News Archives - Insurance Journal

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27 04, 2026

South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement

By | April 27th, 2026|Uncategorized|Comments Off on South Carolina Senate Votes to Suspend $1M Liquor Liability Insurance Requirement

Eight years after South Carolina lawmakers forced a $1 million liquor liability insurance requirement on bars and restaurants, and one year after they tweaked the law with conditional coverage requirements, the state Senate is trying again. Senators voted last week …

27 04, 2026

Commercial Lines Rates Continue to Soften, Says Ivans Index

By | April 27th, 2026|Uncategorized|Comments Off on Commercial Lines Rates Continue to Soften, Says Ivans Index

Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. “Q1 sets an important baseline for 2026, with commercial rates continuing to soften as the …

27 04, 2026

NFL’s Rooney Rule Meets Biggest Challenge in Trump’s DEI Crackdown

By | April 27th, 2026|Uncategorized|Comments Off on NFL’s Rooney Rule Meets Biggest Challenge in Trump’s DEI Crackdown

The most-recognizable diversity policy in sports is facing the biggest challenge in its history. Florida Attorney General James Uthmeier, who has been endorsed by President Donald Trump, is calling for the end of the National Football League’s Rooney Rule, a …

27 04, 2026

Michigan Cleared in Lawsuit Over 2020 Dam Collapse

By | April 27th, 2026|Uncategorized|Comments Off on Michigan Cleared in Lawsuit Over 2020 Dam Collapse

The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …

24 04, 2026

US Plans to Speed Insurance Coverage for Medical Devices

By | April 24th, 2026|Uncategorized|Comments Off on US Plans to Speed Insurance Coverage for Medical Devices

Breakthrough medical devices will get faster insurance coverage in the US under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers for Medicare and …

24 04, 2026

NHTSA: Recent Auto Recalls From Jaguar, Ford

By | April 24th, 2026|Uncategorized|Comments Off on NHTSA: Recent Auto Recalls From Jaguar, Ford

Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on April 23. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, …

24 04, 2026

UK Health Data Listed for Sale on China’s Alibaba After Breach

By | April 24th, 2026|Uncategorized|Comments Off on UK Health Data Listed for Sale on China’s Alibaba After Breach

Health records from 500,000 people who are participating in British research into aging and diseases were made available for sale on an Alibaba Group Holding Ltd. website. Database owner UK Biobank notified the UK government on Monday that the data …

24 04, 2026

Iran Fast-Boat Swarms Add to Hormuz Threats for Shipping

By | April 24th, 2026|Uncategorized|Comments Off on Iran Fast-Boat Swarms Add to Hormuz Threats for Shipping

Iran’s use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world’s most …

24 04, 2026

UniCredit Raises Stake in Generali After Earlier Signaling Cut

By | April 24th, 2026|Uncategorized|Comments Off on UniCredit Raises Stake in Generali After Earlier Signaling Cut

UniCredit SpA boosted its stake in Assicurazioni Generali SpA to 8.7%, despite earlier indications that it planned to trim the holding. The bank is the insurer third-largest shareholder of Generali, according to a statement of the Trieste-based insurer detailing the …

24 04, 2026

UK Financial Sector Prepared for Mythos and Others, Says BoE Co-Chaired Group

By | April 24th, 2026|Uncategorized|Comments Off on UK Financial Sector Prepared for Mythos and Others, Says BoE Co-Chaired Group

The Bank of England and other financial services representatives on Wednesday said the sector was prepared for developments around Anthropic’s Mythos artificial intelligence model and other emerging frontier AI models. Mythos is viewed by cybersecurity experts as posing significant challenges …