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Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds
Insurance Journal | May 20, 2026
Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds
The small plane that crashed while carrying four pickleball players to a tournament near Austin last month had problems with freezing instruments before it broke apart midair, according to a preliminary federal investigation report released Friday. The Cessna 421C took …
Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
Insurance Journal | May 20, 2026
Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
Two supertankers exited the Strait of Hormuz on Wednesday while another is making its way out, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude oil onboard, shipping data on LSEG …
UK Warned of Housing Market Risks as Flood Re’s Future Unclear
Insurance Journal | May 20, 2026
UK Warned of Housing Market Risks as Flood Re’s Future Unclear
The UK government must provide clarity on the future of Flood Re or risk seeing its failure to do so feed through to the country’s housing market. That’s according to the Climate Change Committee, a group created back in 2008 …
Michigan Secures Settlement With Car Financing Company Over Auto-Repair Agreements
Insurance Journal | May 20, 2026
Michigan Secures Settlement With Car Financing Company Over Auto-Repair Agreements
Michigan Attorney General Dana Nessel has secured an agreement with West Creek Financial, Inc., a Virginia corporation doing business under the name Koalafi, to resolve allegations that the lease-to-own financing company violated the Michigan Consumer Protection Act and Rental-Purchase Agreement …
Death at SpaceX’s South Texas Facilities Prompts Workplace Safety Investigation
Insurance Journal | May 20, 2026
Death at SpaceX’s South Texas Facilities Prompts Workplace Safety Investigation
The Occupational Safety and Health Administration is investigating an incident at SpaceX’s South Texas facilities that resulted in the death of a worker. Jose Luis Bautista, a 25-year-old man from Donna, died Friday morning after falling 8 feet from scaffolding, …
Man Wrongly Convicted of Killing 2 Michigan Hunters Agrees to $5M Settlement
Insurance Journal | May 20, 2026
Man Wrongly Convicted of Killing 2 Michigan Hunters Agrees to $5M Settlement
A man who spent nearly 21 years in prison for the deaths of two Michigan hunters agreed to a $5.25 million settlement after accusing police of failing to turn over evidence that could have helped him at trial, a lawyer …
Texas Storms Ground Flights, Threaten Floods and Spark Fires
Insurance Journal | May 20, 2026
Texas Storms Ground Flights, Threaten Floods and Spark Fires
A day of wild weather and thunderstorms in Texas has led to nearly 500 canceled flights in the Dallas area, power outages across eastern reaches and a wildfire in a landfill near Amarillo that’s been dubbed the “Stinky Fire.” As …
Viewpoint: AI Insurance Is Not Cyber Insurance With Extra Steps
Insurance Journal | May 20, 2026
Viewpoint: AI Insurance Is Not Cyber Insurance With Extra Steps
Many insurers and the businesses they cover are treating AI risk as a cyber problem in a new costume. The early litigation is quietly explaining why that is a category error, and the companies that understand the difference first will …
NCDOI Offering Flood Insurance CE Webinars But They’re Filling up Fast
Insurance Journal | May 20, 2026
NCDOI Offering Flood Insurance CE Webinars But They’re Filling up Fast
North Carolina’s insurance commissioner announced his department will again offer webinars, starting this month, on the intricacies of flood insurance, with continuing education credit for insurance agents, adjusters, engineers, real estate agents and others. The WebEx sessions are free of …
Questionable Engineering Reports Continue to Be a Problem in Claims Litigation
Insurance Journal | May 20, 2026
Questionable Engineering Reports Continue to Be a Problem in Claims Litigation
The Florida Board of Professional Engineers this month considered but did not adopt new rules governing engineers’ ethical responsibilities in drafting damage reports, but the changes are likely to come up again. This guest article examines the need for those …