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Home > News Feeds

News Center


News Archives - Insurance Journal

World Faces Largest-Ever Oil Supply Disruption on Middle East War, IEA Says
The war in the Middle East is creating the biggest oil supply disruption in history, the International Energy Agency said on Thursday, a day after it agreed to release a record volume from strategic stockpiles to offset shortages and a …

POSTED MARCH 12, 2026 12:13 PM
Officials Declare Barge Fire in Delaware Bay Under Control
The U.S. Coast Guard and the states of Delaware and New Jersey on Wednesday declared the barge fire in Delaware Bay under control. No injuries were reported for the incident. The barge was carrying salvage metal at the time of …

POSTED MARCH 12, 2026 12:10 PM
People Moves: Andover Cos. Names Nadeau, Duchette; Plymouth Rock Appoints Seaborn
The Andover Companies Names Nadeau SVP and CUO, Duchette SVP and CUO The Andover Companies, headquartered in Andover, Massachusetts, appointed Paul Nadeau as senior executive vice president and chief operating officer and Patrick Duchette as senior vice president and chief …

POSTED MARCH 12, 2026 12:06 PM
Natural Gas Boom Will Spur a Shortage of US Fracking Gear, Shale Boss Says
Rising US natural gas exports and soaring domestic demand for the power-plant fuel will lead to a shortage of fracking gear later this decade, according to the head of one the country’s top drilling contractors. Activity in US shale fields …

POSTED MARCH 12, 2026 10:20 AM
Warburg Pincus Is Said to Explore Options for Asian Insurer Oona
Warburg Pincus is considering options for Oona Insurance that might lead to a sale, according to people familiar with the matter, after receiving interest from other insurers and investment firms. The US private equity firm is working with Citigroup Inc. …

POSTED MARCH 12, 2026 9:31 AM
Oil Tankers Attacked Off Iraq as Middle East Crisis Worsens
Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian Gulf that are raising risks to global energy supply from the deepening Middle East war. The strikes on the vessels …

POSTED MARCH 12, 2026 8:21 AM
People Moves: Church Mutual Names Pam Rushing as COO, Neil Ziegler to CUO – Admitted
Church Mutual Insurance Company announced two leadership promotions that reinforce the company’s focus on innovation and disciplined growth. Pam Rushing has been promoted to chief operating officer (COO), and Neil Ziegler has been promoted to chief underwriting officer – admitted. …

POSTED MARCH 12, 2026 7:00 AM
Jury Awards $667K to Muslim Men Pepper-Sprayed by Missouri Prison Guards
A federal jury on Monday awarded $667,000 in damages to a group of Muslim men incarcerated in Missouri who were pepper-sprayed by state correctional officers while praying. The lawsuit in eastern Missouri’s U.S. District Court alleged that the men had …

POSTED MARCH 12, 2026 7:00 AM
ExxonMobil Set to Move to Texas In Search of Business Friendly Environment
ExxonMobil is poised to move its legal headquarters from New Jersey to Texas in search of a more friendly business environment, the company announced Tuesday morning. The board of directors for the largest U.S.-based oil producing company, which already runs …

POSTED MARCH 12, 2026 6:00 AM
Costco Customers Sue for Share of Refunds From Trump Tariffs
Costco Wholesale was sued on Wednesday in a proposed nationwide class action seeking U.S. customer refunds for higher prices charged by the company before the U.S. Supreme Court struck down import tariffs imposed by President Donald Trump. The lawsuit, filed …

POSTED MARCH 12, 2026 5:17 AM

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