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News Archives - Insurance Journal
Deadly Screwworm’s Leap Into the US Mystifies Health Experts
As the deadly New World screwworm spreads through Texas, posing significant risk to the US cattle herd, experts are still puzzling over the mystery of how it got there. The parasite fly’s larvae, which feeds within the wounds of warm-blooded …
POSTED JULY 06, 2026 4:11 PM |
Insurers Avoid €580 Million Hit From Nord Stream Pipeline Blasts
The insurers of the Nord Stream pipelines don’t have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine. Nord Stream …
POSTED JULY 06, 2026 3:50 PM |
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO
Insurance broker Hub International Holdings Inc. is seeking to raise about $3 billion in its initial public offering, according to people familiar with the matter. The Hellman & Friedman-backed company is targeting going public as soon as this year, some …
POSTED JULY 06, 2026 2:49 PM |
Viewpoint: Methuselah Mutuals
Precious few U.S. corporations have been in business for two centuries. Among them are King Arthur Flour (1790), CIGNA (1792), Jim Beam (1795) and Brooks Brothers (1818), although the storied suit-maker entered bankruptcy proceedings in 2020 due to a plunge …
POSTED JULY 06, 2026 2:34 PM |
Europe Faces Weeks of Extreme Heat as Fire and Power Risks Build
Western Europe is bracing for the summer’s third major heat wave, fueling dangerous wildfire conditions and straining power systems across the region. A high-pressure weather system is set to bring heat wave conditions this week to France, southern England and …
POSTED JULY 06, 2026 2:07 PM |
Japan-Linked Ships Escaping Hormuz in Convoy Through Iran Route
At least eight ships controlled by Japan’s Mitsui OSK Lines Ltd. are heading out of the Strait of Hormuz using a route close to Iran, including some of the last trapped oil tankers to exit the waterway. The vessels include …
POSTED JULY 06, 2026 1:53 PM |
People Moves: AIG Nabs Aon’s Williams for New Client, Broker Relationships Role
American International Group (AIG) said it has hire Christine Williams to be head of global client and broker relationships. Williams will begin this new role at AIG on Sept. 1 and report to Jon Hancock, CEO of AIG’s General Insurance …
POSTED JULY 06, 2026 1:52 PM |
New York City Investigating Legionnaires’ Disease Outbreak on Upper East Side
The New York City Health Department is investigating a cluster of 18 cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville. The city reports there have been no deaths associated with this cluster. Legionnaires’ …
POSTED JULY 06, 2026 1:21 PM |
Tiger’s Hospital Records to be Handed Over to Prosecutors in DUI Case
Prosecutors are allowed to review medical records related to Tiger Woods ‘ March vehicle crash and subsequent arrest in Florida on suspicion of driving under the influence, a judge has ruled. Judge Darren Steele approved an agreement last week between …
POSTED JULY 06, 2026 12:45 PM |
Co-Owner of Maine Lumber Mill Dies of Injuries From Fire and Explosion
The co-owner of a Maine lumber mill has died from injuries he sustained during a fire and explosion at the facility, bringing to three the number of fatalities. Alden J. Robbins died last Thursday from injures he suffered in the …
POSTED JULY 06, 2026 12:36 PM |
West News Archives - Insurance Journal
AM Best Places Credit Ratings of Topa in California Under Review
AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes subsidiary Dorchester Insurance Company Ltd. in the U.S. Virgin …
POSTED JULY 06, 2026 5:00 AM |
California Bans ‘Sell By’ Food Labels to Cut Food Waste
In Kimberley Kausen’s home, a passed “sell by” date on a jug of milk means different things to different family members. For her daughter, it means the jug belongs in the trash. For her husband, it means the milk is …
POSTED JULY 06, 2026 5:00 AM |
Washington Labor & Industries Opens Inspections at State’s Other Kraft Paper Mills
Two new inspections into kraft pulp and paper mills in Washington have been opened, following ongoing investigations at the Nippon Dynawave mill where a tank failure killed 11 workers. The Washington State Department of Labor & Industries said investigations are …
POSTED JULY 06, 2026 5:00 AM |
DUAL North America Launches California Homeowners Product
DUAL North America launched a California Homeowners insurance product, expanding its U.S. personal lines offering. The product is written on an HO-3 form, backed by an A.M. Best ‘A’ rated carrier, and offers dwelling coverage limits of up to $5 …
POSTED JULY 02, 2026 5:00 AM |
Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws
A Washington farm labor contracting company faces nearly $700,000 in fines for labor violations. The Washington State Department of Labor & Industries cited Superbee Contracting LLC, of Moxee in Yakima County, with breaking six farmworker protection laws involving nearly 1,200 …
POSTED JULY 02, 2026 5:00 AM |
San Francisco Archdiocese Paying $395M to Settle Child Sex Abuse Lawsuits
The San Francisco Catholic Archdiocese has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, plaintiffs’ attorneys said Monday. San Francisco Archbishop Salvatore Cordileone will have to write an apology letter …
POSTED JULY 01, 2026 2:25 PM |
Airbnb Must Face LA Lawsuit Alleging Price Gouging During 2025 Wildfires
Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of price gouging during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. Judge Robert Broadbelt of …
POSTED JULY 01, 2026 5:00 AM |
California Government Launches AI Job Loss Tracker as Layoff Fears Grow
California launched a tool designed to serve as an “early warning system” for widespread AI-driven job loss. The tool, called the California AI-Unemployment Tracker, links multiple measures of an occupation’s AI exposure to the state’s monthly unemployment insurance claims data …
POSTED JULY 01, 2026 5:00 AM |
3 Firefighters Killed in Colorado as Wildfires Stoked By Heat, Wind Rage Across West
Blistering heat and strong winds Sunday stoked wildfires across the West after three firefighters were killed a day earlier in Colorado while battling a blaze along the state’s border with Utah. The National Weather Service said wildfire conditions “remain critical” …
POSTED JUNE 30, 2026 5:00 AM |
LA Palisades Fire Jury Fails to Reach Verdict in Arson Trial
A federal jury failed to reach a verdict in the arson case over the most destructive wildfire in Los Angeles history. U.S. District Judge Anne Hwang declared a mistrial after jurors told her Friday they were divided and unable to …
POSTED JUNE 30, 2026 5:00 AM |
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