Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say
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Description: President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to …
Full content: President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to …
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Category: International & Reinsurance News
Date: Wed, 04 Mar 2026 08:26:14 +0000
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People Moves: Ryan Specialty Underwriting Managers Promotes in RFL Exec Team
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Description: Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty, headquartered in Chicago, Illinois, promoted three members of the Ryan Financial Lines (RFL) executive team. Deborah Egel-Fergus, president of lawyers E&O – Egel-Fergus most recently served as vice president …
Full content: Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty, headquartered in Chicago, Illinois, promoted three members of the Ryan Financial Lines (RFL) executive team. Deborah Egel-Fergus, president of lawyers E&O – Egel-Fergus most recently served as vice president …
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Category: National News
Date: Wed, 04 Mar 2026 07:48:11 +0000
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Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf
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Description: The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for …
Full content: The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for …
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Category: International & Reinsurance News
Date: Wed, 04 Mar 2026 07:23:23 +0000
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Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures
Author: Jahna Jacobson
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Description: Looking for deals, consumers are increasingly shopping year-round for home and auto insurance, bucking seasonal trends and insurer expectations. Elevated insurance shopping trends seen throughout 2024 and earlier in 2025 continued through the end of the year, prompting questions about …
Full content: Looking for deals, consumers are increasingly shopping year-round for home and auto insurance, bucking seasonal trends and insurer expectations. Elevated insurance shopping trends seen throughout 2024 and earlier in 2025 continued through the end of the year, prompting questions about …
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Category: National News
Date: Wed, 04 Mar 2026 06:09:45 +0000
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What Berkshire’s CEO Abel Said About Insurance
Author: Susanne Sclafane
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Description: Berkshire Hathaway’s chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to investors recently. After two years of rising underwriting profits, Greg Abel, …
Full content: Berkshire Hathaway’s chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to investors recently. After two years of rising underwriting profits, Greg Abel, …
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Category: National News
Date: Wed, 04 Mar 2026 06:07:24 +0000
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Georgia Insurance Law is About to Get an Upgrade With Multiple Changes
Author: William Rabb
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Description: A Georgia bill that would bring larger insurer fines, more fraud enforcement and more wind-mitigation funding now moves to state Senate, where it is expected to pass in the next few weeks. The Georgia House of Representatives late last month …
Full content: A Georgia bill that would bring larger insurer fines, more fraud enforcement and more wind-mitigation funding now moves to state Senate, where it is expected to pass in the next few weeks. The Georgia House of Representatives late last month …
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Category: Southeast News
Date: Wed, 04 Mar 2026 06:01:14 +0000
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SullivanCurtisMonroe Acquries Stepco Insurance Agency
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Description: SullivanCurtisMonroe has acquired Stepco Insurance Agency. The Stepco group will join SCM’s Pasadena team. Stepco was founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency. In 1983, CEO Steve Stepanian took over the agency from his brother-in-law, …
Full content: SullivanCurtisMonroe has acquired Stepco Insurance Agency. The Stepco group will join SCM’s Pasadena team. Stepco was founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency. In 1983, CEO Steve Stepanian took over the agency from his brother-in-law, …
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Category: West News
Date: Wed, 04 Mar 2026 06:00:27 +0000
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Maine County Rebuilds Its Destroyed Dunes. It’s Just the Start to Save the Coastline
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Description: A crew guided a York County barge equipped with a giant sea vacuum across the waters of Wells Harbor last week. One contractor nudged the so-called dredge in a tiny tugboat. Another manned the equipment, which sucked up sand from …
Full content: A crew guided a York County barge equipped with a giant sea vacuum across the waters of Wells Harbor last week. One contractor nudged the so-called dredge in a tiny tugboat. Another manned the equipment, which sucked up sand from …
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Category: East News
Date: Wed, 04 Mar 2026 06:00:05 +0000
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Little Ceasars Franchise in California Settles for $409K Over Worker Pay
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Description: The operator of a pizza parlor in California must pay back wages following an investigation that showed the business did not pay the required minimum wage and overtime. The U.S. Department of Labor reached a settlement agreement with the operator …
Full content: The operator of a pizza parlor in California must pay back wages following an investigation that showed the business did not pay the required minimum wage and overtime. The U.S. Department of Labor reached a settlement agreement with the operator …
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Category: West News
Date: Wed, 04 Mar 2026 06:00:04 +0000
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Transgender Men Sue Kansas Over Law Invalidating Their Driver’s Licenses
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Description: Two transgender men are suing Kansas over a new law that invalidated their driver’s licenses and about 1,700 others for reflecting people’s gender identities and not their sex assigned at birth, arguing that the measure is “dehumanizing.” The men filed …
