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News Archives - Insurance Journal
Data Centers Offer a Potential $10 Billion Windfall for Insurers
Soaring demand for insurance coverage related to data center construction is creating a “meaningful growth opportunity” for the industry, outstripping some traditional insurance markets, according to S&P Global Ratings. The market for such coverage could reach $10 billion in premiums …
POSTED APRIL 14, 2026 8:24 AM |
Austria Races to Secure Power Supplies as ‘Peak Water’ Looms
Austria’s economic model has long been anchored in Alpine water flowing through turbines to generate power for homes and businesses, but as climate change redraws the country’s hydrological map, it faces a structural shift and geopolitical tensions have heightened the …
POSTED APRIL 14, 2026 5:05 AM |
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage
Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days—for the sixth time in two years—suggesting that a runoff of the once-dominant carrier’s policies may be taking longer than expected in a still-stressed Florida mobile …
POSTED APRIL 14, 2026 5:01 AM |
Report: California Has Largest Flood Coverage Gap in US
California has one of the largest flood insurance coverage gaps in the country, a new report shows. Neptune Flood released a new report showing residential flood insurance penetration across the state is 1.4%, despite 2.3 million properties facing flood risk …
POSTED APRIL 14, 2026 5:00 AM |
Federal Aid Available for Washington Residents Impacted by Floods
Federal disaster assistance has been made available for Washington residents impacted by the December 2025 floods. The Federal Emergency Management Agency made aid is available to people in the counties of Chelan, Grays Harbor, King, Lewis, Pacific, Pierce, Skagit, Snohomish, …
POSTED APRIL 14, 2026 5:00 AM |
Pennsylvania Approves 1.2% Workers’ Compensation Costs Reduction
Pennsylvania regulators have approved a decrease of 1.22% in loss costs for workers’ compensation insurance effective April 1. New or renewed policies issued on or after that date will reflect the updated loss costs. Because loss costs are factored into …
POSTED APRIL 14, 2026 5:00 AM |
Connecticut Senate Confirms Hershman as Insurance Commissioner
The Connecticut Senate has confirmed Josh Hershman as the state’s 34th insurance commissioner. Hershman has served as commissioner in an interim capacity since December 2025, replacing Andrew N. Mais who retired from state service last year after nearly seven years …
POSTED APRIL 14, 2026 5:00 AM |
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist
In a case involving a rental car hit by an uninsured motorist, the Connecticut Supreme Court has ruled that the auto insurance policy of the driver that extended bodily injury coverage to the rental car must also provide uninsured motorist …
POSTED APRIL 14, 2026 5:00 AM |
Prosecutor Identifies Victim in Fatal Shooting at New Jersey Chick-Fil-A
Officials in Union Township, New Jersey released the identity of the individual killed during Saturday night’s shooting at Chick-Fil-A on Route 22. The deceased has been identified as Malek Shepherd, age 23, of New York City, according to the Union …
POSTED APRIL 13, 2026 11:42 PM |
People Moves: Everest’s Izzo Joins AXIS as CCO; Liberty Mutual Elects Canney to Board of Directors
Everest’s Izzo Joins AXIS as Chief Commercial Officer AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, appointed Anthony Izzo as chief commercial officer. Izzo will report directly to Vince Tizzio, President and CEO of AXIS, and will work out of …
POSTED APRIL 13, 2026 6:46 PM |
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