Archive: September 2025

Mexico Seeks to Impose Tariffs on Auto, Manufacturing Imports
Insurance Journal | September 9, 2025
Mexico Seeks to Impose Tariffs on Auto, Manufacturing Imports
Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion pesos …
Santa Monica Weighs Fiscal Distress Vote Amid Sex Abuse Settlements
Insurance Journal | September 9, 2025
Santa Monica Weighs Fiscal Distress Vote Amid Sex Abuse Settlements
Santa Monica, California officials are voting on whether to adopt a resolution declaring fiscal distress, as mounting sexual abuse settlements have destabilized the city’s finances, echoing strains that have already pushed other local governments deeper into debt. A report prepared …
Former California Insurance Commissioner Carries on Climate Change Crusade
Insurance Journal | September 9, 2025
Former California Insurance Commissioner Carries on Climate Change Crusade
When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years ago, the response could be thought of as something akin to a collective shrug. There wasn’t much to say. Insurance …
Private Equity Firm Bain Capital to Buy UK Insurance Intermediary Jensten Group
Insurance Journal | September 1, 2025
Private Equity Firm Bain Capital to Buy UK Insurance Intermediary Jensten Group
Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Group, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor. The investment is being made by the dedicated insurance …