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News Archives - Insurance Journal
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
Safety Insurance Group Inc,, a property/casualty insurer in Massachusetts and New England, has agreed to be acquired by Span’s Mapfre S.A. in an all-cash transaction valued at approximately $1.54 billion. Under the terms of the agreement, a subsidiary of Mapfre …
POSTED JULY 23, 2026 10:36 PM |
People Moves: Brown & Riding Names Kane to National Casualty Practice
Brown & Riding to announced that Abe Kane has joined its National Casualty Practice. With over 20 years of industry experience, Kane specializes in casualty solutions for public entities and higher education institutions. His background spans underwriting, reinsurance, and specialty …
POSTED JULY 23, 2026 4:37 PM |
War Risk Insurance Costs Surge for Southern Red Sea Voyages After Houthi Attacks
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned Houthis attacked at least one tanker overnight, sources said. The Houthis said their forces had carried out missile and drone …
POSTED JULY 23, 2026 4:36 PM |
Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim
One of Florida’s largest property insurers won a major victory Wednesday from an appeals court, which found that a jury’s $335,000 award in a claims dispute over plumbing damages was far out of line with the evidence. “The verdict was …
POSTED JULY 23, 2026 4:34 PM |
Eight Sentenced in $1.2M Travel Insurance Fraud Scheme
Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney’s Office, Southern District of Indiana announced. According to court documents, Jennifer Fleener devised a scheme in 2016 to …
POSTED JULY 23, 2026 4:32 PM |
Tech Update: Gallagher Enhances Digital Insurance Platform for Aviation Clients
Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance management system. The new enhanced digital platform is designed to help clients drive efficiency and offers analytical insights on their …
POSTED JULY 23, 2026 4:25 PM |
Cyclosporiasis Cases in Michigan Climb to Over 7,000, State Health Officials Say
Michigan health officials reported 7,171 cases linked to an outbreak of cyclosporiasis on Wednesday, up 600 cases since its last update on Tuesday. The outbreak of the intestinal infection in Michigan has resulted in 102 hospitalizations, according to the state …
POSTED JULY 23, 2026 4:16 PM |
Wildfires Force France to Evacuate Tourists From Campsites
Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat waves created tinderbox conditions. Hundreds of firefighters are battling blazes that have so far burned 3,100 hectares in the Bassin …
POSTED JULY 23, 2026 3:56 PM |
Federal Judge Casts Doubt on 69,000 Cases Alleging J&J Talc Caused Cancer
A federal judge cast doubt on July 22 on claims by approximately 69,000 people alleging that Johnson & Johnson’s JNJ.N baby powder and other talc products caused ovarian cancer, saying plaintiffs must provide more specific evidence or risk having their …
POSTED JULY 23, 2026 3:36 PM |
Hacker Breaches South Korean Database of Nearly All Diplomats
South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach at a government-run training academy. A system that held roughly 10,000 records of current and retired diplomats is believed to …
POSTED JULY 23, 2026 3:32 PM |
West News Archives - Insurance Journal
Coverwatch in California Raises $4.5M for Its AI-Native Service
Coverwatch has raised a $4.5 million pre-seed round to help accelerate product development and expand the team at the San Francisco-based firm. The round was led by CoFound and Restive with participation from KFund, liquid2 ventures and others. Coverwatch is …
POSTED JULY 23, 2026 1:10 PM |
People Moves: UCA Promotes Eusebio to VP of Operations
UCA General Insurance Services, Inc. promoted Laurie Eusebio to vice president of operations. The new role will include a range of responsibilities involving all departments in the firm. Eusebio started with UCA in 2006 as a marketing assistant. Since then, …
POSTED JULY 23, 2026 5:00 AM |
Luxury Homes Are Raising Risks for California FAIR Plan
As California’s wildfire insurance crisis drives homeowners to the state’s insurer of last resort, wealthy areas such as Beverly Hills, Malibu and Bel Air make up an increasingly large portion of the liability exposure — a dynamic that experts fear …
POSTED JULY 22, 2026 1:19 PM |
Hybrids Boom as EVs Fall Out of Favor Even in California
In America’s EV stronghold, another type of vehicle is rapidly gaining ground. Hybrids accounted for almost one in every four automobiles registered in California in the second quarter, according to newly released data from the California New Car Dealers Association. …
POSTED JULY 22, 2026 5:00 AM |
Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
Arizona vehicle thefts continued to fall in the first half of 2026, down 24% in year-to-year thefts compared with the first half of 2025, the Arizona Automobile Theft Authority reported. AATA reported that for the first six months of 2026, …
POSTED JULY 22, 2026 5:00 AM |
People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
Mutual of Enumclaw Insurance Holding Company Appoints Roddy as CFO Mutual of Enumclaw (MOE), headquartered in Enumclaw, Washington, appointed Scott Roddy as chief financial officer (CFO) of the Mutual of Enumclaw Insurance Holding Company. Roddy brings more than 20 years …
POSTED JULY 21, 2026 5:00 AM |
LA Dodgers Owner’s Insurers Being Probed by Prosecutors
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from U.S. prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge …
POSTED JULY 21, 2026 5:00 AM |
License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused
Utah revoked another campus license on Friday for the boarding school where Paris Hilton said she was abused as a teenager, marking a major victory in the hotel heiress’ yearslong effort to get the school shut down. The Utah Department …
POSTED JULY 20, 2026 2:26 PM |
California Utility Has Offered $750M in Program for Eaton Fire Victims
Southern California Edison announced that more than $750 million has been offered through its Wildfire Recovery Compensation Program to compensate people impacted by one of the massive 2025 Los Angeles wildfires. The company said there’s continued interest in its voluntary …
POSTED JULY 20, 2026 5:00 AM |
Taco Bell Lettuce From California Farm Supplier Linked to Cyclosporiasis Outbreak
Shredded iceberg lettuce supplied to Yum Brands’ Taco Bell restaurants by California-based supplier Taylor Farms has been identified by investigators as a potential source of contamination in the cyclosporiasis outbreak that has sickened thousands of people in the U.S., the …
POSTED JULY 17, 2026 1:37 PM |
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