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News Archives - Insurance Journal

Shippers Fear Death More Than Costs as US Aims to Open Hormuz
Shippers remain doubtful of a wholesale return to the Strait of Hormuz while it remains beset by conflict, throwing cold wateron a Trump administration plan for US-backed insurance and naval escorts to clear passage through the vital waterway. “This is …

POSTED MARCH 31, 2026 10:23 AM
China’s Top Private Insurer Taps AI to Unlock $174 Billion Value
Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran without humans. Today, nearly 60% are automated, with some settled in just 51 seconds. The leap shows Ping An’s push into artificial intelligence, after …

POSTED MARCH 31, 2026 7:32 AM
Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port
An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital …

POSTED MARCH 31, 2026 7:13 AM
More Insurance M&A Deals on the Horizon?
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing “increased momentum” and another “stabilization.” Both, however, indicated that selectivity and strategic approaches characterized 2025 deals—a dynamic they believe …

POSTED MARCH 31, 2026 5:17 AM
Hacked Hospitals, Hidden Spyware: Iran Conflict Shows Digital Fight in Warfare
As they fled an Iranian missile strike, some Israelis with Android phones received a text offering a link to real-time information about bomb shelters. But instead of a helpful app, the link downloaded spyware giving hackers access to the device’s …

POSTED MARCH 31, 2026 5:11 AM
New Online Portal Will Allow a Deeper Dive Into Rural Tennessee
A new online dashboard will allow policymakers in Tennessee to move beyond superficial data and take a deep dive into why certain rural counties struggle, experts at East Tennessee State University said. The Tennessee Livability Indicators Dashboard was developed by …

POSTED MARCH 31, 2026 5:02 AM
A Little Behind Schedule But Execs Say Sypher is On Track for May Debut
It has taken more time than expected but leaders of a startup Florida insurance reciprocal believe they’re just weeks away from writing their first policies—and all without the assistance of takeouts from the state-created property insurer. “It has taken a …

POSTED MARCH 31, 2026 5:01 AM
LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk
Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire. The …

POSTED MARCH 31, 2026 5:00 AM
New York City Sues to Ban ‘Unlawful’ Empower Ridehail App
New York City sued ridehail app Empower and founder Joshua Sear, claiming the company has been operating unlawfully without a license the past few years even as the service gained popularity by offering cheap fares to customers. Empower has violated …

POSTED MARCH 31, 2026 5:00 AM
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …

POSTED MARCH 31, 2026 5:00 AM

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