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Tag: insurance-journal

Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages
Insurance Journal | January 9, 2026
Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages
With flags already at half-mast across Switzerland, a chorus of church bells will ring out across Switzerland at 2 p.m. today in memory of the 40 victims of a deadly fire in a mountain resort. As the country pauses to …
Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs
Insurance Journal | January 9, 2026
Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs
The U.S. Supreme Court could issue at least one ruling on Friday as several major cases remain pending including litigation testing the legality of President Donald Trump’s sweeping global tariffs. The court may release opinions in argued cases when the …
NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg
Insurance Journal | January 9, 2026
NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg
North Carolina’s insurance commissioner has heard nothing from the White House, three weeks after he sent a letter urging the president to refrain from pardoning twice-convicted insurance entrepreneur Greg Lindberg. “Mr. Lindberg’s criminal conduct was not incidental, technical, or victimless. …
People Moves: Munich Re Syndicate Taps HDI’s Ogden as CEO; HDI Global UK & Ireland Names Hunt as Interim CEO in UK & Ireland as Ogden Departs
Insurance Journal | January 9, 2026
People Moves: Munich Re Syndicate Taps HDI’s Ogden as CEO; HDI Global UK & Ireland Names Hunt as Interim CEO in UK & Ireland as Ogden Departs
This edition of International People Moves details leadership transitions at Munich Re Specialty and HDI Global. A summary of these appointments follows here. Munich Re announced that Stephanie Ogden has been named CEO of Munich Re Specialty’s Syndicate, effective March …
Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites
Insurance Journal | December 31, 2025
Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites
Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for …
Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations
Insurance Journal | December 31, 2025
Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations
Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the public as advertised. Paxton’s lawsuit against the company alleged …
Michigan AG Provides Tips to Avoid Storm-Related Scams
Insurance Journal | December 31, 2025
Michigan AG Provides Tips to Avoid Storm-Related Scams
Michigan Attorney General Dana Nessel sent a reminder to residents to watch out for post-storm scams after a winter storm brought frigid air and more than two feet of snow to much of the state. To avoid falling victim to …
Ohio Wendy’s Sued for Disability and Age Discrimination
Insurance Journal | December 31, 2025
Ohio Wendy’s Sued for Disability and Age Discrimination
Wendy’s International, LLC violated federal law when it discriminated against a district manager because of disability and age, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the lawsuit, Wendy’s International, LLC, which owns and …
QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program
Insurance Journal | December 30, 2025
QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program
QBE Insurance Group announced it has closed a new catastrophe bond, which provides the re/insurer with $400 million of collateralized reinsurance cover for named storms and earthquakes in the US and earthquakes in Australia and New Zealand. This deal marks …
US Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
Insurance Journal | December 30, 2025
US Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
The Trump administration has launched investigations into the use of diversity initiatives in hiring and promotion at major U.S. companies, the Wall Street Journal reported. Google and Verizon are among a list of companies that have received Justice Department demands …