News Archives - Insurance Journal

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1 04, 2026

US IPO Prospects in Limbo as War Dents Optimism Ahead of SpaceX

By | April 1st, 2026|Uncategorized|Comments Off on US IPO Prospects in Limbo as War Dents Optimism Ahead of SpaceX

The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX’s …

31 03, 2026

Moynihan Named CEO of Marsh Management Consulting and Oliver Wyman

By | March 31st, 2026|Uncategorized|Comments Off on Moynihan Named CEO of Marsh Management Consulting and Oliver Wyman

Marsh announced Ted Moynihan will become president and CEO of Marsh Management Consulting and Oliver Wyman, effective April 1. He will succeed Nick Studer, who earlier this month was appointed president and CEO of Marsh Risk. Moynihan will serve on …

1 04, 2026

California AG Bonta Says Sable Restart Won’t Lower Oil Prices

By | April 1st, 2026|Uncategorized|Comments Off on California AG Bonta Says Sable Restart Won’t Lower Oil Prices

The restart of some 50,000 barrels a day of oil production off the coast of California will have have “no impact” on oil prices, the state’s Attorney General said in an interview on Bloomberg Televison. Houston-based oil driller Sable Offshore …

1 04, 2026

Viewpoint: California’s Surplus Lines HO Market’s New Phase Driven by Access, Not Wildfire Risk

By | April 1st, 2026|Uncategorized|Comments Off on Viewpoint: California’s Surplus Lines HO Market’s New Phase Driven by Access, Not Wildfire Risk

It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …

1 04, 2026

Agency Customer Rep and Miami Businessman Killed in Separate Boat Accidents

By | April 1st, 2026|Uncategorized|Comments Off on Agency Customer Rep and Miami Businessman Killed in Separate Boat Accidents

Boating accidents in crowded Biscayne Bay near Miami have claimed the lives of two Floridians, including a Miami insurance agency customer representative and the CEO of a medical conference services firm. Multiple news sources reported that Davide Veglia, 55, of …

31 03, 2026

US Appeals Court Upholds Decision to Dismiss Boeing Criminal Case

By | March 31st, 2026|Uncategorized|Comments Off on US Appeals Court Upholds Decision to Dismiss Boeing Criminal Case

A U.S. appeals court on Tuesday upheld a ruling by a lower court to approve the Justice Department decision to dismiss a criminal case against Boeing, which allowed the planemaker to avoid prosecution on a charge stemming from two fatal …

31 03, 2026

District of Columbia AG Wins $530K, Seeks $600K More From Bad Drivers From Maryland and Virginia

By | March 31st, 2026|Uncategorized|Comments Off on District of Columbia AG Wins $530K, Seeks $600K More From Bad Drivers From Maryland and Virginia

District of Columbia Attorney General Brian L. Schwalb announced that the District has won judgments in nine lawsuits that will cost 14 drivers from Maryland and Virginia a total of $531,192 in unpaid fines, penalties and fees for traffic citations. …

31 03, 2026

People Moves: Galaviz Succeeds Patriot Growth Founder Gardner as CEO

By | March 31st, 2026|Uncategorized|Comments Off on People Moves: Galaviz Succeeds Patriot Growth Founder Gardner as CEO

Pennsylvania-based insurance brokerage Patriot Growth Insurance Services, LLC announced the appointment of John Galaviz as chief executive officer. Galaviz succeeds Matt Gardner, who founded Patriot Growth in 2019, as CEO. Gardner has left the company to pursue other opportunities, according …

1 04, 2026

Delaware Judge Accused of Bias Reassigns Musk Cases

By | April 1st, 2026|Uncategorized|Comments Off on Delaware Judge Accused of Bias Reassigns Musk Cases

The chief judge on Delaware’s corporate court said she will reassign three cases involving Elon Musk to avoid unnecessary media attention after the billionaire entrepreneur complained that her activity on social media had shown bias against him. Chancellor Kathaleen McCormick …

31 03, 2026

Arctic Sea Ice Hits Lowest Winter Level as Unprecedented Heat Smashes Global Records

By | March 31st, 2026|Uncategorized|Comments Off on Arctic Sea Ice Hits Lowest Winter Level as Unprecedented Heat Smashes Global Records

Vital Arctic sea ice shrank to tie its lowest measured level for the winter, the season when ice grows, as a warming Earth shattered records across the continents. Arctic sea ice levels, especially in the summer, are crucial to Earth’s …