News Archives - Insurance Journal

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12 12, 2025

Climate Change Supercharged Deadly Asia Floods, Study Finds

By | December 12th, 2025|Uncategorized|Comments Off on Climate Change Supercharged Deadly Asia Floods, Study Finds

Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research. A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least …

12 12, 2025

US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say

By | December 12th, 2025|Uncategorized|Comments Off on US Preparing to Seize More Tankers off Venezuela’s Coast After First Ship, Sources Say

The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was …

12 12, 2025

Floods, Falling Rocks Force Closure of Major Highways to Vancouver

By | December 12th, 2025|Uncategorized|Comments Off on Floods, Falling Rocks Force Closure of Major Highways to Vancouver

Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday. “This situation is evolving and very dynamic,” said the transport ministry …

12 12, 2025

Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry Finds

By | December 12th, 2025|Uncategorized|Comments Off on Lapses Gave Louvre Thieves Crucial 30-Second Advantage Against Police, Inquiry Finds

The burglars who robbed Paris’s Louvre museum benefited from 30 seconds of security lapses that helped ensure their getaway with France’s still-missing crown jewels, an inquiry from France’s culture ministry into the spectacular heist showed on Wednesday. Four burglars made …

12 12, 2025

Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat

By | December 12th, 2025|Uncategorized|Comments Off on Reddit Sues Australia Over Social Media Ban, Citing Free Speech Threat

Message board website Reddit on Friday filed a lawsuit in Australia’s highest court seeking to overturn the country’s social media ban for children, calling it an intrusion on free political discourse and setting the stage for a protracted legal battle. …

12 12, 2025

People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS Taps LSM’s Edwards as Head of Delegated Strategy, Global Mkts

By | December 12th, 2025|Uncategorized|Comments Off on People Moves: DUAL Europe Names Berhault and Benajiba to Lead Europe Transactional Liability; AXIS Taps LSM’s Edwards as Head of Delegated Strategy, Global Mkts

This edition of International People Moves details appointments at the MGA DUAL Europe and AXIS Capital Holdings. A summary of these new hires follows here. DUAL Europe Names Berhault and Benajiba to Lead European Transactional Liability Team DUAL Europe, the …

12 12, 2025

Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans

By | December 12th, 2025|Uncategorized|Comments Off on Apollo Sees Echoes of Collapse of SVB in US Insurance’s Shift to Caymans

Apollo Global Management Inc. compared the potential risks of some US insurers moving to the Cayman Islands with the swift collapse of Silicon Valley Bank, which triggered a crisis among regional lenders. The British overseas territory is the “home of …

12 12, 2025

Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration

By | December 12th, 2025|Uncategorized|Comments Off on Viewpoint: Legal Finance and Insurance – From Confusion to Collaboration

We knew we were important to the insurance industry—but we didn’t understand why. Legal finance has become a lightning rod in insurance industry conversations about social inflation and claims costs, yet the substance of what we do remains widely misunderstood. …

12 12, 2025

Trump Signs Order Seeking to Limit State-Level AI Regulation

By | December 12th, 2025|Uncategorized|Comments Off on Trump Signs Order Seeking to Limit State-Level AI Regulation

President Donald Trump signed an order aimed at thwarting state-level regulation of artificial intelligence through lawsuits and funding cuts, handing a win to tech industry leaders who’ve pressed for preemption of local rules. Trump said the measure was necessary to …

12 12, 2025

Connecticut Builder Charged With Being Workers’ Compensation Scofflaw

By | December 12th, 2025|Uncategorized|Comments Off on Connecticut Builder Charged With Being Workers’ Compensation Scofflaw

The owner of a Connecticut construction firm has been arrested and charged with failing to provide the required workers’ compensation insurance coverage for employees as required by law. According to the state’s Division of Criminal Justice, Lou Milardo, , the …