News Center
News Archives - Insurance Journal
Higginbotham Adds Alabama ‘Powerhouse’ Harmon Dennis Bradshaw Agency
Higginbotham, the Texas-based insurance brokerage ranked as the 12th-largest broker in the country last year, has added Harmon Dennis Bradshaw Inc., an independent agency in Alabama and Georgia, to its growing list of partner agencies. Harmon Dennis, known as HDB, …
POSTED APRIL 17, 2026 2:02 PM |
Travelers Profit Rises on Stronger Underwriting, Lower Catastrophe Losses
Property and casualty insurance giant Travelers reported a jump in first-quarter profit, buoyed by robust underwriting gains and lower catastrophe losses than a year earlier when results were severely hit by the Los Angeles wildfires. Shares of the company, whose …
POSTED APRIL 17, 2026 1:53 PM |
Companies Scramble for Tariff Refunds as US Prepares to Launch Claim Process
Jay Foreman said he’s “locked and loaded” for the U.S. government’s launch on Monday of a new system to refund up to $166 billion in illegally collected tariffs, but he and many other importers are realistic that much could still …
POSTED APRIL 17, 2026 1:33 PM |
Beazley Plans $1B Marine War Consortium for Transiting Strait of Hormuz
Beazley, the specialty Lloyd’s insurer, has announced its intention to launch a marine war consortium, offering up to $1 billion of Lloyd’s capacity, which comprises $500 million for hull war and $500 million for cargo war. The consortium, which will …
POSTED APRIL 17, 2026 11:07 AM |
US-Iran Deal Will Take Months, Gulf and Europe Officials Say
Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed and that the warring sides should extend their ceasefire to cover that timeframe, according to officials from the regions familiar …
POSTED APRIL 17, 2026 8:46 AM |
Europe Looks to Contain Trump’s Fury as It Hosts Hormuz Summit
The UK and France will host a summit to discuss setting up a naval force that would ensure freedom of navigation in the Strait of Hormuz, as Europe seeks to rebut US claims that it’s not doing enough to secure …
POSTED APRIL 17, 2026 8:44 AM |
Spain’s Blackout Probe Blames Grid Operator, Government, Watchdog
An inquiry by the Spanish Senate blames the government, as well the country’s grid operator and energy watchdog, for last year’s unprecedented blackout, according to preliminary conclusions made public on Wednesday. The probe by the upper house – which is …
POSTED APRIL 17, 2026 6:05 AM |
Reinsurers Least Successful Acquirers in Industry M&A: Analysis
A recently released analysis of insurance carrier and reinsurer mergers and acquisitions finds that 75% of recent deals featuring reinsurers and multiline insurers as buyers destroyed value for shareholders. The report, “Carrier Mergers & Acquisitions: Drivers, Implications & Outcomes,” published …
POSTED APRIL 17, 2026 5:26 AM |
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles
Almost all consumers agree that insurance policies should evolve to provide clearer coverage for micromobility vehicles on public roads, Nationwide shared in a new report. Nine in 10 respondents to a recent survey commissioned by the insurer held that view. …
POSTED APRIL 17, 2026 5:11 AM |
Mythos Poses Risk to SEC Market-Tracking Database, Group Says
Anthropic PBC’s new artificial intelligence model Mythos could put traders and the broader financial system at risk through a Securities and Exchange Commission database, the American Securities Association said Thursday. The financial-industry trade group warned of the potential for bad …
POSTED APRIL 17, 2026 5:06 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 Security Group Insurance 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.
|