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News Archives - Insurance Journal

Florida Contractor Charged With Avoiding $1M in Workers’ Comp Premiums
Florida authorities have charged a contractor with underreporting payroll and avoiding more than $1 million in workers’ compensation insurance premiums. Jacques G. Denomme, of Port St. Lucie, was arrested in Martin County and released on bond earlier this month, after …

POSTED MARCH 18, 2026 3:33 PM
Markets/Coverages: Marsh Risk Launches for US Excess Casualty Capacity; CRC Specialty Enhances Insurisk to Meet Needs of Data Centers
Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certainty, and superior policy …

POSTED MARCH 18, 2026 3:26 PM
Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less
Legislation that would have waived building permits for jobs valued at up to $7,500 failed to pass the Florida House this year, but the key clause found its way into another bill that is now awaiting the governor’s signature. “A …

POSTED MARCH 18, 2026 2:44 PM
Trump Again Vows to Block Wind Turbines During His Presidency
US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proudly telling you that …

POSTED MARCH 18, 2026 2:26 PM
US Home Insurance Prices Set to Keep Rising With Severe Weather
US home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected to increase 4% to about $3,057 this …

POSTED MARCH 18, 2026 2:15 PM
Proscecutor Drops Charges Against Teen in Georgia Prank Gone Wrong
A Georgia prosecutor has decided to drop charges against a teenager who police say was driving the truck that struck and killed a beloved high school teacher when a prank turned deadly, the teen’s lawyer said. The victim’s family had …

POSTED MARCH 18, 2026 1:52 PM
Iran Warns Gulf Nations of Major Response After Gas Field Strike
ran warned countries around the Persian Gulf that a number of energy assets are now “legitimate targets” after Israel attacked its giant South Pars gas field, sending further shockwaves through oil and gas markets. Facilities in Qatar, Saudi Arabia and …

POSTED MARCH 18, 2026 1:49 PM
Rikers Island Corrections Officer Cops to Falsifying Workers’ Compensation Claims
A corrections officer at the Rikers Island jail complex pled guilty yesterday to receiving more than $370,000 in workers’ compensation benefits based on fake injury claims, according to federal prosecutors. U.S. Attorney for the Southern District of New York Jay …

POSTED MARCH 18, 2026 12:31 PM
Greek Firms Scan Computer Systems as Iran War Raises Cyberattack Risks, Sources Say
Greek shipowners and other companies are scanning their computer systems for evidence of cyberattacks after advice from the National Cybersecurity Authority, two sources said on Wednesday following incidents that have been linked to the Iran war. The authority last week …

POSTED MARCH 18, 2026 11:57 AM
JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
A combination of faster repair and payment cycle times, along with enhanced digital capabilities, has helped drive significant improvements in the overall customer experience with the property claims process in the United States. JD Power reported those findings while announcing …

POSTED MARCH 18, 2026 9:29 AM

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