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News Archives - Insurance Journal

Tornadoes Level Homes in Illinois and Indiana
Major storms that whipped up tornadoes in parts of Illinois and Indiana on Tuesday leveled homes, downed trees and power lines, and overwhelmed a 911 center south of Chicago with emergency calls, according to officials. “Please do not come here. …

POSTED MARCH 12, 2026 6:46 PM
Iran Has Likely Begun Laying Mines in Hormuz, UK Minister Says
It’s becoming increasingly evident that Iran is laying mines in the Strait of Hormuz, according to the UK, as Iran’s new supreme leader used his first comments to the media to say the critical waterway should stay closed. “The reports …

POSTED MARCH 12, 2026 4:16 PM
Lilly Flags Safety Risk in Compounded Zepbound Mixed With Vitamin B12
Eli Lilly & Co. warned that the active ingredient in its weight-loss blockbuster Zepbound could pose a risk to patients when mixed with vitamin B12, a combination sold by US drug compounders. Lilly tested compounded products and found “significant levels …

POSTED MARCH 12, 2026 3:14 PM
NC Insurance Agent Posts Statement After Arrest on Embezzlement Charges
A North Carolina insurance agent is out on bond, awaiting court action, after he was charged with diverting premium payments from four automobile dealerships. Jeffrey Martin Webster, of Jamestown, North Carolina, was charged with 18 counts, including forgery and embezzlement …

POSTED MARCH 12, 2026 2:49 PM
Markets/Coverages: Marsh Risk, Apollo Develop Insurance Facility for Uber
Marsh Risk, a business of Marsh, and specialty insurer Apollo’s ibott division announced the launch of an insurance facility for Uber. According to the companies, the facility is the first of its kind and will “accelerate the deployment of autonomous …

POSTED MARCH 12, 2026 2:13 PM
Coast Guard Rescues 3 Fishermen Whose Ship Sank in Maine’s Boothbay Harbor
The U.S. Coast Guard rescued three people from the water approximately 23 miles south of Boothbay Harbor in Maine on Wednesday morning. The Coast Guard Station Boothbay Harbor crew reported they located the vessel at 9:01 a.m. and rescued three …

POSTED MARCH 12, 2026 1:58 PM
Mississippi Jury Acquits Engineer Charged With Lying About 2017 Plane Crash
A jury has acquitted a former engineer overseeing military aircraft maintenance of charges of making false statements and obstructing justice during the criminal investigation of a 2017 military plane crash in Mississippi that killed all 16 service members aboard. James …

POSTED MARCH 12, 2026 1:49 PM
WTW: US Commercial Insurance Rates Moderate to 2.9% in Q4 2025
U.S. commercial insurance rates increased 2.9% in the fourth quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing continued to moderate in the fourth quarter, reflecting a more stable market,” said Yi …

POSTED MARCH 12, 2026 1:32 PM
World Faces Largest-Ever Oil Supply Disruption on Middle East War, IEA Says
The war in the Middle East is creating the biggest oil supply disruption in history, the International Energy Agency said on Thursday, a day after it agreed to release a record volume from strategic stockpiles to offset shortages and a …

POSTED MARCH 12, 2026 12:13 PM
Officials Declare Barge Fire in Delaware Bay Under Control
The U.S. Coast Guard and the states of Delaware and New Jersey on Wednesday declared the barge fire in Delaware Bay under control. No injuries were reported for the incident. The barge was carrying salvage metal at the time of …

POSTED MARCH 12, 2026 12:10 PM

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Clifton Park: 1690 Rt 9, Clifton Park, NY 12065 | P: 518-630-6478
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