Today's Insurance News
Automatic updating insurance news with the latest trends and ideas in the insurance industry.
Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory
Posted on Thursday March 19, 2026
Pennsylvania is seeking $2.65 million in penalties from a utility company over the March 2023 natural gas explosion at a chocolate factory that killed seven workers and injured 10 others. The Pennsylvania Public Utility Commission’s (PUC) has filed a formal …
Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure
Posted on Thursday March 19, 2026
Sure, an insurance technology platform, announced the launch of a new digital jewelry insurance program underwritten by JM Specialty Insurance Company, a member insurer of the Jewelers Mutual Group. Developed in collaboration with Jewelers Mutual and built to meet its …
Wisconsin Beauty Products Manufacturer Cited for Safety Violations
Posted on Thursday March 19, 2026
The U.S. Department of Labor has cited a Wisconsin beauty and personal care products manufacturer after a 55-gallon fiber drum containing nitrocellulose exploded and started a secondary fire involving flammable liquids. Investigators with the department’s Occupational Safety and Health Administration …
Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
Posted on Thursday March 19, 2026
Prysmian SpA, the world’s largest cable maker, is considering building a new mill in Texas while pursuing U.S. acquisitions, as surging demand tied to data centers and electrification drives growth in its largest market. The Italian group may pull the …
Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data
Posted on Thursday March 19, 2026
The Florida Office of Insurance Regulation’s agenda for its April 15-16 Insurance Summit includes sessions on financial reporting by insurers, changes in data calls, and compliance with orders, along with insights from insurance executives on the use of artificial intelligence. …
McDonald’s Must Face Black Ex-Executives’ Claims of Harassment, Retaliation
Posted on Thursday March 19, 2026
A federal judge in Chicago on Wednesday said two former McDonald’s vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, and then forced out of the company for …
Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents
Posted on Thursday March 19, 2026
A 7-ton meteor that sped across the Cleveland sky at 45,000 miles (72,420 kilometers) per hour on Tuesday before breaking apart in a thunderous boom startled residents who feared an explosion. People several states away reported seeing the bright fireball …
Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
Posted on Thursday March 19, 2026
The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly constructed, US Re could improve resilience while maintaining the benefits …
People Moves: Trade Names Krol as Chief Operating Officer
Posted on Thursday March 19, 2026
Trident Marine Managers, a Ryan Specialty managing general underwriter, announced the appointment of Karolina Krol as Chief Operating Oï¬cer, eï¬ective immediately. Trident oï¬ers specialty marine and oï¬shore energy insurance solutions and is part of Ryan Specialty Underwriting Managers, the underwriting …
People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth
Posted on Thursday March 19, 2026
MEMIC Promotes Jarrard and Roberts to Territory Manager Roles The MEMIC Group, headquartered in Portland, Maine, promoted Sunny Jarrard to territory manager for its Southeast Region and Benjamin Roberts to territory manager for its Northeast Region. Jarrard will guide MEMIC’s …
Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available
Posted on Thursday March 19, 2026
The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area, according to chief executive officer Patrick Tiernan. Shippers seeking insurance for tankers going through the …
CISA Asks Companies to Secure Microsoft Tool After Stryker Cyberattack
Posted on Thursday March 19, 2026
The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp last week. The March 11 cyberattack hit Stryker’s computer systems, causing widespread disruption to its …
Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway
Posted on Thursday March 19, 2026
A “one in a million” malfunction during a live fire demonstration over Camp Pendleton last October led to a misfire that rained shrapnel on Interstate 5, striking two California Highway Patrol vehicles, a U.S. Marine Corps investigation found. An artillery …
Iran Attacks Energy Sites, Defying Trump Calls for Restraint
Posted on Thursday March 19, 2026
Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s assault on the …
‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos
Posted on Thursday March 19, 2026
A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday said an investigation …