News Center
News Archives - Insurance Journal
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
Insurance broker Willis Towers Watson (WTW) s accusing rival Lockton Companies and 18 former employees of WTW’s Northeast construction insurance team of engineering a “smash and grab” operation that began on August 19. On that day, 18 members of WTW’s …
POSTED AUGUST 25, 2026 2:29 PM |
Judge Rejects First Brands’ Plan to Pay Down Debts by Pursuing Lawsuits
A U.S. bankruptcy judge on Monday rejected auto parts maker First Brands’ proposal to pay back creditors by pursuing litigation against insiders, instead converting the case to a more straightforward Chapter 7 liquidation. U.S. Bankruptcy Judge Christopher Lopez said that …
POSTED AUGUST 25, 2026 1:45 PM |
Firefighters Make Gains on Nevada Wildfire That’s Destroyed 30 homes
Crews have started to contain a wildfire in the Sierra Nevada foothills near Reno, Nevada, that destroyed more than 30 homes as it spread perilously close to dense neighborhoods, officials said Monday. Containment reached 27% and there was no new …
POSTED AUGUST 25, 2026 1:43 PM |
NCCI Recommends Another Workers’ Comp Rate Cut for Florida
The National Council on Compensation Insurance is recommending a 7.4% average rate decrease for workers’ compensation insurance, voluntary market, in Florida. If approved by state regulators, it would mark the 10th straight year of decreases, in line with most U.S. …
POSTED AUGUST 25, 2026 1:17 PM |
Fortescue Suspends Executive Over Sexual Harassment Allegations
Australian miner Fortescue Ltd. has suspended an executive over sexual harassment allegations, and engaged law firm MinterEllison to conduct an independent investigation into the matter. The incident is being treated “extremely seriously” and the employee is being stood down while …
POSTED AUGUST 25, 2026 1:11 PM |
China’s Hackers Use DeepSeek for Attacks, Researchers Say
Chinese hackers are ramping up attacks after integrating DeepSeek and other open-source artificial intelligence models into their operations, highlighting attackers’ ability to leverage basic AI tools to hit targets abroad. State-affiliated cyber groups more than doubled the amount of attacks …
POSTED AUGUST 25, 2026 11:37 AM |
Europe’s Record Heat Is Splitting Stock Winners From Losers
Even as Europe’s heat wave finally breaks, money managers say they’re still coming to terms with how climate change will affect their portfolios. Pictet Asset Management’s Katie Self says her firm has been fielding calls from clients about the risks …
POSTED AUGUST 25, 2026 11:25 AM |
New Zealand Insurance Industry Failing to Meet Māori Needs, Market Watchdog Says
New Zealand’s insurance industry is failing to consistently meet the needs of Māori, with affordability barriers and difficulties insuring collectively owned land leaving them less likely to have cover, according to a study by the market watchdog. The Financial Markets …
POSTED AUGUST 25, 2026 10:48 AM |
Japan’s Tokio Marine Eyes Insurer Suncorp as Preferred Takeover Target, FT Reports
Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the matter. Tokio Marine reviewed several takeover targets over the past …
POSTED AUGUST 25, 2026 9:56 AM |
Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The latest states added to OpenRoad …
POSTED AUGUST 25, 2026 5:49 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 Canopy Insurance, 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.
|