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Category: Insurance Journal

St. Louis Alderman Sentenced to 16 Months for Insurance Fraud
Insurance Journal | April 30, 2026
St. Louis Alderman Sentenced to 16 Months for Insurance Fraud
U.S. District Judge Henry E. Autrey this week sentenced former St. Louis Alderman Brandon Bosley to 16 months in prison for insurance fraud and lying to the FBI. Bosley will be on supervised release for three years after his release …
2 Young People Arrested in Alleged Plot to Attack Texas Synagogue
Insurance Journal | April 30, 2026
2 Young People Arrested in Alleged Plot to Attack Texas Synagogue
Two young people have been arrested in an alleged plot to attack a Texas synagogue that involved driving through the congregation to “kill as many Jews as possible,” according to authorities and court documents. The arrests come a month after …
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires
Insurance Journal | April 30, 2026
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires
This edition of International People Moves details appointments at Apollo and The Fidelis Partnership. Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie Apollo, the London-based subsidiary of Skyward Group, announced the launch of an international casualty reinsurance …
Steel Company Faces $12M Settlement Over Contamination at Ohio Site
Insurance Journal | April 30, 2026
Steel Company Faces $12M Settlement Over Contamination at Ohio Site
The Department of Justice announced a proposed settlement with Cleveland-Cliffs Steel Corporation (Cliffs) requiring it to address releases of hazardous waste at its Middletown Works facility. Under the proposed consent decree, Cliffs will perform long-term corrective measures to comply with …
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance Journal | April 30, 2026
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to …
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurance Journal | April 30, 2026
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4 million, of …
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Insurance Journal | April 30, 2026
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway. Two …
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Insurance Journal | April 30, 2026
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, added Matthew Friedson to its employee benefits group as first vice president. Based in Bethesda, Maryland, he will work with clients throughout the Northeast to tailor executive benefits and financial strategies for their …
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Insurance Journal | April 30, 2026
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledges that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …
Texas Seeks to Ban In-Home Ketamine
Insurance Journal | April 30, 2026
Texas Seeks to Ban In-Home Ketamine
The Texas Medical Board is proposing tighter regulations around ketamine, a popular fast-acting sedative used to treat mental illness, including more physician oversight during administration of the drug and banning in-home use of it. The revised rules are expected to …