News Archives - Insurance Journal

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6 05, 2026

SEC Rule to End Biden-Era Climate Policy Sent to White House

By | May 6th, 2026|Uncategorized|Comments Off on SEC Rule to End Biden-Era Climate Policy Sent to White House

The White House is reviewing a proposal from the Securities and Exchange Commission to formally end Biden-era climate disclosure rules for publicly-traded companies. The regulator sent the measure to the White House’s Office of Management and Budget for review on …

6 05, 2026

People Moves: NCDOI Names Price Deputy Commissioner Over Company Services

By | May 6th, 2026|Uncategorized|Comments Off on People Moves: NCDOI Names Price Deputy Commissioner Over Company Services

North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before …

6 05, 2026

Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix

By | May 6th, 2026|Uncategorized|Comments Off on Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix

Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for a software inspection and potential update to fix a malfunction in the instrument cluster. The recall includes the Polo, Virtus, …

6 05, 2026

Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts

By | May 6th, 2026|Uncategorized|Comments Off on Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts

Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to file class action lawsuits in state courts — a shift advocates say would expand access to justice, but one that …

6 05, 2026

Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case

By | May 6th, 2026|Uncategorized|Comments Off on Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case

Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company. An Elon Musk revocable trust would …

6 05, 2026

Business Moves: Howden Acquires Cyber Analytics Firm Cybeta

By | May 6th, 2026|Uncategorized|Comments Off on Business Moves: Howden Acquires Cyber Analytics Firm Cybeta

Howden announced it has acquired the intellectual property assets of Cybeta, LLC, a cyber data and analytics provider. Terms of the deal were not disclosed. Howden said the acquisition enables the brokerage to provide clients with faster, more precise insight …

8 05, 2026

Fertilizer Firms See Profit Windfall as War Upends Supplies

By | May 8th, 2026|Uncategorized|Comments Off on Fertilizer Firms See Profit Windfall as War Upends Supplies

Fertilizer makers are seeing a windfall from Iran’s war, highlighting the impact of the conflict’s upheaval on supply chains for the key crop nutrients. CF Industries Holdings Inc. and Nutrien Ltd. each reported nearly 20% jumps in sales for the …

6 05, 2026

Texas Mutual Board Approves $300M Dividend Distribution

By | May 6th, 2026|Uncategorized|Comments Off on Texas Mutual Board Approves $300M Dividend Distribution

Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced that its board of directors has approved a $300 million general dividend distribution for 2026. This marks the 28th consecutive year Texas Mutual has paid a general …

6 05, 2026

Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW

By | May 6th, 2026|Uncategorized|Comments Off on Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW

Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding expectations, according to WTW’s Specialty Insurance Marketplace Survey (SIMS). Data from the January 1 renewals and new business point to …

6 05, 2026

Crew Rescued After Cargo Ship Sinks Off Greece, Coast Guard Says

By | May 6th, 2026|Uncategorized|Comments Off on Crew Rescued After Cargo Ship Sinks Off Greece, Coast Guard Says

Greece has rescued all nine crew members, eight Turkish and one Azerbaijani, of a cargo ship that hit rocks and sank off the island of Andros early on Wednesday, a Greek coast guard official said. The Vanuatu-flagged freighter had left …