Insurance Journal RSS feed

Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered. U.S. …

Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor confidence and deepen economic integration with Europe, its central bank governor said. The European Union launched formal talks …

Insurance leaders say today’s risk environment is creating challenges that are more difficult to predict than ever before. This is leading insurers to rethink how they assess risk and make the right decisions without sacrificing speed and efficiency. “Risk is …

Gallagher is expanding its US retail brokerage capabilities with the appointment of three new practice leaders. Evan Hessel, managing director, casualty, joined Gallagher as part of the Woodruff Sawyer acquisition in 2025. He has extensive experience in developing risk financing …

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. …

More than a decade after announcing plans for a large real estate development in Miami’s Little Haiti neighborhood, technology investor Bob Zangrillo is reviving the project, now pitching it as a home for the city’s growing roster of AI companies. …

A high-ranking Mississippi Insurance Department official has been placed on leave after allegations that he and his wife diverted more than $90 million from a credit union that is now in receivership. Chad Bridges, director of financial and market regulation …

CVS is paying $36.5 million for submitting false claims to the Medi-Cal program for excessive dispensing of insulin pens. A settlement pursued by California Attorney General Rob Bonta in collaboration with the United States Department of Justice with CVS Pharmacy, …

Any advertisements in New York that feature artificial intelligence-generated people in place of actors will now be violating state law if they don’t clearly label that they have used a “synthetic performer.” The law, signed in December by Gov. Kathy …

A county with one of the highest volumes of insurance fraud cases in Washington has filed its first changes under a new agreement with the state’s insurance regulator. The Pierce County Prosecuting Attorney’s Office filed insurance fraud charges in Pierce …

Missouri Attorney General Catherine Hanaway has filed a lawsuit against Lorex Corporation, a major seller of home cameras and baby monitors. The lawsuit alleges Lorex has concealed material ties to the Chinese military via its manufacturer, Dahua, putting families at …

A former engineer at Elon Musk’s xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity. Devin …

The Florida Department of Agriculture and Consumer Services Pets has barred pets rescued from shelters in Texas and New Mexico in a beefed-up effort to stop the spread of the New World Screwworm pest that infests livestock. “We will respond …

The Louisiana State Senate confirmed four of Insurance Commissioner Tim Temple’s key senior staff appointments to their positions during the 2026 Legislative Session. Whitney Greene, who joined the department on March 23, was confirmed as Executive Counsel, where she serves …

Residents in tornado-ravaged areas in Illinois and Indiana were grappling with the damage to their homes and neighborhoods on Friday, after the strong line of storms barreled through communities south of Chicago and left trails of destruction. Cleanup efforts were …

Louisiana and Texas, including Houston, will get hit with flooding rains for the next few days as a potential tropical storm tries to spin up across the western Gulf. There is a moderate level 3 risk of heavy rainfall across …

Reality TV stars Todd and Julie Chrisley are accusing one of their former defense attorneys of legal malpractice that they say led them to be convicted and imprisoned, separating them from each other and their family, ruining their reputations and …

The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people’s safety through sales of firearms and ammunition. The justices declined to …

Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …

Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk …