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News Archives - Insurance Journal
California Adds Voluntary Review Before Insurers File Rate Applications Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on …
POSTED OCTOBER 19, 2026 6:30 PM |
Industry Panel Highlights Challenges in Selling Cyber Insurance to SMEs Small- and mid-sized businesses hear and read the same news everyone else does. Awareness of cyber risk isn’t the problem. But after years of insurers market trying to crack this nut, these businesses aren’t buying the right coverage. The disconnect …
POSTED OCTOBER 19, 2026 4:22 PM |
A Repair Estimate Is Not Necessarily a Notice of Bad Faith in Louisiana A Louisiana property insurer receives a contractor’s estimate for far more than it paid after a hurricane. Sixty days pass. The insured files suit and seeks bad faith penalties. Did the estimate start the cure period under Louisiana’s Act 3? …
POSTED OCTOBER 19, 2026 4:03 PM |
BNSF Railway Sued for Firing Employee Because of Their Disability BNSF Railway Company violated federal law when it fired an employee because of his disability after he requested a reasonable accommodation, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the lawsuit, the employee, who has …
POSTED OCTOBER 19, 2026 3:49 PM |
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes The Villages, a 57,000-acre Florida retirement community, is looking to issue almost $180 million in high-yield debt to finance more homes. Built for residents at least 55 years old, the Villages has about 170,000 people, making it the largest community …
POSTED OCTOBER 19, 2026 3:38 PM |
Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana American Electric Power Co. is working with Amazon.com Inc. to evaluate plans for a 960-megawatt nuclear plant in Indiana using a new reactor design, a project that would rely on unproven technology while potentially advancing efforts to promote next-generation fission. …
POSTED OCTOBER 19, 2026 3:36 PM |
Service Member Dies After Rappelling Fall at College Football Game A military service member has died after he fell hard as he rappelled from the ceiling to midfield before a University of Texas at San Antonio football game where the military was honored. Nellis Air Force Base Public Affairs said …
POSTED OCTOBER 19, 2026 3:34 PM |
Fisherman Killed by 12-Foot Alligator at Central Florida Lake A 71-year-old man fishing on the shore of a Florida lake was killed Friday by a nearly 12-foot alligator, the second fatal attack reported this year. Steven Hamilton of Winter Garden was standing on the shore of Lake Apopka at …
POSTED OCTOBER 19, 2026 3:24 PM |
Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he joined DFO Management, the family office of billionaire Dell Technologies founder Michael Dell. …
POSTED OCTOBER 19, 2026 2:42 PM |
‘Weather Whiplash’ Bringing Back Rain and Snow to California A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
POSTED OCTOBER 19, 2026 2:36 PM |
West News Archives - Insurance Journal
California Adds Voluntary Review Before Insurers File Rate Applications Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on …
POSTED OCTOBER 19, 2026 6:30 PM |
‘Weather Whiplash’ Bringing Back Rain and Snow to California A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
POSTED OCTOBER 19, 2026 2:36 PM |
California Hybrid Market Share Hits Record as EV Registrations Decline Hybrid vehicles accounted for a record 22.8% of new vehicle registrations in California through the first nine months of the year, a new report shows. However, the Q3 2026 California Auto Outlook, published by Auto Outlook Inc. for the California …
POSTED OCTOBER 19, 2026 5:00 AM |
Compass Files Suit Over California Home Listing Service Rules Compass Inc., the top U.S. broker for residential properties, sued California’s largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale. The federal court suit filed Friday …
POSTED OCTOBER 19, 2026 5:00 AM |
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …
POSTED OCTOBER 16, 2026 3:36 PM |
Lemonade Launches Renters Insurance in Hawaii Lemonade is offering renters insurance in Hawaii. The company’s renters policies are available through its app, where customers can get quotes, purchase and update policies and file claims. Lemonade said about 40% of renters claims are handled instantly. The company …
POSTED OCTOBER 16, 2026 5:00 AM |
California Fire Danger Has Utilities Set for Broad Shutoffs More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With drying winds forecast to blow through much of the state through …
POSTED OCTOBER 15, 2026 5:00 AM |
SageSure One Expanding California Homeowners Coverage SageSure One is expanding its California homeowners insurance offerings. The new product, from Olympus Insurance Co., provides up to $20 million in total insurable value. The non-admitted HO5 homeowners product is designed for higher-value California homes, with coverage beginning at …
POSTED OCTOBER 15, 2026 5:00 AM |
Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability A new report looks into how to put more resources into prevention before a wildfire strikes, maintain resilience and direct new investment where it can deliver the greatest value using Napa, California as a case study. The Napa County wildfire …
POSTED OCTOBER 14, 2026 5:00 AM |
Edison Drops on Willful Misconduct Allegations in Eaton Fire Case Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse …
POSTED OCTOBER 13, 2026 7:11 PM |
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