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News Archives - Insurance Journal
Giuliani Fails to Get $10 Million Sexual Harassment Suit in New York Dismissed
A New York judge has ruled that former New York Mayor Rudy Giuliani must face a $10 million lawsuit accusing him of sexual assault, sexual harassment, and wage theft. Judge Nicholas Moyne, of the state Supreme Court for New York …
POSTED APRIL 01, 2026 3:27 PM |
Student Shoots a Teacher at Texas High School Before Fatally Shooting Self
A 15-year-old student shot a teacher at a Texas high school and then fatally shot himself Monday, according to authorities, who were still investigating what led to the early morning attack. No other injuries were reported at Hill Country College …
POSTED APRIL 01, 2026 3:05 PM |
Texas AG Sues Container Company Over Chemical Fire
Texas Attorney General Ken Paxton filed a lawsuit against Permian Basin Containers, LLC (“PBC”) and related entities for violations of Texas environmental laws and regulations after the company caused a catastrophic chemical fire in Odessa that endangered public health. Paxton …
POSTED APRIL 01, 2026 3:01 PM |
Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says
An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defense ministry said. Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit …
POSTED APRIL 01, 2026 2:00 PM |
Update: Trump Says Iran Ceasefire Only Possible When Hormuz Reopens
US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war. Iran’s “New Regime President” has asked the …
POSTED APRIL 01, 2026 1:38 PM |
North Korean Hackers Suspected in Axios Software Tool Breach
Axios, a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. Hackers were able to breach one of the few accounts that can release new versions of Axios …
POSTED APRIL 01, 2026 1:23 PM |
Russia and Ukraine Set to Intensify War as World Focuses on Iran
Vladimir Putin made a big deal of Russia’s success in seizing control of Kupyansk in eastern Ukraine late last year, even as Volodymyr Zelenskiy immediately challenged the claim by making a video address from the town. Now Russian forces are …
POSTED APRIL 01, 2026 12:58 PM |
Acrisure Completes Buy of MGA Vave From Canopius
Fintech Acrisure said it has completed it deal to acquire managing general agent Vave from its parent company, Canopius. Vave will continue to operate under its brand name and be a part of New York-based Acrisure Underwriting, a platform of …
POSTED APRIL 01, 2026 12:47 PM |
Vermont Defends Its Climate Superfund Law Against Trump Administration Lawsuit
Vermont’s effort to make fossil fuel companies pay for damage caused by climate change was tested Monday in a federal courtroom, where the state argued that two lawsuits challenging its groundbreaking 2024 law should be thrown out. Vermont became the …
POSTED APRIL 01, 2026 12:36 PM |
Viewpoint: How Will the Middle East War Affect the Insurance Sector?
The recent escalation of the Middle East war introduces geopolitical instability with potential long-lasting effects on commodities, financing conditions, global supply chains, and macro-credit conditions depending on the duration and scale of the conflict. S&P Global Ratings’ base case for …
POSTED APRIL 01, 2026 10:19 AM |
West News Archives - Insurance Journal
Viewpoint: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …
POSTED APRIL 01, 2026 5:00 AM |
California AG Bonta Says Sable Restart Won’t Lower Oil Prices
The restart of some 50,000 barrels a day of oil production off the coast of California will have have “no impact” on oil prices, the state’s Attorney General said in an interview on Bloomberg Televison. Houston-based oil driller Sable Offshore …
POSTED APRIL 01, 2026 5:00 AM |
FAA Imposes Restrictions on Some Landings at San Francisco Airport
The Federal Aviation Administration said on Tuesday that it was imposing new safety restrictions at San Francisco International Airport that will limit some landings and lead to significant delays. The FAA said the airport will experience delays due to a …
POSTED MARCH 31, 2026 5:30 PM |
How California’s Ambitious Car Pollution Rules Made Everyone’s Air Cleaner
Cars on the road today are 99% cleaner than they were in 1970. Air quality in the United States is much, much better as a result. In Los Angeles, where I live, lead levels in the air were 50 times …
POSTED MARCH 31, 2026 1:54 PM |
LA Utility Taps Muni Market as Buyers Weigh Wildfire Legal Risk
Los Angeles’ water and power utility is tapping the municipal bond market with its first offering since a judge ruled last month that the utility must face hundreds of lawsuits faulting its response to the devastating 2025 Palisades Fire. The …
POSTED MARCH 31, 2026 5:00 AM |
3 Killed in Tour Company Helicopter Crash Coast of Kauai
A sightseeing company’s helicopter crashed near a remote beach off the coast of the Hawaiian island of Kauai, killing three people and injuring two others, authorities said. It was the latest in a series of fatal crashes that has plagued …
POSTED MARCH 31, 2026 5:00 AM |
Hawaii to Take Over Aging Dam After Failure Scare During Floods
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …
POSTED MARCH 30, 2026 1:42 PM |
Study: Rebuilding LA to Wildfire Safety Standards Could Lower Future Fire Losses
A new analysis from the California Department of Insurance and the National Association of Insurance Commissioners shows that rebuilding the communities destroyed by the January 2025 Palisades and Eaton fires to a standard set by the Insurance Institute for Business …
POSTED MARCH 30, 2026 5:00 AM |
Inszone Acquires Streeter Brothers Insurance in Montana
Inszone Insurance Services acquired Streeter Brothers Insurance in Billings, Montana. Streeter Brothers Insurance will continue operating from its current Billings location, with the existing team remaining in place. Founded in 1922 by Delton and Delbert Streeter, Streeter Brothers Insurance has …
POSTED MARCH 30, 2026 5:00 AM |
The Scope of Damage From Hawaii’s Floods Becomes Clearer
The worst flooding to hit Hawaii in two decades has swept homes off their foundations, floated cars out of driveways and left floors, walls and counters covered in thick, reddish volcanic mud. Authorities said hundreds of homes had been damaged, …
POSTED MARCH 27, 2026 1:33 PM |
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