Full content: Two transgender men are suing Kansas over a new law that invalidated their driver’s licenses and about 1,700 others for reflecting people’s gender identities and not their sex assigned at birth, arguing that the measure is “dehumanizing.” The men filed …
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Category: Midwest News
Date: Tue, 03 Mar 2026 17:48:56 +0000
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Louisiana Couple Arrested for Insurance Fraud
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Description: A Baton Rouge, Louisiana couple was recently arrested for attempting to defraud an insurance company of approximately $30,000 and on other related charges, the Louisiana Office of the Attorney General announced this week. Agents with Attorney General Liz Murrill’s Louisiana …
Full content: A Baton Rouge, Louisiana couple was recently arrested for attempting to defraud an insurance company of approximately $30,000 and on other related charges, the Louisiana Office of the Attorney General announced this week. Agents with Attorney General Liz Murrill’s Louisiana …
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Category: Texas / South Central News
Date: Tue, 03 Mar 2026 17:17:08 +0000
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Louisiana Dept. of Insurance Enters Partnership to Fight Litigation Funding
Author: Ezra Amacher
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Description: The Louisiana Department of Insurance is entering a partnership with the National Insurance Crime Bureau (NICB) and digital intelligence company 4WARN to combat third-party litigation funding (TPLF) marketing tactics. The department said the partnership is the first of its kind …
Full content: The Louisiana Department of Insurance is entering a partnership with the National Insurance Crime Bureau (NICB) and digital intelligence company 4WARN to combat third-party litigation funding (TPLF) marketing tactics. The department said the partnership is the first of its kind …
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Category: Texas / South Central News
Date: Tue, 03 Mar 2026 16:52:17 +0000
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Bolivia Raids Homes Looking for Millions in Cash Taken From Plane-Wreck Site
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Description: Bolivia’s security forces have raided at least 22 homes near the site where a military plane carrying millions of dollars in cash crashed last week, seeking to recover banknotes stolen after the accident. At least 24 people died in the …
Full content: Bolivia’s security forces have raided at least 22 homes near the site where a military plane carrying millions of dollars in cash crashed last week, seeking to recover banknotes stolen after the accident. At least 24 people died in the …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 16:51:21 +0000
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Buyer’s Market: Low Terrorism Insurance Pricing Despite Rising Instability
Author: Chad Hemenway
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Description: Terrorism insurance pricing in the U.S. is hovering at an all-time low — a surprising reality at a time when geopolitical tensions, domestic extremism, and global instability dominate headlines. It comes down to the age-old dynamic of supply and demand, …
Full content: Terrorism insurance pricing in the U.S. is hovering at an all-time low — a surprising reality at a time when geopolitical tensions, domestic extremism, and global instability dominate headlines. It comes down to the age-old dynamic of supply and demand, …
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Category: National News
Date: Tue, 03 Mar 2026 16:41:32 +0000
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Texas Business Owners Sue State Over HUB Program Removal
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Description: Four business owners and a trade association sued the state of Texas on Monday, seeking to reverse acting Comptroller Kelly Hancock’s emergency rules altering a state program intended to give additional exposure to economically disadvantaged groups in government contracting. During …
Full content: Four business owners and a trade association sued the state of Texas on Monday, seeking to reverse acting Comptroller Kelly Hancock’s emergency rules altering a state program intended to give additional exposure to economically disadvantaged groups in government contracting. During …
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Category: Texas / South Central News
Date: Tue, 03 Mar 2026 16:23:51 +0000
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NextEra Utility Giant Agrees to $8M Settlement in Employee Retirement Class Action
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Description: Florida-based NextEra Energy Inc., one of the world’s largest electric utilities, has settled a class-action lawsuit, agreeing to pay $8 million to some 20,000 employees who said the company had mishandled retirement funds. Plaintiffs’ attorneys’ fees should not exceed 33% …
Full content: Florida-based NextEra Energy Inc., one of the world’s largest electric utilities, has settled a class-action lawsuit, agreeing to pay $8 million to some 20,000 employees who said the company had mishandled retirement funds. Plaintiffs’ attorneys’ fees should not exceed 33% …
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Category: Southeast News
Date: Tue, 03 Mar 2026 16:04:54 +0000
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People Moves: Holmes Murphy Adds Julik in North Dakota
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Description: Holmes Murphy announced its expansion into North Dakota with the hiring of Mark Julik. Julik joins Holmes Murphy with a wealth of insurance and construction–industry expertise, shaped by more than 18 years at Marsh McLennan Agency. During his tenure as …
Full content: Holmes Murphy announced its expansion into North Dakota with the hiring of Mark Julik. Julik joins Holmes Murphy with a wealth of insurance and construction–industry expertise, shaped by more than 18 years at Marsh McLennan Agency. During his tenure as …
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Category: Midwest News
Date: Tue, 03 Mar 2026 15:57:18 +0000
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London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates
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Description: London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday. Guidance from the Joint War Committee, which comprises syndicate …
Full content: London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday. Guidance from the Joint War Committee, which comprises syndicate …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 15:18:25 +0000
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People Moves: TDCI, Hilb Announce New Roles, New Faces
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Description: The Tennessee Department of Commerce and Insurance announced personnel changes at the department this week. Michael Barber, with 20 years of experience in the insurance industry, was named director of the Consumer Insurance Services section. Barber joined TDCI in 2018 …
