Category: Insurance Journal

Texas Takes Over Permitting for Carbon Storage Projects
Insurance Journal | March 20, 2026
Texas Takes Over Permitting for Carbon Storage Projects
The Texas Railroad Commission spent two years working to secure the authority to issue the permits energy companies need to inject and store carbon dioxide underground, a power previously held by the federal government. Last November, the Environmental Protection Agency …
Inszone Acquires Ohio Valley Insurance
Insurance Journal | March 20, 2026
Inszone Acquires Ohio Valley Insurance
Inszone Insurance Services, a provider of commercial, personal, and benefits insurance solutions, is pleased to announce its expansion in the Midwest through the acquisition of Ohio Valley Insurance, an established independent insurance agency with deep roots in agricultural and crop …
People Moves: Liberty Mutual Names Hobbs President of Underwriting, GRS
Insurance Journal | March 20, 2026
People Moves: Liberty Mutual Names Hobbs President of Underwriting, GRS
Liberty Mutual Insurance, headquartered in Boston, Massachusetts, named Phil Hobbs, currently president, Liberty International Insurance, as president of underwriting, Global Risk Solutions (GRS), effective April 1. Hobbs, who is based in London, will report directly to GRS President Matthew Moore …
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
Insurance Journal | March 20, 2026
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
Insurance industry trade associations are applauding a decision to change the homeowners insurance required by Fannie Mae and Freddie Mac, which the trades said will lower costs for homeowners and buyers. The Federal Housing Finance Agency this week announced the …
Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows
Insurance Journal | March 20, 2026
Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows
Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping …
Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
Insurance Journal | March 20, 2026
Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back debt linked to the transfer of Brazilian star Igor Jesus, putting yet more scrutiny on the team’s finances and ownership structure. A subsidiary of …
Decades After Canal Project Was Abandoned, Advocates Trying to Link 3 Rivers
Insurance Journal | March 20, 2026
Decades After Canal Project Was Abandoned, Advocates Trying to Link 3 Rivers
It was supposed to be Florida’s version of the Panama Canal — a shortcut for boats to pass through the middle of the state from the Atlantic Ocean to the Gulf instead of navigating around the peninsula. But work on …
Tally Hospital Sues to Evict Patient Who Won’t Leave Room 5 Months After Discharge
Insurance Journal | March 20, 2026
Tally Hospital Sues to Evict Patient Who Won’t Leave Room 5 Months After Discharge
The patient in Room 373 refuses to leave. Tallahassee Memorial Healthcare earlier this month sued the patient, saying she has refused to depart her hospital room since being discharged last October. The hospital also has asked a state judge in …
Rural New York Insurance Agency Under Investigation, Police Report
Insurance Journal | March 20, 2026
Rural New York Insurance Agency Under Investigation, Police Report
A Warwick, New York insurance agency is under investigation for alleged illegal practices. The Warwick Police Department reported it executed a warrant to search Fullerton Insurance in January for the purpose of obtaining documentation, electronic devices, and other potential evidence …
FAA Mandates Radar Checks on Helicopters and Planes Near DC Airport
Insurance Journal | March 20, 2026
FAA Mandates Radar Checks on Helicopters and Planes Near DC Airport
Air traffic controllers will use radar, not just visual checks, to ensure that helicopters maintain a safe distance from arriving and departing airplanes in the wake of last year’s fatal midair collision near Washington, D.C., federal officials announced Wednesday. The …