News Archives - Insurance Journal

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24 03, 2026

Vortex Weather Launches Parametric Hail Product

By | March 24th, 2026|Uncategorized|Comments Off on Vortex Weather Launches Parametric Hail Product

Vortex Weather Insurance announced the formal launch of direct sales for its HailSafe parametric hail insurance product. Previously available only through third-party vendors, HailSafe can now be purchased directly from Vortex by brokers and weather‑exposed businesses, including open car lots, …

24 03, 2026

Gulf Energy Industry Will Take Years to Recover From Iran War

By | March 24th, 2026|Uncategorized|Comments Off on Gulf Energy Industry Will Take Years to Recover From Iran War

It took just days for the Iran war to hobble oil fields, refineries and gas plants across the Persian Gulf, but it could take years to restore their full potential as the conflict drags on. More than three weeks of …

24 03, 2026

Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

By | March 24th, 2026|Uncategorized|Comments Off on Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is succeeding Franz-Josef Hahn, co-founder and CEO of Peak …

24 03, 2026

Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

By | March 24th, 2026|Uncategorized|Comments Off on Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area

Alphabet-owned Wing plans to begin delivering packages by drone to homes in California’s San Francisco Bay Area in the coming months, it said on Monday, extending its rollout to one of its earliest testing grounds. Wing is seeking to scale …

24 03, 2026

Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

By | March 24th, 2026|Uncategorized|Comments Off on Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling

Colleges are racing to comply with President Donald Trump’s demand for sweeping admissions data and bracing for those records to fuel a new crackdown on campus diversity efforts. They face a Wednesday deadline to submit these documents, even as a …

24 03, 2026

Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

By | March 24th, 2026|Uncategorized|Comments Off on Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis

The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report. The report published by …

23 03, 2026

Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

By | March 23rd, 2026|Uncategorized|Comments Off on Harvard Sued by Justice Department Over Alleged Antisemitism on Campus

The Justice Department sued Harvard University for allegedly violating Jewish students’ civil rights in the Trump administration’s latest attack on the university. In the suit filed Friday in Boston federal court, the government claims Harvard failed to protect Jewish students …

23 03, 2026

People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

By | March 23rd, 2026|Uncategorized|Comments Off on People Moves: MSIG USA Appoints Thompson as South Central Distribution Leader

MSIG USA announced the appointment of Matt Thompson as South-Central region distribution leader, responsible for leading MSIG USA’s growth strategy across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas. Thompson will report to Joseph Fitzpatrick, head of distribution for MSIG USA. Thompson …

23 03, 2026

Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

By | March 23rd, 2026|Uncategorized|Comments Off on Frustrated Corpus Christi Residents Limit Water Use as Crisis Nears

Not too long ago, Tamala Alejandro said her backyard was lush with a vegetable garden. On the ground, she had watermelons, cantaloupes and potatoes. She loved her herb garden, and her prized possession was her beloved peach tree. But then, …

23 03, 2026

Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation

By | March 23rd, 2026|Uncategorized|Comments Off on Planned Parenthood of Illinois to Pay $500K to End DEI-Related Investigation

Planned Parenthood of Illinois (Planned Parenthood) violated federal law when they segregated employees by race, subjected white employees to harassment, and engaged in disparate treatment against white employees regarding terms, conditions, and privileges of employment, the U.S. Equal Employment Opportunity …