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News Archives - Insurance Journal
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants
New York City’s Rent Guidelines Board voted to freeze rents for roughly one million stabilized apartments, handing Mayor Zohran Mamdani a major political victory and delivering on a central promise that launched him to City Hall. The board voted 7-1 …
POSTED JUNE 26, 2026 11:38 AM |
Fire Extinguished at Monroe Energy’s Jet Fuel Refinery in Pennsylvania
A fire was extinguished in a process unit pump room at Monroe Energy’s 190,000-barrel-per-day refinery in Trainer, Pennsylvania, on Thursday, the company said in a statement. The exact cause of the fire is unclear at this time, the company said, …
POSTED JUNE 26, 2026 11:00 AM |
People Moves: Berkley Promotes Enright as President of Berkley Specialty London, Succeeding Hastings; Ariel Re Promotes Shreeve as Chief Commercial Officer
This edition of International People Moves details appointments at W.R. Berkley Corp.’s Berkley Specialty London and Ariel Re. A summary of these new hires follows here. Berkley Promotes Enright as President of Berkley Specialty London, Succeeding Hastings W. R. Berkley …
POSTED JUNE 26, 2026 9:47 AM |
China’s 360 Says it Has Developed Tools to Match Anthropic’s Mythos
Chinese cybersecurity firm 360 Security Technology has developed what it calls a domestic answer to Anthropic’s Mythos, it said on Wednesday, casting the U.S. model as a strategic cyber capability that China could not afford to lack. Mythos, previewed in …
POSTED JUNE 26, 2026 8:56 AM |
Traffic Flows Through Hormuz Despite Shock Container Ship Attack
An attack on a container vessel sailing through the Strait of Hormuz has prompted some shipowners to review exit plans, but traffic continued to flow in both directions through the vital thoroughfare on Friday. Two fully laden tankers are heading …
POSTED JUNE 26, 2026 8:33 AM |
NHTSA Proposes to Drop Brake Pedal Requirements for Self-Driving Vehicles
The National Highway Traffic Safety Administration proposed on June 25 to end a government requirement for manual brake pedals in self-driving vehicles, a move that would make it easier to deploy such vehicles on U.S. roads. The proposal would not …
POSTED JUNE 26, 2026 5:13 AM |
France Seizes ‘Shadow Fleet’ Tanker, Stepping Up Pressure on Russia
France’s navy seized another tanker it said was linked to Russia’s “shadow fleet” on Thursday, underscoring the escalation this year in European efforts to enforce sanctions and squeeze one of Moscow’s main revenue streams. Nine suspected shadow fleet tankers, vessels …
POSTED JUNE 26, 2026 5:10 AM |
TotalEnergies Must Address Climate Risks Linked to its Products, French Court Rules
French oil major TotalEnergies must disclose the climate risks linked to emissions from its oil and gas products and set out plans to mitigate them, a Paris court ruled on Thursday. The ruling is a partial victory for climate change …
POSTED JUNE 26, 2026 5:05 AM |
Chemical Maker Chemours to Pay $450M to Settle ‘Forever Chemicals’ Case
The Trump administration on Wednesday reached a multi-state settlement with chemical giant Chemours Co. over years-long, illegal discharges of synthetic “forever chemicals” used to make products resistant to water, grease and stains. The settlement is the first by the federal …
POSTED JUNE 26, 2026 5:05 AM |
Higginbotham Tests the Carolina Waters With Turbeville Acquisition
Higginbotham, now ranked as the 16th-largest independent brokerage chain, has expanded into South Carolina with the acquisition of the well-known Turbeville Insurance Agency. Turbeville, founded in 1991 by William L. “Bill” Turbeville Jr., has 60 employees, with offices in Columbia, …
POSTED JUNE 26, 2026 5:02 AM |
West News Archives - Insurance Journal
Orion180 Launches FLEX Home Insurance in Colorado
Orion180 Insurance has launched its FLEX homeowners insurance coverage in Colorado. FLEX Home Insurance is designed to give homeowners greater control over how they protect their property, allowing them to tailor coverage to fit their individual risk tolerance and budget. …
POSTED JUNE 26, 2026 5:00 AM |
Indictments Delivered for Auto Theft Ring Targeting Colorado Airports
A Colorado grand jury indicted 11 defendants for taking part in an auto theft ring that reportedly targeted vehicles parked at municipal airports. Colorado Attorney General Phil Weiser and Denver District Attorney John Walsh announced the indictments this week on …
POSTED JUNE 26, 2026 5:00 AM |
Week-Long LA Warehouse Fire That Impacted Air Quality and Businesses Knocked Down
A fire near downtown Los Angeles that has affected the health of nearby residents and caused businesses economic harm for more than a week was knocked down Wednesday night, fire officials said. A fire at a 491,000-square-foot cold storage warehouse …
POSTED JUNE 25, 2026 1:49 PM |
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
POSTED JUNE 25, 2026 5:00 AM |
Digital Insurer Honeycomb Insurance Expands into Nevada
Digital insurer Honeycomb Insurance is expanding into Nevada roughly one month after receiving a $40 million funding round. The company’s recent launches include operations in Kansas and Missouri. Honeycomb’s digital platform is designed to enable agents to quote and bind …
POSTED JUNE 25, 2026 5:00 AM |
Smoke From LA Warehouse Fire Affecting Residents, Businesses
Smoke continues to billow from a fire at a massive warehouse in Los Angeles, drawing complaints about air quality from residents and interrupting nearby businesses. A fire at a 491,000-square-foot cold storage warehouse located near homes in Boyle Heights continues …
POSTED JUNE 24, 2026 1:53 PM |
FEMA Frees $15.4M for Flood, Earthquake and Wildfire Projects in California
The Federal Emergency Management Agency released federal funding for hazard mitigation projects in California to address flood, earthquake and wildfire risks. Congress authorized the projects through the Fiscal Year 2026 Homeland Security and Further Additional Continuing Appropriations Act. Funding was …
POSTED JUNE 24, 2026 5:00 AM |
Former Idaho Insurance Agent Pleads Guilty to Backdating Policy
A former Idaho insurance agent pled guilty to insurance fraud for backdating a policy. Stetzen Bailey, of Heyburn, a former Farm Bureau Insurance agent, pled guilty to one felony count of insurance fraud. An investigation by the Idaho Department of …
POSTED JUNE 24, 2026 5:00 AM |
UPS Mechanic in California Pleads Guilty to Workers’ Comp Fraud
A former UPS mechanic plead guilty to workers’ compensation fraud following video evidence showing he was never injured in a reported incident. Derrick Hodge pled to felony insurance fraud and was sentenced to 90 days in jail, two years of …
POSTED JUNE 24, 2026 5:00 AM |
LA Warehouse Fire That Prompted Shelter-in-Place Orders Still Burning
Seven days into a fire at a large frozen-food storage facility near downtown Los Angeles, firefighters began moving parts of the exterior walls to try to gain access but they have yet to enter the building, officials said. Firefighters continue …
POSTED JUNE 23, 2026 1:49 PM |
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