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News Archives - Insurance Journal
Google Rivals Line Up Seeking Damages After Record $1 Billion EU Fine
A decades-long crackdown on Google’s business practices in Europe is entering a costly new phase, as the loss of the first case brought against it under new EU legislation opens the door to a wave of private lawsuits demanding up …
POSTED JULY 28, 2026 11:22 AM |
Tankers Divert to Egypt as Houthi Threat Upends Red Sea Trade
Empty supertankers are heading to Egypt’s Mediterranean port of Sidi Kerir to collect Saudi crude as observable traffic at the kingdom’s key Red Sea export hub dwindles following threats from Houthi militants. At least eight very large crude carriers are …
POSTED JULY 28, 2026 10:25 AM |
Zurich CEO Says Staff Let Go as Regulator Finma Imposes Partial Sales Ban
Zurich Insurance Group AG let go of more than 12 employees amid enforcement proceedings by the Swiss regulator Finma, Chief Executive Officer Mario Greco said. The regulator also imposed a sales ban on some policies in Zurich’s corporate life and …
POSTED JULY 28, 2026 10:00 AM |
AI Finding Twice as Many Cyber Flaws in 2026 as It Did in 2025
The number of software security flaws discovered in popular technology products in 2026 is on pace to roughly double the tally of vulnerabilities that surfaced in 2025, an explosion driven by increasingly capable artificial intelligence systems. The US National Vulnerabilities …
POSTED JULY 28, 2026 5:22 AM |
EPA Says Power for Data Centers Can Sidestep Pollution Laws
Power sources providing electricity only to data centers and not the public grid may not be subject to federal pollution laws, the U.S. Environmental Protection Agency said July 27. The EPA said if the power plants are not supplying electricity …
POSTED JULY 28, 2026 5:17 AM |
NHTSA Rejects Petition Seeking Tesla Door-Release Defect Probe
The U.S. National Highway Traffic Safety Administration has denied a petition seeking a defect investigation into the emergency mechanical door release on about 180,000 Tesla Model 3 vehicles. NHTSA said the petition did not present evidence of a likely safety-related …
POSTED JULY 28, 2026 5:07 AM |
Rapidly Expanding Howden Says Miami Office to be its Americas Headquarters
Howden, the international brokerage that made a much-talked-about entrance into Florida last year with the alleged poaching of more than 200 Brown & Brown employees, now plans to make the state its headquarters for the Western Hemisphere. “Miami is one …
POSTED JULY 28, 2026 5:01 AM |
Johnson & Johnson Announces $5.5 Billion Settlement of Talc Lawsuits
Johnson & Johnson said on July 27 it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer, in a landmark deal that could end a …
POSTED JULY 28, 2026 5:00 AM |
NYC Halts Construction at 222 Broadway Office-to-Residence Tower
New York City’s Department of Buildings issued a stop-work order at a Manhattan office tower that’s being converted into apartments weeks after authorities evacuated one of the largest residential conversions due to structural concerns. Officials visited 222 Broadway as part …
POSTED JULY 28, 2026 5:00 AM |
Police Detained 15-Year-Old After Deadly Shooting in Seattle
Seattle Mayor Katie Wilson said police detained a 15-year-old suspect after a Sunday shooting in which three people were killed and others were wounded. At least two people exchanged gunfire at the event, Wilson said in a news conference Monday …
POSTED JULY 28, 2026 5:00 AM |
West News Archives - Insurance Journal
Police Detained 15-Year-Old After Deadly Shooting in Seattle
Seattle Mayor Katie Wilson said police detained a 15-year-old suspect after a Sunday shooting in which three people were killed and others were wounded. At least two people exchanged gunfire at the event, Wilson said in a news conference Monday …
POSTED JULY 28, 2026 5:00 AM |
A Third of Americans Swelter as Summer Heat Tests Power Grid
More than a third of Americans are facing a scorching heat that threatens to topple temperature records and stress power grids as homeowners and businesses crank up air conditioners to seek relief. More than 134 million people are under some …
POSTED JULY 27, 2026 3:55 PM |
Why Wildfires Pose Multiple Threats to US West Power Sector: Maguire
For years, wildfire season was largely viewed as a threat to homes, forests and utility infrastructure in the American West. But as smoke from fires blankets large swaths of the country, it is becoming something else too: a power-sector challenge. …
POSTED JULY 27, 2026 5:00 AM |
People Moves: Lara Appoints California Statewide Advisory Board Members
California Insurance Commissioner Ricardo Lara made several appointments and reappointments to the California Department of Insurance’s statewide governing boards. These include naming newly appointed members Andrea Hecht and Jim Taylor to the California Insurance Guarantee Association (CIGA) Board of Governors …
POSTED JULY 27, 2026 5:00 AM |
WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose
California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …
POSTED JULY 24, 2026 5:00 AM |
PG&E’s Data Center Pipeline Surges in Second Quarter
PG&E Corp. reported a 7.6-gigawatt increase in its data center pipeline during the second quarter as the artificial intelligence build-out gains momentum. The California utility’s pipeline of proposed data center projects totaled 12.7 gigawatts at the end of June, up …
POSTED JULY 24, 2026 5:00 AM |
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 |
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