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News Archives - Insurance Journal

Father Who Gave Gun to Georgia School Shooter Found Guilty
A Georgia man who gave his teenage son the gun he’s accused of using to kill two students and two teachers at a high school was convicted Tuesday of second-degree murder and involuntary manslaughter. Jurors took less than two hours …

POSTED MARCH 05, 2026 3:06 PM
‘Deadliest Catch’ Crewman Todd Meadows Dies After Falling Overboard
A deckhand on the reality television show “Deadliest Catch,” which documents the lives of crab fishermen working in one of the world’s harshest environments, died after he was reported to have fallen overboard, the U.S. Coast Guard said. The Coast …

POSTED MARCH 05, 2026 2:42 PM
India Seeks US Marine Cover for Middle East Energy Cargoes, Source Says
India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi seeks to shield buyers from potential supply disruptions caused by the crisis in the Gulf, a government …

POSTED MARCH 05, 2026 1:55 PM
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say
The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide political risk insurance and guarantees for maritime trade in the Gulf, Lloyd’s market officials said on Thursday. “Lloyd’s is engaging …

POSTED MARCH 05, 2026 1:34 PM
Perishables to Plane Parts Stranded as Middle East Conflict Hits Air Cargo
Shipments ranging from fresh produce to airplane parts are in limbo as an escalating Middle East conflict reduces the world’s air cargo capacity by more than one-fifth and pushes up freight rates, with executives bracing for backlogs of goods. The …

POSTED MARCH 05, 2026 10:51 AM
Oil Tanker Suffers Explosion as Risks Spread Wider Into Gulf
An oil tanker suffered an explosion off the coast of Iraq which damaged a tank that is losing water, signaling wider risks to shipping in the Persian Gulf beyond the Strait of Hormuz. The Sonangol Namibe was approached by a …

POSTED MARCH 05, 2026 8:51 AM
London Marine Insurers Still Offering Middle East Cover as War Risk Rates Rise: Broker
Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating conflict in the Gulf, insurance broker Gallagher’s Marine Divisional Director Angus Blayney said on Wednesday. Rates have increased …

POSTED MARCH 05, 2026 8:24 AM
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations
As the war in Iran grounds flights worldwide, hundreds of thousands of travelers scrambling to get home are discovering a harsh reality: their travel insurance won’t cover replacement flights or extended hotel stays. Insurers, including industry giants Allianz SE and …

POSTED MARCH 05, 2026 8:00 AM
Marsh, Aon in Talks With US on Insuring Tankers in Hormuz
Marsh and Aon Plc, two of the world’s largest insurance brokers, are in talks with the US government on a plan to help insure tankers navigating the Strait of Hormuz energy chokepoint. President Donald Trump said on Tuesday the US …

POSTED MARCH 05, 2026 7:42 AM
AmFam Reports Underwriting Profit, Top-Line Decline for 2025
American Family Insurance reported $2 billion more underwriting profit in 2025, compared with 2024—pointing to “deliberate customer-driven strategic actions and a lower level of catastrophe losses to explain the favorable result. The actions meant declines on the top line, the …

POSTED MARCH 05, 2026 7:37 AM

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