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News Archives - Insurance Journal

Bayer Fuels Break-Up Talk as Roundup Business Put Into Separate Unit
Bayer said on July 2 it was consolidating its U.S. Roundup business in a new unit, less than a week after scoring a major legal victory that blocked thousands of state-court lawsuits related to the weedkiller. The creation of the …

POSTED JULY 02, 2026 12:51 PM
Germany Charges Former Ukrainian Army Officer With Nord Stream Pipeline Attack
German federal prosecutors have charged a former Ukrainian army officer with being the co-perpetrator of a war crime over the 2022 Nord Stream gas pipeline blasts, accusing him of acting on behalf of Ukrainian state entities. Prosecutors said on Thursday …

POSTED JULY 02, 2026 12:16 PM
Popular 14th Street DC Restaurant Settles Wage and Hour Violation Charges
A popular District of Columbia restaurant and nightclub will pay $243,350 to settle charges that it harmed employees by violating wage and hours laws. D.C. accused the company of denying employees sick leave pay, misclassifying workers as independent contractors, and …

POSTED JULY 02, 2026 12:14 PM
Specialist Risk Group Acquires UK-Based Broker Superian Insurance Group
Specialist Risk Group (SRG), the UK specialist insurance intermediary, announced the acquisition of London-based independent insurance broker Superian Insurance Group. The acquisition strengthens SRG’s ability to deliver specialist solutions to clients operating in increasingly complex and evolving risk environments, while …

POSTED JULY 02, 2026 11:56 AM
Europe’s Climate Adaptation Efforts Have Lagged its Net-Zero Drive
The June heatwave that broke a series of temperature records in Europe has focused minds on the urgency of adapting to global warming in a continent once complacent about its relatively gentle climate and its ambitious goals on reducing emissions. …

POSTED JULY 02, 2026 10:08 AM
BlueCrest Slams UK as Bad for Business After Top Court Tax Case Loss
Michael Platt’s BlueCrest Capital Management said the UK is “no longer a serious contender” as a place to do business after the firm lost a £200 million ($265 million) UK Supreme Court ruling over how some of its senior traders …

POSTED JULY 02, 2026 9:55 AM
Iran’s Floating Oil Hoard Swells as Major Buyers Stay Away
A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington. More than 20 million barrels of Iranian crude have been idling in …

POSTED JULY 02, 2026 9:18 AM
Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor
Whether artificial intelligence will cause mass workforce cuts over time remains up for debate, but it is starting to leave an imprint on US employment data. A decline in payrolls in the financial-activities and information sectors — where AI adoption …

POSTED JULY 02, 2026 5:36 AM
People Moves: Miller Appoints Plant Head of North American Property
Miller, an independent specialist (re)insurance broker headquartered in London, appointed Kim Plant as head of North American property. Plant joins Miller from Amwins, where he served as a director in its North American property division from 2020, where he formed …

POSTED JULY 02, 2026 5:31 AM
Travelers Builds Insurance-Specific LLM
The Travelers Companies, Inc. announced this week that engineers and data scientists have developed TravelersLLM, a proprietary large language model tailored to its property/casualty business. According to a media statement released by the insurer, TravelersLLM was trained on millions of …

POSTED JULY 02, 2026 5:17 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 5 Star Insurance 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.

 
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