Insurance news

• Kemper P/C Group Executive Lynch Exits

  11-02-2016 15:24 via insurancejournal.com
  
  Kemper Corp.’s Denise I. Lynch is leaving her position as Property/Casualty group executive, effective immediately, to pursue other opportunities, the insurer said. The news comes after Kemper reported its P/C segment had a $5.1 million  operating loss in the fourth …
  
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• People Moves: Waddingham Joins MEMIC in NJ; RT Specialty Promotes O’Marra in NY

  16-09-2026 13:10 via insurancejournal.com
  
  Waddingham Joins MEMIC Group as New Jersey Production Underwriter The MEMIC Group, headquartered in Portland, Maine, added Brandon Waddingham to its Northeast underwriting team as a production underwriter. Waddingham joins MEMIC with nine years of insurance experience. In his role, …
  
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• Amazon’s AWS Facilities in Bahrain, UAE Still Not Restored From Iran War Damage

  16-09-2026 12:26 via insurancejournal.com
  
  Amazon Web Services cannot restore access to its cloud-computing facility in Bahrain and one of three data–hosting zones in the United Arab Emirates following damage during the Iran war, according to a status update seen by Reuters on Tuesday. Amazon’s …
  
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• Ukraine Considers Ship Insurance to Revive Food Exports, Farm Groups Say

  16-09-2026 11:38 via insurancejournal.com
  
  Ukraine is examining whether additional insurance cover for ships carrying food exports could help revive seaborne trade disrupted by Russian attacks on vessels and port infrastructure, a farm lobby group and a major farmers’ union said on Wednesday. Since the …
  
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• EU Touts Climate Insurance Pact to Ease Catastrophe Losses

  16-09-2026 10:33 via insurancejournal.com
  
  The European Union will set up a “climate insurance alliance” to help pay for losses as global warming increases the frequency and intensity of droughts, floods and wildfires. European Commission President Ursula von der Leyen announced the initiative as part …
  
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• AXA CEO Urges Next French President to Tackle Debt With Reforms

  16-09-2026 10:06 via insurancejournal.com
  
  AXA SA Chief Executive Officer Thomas Buberl called on France’s next president to address the country’s debt mountain with structural reforms and rejected a far-left plan to cancel bonds as “dangerous.” The euro area’s second-biggest economy is under intense scrutiny, …
  
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• People Moves: Jones Appointed Marsh Risk US Healthcare Industry Practice Leader

  16-09-2026 08:37 via insurancejournal.com
  
  Marsh appointed Linda Jones as U.S. healthcare industry practice leader, Marsh Risk, effective today. Based in Washington, D.C., Jones reports to Darren Cromwell, industry practice group leader, Marsh Risk, U.S. and Canada. In this role, Jones will drive healthcare strategy …
  
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• Trump’s Climate Rollbacks Will Keep US Emissions Higher for Longer

  16-09-2026 07:12 via insurancejournal.com
  
  President Donald Trump’s broad rollbacks of federal greenhouse gas rules since January 2025 have altered the trajectory of US energy use and helped set back cuts to planet-warming pollution by about a decade. The latest turnabout came on Monday when …
  
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• Iran War Cost Hits $38 Billion, Forecast to Rise $3 Billion a month, CBO Says

  16-09-2026 07:05 via insurancejournal.com
  
  The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the …
  
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• Yankees Say Bacteria in Stadium Cooling Tower Not Linked to Legionnaires’ Outbreak

  16-09-2026 07:00 via insurancejournal.com
  
  Bacteria that cause potentially fatal Legionnaires’ disease were found in a Yankee Stadium cooling tower — one of 10 such towers in the Bronx that tested positive amid several reported cases of the illness including one death, New York City …
  
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• World Insurance Acquires New Jersey’s TE Freuler Agency

  16-09-2026 07:00 via insurancejournal.com
  
  Insurance broker World Insurance Associates LLC announced that it has acquired the business of TE Freuler of Somerset, New Jersey. Terms of the June 1, 2026 transaction were not disclosed. TE Freuler, which also has an office in offices in …
  
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• Labor Commissioner Says California Crop Lien Law Helped Recover Farmworker Wages

  16-09-2026 07:00 via insurancejournal.com
  
  An expanded crop lien law that strengthens existing farmworker protections and gives the California’s Labor Commissioner’s Office the ability to recover unpaid wages quickly was recently put in action. The LCO, which launched an investigation into wage-and-hour violations in May, …
  
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• Keystone Enters California With Acquisition of Infinity

  16-09-2026 07:00 via insurancejournal.com
  
  Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
  
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• Accenture Settles Government Allegations Over DEI for $25 Million

  16-09-2026 07:00 via insurancejournal.com
  
  IT consulting firm Accenture will pay $25 million to settle U.S. government allegations over diversity practices, which President Donald Trump’s administration has targeted in his second term in office. “Accenture shall pay to the United States $25,000,000, inclusive of civil …
  
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• EU Countries Plan to Seek More Free Carbon Permits for Industry

  16-09-2026 06:38 via insurancejournal.com
  
  European Union member states will push for more free carbon allowances for major industries to better protect companies struggling with tough global competition and rising energy costs. The bloc’s 27 member states will this week seek to agree on a …
  
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• Abbott to Pay $385 Million to End Claims Over Infant Formula

