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News Archives - Insurance Journal

People Moves: Artificial Labs Appoints Joost to Lead US Expansion; Longbrook Names Sherry Head of Transactional Liability
Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …

POSTED MAY 18, 2026 5:08 AM
Safepoint Exec Pay, Slide’s Stock Sell-Offs Getting Attention in Florida
When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later. In …

POSTED MAY 18, 2026 5:01 AM
Study: California Workers’ Comp Claim Costs Continue to Rise
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …

POSTED MAY 18, 2026 5:00 AM
Viewpoint: ‘Big Tobacco’ Moment for Cannabis – What to Know About Murray v. Cresco
A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …

POSTED MAY 18, 2026 5:00 AM
Maine Mourns 27-Year-Old Firefighter Killed in Lumber Mill Explosion
A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …

POSTED MAY 17, 2026 11:36 PM
Walmart to Pay $230K in Illinois Disability Hiring Discrimination Settlement
Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …

POSTED MAY 15, 2026 4:06 PM
Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …

POSTED MAY 15, 2026 3:37 PM
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …

POSTED MAY 15, 2026 3:20 PM
Women’s Board Representation Slips Below 30% as Momentum Stalls
he share of women on the boards of mid-sized and large public companies dipped below 30% in the first quarter, missing that threshold for the first time since 2024, and down from a peak of 30.4% a year ago. In …

POSTED MAY 15, 2026 2:54 PM
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …

POSTED MAY 15, 2026 1:27 PM

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