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News Archives - Insurance Journal

Energy Fallout From Iran War Signals Global Wake-Up Call for Renewable Energy
The war in Iran is exposing the world’s reliance on fragile fossil fuel routes, lending urgency to calls for hastening the shift to renewable energy. Fighting has all but halted oil exports through the Strait of Hormuz, the narrow waterway …

POSTED MARCH 27, 2026 5:15 AM
Odey Allegedly Told Staffer He Could ‘Attack’ Her After Alcohol-Fueled Lunch
Ex-hedge fund boss Crispin Odey cornered a female receptionist after an alcohol-fueled lunch and told her “I could attack you now,” according to a diary entry by the staffer revealed at a London court on Tuesday. When she verbally resisted …

POSTED MARCH 27, 2026 5:10 AM
Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati
A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The …

POSTED MARCH 27, 2026 5:01 AM
RFK Allies Petition to Add More Than 300 Injuries to US Vaccine Injury Table
An anti-vaccine group aligned with U.S. Health Secretary Robert F. Kennedy Jr. is petitioning him to vastly broaden a federal list to include more than 300 injuries it says are linked to immunizations, and has threatened to sue if he …

POSTED MARCH 27, 2026 5:00 AM
Totalis Program Underwriters Acquires Home/Flood Insurance Specialist ShoreOne
Coastal-focused homeowners and flood insurance broker ShoreOne Insurance Managers, Inc. has been acquired by Totalis Program Underwriters, a New York specialty insurance platform that is part of NFP, an Aon company. Terms of the deal were not disclosed. However, BrightShore …

POSTED MARCH 27, 2026 5:00 AM
NCAA Asks Court to Stop DraftKings’ Use of ‘March Madness’ and Other Trademarks
The NCAA filed a complaint in federal court last week seeking an emergency restraining order to stop online sportsbook DraftKings from using registered trademarks associated with the NCAA men’s and women’s basketball tournaments. The complaint for trademark infringement was filed …

POSTED MARCH 27, 2026 5:00 AM
People Moves: Gray Joins Alliant’s Northwest Employee Benefits Team
Melody Gray joined Alliant Insurance Services as vice president within its employee benefits group. Gray is based in Portland, Oregon, and will design and deliver a range of employee benefits solutions to a client base throughout the Pacific Northwest and …

POSTED MARCH 27, 2026 5:00 AM
People Moves: RT Specialty Environmental & Construction Practice Elevates Four
RT Specialty’s Hamilton, New Jersey office, which is part of RT Specialty’s Environmental and Construction Professional (RT ECP) Practice, promoted four team members to new roles. Zack Kalet is advancing to consultant. Kalet joined RT ECP in April 2022 as …

POSTED MARCH 27, 2026 5:00 AM
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K
A married couple from New Bedford, Massachusetts pleaded guilty yesterday in federal court in Boston to a scheme to defraud insurance clients through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley, Brendan and Lisa Lawler …

POSTED MARCH 27, 2026 5:00 AM
Maryland Top Court Tosses Baltimore and Annapolis Climate Change Lawsuits
The Supreme Court of Maryland has thrown out climate change lawsuits filed by Baltimore, Annapolis and Anne Arundel County against 26 fossil fuel companies, finding that the Clean Air Act along with U.S. Supreme Court rulings make it clear that …

POSTED MARCH 27, 2026 5:00 AM

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