News Center
News Archives - Insurance Journal
Tugboat in California Closes $3M Seed Round to Expand Claims Support
Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …
POSTED JUNE 15, 2026 1:01 PM |
Tech Update: Willis Unveils Tool to Help RMs Respond to Climate-Related Property Risks
Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk …
POSTED JUNE 15, 2026 12:44 PM |
Anthropic Block Marks US Reversal, Warning to Silicon Valley
The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly …
POSTED JUNE 15, 2026 11:42 AM |
Baldoni, Lively Fight Ends With Actress Awarded Legal Fees But No Damages
Blake Lively can recover some legal costs from fellow actor and director Justin Baldoni but not punitive damages and other relief she sought after settling her legal claims over their 2024 film “It Ends With Us,” a judge ruled Friday. …
POSTED JUNE 15, 2026 11:03 AM |
Scouring the Strait of Hormuz for Mines Could Take Weeks
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say. The operation by conventional minesweepers and state-of-the-art underwater …
POSTED JUNE 15, 2026 11:02 AM |
US and Iran Say They’ve Agreed Deal to Reopen Hormuz This Week
The US and Iran said they reached an interim peace agreement to reopen the Strait of Hormuz and move further toward ending a war that’s killed thousands of people across the Middle East. The development caused equities and bonds to …
POSTED JUNE 15, 2026 10:50 AM |
UK Forces Board Sanctioned Tanker in Russian Shadow-Fleet Raid
British forces boarded a sanctioned oil tanker in the English Channel early on Sunday, the first UK-led operation of its kind targeting Russia’s so-called shadow fleet. Royal Marine Commandos and officers from the National Crime Agency boarded the Smyrtos in …
POSTED JUNE 15, 2026 10:33 AM |
Tata’s iPhone Parts Factory Contaminated Farmland Water, India Pollution Body Alleges
An Indian pollution regulator has alleged wastewater discharged from a Tata components factory for Apple’s iPhone has contaminated the groundwater for nearby farms and warned of a forced shutdown unless Tata gives a satisfactory explanation. India’s Tata Electronics is central …
POSTED JUNE 15, 2026 9:18 AM |
Update: Shipowners Seek Details on Hormuz Deal Before Resuming Transits
A US-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders, with many saying they would need more details in order to assess whether safe transits are possible after months …
POSTED JUNE 15, 2026 5:38 AM |
Wall Street Is Gaining Access to New Catastrophe Models to Help Predict Wars
As Wall Street races to incorporate war into its risk scenarios, the same people modeling natural catastrophes are now adapting their methodology to help investors, banks and insurers predict military conflicts. Since 2008, the number of countries engaged in external …
POSTED JUNE 15, 2026 5:03 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Sutter McLellan and Gilbreath confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|