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News Archives - Insurance Journal
Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf
The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for …
POSTED MARCH 04, 2026 7:23 AM |
Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures
Looking for deals, consumers are increasingly shopping year-round for home and auto insurance, bucking seasonal trends and insurer expectations. Elevated insurance shopping trends seen throughout 2024 and earlier in 2025 continued through the end of the year, prompting questions about …
POSTED MARCH 04, 2026 6:09 AM |
What Berkshire’s CEO Abel Said About Insurance
Berkshire Hathaway’s chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to investors recently. After two years of rising underwriting profits, Greg Abel, …
POSTED MARCH 04, 2026 6:07 AM |
Georgia Insurance Law is About to Get an Upgrade With Multiple Changes
A Georgia bill that would bring larger insurer fines, more fraud enforcement and more wind-mitigation funding now moves to state Senate, where it is expected to pass in the next few weeks. The Georgia House of Representatives late last month …
POSTED MARCH 04, 2026 6:01 AM |
SullivanCurtisMonroe Acquries Stepco Insurance Agency
SullivanCurtisMonroe has acquired Stepco Insurance Agency. The Stepco group will join SCM’s Pasadena team. Stepco was founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency. In 1983, CEO Steve Stepanian took over the agency from his brother-in-law, …
POSTED MARCH 04, 2026 6:00 AM |
Maine County Rebuilds Its Destroyed Dunes. It’s Just the Start to Save the Coastline
A crew guided a York County barge equipped with a giant sea vacuum across the waters of Wells Harbor last week. One contractor nudged the so-called dredge in a tiny tugboat. Another manned the equipment, which sucked up sand from …
POSTED MARCH 04, 2026 6:00 AM |
Little Ceasars Franchise in California Settles for $409K Over Worker Pay
The operator of a pizza parlor in California must pay back wages following an investigation that showed the business did not pay the required minimum wage and overtime. The U.S. Department of Labor reached a settlement agreement with the operator …
POSTED MARCH 04, 2026 6:00 AM |
Transgender Men Sue Kansas Over Law Invalidating Their Driver’s Licenses
Two transgender men are suing Kansas over a new law that invalidated their driver’s licenses and about 1,700 others for reflecting people’s gender identities and not their sex assigned at birth, arguing that the measure is “dehumanizing.” The men filed …
POSTED MARCH 03, 2026 5:48 PM |
Louisiana Couple Arrested for Insurance Fraud
A Baton Rouge, Louisiana couple was recently arrested for attempting to defraud an insurance company of approximately $30,000 and on other related charges, the Louisiana Office of the Attorney General announced this week. Agents with Attorney General Liz Murrill’s Louisiana …
POSTED MARCH 03, 2026 5:17 PM |
Louisiana Dept. of Insurance Enters Partnership to Fight Litigation Funding
The Louisiana Department of Insurance is entering a partnership with the National Insurance Crime Bureau (NICB) and digital intelligence company 4WARN to combat third-party litigation funding (TPLF) marketing tactics. The department said the partnership is the first of its kind …
POSTED MARCH 03, 2026 4:52 PM |
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