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News Archives - Insurance Journal
People Moves: Howden Names Jimenez Leader of US Aviation Practice; Liberty Promotes Hyatt to Head NA Distribution, Client Engagement
Howden, the global insurance broking group, launched its new U.S. Aviation Practice, led by Julio Jimenez, aviation practice leader. Jimenez is a seasoned leader whose ability to build and inspire teams is matched by his experience and expertise across the …
POSTED MAY 22, 2026 5:31 AM |
Markets/Coverages: Canopius Launches Cyber-Triggered Spoilage Cover for Perishable Stock
Canopius Group, the London-based specialty and property/casualty re/insurer, announced the launch of a spoilage product, a cyber-triggered spoilage cover designed to protect businesses when a cyber incident renders their perishable stock unsellable. When cyber incidents impact the systems that manage …
POSTED MAY 22, 2026 5:15 AM |
Airbus, Air France Found Guilty of Manslaughter Over 2009 Atlantic Crash
Airbus and Air France were found guilty on Thursday of corporate manslaughter by a Paris appeals court over the 2009 Rio-Paris plane crash that killed 228 passengers and crew, three years after being acquitted in a lower court. “Justice has …
POSTED MAY 22, 2026 5:10 AM |
Meta Settles First Case Over School Costs Tied to Youth Mental Health: Court Filing
Meta Platforms on May 21 settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement …
POSTED MAY 22, 2026 5:07 AM |
Reaction Muted After Former Staffer Details Texts from NC Insurance Commissioner
Reaction to allegations that North Carolina Insurance Commissioner Mike Causey sent suggestive texts to a staff member over several years has been muted. Causey declined to comment to Insurance Journal a day after the Raleigh News & Observer reported that …
POSTED MAY 22, 2026 5:01 AM |
People Moves: Commissioner Kuderer to Chair NAIC’s Child Care Insurance Working Group
Washington Insurance Commissioner Patty Kuderer has been selected to chair the National Association of Insurance Commissioners’ new Child Care Insurance Working Group. The new working group will explore possible solutions and make recommendations for state insurance regulators to use with …
POSTED MAY 22, 2026 5:00 AM |
What to Know About Midair Collision Between Navy Jets At Idaho Air Show
After the two Navy jets collided in midair, the planes sandwiched together, all four crew members were able to eject and deploy their parachutes, floating down to safety as the aircraft careened into a field, exploding into a fireball. The …
POSTED MAY 22, 2026 5:00 AM |
‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey …
POSTED MAY 22, 2026 4:11 AM |
One of World’s Largest Energy Storage Plants Launches in South Dakota
This small city in rural northeastern South Dakota has established itself as an energy hub for the entire Great Plains region, and that reputation has received a big boost by landing what will be among the world’s largest energy storage …
POSTED MAY 21, 2026 4:50 PM |
Markets/Coverages: MGA Rokstone Launches Cargo Stock-Only Cover for Inventory Risk
Rokstone, the international specialty re/insurance MGA, announced the launch of a cargo stock-only program, supported by US$25 million of capacity, to support brokers and their clients with smarter, more flexible coverage and competitive premiums. One of just a handful of …
POSTED MAY 21, 2026 4:38 PM |
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