News Archives - Insurance Journal

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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 …

2 09, 2025

Disputed Ballots Could Swing Union Vote Outcome at EV Battery Plant in Kentucky

By | September 2nd, 2025|Uncategorized|Comments Off on Disputed Ballots Could Swing Union Vote Outcome at EV Battery Plant in Kentucky

An election to determine whether workers unionize an electric vehicle battery manufacturing complex in Kentucky was in limbo due to a few dozen disputed ballots that could swing the outcome. The United Auto Workers claimed it secured a narrow victory …

2 09, 2025

Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says

By | September 2nd, 2025|Uncategorized|Comments Off on Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says

The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large …

2 09, 2025

Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy

By | September 2nd, 2025|Uncategorized|Comments Off on Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy

Skyward Specialty Insurance Group said it has a definitive agreement with the majority sellers to acquire 100% of Apollo Group Holdings Limited from private equity firm Alchemy for a total of $555 million in a mix of cash and shares …

1 09, 2025

Private Equity Firm Bain Capital to Buy UK Insurance Intermediary Jensten Group

By | September 1st, 2025|Uncategorized|Comments Off on Private Equity Firm Bain Capital to Buy UK Insurance Intermediary Jensten Group

Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Group, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor. The investment is being made by the dedicated insurance …

27 08, 2025

West Virginia Lags Behind in Sites for New Businesses, But That is Changing

By | August 27th, 2025|Uncategorized|Comments Off on West Virginia Lags Behind in Sites for New Businesses, But That is Changing

On the Ohio River in Wood County, officials are clearing hurdles to prepare sites for new businesses. Two locations, 70 acres of farmland and a sprawling industrial park, are set to become suitable for development, thanks to the first $150,000 …

27 08, 2025

Louisiana Governor: No ‘Immediate Danger’ After Auto Plant Fire

By | August 27th, 2025|Uncategorized|Comments Off on Louisiana Governor: No ‘Immediate Danger’ After Auto Plant Fire

Following a massive fire on Friday at an automotive lubricant plant in southeast Louisiana, residents are reporting soot on cars and oily residue in nearby bodies of water. But Gov. Jeff Landry said that there is no indication of an …

27 08, 2025

Texas Serial Arsonist Charged With Starting Hay Bale Fires

By | August 27th, 2025|Uncategorized|Comments Off on Texas Serial Arsonist Charged With Starting Hay Bale Fires

A serial arsonist in Lavaca County, Texas pleaded guilty to one count of felony vehicle arson and admitted to starting six hay bale fires dating to 2024, the Texas Department of Insurance announced this week. The Hallettsville Police Department arrested …

27 08, 2025

Crumbling Michigan Dam Reveals Potential Risks of Private Hydroelectric Ownership

By | August 27th, 2025|Uncategorized|Comments Off on Crumbling Michigan Dam Reveals Potential Risks of Private Hydroelectric Ownership

Amid stacked rows of brightly colored plastic kayaks and canoes, Khrystal Crosno recently helped an Ann Arbor family begin a floating trip along the scenic AuTrain River. The Earl family should spot turtles, herons and river otters during the 7-mile …

27 08, 2025

How Climate Variability Threatens Corn Growers

By | August 27th, 2025|Uncategorized|Comments Off on How Climate Variability Threatens Corn Growers

Robb Rynd and his brother grew up farming and wanted to do more of it outside their day jobs, so they went in together on what’s now a little over 200 acres of corn, soybeans, wheat and sorghum. Last year …