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News Archives - Insurance Journal
Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity
The global reinsurance market maintains a very strong capital position that has benefitted from favorable earnings in recent years, with solid underwriting profits and resilient investment returns. However, this record capacity from both traditional reinsurers and alternative capital markets continues …
POSTED SEPTEMBER 08, 2026 6:26 AM |
Seattle Times, Newsday Sue OpenAI, Microsoft, Alleging Copyright Infringement
The Seattle Times and Newsday sued OpenAI and Microsoft on Friday, alleging in federal court that the tech companies copied the newspapers’ journalism without permission to train their AI systems. The suit in the U.S. District Court for the Southern …
POSTED SEPTEMBER 08, 2026 5:24 AM |
OpenAI Top Scientist Urges ‘Extreme Caution’ With Pace of AI
OpenAI’s top scientist has warned that artificial intelligence is evolving so rapidly that it is becoming increasingly difficult for humans to understand and control,and said he expects AI labs to voluntarily slow development for safety reasons. In a relatively short …
POSTED SEPTEMBER 08, 2026 5:10 AM |
People Moves: Vivace Names Fenig CEO; Murray Joins Alliant’s Southern California Benefits Team; DUAL North America Adds Fowler as SVP
Vivace Insurance Partners Appoints Fenig as CEO Vivace Insurance Partners named Cordell Fenig CEO of Vivace Americas. Fenig was promoted to the position after having served as senior underwriter since the company’s Americas launch in March 2024. Fenig will lead …
POSTED SEPTEMBER 08, 2026 5:00 AM |
Arizona Group Home Provider in Scandal Escapes Penalties for Boy’s Death
The staff caring for Jakob Blodgett said he already had been sneaking candy and refused to take his insulin. An employee at the Arizona group home where the 9-year-old boy was being cared for texted a supervisor about the boy’s …
POSTED SEPTEMBER 08, 2026 5:00 AM |
GEICO Avoids Class Action Over Totaled Vehicle Payouts in New Jersey
A federal judge has declined to approve a class action lawsuit accusing GEICO of underpaying losses for totaled vehicles in New Jersey. The court declined to approve the class after concluding that individual issues outweighed the commonality of the proposed …
POSTED SEPTEMBER 08, 2026 5:00 AM |
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage
I have been writing about the insurance risks of intoxicating hemp products since 2021, when delta-8 THC gummies first started showing up in convenience stores and gas stations across the country. Back then, our message to the cannabis, hemp and …
POSTED SEPTEMBER 07, 2026 5:00 AM |
EQT to Pay $2 Billion for Majority Stake in McGill and Partners
EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion, as the Swedish buyout firm looks to accelerate the company’s global expansion. The investment will be made …
POSTED SEPTEMBER 06, 2026 3:16 PM |
Chicago River Bridge Gets Stuck After Lifting for Boat to Pass
A major bridge in downtown Chicago remained stuck in the raised position for more than four hours Wednesday after dangerous heat caused its components to expand. The DuSable Lake Shore Drive bridge, which crosses the Chicago River at Grand Avenue, …
POSTED SEPTEMBER 04, 2026 4:38 PM |
Ross Fire Continues Burning in North Texas
Ten days since the Ross Fire broke out west of Fort Worth, responders are still battling one of the largest wildfires in North Texas’ recorded history. And while parts of the region are expected to get some rain and slightly …
POSTED SEPTEMBER 04, 2026 4:26 PM |
West News Archives - Insurance Journal
People Moves: Vivace Names Fenig CEO; Murray Joins Alliant’s Southern California Benefits Team; DUAL North America Adds Fowler as SVP
Vivace Insurance Partners Appoints Fenig as CEO Vivace Insurance Partners named Cordell Fenig CEO of Vivace Americas. Fenig was promoted to the position after having served as senior underwriter since the company’s Americas launch in March 2024. Fenig will lead …
POSTED SEPTEMBER 08, 2026 5:00 AM |
Arizona Group Home Provider in Scandal Escapes Penalties for Boy’s Death
The staff caring for Jakob Blodgett said he already had been sneaking candy and refused to take his insulin. An employee at the Arizona group home where the 9-year-old boy was being cared for texted a supervisor about the boy’s …
POSTED SEPTEMBER 08, 2026 5:00 AM |
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage
I have been writing about the insurance risks of intoxicating hemp products since 2021, when delta-8 THC gummies first started showing up in convenience stores and gas stations across the country. Back then, our message to the cannabis, hemp and …
POSTED SEPTEMBER 07, 2026 5:00 AM |
Pabst Offers $20K Reward for Missing Beer in California Truck Heist
Pabst Blue Ribbon wants its beer back, and it’s offering a reward to help that happen. Greig DeBow, the CEO of Pabst Brewing Co., said Wednesday that the company will pay up to $20,000 to anyone who provides new information …
POSTED SEPTEMBER 04, 2026 1:24 PM |
SAIF in Oregon Declares $50 Million Dividend
SAIF is distributing a $50 million dividend to its policyholders. The board of the Oregon not-for-profit workers’ compensation provider declared the dividend, making it the 17th straight dividend distributed to policyholders. The dividend reflects SAIF’s continued financial strength and it …
POSTED SEPTEMBER 04, 2026 5:00 AM |
Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress
A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress. The four waivers sent by the EPA to Congress for review granted California …
POSTED SEPTEMBER 03, 2026 1:37 PM |
Insurance Again Dominates Number of Complaints to Oregon Consumer Advocates
Insurance continued to be the biggest generator of complaints to the Oregon Division of Financial Regulation, according to the division, which reported it recovered $3.88 million through the first six months of 2026. Insurance produced the majority of complaints filed …
POSTED SEPTEMBER 03, 2026 5:00 AM |
PG&E to Defer $2 Billion of Work After California Shelved Fire Bill
PG&E Corp. plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response didn’t do enough to protect …
POSTED SEPTEMBER 02, 2026 1:46 PM |
California Lawmakers Adjourn Without Voting on Wildfire Bill
The California Assembly adjourned without passing a revamp of the state’s wildfire response, sending up shares in two key power utilities, PG&E Corp. and Edison International. The deal fell apart Tuesday as lawmakers prepared to leave the state capitol. Major …
POSTED SEPTEMBER 02, 2026 5:00 AM |
Report: Medical Service Costs in California Comp Rising With Payments, Utilization
Medical service costs in California workers’ compensation rose 5% last year on the back of growth in both average payments and utilization, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its Medical Service Cost Trends …
POSTED SEPTEMBER 02, 2026 5:00 AM |
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