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News Archives - Insurance Journal

Africa’s Biggest City Takes Out $7.5 Million Flood-Risk Policy
Lagos, Nigeria’s commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access relief when disaster strikes. The policy covers up to 4 million people in the coastal megacity, according to a statement …

POSTED MARCH 30, 2026 9:35 AM
Trump Unveils New Loan Guarantees for Beleaguered Farmers
President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed by the impact of the Iran war, tariffs and other challenges. Trump said the loan guarantees would cover farmers and …

POSTED MARCH 30, 2026 6:00 AM
Bank of America Agrees to Pay $72.5M to Settle Epstein Accusers’ Lawsuit
Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Friday. Lawyers for the bank and the women …

POSTED MARCH 30, 2026 5:22 AM
Lines Persist at Some Airports After Trump Signs TSA Pay Memo
Several US airports advised travelers on Saturday to arrive at least four hours before their flights because of long security lines even after President Donald Trump said Transportation Security Administration workers would be paid by tapping funds from his 2025 …

POSTED MARCH 30, 2026 5:09 AM
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses
Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1 billion or more in revenue …

POSTED MARCH 30, 2026 5:02 AM
Sarasota Homeowners Say Breach in County Dike Caused Flooding in Hurricane Debby
More than 100 homeowners have charged in a lawsuit that officials in Sarasota County, Florida, failed to maintain a dike for years, allowing Hurricane Debby’s floodwaters to inundate homes throughout an upscale subdivision. “Engineering modeling analysis has confirmed that without …

POSTED MARCH 30, 2026 5:02 AM
Investigators Find Mississippi Gas Pipes Separated but Utility Discounted the Danger
Separate natural gas explosions in January 2024 that destroyed two homes in Jackson, Mississippi resulted from underground pipes pulling loose from their fittings as spongy clay soil expanded and contracted with rainfall, according to a federal report released Thursday. The …

POSTED MARCH 30, 2026 5:01 AM
2 Students Dead and Others Injured in Tennessee School Bus Crash
A school bus crash in west Tennessee on Friday killed two students and injured at least seven other people, officials said. The crash involving a Tennessee Department of Transportation dump truck, a Chevrolet Trailblazer and the school bus took place …

POSTED MARCH 30, 2026 5:01 AM
Study: Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses
A new analysis from the California Department of Insurance and the National Association of Insurance Commissioners shows that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to a standard set by the Insurance Institute for Business …

POSTED MARCH 30, 2026 5:00 AM
Inszone Acquires Streeter Brothers Insurance in Montana
Inszone Insurance Services acquired Streeter Brothers Insurance in Billings, Montana. Streeter Brothers Insurance will continue operating from its current Billings location, with the existing team remaining in place. Founded in 1922 by Delton and Delbert Streeter, Streeter Brothers Insurance has …

POSTED MARCH 30, 2026 5:00 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 Owen & Associates, LLC 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.


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