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News Archives - Insurance Journal
China’s Top Private Insurer Taps AI to Unlock $174 Billion Value
Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran without humans. Today, nearly 60% are automated, with some settled in just 51 seconds. The leap shows Ping An’s push into artificial intelligence, after …
POSTED MARCH 31, 2026 7:32 AM |
Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port
An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital …
POSTED MARCH 31, 2026 7:13 AM |
More Insurance M&A Deals on the Horizon?
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing “increased momentum” and another “stabilization.” Both, however, indicated that selectivity and strategic approaches characterized 2025 deals—a dynamic they believe …
POSTED MARCH 31, 2026 5:17 AM |
Hacked Hospitals, Hidden Spyware: Iran Conflict Shows Digital Fight in Warfare
As they fled an Iranian missile strike, some Israelis with Android phones received a text offering a link to real-time information about bomb shelters. But instead of a helpful app, the link downloaded spyware giving hackers access to the device’s …
POSTED MARCH 31, 2026 5:11 AM |
New Online Portal Will Allow a Deeper Dive Into Rural Tennessee
A new online dashboard will allow policymakers in Tennessee to move beyond superficial data and take a deep dive into why certain rural counties struggle, experts at East Tennessee State University said. The Tennessee Livability Indicators Dashboard was developed by …
POSTED MARCH 31, 2026 5:02 AM |
A Little Behind Schedule But Execs Say Sypher is On Track for May Debut
It has taken more time than expected but leaders of a startup Florida insurance reciprocal believe they’re just weeks away from writing their first policies—and all without the assistance of takeouts from the state-created property insurer. “It has taken a …
POSTED MARCH 31, 2026 5:01 AM |
LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk
Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire. The …
POSTED MARCH 31, 2026 5:00 AM |
New York City Sues to Ban ‘Unlawful’ Empower Ridehail App
New York City sued ridehail app Empower and founder Joshua Sear, claiming the company has been operating unlawfully without a license the past few years even as the service gained popularity by offering cheap fares to customers. Empower has violated …
POSTED MARCH 31, 2026 5:00 AM |
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …
POSTED MARCH 31, 2026 5:00 AM |
Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’
Pop megastar Taylor Swift was sued by a Las Vegas performer on Monday who said Swift’s latest hit album “The Life of a Showgirl” violates her trademark rights. Maren Wade said in the complaint that marketing for Swift’s album threatened …
POSTED MARCH 30, 2026 6:08 PM |
West News Archives - Insurance Journal
LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk
Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire. The …
POSTED MARCH 31, 2026 5:00 AM |
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …
POSTED MARCH 31, 2026 5:00 AM |
Hawaii to Take Over Aging Dam After Failure Scare During Floods
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …
POSTED MARCH 30, 2026 1:42 PM |
Study: Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses
A new analysis from the California Department of Insurance and the National Association of Insurance Commissioners shows that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to a standard set by the Insurance Institute for Business …
POSTED MARCH 30, 2026 5:00 AM |
Inszone Acquires Streeter Brothers Insurance in Montana
Inszone Insurance Services acquired Streeter Brothers Insurance in Billings, Montana. Streeter Brothers Insurance will continue operating from its current Billings location, with the existing team remaining in place. Founded in 1922 by Delton and Delbert Streeter, Streeter Brothers Insurance has …
POSTED MARCH 30, 2026 5:00 AM |
The Scope of Damage From Hawaii’s Floods Becomes Clearer
The worst flooding to hit Hawaii in two decades has swept homes off their foundations, floated cars out of driveways and left floors, walls and counters covered in thick, reddish volcanic mud. Authorities said hundreds of homes had been damaged, …
POSTED MARCH 27, 2026 1:33 PM |
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 |
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