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News Archives - Insurance Journal

People Moves: Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice; Liberty Promotes Groenen to Head of Portfolio Solutions, Europe
This edition of International People Moves details appointments at Howden and Liberty Speciality Markets. A summary of these new hires follows here. Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice Howden, the London-based insurance intermediary group, has …

POSTED DECEMBER 10, 2025 4:35 PM
Trump Giving Farmers Hit by China Trade War $12B in Aid
President Donald Trump announced a $12 billion farm aid package Dec. 8 — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of …

POSTED DECEMBER 10, 2025 4:28 PM
Settlement Approved for New Orleans Archdiocese to Pay Hundreds of Abuse Victims
he New Orleans Archdiocese will pay at least $230 million to hundreds of victims of clergy sexual abuse under a settlement approved Monday by a federal judge that follows years of negotiations. Richard Trahant, an attorney representing victims in the …

POSTED DECEMBER 10, 2025 3:54 PM
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims
Liability risks for small businesses have shifted over the last decade, with fire and slip-and-falls becoming more expensive while water and freezing damage claims are now the most common type of claim. The Hartford analyzed more than one million small-business …

POSTED DECEMBER 10, 2025 3:42 PM
Markets/Coverages: MGA Navium Launches Consortium for Pre-Launch Satellite Risks
Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s Pine Walk platform, announced the launch of the “Constellation Consortium,” which it described as “the largest satellite pre-launch consortium in the Lloyd’s market.” With the global satellite sector continuing …

POSTED DECEMBER 10, 2025 3:33 PM
FEMA Adds Another $33M for Helene Recovery in North Carolina
The Federal Emergency Management Agency announced another $33 million in Hurricane Helene recovery projects in North Carolina, bringing the agency’s total spending on public assistance grants since the storm to more than $1 billion. The funding is on top of …

POSTED DECEMBER 10, 2025 3:32 PM
Michigan Reports Finds 2019 Auto Reform Reduced Insurance $357
The Michigan Department of Insurance and Financial Services this month released a report on the impact of the state’s 2019 auto insurance reform and found cost was reduced an average of $357 per vehicle. “In 2019, Democrats and Republicans in …

POSTED DECEMBER 10, 2025 3:21 PM
Reuters: Ben & Jerry’s Board Chair Won’t Resign as Pressure Mounts From Unilever Unit
The chair of Ben & Jerry’s independent board said she has no plans to resign as Unilever pressured her ahead of Monday’s public spinoff of its Magnum ice cream division, which will include the Vermont-based brand. Magnum, a longtime division …

POSTED DECEMBER 10, 2025 3:16 PM
Disney’s New Disability Access Policies Are Too Restrictive, Lawsuit Contends
Changes that Disney made to a popular program that lets qualifying disabled people skip long lines at its California and Florida theme parks are too restrictive, disabled fans contend in a federal lawsuit and shareholder proposal that seek to expand …

POSTED DECEMBER 10, 2025 3:06 PM
Texas Plan to Stop Parasitic Fly From Destroying Cattle Population Is Not Complete
As Mexican officials battle the spread of New World Screwworm, Texas officials are still working to finalize a response plan that would be enacted should the parasitic fly spread into the state. Texas lawmakers questioned state and federal officials on …

POSTED DECEMBER 10, 2025 2:51 PM

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