spoiled. Bishop, 79, and her 85-year-old …

POSTED FEBRUARY 09, 2026 3:22 PM
EEOC Files to Get NAPA Auto to Comply in Hiring Investigation
The Equal Employment Opportunity Commission (EEOC) last week filed documents in federal court to compel NAPA Auto Parts to comply with a subpoena. Back in May 2024, the EEOC filed a change under Title VII of the Civil Rights Act …

POSTED FEBRUARY 09, 2026 3:16 PM
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed
Insurers through the first nine months of 2025 recorded an underwriting profit of $35.3 billion—far above a $4 billion result at the same point the year prior. As public insurance companies announce fourth quarter and full-year earnings, Verisk and the …

POSTED FEBRUARY 09, 2026 2:44 PM
Instagram, YouTube Addiction Trial Kicks Off in Los Angeles
A California state court case over whether Instagram and YouTube harmed a woman’s mental health through addictive app design kicks off on Monday with opening statements, in a test of whether Big Tech platforms can be held liable for harming …

POSTED FEBRUARY 09, 2026 2:36 PM
Coupang Confirms More Data Leaks Which South Korean Aide Says Has ‘Shaken’ US Ties
U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday [Feb. 5] that the data of an additional 165,000 users was leaked in a major security breach, which a South Korean government official said had shaken the country’s alliance with the …

POSTED FEBRUARY 09, 2026 12:43 PM
Danone Infant Formula Recalls Expand in UK, Ireland
The UK, Ireland and the Netherlands joined a wave of European nations issuing recalls of Danone SA infant formula as the French company’s exposure to the contamination crisis deepens. Some batches of Danone’s Aptamil and Cow & Gate formula brands …

POSTED FEBRUARY 09, 2026 12:10 PM
EU to Soften Emissions Curbs on Companies in Flagship Market
The European Union is set to relax emissions-reduction rules for thousands of companies, recalibrating the world’s most rigorous carbon market under pressure from industry and governments concerned about the region’s sinking competitiveness. Before a summit of EU leaders next week …

POSTED FEBRUARY 09, 2026 11:49 AM
Portugal Rolls Out €2.5 Billion Aid as Deadly Flooding Spreads
Portugal’s government approved a set of emergency laws to speed reconstruction after deadly flooding, clearing administrative hurdles as part of a €2.5 billion ($2.9 billion) support package in one of the largest disaster-relief efforts ever mobilized by the country. The …

POSTED FEBRUARY 09, 2026 11:35 AM
EU Commission Proposes Further Sanctions on Russian Oil Trade and Financial Services
The European Union’s executive arm proposed further sanctions against Russia on Friday over the Ukraine war, including a ban on shipping services that help Moscow’s oil industry and measures targeting the country’s financial services and trade sectors. European Commission President …

POSTED FEBRUARY 09, 2026 11:15 AM
TikTok Charged for Breaching EU Rules With App’s Addictive Features
TikTok was charged on Friday with breaching EU online content rules over what the bloc’s regulator said were its addictive features and was told to change the design of its app or risk a fine of as much as 6% …

POSTED FEBRUARY 09, 2026 10:39 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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