Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn
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Description: 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 …
Full content: 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 …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 16:09:11 +0000
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Groups Push for Federal Court Rule to Disclose Litigation Funding
Author: Chad Hemenway
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Description: The Lawyers for Civil Justice and the U.S. Chamber of Commerce Institute for Legal Reform are seeking a federal rule to require the disclosure of third-party litigation funding. Currently, the matter is handled in federal courts with mixed results. According …
Full content: The Lawyers for Civil Justice and the U.S. Chamber of Commerce Institute for Legal Reform are seeking a federal rule to require the disclosure of third-party litigation funding. Currently, the matter is handled in federal courts with mixed results. According …
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Category: National News
Date: Tue, 24 Mar 2026 16:08:21 +0000
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Gulf Energy Industry Will Take Years to Recover From Iran War
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Description: 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 …
Full content: 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 …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 15:48:48 +0000
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Vortex Weather Launches Parametric Hail Product
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Description: 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, …
Full content: 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, …
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Category: Midwest News
Date: Tue, 24 Mar 2026 15:01:17 +0000
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Texas to Ban Smokeable Hemp on March 31
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Description: New state rules that eliminate natural smokeable hemp products and increase licensing fees will go into effect at the end of the month. Hemp industry leaders say these new regulations will eliminate a majority of their inventory and force those …
Full content: New state rules that eliminate natural smokeable hemp products and increase licensing fees will go into effect at the end of the month. Hemp industry leaders say these new regulations will eliminate a majority of their inventory and force those …
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Category: Texas / South Central News
Date: Tue, 24 Mar 2026 14:57:11 +0000
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People Moves: Maryland Appoints Two Associate Insurance Commissioners
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Description: Maryland Insurance Commissioner Marie Grant appointed Megan Mason as associate commissioner of life and health and Giri Govada as associate commissioner of operations and technology. Mason will oversee the agency’s life and health division, which is composed of the rates …
Full content: Maryland Insurance Commissioner Marie Grant appointed Megan Mason as associate commissioner of life and health and Giri Govada as associate commissioner of operations and technology. Mason will oversee the agency’s life and health division, which is composed of the rates …
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Category: East News
Date: Tue, 24 Mar 2026 14:56:14 +0000
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SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project
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Description: SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. “We are going to do the largest construction project in the …
Full content: SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus. “We are going to do the largest construction project in the …
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Category: Midwest News
Date: Tue, 24 Mar 2026 14:54:20 +0000
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Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater
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Description: Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels market that’s already seen prices skyrocket due to the Middle East war. A fire broke …
Full content: Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels market that’s already seen prices skyrocket due to the Middle East war. A fire broke …
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Category: Texas / South Central News
Date: Tue, 24 Mar 2026 14:49:52 +0000
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California Sues Department of Energy Over Sable Oil Pipeline Restart
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Description: California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to …
Full content: California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to …
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Category: West News
Date: Tue, 24 Mar 2026 14:37:15 +0000
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High-Grade Borrowers Jump Back Into Bond Market After Halt
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Description: The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he would postpone strikes …
Full content: The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he would postpone strikes …
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Category: National News
Date: Tue, 24 Mar 2026 14:12:58 +0000
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Oakbridge Names New President and CEO as Smith Moves to Chairman Role
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Description: Georgia-headquartered Oakbridge Insurance, one the largest privately owned brokerages, announced that longtime president and CEO Robbie Smith will be executive chairman, starting July 1. Matt James, the current chief financial officer and chief acquisition officer, will be named CEO. Trae …
Full content: Georgia-headquartered Oakbridge Insurance, one the largest privately owned brokerages, announced that longtime president and CEO Robbie Smith will be executive chairman, starting July 1. Matt James, the current chief financial officer and chief acquisition officer, will be named CEO. Trae …
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Category: Southeast News
Date: Tue, 24 Mar 2026 14:10:43 +0000
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EPA Promises Ruling on New Hampshire Repeal of Vehicle Inspections by Summer
Author: Andrew G. Simpson
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Description: U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin has promised New Hampshire officials that his agency will expedite its review of the state’s request for a Clean Air Act waiver that will allow it to repeal its vehicle inspection and …
Full content: U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin has promised New Hampshire officials that his agency will expedite its review of the state’s request for a Clean Air Act waiver that will allow it to repeal its vehicle inspection and …
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Category: East News
Date: Tue, 24 Mar 2026 14:03:07 +0000
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Fire Destroys Historic Courthouse in Georgia
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Description: A fire that broke out Monday almost completely destroyed the 134-year-old Floyd County Courthouse in Rome, Georgia, leaving officials looking for new office space for some government functions, local news sites reported. The courthouse, built in 1892 and listed on …
Full content: A fire that broke out Monday almost completely destroyed the 134-year-old Floyd County Courthouse in Rome, Georgia, leaving officials looking for new office space for some government functions, local news sites reported. The courthouse, built in 1892 and listed on …
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Category: Southeast News
Date: Tue, 24 Mar 2026 13:30:03 +0000
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FCC Bans Wireless Router Imports, Citing Security Concerns
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Description: The Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers after an interagency panel determined they threaten national security. While the FCC said companies could apply for exemptions, the move could dramatically …
Full content: The Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers after an interagency panel determined they threaten national security. While the FCC said companies could apply for exemptions, the move could dramatically …
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Category: National News
Date: Tue, 24 Mar 2026 12:40:40 +0000
