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News Archives - Insurance Journal
London Broker Howden Plots Giant Capital Raise on IPO Path
Howden Group, the London-based insurance broker that’s chasing an initial public offering by 2030, is in talks to raise several billion pounds in new private capital as it seeks to maintain its breakneck expansion. The group, which is already backed …
POSTED JULY 17, 2026 12:53 PM |
Man Charged With Arson for Fire at Philadelphia Islamic Center
A Philadelphia man has been arrested and charged with arson related a fire at a mosque in the city last week. U.S. Attorney David Metcalf announced that Vincent Lang was arrested and criminally charged with maliciously damaging or destroying by …
POSTED JULY 17, 2026 12:46 PM |
Wife of Ryanair Passenger Partially Sucked Out of Plane Window Recalls Incident
Svetlana Maksimovic and her husband Ljubisa Karovic had just settled into a Ryanair flight last week when a loud bang pierced the hum of engines. Within seconds, she saw her 61-year-old husband being sucked through a dislodged cabin window. In …
POSTED JULY 17, 2026 12:33 PM |
Drones, AI and White Paint: Europe Races to Protect Infrastructure From Heat
As Europe’s railways buckle under record heat, roads melt and power grids strain, countries are turning to an array of fixes for aging infrastructure, from drones inspecting tracks and AI-powered sensors to a surprisingly simple tool: white paint. At Norway’s …
POSTED JULY 17, 2026 9:10 AM |
Viewpoint: The AI Ransomware That Couldn’t Get Paid
On July 1st, security researchers at Sysdig published something they had never documented before. A ransomware attack that ran from start to finish without a single human directing it, an AI agent alone at every stage. If you work in …
POSTED JULY 17, 2026 5:46 AM |
US Aims to Set Guardrails for Autonomous Vehicle Behavior
The Trump administration is working to develop new safety requirements governing how autonomous vehicles behave on the road as the industry contends with a series of safety mishaps. Officials aim to finalize the new requirements before the end of President …
POSTED JULY 17, 2026 5:24 AM |
White House Unveils AI Clearinghouse for Cybersecurity Risks
The Trump administration is moving to strengthen coordination on artificial intelligence cybersecurity through a new industry clearinghouse to improve the detection and patching of network vulnerabilities, especially in open-source software. The clearinghouse, named Gold Eagle, was rolled out earlier this …
POSTED JULY 17, 2026 5:15 AM |
Americans Are Angry About Data Centers and Politicians Are Feeling the Pressure
From Michigan Avenue, Saline Township looks like any other farming community, with its corn and soybean fields, silos and grain elevators. Just down the road, though, cranes reach above towering fences at the site of a $16 billion project — …
POSTED JULY 17, 2026 5:02 AM |
New York Approves 22% Workers’ Compensation Cost Reduction
New York has approved a 21.9% reduction in workers’ compensation insurance premium rates, which the state says represents an estimated savings of more than $1 billion for businesses or an average of $1,779 per employer in the state. The loss …
POSTED JULY 17, 2026 5:00 AM |
People Moves: Gabbay Elected to CopperPoint Board of Directors
CopperPoint Insurance Company elected Steve Gabbay to the CopperPoint Mutual Insurance Holding Company board of directors. Since 2009, Gabbay has been the chief operating officer of YAM Worldwide, which operates more than a dozen companies across a variety of industries. …
POSTED JULY 17, 2026 5:00 AM |
West News Archives - Insurance Journal
People Moves: Gabbay Elected to CopperPoint Board of Directors
CopperPoint Insurance Company elected Steve Gabbay to the CopperPoint Mutual Insurance Holding Company board of directors. Since 2009, Gabbay has been the chief operating officer of YAM Worldwide, which operates more than a dozen companies across a variety of industries. …
POSTED JULY 17, 2026 5:00 AM |
California Rivals Have Starkly Different Plans to Remake Home Insurance
As high temperatures bake California and strong winds make it more susceptible to fire, voters in the state are being wooed by political candidates with divergent visions for how to protect homes from stepped-up climate risks. California has the nation’s …
POSTED JULY 17, 2026 5:00 AM |
Risk Theory Launches Jupiter Platinum Home E&S Product in California
Risk Theory Insurance Services launched Jupiter Platinum Home, a primary excess and surplus product for high-net-worth homeowners in California. The program, with capacity from Amherst Specialty Insurance, is built for homes with a $750,000 dwelling limit up to $25 million …
POSTED JULY 16, 2026 5:00 AM |
Busy Wildfire Season in West Tests Fire Bosses as They Juggle Resources
It’s already been a deadly year for firefighters, and authorities have been putting resources where they can more quickly pounce on wildfires before they get out of hand and increase the possibility of additional loss of life and property. Fire …
POSTED JULY 16, 2026 5:00 AM |
PG&E Says Power Shutoffs Required in California on Wildfire Risk
PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in …
POSTED JULY 15, 2026 7:21 PM |
Drought Pits Farms Against Towns and Industry in Scramble for Water in West
In Arizona, dead fish lie in the dry bed of a reservoir. To the north, a small Utah town could run out of water in months. And in Colorado, a rancher has sold a fifth of her herd as stock …
POSTED JULY 15, 2026 2:15 PM |
Crash of Helicopter Fighting Colorado Wildfire Leaves Pilot Dead
A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot’s body was recovered by divers. The Gunnison County Sheriff’s …
POSTED JULY 15, 2026 2:02 PM |
Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls
Waking up in a Waymo comes as a shock. Ditto Kasendar remembers soft music drifting from the robotaxi’s speakers as he rode home late at night from a friend’s birthday party last year. The next moment, Los Angeles firefighters were …
POSTED JULY 14, 2026 3:59 PM |
RockRose Risk Launches Mitigation-First Insurance Model for California Homeowners
RockRose Risk launched a “human-in-the-loop” assessments product to provide the algorithms need to price risk accurately in California. RockRose Risk, an insurance brokerage that offers property owners discounts for wildfire mitigation, launched its homeowners insurance product in California, which follows …
POSTED JULY 14, 2026 1:01 PM |
People Moves: Baldwin Group Hires Pierce as Regional President for IAS
The Baldwin Group announced the appointment of Phil Pierce as west regional president for its Insurance Advisory Solutions (IAS) segment. This appointment further underscores the firm’s sustained growth as well as the evolving scale of its IAS business. In this …
POSTED JULY 14, 2026 7:00 AM |
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