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News Archives - Insurance Journal
People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer
Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will …
POSTED SEPTEMBER 18, 2025 5:20 AM |
Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer
Climate change fueled scorching summer temperatures that killed an estimated 16,500 people in European cities this summer, pushing overall heat deaths to more than three times what might otherwise have occurred, according to a new study. The analysis presents an …
POSTED SEPTEMBER 18, 2025 5:10 AM |
Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California
Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting platform with Accredited’s financial strength and specialty program expertise to deliver …
POSTED SEPTEMBER 18, 2025 5:00 AM |
Storage Facility Employee Dies in Golf Cart Rollover
Police and rescue personnel in Marlborough, New Hampshire were dispatched earlier this month to the local Extra Space storage facility for a reported golf cart rollover and entrapment. The crews found the single occupant of the golf cart still pinned …
POSTED SEPTEMBER 18, 2025 5:00 AM |
New York Executives Blast State Over Regulatory ‘Black Hole’
At a recent roundtable with New York executives, Heather Briccetti Mulligan remembers the frustration of a businessman who compared trying to file a permit for a $200 million construction project with ordering a pizza. The pizza could be tracked by …
POSTED SEPTEMBER 18, 2025 5:00 AM |
New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap
Syracuse, New York based financial services firm Community Financial System, Inc. is expanding its commitment to insurance by investing $37.4 million in the insurance business of Leap Holdings, Inc. Leap’s wholly owned subsidiary, Leap Insurance Agency of Jersey City, New …
POSTED SEPTEMBER 18, 2025 5:00 AM |
People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals
IMA Financial Group Appoints Boothroyd as Chief People Officer IMA Financial Group, Inc. named Greg Boothroyd chief people officer. He leads IMA’s people strategy, focusing on programs and practices that invest in talent, preserve the firm’s core mission and address …
POSTED SEPTEMBER 18, 2025 5:00 AM |
Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits
The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening …
POSTED SEPTEMBER 18, 2025 4:36 AM |
Jefferson Parish’s Improved Flood Rating to Bring Cost Savings for Residents
Residents of Jefferson Parish, Louisiana could soon see a reduction in flood insurance premiums, after the parish improved its class rating for the National Flood Insurance Program (NFIP). Jefferson Parish’s Community Rating System (CRS) will improve from a Class 5 …
POSTED SEPTEMBER 17, 2025 4:54 PM |
Texas Drops Suit Against Doctor Accused of Illegal Care for Transgender Youth
One of the nation’s first doctors accused of illegally providing care to transgender youth under GOP-led bans was found to have not violated the law, Texas Attorney General Ken Paxton’s office says, nearly a year after the state sued the …
POSTED SEPTEMBER 17, 2025 4:39 PM |
West News Archives - Insurance Journal
Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California
Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting platform with Accredited’s financial strength and specialty program expertise to deliver …
POSTED SEPTEMBER 18, 2025 5:00 AM |
People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals
IMA Financial Group Appoints Boothroyd as Chief People Officer IMA Financial Group, Inc. named Greg Boothroyd chief people officer. He leads IMA’s people strategy, focusing on programs and practices that invest in talent, preserve the firm’s core mission and address …
POSTED SEPTEMBER 18, 2025 5:00 AM |
Orion180 Launches Homeowners Product in California That Includes High-Risk Zones
Orion180 Insurance launched of its FLEX Home Insurance product for California. FLEX is designed to give homeowners the ability to personalize policies, adjust coverage and deduct options based on risk exposure and financial goals. Orion180 has developed a proprietary wildfire …
POSTED SEPTEMBER 17, 2025 5:00 AM |
Workers’ Comp Rate Increase Proposed in Washington
The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers pay for workers’ compensation insurance in 2026. L&I says the increase would help pay for the rising cost of …
POSTED SEPTEMBER 17, 2025 5:00 AM |
Tornadoes Destroyed Several Homes in Southeastern Utah
Tornadoes destroyed several homes in southeastern Utah over the weekend, but authorities said there were no reports of people injured. A storm produced two tornadoes in San Juan County in southeastern Utah over the span of an hour starting around …
POSTED SEPTEMBER 16, 2025 7:40 PM |
California Lawmakers Pass Bill to Boost Oil Production
California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel prices in …
POSTED SEPTEMBER 16, 2025 5:00 AM |
California Commissioner Pushes for Wildfire Recovery Bill, Other Legislation
California Insurance Commissioner Ricardo Lara is urging Gov. Gavin Newsom to sign several wildfire and health-related bills that have passed the Legislature and are now awaiting the governor’s approval. “They reflect our collective responsibility to help individuals, communities, and businesses …
POSTED SEPTEMBER 15, 2025 9:35 PM |
Medical Costs Double in California Comp Claims With Functional Restoration Programs
Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed …
POSTED SEPTEMBER 15, 2025 8:32 PM |
California Extending Cap-And-Trade Program Aimed at Advancing State Climate Goals
California will extend a key climate program under a bill state lawmakers passed Saturday, sending the measure to Gov. Gavin Newsom, who has championed it as a crucial tool to respond to the Trump administration’s environmental rollbacks. The Democrat-dominated Legislature …
POSTED SEPTEMBER 15, 2025 4:32 PM |
California Roofing Contractor Must Pay $2M in Unpaid Wages, Damages
A federal court ordered a Northern California-based roofing contractor to pay $1.9 million in back wages and damages to 158 workers after a U.S. Department of Labor investigation reportedly found the employer failed to pay required overtime rates to workers. …
POSTED SEPTEMBER 15, 2025 5:00 AM |
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