News Archives - Insurance Journal

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18 03, 2026

LA County Metro Buses Will Warn Against Workers’ Comp Fraud

By | March 18th, 2026|Uncategorized|Comments Off on LA County Metro Buses Will Warn Against Workers’ Comp Fraud

Los Angeles County buses will soon be large, rolling warnings against workers’ compensation fraud. L.A. County District Attorney Nathan J. Hochman announced the launch of a countywide LA Metro bus advertisement campaign in which buses will bear warnings that lying …

18 03, 2026

AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity

By | March 18th, 2026|Uncategorized|Comments Off on AM Best Withdraws Credit Ratings of Texas’ Cadence Indemnity

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of The Sullivan Brothers Family …

18 03, 2026

Trump Again Vows to Block Wind Turbines During His Presidency

By | March 18th, 2026|Uncategorized|Comments Off on Trump Again Vows to Block Wind Turbines During His Presidency

US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proudly telling you that …

18 03, 2026

Markets/Coverages: Marsh Risk Launches for US Excess Casualty Capacity; CRC Specialty Enhances Insurisk to Meet Needs of Data Centers

By | March 18th, 2026|Uncategorized|Comments Off on Markets/Coverages: Marsh Risk Launches for US Excess Casualty Capacity; CRC Specialty Enhances Insurisk to Meet Needs of Data Centers

Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certainty, and superior policy …

18 03, 2026

Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality

By | March 18th, 2026|Uncategorized|Comments Off on Viewpoint: AI Paradox in Cyber Insurance—When Fear Drives Markets More Than Reality

The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasingly worried about AI. So much so that artificial intelligence has become the second biggest reason they’re buying cyber insurance. Yet these concerns aren’t actually shaking up …

17 03, 2026

Los Angeles, US West Brace for Second Bout of Record March Heat

By | March 17th, 2026|Uncategorized|Comments Off on Los Angeles, US West Brace for Second Bout of Record March Heat

Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …

18 03, 2026

Major Offshore Wind Farm Trump Tried to Halt Finishes Construction

By | March 18th, 2026|Uncategorized|Comments Off on Major Offshore Wind Farm Trump Tried to Halt Finishes Construction

Construction is finished on a major Massachusetts offshore wind farm, the first project to reach this stage during President Donald Trump’s time in office. Offshore construction was completed Friday night on Vineyard Wind with the installation of the final blades, …

18 03, 2026

Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say

By | March 18th, 2026|Uncategorized|Comments Off on Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say

Greek shipowners and other companies are scanning their computer systems for evidence of cyberattacks after advice from the National Cybersecurity Authority, two sources said on Wednesday following incidents that have been linked to the Iran war. The authority last week …

16 03, 2026

A Backlash Against Data Centers Is Spilling Into French Municipal Election Races

By | March 16th, 2026|Uncategorized|Comments Off on A Backlash Against Data Centers Is Spilling Into French Municipal Election Races

In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France’s municipal elections, is vowing to reverse plans for a data center he says will intensify heat islands, worsen noise pollution and create few local jobs. The …

16 03, 2026

SiriusPoint Restructures Business, Now Operating Through Four Business Areas

By | March 16th, 2026|Uncategorized|Comments Off on SiriusPoint Restructures Business, Now Operating Through Four Business Areas

SiriusPoint Ltd., the Bermuda-based specialty underwriter, announced changes to its business structure as part of the next phase of the company’s evolution. SiriusPoint will now operate through four business areas, including three globally focused P&Ls: Global P&C Programs, Global Reinsurance, …