News Archives - Insurance Journal

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19 06, 2026

Dali Engineer Reaches Deferred Prosecution Deal Over 2024 Key Bridge Collapse

By | June 19th, 2026|Uncategorized|Comments Off on Dali Engineer Reaches Deferred Prosecution Deal Over 2024 Key Bridge Collapse

The chief engineer of the cargo ship Dali that destroyed Baltimore’s Francis Scott Key Bridge in a March 2024 collision that killed six construction workers reached a deferred prosecution agreement, the government said on Thursday. The Justice Department said Karthikeyan …

19 06, 2026

Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise

By | June 19th, 2026|Uncategorized|Comments Off on Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise

President Donald Trump this week credited his tough immigration policies for a drop in car insurance premiums, falsely blaming illegal immigration during his predecessor’s time in the White House for a prior increase. In a Monday post on Truth Social, …

19 06, 2026

People Moves: HDI Global US Appoints Salmon Head of Cyber Underwriting; AXA XL Names Giordano Global Chief Underwriting Officer

By | June 19th, 2026|Uncategorized|Comments Off on People Moves: HDI Global US Appoints Salmon Head of Cyber Underwriting; AXA XL Names Giordano Global Chief Underwriting Officer

HDI Global US Appoints Salmon as Head of Cyber Underwriting Corporate and specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Jill Salmon as head of cyber underwriting at HDI Global U.S. Salmon will play a key part in …

19 06, 2026

People Moves: Donegal & Michigan Insurance Promotes Faber to Regional VP as Veenstra Retires

By | June 19th, 2026|Uncategorized|Comments Off on People Moves: Donegal & Michigan Insurance Promotes Faber to Regional VP as Veenstra Retires

Donegal Insurance Group, headquartered in Marietta, Pennsylvania, and its member company, Michigan Insurance Company, promoted Rob Faber to regional vice president of the group’s Greater Midwest region. Faber succeeds Melissa Veenstra, who will retire on July 2. Faber joined the …

19 06, 2026

APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions

By | June 19th, 2026|Uncategorized|Comments Off on APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions

A Michigan Senate Committee this week advanced a bill that would mandate auto insurance premium reductions of at least 10% without reduced benefits, Sen. Jeff Irwin (D-Ann Arbor) authored SB 328, which he says will lower car insurance premiums for …

19 06, 2026

Texas State Fire Marshal’s Office Probes Deadly Residential Fire in Odessa

By | June 19th, 2026|Uncategorized|Comments Off on Texas State Fire Marshal’s Office Probes Deadly Residential Fire in Odessa

The Texas State Fire Marshal’s Office (SFMO) said it is investigating a residential fire in Odessa that resulted in the death of one firefighter and injured six others. Firefighters from Odessa Fire Rescue and West Odessa Volunteer Fire Department were …

19 06, 2026

Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration

By | June 19th, 2026|Uncategorized|Comments Off on Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration

There’s an increasingly narrow strip of New Orleans marshland that hardly anyone lives on, but without it, hundreds of thousands of people will face far greater risks from storms and floods. The area, commonly called the New Orleans Land Bridge, …

19 06, 2026

Space Startups Seek Insurance for Orbital AI Data Centers

By | June 19th, 2026|Uncategorized|Comments Off on Space Startups Seek Insurance for Orbital AI Data Centers

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin. The concept of data center satellites — designed …

19 06, 2026

US and Iran Delay Nuclear Talks as Lebanon Clashes Worsen

By | June 19th, 2026|Uncategorized|Comments Off on US and Iran Delay Nuclear Talks as Lebanon Clashes Worsen

The US and Iran have postponed the start of their negotiations over a permanent peace deal and restricting the Islamic Republic’s nuclear program.It’s uncertain why the talks, meant to be held in Switzerland on Friday, have been delayed, though Israel …

19 06, 2026

Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety

By | June 19th, 2026|Uncategorized|Comments Off on Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety

Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade. No tankers were seen moving …