News Archives - Insurance Journal

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30 01, 2026

Southern Africa Floods That Killed 300 Fueled by Global Warming

By | January 30th, 2026|Uncategorized|Comments Off on Southern Africa Floods That Killed 300 Fueled by Global Warming

An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in December, …

30 01, 2026

Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say

By | January 30th, 2026|Uncategorized|Comments Off on Crypto Money-Laundering Hit $82 Billion in 2025, Researchers Say

Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category has been Chinese-language money-laundering networks, …

30 01, 2026

UK Warns of Pancreatitis, Deaths Tied to Wegovy, Mounjaro

By | January 30th, 2026|Uncategorized|Comments Off on UK Warns of Pancreatitis, Deaths Tied to Wegovy, Mounjaro

The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases of pancreatitis were rare, the …

30 01, 2026

Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium

By | January 30th, 2026|Uncategorized|Comments Off on Markets/Coverages: Brit Announces Renewal of $200M Cyber Consortium

Brit Group Holdings Ltd. announced the renewal of its cyber consortium — “Brit Cyber Attack Plus” (BCAP) — a cyber product designed to protect clients from a broad range of cyber-related perils, including physical damage. BCAP, led by Brit Syndicate …

30 01, 2026

Worries Deepened in South After Days of Snow, Ice and Power Outages

By | January 30th, 2026|Uncategorized|Comments Off on Worries Deepened in South After Days of Snow, Ice and Power Outages

Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out …

30 01, 2026

E&S Premium Growth Moderates Through Nine Months of 2025

By | January 30th, 2026|Uncategorized|Comments Off on E&S Premium Growth Moderates Through Nine Months of 2025

The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years …

30 01, 2026

Florida Committees Approve MGA, Litigation Funding Restriction Bills

By | January 30th, 2026|Uncategorized|Comments Off on Florida Committees Approve MGA, Litigation Funding Restriction Bills

Florida legislative committees approved two bills this week that could impact property-casualty insurance in the state. One would put some restrictions on litigation financing and the other would force more transparency on insurers’ payments to managing general agencies. The bills’ …

30 01, 2026

Texas Data Centers, Crypto Miners Reduced Power During Storm

By | January 30th, 2026|Uncategorized|Comments Off on Texas Data Centers, Crypto Miners Reduced Power During Storm

Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country. Data centers supporting artificial …

30 01, 2026

Detroit-Area Taco Bell Operators Settle Sexual Harassment Lawsuit

By | January 30th, 2026|Uncategorized|Comments Off on Detroit-Area Taco Bell Operators Settle Sexual Harassment Lawsuit

Sundance, Inc. and Black River Bells, operators of several Taco Bell restaurants in the metropolitan Detroit area, will pay $100,000 and furnish other relief to resolve a sexual harassment lawsuit filed by the U.S. Equal Opportunity Commission (EEOC), the federal …

30 01, 2026

Insurance Journal’s Agency Salary Survey to Close Tuesday, Feb. 3

By | January 30th, 2026|Uncategorized|Comments Off on Insurance Journal’s Agency Salary Survey to Close Tuesday, Feb. 3

Don’t miss out on your chance to participate in Insurance Journal’s annual Agency Salary Survey. There’s only a few days left to share your insights on agency compensation trends and more. ALL retail agency owners, principals, producers, CSRs — the …