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News Archives - Insurance Journal

Uber, Autonomous Mobility Firms to Launch Europe’s First Commercial Robotaxis
Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe’s first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday. Robotaxis are rapidly expanding into …

POSTED MARCH 26, 2026 10:20 AM
Iran Is Reviewing US Ceasefire Plan but Denies Talks; Trump Says Tehran Wants Deal
U.S. President Donald Trump said Iran was desperate to make a deal to end nearly four weeks of fighting, contradicting the Iranian foreign minister who said his country was reviewing a U.S. proposal but had no intention of holding talks …

POSTED MARCH 26, 2026 9:47 AM
Rich Britons Reap Biggest Benefits From UK State Flood Program
It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to help those most exposed to flooding has ended up favoring the country’s richest property owners. Economists at the Bank of …

POSTED MARCH 26, 2026 9:08 AM
Iran Is Drafting Law to Introduce Tolls for Hormuz Transit
The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would …

POSTED MARCH 26, 2026 8:59 AM
Viewpoint: Insurance Broker Valuations – The Elephant in the Room
While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown (NYSE: BRO)—has received little attention. From a valuation perspective, what happened with Brown & Brown? After the brokerage’s value surged …

POSTED MARCH 26, 2026 5:26 AM
P/C Underwriting Income Up $40B in 2025, Says Verisk and APCIA
Verisk and the American Property Casualty Insurance Association released preliminary 2025 underwriting results for the property/casualty industry, with a $40 billion increase over the prior year. For private U.S. P/C insurers, the underwriting gain for 2025 was $63 million compared …

POSTED MARCH 26, 2026 5:16 AM
High Levels of Cancer-Causing Benzene in European Cooking Gas, Study Finds
Domestic gas supply in several European cities contains high levels of benzene, an odorless substance that can cause cancer, according to research released on Wednesday. Gas samples taken in UK homes contained 37 times more benzene than North American gas, …

POSTED MARCH 26, 2026 5:15 AM
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees
Just over three years ago, Florida lawmakers effectively ended one-way attorney fees, disincentivizing much of the costly property insurance claims litigation that had plagued the industry. Last week, a Florida appeals court issued what it called a “sea change” and …

POSTED MARCH 26, 2026 5:01 AM
EXPLAINER-Can US Government Be Held Liable for LaGuardia Airport Collision?
Investigators are probing the potential causes of Sunday’s collision between an Air Canada Express plane and a fire truck at LaGuardia Airport in New York. The two pilots were killed. Air Canada said 39 of the 76 passengers and crew …

POSTED MARCH 26, 2026 5:00 AM
Pinnacol Assurance in Colorado Paying $15M Dividend for Colorado Members
Colorado workers’ compensation provider Pinnacol Assurance announced it will distribute a $15 million general dividend to its members in 2026. Pinnacol members can expect to receive dividend checks starting March 25. More than 46,000 members in the state will receive …

POSTED MARCH 26, 2026 5:00 AM

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