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Month: July 2025

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Insurance Journal

Huge Quake Rocks Russia’s Far East, Triggering Tsunami Warnings Around Pacific

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  • Post Date July 30, 2025
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Estimated read time 1 min read

A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away as French Polynesia and Chile, [Read More…]

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Insurance Journal

Brown & Brown’s Profit Climbs on Fee and Commission Growth

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  • Post Date July 30, 2025
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Estimated read time 1 min read

Brown & Brown (BRO.N) posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing [Read More…]

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Insurance Journal

Derechos: An Uncommon And Destructive Weather Event

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  • Post Date July 30, 2025
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Estimated read time 1 min read

Prolonged wind events that unleash heavy rainfall and travel far distances sometimes qualify as derechos. Derechos can happen almost anywhere in the United States but [Read More…]

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Insurance Journal

Palo Alto Networks Reaches $25 Billion Deal for CyberArk

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  • Post Date July 30, 2025
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Estimated read time 1 min read

Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. Palo Alto [Read More…]

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Insurance Journal

Fermi National Accelerator Laboratory Hit in Cyberattack Targeting SharePoint

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  • Post Date July 30, 2025
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Estimated read time 1 min read

The Fermi National Accelerator Laboratory, one of the Department of Energy’s 17 national labs, was attacked by hackers as part of a recent campaign seeking [Read More…]

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Insurance Journal

‘New Normal’ Sets in as Pace of Insurance Agency M&A Becomes Clear

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  • Post Date July 30, 2025
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Estimated read time 1 min read

Insurance agency mergers and acquisitions during the second quarter 2025 were up 11% over the prior quarter, but M&A activity for the first half of [Read More…]

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Insurance Journal

Air India Audit Finds 51 Safety Lapses, From Unapproved Simulators to Training Gaps

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  • Post Date July 30, 2025
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Estimated read time 1 min read

India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved [Read More…]

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Insurance Journal

Texas Auto Insurer for Residual Market Approved for Rate Increase

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  • Post Date July 30, 2025
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Estimated read time 1 min read

The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the [Read More…]

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Insurance Journal

How to Stay Ahead of the Summer Renewal Rush

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  • Post Date July 30, 2025
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Estimated read time 1 min read

This post is part of a series sponsored by EZLynx. Summer is a notoriously busy season for insurance renewals, especially for personal lines like auto [Read More…]

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Insurance Journal

Shanghai Evacuates 280,000 Residents as Tropical Storm Nears

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  • Post Date July 30, 2025
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Estimated read time 1 min read

Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm nears China’s financial hub, bringing strong winds and heavy rainfall that threatens [Read More…]

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  • FAA’s Failure to Act on Safety Risks Blamed for Midair Collision at Reagan Airport
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