News Archives - Insurance Journal

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4 09, 2026

King Risk Partners Acquires New Jersey’s Conover Beyer Associates

By | September 4th, 2026|Uncategorized|Comments Off on King Risk Partners Acquires New Jersey’s Conover Beyer Associates

King Risk Partners announced the acquisition of Conover Beyer Associates Insurance, an independent insurance agency based in Manasquan, New Jersey. Founded in 1882, Conover Beyer Associates is a family and veteran-owned agency offering business and personal insurance, employee benefits, commercial …

4 09, 2026

People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams

By | September 4th, 2026|Uncategorized|Comments Off on People Moves: Ciak Joins Guy Carpenter’s Healthcare Team From BMS Group; CRC Specialty Makes Hires Across Underwriting and Brokerage Teams

Ciak Joins Guy Carpenter’s Healthcare Team from BMS Group Jessica Ciak joined the healthcare segment Guy Carpenter as the firm’s as a senior vice president, focusing on the U.S. medical professional liability sector. Based in Minneapolis, Minnesota, Ciak reports to …

3 09, 2026

Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says

By | September 3rd, 2026|Uncategorized|Comments Off on Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says

South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co. and …

3 09, 2026

UN Warns Global Warming Will Exceed 1.5C and Must Be Reversed

By | September 3rd, 2026|Uncategorized|Comments Off on UN Warns Global Warming Will Exceed 1.5C and Must Be Reversed

Since countries signed onto the 2015 Paris Agreement, the United Nations has regularly reported on the world’s progress at limiting global warming to 1.5C above pre-industrial levels. A landmark UN report published today brings an end to that era — …

3 09, 2026

People Moves: Silva to Succeed Retiring Welch as Amica Chief Claims Officer

By | September 3rd, 2026|Uncategorized|Comments Off on People Moves: Silva to Succeed Retiring Welch as Amica Chief Claims Officer

Silva to Succeed Retiring Welch as Amica SVP and Chief Claims Officer Amica Mutual Insurance Co., headquartered in Lincoln, Rhode Island, announced that Sean Welch, senior vice president and chief claims officer, will retire at the end of the year …

3 09, 2026

Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress

By | September 3rd, 2026|Uncategorized|Comments Off on Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress

A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress. The four waivers sent by the EPA to Congress for review granted ⁠California …

3 09, 2026

Berkshire CEO Abel Says AI to Help Power Growth

By | September 3rd, 2026|Uncategorized|Comments Off on Berkshire CEO Abel Says AI to Help Power Growth

Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after Berkshire made Alphabet its third-largest common stock holding. Abel separately said American consumers remain under stress from …

3 09, 2026

Trump Says Iran Strikes to Be Short, Asserts Hormuz Control

By | September 3rd, 2026|Uncategorized|Comments Off on Trump Says Iran Strikes to Be Short, Asserts Hormuz Control

President Donald Trump said renewed attacks on Iran would likely be short-lived, reiterating his claim that the US controls the crucial Strait of Hormuz after fresh fighting spiked energy prices and rekindled fears of an open-ended war. Asked on Wednesday …

3 09, 2026

Thomson Reuters Detects Cyber Incident, Says Unauthorized Party Accessed Files

By | September 3rd, 2026|Uncategorized|Comments Off on Thomson Reuters Detects Cyber Incident, Says Unauthorized Party Accessed Files

A unit of Thomson Reuters detected a cybersecurity incident in 11 U.S. states, the U.S. Virgin Islands and Canada on June 30 involving the company’s C-Track case management platform, according to a notice from the company on Wednesday and a …

3 09, 2026

Santam Drops US Investment as Property-Rate Dip Damps Outlook

By | September 3rd, 2026|Uncategorized|Comments Off on Santam Drops US Investment as Property-Rate Dip Damps Outlook

Santam Ltd. has paused its foray into the US as a decline in property premium rates in the world’s biggest economy forced South Africa’s largest general insurer to rethink its expansion plan. It discontinued investments into Avatar Holdings, a London-based …