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Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case
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Description: The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s High Court that he was liable to Hewlett Packard Enterprise over its acquisition of his firm Autonomy. The U.S. technology …
Full content: The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s High Court that he was liable to Hewlett Packard Enterprise over its acquisition of his firm Autonomy. The U.S. technology …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 11:47:04 +0000
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German Court Rejects Bid to Ban Mercedes and BMW’s Fossil-Fuel Cars
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Description: Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe upheld lower court rulings …
Full content: Environmentalists suffered a setback on Monday when Germany’s top appeals court threw out their cases seeking to ban Mercedes-Benz and BMW from selling new combustion-engine cars from November 2030. The federal court of justice in Karlsruhe upheld lower court rulings …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 11:38:33 +0000
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Hyundai Recalls 58,000 Palisade SUVs in South Korea Over Automatic Seat Problem
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Description: South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …
Full content: South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 10:42:40 +0000
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Iran Sends Waves of Missiles Into Israel, Calls Trump’s Talk of Negotiations ‘Fake News’
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Description: Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic’s power plants and other energy infrastructure because of what he described as productive talks …
Full content: Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic’s power plants and other energy infrastructure because of what he described as productive talks …
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Category: International & Reinsurance News
Date: Tue, 24 Mar 2026 10:16:23 +0000
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Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis
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Description: 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 …
Full content: 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 …
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Category: National News
Date: Tue, 24 Mar 2026 05:23:48 +0000
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Trump’s Demand for Admissions Data Sends Wary Colleges Scrambling
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Description: 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 …
Full content: 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 …
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Category: National News
Date: Tue, 24 Mar 2026 05:14:04 +0000
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NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
Author: Andrew G. Simpson
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Description: New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and others have come out in support of Gov. Kathy …
Full content: New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district attorneys, mayors, immigrant and minority groups and others have come out in support of Gov. Kathy …
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Category: East News
Date: Tue, 24 Mar 2026 05:00:36 +0000
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Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area
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Description: 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 …
Full content: 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 …
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Category: West News
Date: Tue, 24 Mar 2026 05:00:13 +0000
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Register: Risky Future AI Tools for Better Billing & Payments ‘Demo Day’ on March 25
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Description: Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations …
Full content: Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations …
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Category: National News
Date: Mon, 23 Mar 2026 16:11:41 +0000
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Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re
Author: L.S. Howard
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Description: Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
Full content: Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
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Category: International & Reinsurance News
Date: Mon, 23 Mar 2026 16:10:25 +0000
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Hawaii’s Worst Flooding in 20 Years Prompts Evacuations
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Description: Hawaii officials urged people in hard-hit areas to evacuate Saturday due to the state’s worst flooding in more than 20 years, after heavy rains fell on soil already saturated by downpours from a winter storm a week ago. Muddy floodwaters …
Full content: Hawaii officials urged people in hard-hit areas to evacuate Saturday due to the state’s worst flooding in more than 20 years, after heavy rains fell on soil already saturated by downpours from a winter storm a week ago. Muddy floodwaters …
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Category: West News
Date: Mon, 23 Mar 2026 15:34:40 +0000
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Relation Insurance Acquires Chinook Insurance Group in Washington
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Description: Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture industry. The company also has additional …
Full content: Relation Insurance Services acquired the assets of Chinook Insurance Group, LLC based in Seattle, Washington. Chinook Insurance Group focuses on commercial clients and brings specialized expertise in insurance services for the subsea and aquaculture industry. The company also has additional …
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Category: West News
Date: Mon, 23 Mar 2026 15:26:02 +0000
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Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd
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Description: Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers’ plans for production increases that could help ease record-high U.S. beef prices. The loss of grasslands in the second-biggest cattle-producing state removes a feed source for …
Full content: Massive wildfires have burned vast swaths of grazing lands in Nebraska, endangering cattle producers’ plans for production increases that could help ease record-high U.S. beef prices. The loss of grasslands in the second-biggest cattle-producing state removes a feed source for …
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Category: Midwest News
Date: Mon, 23 Mar 2026 15:19:07 +0000
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Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance
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Description: When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …
Full content: When Thomas A. George and Tamika Hampton decided to defraud an auto insurer in 2019, they went big—claiming that George was so severely injured in a crash that he could no longer walk or talk, according to court documents. The …
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Category: Southeast News
Date: Mon, 23 Mar 2026 15:15:01 +0000
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P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
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Description: The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured Research. In the report titled “P&C Loss Reserves at Year-End 2025: …
Full content: The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured Research. In the report titled “P&C Loss Reserves at Year-End 2025: …
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Category: National News
Date: Mon, 23 Mar 2026 14:55:35 +0000
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Trump Suit Against Capital One Dismissed But Can Be Refiled
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Description: The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its “deficient” …
Full content: The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its “deficient” …
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Category: National News
Date: Mon, 23 Mar 2026 14:44:20 +0000
Local date: Mon, 23 Mar 2026 14:44:20 +0000
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