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News Archives - Insurance Journal

Michigan Farm to Pay $33K to Settle River Pollution Case
Michigan Attorney General Dana Nessel has reached a settlement with Holloo Farms, a concentrated animal feeding operation (CAFO) in Calhoun County, to resolve allegations that the company violated environmental regulations and improperly discharged animal waste into state waters. As part …

POSTED MARCH 02, 2026 5:01 PM
Zurich Insurance and Beazley Agree to US$10.9B Cash Acquisition
Zurich Insurance Group announced it has agreed with UK specialty insurer Beazley the terms of an all-cash offer to acquire Beazley for US$10.9 billion. The aggregate cash deal is expected to be funded via existing cash (approximately US$3.0 billion), new …

POSTED MARCH 02, 2026 4:53 PM
Business Moves: CRC Group Completes Buy of Euclid Transactional
Independent wholesale specialty insurance distributor CRC Group said it has completed its acquisition of Euclid Transactional. New York City-based Euclid Transactional is a managing general agency that specializes in underwriting transactional insurance, such as representations and warranties, tax liability and …

POSTED MARCH 02, 2026 4:42 PM
Suspected Gunman in Austin Shooting Had Potential Terrorism Links
At least three people — including the suspected gunman — are dead following a shooting early Sunday in downtown Austin, officials said. Fourteen others were injured. The suspected shooter has been identified as 53-year-old Ndiaga Diagne, Austin police said Sunday …

POSTED MARCH 02, 2026 4:41 PM
Louisiana Contractor Arrested for Fraudulent Activities
A Louisiana contractor was arrested last week on charges of fraud, filing false public records and forgery. The contractor, Jon Andersen, also received a cease-and-desist letter from Louisiana Insurance Commissioner Tim Temple. Andersen was arrested on Feb. 25 in Jefferson …

POSTED MARCH 02, 2026 4:37 PM
Trump Faces 2,000 Tariff Lawsuits Following Supreme Court Loss
In the days since the US Supreme Court declared most of President Donald Trump’s global tariffs illegal, more than 100 companies filed new lawsuits, underscoring widespread concerns that the administration won’t readily refund the billions of dollars it’s already collected. …

POSTED MARCH 02, 2026 4:30 PM
Greenpeace Faces $345M Judgment in North Dakota Court
Greenpeace is fighting for its life in North Dakota’s court system, where a judge has decided to order the environmental group to pay an expected $345 million to an energy company whose Dakota Access oil pipeline construction drew protests nearly …

POSTED MARCH 02, 2026 3:24 PM
Anthropic’s Claude Chatbot Goes Down for Thousands of Users
Anthropic PBC’s artificial intelligence chatbot Claude and related consumer-facing applications went down on Monday, with the startup saying it has been grappling with “unprecedented demand” for its services over the past week. Nearly 2,000 users had reported Claude AI service …

POSTED MARCH 02, 2026 3:20 PM
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent
NASCAR racing star Kyle Busch and his wife have settled an $8.5 million lawsuit they brought against Pacific Life Insurance and an insurance agent that alleged the insurer and agent misled the couple and caused them to lose millions of …

POSTED MARCH 02, 2026 2:46 PM
Novartis Settles Lawsuit by Lacks’ Estate Over ‘Stolen’ Cells
Novartis has settled a lawsuit by the estate of Henrietta Lacks that alleged the pharmaceutical giant unjustly profited off her cells, which were taken from her tumor without her knowledge in 1951 and reproduced in labs to enable major medical …

POSTED MARCH 02, 2026 2:43 PM

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