  16-09-2026 06:37 via insurancejournal.com
  
  Abbott Laboratories agreed to pay $385 million to settle U.S. allegations related to poor manufacturing practices at two facilities, including one involving an investigation of a contaminated facility that made powder infant formula. The accord resolves claims that the company …
  
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• King Charles to Host AI Executives as Threat Fears Mount

  16-09-2026 06:18 via insurancejournal.com
  
  Britain’s King Charles will host the leaders of major artificial intelligence companies this week to discuss whether a shared set of principles is needed to guide a technology that has sparked growing warnings about its threat to humanity. With the …
  
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• California Governor Signs Act to Create Smoke Damage Presumption

  15-09-2026 18:56 via insurancejournal.com
  
  California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …
  
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• Iowa DIFS Names Pearce as Acting Deputy Insurance Commissioner for Market Regulation

  15-09-2026 18:43 via insurancejournal.com
  
  The Iowa Department of Insurance and Financial Services announced the appointment of Julie Pearce as Acting Deputy Insurance Commissioner for Market Regulation. Pearce brings over 19 years of extensive insurance and financial services experience spanning Life, Annuity, and Property & …
  
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• Iowa DIFS Names Pearce Acting Deputy Commissioner for Market Regulation

  15-09-2026 18:43 via insurancejournal.com
  
  The Iowa Department of Insurance and Financial Services announced the appointment of Julie Pearce as Acting Deputy Insurance Commissioner for Market Regulation. Pearce brings over 19 years of extensive insurance and financial services experience spanning Life, Annuity, and Property & …
  
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• Texas Utility Discloses Customer Data Breach in SEC Filing

  15-09-2026 18:13 via insurancejournal.com
  
  CenterPoint Energy CNP.N said in an SEC filing on Monday that the company had become aware in September of an online post by a third party claiming to have obtained a dataset of information on some of its customers. The …
  
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• Insurance Companies Join Letter to Push TPLF Disclosure in Federal Courts

  15-09-2026 18:12 via insurancejournal.com
  
  Insurance executive and counsels joined in with those from more than 200 companies that submitted a letter to a federal court rules committee urging the development of a third-party litigation funding (TPLF) disclosure requirement. According to a group called the …
  
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• NFP Acquires Minnesota’s Moores

  15-09-2026 18:08 via insurancejournal.com
  
  NFP announced the acquisition of Moores Insurance Management, Inc., a multi-disciplinary risk management firm based in Minneapolis, Minnesota. Mark Moores, CEO of Moores, will join NFP as senior vice president, Commercial P&C, reporting to Amanda Ruback, managing director of P&C …
  
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• Texas Challenger to Nasdaq, NYSE Lands Fifth Company in a Week

  15-09-2026 18:03 via insurancejournal.com
  
  Texas Capital Bancshares Inc. will switch its primary listing to the Texas Stock Exchange from Nasdaq, making it the fifth company in a week to jump to the upstart marketplace. The Dallas-based financial services provider expects to begin trading on …
  
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• Ryan Specialty Unit Withdraws Protest Over FL Commercial Clearinghouse Contract

  15-09-2026 17:09 via insurancejournal.com
  
  Ten days after giving notice that it planned to protest the awarding of a contract to manage a clearinghouse for Florida’s Citizens Property Insurance commercial policies, Ryan Services Group has withdrawn the notice. It’s not that unusual, a Citizens official …
  
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• Magnum Says Ben & Jerry’s Chair Fostered Toxic Culture

  15-09-2026 16:03 via insurancejournal.com
  
  Ben & Jerry’s former independent chair Anuradha Mittal was “abusive, discriminatory and unprofessional” and fostered a toxic culture before she stepped down from the board earlier this year, according to a legal filing by Magnum Ice Cream Company. In one …
  
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• Aon Raises $13.5 Billion From Bond Sale to Fund USI Takeover

  15-09-2026 15:37 via insurancejournal.com
  
  Aon Plc raised $13.5 billion from a high-grade bond offering to help fund its planned acquisition of USI Insurance Services, marking one of the biggest M&A financing deals to come to market in 2026. Investors placed as much as $65 …
  
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• Rig at Citadel’s Miami Construction Site Falls; Injures Four

  15-09-2026 15:36 via insurancejournal.com
  
  A rig collapsed in Miami’s financial district at the construction site of Citadel’s new headquarters, crushing several cars and snarling traffic. Videos and pictures provided by Miami Fire Rescue showed three cars impacted by the metal structure with a white …
  
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• Amazon Halts Operations With 21 Air After Fatal Miami Crash

  15-09-2026 15:10 via insurancejournal.com
  
  Amazon.com Inc. suspended work with cargo carrier 21 Air LLC, which operated the Sept. 6 flight that overran the runway at Miami and killed five people on the ground. “We’ve spent time supporting the investigation and reviewing some of the …
  
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• Court Agrees Massachusetts Auto Insurance Bars Duplicate Medical Payments

  15-09-2026 14:23 via insurancejournal.com
  
  An auto insurer in Massachusetts can withhold medical payments (MedPay) benefits to insureds whose medical expenses have been paid by their primary health insurer. The Massachusetts Appeals Court has upheld Commerce Insurance Co.’s denial of MedPay benefits in accordance with …
  
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