News Archives - Insurance Journal

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16 06, 2026

Miami Tech Investor Revives $3 Billion Real Estate Development

By | June 16th, 2026|Uncategorized|Comments Off on Miami Tech Investor Revives $3 Billion Real Estate Development

More than a decade after announcing plans for a large real estate development in Miami’s Little Haiti neighborhood, technology investor Bob Zangrillo is reviving the project, now pitching it as a home for the city’s growing roster of AI companies. …

16 06, 2026

Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI

By | June 16th, 2026|Uncategorized|Comments Off on Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. …

16 06, 2026

People Moves: Gallagher Appoints Practice Leaders for Casualty, Fine Arts, Data Centers

By | June 16th, 2026|Uncategorized|Comments Off on People Moves: Gallagher Appoints Practice Leaders for Casualty, Fine Arts, Data Centers

Gallagher is expanding its US retail brokerage capabilities with the appointment of three new practice leaders. Evan Hessel, managing director, casualty, joined Gallagher as part of the Woodruff Sawyer acquisition in 2025. He has extensive experience in developing risk financing …

16 06, 2026

Ukraine Aims to Align Banks, Insurers With EU Rules by 2028, Central Banker Says

By | June 16th, 2026|Uncategorized|Comments Off on Ukraine Aims to Align Banks, Insurers With EU Rules by 2028, Central Banker Says

Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor confidence and deepen economic integration with Europe, its central bank governor said. The European Union launched formal talks …

16 06, 2026

US-Iran Deal Promises End to War but How it Will Work Remains Unclear

By | June 16th, 2026|Uncategorized|Comments Off on US-Iran Deal Promises End to War but How it Will Work Remains Unclear

Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered. U.S. …

12 06, 2026

Climate Change Making Coastal Floods More Likely, Study Finds

By | June 12th, 2026|Uncategorized|Comments Off on Climate Change Making Coastal Floods More Likely, Study Finds

Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …

12 06, 2026

People Moves: PIA New Jersey Elects New Leadership

By | June 12th, 2026|Uncategorized|Comments Off on People Moves: PIA New Jersey Elects New Leadership

PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …

12 06, 2026

Florida Property Tax Cut Could Strain Local Credit, S&P Says

By | June 12th, 2026|Uncategorized|Comments Off on Florida Property Tax Cut Could Strain Local Credit, S&P Says

Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …

12 06, 2026

Solar Power Hits New Milestones in the US

By | June 12th, 2026|Uncategorized|Comments Off on Solar Power Hits New Milestones in the US

Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …

12 06, 2026

US Declares Power Emergency in Southeast as Heat Strains Grids

By | June 12th, 2026|Uncategorized|Comments Off on US Declares Power Emergency in Southeast as Heat Strains Grids

The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …