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News Archives - Insurance Journal
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025
Insurance claims volumes in the United States declined across most lines in 2025 due at least in part to less severe weather, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. …
POSTED APRIL 15, 2026 5:09 AM |
CRC Group Adds Murphy as Casualty Broker; Peachtree Group Names Morey VP
CRC Group, a wholesale specialty insurance distributor, has added a broker to its specialty team, based in Charlotte, North Carolina. Will Murphy has experience in commercial insurance advisory and casualty brokerage, with a focus on business development and client engagement, …
POSTED APRIL 15, 2026 5:02 AM |
With Florida Businesses Facing Higher Costs, is Premium Financing an Answer?
Florida’s population is growing rapidly, with over 23 million residents currently, and a projected growth of approximately 1.24% annually. Florida’s attractive business climate and tax policies, in contrast to states like New York and California, keep its competitive draw for …
POSTED APRIL 15, 2026 5:02 AM |
Bodies of 2 Workers Found Days After Collapse at Hospital Parking Garage
The bodies of two workers trapped when a stairwell roof collapsed at a parking garage under construction in Philadelphia have been found, authorities announced Monday morning. The section of roof at the Children’s Hospital of Philadelphia’s garage fell Wednesday, triggering …
POSTED APRIL 15, 2026 5:00 AM |
Personnel Staffing to Pay $155K in Sex Discrimination Charge
Alabama-nbased Personnel Staffing Inc., a staffing service for more than 15 southeastern states U.S., will pay $155,000 to a class of female employees, as the result of an investigation by the Equal Employment Opportunity Commission (EEOC). The EEOC said its …
POSTED APRIL 15, 2026 5:00 AM |
Seven States in West Added to IBHS Expands Wildfire Prepared Program
Seven new states in the Western U.S. are now part of a new wildfire preparedness designation program designed to help homeowners and builders in high-risk areas better protect properties and neighborhoods. The states were among 10 added to the Insurance …
POSTED APRIL 15, 2026 5:00 AM |
World Insurance Adds C&A Insurance Agency That Serves New York’s Diverse Communities
Insurance broker World Insurance Associates LLC reports it acquired the business of C&A Insurance Agency of New York, New York on December 31, 2025. Established in 1985, C&A Insurance provides insurance to individuals, families, and businesses across New York and …
POSTED APRIL 15, 2026 5:00 AM |
People Moves: Marsh Gives CFO McGivney Added Role of COO, Names Griffith Global Logistics Practice Leader, Marsh Risk; Costonis Is Resource Pro President of Insurance Solutions
Marsh appoints CFO McGivney as EVP and COO; Names Griffith Global Logistics Practice Leader, Marsh Risk Marsh named Chief Financial Officer Mark McGivney to the additional roles of executive vice president (EVP) and chief operating officer (COO) of the firm, …
POSTED APRIL 15, 2026 5:00 AM |
JD Power: Vehicle Complexity Complicates Auto Valuation
The number of unique vehicle configurations sold in the U.S. surpassed 600,000 in the 2025 model year, creating a growing challenge for auto insurers as they work to capture the configuration and replacement value of modern vehicles. JD Power shared …
POSTED APRIL 15, 2026 5:00 AM |
Public Interest Groups Backing California Homeowners Insurance Bills
A coalition of 40 groups ranging from wildfire survivors to environmental to small business to and community organizations called on lawmakers to pass four bills in California Legislature they say will help people buy and keep homeowners insurance coverage. The …
POSTED APRIL 15, 2026 5:00 AM |
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