News Center
News Archives - Insurance Journal
Markets/Coverages: MGA Optio Launches $150M Political Violence & Terrorism Cover
Optio Group, the London-based, independent specialty MGA, announced the launch of new political violence and terrorism (PVT) binders, backed by 100% Lloyd’s of London capacity. The new product provides a US$150 million limit, ensuring comprehensive protection against both physical and …
POSTED JUNE 12, 2025 1:07 PM |
Boeing 787 Headed to London from India Crashes With 242 on Board
More than 200 people have been found dead at the crash site of a Boeing Co. 787 Dreamliner operated by Air India that was bound for London, according to police officials. Flight AI171 crashed shortly after taking off in Ahmedabad …
POSTED JUNE 12, 2025 12:34 PM |
UK Risk Managers Identify ‘Tech, AI and Cyber’ as Top Concern in AIRMIC Survey
UK risk managers identified five key themes that could affect their businesses, topped by “technology, AI and cyber,” according to AIRMIC, the British risk management group, which conducted a survey of its members. Nearly 90% of respondents pointed to tech, …
POSTED JUNE 12, 2025 12:01 PM |
Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring
For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification …
POSTED JUNE 12, 2025 9:10 AM |
Former Cowboys Player Charged in Dallas Crash That Killed Motorcyclist
Former NFL player Kelvin Joseph is facing charges for his involvement in a crash that killed a female motorcyclist on a Dallas-area freeway, The Dallas Morning News reported. Police in the Dallas suburb of Richardson said on social media that …
POSTED JUNE 12, 2025 9:00 AM |
Musk Pins Tesla’s Comeback on Robotaxis After Retreat From Feud
Tesla Inc. already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking …
POSTED JUNE 12, 2025 8:00 AM |
Manufacturer Fined $500K for Violating OSHA Rule Leading to Ohio Worker’s Death
Fabcon, a Delaware corporation with a manufacturing facility in Ohio, was sentenced to pay a $500,000 fine, the statutory maximum, after pleading guilty to willfully violating an Occupational Safety and Health Administration (OSHA) rule, the Department of Justice announced. In …
POSTED JUNE 12, 2025 8:00 AM |
Michigan State Reaches $30M Settlement With 3 Survivors of 2023 Mass Shooting
Michigan State University has reached settlements worth about $30 million with three students who survived a mass shooting in 2023, attorneys said Tuesday. Three students were killed and five more were wounded when a man with no connection to the …
POSTED JUNE 12, 2025 7:00 AM |
Long-Term Thinking and Scale Keys to Travelers Success: CEO Schnitzer
When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer that Larry Wilkinson may not have expected. “Really not much,” said …
POSTED JUNE 12, 2025 5:10 AM |
The Trump Administration Keeps Denying Disaster Preparedness Aid to States
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for such resiliency money, known as Hazard Mitigation Grant Program …
POSTED JUNE 12, 2025 5:02 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 Eaton Insurance Services 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.
|