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News Archives - Insurance Journal
Trump Extends Deadline for Striking Iran’s Energy Plants Into April
U.S. President Donald Trump said he would again extend the deadline for Iran to reopen the Strait of Hormuz or face the destruction of its energy plants, after Tehran had earlier rejected a 15-point U.S. proposal to end the fighting …
POSTED MARCH 27, 2026 9:22 AM |
Iran Built Vast Camera Network to Control Dissent. Israel Turned it Into Targeting Tool
The role of Israel’s hijacking of Iran’s street cameras in the killing of the country’s supreme leader underscores how surveillance systems are increasingly being targeted by adversaries in wartime. Hundreds of millions of cameras have been installed above shops, in …
POSTED MARCH 27, 2026 8:54 AM |
US Warns on Bab El-Mandeb Strait After Iran Shipping Threat
The US warned that Iran-backed Houthi militants could start firing on vessels in the Bab El-Mandeb Strait after Tehran raised the possibility of extending barriers to global shipping during the ongoing war. The US Department of Transportation’s Maritime Administration issued …
POSTED MARCH 27, 2026 8:39 AM |
Bessent Says Hormuz Ships Insurance Program to Start Soon
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered …
POSTED MARCH 27, 2026 8:13 AM |
Energy Fallout From Iran War Signals Global Wake-Up Call for Renewable Energy
The war in Iran is exposing the world’s reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway …
POSTED MARCH 27, 2026 5:15 AM |
Odey Allegedly Told Staffer He Could ‘Attack’ Her After Alcohol-Fueled Lunch
Ex-hedge fund boss Crispin Odey cornered a female receptionist after an alcohol-fueled lunch and told her “I could attack you now,” according to a diary entry by the staffer revealed at a London court on Tuesday. When she verbally resisted …
POSTED MARCH 27, 2026 5:10 AM |
Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati
A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The …
POSTED MARCH 27, 2026 5:01 AM |
RFK Allies Petition to Add More Than 300 Injuries to US Vaccine Injury Table
An anti-vaccine group aligned with U.S. Health Secretary Robert F. Kennedy Jr. is petitioning him to vastly broaden a federal list to include more than 300 injuries it says are linked to immunizations, and has threatened to sue if he …
POSTED MARCH 27, 2026 5:00 AM |
Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne
Coastal-focused homeowners and flood insurance broker ShoreOne Insurance Managers, Inc. has been acquired by Totalis Program Underwriters, a New York specialty insurance platform that is part of NFP, an Aon company. Terms of the deal were not disclosed. However, BrightShore …
POSTED MARCH 27, 2026 5:00 AM |
NCAA Asks Court to Stop DraftKings’ Use of ‘March Madness’ and Other Trademarks
The NCAA filed a complaint in federal court last week seeking an emergency restraining order to stop online sportsbook DraftKings from using registered trademarks associated with the NCAA men’s and women’s basketball tournaments. The complaint for trademark infringement was filed …
POSTED MARCH 27, 2026 5:00 AM |
West News Archives - Insurance Journal
People Moves: Gray Joins Alliant’s Northwest Employee Benefits Team
Melody Gray joined Alliant Insurance Services as vice president within its employee benefits group. Gray is based in Portland, Oregon, and will design and deliver a range of employee benefits solutions to a client base throughout the Pacific Northwest and …
POSTED MARCH 27, 2026 5:00 AM |
Marsh Risk Secures Insurance for Construction of Nuclear Power Plant in Wyoming
Marsh Risk said it has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1 in Kemmerer, Wyoming, considered the nation’s first commercial-scale, advanced nuclear power plant approved for construction by the Nuclear Regulatory Commission. According to Marsh, the placement is …
POSTED MARCH 26, 2026 2:17 PM |
Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members
Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in the state will receive …
POSTED MARCH 26, 2026 5:00 AM |
People Moves: ALKEME Names Stradling CFO; Machut and Quintero Join Alliant
ALKEME Insurance Appoints Stradling as Chief Financial Officer ALKEME Insurance named Ryan Stradling chief financial officer. Stradling has experience scaling organizations through execution, strategy and data-driven decision-making. Stradling has experience across the insurance, healthcare, and SaaS industries, where he has …
POSTED MARCH 26, 2026 5:00 AM |
Chevron Warns California Risks Fuel Crisis Unless Iran War Eases
Chevron Corp. is warning that California is careening toward an energy crisis because of the Iran war and that the company may quit refining oil in the state unless officials roll back taxes and regulations. California, the most populous US …
POSTED MARCH 25, 2026 2:20 PM |
Zoox to Widen Robotaxi Footprint With San Francisco, Vegas Expansion
Zoox, Amazon’s self-driving unit, said on Tuesday it will expand its robotaxi service in San Francisco and Las Vegas, and begin testing its purpose-built robotaxis in Austin and Miami, marking its broadest push yet into the U.S. autonomous ride-hailing market. …
POSTED MARCH 25, 2026 5:00 AM |
People Moves: Farmers Insurance Names Pham Chief Strategy & Risk Officer; Alliant Private Client Adds Yoshida as SVP
Farmers Insurance Appoints Pham as Chief Strategy & Risk Officer John Pham joined Farmers Insurance as chief strategy and risk officer, reporting to Farmers Group CEO Raul Vargas. Pham joins Farmers from GEICO, where he most was recently head of …
POSTED MARCH 25, 2026 5:00 AM |
California Sues Department of Energy Over Sable Oil Pipeline Restart
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 …
POSTED MARCH 24, 2026 2:37 PM |
Alphabet’s Wing to Start Drone Delivery in San Francisco Bay Area
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 …
POSTED MARCH 24, 2026 5:00 AM |
Hawaii’s Worst Flooding in 20 Years Prompts Evacuations
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 …
POSTED MARCH 23, 2026 3:34 PM |
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