News Archives - Insurance Journal

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12 05, 2025

Newark Plane Traffic Slowed Again Due to Telecoms Issue, FAA Says

By | May 12th, 2025|Uncategorized|Comments Off on Newark Plane Traffic Slowed Again Due to Telecoms Issue, FAA Says

The Federal Aviation Administration was forced to briefly slow arriving and departing planes at New Jersey’s Newark Liberty International Airport on Sunday because of a new telecommunications issue, the agency said. The Philadelphia Terminal Radar Approach Control suffered a new …

12 05, 2025

Labor Market Stays Resilient, but Workers Less Productive in Q1

By | May 12th, 2025|Uncategorized|Comments Off on Labor Market Stays Resilient, but Workers Less Productive in Q1

The number of Americans filing new applications for unemployment benefits fell sharply as the spring break-related boost from the prior week faded, suggesting the labor market continued to chug along, though risks are mounting from tariffs. Employers are hoarding workers …

12 05, 2025

Tesla Driver Charged in California Attacks Arrested Again for Road Rage in Hawaii

By | May 12th, 2025|Uncategorized|Comments Off on Tesla Driver Charged in California Attacks Arrested Again for Road Rage in Hawaii

A Tesla driver charged with attacking motorists’ vehicles with a pipe in the Los Angeles area has been arrested again for allegedly assaulting two women during a road rage incident in Honolulu. The recent arrest comes less than a year …

12 05, 2025

Drug Companies Paying Hawaii $700 Million to Settle Plavix Blood Thinner Suit

By | May 12th, 2025|Uncategorized|Comments Off on Drug Companies Paying Hawaii $700 Million to Settle Plavix Blood Thinner Suit

Pharmaceutical companies have agreed to pay Hawaii $700 million to settle its lawsuit over the efficacy and safety of the blood thinner Plavix, the state attorney general’s office announced. A court ruling last year ordered Bristol Myers Squibb Company and …

12 05, 2025

Tornadoes, Winds, Rain Hit Florida Panhandle and Parts of Alabama

By | May 12th, 2025|Uncategorized|Comments Off on Tornadoes, Winds, Rain Hit Florida Panhandle and Parts of Alabama

Tornadoes, strong winds and flash flooding hit parts of north Florida and Alabama over the weekend, damaging dozens of homes and commercial and farm structures, weather and local news sites reported. In the Florida Panhandle, tornadoes ripped roofs from homes …

12 05, 2025

Markets/Coverages: Markel Launches Clinical Trials Cover to Support Research Globally

By | May 12th, 2025|Uncategorized|Comments Off on Markets/Coverages: Markel Launches Clinical Trials Cover to Support Research Globally

Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its clinical trials insurance product. Markel said the product underscores its commitment to providing best-in-class solutions to support clinical trials research and product development on an international …

12 05, 2025

Cyber Insurer Coalition: Costs From Business Email Compromise Rise in 2024

By | May 12th, 2025|Uncategorized|Comments Off on Cyber Insurer Coalition: Costs From Business Email Compromise Rise in 2024

About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud. According to it’s “2025 Cyber Claims Report,” Coalition said claims severity involving business email compromise (BEC) increased …

12 05, 2025

Hub to Get $1.6B Minority Investment, Valuing Company at $29B

By | May 12th, 2025|Uncategorized|Comments Off on Hub to Get $1.6B Minority Investment, Valuing Company at $29B

Hub International Limited said the brokerage entered into a definitive agreement on an investment of about $1.6 billion from several firms. Hub said the investment, valuing the Chicago-based company at $29 billion, is being led by accounts advised by T. …

12 05, 2025

Chinese Exporters Elated by Reprieve in US-China Trade War

By | May 12th, 2025|Uncategorized|Comments Off on Chinese Exporters Elated by Reprieve in US-China Trade War

The US-China deal temporarily lowering tariffs comes as a relief for Chinese exporters in limbo since the onset of a trade war between the world’s two largest economies. The Trump administration’s 145% duties on most Chinese imports will be cut …

12 05, 2025

Markets/Coverages: QBE Starts New Commercial Property Product for Large Companies

By | May 12th, 2025|Uncategorized|Comments Off on Markets/Coverages: QBE Starts New Commercial Property Product for Large Companies

QBE North America today announced the launch of its new commercial property product, providing custom solutions for comprehensive coverage to large companies across the United States. Combining deep, industry-leading expertise with a commitment to customer service excellence, the new commercial …