Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area, according to chief executive officer Patrick Tiernan. Shippers seeking insurance for tankers going through the …
CISA Asks Companies to Secure Microsoft Tool After Stryker Cyberattack
The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp last week. The March 11 cyberattack hit Stryker’s computer systems, causing widespread disruption to its …
Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway
A “one in a million” malfunction during a live fire demonstration over Camp Pendleton last October led to a misfire that rained shrapnel on Interstate 5, striking two California Highway Patrol vehicles, a U.S. Marine Corps investigation found. An artillery …
Iran Attacks Energy Sites, Defying Trump Calls for Restraint
Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s assault on the …
‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos
A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday said an investigation …
India Offers Insurance Support as Small Exporters Face Cash-Flow Strain
Indian small and medium exporters are facing payment delays and cash‑flow stress as war‑risk premiums and emergency surcharges drive freight rates sharply higher, the trade ministry said on Thursday. Routes through conflict‑hit West Asia have seen a steep rise in …
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked in recent weeks, a sign that many importers aren’t confident yet in the Trump administration’s plans to create a claims process after the US Supreme Court struck down the president’s …
Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of businesses classes for some time, with recent market reports estimating that rates declined 4% in the fourth quarter of 2025 …
EU Moves to Ban AI That Creates Nonconsensual Sexual Images
Artificial intelligence tools that can be used to create nonconsensual sexual images may be banned in the European Union, following outcry after users used Elon Musk’s Grok service to generate thousands of undressed pictures of women and children. The European …
Countries Propose Safe Corridor to Free 20,000 Seafarers Stranded in Gulf
A proposal from the UN’s shipping agency on Wednesday calls for a safe maritime corridor to free some 20,000 seafarers stranded in the Gulf by war in Iran. Hundreds of vessels have dropped anchor since Tehran threatened to attack ships …
Vehicle Thefts Declined Nearly 25% Last Year: NICB
Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime found that vehicle thefts declined …
EU Sanctions Chinese and Iranian Companies for Cyberattacks
The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The EU listed China-based Integrity Technology Group and Anxun Information Technology, and Iranian company Emennet Pasargad. China’s foreign ministry said …
Tesla Is Sued by Survivor of Deadly Cybertruck Crash
Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically …
Los Angeles, US West Brace for Second Bout of Record March Heat
Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …
SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports
The U.S. Securities and Exchange Commission is preparing a proposal to scrap the requirement for companies to report their earnings every quarter and giving them the option to share results twice a year, the Wall Street Journal reported on Monday. …
TDI Names Tapp as Deputy Commissioner of Consumer Protection Division
The Texas Department of Insurance (TDI) announced Matthew Tapp as deputy commissioner of its Consumer Protection Division. Tapp will oversee the division, which helps Texans resolve insurance questions and complaints and protects consumers by overseeing agent and adjuster licensing. The …
Illinois Commercial Bakery Cited for Worker Safety Violations
The U.S. Department of Labor has cited a Chicago, Illinois-based commercial bakery for repeatedly exposing employees to safety hazards after a worker suffered a broken arm in September 2025 when clearing dough from a machine while working on the production …
Corpus Christi City Council to Address Looming Water Crisis
As drought tightens its grip on South Texas, city leaders in Corpus Christi are expected to deliver what could be the most sobering update yet on the region’s water supply outlook. At Tuesday’s city council meeting, officials are expected to …
DUAL North America Names Ashby CEO
DUAL Group announced the the appointment of Ed Ashby as chief executive officer, DUAL North America, effective March 23. Ashby will lead the U.S. business from New York, reporting to Richard Clapham, CEO, DUAL Group. Ashby joins from Axis, where …
Howden Announces Leadership Changes for Regional Restructuring
Howden, the London-based insurance broking group, announces leadership appointments and regional structure changes, aiming to better serve clients and insurer partners. Howden said the changes will more closely align expertise and shape the business to bring all of its growing …
Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Subscribe to Insurance Journal feed


