Electrical Fire Closes Broadway Theater Showing ‘The Book of Mormon’
A fire broke out Monday in the Broadway theater that hosts “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial …
People Moves: Society Insurance Names Kohli as VP of Information Technology
Society Insurance announced that Kshitij Kohli has joined the organization as vice president of information technology. In this role, Kohli will lead Society’s technology strategy and execution, with responsibility for core systems, infrastructure, cybersecurity and technology investments aligned with business …
TWFG Acquires Texas-Based Asset Protection Insurance Associates
TWFG announced that it has acquired Asset Protection Insurance Associates. This acquisition combines APIA’s deep specialization in the MGA space, and its highly client‑centric operating model, with TWFG’s expansive platform, resources, and growth infrastructure. By combining organizations, Castroville, Texas-based APIA …
Railroad Wrongfully Suspended Worker for Reporting Collision: OSHA
A U.S. Department of Labor whistleblower investigation has found that a railroad company wrongfully suspended an employee for reporting a train collision and safety concerns, in violation of the Federal Railroad Safety Act. The department’s Occupational Safety and Health Administration …
Wheat Crops Wither, Herds Thin as Spring Drought Deepens
Farmers across the Great Plains are confronting an intense drought that threatens winter wheat harvests and is pushing cattle producers toward costly feed purchases, prompting some to abandon plans to expand their herds. The dryness is expected to persist through …
Berkshire Selects Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ Reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to …
Rhode Island Approves 2.5% Workers’ Compensation Decrease
Rhode Island’s regulator has approved a 2.5% average reduction in overall workers’ compensation loss costs. The reduction will take effect on August 1, 2026. More than 200 insurers write workers’ compensation coverage in the state. The rate change was proposed …
People: Sunstar Names New CEO, King Risk Adds Sales Leadership
Memphis-based Sunstar Insurance Group, an independent brokerage operating in nine states, announced Adam Meyerowitz as the new chief executive officer. He succeeds Casey Bowlin, who founded the firm in 2013 and will now move into the role of chairman. Meyerowitz …
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home
Less than a month after former NASCAR driver Greg Biffle and his family died in a plane crash last year, investigators say two of their “friends” conspired to break into the empty home and took cash, guns and financial information …
Progressive Insurance Helps First-Time Homebuyers With Down Payments
As many as 200 first-time homebuyers could receive down payment assistance up to $13,500 each thanks to Progressive Insurance. Progressive’s UpPayment program is available to first-time homebuyers purchasing a non-commercial, non-mobile residential property with intention of making it their permanent …
Young Europeans Turn to AI Chatbots for Emotional Support, Survey Shows
Nearly one in two young people in Europe have used AI chatbots to discuss intimate or personal matters, as the technology increasingly serves as a source of emotional support, an Ipsos BVA survey showed on Tuesday. Of the 3,800 people …
AI Firms Agree to Give US Early Access to Evaluate Their Models
Alphabet Inc.’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With …
New Zealand’s A2 Milk Recalls Batches of US Baby Formula After Toxin Found
New Zealand infant formula maker a2 Milk Co. is recalling batches of product sold in the US after detecting a toxin linked to vomiting and diarrhea, marking its first brush with a contamination scare that has rattled the global industry. …
Heat-Trapping Microplastics Found to Play Role in Climate Change
Microplastics in the atmosphere are heating the planet, magnifying climate change impacts, according to new research. Scientists in China and the US found that tiny, colored plastic particles absorb sunlight as winds blow them around the world, trapping heat and …
Insurer QBE Faces Investor Pressure Over Extreme Weather Risks
Australian Ethical Investment Ltd., a pension fund with about A$14 billion ($10 billion) under management, is pressuring QBE Insurance Group Ltd. over the potential threat extreme weather poses to future profitability. The fund, which holds about A$65 million of QBE …
Oil Tanker Pricing Feud Embroils Centuries-Old London Market
A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the …
Ships Cluster Further From Hormuz Strait as Iran Widens Grip
Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to widen its area of control. A weeks-long ceasefire between the US and Iran …
Middle East Truce in Doubt as US and Iran Launch New Attacks for Control of Hormuz
A fragile truce in the Middle East was under strain on Tuesday after the U.S. and Iran exchanged fire in the Gulf as they wrestled for control of the Strait of Hormuz. Iran’s parliament speaker, Mohammad Baqer Qalibaf, said in …
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law
Did you hear that Florida’s 55-year-old “no-fault” auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent websites and postings by Florida plaintiffs’ law firms and …
Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Suscribirse a Fuente de noticias Insurance Journal
Comunicados de prensa más recientes
Islas Caimán, 31 de octubre de 2025. El CCRIF SPC anunció que hará un pago de US$70 millones al Gobierno de Jamaica tras el paso del huracán Melissa. Es el mayor pago único en la historia del CCRIF y una poderosa demostración del modelo de seguro paramétrico de la organización.
Gran Caimán, 18 de diciembre de 2024.
