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 …

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 …

Inszone Insurance Services announced its acquisition of Jaffery Insurance & Financial Services, an independent insurance agency based in Omaha, Nebraska. This acquisition marks Inszone’s entrance into the Nebraska market and strengthens the company’s growing presence in the Midwest. Founded in …

WalkerHughes Insurance announced its continued expansion in Missouri with the acquisition of Hometown Insurance Agency LLC, located in Independence, Missouri. This partnership marks WalkerHughes’ entry into the Kansas City metropolitan area. Hometown Insurance Agency has established a reputation for personal …

Insurance Journal’s Risky Future series is hosting the “AI Tools for MGAs” Demo Day, a series of free AI tool demonstrations designed exclusively for managing general agencies. The latest online event offers MGAs an opportunity to evaluate innovative and practical …

In 2019 Florida lawmakers, after a hard-fought legislative effort, provided benefits—outside the workers’ compensation system—for firefighters diagnosed with any of 21 types of cancer. On Monday, the Florida House of Representatives gave final passage to Senate Bill 984, which would …

Marsh said Nick Studer will become president and CEO of Marsh Risk, succeeding Martin South, who will become chief client officer of Marsh and work closely with the leaders of the company’s businesses. Studer has been the CEO of Marsh’s …

Aon plc said it promoted Anne Corona to North America CEO. She takes over for Lori Goltermann, who was elevated to the role of vice chair of Aon. The roles will begin March 31. Corona has had a 25-year career …

A high school teacher in Gainesville, Georgia, was killed Friday when a group of students, engaged in “rolling” his yard with toilet paper, accidentally ran over the man. News sites reported that Jason Hughes, 40, knew the traditional prank was …

Risk Theory, a specialty insurance platform, announced it has completed the acquisition of Roundhill Express, a specialized managing general agent (MGA) underwriting commercial habitational properties throughout New York City. Roundhill Express operates in New York City’s commercial habitational market through …

Global professional services firm Aon announced the first known stablecoin insurance premium payment among major global brokers. The proof of concept was backed by using trusted U.S. dollar-backed stablecoins, expanding digital asset insurance capabilities for clients, and supporting more efficient …

Specialty insurer Beazley said it has reached an agreement to acquire kWh Analytics. Terms of the deal were not disclosed. kWh Analytics, a managing general agency, combines data with advanced analytics to deliver insurance and risk management solutions for clean …

Policymakers around the world are readying measures to absorb surging energy and commodities prices triggered by the Middle East war that now threaten the global economy with its biggest shock since the pandemic. What were cast as dire scenarios when …

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc. to step in and …

Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S. and Israeli attacks continue, prompting President Donald Trump to say the U.S. would hit Iran much harder if it blocked …

At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more …

A new regulation requires Louisiana insurers to provide premium discounts to residential properties that obtain a Fortified designation in accordance with standards put forth by the Insurance Institute for Business and Home Safety (IBHS). Fortified homes in the central and …

An Indiana church seeking payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag. A federal appeals court ruled last week that Church Mutual does not owe replacement-level coverage …

A Wisconsin man who allegedly told police he tried to set fire to a Republican congressman’s office last year because he was angry that the lawmaker backed a bill requiring TikTok’s Chinese owner to sell off its U.S. operations was …

Excitement about adopting artificial intelligence technology is palpable in the insurance industry, but the reality is that while most carriers use artificial intelligence technology, few use AI at more than a small scale— and the vast majority of adjusters say …