News Archives - Insurance Journal

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22 01, 2026

Trump Backs Down on Greenland Tariff Threats, Rules Out Use of Force

By | January 22nd, 2026|Uncategorized|Comments Off on Trump Backs Down on Greenland Tariff Threats, Rules Out Use of Force

U.S. President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force and suggested a deal was in sight to end a dispute over the Danish territory …

22 01, 2026

People Moves: Crawford & Company Launches New Structure, Names Hoberman CEO of US Operations; Converge Appoints Altman CTO

By | January 22nd, 2026|Uncategorized|Comments Off on People Moves: Crawford & Company Launches New Structure, Names Hoberman CEO of US Operations; Converge Appoints Altman CTO

Crawford & Company Announces New Operating Divisions, Appoints Hoberman CEO of US Operations Crawford & Company, headquartered in Atlanta, has announced a new global operating structure. Effective Jan. 1, Crawford operates under two divisions – U.S. Operations and International Operations. …

22 01, 2026

Pennsylvania Blocked $227.9 Million in P/C Insurance Hikes in 2025, Says Regulator

By | January 22nd, 2026|Uncategorized|Comments Off on Pennsylvania Blocked $227.9 Million in P/C Insurance Hikes in 2025, Says Regulator

The Pennsylvania Insurance Department (PID) said it saved residents $227.9 million by blocking proposed property/casualty insurance premium increases from taking effect in 2025. Through the rate review process in 2025, PID reported that its review of rate filings saved consumers …

22 01, 2026

Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid

By | January 22nd, 2026|Uncategorized|Comments Off on Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid

Beazley Plc has rejected Zurich Insurance Group AG’s £7.7 billion ($10.3 billion) takeover approach, the latest twist in the Swiss giant’s attempt to acquire the UK specialty insurer. London-listed Beazley said its board has unanimously turned down Zurich’s latest cash …

22 01, 2026

Kentucky DOI Warns Agents to Be Careful Giving Investment Advice

By | January 22nd, 2026|Uncategorized|Comments Off on Kentucky DOI Warns Agents to Be Careful Giving Investment Advice

The Kentucky Department of Insurance is reminding insurance agents to be careful when advising clients on securities transactions. State law requires that investment advisors be registered with the state. And when an insurance agent advises a consumer to “sell, surrender, …

22 01, 2026

Texas Power Grid Faces Major Test From Season’s Biggest Storm

By | January 22nd, 2026|Uncategorized|Comments Off on Texas Power Grid Faces Major Test From Season’s Biggest Storm

A powerful winter storm descending on Texas on Friday will be one of the toughest tests of the state’s electric grid since the system collapsed during a deadly 2021 freeze. Ice is predicted for the Dallas area, the Panhandle is …

22 01, 2026

People Moves: Fagan Joins Brown & Riding’s National Property Practice

By | January 22nd, 2026|Uncategorized|Comments Off on People Moves: Fagan Joins Brown & Riding’s National Property Practice

Brown & Riding, headquartered in Dallas, Texas, hired Seth Fagan to its national property practice. Fagan has over 20 years of experience in the wholesale insurance space. He specializes in complex property risks, including, but not limited to, commercial real …

22 01, 2026

Forecasters Warn of ‘Potentially Catastrophic’ Storm Across the South

By | January 22nd, 2026|Uncategorized|Comments Off on Forecasters Warn of ‘Potentially Catastrophic’ Storm Across the South

With many Americans still recovering from multiple blasts of snow and unrelenting freezing temperatures in the nation’s northern tier, a new storm is set to emerge this weekend that could coat roads, trees and power lines with devastating ice across …

22 01, 2026

Markets/Coverages: AXA XL Launches Alternative Risk Solutions; Bouteille to Lead

By | January 22nd, 2026|Uncategorized|Comments Off on Markets/Coverages: AXA XL Launches Alternative Risk Solutions; Bouteille to Lead

AXA XL has launched a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé, current chief underwriting officer, specialty as its leader. The new team centralizes AXA XL’s alternative risk expertise to enhance its ability to quickly deliver innovative and …

22 01, 2026

Ga. Farm Bureau Promotes Willis, LIRG Names Roche Marketing Chief

By | January 22nd, 2026|Uncategorized|Comments Off on Ga. Farm Bureau Promotes Willis, LIRG Names Roche Marketing Chief

Georgia Farm Bureau announced that Gary Willis, who recently served as executive director of insurance operations, is the general manager for the bureau’s insurance corporation. Willis takes over for George Monk, who retired Jan. 2, GFB said in news release. …