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News Archives - Insurance Journal
Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Oahu, potentially bringing nearly three feet of rain and damaging winds to parts of the state Sunday after narrowly missing landfall. The …
POSTED AUGUST 18, 2026 7:00 AM |
Paramount Seeks $1.9 Billion Bond From States in Merger Lawsuit
Paramount Skydance Corp. requested a $1.88 billion bond from the 12 states that have filed an antitrust lawsuit over the media giant’s pending merger with Warner Bros. Discovery Inc. The company said Monday that federal law requires plaintiffs to “post …
POSTED AUGUST 18, 2026 5:17 AM |
Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes?
As traumatic injuries and deaths surge among children involved in crashes on e-bikes and other electrified vehicles, one California prosecutor is cracking down by pursuing criminal charges against some of the young riders’ parents. It is just one way officials …
POSTED AUGUST 18, 2026 5:15 AM |
‘Horrific’ Conditions Grip UK Hospitals Unprepared for Heat
“Horrific, horrendous, unbearable, unsafe.” That’s how medical professionals describe the impact of this year’s heat waves on Britain’s healthcare system, in response to a survey by the Doctors’ Association UK. In hospitals built for a cooler climate, staff are now …
POSTED AUGUST 18, 2026 5:10 AM |
France Pledges €100 Million in Wildfire Aid for Homes and Firms
France is mobilizing more than €100 million ($116 million) in aid to rebuild homes and issue tax relief to businesses devastated by this summer’s wildfires. The government has allocated €12 million for the Gironde and Landes departments in the southwest, …
POSTED AUGUST 18, 2026 5:05 AM |
10 New Firms Join Insurance Journal’s Top 100 Independent Agencies
This year marks the 22nd annual publication of Insurance Journal’s Top 100 Independent Agencies special report. Many of the firms in the Top 100 saw notable increases in total property/casualty revenue year-over-year, but the total P/C revenue combined of all …
POSTED AUGUST 18, 2026 5:04 AM |
Europe’s Heatwaves Expose Insurance Gap as Business Losses Mount
For more than a century, cafes in the Italian city of Padua have welcomed customers for an early evening drink, or aperitivo, encouraging them to sit outside and socialize before dinner. As Europe bakes under its fifth heatwave of the …
POSTED AUGUST 18, 2026 5:03 AM |
Medical Firm to Build $600M Pharmaceutical Manufacturing Site in North Carolina
Medical equipment maker Steris said it will invest $600 million to build a manufacturing and distribution hub in North Carolina for chemicals used by healthcare and pharmaceutical customers. The company plans to move its existing chemicals operations from St. Louis, …
POSTED AUGUST 18, 2026 5:01 AM |
Davis & Towle Acquires New Hampshire’s Allied Insurance Agency
New Hampshire-based Davis & Towle Insurance Group reported its recent acquisition of Allied Insurance Agency in Bow, New Hampshire and the merger of Allied with Davis & Towle. As a result of the merger, the Allied Insurance will assume the …
POSTED AUGUST 18, 2026 5:00 AM |
Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire
Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities. FortressFire will operate as an independent, wholly owned division of Johnston, Rhode Island-based FM and will continue its work to …
POSTED AUGUST 18, 2026 5:00 AM |
West News Archives - Insurance Journal
Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Oahu, potentially bringing nearly three feet of rain and damaging winds to parts of the state Sunday after narrowly missing landfall. The …
POSTED AUGUST 18, 2026 7:00 AM |
Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire
Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities. FortressFire will operate as an independent, wholly owned division of Johnston, Rhode Island-based FM and will continue its work to …
POSTED AUGUST 18, 2026 5:00 AM |
AI-Powered Distribution Platform Launched by bolt in California
Insurtech bolt launched an AI-powered insurance distribution platform the company says enables access across all lines for distribution partners. Connected Distribution is a new operating model that combines customer data, workflows and integrated market access into a single AI-powered connected …
POSTED AUGUST 17, 2026 5:00 AM |
AM Best Upgrades Ratings of California Casualty Group Members
AM Best upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bb+” (Fair) of The California Casualty Indemnity Exchange in Palo Alto, California. The upgrade includes its wholly …
POSTED AUGUST 17, 2026 5:00 AM |
Hawaii Faces Rare Hurricane Strike as Storms Batter Indiana
Hawaii is in line for a rare hurricane strike as Tropical Storm Lala grazes the Big Island, while severe storms threaten more flooding and outages across Indiana. Tropical Storm Lala may grow into a hurricane as it grazes the Big …
POSTED AUGUST 14, 2026 3:08 PM |
People Moves: IMA Appoints Schwartz New Leader for Washington Market
IMA Financial Group Inc. named Karen Schwartz as Washington market president. She leads IMA’s Washington market strategy, focusing on strengthening collaboration across business lines, partnering with property/casualty and employee benefits teams and producers. Schwartz has nearly 15 years of insurance …
POSTED AUGUST 14, 2026 5:00 AM |
California Advances Bill to Expand Antitrust Enforcement Law
A major expansion of California’s antitrust laws advanced in the state legislature Thursday despite opposition from business leaders and some government officials. The state Senate Appropriations Committee moved the bill, AB 1776, to the full chamber, where it must pass …
POSTED AUGUST 14, 2026 5:00 AM |
Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …
POSTED AUGUST 13, 2026 1:25 PM |
Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
POSTED AUGUST 13, 2026 5:00 AM |
Inszone Insurance Acquires Two Fong’s in California
Inszone Insurance Services acquired Two Fong’s Inc in California. Founded in 1982 and acquired by its current leadership, Al and Pete Fong, in 2000, Two Fong’s has maintained a presence across the Bay Area, specializing in commercial property and lessor’s …
POSTED AUGUST 12, 2026 5:00 AM |
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