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News Archives - Insurance Journal

FAA Admits Faulure to Act on Warnings Before Jet-Copter Collision That Killed 67 People
The head of the Federal Aviation Administration will tell Congress on Tuesday the agency failed to act on warnings prior to the January 2025 fatal collision between an American Airlines regional jet and an Army helicopter that killed 67 people …

POSTED MAY 18, 2026 9:54 PM
Michigan Secures $108M Settlement With Monsanto for PCB Contamination
Michigan Attorney General Dana Nessel has secured a $108 million settlement with Monsanto Company (PDF), the major manufacturer of polychlorinated biphenyls (PCBs), and affiliated companies Solutia Inc. and Pharmacia LLC to address harms from PCB contamination in the State of …

POSTED MAY 18, 2026 4:50 PM
Business Moves: Vienna Insurance Purchases Nuernberger; Liberty Mutual Raises Stake in India Unit; Aon’s NFP Buys Irish Private Wealth Specialist; Gallagher Buys UK Law Firm
During this month, two insurers and two brokers have announced acquisitions in India and Europe. Details of these deals follow. Vienna Insurance Group Completes Purchase of Germany’s Nuernberger Vienna Insurance Group (VIG) has completed its acquisition of Nuernberger Beteiligungs AG …

POSTED MAY 18, 2026 4:44 PM
Inszone Acquires Florida’s Coastal Insurance, Shepherd Moves to New Bradenton Office
California-headquartered Inszone Insurance Services has continued its hot streak of acquisitions with the purchase of Coastal Insurance Services in Florida and affiliated Optimal Insurance Solutions. The acquisition marks Inszone’s first step into the Florida market, the company said in a …

POSTED MAY 18, 2026 4:33 PM
It’s a Good Thing? Martha Stewart to Get Into Home Insurance With Hint
Hint, a self-described “home management platform,” has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known multimedia mogul and businesswoman Martha Stewart has co-founded Hint …

POSTED MAY 18, 2026 3:14 PM

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