News Archives - Insurance Journal

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5 09, 2025

Smith to Replace Retiring Gunn as Deputy Commissioner at ALDOI

By | September 5th, 2025|Uncategorized|Comments Off on Smith to Replace Retiring Gunn as Deputy Commissioner at ALDOI

The Alabama Department of Insurance has promoted Dusty Smith to the role of deputy commissioner, replacing Jimmy Gunn, who is retiring after 36 years at the department. Smith, a former insurance agent, joined the department in 2011 and has served …

5 09, 2025

Ryan Specialty Launches New Sidecar To Support Its Delegated Underwriting

By | September 5th, 2025|Uncategorized|Comments Off on Ryan Specialty Launches New Sidecar To Support Its Delegated Underwriting

International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will deliver additional capacity to Ryan Specialty Underwriting Managers’ portfolio of syndicated delegated authority P/C insurance …

3 09, 2025

Wildfire Burns Through Historic California Gold Mining Town, Destroying Multiple Homes

By | September 3rd, 2025|Uncategorized|Comments Off on Wildfire Burns Through Historic California Gold Mining Town, Destroying Multiple Homes

A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Town and surrounding …

3 09, 2025

Success of AI Music Creators Sparks Debate on Future of Music Industry

By | September 3rd, 2025|Uncategorized|Comments Off on Success of AI Music Creators Sparks Debate on Future of Music Industry

When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …

3 09, 2025

Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed

By | September 3rd, 2025|Uncategorized|Comments Off on Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed

A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather than …

3 09, 2025

Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time

By | September 3rd, 2025|Uncategorized|Comments Off on Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time

St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the waters. With …

3 09, 2025

Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3

By | September 3rd, 2025|Uncategorized|Comments Off on Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3

One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …

3 09, 2025

Tropolis Completes Acquisitions of 8 Agencies in 3 States

By | September 3rd, 2025|Uncategorized|Comments Off on Tropolis Completes Acquisitions of 8 Agencies in 3 States

Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbor, Michigan said the acquisitions combine deep …

3 09, 2025

Relation Acquires Illinois’ Joseph M. Wiedemann & Sons

By | September 3rd, 2025|Uncategorized|Comments Off on Relation Acquires Illinois’ Joseph M. Wiedemann & Sons

Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-owned business based in …

2 09, 2025

Florida’s Once-Pristine Springs Threatened by Pollution, Development, Climate

By | September 2nd, 2025|Uncategorized|Comments Off on Florida’s Once-Pristine Springs Threatened by Pollution, Development, Climate

Seen from the air, a Florida freshwater spring is a bit of liquid heaven, luring humans and wildlife to enjoy its aquamarine cool. With at least 1,000 of them — more than any other state — the springs serve as …