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News Archives - Insurance Journal
DEI Programs Are Dwindling But the Trump Administration Isn’t Done
After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives. Last week it was a review of Walt Disney Co. television station …
POSTED MAY 04, 2026 10:49 AM |
Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says
Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …
POSTED MAY 04, 2026 10:33 AM |
China’s Unprecedented Defiance of US Sanctions Triggers Showdown
China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies. Beijing has often railed against unilateral sanctions …
POSTED MAY 04, 2026 9:50 AM |
Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses
The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …
POSTED MAY 04, 2026 9:13 AM |
Plane Crashes in Texas Hill Country, Killing 5 Pickleball Players
Five members of a pickleball club who died after the small plane carrying them crashed in Texas are being mourned by a tight-knit community of fellow players. The Texas Department of Public Safety confirmed Saturday that Justin Appling, Hayden Dillard, …
POSTED MAY 04, 2026 7:00 AM |
SpaceX Sued for Alleged Home Damage in South Texas
A group of 80 South Texas plaintiffs are suing Elon Musk’s aerospace company SpaceX, alleging its rocket testing caused “massive” sonic booms that damaged their houses repeatedly over a two-year period. The lawsuit was filed in the U.S. Southern District …
POSTED MAY 04, 2026 6:00 AM |
CISA Weighs Cutting Deadlines to Fix Digital Flaws Amid Worries Over AI
U.S. cybersecurity officials are considering sharply shorter deadlines for fixing critical flaws in government IT systems, amid concerns hackers could exploit them using artificial‑intelligence tools such as Anthropic’s Mythos, people familiar with the matter said. The move, which has not …
POSTED MAY 04, 2026 5:15 AM |
Misclassification Costs Workers, Social Insurance
As many as 10–30% of employers misclassify workers at an enormous cost to both workers and social insurance systems. New analysis from the National Employment Law Project, focusing on state-level reports on employee misclassification, estimates that social insurance systems can …
POSTED MAY 04, 2026 5:12 AM |
KBRA Assigns Issuer Rating to Universal, as Q1 Results Mark ‘Fantastic’ Start to 2026
KBRA, the Kroll Bond Rating Agency, has assigned a BBB issuer rating to Universal Insurance Holdings, along with a BBB credit rating, ahead of the Florida insurance holding company’s refinance of $100 million in unsecured notes. The ratings are slightly …
POSTED MAY 04, 2026 5:03 AM |
Berkshire CEO Abel Says Insurance Becoming Increasingly Competitive
Berkshire Hathaway reported improved first-quarter performance from the conglomerate’s insurance businesses, but CEO Greg Abel told investors the sector faces competitive headwinds. “The reality is that … as our insurance business softens, we cannot realize the value we should for …
POSTED MAY 04, 2026 5:03 AM |
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