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News Center


News Archives - Insurance Journal

FDA Urges Infant-Formula Makers to Tighten Supplier Oversight After Product Recalls
The U.S. FDA on July 13 urged the infant-formula industry and supply-chain partners to exercise substantive oversight of their suppliers following multiple product recalls and recent botulism cases – the first outbreaks in the country linked to baby formula in …

POSTED JULY 14, 2026 5:06 AM
Florida Property Tax Cut Plan Relies on Population Boom That Has Slowed Dramatically
From 2020 to 2024, Florida’s population grew by 8.5%, from 21.6 million to 23.4 million. This is nothing new: The state’s warm weather, amenities that include world-class golf courses and beaches, and lack of income tax have long attracted newcomers, …

POSTED JULY 14, 2026 5:04 AM
20 Years After Hurricane Katrina: Are Insurers Ready for a Different $100B Disaster?
On August 29, 2005, Hurricane Katrina made landfall near Buras-Triumph, Louisiana, as a Category 3 hurricane with sustained winds of 125 mph. It had previously reached Category 5 intensity over the Gulf of Mexico, peaking at 175 mph, before weakening …

POSTED JULY 14, 2026 5:02 AM
Philadelphia Area Digs Out From Damage Left by Microburst Storms
Residents in some Philadelphia neighborhoods and surrounding counties were cleaning up Sunday from widespread damage caused by a line of severe, short thunderstorms that passed through. The storms, called microbursts, passed through Saturday afternoon, downing trees and power lines, flooding …

POSTED JULY 14, 2026 5:00 AM
Markets/Coverages: Clach Casualty Seeks Habitational Properties in NY Free Trade Zone
Clach Casualty Underwriting Managers, a part of Ryan Specialty Underwriting Managers, has launched an admitted general liability real estate program designed specifically for habitational properties within New York’s Free Trade Zone. “Placing complex New York habitational risks can be uniquely …

POSTED JULY 14, 2026 5:00 AM
New York Construction Scare Shows Challenges of Converting Offices to Housing
When two steel columns buckled this week inside the former Pfizer headquarters in midtown Manhattan, the scare prompted evacuations and halted work on one of the nation’s largest office-to-apartment conversions. It also highlighted the complex engineering behind adaptive reuse projects, …

POSTED JULY 14, 2026 5:00 AM
After Losing Job and Crypto, Man Falsely Claimed $1.3M From 107 Class Actions
An upstate New York man has been accused of receiving more than 27,000 payments totaling more than $1.3 million from approximately 107 different class action lawsuit settlements between January 2022 and December 2025. According to court documents, the man admitted …

POSTED JULY 14, 2026 5:00 AM
New York, Northeast Will See Temperatures Soar This Week
New York City and the Northeast will see temperatures surge this week as another wave of sultry weather shifts across the eastern US and southern Canada. Temperatures are forecast to top 90F (32C), potentially peaking at 98F in Central Park …

POSTED JULY 13, 2026 6:00 PM
Meta Expands Louisiana Data Center to 5 Gigawatts, Investment Crosses $50B
Meta META.O said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion. The planned data center, known as Hyperion, was earlier …

POSTED JULY 13, 2026 4:15 PM
Appeals Court Revives Private Lawsuits Linking Tylenol to Autism
A federal appeals court on July 13 revived more than 500 private lawsuits against Tylenol maker Kenvue over the painkiller’s alleged link to autism. The 2nd U.S. Circuit Court of Appeals in Manhattan said a district court judge improperly excluded …

POSTED JULY 13, 2026 4:11 PM

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.

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