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News Archives - Insurance Journal

Nantucket Flight Returns After Part of Cabin Door Opens Midair
A Cape Air flight departing from the Massachusetts island of Nantucket returned safely after part of the main cabin door opened shortly after takeoff, an alarming midair incident that prompted the crew to turn back. The aircraft remained stable and …

POSTED APRIL 08, 2026 9:00 PM
Another State, Tennessee, Warns Insurers About the Proper Use of Drone Images
The Tennessee Department of Commerce and Insurance has joined a few other states in urging insurers to be careful about using aerial imagery in making claims and nonrenewal decisions, following some complaints from homeowners. The department is not aiming to …

POSTED APRIL 08, 2026 4:02 PM
Texas Cannabis Businesses Sue State to Block Smokeable Hemp Ban
Texas hemp industry leaders and advocacy groups have sued the state to block new regulations that eliminate natural smokeable hemp products and increase licensing fees. The Texas Hemp Business Council, Hemp Industry & Farmers of America, and several Texas-based dispensaries …

POSTED APRIL 08, 2026 2:08 PM
South Dakota Construction Company Sued Over Whistleblower’s Firing
The U.S. Department of Labor has filed suit against a Valley Springs, South Dakota construction contractor for the wrongful termination of an employee who reported a severe work-related injury. An investigation by the department’s Occupational Safety and Health Administration found …

POSTED APRIL 08, 2026 1:46 PM
Waco Business Earns TDI’s Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has honored Laminate Technologies Inc. in Waco, Texas, with the Lone Star Safety Award for exceptional dedication to protecting its employees through a strong and proactive safety program. This facility’s …

POSTED APRIL 08, 2026 1:26 PM
NFP Acquires Minnesota’s Sherman
NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of Sherman Insurance Agency, Inc., a full-service agency specializing in trucking, commercial, personal and benefits insurance solutions. Based in South St. Paul, Minnesota, …

POSTED APRIL 08, 2026 1:15 PM
Investors Press Amazon, Microsoft and Google on Water, Power Use in Data Centers
Amazon, Microsoft and Alphabet’s Google have each recently abandoned construction of multibillion-dollar data centers over community opposition and now the companies are coming under shareholder pressure over the environmental impact of their projects. More than a dozen investors are cranking …

POSTED APRIL 08, 2026 12:50 PM
UBS Loses Bid to Limit Liability for Nazi-Linked Crimes, Judge’s Ruling Shows
A U.S. judge on Tuesday rejected UBS’ bid to clarify a $1.25 billion settlement from 1999 of Holocaust-related litigation against Swiss banks by shielding it from claims based on new revelations about Nazi-linked accounts. U.S. District Judge Edward Korman in …

POSTED APRIL 08, 2026 12:26 PM
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March …

POSTED APRIL 08, 2026 11:00 AM
Russia-Linked Hackers Hijack Routers to Steal Passwords, UK Says
Russian government-linked hackers are compromising popular internet routers to steal passwords for email accounts and other online services, the UK’s National Cyber Security Centre has warned. The hackers, a group known as APT28, are associated with Russia’s GRU military intelligence …

POSTED APRIL 08, 2026 10:32 AM
Resuming Normal Shipping to Take 6-8 Weeks Once Middle East Stabilizes: Hapag-Lloyd
Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least …

POSTED APRIL 08, 2026 10:02 AM
Markets/Coverages: Marsh Risk Enhances Cyber Facility With Up to $200M of Capacity
Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance. Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in …

POSTED APRIL 08, 2026 9:35 AM
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire
Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations. “At this point, we …

POSTED APRIL 08, 2026 8:42 AM
Update: US, Iran Agree to Two-Week Ceasefire as Israel Escalates Parallel War in Lebanon
Relief over a truce between the United States and Iran gave way on Wednesday to alarm that fighting was still raging across the region, as Israel launched its biggest attacks yet on Lebanon, and Iran struck Gulf neighbors’ oil facilities. …

POSTED APRIL 08, 2026 8:02 AM
Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and, at least in theory, provide an exit window for more than 800 vessels trapped in the Persian Gulf. The …

POSTED APRIL 08, 2026 7:44 AM
Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan
We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide to exercise increased caution. And yet, C-suite and other …

POSTED APRIL 08, 2026 5:17 AM
Truck Rates at Highest Since 2022 Add to Inflation Pressures
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …

POSTED APRIL 08, 2026 5:03 AM
Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers
Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …

POSTED APRIL 08, 2026 5:02 AM
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in the next few months, followed …

POSTED APRIL 08, 2026 5:01 AM
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
An employee of a company that operates a distribution center for Kimberly-Clark Corp. has been arrested on arson charges after a massive fire broke out Tuesday at the facility in California that serves around 50 million people. The 1.2 million-square-foot …

POSTED APRIL 08, 2026 5:00 AM
How Maine Regulators Say They Saved Residents $5.8 Million on Insurance
The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5 million for Mainers …

POSTED APRIL 08, 2026 5:00 AM
US Warns of Iran-Linked Cyber Hacks on Water, Energy Systems
The Trump administration warned cyberattackers with links to Iran are targeting critical US infrastructure including drinking water systems and the energy sector. The attacks are aimed at technology used in water and sewer systems along with government facilities and services, …

POSTED APRIL 08, 2026 5:00 AM
Marsh McLennan Agency Acquires Seitz Insurance in Montana
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is a Sidney, …

POSTED APRIL 08, 2026 5:00 AM
NYC Mayor Wants to Crack Down on ‘Bad Landlords.’ First He Has to Find Them
On a recent weeknight, three tenants of an aging Bronx building were trading apartment horror stories inside a packed ballroom lined with city bureaucrats. The occasion was the third in a series of “rental rip-off hearings,” a new forum launched …

POSTED APRIL 08, 2026 5:00 AM
Avalanche Experts Question Decisions by Guides on Deadly California Backcountry Trip
Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. The backcountry skiers were traveling …

POSTED APRIL 08, 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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