Recent Insurance Industry News
National News
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
The flood insurance gap in the United States is big and it's not getting better. And the consequences of that gap are about to worsen for property owners and state and local...
IMA Latest to Sue Howden Over Alleged Employee Poaching
Trump Administration Backtracks on Removing Ocean Sensors
Meta Lobbies Congress for Protection From Child-Harm Lawsuits: Reuters
Nasdaq Private Market Alleges Rival Hiive Stole Technology
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise
International & Reinsurance News
Space Startups Seek Insurance for Orbital AI Data Centers
Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff...
Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety
Viewpoint: Hormuz Is Reopening, but Global Shipping Won’t Return to Normal for Months
US and Iran Delay Nuclear Talks as Lebanon Clashes Worsen
Markets/Coverages: Chubb Leads New Lloyd’s War Risk Consortium for Hormuz Shipping
People Moves: Arch Promotes Halgan as CEO of Global Reinsurance, Schmeiser as CEO, Global Mortgage; Sompo International Markets Names MacHale as CUO, Head of Strategy
East News
Dali Engineer Reaches Deferred Prosecution Deal Over 2024 Key Bridge Collapse
The chief engineer of the cargo ship Dali that destroyed Baltimore's Francis Scott Key Bridge in a March 2024 collision that killed six construction workers reached a deferred...
Teen Dies After Being Thrown From Horse-Drawn Carriage in NYC’s Central Park
Conn. Extends Uninsured Motorist Coverage to State’s Transportation Workers
People Moves: Hub International Names Collins Northeast Area President
Mangione Drops Psychiatric Defense Bid for New York Murder Case
Accused Insurer CEO Killer Mangione Could Face Hurdles With Mental Health Defense
Midwest News
People Moves: Donegal & Michigan Insurance Promotes Faber to Regional VP as Veenstra Retires
Donegal Insurance Group, headquartered in Marietta, Pennsylvania, and its member company, Michigan Insurance Company, promoted Rob Faber to regional vice president of the...
APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions
People Moves: Sunstar Names Hearst as EVP, National Growth and Sales Strategy
Biofuels Are Key to Avoiding Sharp Farmland Drop, S&P Says
Federal Investigators Probe Fatal Plane Crash Involving Skydivers in Missouri
NTSB: North Dakota Derailment Proves the Need to Replace Flawed Tank Cars
Texas / South Central News
Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration
There's an increasingly narrow strip of New Orleans marshland that hardly anyone lives on, but without it, hundreds of thousands of people will face far greater risks from...
Texas State Fire Marshal’s Office Probes Deadly Residential Fire in Odessa
Uber to Offer Robotaxis in Houston With Lucid and Nuro, Posing Challenge to Waymo
Wastewater Leak Under Texas Church Parking Lot Causes Millions in Damage
Capital Factory CEO Killed in Private-Jet Crash in Texas
Tropical Storm Arthur to Bring Heavy Rainfall to Gulf Coast States
Southeast News
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’
Florida Gov. Ron DeSantis has signed a bill that will create a commercial clearinghouse for Citizens Property Insurance policies, a bill that a number of brokers and agents have...
North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
People Moves: Fortegra, Alabama DOI Put New Faces in Key Roles
Scientists Found the Coral Reefs That Can Survive Climate Change
Higginbotham Teams With South Georgia’s Blanton & Griffin Agency
West News
Inszone Acquires Webtec Insurance Services in Colorado
Inszone Insurance Services acquired Webtec Insurance Services Inc. Webtec is a specialized insurance agency primarily focused on auto and homeowners insurance. Originally based...
California and US West Threatened by Wildfires Over Coming Days
People Moves: ZestyAI Names Friend CFO and Ross SVP; Alliant Names Ackerman VP
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
Zurich Files Growth Plan Under California Sustainable Insurance Strategy
People Moves: Ward Joins Alliant Insurance Services Benefits Team as SVP; Delos Appoints Cammet Chief Product Officer