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News Archives - Insurance Journal

People Moves: Da Costa to Head Markel US Cyber, Tech E&O; Brown & Riding Names Kerr Leader of Private Client Practice
Markel Insurance Appoints Da Costa to Lead U.S. Cyber and Tech E&O Portfolio Markel, the insurance operations within Markel Group Inc., appointed Raphael Da Costa to lead its U.S. cyber and tech E&O portfolio. Da Costa oversees Markel’s U.S. cyber …

POSTED MAY 11, 2026 5:54 AM
Ex-Ohio State Players to Join a Sexual Abuse Lawsuit Against the School
Thirty former Ohio State football players, including some former NFL players, have agreed to join a federal lawsuit against the university over the sexual abuse of student athletes decades ago by a team doctor, a lawyer in the case said …

POSTED MAY 11, 2026 5:46 AM
Explosion and Fire at New Orleans Area Refinery to Cause Production Disruption
No injuries were reported after an explosion and a fire at a refinery in the New Orleans area on Friday, officials said. Residents near Chalmette Refining said they heard an explosion at around 1 p.m. The refinery is in Chalmette, …

POSTED MAY 11, 2026 5:43 AM
Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill
Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would tweak the compromise brokered by Senators Thom Tillis, a Republican, and Angela …

POSTED MAY 11, 2026 5:18 AM
Some College Finals Delayed After Canvas Online Platform Hacked
Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of Manchester in the …

POSTED MAY 11, 2026 5:08 AM
Nike Sued by Consumers for Not Refunding Tariff Costs
Nike was sued on May 8 by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices. In a proposed class action, consumers said Nike should not …

POSTED MAY 11, 2026 5:07 AM
A Faint Sound in Rumble of Mississippi Tornado Leads to Stunning Rescue
As storm chaser Ashton Lemley picked his way through a tornado-ravaged Mississippi trailer park, he heard the unmistakable meow of a kitten pierce the predawn darkness. The homes were flattened just hours earlier as storms spawned at least three tornadoes …

POSTED MAY 11, 2026 5:03 AM
Florida, Louisiana Insurer Safepoint Reveals 97% Revenue Surge in Its IPO filing
Safepoint Insurance on Friday filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new IPO listings from Florida-based insurers extends into 2026. The company reported a net income …

POSTED MAY 11, 2026 5:02 AM
California Governor Seeks Extension of FEMA Funding for LA Wildfire Victims
California Gov. Gavin Newsom is asking the federal government extend disaster assistance programs for thousands of victims of the January 2025 Los Angeles wildfires who are still working to rebuild. Newsom is requesting a 12-month extension of the Federal Emergency …

POSTED MAY 11, 2026 5:00 AM
People Moves: Senate Confirms Maryland Auto Insurance Board Appointees
Following the recommendation of the Senate Executive Nominations Committee, the full Maryland Senate has confirmed the appointments of four members to the Maryland Automobile Insurance Fund Board of Trustees. Steven D. Linkous was reappointed to serve the remainder of a …

POSTED MAY 11, 2026 5:00 AM

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