Full content: The Tennessee Department of Commerce and Insurance announced personnel changes at the department this week. Michael Barber, with 20 years of experience in the insurance industry, was named director of the Consumer Insurance Services section. Barber joined TDCI in 2018 …
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Category: Southeast News
Date: Tue, 03 Mar 2026 14:52:34 +0000
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‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War
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Description: The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift dawned on the more than 3,500 importers, freight forwarders and ocean carriers gathered this week …
Full content: The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift dawned on the more than 3,500 importers, freight forwarders and ocean carriers gathered this week …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 14:49:20 +0000
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Judge Rejects Shell’s Bid to Overturn Arbitration Award With Venture Global
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Description: A New York state judge on Monday rejected British oil major Shell’s request to throw out an arbitration award that favored Venture Global in a dispute over the American company’s alleged improper sale of liquefied natural gas. Justice Joel Cohen …
Full content: A New York state judge on Monday rejected British oil major Shell’s request to throw out an arbitration award that favored Venture Global in a dispute over the American company’s alleged improper sale of liquefied natural gas. Justice Joel Cohen …
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Category: East News
Date: Tue, 03 Mar 2026 14:36:40 +0000
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Laken Riley’s Father Files Suit, Accuses Georgia University System of Negligence
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Description: The father of Laken Riley, who was killed on the campus of the University of Georgia by a Venezuelan man who lived nearby, is accusing the state university system of negligence that he says led to his daughter’s death. Jason …
Full content: The father of Laken Riley, who was killed on the campus of the University of Georgia by a Venezuelan man who lived nearby, is accusing the state university system of negligence that he says led to his daughter’s death. Jason …
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Category: Southeast News
Date: Tue, 03 Mar 2026 14:06:19 +0000
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Tariff-Refund Seekers Flock to Little-Known US Trade Court
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Description: Importers seeking their share of more than $130 billion in tariff refunds are flocking to a little-known U.S. trade court, which must now figure out how to deal with what is expected to be an explosion of cases. Multinationals such …
Full content: Importers seeking their share of more than $130 billion in tariff refunds are flocking to a little-known U.S. trade court, which must now figure out how to deal with what is expected to be an explosion of cases. Multinationals such …
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Category: National News
Date: Tue, 03 Mar 2026 13:35:24 +0000
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Meta Loses Insurance for Defense in Major Social Media Addiction Litigation
Author: Andrew G. Simpson
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Description: A Delaware judge has ruled insurers do not have a duty to defend Meta Platforms in the thousands of lawsuits that allege its Facebook and Instagram platforms harm children. Superior Court Judge Sheldon K. Rennie ruled Meta’s insurance companies are …
Full content: A Delaware judge has ruled insurers do not have a duty to defend Meta Platforms in the thousands of lawsuits that allege its Facebook and Instagram platforms harm children. Superior Court Judge Sheldon K. Rennie ruled Meta’s insurance companies are …
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Category: National News
Date: Tue, 03 Mar 2026 11:47:00 +0000
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MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources
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Description: Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasama Rakyat Malaysia …
Full content: Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasama Rakyat Malaysia …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 11:29:14 +0000
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Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens
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Description: As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …
Full content: As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 10:58:47 +0000
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Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged
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Description: Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. Shipping through the Strait of Hormuz between Iran …
Full content: Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. Shipping through the Strait of Hormuz between Iran …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 10:30:46 +0000
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Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain
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Description: Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones …
Full content: Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones …
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Category: International & Reinsurance News
Date: Tue, 03 Mar 2026 07:23:25 +0000
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Iran War Poses New Risk to US Economic Resilience
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Description: A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of …
Full content: A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of …
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Category: National News
Date: Tue, 03 Mar 2026 06:14:00 +0000
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Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines
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Description: A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data showing a significant drop in workplace safety investigations and fines. …
Full content: A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data showing a significant drop in workplace safety investigations and fines. …
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Category: National News
Date: Tue, 03 Mar 2026 06:12:29 +0000
Local date: Tue, 03 Mar 2026 06:12:29 +0000
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