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News Archives - Insurance Journal

People Moves: BMS Appoints Wilson as Director in Canadian Retail Division; WTW Promotes Cousins to Head of London Market Claims
This edition of International People Moves details appointments at brokers BMS and Willis. A summary of these new hires follows here. BMS Appoints Wilson as Director in Canadian Retail Division BMS, the independent insurance and reinsurance broker, announced the appointment …

POSTED JULY 14, 2025 4:39 PM
US Vehicle Recalls Reach Highest Level in Over a Year
More than 7.3 million vehicles were recalled between April and June, according to according to BizzyCar’s Q2 2025 Recall Report. The AI-driven, automated Service Recall Management Platform for auto dealers indicates the sharp rise in U.S. vehicle recalls marks the …

POSTED JULY 14, 2025 4:19 PM
Missouri Governor Repeals Guaranteed Paid Sick Leave Law
Eight months after voters approved it, Missouri Gov. Mike Kehoe signed the repeal of a law Thursday that had guaranteed paid sick leave to workers and inflationary adjustments to the minimum wage. The move marked a major victory for the …

POSTED JULY 14, 2025 4:15 PM
MGA Nexus Underwriting’s CEO Rouse Faces Internal Investigation for ‘Offensive’ Email
Nexus Underwriting, the London-based managing general agent, is investigating a “wholly inappropriate and offensive ” email sent by CEO Stuart Rouse. “We are aware of an internal email that has been shared externally and contains language and references that are …

POSTED JULY 14, 2025 4:07 PM
FEMA Removed Several Camp Mystic Buildings From 100-Year Flood Map, Records Show
Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, loosening oversight as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors, a …

POSTED JULY 14, 2025 3:57 PM
Unhealthy Smoke From Canadian Wildfires Blankets Upper Midwest
Much of the Upper Midwest on Saturday was dealing with swaths of unhealthy air because of drifting smoke from Canadian wildfires, covering the northern region of the U.S. at a time when people want to be enjoying lakes, trails and …

POSTED JULY 14, 2025 3:52 PM
NHTSA Opens Recall Query Into Over 27,000 Polestar 2 Vehicles
The U.S. National Highway Traffic Safety Administration said on Friday it had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened …

POSTED JULY 14, 2025 3:21 PM
Markets/Coverages: HDI Global, Parametric Insurer Descartes Launch EQ Cover in Japan
The Japan branch of Germany-based corporate & specialty insurer HDI Global SE, part of Talanx AG, has received regulatory authorization in Japan to offer parametric earthquake insurance. HDI Global collaborated with Paris-based Descartes Underwriting SA, a leader in corporate parametric …

POSTED JULY 14, 2025 3:20 PM
Wildfire Destroyed Historic Grand Canyon Lodge After Being Allowed to Burn
A wildfire raging along the Grand Canyon’s North Rim that leveled a historic lodge erupted over the weekend after burning for more than a week, raising scrutiny over the National Park Service’s decision not to aggressively attack the fire right …

POSTED JULY 14, 2025 2:58 PM
Ships Look to Dodge Red Sea Attacks With ‘All-Crew-Muslim’ Messages
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen’s Houthis after deadly attacks this week by the militia. The Red Sea …

POSTED JULY 14, 2025 2:41 PM

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