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Tag: insurance-journal

Climate Change Made Deadly Valencia Floods More Intense
Insurance Journal | February 20, 2026
Climate Change Made Deadly Valencia Floods More Intense
Man-made climate change intensified the rain that fell over Spain’s Valencia region in 2024, when flash floods and landslides caused at least 230 deaths and an estimated €29 billion in damages ($34 billion). Global warming also meant that sudden and …
How the UK Is Keeping Flood Insurance Affordable – Until 2039
Insurance Journal | February 20, 2026
How the UK Is Keeping Flood Insurance Affordable – Until 2039
While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance. That reassurance exists largely because of Flood Re. Launched in 2016, Flood Re is a national public–private reinsurance scheme that …
India Grants One-Month Extension to 4 Russian Marine Insurers
Insurance Journal | February 20, 2026
India Grants One-Month Extension to 4 Russian Marine Insurers
India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow. The stopgap move lasts for one month, …
Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program
Insurance Journal | February 20, 2026
Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML Program
Markel announced a new collaboration with Upfort to provide eligible U.S. cyber policyholders with an expanded suite of tools to help them safeguard their businesses and help reduce the risk of cyberattacks. Upfort Shield, a multi-layer cyber defense platform, is …
People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvig US CUO
Insurance Journal | February 20, 2026
People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvig US CUO
Amwins Appoints Yuko and Shapiro to Lead New Hospitality Practice Amwins, headquartered in Charlotte, North Carolina, named Michelle Yuko and Joey Shapiro as leaders of its new hospitality practice, a dedicated industry-focused group designed to support retail partners. While continuing …
Live Nation Loses Bid for Full Dismissal of Antitrust Suit
Insurance Journal | February 20, 2026
Live Nation Loses Bid for Full Dismissal of Antitrust Suit
Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the US Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismiss a case …
BioNTech Sues Moderna for Patent Infringement Over COVID Shots
Insurance Journal | February 20, 2026
BioNTech Sues Moderna for Patent Infringement Over COVID Shots
German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit said that mNEXSPIKE, Moderna’s next-generation COVID shot approved by …
People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
Insurance Journal | February 20, 2026
People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits
Higginbotham has hired Samuel Isaac Ritter, M.D., as medical director for employee benefits, adding a client-facing physician resource within its self-funded advisory work. As more employers move into self-funded plans, the questions landing on brokers are increasingly clinical: complex, high-cost …
More Snow Coming to California After Deadly Avalanche
Insurance Journal | February 19, 2026
More Snow Coming to California After Deadly Avalanche
A blast of mountain snow and flooding rain is falling over California, the last of a string of storms that brought much-needed moisture to the state yet triggered a deadly avalanche in the Sierras. Winter storm warnings stretch from the …
LA Fire Victims Suing City Utility for Billions Win Major Ruling
Insurance Journal | February 19, 2026
LA Fire Victims Suing City Utility for Billions Win Major Ruling
The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city’s premier seaside neighborhoods and caused tens of billions of …