INSURANCE NEWS
People Moves; Church Mutual Names Kim as CFO, Promotes Schmeltzer to VP of Underwriting, Religious Markets
Church Mutual announced several leadership appointments to support its continued growth and operational focus. The company announced Daniel Kim has joined the company as senior vice president and chief financial officer, reporting to president and CEO Alan Ogilvie. Kim brings …
US Finalizes Easement for Dakota Access Crude Oil Pipeline
The US Army Corps of Engineers finalized an easement for a stretch of the Dakota Access pipeline that passes under a North Dakota lake, ending a years-long environmental review of the hotly contested oil conduit. The record of decision issued …
Rainy April Delays Corpus Christi’s Projected Water Crisis by 3 Months
A projection for when Corpus Christi expects to reach a water crisis was pushed back by three months after a wet April brought enough rain to delay an emergency but too little to quench a brutal drought. The city was …
Arkansas Lawsuit Alleges Discrimination by White Nationalist Group in Land Sale
A real estate broker says an organization denied her the opportunity to purchase land in an Arkansas development because of her Jewish ancestry, and because she has a Black husband and biracial children, according to a lawsuit filed Wednesday in …
People Moves: Howden Names Jimenez Leader of US Aviation Practice; Liberty Promotes Hyatt to Head NA Distribution, Client Engagement
Howden, the global insurance broking group, launched its new U.S. Aviation Practice, led by Julio Jimenez, aviation practice leader. Jimenez is a seasoned leader whose ability to build and inspire teams is matched by his experience and expertise across the …
Markets/Coverages: Canopius Launches Cyber-Triggered Spoilage Cover for Perishable Stock
Canopius Group, the London-based specialty and property/casualty re/insurer, announced the launch of a spoilage product, a cyber-triggered spoilage cover designed to protect businesses when a cyber incident renders their perishable stock unsellable. When cyber incidents impact the systems that manage …
Airbus, Air France Found Guilty of Manslaughter Over 2009 Atlantic Crash
Airbus and Air France were found guilty on Thursday of corporate manslaughter by a Paris appeals court over the 2009 Rio-Paris plane crash that killed 228 passengers and crew, three years after being acquitted in a lower court. “Justice has …
Meta Settles First Case Over School Costs Tied to Youth Mental Health: Court Filing
Meta Platforms on May 21 settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement …
Reaction Muted After Former Staffer Details Texts from NC Insurance Commissioner
Reaction to allegations that North Carolina Insurance Commissioner Mike Causey sent suggestive texts to a staff member over several years has been muted. Causey declined to comment to Insurance Journal a day after the Raleigh News & Observer reported that …
‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB
For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey …
One of World’s Largest Energy Storage Plants Launches in South Dakota
This small city in rural northeastern South Dakota has established itself as an energy hub for the entire Great Plains region, and that reputation has received a big boost by landing what will be among the world’s largest energy storage …
Markets/Coverages: MGA Rokstone Launches Cargo Stock-Only Cover for Inventory Risk
Rokstone, the international specialty re/insurance MGA, announced the launch of a cargo stock-only program, supported by US$25 million of capacity, to support brokers and their clients with smarter, more flexible coverage and competitive premiums. One of just a handful of …