Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25
Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations …
POSTED MARCH 23, 2026 4:11 PM |
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
POSTED MARCH 23, 2026 4:10 PM |
Hawaii’s Worst Flooding in 20 Years Prompts Evacuations
Hawaii officials urged people in hard-hit areas to evacuate Saturday due to the state’s worst flooding in more than 20 years, after heavy rains fell on soil already saturated by downpours from a winter storm a week ago. Muddy floodwaters …
POSTED MARCH 23, 2026 3:34 PM |
Relation Insurance Acquires Chinook Insurance Group in Washington
Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture industry. The company also has additional …
POSTED MARCH 23, 2026 3:26 PM |
Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd
Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers’ plans for production increases that could help ease record-high U.S. beef prices. The loss of grasslands in the second-biggest cattle-producing state removes a feed source for …
POSTED MARCH 23, 2026 3:19 PM |
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance
When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …
POSTED MARCH 23, 2026 3:15 PM |
P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured Research. In the report titled “P&C Loss Reserves at Year-End 2025: …
POSTED MARCH 23, 2026 2:55 PM |
Trump Suit Against Capital One Dismissed But Can Be Refiled
The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its “deficient” …
POSTED MARCH 23, 2026 2:44 PM |
Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation
Planned Parenthood of Illinois (Planned Parenthood) violated federal law when they segregated employees by race, subjected white employees to harassment, and engaged in disparate treatment against white employees regarding terms, conditions, and privileges of employment, the U.S. Equal Employment Opportunity …
POSTED MARCH 23, 2026 2:31 PM |
Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears
Not too long ago, Tamala Alejandro said her backyard was lush with a vegetable garden. On the ground, she had watermelons, cantaloupes and potatoes. She loved her herb garden, and her prized possession was her beloved peach tree. But then, …
POSTED MARCH 23, 2026 2:27 PM |
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz — which has been effectively closed to shipping since the start of the …
POSTED MARCH 23, 2026 2:26 PM |
People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader
MSIG USA announced the appointment of Matt Thompson as South-Central region distribution leader, responsible for leading MSIG USA’s growth strategy across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas. Thompson will report to Joseph Fitzpatrick, head of distribution for MSIG USA. Thompson …
POSTED MARCH 23, 2026 2:24 PM |
Harvard Sued by Justice Department Over Alleged Antisemitism on Campus
The Justice Department sued Harvard University for allegedly violating Jewish students’ civil rights in the Trump administration’s latest attack on the university. In the suit filed Friday in Boston federal court, the government claims Harvard failed to protect Jewish students …
POSTED MARCH 23, 2026 2:21 PM |
Southwest Heat Wave Tumbles Records, Raises Fire Risk
Nearly 9.5 million people across the U.S. Southwest face extreme high temperatures, as an ongoing heat wave continues to topple records and raise the risk of wildfires as far away as the Great Plains. Las Vegas reached 96F (36C) Saturday, …
POSTED MARCH 23, 2026 2:13 PM |
Starr Completes Acquisition of IQUW Group
Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which creates a more diversified specialty re/insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor. Financial …
POSTED MARCH 23, 2026 1:35 PM |
Two Pilots Killed, Dozens Injured in Jet Collision With Fire Truck at LaGuardia Airport
NEW YORK/MONTREAL/WASHINGTON — An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport late on Sunday, killing both pilots, injuring dozens and closing the facility, authorities said. The Air Canada Express CRJ-900 plane, …
POSTED MARCH 23, 2026 12:20 PM |
Musk Found Liable to Twitter Shareholders in Fraud Lawsuit Over Takeover
A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in …
POSTED MARCH 23, 2026 11:50 AM |
Update: Trump Puts Off Threat to Bomb Iran Power Grid; Iran Denies Talks Taking Place
U.S. President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on …
POSTED MARCH 23, 2026 10:13 AM |
Fermat Criticizes ‘Unprecedented’ EU Plan to Limit Retail Investor Access to Cat Bonds
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and managing director of the Connecticut-based hedge fund …
POSTED MARCH 23, 2026 9:28 AM |
Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …
POSTED MARCH 23, 2026 9:18 AM |
Chinese Insurer Ping An’s Offshore Unit Reconsiders US Exposure
The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …
POSTED MARCH 23, 2026 8:02 AM |
Iran-Linked Hackers Restore Website After US Seizes Domains
The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …
POSTED MARCH 23, 2026 5:20 AM |
Hyundai Says More Injuries Tied to SUV Rear Power Seat Recall
Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl …
POSTED MARCH 23, 2026 5:15 AM |
Remote Spanish Airport Again Becomes Parking Lot for Planes, This Time on Iran War
An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …
POSTED MARCH 23, 2026 5:05 AM |
The Luxury Life of British Expats in Dubai Faces a Reality Check
On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for …
POSTED MARCH 23, 2026 5:03 AM |