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News Archives - Insurance Journal

Electrical Fire Closes Broadway Theater Showing ‘The Book of Mormon’
A fire broke out Monday in the Broadway theater that hosts “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial …

POSTED MAY 05, 2026 9:46 PM
People Moves: Society Insurance Names Kohli as VP of Information Technology
Society Insurance announced that Kshitij Kohli has joined the organization as vice president of information technology. In this role, Kohli will lead Society’s technology strategy and execution, with responsibility for core systems, infrastructure, cybersecurity and technology investments aligned with business …

POSTED MAY 05, 2026 4:38 PM
TWFG Acquires Texas-Based Asset Protection Insurance Associates
TWFG announced that it has acquired Asset Protection Insurance Associates. This acquisition combines APIA’s deep specialization in the MGA space, and its highly client‑centric operating model, with TWFG’s expansive platform, resources, and growth infrastructure. By combining organizations, Castroville, Texas-based APIA …

POSTED MAY 05, 2026 4:19 PM
Railroad Wrongfully Suspended Worker for Reporting Collision: OSHA
A U.S. Department of Labor whistleblower investigation has found that a railroad company wrongfully suspended an employee for reporting a train collision and safety concerns, in violation of the Federal Railroad Safety Act. The department’s Occupational Safety and Health Administration …

POSTED MAY 05, 2026 4:12 PM
Wheat Crops Wither, Herds Thin as Spring Drought Deepens
Farmers across the Great Plains are confronting an intense drought that threatens winter wheat harvests and is pushing cattle producers toward costly feed purchases, prompting some to abandon plans to expand their herds. The dryness is expected to persist through …

POSTED MAY 05, 2026 4:00 PM
Berkshire Selects Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ Reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to …

POSTED MAY 05, 2026 2:38 PM
Rhode Island Approves 2.5% Workers’ Compensation Decrease
Rhode Island’s regulator has approved a 2.5% average reduction in overall workers’ compensation loss costs. The reduction will take effect on August 1, 2026. More than 200 insurers write workers’ compensation coverage in the state. The rate change was proposed …

POSTED MAY 05, 2026 2:22 PM
People: Sunstar Names New CEO, King Risk Adds Sales Leadership
Memphis-based Sunstar Insurance Group, an independent brokerage operating in nine states, announced Adam Meyerowitz as the new chief executive officer. He succeeds Casey Bowlin, who founded the firm in 2013 and will now move into the role of chairman. Meyerowitz …

POSTED MAY 05, 2026 1:59 PM
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …

POSTED MAY 05, 2026 1:32 PM
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home
Less than a month after former NASCAR driver Greg Biffle and his family died in a plane crash last year, investigators say two of their “friends” conspired to break into the empty home and took cash, guns and financial information …

POSTED MAY 05, 2026 1:25 PM

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