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News Archives - Insurance Journal

Boston Joins Suits Against Social Media Giants Alleging Harm to Students
Mayor Michelle Wu announced that the city of Boston, on behalf of Boston Public Schools (BPS), has filed a lawsuit against Meta and other social media companies, including TikTok, Snapchat, and YouTube, alleging that these platforms deliberately target minors with …

POSTED JULY 09, 2026 3:05 PM
Hormuz Ship Insurance Demand Drops as Owners Get Nervous
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. …

POSTED JULY 09, 2026 3:03 PM
California Bill to Enable Insurers to Use Driver Telematics Is Making Its Way Through Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior in is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving …

POSTED JULY 09, 2026 2:59 PM
Honda’s Insurance Agency Operations Stall, Services ‘Paused’
About a year after launching, Honda Insurance Solutions is no longer in operation. Started as a licensed insurance agency for Honda and Acura owners in July 2025, Honda Insurance Services worked with brokerage VIU by HUB to offer quoting and …

POSTED JULY 09, 2026 1:01 PM
Viewpoint: Insurance, Cybersecurity Are Twin Pillars of Resilience for iGaming Industry
Executive summary: Once seen as niche, the iGaming, or the online gambling and sports betting industry, has come of age — now a regulated global market, expanding rapidly and attracting mainstream attention. In this article, Elizabeth Grima of the specialty …

POSTED JULY 09, 2026 10:39 AM
Amwins and Dragoneer Consortium Reaffirm $5.3B Bid for Australia’s Steadfast
Australia’s Steadfast said on Thursday that Amwins Group and Dragoneer Investment had reaffirmed their takeover proposal valuing the insurance broker at A$7.7 billion ($5.34 billion), prompting a four-week extension of the exclusivity period. Here are some details: The consortium reaffirmed …

POSTED JULY 09, 2026 10:10 AM
Hormuz Ship Traffic Grinds to Near Halt After US, Iran Strikes
Traffic through the Strait of Hormuz came to a near standstill on Thursday, after the US struck Iran for a second straight day as a fragile truce between the two sides looked increasingly shaky. Observable movements in the world’s most …

POSTED JULY 09, 2026 7:58 AM
UK Water Regulator Finds Severn Trent Breached Wastewater Duties
UK water regulator Ofwat found that Severn Trent Plc had “serious failings” in how it deals with wastewater and sewage as part of a broad investigation into practices of utilities in the sector. Ofwat didn’t impose a fine on Severn …

POSTED JULY 09, 2026 5:30 AM
Deere Settles Lawsuit by FTC, States Over Equipment Repair Restrictions
Deere agreed on July 8 to settle a lawsuit by the Federal Trade Commission and five U.S. states accusing the farm equipment maker of illegally requiring farmers to use its network of authorized dealers for repairs, rather than use independent …

POSTED JULY 09, 2026 5:15 AM
Coffee Trader Seeks to Shield More Vietnam Growers With its Specialty Weather Cover
Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk. The …

POSTED JULY 09, 2026 5:05 AM

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