News Archives - Insurance Journal

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3 09, 2025

Success of AI Music Creators Sparks Debate on Future of Music Industry

By | September 3rd, 2025|Uncategorized|Comments Off on Success of AI Music Creators Sparks Debate on Future of Music Industry

When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …

3 09, 2025

Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed

By | September 3rd, 2025|Uncategorized|Comments Off on Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed

A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather than …

3 09, 2025

Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time

By | September 3rd, 2025|Uncategorized|Comments Off on Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time

St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the waters. With …

3 09, 2025

Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3

By | September 3rd, 2025|Uncategorized|Comments Off on Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3

One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …

3 09, 2025

Tropolis Completes Acquisitions of 8 Agencies in 3 States

By | September 3rd, 2025|Uncategorized|Comments Off on Tropolis Completes Acquisitions of 8 Agencies in 3 States

Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbor, Michigan said the acquisitions combine deep …

3 09, 2025

Relation Acquires Illinois’ Joseph M. Wiedemann & Sons

By | September 3rd, 2025|Uncategorized|Comments Off on Relation Acquires Illinois’ Joseph M. Wiedemann & Sons

Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-owned business based in …

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 …