News Archives - Insurance Journal

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14 09, 2026

Record Diesel Prices Come at a Bad Time for U.S. Farmers

By | September 14th, 2026|Uncategorized|Comments Off on Record Diesel Prices Come at a Bad Time for U.S. Farmers

The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough …

14 09, 2026

Brown & Riding Launches Agribusiness Practice

By | September 14th, 2026|Uncategorized|Comments Off on Brown & Riding Launches Agribusiness Practice

Brown & Riding announced the launch of its new national Agribusiness Practice, a specialty practice area delivering comprehensive insurance solutions for the entire agricultural supply chain. The practice is led by David Chipp, and supported by a team of product …

14 09, 2026

World Insurance Associates Acquires Texas’ Cubriel

By | September 14th, 2026|Uncategorized|Comments Off on World Insurance Associates Acquires Texas’ Cubriel

World Insurance Associates announced that it acquired the business of Cubriel Insurance Agency of Laredo, Texas on June 1, 2026. Terms of the transaction were not disclosed. Cubriel is a P&C agency with a business mix of commercial lines and …

14 09, 2026

Global Market AI Momentum Showing Signs of Vulnerability, BIS Says

By | September 14th, 2026|Uncategorized|Comments Off on Global Market AI Momentum Showing Signs of Vulnerability, BIS Says

The AI-linked rally that has seen world stock markets soar over the last two years is showing growing signs of vulnerability, global central bank umbrella body, the Bank for International Settlements, said on Monday. In a new report, the BIS …

14 09, 2026

Copart to Buy ACV Auctions in $1.9 Billion Deal

By | September 14th, 2026|Uncategorized|Comments Off on Copart to Buy ACV Auctions in $1.9 Billion Deal

Online vehicle auctioneer Copart last Thursday agreed to acquire peer ACV Auctions in an all-cash deal of about $1.9 billion, marking its entry into dealer-to-dealer wholesale remarketing. The acquisition comes as Copart seeks to expand beyond its core auction business …

14 09, 2026

People Moves: Meskell Joins Keystone From Baldwin as National Brokerage Leader

By | September 14th, 2026|Uncategorized|Comments Off on People Moves: Meskell Joins Keystone From Baldwin as National Brokerage Leader

Insurance broker network Keystone, headquartered in Mechanicsburg, Pennsylvania, appointed Kevin Meskell as national brokerage leader. Meskell will lead Keystone’s national brokerage strategy — deepening the company’s carrier relationships and strengthening the placement capabilities behind every Keystone agency and platform partner. …

14 09, 2026

Mizuho $100M Credit to Radiant World Secured by Allegedly Invalid Invoices: Documents

By | September 14th, 2026|Uncategorized|Comments Off on Mizuho $100M Credit to Radiant World Secured by Allegedly Invalid Invoices: Documents

Mizuho Bank provided some $100 million in credit to Radiant World in June which was secured by invoices that a counterparty to the iron ore trader later said were invalid, according to documents and a source with direct knowledge of …

14 09, 2026

Warren Presses Insurance Watchdogs for Answers on Wall Street Influence

By | September 14th, 2026|Uncategorized|Comments Off on Warren Presses Insurance Watchdogs for Answers on Wall Street Influence

US Senator Elizabeth Warren is pressing the National Association of Insurance Commissioners to explain how it’s policing Wall Street firms’ influence over insurers and their bets on private credit, saying a probe of Mark Walter’s businesses raises questions about regulatory …

14 09, 2026

Bamboo Insurance in Utah Targets $3.24 Billion Valuation in IPO

By | September 14th, 2026|Uncategorized|Comments Off on Bamboo Insurance in Utah Targets $3.24 Billion Valuation in IPO

CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.24 billion on a fully diluted basis in its U.S. initial public offering, the company revealed in a filing on Monday. The Midvale, Utah-based company’s selling shareholders are seeking …

14 09, 2026

Lawmakers Call on Government to Blacklist Three Indian Hack-for-Hire Firms

By | September 14th, 2026|Uncategorized|Comments Off on Lawmakers Call on Government to Blacklist Three Indian Hack-for-Hire Firms

Three U.S. lawmakers have called on the American government to blacklist a set of Indian IT firms over what they describe as “more than fifteen years of targeted espionage against U.S. citizens, businesses, and the lawyers representing them.” In a …