News Archives - Insurance Journal

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7 10, 2025

Honeywell Offloads Inherited Asbestos Liabilities

By | October 7th, 2025|Uncategorized|Comments Off on Honeywell Offloads Inherited Asbestos Liabilities

Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. The company is streamlining operations, with a plan to split into three independently …

7 10, 2025

Canada’s Gifford Carr Wings Into Florida With Acquisition of Omni One Agency

By | October 7th, 2025|Uncategorized|Comments Off on Canada’s Gifford Carr Wings Into Florida With Acquisition of Omni One Agency

It’s often insureds who come to Florida from Canada before winter sets in. But this week, it’s an Ottawa-based insurance brokerage that has moved into the Sunshine State with the acquisition of a Cape Coral firm. Gifford Carr Insurance Group …

7 10, 2025

Viewpoint: How Transactional Risk Insurance Became Essential for M&A Certainty

By | October 7th, 2025|Uncategorized|Comments Off on Viewpoint: How Transactional Risk Insurance Became Essential for M&A Certainty

Mergers and acquisitions (M&A) are rarely simple. Even in buoyant deal environments, uncertainties around valuation, regulatory approval, or contingent liabilities can derail negotiations at the eleventh hour. Over the past decade, transactional risk insurance has moved from being a niche …

7 10, 2025

US Tariffs on Heavy Truck Imports to Begin Nov. 1, Says Trump

By | October 7th, 2025|Uncategorized|Comments Off on US Tariffs on Heavy Truck Imports to Begin Nov. 1, Says Trump

President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries. The proposal has been subject to an intense lobbying campaign by Detroit’s legacy …

7 10, 2025

People Moves: Keebler, Justice Join CFC’s New US-Based Cyber Development Team

By | October 7th, 2025|Uncategorized|Comments Off on People Moves: Keebler, Justice Join CFC’s New US-Based Cyber Development Team

CFC, with U.S. headquarters in New York City, created a new U.S.-based cyber development team and appointed leadership. John Keebler joins the business as its new national cyber development leader, USA, based in Chicago, Illinois. Working closely with CFC’s U.S. …

7 10, 2025

Jaguar Land Rover Bailout Shows Rising Cost of Cybercrime

By | October 7th, 2025|Uncategorized|Comments Off on Jaguar Land Rover Bailout Shows Rising Cost of Cybercrime

Navarro Jordan ordered his Land Rover Defender in August. On Aug. 15, Jordan, who lives in Los Angeles, got a notification that it had been assembled, and soon after, that it was ready and waiting to be shipped. Then the …

7 10, 2025

EU Restricts Use of ‘Forever Chemicals’ in Firefighting Foams

By | October 7th, 2025|Uncategorized|Comments Off on EU Restricts Use of ‘Forever Chemicals’ in Firefighting Foams

The European Commission said on Friday it was restricting the use of substances known as PFAS, or “forever chemicals,” in firefighting foams, marking a step towards the EU’s objective to minimize the use of PFAS in consumer goods. PFAS, or …

6 10, 2025

Florida Chemical Plant Releases Toxic Vapor Cloud But No Injuries Reported

By | October 6th, 2025|Uncategorized|Comments Off on Florida Chemical Plant Releases Toxic Vapor Cloud But No Injuries Reported

A toxic cloud of chemicals was released from an industrial site near Cocoa Beach last week, but authorities said no one was seriously injured, and the leak has been repaired. Florida Today and other news outlets reported that about 10 …

6 10, 2025

Florida Was a Top Destination for Immigrants in Recent Years — and Economy Grew

By | October 6th, 2025|Uncategorized|Comments Off on Florida Was a Top Destination for Immigrants in Recent Years — and Economy Grew

After Paola Freites was allowed into the U.S. in 2024, she and her husband settled in Florida, drawn by warm temperatures, a large Latino community and the ease of finding employment and housing. They were among hundreds of thousands of …

6 10, 2025

Cyber Group Extorts Executives After Claiming Oracle Apps Breach

By | October 6th, 2025|Uncategorized|Comments Off on Cyber Group Extorts Executives After Claiming Oracle Apps Breach

Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them via Oracle Corp.’s popular E-Business Suite applications, according to a Google cybersecurity executive and three others familiar with the matter. …