News Archives - Insurance Journal

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27 04, 2026

Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows

By | April 27th, 2026|Uncategorized|Comments Off on Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows

At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …

27 04, 2026

King Bars Policy Cancellations in Georgia Counties as Fires Spread from Helene Debris

By | April 27th, 2026|Uncategorized|Comments Off on King Bars Policy Cancellations in Georgia Counties as Fires Spread from Helene Debris

Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …

27 04, 2026

AIG Completes CEO Succession Plan With Anderson to Takes Reins

By | April 27th, 2026|Uncategorized|Comments Off on AIG Completes CEO Succession Plan With Anderson to Takes Reins

American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …

27 04, 2026

Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot

By | April 27th, 2026|Uncategorized|Comments Off on Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot

A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, leaving many to wonder how often raised trucks’ blind spots result in accidents and insurance claims. The woman in Lake …

27 04, 2026

Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown

By | April 27th, 2026|Uncategorized|Comments Off on Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown

A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …

26 04, 2026

Maine Governor Blocks First State Freeze on New Data Centers

By | April 26th, 2026|Uncategorized|Comments Off on Maine Governor Blocks First State Freeze on New Data Centers

The Democratic governor of Maine, Janet Mills, on Friday vetoed a bill that would have made it the first U.S. state to impose a moratorium on large new data centers, even as local opposition to the electricity-hungry facilities grows. The …

27 04, 2026

People Moves: Alliant Appoints Cusack as President, Alliant Property & Casualty

By | April 27th, 2026|Uncategorized|Comments Off on People Moves: Alliant Appoints Cusack as President, Alliant Property & Casualty

Alliant Insurance Services named Michael J. Cusack president of Alliant Property & Casualty. Cusack previously served as head of Alliant Specialty, responsible for overseeing 16 industry verticals and expanding Alliant’s specialty business across the U.S. Cusack has more than 35 …

27 04, 2026

Water to Surge into Drought-Depleted Lake Powell But at Costs Elsewhere

By | April 27th, 2026|Uncategorized|Comments Off on Water to Surge into Drought-Depleted Lake Powell But at Costs Elsewhere

Canyons in eastern Utah will churn this spring with huge volumes of water—as much as 50,000 toilets flushing constantly at the same time—in a desperate attempt to maintain electricity generation for thousands of homes across much of the Western U.S. …

27 04, 2026

CFTC Sues New York to Block Oversight of Prediction Markets

By | April 27th, 2026|Uncategorized|Comments Off on CFTC Sues New York to Block Oversight of Prediction Markets

The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O of promoting gambling. In a complaint …

27 04, 2026

Tornado Tears Through Oklahoma Town, Damaging 40 Homes

By | April 27th, 2026|Uncategorized|Comments Off on Tornado Tears Through Oklahoma Town, Damaging 40 Homes

Raeann Hunt scrambled to her cellar as a tornado bore down on her Oklahoma community. “It is headed right for us,” she recalled thinking, as she peeked outside, unable to contain her curiosity. Huddled inside the dark 8-by-8 foot (2.44-by-2.44 …