News Archives - Insurance Journal

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27 08, 2025

How Climate Variability Threatens Corn Growers

By | August 27th, 2025|Uncategorized|Comments Off on How Climate Variability Threatens Corn Growers

Robb Rynd and his brother grew up farming and wanted to do more of it outside their day jobs, so they went in together on what’s now a little over 200 acres of corn, soybeans, wheat and sorghum. Last year …

28 08, 2025

International Coalition Calls Out Three Chinese Companies Over Hacking Campaign

By | August 28th, 2025|Uncategorized|Comments Off on International Coalition Calls Out Three Chinese Companies Over Hacking Campaign

An unusually broad coalition composed of the United States, its traditional English-speaking allies, and other nations including Germany, Italy and Japan is calling out three Chinese companies over alleged hacking activity. In a 37-page advisory published on Wednesday, the countries …

28 08, 2025

EU Considers Secondary Sanctions to Hit Russia’s War Effort

By | August 28th, 2025|Uncategorized|Comments Off on EU Considers Secondary Sanctions to Hit Russia’s War Effort

The European Union is mulling introducing secondary sanctions in an effort to prevent third countries from helping Russia circumvent the bloc’s existing punitive measures against Moscow, according to people familiar with the matter. The EU is working on a 19th …

28 08, 2025

Man Staged Theft of His Own Vehicle for Insurance Money

By | August 28th, 2025|Uncategorized|Comments Off on Man Staged Theft of His Own Vehicle for Insurance Money

A New York man admitted he staged the theft of his own car in order to collect on his insurance funds Jonathan D. Martinelli pled guilty in May to a charge of third-degree insurance fraud in Union County Superior Court …

28 08, 2025

Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying A Legal Grey Zone

By | August 28th, 2025|Uncategorized|Comments Off on Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying A Legal Grey Zone

The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the state—particularly in high-risk zones—surplus lines insurers are increasingly stepping in to write residential property insurance. As previously reported in Insurance …

28 08, 2025

Lottery for Louisiana Fortify Homes Program Grants Opening in State’s Coastal Zone

By | August 28th, 2025|Uncategorized|Comments Off on Lottery for Louisiana Fortify Homes Program Grants Opening in State’s Coastal Zone

Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Tuesday, Sept. 2, and close at 5 p.m. on Friday, Sept. 12. According to a press release, 500 grants are available in …

28 08, 2025

Highstreet Joins Cornhuskers in Three-Year Food Bank Partnership

By | August 28th, 2025|Uncategorized|Comments Off on Highstreet Joins Cornhuskers in Three-Year Food Bank Partnership

Highstreet Insurance & Financial Services has announced a three-year partnership with the University of Nebraska that supports the school’s football, volleyball and basketball teams. The full-service independent insurance agency has offices across Nebraska and the United States. “Highstreet is thrilled …

28 08, 2025

Katrina 2005-2025: Lessons Learned

By | August 28th, 2025|Uncategorized|Comments Off on Katrina 2005-2025: Lessons Learned

Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died …

28 08, 2025

WV Commissioner Wants Input on What Coverages Should Be on Surplus Lines List

By | August 28th, 2025|Uncategorized|Comments Off on WV Commissioner Wants Input on What Coverages Should Be on Surplus Lines List

The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of coverage that …

28 08, 2025

Viewpoint: Why Reinsurance Industry Often Struggles to Manage Market Cycles

By | August 28th, 2025|Uncategorized|Comments Off on Viewpoint: Why Reinsurance Industry Often Struggles to Manage Market Cycles

“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance industry over the past two years, and you will struggle to find anyone in the market who would disagree with that idea. The reality, …