Category: Insurance Journal

People Moves: Arch Promotes Halgan as CEO of Global Reinsurance, Schmeiser as CEO, Global Mortgage; Sompo International Markets Names MacHale as CUO, Head of Strategy
Insurance Journal | June 19, 2026
People Moves: Arch Promotes Halgan as CEO of Global Reinsurance, Schmeiser as CEO, Global Mortgage; Sompo International Markets Names MacHale as CUO, Head of Strategy
This edition of International People Moves details appointments at global re/insurers Arch Capital Group and Sompo. A summary of these new hires follows here. Arch Capital Group Ltd., the Bermuda-based provider of insurance, reinsurance and mortgage insurance, announced the promotions …
Nasdaq Private Market Alleges Rival Hiive Stole Technology
Insurance Journal | June 19, 2026
Nasdaq Private Market Alleges Rival Hiive Stole Technology
Trading platform Nasdaq Private Market alleged that its Vancouver-based competitor Hiive has stolen trade secrets and infringed on its intellectual property in a lawsuit. The suit, filed Tuesday in Manhattan federal court, adds new allegations of trade secrets to a …
North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
Insurance Journal | June 19, 2026
North Carolina Ethics Panel Dismisses Complaint About Insurance Commissioner
The North Carolina Ethics Commission has dismissed a complaint against Insurance Commissioner Mike Causey, brought by a former employee who accused him of sexual harassment, news outlets reported. “After review and discussion as necessary, the Panel concluded its preliminary inquiry …
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 …