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News Archives - Insurance Journal
Flood Watches Stretch From Phoenix to Dallas on Polo Remnants
Remnants of Hurricane Polo are set to fuel a widespread flood threat across the US from the Southwest to the Midwest in coming days. Heavy rain from the storm has already caused flash flooding in parts of Utah and Nevada, …
POSTED SEPTEMBER 30, 2026 8:00 AM |
People Moves: Brown & Riding Adds Moraru to Property Practice
Brown & Riding has added Jonathan Moraru to its national property practice. With more than a decade of experience, Moraru specializes in middle-market to large and complex property and builder’s risk placements, serving clients across a wide range of industries, …
POSTED SEPTEMBER 30, 2026 8:00 AM |
Camp Mystic Owners Seek to Sell Property as Legal Troubles Grow
The owners of Camp Mystic have proposed selling off the riverfront property as part of a bankruptcy plan, with hopes that a buyer will preserve the camp’s “historic mission” following the death of 27 campers and counselors swept away by …
POSTED SEPTEMBER 30, 2026 7:00 AM |
People Moves: Ascot Makes Executive Leader Moves, Organizational Updates
Ascot Group Limited, a global specialty (re)insurance company, made several executive leadership appointments and organizational updates. Mark “Sarge” Pepper has been appointed president, global underwriting, effective October 1. In this expanded executive role, Pepper will lead Ascot’s efforts to elevate …
POSTED SEPTEMBER 30, 2026 5:37 AM |
Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity
Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Sept. 29 to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders. “AI offers great potential — both to threat actors and those buttressing …
POSTED SEPTEMBER 30, 2026 5:17 AM |
Appeals Court Upholds Thomson Reuters’ Landmark Win in AI Training Lawsuit
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine. The …
POSTED SEPTEMBER 30, 2026 5:12 AM |
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in the last year. “It’s a sign of the healthy marketplace: The …
POSTED SEPTEMBER 30, 2026 5:02 AM |
NY Governor Urges Review of Cornell Response to Assault Case
New York Governor Kathy Hochul called for an independent review of Cornell University’s handling of a 2024 incident at a fraternity that resulted in new allegations of rape and sexual assault this month. Hochul weighed in Tuesday on a case …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Viewpiont: Idaho Supreme Court Finds Minimum Limit UIM Coverage Illusory
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is a case about an injury sustained in an …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Six Flags Closes California Roller Coaster Targeted by Lawsuits
Six Flags Entertainment Corp. is permanently retiring the X2 roller coaster, which has been the subject of lawsuits alleging that the ride caused brain injuries. “While X2 consistently passed a multitude of safety tests, we have decided to close the …
POSTED SEPTEMBER 30, 2026 5:00 AM |
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