News Archives - Insurance Journal

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1 04, 2026

Bank of England Says Iran War Has Boosted Threats to Financial Stability

By | April 1st, 2026|Uncategorized|Comments Off on Bank of England Says Iran War Has Boosted Threats to Financial Stability

The Bank of England said on Wednesday that the Iran war had dealt “a substantial negative supply shock” to the world economy, increasing the danger that pre-existing threats to financial stability materialize. The BoE said the prospect of weaker growth …

1 04, 2026

Viewpoint: How Will the Middle East War Affect the Insurance Sector?

By | April 1st, 2026|Uncategorized|Comments Off on Viewpoint: How Will the Middle East War Affect the Insurance Sector?

The recent escalation of the Middle East war introduces geopolitical instability with potential long-lasting effects on commodities, financing conditions, global supply chains, and macro-credit conditions depending on the duration and scale of the conflict. S&P Global Ratings’ base case for …

1 04, 2026

Vermont Defends Its Climate Superfund Law Against Trump Administration Lawsuit

By | April 1st, 2026|Uncategorized|Comments Off on Vermont Defends Its Climate Superfund Law Against Trump Administration Lawsuit

Vermont’s effort to make fossil fuel companies pay for damage caused by climate change was tested Monday in a federal courtroom, where the state argued that two lawsuits challenging its groundbreaking 2024 law should be thrown out. Vermont became the …

1 04, 2026

Acrisure Completes Buy of MGA Vave From Canopius

By | April 1st, 2026|Uncategorized|Comments Off on Acrisure Completes Buy of MGA Vave From Canopius

Fintech Acrisure said it has completed it deal to acquire managing general agent Vave from its parent company, Canopius. Vave will continue to operate under its brand name and be a part of New York-based Acrisure Underwriting, a platform of …

1 04, 2026

Russia and Ukraine Set to Intensify War as World Focuses on Iran

By | April 1st, 2026|Uncategorized|Comments Off on Russia and Ukraine Set to Intensify War as World Focuses on Iran

Vladimir Putin made a big deal of Russia’s success in seizing control of Kupyansk in eastern Ukraine late last year, even as Volodymyr Zelenskiy immediately challenged the claim by making a video address from the town. Now Russian forces are …

1 04, 2026

North Korean Hackers Suspected in Axios Software Tool Breach

By | April 1st, 2026|Uncategorized|Comments Off on North Korean Hackers Suspected in Axios Software Tool Breach

Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. Hackers were able to breach one of the few accounts that can release new versions of Axios …

1 04, 2026

Trump Says Iran Ceasefire Only Possible When Hormuz Reopens

By | April 1st, 2026|Uncategorized|Comments Off on Trump Says Iran Ceasefire Only Possible When Hormuz Reopens

US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war. Iran’s “New Regime President” has asked the …

1 04, 2026

Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says

By | April 1st, 2026|Uncategorized|Comments Off on Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says

An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defense ministry said. Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit …

30 03, 2026

Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk

By | March 30th, 2026|Uncategorized|Comments Off on Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk

Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …

30 03, 2026

Hawaii to Take Over Aging Dam After Failure Scare During Floods

By | March 30th, 2026|Uncategorized|Comments Off on Hawaii to Take Over Aging Dam After Failure Scare During Floods

A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …