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Category: Insurance Journal

Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
Insurance Journal | June 10, 2026
Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty. They’re part of a …
People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency
Insurance Journal | June 10, 2026
People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency
This edition of International People Moves details appointments at Willis Re and Arch Insurance International. A summary of these new hires follows here. Willis Re Taps Carpenter’s Summers as CEO of Global Specialties Willis Re, an international reinsurance broker, announced …
Flesh-Eating Cattle Parasite Spreads Beyond Texas
Insurance Journal | June 10, 2026
Flesh-Eating Cattle Parasite Spreads Beyond Texas
Three more cases of the New World screwworm have been confirmed, including one outside the main cluster in Texas, demonstrating the difficulty of stopping a resurgent pest that could devastate the nation’s cattle industry, the U.S. Department of Agriculture announced …
Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
Insurance Journal | June 10, 2026
Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
Officials in the US and Canada are planning a ribbon-cutting ceremony in the coming days for a new C$6.4 billion ($4.6 billion) bridge linking Michigan to the province of Ontario, which President Donald Trump threatened to block earlier this year. …
Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
Insurance Journal | June 10, 2026
Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
A two-year investigation into immigrants with fake identity documents led to federal officials detaining 48 workers at a South Carolina metal casting business and six people facing state charges, including two top managers at the plant, authorities announced Thursday. Dozens …
CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
Insurance Journal | June 10, 2026
CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
The growing likelihood of an El Nino to emerge this summer has led Colorado State University hurricane researchers to slightly reduce their original forecast for the Atlantic hurricane season. In the latest forecast published June 10, CSU predicts a below …
Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC
Insurance Journal | June 10, 2026
Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC
An investigation by the Federal Trade Commission into diversity, equity and inclusion at a consultancy for law firms and legal departments has forced the company to shut down. The FTC said Diversity Lab LLC used “discriminatory DEI employment practices” in …
Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
Insurance Journal | June 10, 2026
Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
A licensed property-casualty insurance agent in Palm Beach Gardens has been charged with keeping payments for contractors’ surety bonds, then using the funds for personal gain. Checree Bryant, 51, of Innovative Bonding Services, was arrested last week and charged with …
Massachusetts Cites Worsening Drought Conditions as Summer Arrives
Insurance Journal | June 10, 2026
Massachusetts Cites Worsening Drought Conditions as Summer Arrives
Citing continued below-average rainfall and worsening dry conditions, Massachusetts officials have declared a significant drought (Level 2) in the Southeast, Cape Cod, and Islands regions of the state. Energy and Environmental Affairs Secretary Rebecca Tepper said the designation also recognizes …
Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus
Insurance Journal | June 10, 2026
Connecticut Drivers to Lose License for Repeatedly Failing to Stop for School Bus
Connecticut Governor Ned Lamont has signed a bill into law mandating a six-month suspension of a driver’s license of any driver who, upon a third or subsequent time, is caught violating the state law on stopping for school buses. Under …