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News Archives - Insurance Journal
Four Screwworm Cases Found on a Texas Farm in Biggest Batch Yet
The four most recent cases of the New World screwworm have been confirmed on the same Texas property, marking the largest cluster of detections to be reported since the parasite was found in the US earlier this month. Three cattle …
POSTED JUNE 25, 2026 7:00 AM |
Google’s YouTube Settles Case Over Social Media Harm to Children
Google’s YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media’s role in the youth mental health crisis. The terms …
POSTED JUNE 25, 2026 5:13 AM |
SPAC Deals Seen as Key Path to Public Market in Data Center Boom
The rebound in blank-check companies is proving to be a useful route to public markets for companies involved in the artificial intelligence-data center build-out, said Betsy Cohen, a veteran of dealmaking in special purpose acquisition companies (SPAC). The Cohen Circle …
POSTED JUNE 25, 2026 5:08 AM |
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing
National insurance groups are hailing the signing of a new law in North Carolina, one that makes the state the first to place an outright ban on third-party funding of lawsuits. House Bill 315, signed by Gov. Josh Stein this …
POSTED JUNE 25, 2026 5:01 AM |
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
POSTED JUNE 25, 2026 5:00 AM |
NYC Hires Pinnacle Actuaries, Seeks Private Partners for City-Backed Insurance Program
New York City has taken the next steps toward realizing its vision of a city-backed insurance program for affordable housing providers. The city has selected Pinnacle Actuarial Resources to provide actuarial analysis and technical support. Also, the city has issued …
POSTED JUNE 25, 2026 5:00 AM |
Digital Insurer Honeycomb Insurance Expands into Nevada
Digital insurer Honeycomb Insurance is expanding into Nevada roughly one month after receiving a $40 million funding round. The company’s recent launches include operations in Kansas and Missouri. Honeycomb’s digital platform is designed to enable agents to quote and bind …
POSTED JUNE 25, 2026 5:00 AM |
People Moves: HDI Global Names New Leadership
As part of its new group strategy Xcelerate29, corporate & specialty insurer HDI Global (HDI) will implement a new organizational setup and leadership changes in its U.S. business. HDI Global U.S. named Shadi Albert as the new CEO as of …
POSTED JUNE 25, 2026 4:48 AM |
Super El Niño Risk Tally: Wildfires, A ‘Mini-Dust Bowl,’ Flooding
What’s being referred to as a super El Niño is now looking more than likely, and it brings with it increased wildfire risk in the West, drought and a possible “mini-Dust Bowl” in parts of the Great Plains, the potential …
POSTED JUNE 24, 2026 9:34 PM |
Millions of Honeybees Escape After Texas Semitrailer Crash
Millions of honeybees escaped into a rural Texas neighborhood after a semitrailer carrying about 400 hives tipped over, officials said. Emergency officials in Orange County, Texas, shut down roads in the area Sunday morning and warned residents to stay in …
POSTED JUNE 24, 2026 4:11 PM |
West News Archives - Insurance Journal
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
POSTED JUNE 25, 2026 5:00 AM |
Digital Insurer Honeycomb Insurance Expands into Nevada
Digital insurer Honeycomb Insurance is expanding into Nevada roughly one month after receiving a $40 million funding round. The company’s recent launches include operations in Kansas and Missouri. Honeycomb’s digital platform is designed to enable agents to quote and bind …
POSTED JUNE 25, 2026 5:00 AM |
Smoke From LA Warehouse Fire Affecting Residents, Businesses
Smoke continues to billow from a fire at a massive warehouse in Los Angeles, drawing complaints about air quality from residents and interrupting nearby businesses. A fire at a 491,000-square-foot cold storage warehouse located near homes in Boyle Heights continues …
POSTED JUNE 24, 2026 1:53 PM |
FEMA Frees $15.4M for Flood, Earthquake and Wildfire Projects in California
The Federal Emergency Management Agency released federal funding for hazard mitigation projects in California to address flood, earthquake and wildfire risks. Congress authorized the projects through the Fiscal Year 2026 Homeland Security and Further Additional Continuing Appropriations Act. Funding was …
POSTED JUNE 24, 2026 5:00 AM |
Former Idaho Insurance Agent Pleads Guilty to Backdating Policy
A former Idaho insurance agent pled guilty to insurance fraud for backdating a policy. Stetzen Bailey, of Heyburn, a former Farm Bureau Insurance agent, pled guilty to one felony count of insurance fraud. An investigation by the Idaho Department of …
POSTED JUNE 24, 2026 5:00 AM |
UPS Mechanic in California Pleads Guilty to Workers’ Comp Fraud
A former UPS mechanic plead guilty to workers’ compensation fraud following video evidence showing he was never injured in a reported incident. Derrick Hodge pled to felony insurance fraud and was sentenced to 90 days in jail, two years of …
POSTED JUNE 24, 2026 5:00 AM |
LA Warehouse Fire That Prompted Shelter-in-Place Orders Still Burning
Seven days into a fire at a large frozen-food storage facility near downtown Los Angeles, firefighters began moving parts of the exterior walls to try to gain access but they have yet to enter the building, officials said. Firefighters continue …
POSTED JUNE 23, 2026 1:49 PM |
Workday Must Face California Lawsuit Over AI Bias in Job Screening Tools
Workday must face claims that its popular AI-powered human resources software weeded out job applicants at other companies in ways that violated California law and a federal ban on discrimination against workers with disabilities, a federal judge ruled on Monday. …
POSTED JUNE 23, 2026 5:00 AM |
Lawsuit Says Gas Stations Using AI to Inflate Prices in California
A group of California consumers claimed in a lawsuit that gas station owners including Walmart Inc., Marathon Petroleum Corp., BP Plc and 7-Eleven Inc. are using artificial intelligence to illegally manipulate pump prices in the state that already has the …
POSTED JUNE 23, 2026 5:00 AM |
Progress Made on LA Warehouse Fire That Prompted Shelter-in-Place Orders
Firefighters are making progress on a large blaze at a warehouse that blackened the skies near downtown Los Angeles and prompted shelter-in-place orders in the area due to the risk of hazardous air. Fire crews were able to remove the …
POSTED JUNE 22, 2026 1:32 PM |
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