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News Archives - Insurance Journal
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims in Arkansas
A federal judge last month approved a preliminary class settlement resolving claims that State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an erroneous valuation method. Under the settlement agreement, State Farm will pay $15.6 million to …
POSTED APRIL 17, 2026 4:22 PM |
Update: Shipping Firms Seek Clarifications Before Transiting Now-Opened Hormuz
Shipping companies have cautiously welcomed Iran’s announcement that the Strait of Hormuz is open but said they would require clarifications, including about the risk of mines, before vessels move through the entry point to the Gulf. Foreign Minister Abbas Araqchi …
POSTED APRIL 17, 2026 4:05 PM |
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency
Marsh aims to be an “AI winner” through growth, productivity and efficiency gains, according to John Doyle, president and CEO of the broker and risk adviser. “[W]e see AI as a powerful accelerator and enabler in delivering value to our …
POSTED APRIL 17, 2026 3:07 PM |
Pensylvaia Firefighters Back on Job After 6-Day Insurance Lapse
The two volunteer fire departments serving the western Pennsylvania borough of Vandergrift have resumed responding to 911 calls. Mayor Lenny Collini said the firefighters returned to their stations on Thursday after a six day interruption due to a lapse in …
POSTED APRIL 17, 2026 3:00 PM |
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing
New York City Mayor Zohran Kwame Mamdani is seeking to lower the cost of property and liability insurance for affordable and rent-stabilized housing through a new city-run insurance program. Mamdani plans to hire independent actuarial experts to design and launch …
POSTED APRIL 17, 2026 2:56 PM |
People Moves: PIA Arkansas’ Shearon to Retire as Executive Director
The Professional Insurance Agents of Arkansas (PIA Arkansas) announced that Executive Director Staci Shearon will retire effective May 29, 2026, concluding nearly 20 years of leadership and service to the association and the independent insurance community. Shearon informed the PIA …
POSTED APRIL 17, 2026 2:52 PM |
Michigan Updates Air Quality Risk System Ahead of Wildfire Season
After Canadian wildfires brought extremely poor air quality to Detroit in the summers of 2023 and 2025, Michigan is updating how it communicates air quality risks to residents this year. The state is streamlining a system that has evolved with …
POSTED APRIL 17, 2026 2:50 PM |
South Texas Cities Racing to Drill Wells Amid Historic Drought Crisis
As a historic drought in South Texas deepens, parched cities along the coastal bend are following Corpus Christi’s playbook and racing to drill their way out of a crisis. But as more and more cities turn to groundwater instead of …
POSTED APRIL 17, 2026 2:32 PM |
Midwest States Reel from Severe Storms
Floodwaters from record rainfall in Wisconsin inundated streets Wednesday, trapping drivers and forcing officials to close sections of a highway, as other Midwestern states worked to rebuild after storms. Cars were stranded in high floodwater on a highway in Milwaukee …
POSTED APRIL 17, 2026 2:27 PM |
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs
Carnival Cruise Line should pay $300,000 to a former passenger after a federal jury in South Florida found that the company was negligent in serving the woman more than a dozen shots of tequila before she fell down some stairs …
POSTED APRIL 17, 2026 2:24 PM |
West News Archives - Insurance Journal
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case
An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed …
POSTED APRIL 17, 2026 5:00 AM |
70 Vehicle Pileup on Colorado Interstate Sends 8 to Hospital
Crashes involving about 70 vehicles snarled a section of a snowy Colorado highway and sent eight people to the hospital. The pileup Tuesday prompted officials to close the eastbound side of Interstate 70 in Clear Creek County, about 50 miles …
POSTED APRIL 17, 2026 5:00 AM |
Workers’ Comp Bureau of California Committee OKs 10.4% Hike in Pure Premium Filing
The Governing Committee of the Workers’ Compensation Insurance Rating Bureau of California voted to authorize the WCIRB to submit a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be …
POSTED APRIL 17, 2026 5:00 AM |
Grange Insurance Association Rebranding as Granwest Insurance
Seattle, Washington-based Grange Insurance Association will rebrand as Granwest Insurance. The new name reflects both the organization’s agricultural roots and its focus on the communities it serves. “Gran” comes from the Latin word grānum (seed), and “West” represents the region …
POSTED APRIL 16, 2026 1:55 PM |
California Wants to Fund Green Jet Fuel — By Raiding Your Road Repair Budget
California Gov. Gavin Newsom is advancing a plan that could funnel hundreds of millions in road dollars to a struggling oil refinery—pitching it as a cleaner jet fuel initiative. The credit, drawn from funds voters designated for highways and local …
POSTED APRIL 16, 2026 5:00 AM |
Kingstone Expanding into California on an E&S Basis
Kingstone Companies Inc. is expanding into the California homeowners insurance market on an excess and surplus lines basis, the company announced. Kingstone announced the move and a partnership with ZestyAI to deploy property-level wildfire risk analytics as part of the …
POSTED APRIL 16, 2026 5:00 AM |
California Attorney General, DAs Warn About E-Bike Safety and Legal Requirements
California law officials are warning people about the safety dangers and legal requirements of electric bicycles, also known as e-bikes California Attorney General Rob Bonta, Marin County District Attorney Lori Frugoli, San Francisco District Attorney Brooke Jenkins, and San Mateo …
POSTED APRIL 15, 2026 1:49 PM |
Seven States in West Added to IBHS Expands Wildfire Prepared Program
Seven new states in the Western U.S. are now part of a new wildfire preparedness designation program designed to help homeowners and builders in high-risk areas better protect properties and neighborhoods. The states were among 10 added to the Insurance …
POSTED APRIL 15, 2026 5:00 AM |
Public Interest Groups Backing California Homeowners Insurance Bills
A coalition of 40 groups ranging from wildfire survivors to environmental to small business to and community organizations called on lawmakers to pass four bills in California Legislature they say will help people buy and keep homeowners insurance coverage. The …
POSTED APRIL 15, 2026 5:00 AM |
USGS: Magnitude 5.7 Quake Strikes in Nevada, Aftershocks Likely
An earthquake with a 5.7 magnitude struck 20.4 kilometers (12.7 miles) east-southeast of Silver Springs, Nevada, according to a report from the U.S. Geological Survey. Nearby cities include Carson City (42 miles), Reno (45 miles) and South Lake Tahoe (58 …
POSTED APRIL 14, 2026 1:41 PM |
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