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News Archives - Insurance Journal

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
People Moves: Affordable American Insurance Names Floyd President of Retail Agency Division
Affordable American Insurance LLC named Eddie Floyd to AAI’s leadership team as president of its retail agency division. Floyd will help lead the organization’s growth while overseeing the performance and expansion of its internal agency platform. Floyd has more than …

POSTED MAY 11, 2026 5:00 AM
University of Vermont Hopes New Weather Station Fills Flood Prediction Gaps
A new University of Vermont extreme weather monitoring station opened in Lyndonville on Tuesday, the first in a planned network of monitoring stations to help fill gaps in extreme weather predictions and response. The station will be able to monitor …

POSTED MAY 11, 2026 5:00 AM
Fertilizer Firms See Profit Windfall as War Upends Supplies
Fertilizer makers are seeing a windfall from Iran’s war, highlighting the impact of the conflict’s upheaval on supply chains for the key crop nutrients. CF Industries Holdings Inc. and Nutrien Ltd. each reported nearly 20% jumps in sales for the …

POSTED MAY 08, 2026 4:10 PM

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