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News Archives - Insurance Journal
Markets/Coverages: Coalition Provides Expended Cyber Protection in Canada
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it is offering expanded cyber cover in Canada. Coalition said its “Active Cyber Policy” expands protection for Canadian organizations facing faster-moving ransomware attacks, AI-enabled fraud, and growing regulatory …
POSTED MARCH 13, 2026 9:58 AM |
Iran’s New Supreme Leader Vows to Keep Hormuz Shut, Netanyahu Issues Threat
Iran will fight on and keep the Strait of Hormuz shut as leverage against the United States and Israel, new Supreme Leader Mojtaba Khamenei said on Thursday in defiant first comments attributed to him since he succeeded his slain father. …
POSTED MARCH 13, 2026 9:29 AM |
Satellite Firm ICEYE Targets €1 Billion Revenue Next Year
Finnish satellite intelligence company ICEYE Oy is on track to grow revenue to more than €1 billion ($1.2 billion) next year as a raft of government orders allows it to ramp up production. Revenue last year exceeded €250 million, more …
POSTED MARCH 13, 2026 9:02 AM |
Canadian Telecom Telus Says It’s Investigating Cyber Breach
Canadian telecommunications provider Telus Corp. said it’s investigating a cybersecurity incident. The breach involves “unauthorized access to a limited number of our systems,” a spokesperson for Telus Digital said by email. “Upon discovery, we took immediate steps to address the …
POSTED MARCH 13, 2026 8:39 AM |
Top Africa Insurer Sanlam Flags ‘Massive’ Risks From Iran War
Sanlam Ltd. sounded the alarm about the impact of a protracted war in the Middle East, with Africa’s biggest insurer saying the conflict could have a “massive” impact on its performance. The escalating tensions will hurt earnings of the firm …
POSTED MARCH 13, 2026 8:22 AM |
AM Best Upgrades Credit Ratings for Members of CapSpecialty
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation, both of Middleton, Wisconsin, and Platte …
POSTED MARCH 13, 2026 8:00 AM |
Prices for New Cars Have Soared. Here’s One Big Reason Why
The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers have framed the issue around partisan lines. U.S. President Donald …
POSTED MARCH 13, 2026 7:12 AM |
People Moves: Anders Joins Alliant Insurance Services’ Employee Benefits Group
Reed Anders joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Chicago, Illinois, Anders has led cross-functional teams across finance, accounting, HR, compliance, IT, and operations. He began his career …
POSTED MARCH 13, 2026 7:00 AM |
Former Michigan Linebackers Coach Sues University Over Firing
ormer Michigan linebackers coach Chris Partridge sued the university, its board of regents and its athletics director Wednesday for firing him in 2023 while the NCAA investigated allegations of in-person scouting and sign-stealing. Partridge’s lawsuit filed in U.S. District Court …
POSTED MARCH 13, 2026 6:28 AM |
Suspect Killed After Ramming Vehicle Into Michigan Synagogue
A man was killed after ramming his vehicle into the front doors of a synagogue in suburban Detroit on Thursday afternoon, setting off an exchange of gunfire with security officers and a large police response, authorities said. Oakland County Sheriff …
POSTED MARCH 13, 2026 6:25 AM |
West News Archives - Insurance Journal
Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
Every summer, people living near the Mendenhall River in Juneau, Alaska, keep a close eye on the water level. When the river level begins to rise rapidly, it’s a sign that Suicide Basin, a small glacier-dammed lake 5 miles up …
POSTED MARCH 13, 2026 5:00 AM |
Muni Bonds in California Get Expensive Amid Flurry of Demand
Municipal bond investors are clamoring for tax-free debt sold by California issuers. That demand is benefiting borrowers across the state — even ones without AAA credit ratings. In general, U.S. state and local government debt has gotten more expensive this …
POSTED MARCH 13, 2026 5:00 AM |
People Moves: Surplus Lines Association of Washington Elects Board of Directors
The Surplus Lines Association of Washington elected officers for the upcoming term at their 2026 annual meeting, including President Cristi Carrington, Vice President Gretchen Echelbarger, Secretary/Treasurer Katy Peterson, and Past President Connie Divelbiss. The association also announced the election of …
POSTED MARCH 13, 2026 5:00 AM |
Once a Beacon of Cheap Homes, Nevada Is a Symbol of the Struggle With High Costs
When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …
POSTED MARCH 12, 2026 5:00 AM |
Vouch in California Adds Financial, Health & Life Sciences and Professional Services
Vouch is expanding its brokerage services into financial services, health & life sciences and professional services. The San Francisco, California-based company is extending its capabilities to verticals with similar risk patterns it already serves: investor scrutiny, regulatory requirements and coverage …
POSTED MARCH 12, 2026 5:00 AM |
Millionaire Tax Advances in Washington State as Legal Duel Looms
Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight over a nearly century-old legal ruling. The state’s Democratic-controlled House of Representatives …
POSTED MARCH 12, 2026 5:00 AM |
Record March Heat to Scorch Los Angeles, US Southwest
An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …
POSTED MARCH 11, 2026 3:38 PM |
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub
If all goes according to plan for the nation’s second-largest sovereign wealth fund, a barren stretch of desert in Albuquerque’s plains will soon become a research center where scientists replicate nuclear fusion — the process that powers the sun and …
POSTED MARCH 11, 2026 2:31 PM |
California DMV Renewed His License After Crash Killed a Child – Then Hid His Records
Placer County prosecutors wanted any information the California Department of Motor Vehicles had on Kostas Linardos, who drove a three-ton pickup truck at high speed into the back of a sedan in late 2022, killing a toddler. The district attorney’s …
POSTED MARCH 11, 2026 5:00 AM |
A-MAX Insurance Acquires Best Buy Insurance in Arizona
A-MAX Insurance acquired Best Buy Insurance, an Arizona-based agency. The deal marks A-MAX’s first physical expansion into the Arizona market. Best Buy Insurance was established in 1996. A-MAX operates more than 200 locations nationwide, providing access to non-standard and standard …
POSTED MARCH 11, 2026 5:00 AM |
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