News Center
News Archives - Insurance Journal
Hormuz Traffic Picks Up as More Tankers Broadcast Crossings
More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending vessels through the chokepoint as tensions ease.Seven tankers were in the strait on Tuesday morning, according to …
POSTED JUNE 23, 2026 12:56 PM |
Cover Whale Launches Wholesale Transportation Broker Headed by Atkielski
New York-based Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation managing general agent (MGA), has launched Breakwater Markets, a digital wholesale brokerage focused on transportation risks. The firm appointed Roman Atkielski as executive vice president of brokerage at Breakwater. …
POSTED JUNE 23, 2026 12:18 PM |
Kansas Department of Insurance Distributes Over $20M to Firefighters
Kansas Insurance Commissioner Vicki Schmidt announced that the Kansas Department of Insurance has made its annual distribution to local Firefighter Relief Associations (FRAs). Pursuant to the Kansas Firefighters Relief Act, $20,743,000 has been distributed to 552 FRAs throughout Kansas. “Firefighters …
POSTED JUNE 23, 2026 7:00 AM |
Deadly Tesla Crash Spurs Investigation by US Auto Safety Agency
A fatal collision involving a Tesla Inc. sedan is under federal investigation after an electric vehicle slammed into a home in Texas, killing a woman inside. The US National Highway Traffic Safety Administration said Monday that it has opened a …
POSTED JUNE 23, 2026 7:00 AM |
People Moves: Spencer Appointed AIG’s Head of Specialty, North America
Gavin Spencer is the new head of specialty, North America at AIG. He is taking on this expanded role alongside his current responsibilities as head of marine, North America. AIG is headquartered in New York City. Spencer joined AIG in …
POSTED JUNE 23, 2026 5:18 AM |
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure
Euro Exchange Securities UK Ltd., a British payments company, handled at least £2 billion ($2.7 billion) for a small group of risky customers before regulators moved to seize the firm over fears it was facilitating money laundering. The firm told …
POSTED JUNE 23, 2026 5:15 AM |
Heat Wave Lowers Rhine Levels, Straining Fuel Supply Chains
Falling Rhine water levels are choking fuel shipments to parts of western Europe as a heat wave grips the region, forcing barges to sail with less than half their normal loads. Earlier on Monday, barges carrying diesel through Kaub in …
POSTED JUNE 23, 2026 5:05 AM |
Uber Board Sued Over Alleged ‘Serial’ Compliance Failures, Sexual Abuse Lawsuits
Uber Technologies’ board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual assault and harassment. In a complaint filed in …
POSTED JUNE 23, 2026 5:04 AM |
Anthropic Ban Forces Investor Rethink of Political Risk
Investors in the ever-hotter AI stock rally must suddenly consider a risk with the potential to be even more damaging than high valuations and big spending: Politics getting in the way. The US administration’s move to block foreign nationals from …
POSTED JUNE 23, 2026 5:02 AM |
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters
June 24, 2026 marks the fifth anniversary of the tragic collapse of Champlain Towers South in Surfside, Florida. Like many Floridians, I remember exactly where I was when I first heard the news. The loss of 98 lives was heartbreaking, …
POSTED JUNE 23, 2026 5:02 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Cote Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|