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Home > News Feeds

News Center


News Archives - Insurance Journal

DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’
Florida Gov. Ron DeSantis has signed a bill that will create a commercial clearinghouse for Citizens Property Insurance policies, a bill that a number of brokers and agents have called “unnecessary” and little more than a sop to one major …

POSTED JUNE 19, 2026 2:34 PM
Teen Dies After Being Thrown From Horse-Drawn Carriage in NYC’s Central Park
A teenager thrown to the ground Wednesday when a Central Park carriage horse bolted away from its driver has died, according to police. The 18-year-old was riding in the horse-drawn carriage with three other passengers when the accident happened just …

POSTED JUNE 19, 2026 1:43 PM
Markets/Coverages: Chubb Leads New Lloyd’s War Risk Consortium for Hormuz Shipping
A new Lloyd’s market consortium has been launched to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz, Lloyd’s announced. Chubb will serve as lead underwriter, supported by participating Lloyd’s syndicates and specialist …

POSTED JUNE 19, 2026 12:30 PM
Trump Administration Backtracks on Removing Ocean Sensors
The Trump administration is dropping near-term plans to dismantle a $386 million federal ocean-observing system after encountering resistance from scientists and Congress. The National Science Foundation said Thursday it will pause efforts to decommission most of the Ocean Observatories Initiative, …

POSTED JUNE 19, 2026 12:20 PM
Viewpoint: Hormuz Is Reopening, but Global Shipping Won’t Return to Normal for Months
Iran and the United States are about to sign a peace deal that will reopen the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world’s oil. Oil prices reacted quickly to the announcement of the tentative …

POSTED JUNE 19, 2026 11:32 AM
People Moves: Hub International Names Collins Northeast Area President
Hub International Limited (HUB), headquartered in Chicago, Illinois, appointed Paul Collins as Northeast area president, effective July 1. In this expanded role, Collins will continue to lead HUB Northeast while also assuming responsibility for HUB New England. Collins has been …

POSTED JUNE 19, 2026 11:00 AM
Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety
Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade. No tankers were seen moving …

POSTED JUNE 19, 2026 10:10 AM
US and Iran Delay Nuclear Talks as Lebanon Clashes Worsen
The US and Iran have postponed the start of their negotiations over a permanent peace deal and restricting the Islamic Republic’s nuclear program.It’s uncertain why the talks, meant to be held in Switzerland on Friday, have been delayed, though Israel …

POSTED JUNE 19, 2026 9:55 AM
Space Startups Seek Insurance for Orbital AI Data Centers
Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin. The concept of data center satellites — designed …

POSTED JUNE 19, 2026 9:37 AM
Louisiana Plans $1.1B Investment in New Orleans Land Bridge Restoration
There’s an increasingly narrow strip of New Orleans marshland that hardly anyone lives on, but without it, hundreds of thousands of people will face far greater risks from storms and floods. The area, commonly called the New Orleans Land Bridge, …

POSTED JUNE 19, 2026 9:00 AM

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