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News Archives - Insurance Journal
Marsh Reports 6% Revenue Increase in Q2, as Reinsurance Unit Sees 2% Decline
Insurance broker Marsh reported consolidated revenue of $7.4 billion during the second quarter, an increase of 6% over Q2 2025, or 5% on an underlying (organic) basis. Q2 operating income increased 4% to $1.9 billion, while net income attributable to …
POSTED JULY 21, 2026 2:36 PM |
Markets/Coverages: WBN Launches Duty of Care Offering for Mobile Workforces; Rokstone Gains Capacity for Autotransporter Solution
Independent insurance broking and employee benefits network Worldwide Broker Network (WBN) launched Duty of Care Zone, a dedicated resource designed to help multinational organizations build coordinated, gap-free strategies to ensure globally mobile workforces are supported and compliant. The launch comes …
POSTED JULY 21, 2026 2:33 PM |
People: Georgia’s Walker Named President of National Benefits and Insurance Group
Mychal Walker, owner of an insurance agency in Duluth, Georgia, has been named president of the National Association of Benefits and Insurance Professionals. He succeeds Susan Rider. Walker is president of The Walker Agency, a retirement planning firm, and is …
POSTED JULY 21, 2026 2:09 PM |
Iran’s Forces Attack Bahrain and Kuwait After US Hits Iranian Ports and Cities
U.S. forces bombed Iran’s south and west after President Donald Trump said Tehran would pay dearly for the deaths of American soldiers, while Iran targeted U.S. sites in Bahrain, Kuwait and Jordan on Tuesday and a tanker was hit in …
POSTED JULY 21, 2026 1:31 PM |
Buffalo Man Pleads Guilty to Arson That Destroyed The Old Pink
In the early morning hours of June 17, 2024, the Buffalo Fire Department (BFD) responded to the scene of a fire at 223 Allen Street, a restaurant/bar known as The Old Pink. The building was engulfed in flames and was …
POSTED JULY 21, 2026 1:07 PM |
WR Berkley Reports Q2 Net Income Increase of 12.7%
Second quarter 2026 net income at W.R. Berkley Corp. increased about 12.7% compared to the same period a year ago to about $452.3 million. Operating income for the second quarter was $497.1 million, up from $420.5 million during the same …
POSTED JULY 21, 2026 12:58 PM |
Ten Workers Die After India Hydro Project Tunnel Collapses
At least 10 workers died and more maybe trapped after an under-construction tunnel at a hydroelectric project collapsed in India’s northeastern state of Sikkim. The tunnel at state-run NHPC Ltd.’s 500-megawatt Teesta-VI project caved in around midday on Monday after …
POSTED JULY 21, 2026 9:59 AM |
Rising Professional Boxer Killed in Texas Bicycle Incident
A rising professional boxer who was riding her bicycle along a rural Texas road died after officials say a motorist drove by her, stopped and then reversed into her. Hannah Rapp, 26, was riding with another person Saturday morning when …
POSTED JULY 21, 2026 9:00 AM |
Red Sea War Insurance Costs Rise After Houthi Blockade, Sources Say
The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen’s Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance industry sources said. The move by the …
POSTED JULY 21, 2026 8:51 AM |
Insurance Woes Amid US-Iran War Stall Airlines’ Return to Dubai
Challenges in securing insurance as hostilities between the US and Iran escalate are slowing the return of some foreign airlines to Dubai, the chief executive of the entity that owns and manages its airports said. International carriers’ operations to Dubai …
POSTED JULY 21, 2026 8:28 AM |
West News Archives - Insurance Journal
People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
Mutual of Enumclaw Insurance Holding Company Appoints Roddy as CFO Mutual of Enumclaw (MOE), headquartered in Enumclaw, Washington, appointed Scott Roddy as chief financial officer (CFO) of the Mutual of Enumclaw Insurance Holding Company. Roddy brings more than 20 years …
POSTED JULY 21, 2026 5:00 AM |
LA Dodgers Owner’s Insurers Being Probed by Prosecutors
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from U.S. prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge …
POSTED JULY 21, 2026 5:00 AM |
License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused
Utah revoked another campus license on Friday for the boarding school where Paris Hilton said she was abused as a teenager, marking a major victory in the hotel heiress’ yearslong effort to get the school shut down. The Utah Department …
POSTED JULY 20, 2026 2:26 PM |
California Utility Has Offered $750M in Program for Eaton Fire Victims
Southern California Edison announced that more than $750 million has been offered through its Wildfire Recovery Compensation Program to compensate people impacted by one of the massive 2025 Los Angeles wildfires. The company said there’s continued interest in its voluntary …
POSTED JULY 20, 2026 5:00 AM |
Taco Bell Lettuce From California Farm Supplier Linked to Cyclosporiasis Outbreak
Shredded iceberg lettuce supplied to Yum Brands’ Taco Bell restaurants by California-based supplier Taylor Farms has been identified by investigators as a potential source of contamination in the cyclosporiasis outbreak that has sickened thousands of people in the U.S., the …
POSTED JULY 17, 2026 1:37 PM |
People Moves: Gabbay Elected to CopperPoint Board of Directors
CopperPoint Insurance Company elected Steve Gabbay to the CopperPoint Mutual Insurance Holding Company board of directors. Since 2009, Gabbay has been the chief operating officer of YAM Worldwide, which operates more than a dozen companies across a variety of industries. …
POSTED JULY 17, 2026 5:00 AM |
California Rivals Have Starkly Different Plans to Remake Home Insurance
As high temperatures bake California and strong winds make it more susceptible to fire, voters in the state are being wooed by political candidates with divergent visions for how to protect homes from stepped-up climate risks. California has the nation’s …
POSTED JULY 17, 2026 5:00 AM |
Risk Theory Launches Jupiter Platinum Home E&S Product in California
Risk Theory Insurance Services launched Jupiter Platinum Home, a primary excess and surplus product for high-net-worth homeowners in California. The program, with capacity from Amherst Specialty Insurance, is built for homes with a $750,000 dwelling limit up to $25 million …
POSTED JULY 16, 2026 5:00 AM |
Busy Wildfire Season in West Tests Fire Bosses as They Juggle Resources
It’s already been a deadly year for firefighters, and authorities have been putting resources where they can more quickly pounce on wildfires before they get out of hand and increase the possibility of additional loss of life and property. Fire …
POSTED JULY 16, 2026 5:00 AM |
PG&E Says Power Shutoffs Required in California on Wildfire Risk
PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in …
POSTED JULY 15, 2026 7:21 PM |
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