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News Archives - Insurance Journal

Markets/Coverages: Mosaic Raises Cyber Capacity to US$25M in Canadian Market
Mosaic Insurance will increase its cyber-risk capacity to US$25 million/C$40 million per risk in Canada, effective January 1, 2026, allowing the specialty insurer to meet rising demand across all provinces and territories. The increase more than doubles Mosaic’s previous limit …

POSTED DECEMBER 23, 2025 5:35 PM
Hawaii Building Fires Are on the Rise and Safety Inspections Aren’t Keeping Up
Regular inspections of hotels and other accommodations required by the state of Hawaii are being inconsistently carried out by most county fire departments. Three people died in two structure fires in Hilo on Hawaii island in October and November in …

POSTED DECEMBER 23, 2025 5:18 PM
Breaking: Senators Launch Probe Into Demotech’s Ratings in Florida
Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. In a letter sent …

POSTED DECEMBER 23, 2025 5:13 PM
AM Best Places Jet Insurance Ratings Under Review Following Acquisition
AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company, following the close of the acquisition of Jet by Amherst Specialty …

POSTED DECEMBER 23, 2025 5:05 PM
50% Rule: TN Supreme Court Finds Driver Due Knee Replacement Despite Arthritis
It’s an age-old question that continues to come up for workers’ compensation insurers around the country: When is an injury an aggravation of an existing condition, and when is it compensable, perhaps requiring expensive surgery and more? The Tennessee Supreme …

POSTED DECEMBER 23, 2025 4:53 PM

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