Insurance Journal RSS feed

Michael Platt’s BlueCrest Capital Management said the UK is “no longer a serious contender” as a place to do business after the firm lost a £200 million ($265 million) UK Supreme Court ruling over how some of its senior traders …

A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington. More than 20 million barrels of Iranian crude have been idling in …

Whether artificial intelligence will cause mass workforce cuts over time remains up for debate, but it is starting to leave an imprint on US employment data. A decline in payrolls in the financial-activities and information sectors — where AI adoption …

Miller, an independent specialist (re)insurance broker headquartered in London, appointed Kim Plant as head of North American property. Plant joins Miller from Amwins, where he served as a director in its North American property division from 2020, where he formed …

The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. According to a media statement released by the insurer, TravelersLLM was trained on millions of …

A lawsuit brought by the former head of Marvel Entertainment made headlines around the country last November when it resulted in a $50 million jury verdict against Isaac Perlmutter’s wealthy Palm Beach neighbor and Federal Insurance Co. But it was …

A longtime claims manager for Auto-Owners Insurance Co. has been charged with defrauding the company of more than $43,000. Ian V. Eisnaugle, 41, of Hendersonville, North Carolina, was charged with insurance fraud and forgery in June after he reportedly submitted …

President Donald Trump may ask the US Supreme Court to reconsider its decision to turn away his appeal of a $5 million verdict against him in E. Jean Carroll’s sexual-abuse lawsuit, her lawyer said in a court filing asking for …

World Insurance Associates LLC reports it acquired the business of Still Creek Insurance of Rockville, Maryland on March 1, 2026. Still Creek Insurance offers auto, home, business, and life insurance. The agency is led by Steven Bender, Kevin Rowe, and …

DUAL North America launched a California Homeowners insurance product, expanding its U.S. personal lines offering. The product is written on an HO-3 form, backed by an A.M. Best ‘A’ rated carrier, and offers dwelling coverage limits of up to $5 …

A Washington farm labor contracting company faces nearly $700,000 in fines for labor violations. The Washington State Department of Labor & Industries cited Superbee Contracting LLC, of Moxee in Yakima County, with breaking six farmworker protection laws involving nearly 1,200 …

Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday will allow up to 350 cannabis shops to open across …

This edition of International People Moves details appointments at the insurers Everest Group and Tokio Marine Kiln (TMK). A summary of these new hires follows here. Everest Global Wholesale & Specialty Names 2 Key Leaders, Buonpane and Stewart Everest Group …

Zurich Insurance Group is launching a dedicated life science insurance offering from July 2026, expanding its established U.S. capabilities across key European markets: Belgium, Denmark, France, Italy, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom. Zurich explained that the …

The mayor of St. Petersburg, Florida, has accepted a $275 million bid to redevelop the Gas Plant District after the Tampa Bay Rays Major League Baseball team leaves Tropicana Field for new digs in Tampa. Florida news outlets reported that …

Miller’s Grill, Inc., a Washington, Missouri restaurant, will pay monetary damages to a former employee and provide other relief to settle a sexual harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. …

Miller’s Grill, Inc., a Washington, Missouri restaurant, will pay monetary damages to a former employee and provide other relief to settle a sexual harassment and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. …

The organizations that ended up in music licensing disputes almost never saw it coming. They were operating on assumptions that seemed reasonable at the time. The music was available in the app, so it must be cleared. They had been …

Amwins announced the acquisition of Jackson-Lloyd, a specialist MGA dedicated to occupational loss protection. Jackson-Lloyd will join Amwins Specialty Casualty Solutions (ASCS), an MGA and specialty insurance program creator, strengthening its growing accident + health portfolio with a program that …

Hilb Group announced that it has acquired a Louisiana-based property and casualty agency. Hilb did not specify the name of the acquired agency. The acquisition takes effect today and builds on the company’s growing presence in the Central region.