News Center
News Archives - Insurance Journal
Husband and Wife Insurance Brokers Sentenced for Fraud Scheme
A married couple from New Bedford, Massachusetts was sentenced yesterday for a scheme to defraud at least 50 individuals or insurance providers seeking insurance coverage through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley, a …
POSTED JULY 24, 2026 2:00 PM |
Insurer Mapfre Estimates Venezuela Quake Losses at €25 Million
Spanish insurer Mapfre said on Thursday that losses from the June 24 earthquakes in Venezuela would be up to €25 million ($28.5 million), after its first-half net profit grew 9.4% despite storm-related claims in Spain and Portugal and negative currency …
POSTED JULY 24, 2026 1:33 PM |
Munich Re Reports €2.2 Billion Profit on ‘Very Low’ Major Losses
Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business. Net income amounted to about €2.2 billion ($2.5 billion) in the three months through June, the Munich-based reinsurer said in a …
POSTED JULY 24, 2026 1:05 PM |
US and Allies Say Russian Hackers Stole Emails Without Social Engineering
The United States and more than a dozen allied nations said on Thursday that Russian hackers stole emails from users of the Zimbra email program without having to fool them into opening an attachment or clicking a link. The trick, …
POSTED JULY 24, 2026 12:43 PM |
US Strikes Iran From South to North After Trump Threats Over Red Sea Shipping
U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed “major military punishment” for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second …
POSTED JULY 24, 2026 12:23 PM |
World Bank Estimates Quakes Cost Venezuela $20 Billion in Damage
The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure, or about 18% of gross domestic product, according to a preliminary assessment by the World Bank. Almost half of the …
POSTED JULY 24, 2026 11:48 AM |
Russia’s Black Sea Waters Not Safe for Ships Amid Attacks, Moscow Warns
Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks on Russia-linked ships in the area. The warning was addressed to all vessels in Russia’s exclusive economic zone in the …
POSTED JULY 24, 2026 11:08 AM |
Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal
Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms also agreed to enter a …
POSTED JULY 24, 2026 10:51 AM |
Liberty Mutual Introduces Its Newest Brand Character: Liberty Biberty
Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great price. Liberty Mutual first introduced the phrase “Liberty …
POSTED JULY 24, 2026 5:16 AM |
Can Captive’s Hands-On Vetting of Bars Provide Answer to SC Liquor Liability Crisis?
For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …
POSTED JULY 24, 2026 5:02 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.
|