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News Archives - Insurance Journal
US Declares Power Emergency in Southeast as Heat Strains Grids
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …
POSTED JUNE 12, 2026 2:09 PM |
Solar Power Hits New Milestones in the US
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …
POSTED JUNE 12, 2026 2:02 PM |
Florida Property Tax Cut Could Strain Local Credit, S&P Says
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …
POSTED JUNE 12, 2026 1:58 PM |
Two California Insurance Commissioner Candidates Are Left, And Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
POSTED JUNE 12, 2026 1:48 PM |
People Moves: PIA New Jersey Elects New Leadership
PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …
POSTED JUNE 12, 2026 1:42 PM |
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal
The administrator of a bankruptcy plan for the genetics-testing company once known as 23andMe agreed to dole out a total of $46.75 million to victims in a deal to end litigation stemming from a 2023 data breach. According to records …
POSTED JUNE 12, 2026 1:37 PM |
Climate Change Making Coastal Floods More Likely, Study Finds
Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …
POSTED JUNE 12, 2026 1:12 PM |
Virginia Says Airbnb Lacks Insurance License to Offer Its Host Damage Protection Plan
Regulators at the Virginia Bureau of Insurance are raising issues with Airbnb over its Host Damage Protection (HDP) program, maintaining that it is an insurance product and Airbnb is offering it without being properly licensed. The State Corporations Commission has …
POSTED JUNE 12, 2026 1:05 PM |
People Moves: Willis Re Taps Ogilvie and Dart From Carpenter for Key Roles in London, Bermuda; Aon Promotes Dando as Chief Broking Officer for Global Broking Center
This edition of International People Moves details appointments at brokers Willis Re and Aon. A summary of these new hires follows here. Willis Re Taps Ogilvie and Dart From Guy Carpenter for Key Roles in London, Bermuda Willis Re, the …
POSTED JUNE 12, 2026 10:49 AM |
Novo Nordisk Flags Patient Data Breach From Some Clinical Trials in Cyberattack
Novo Nordisk said on Thursday it has identified a security incident in which certain information, including patient data from some clinical trials, was copied externally without authorization from its internal IT systems. The company, maker of the blockbuster weight-loss drug …
POSTED JUNE 12, 2026 10:00 AM |
West News Archives - Insurance Journal
Two California Insurance Commissioner Candidates Are Left, And Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
POSTED JUNE 12, 2026 1:48 PM |
California Company Paying $3.3M to Resolve False Claims Allegations
California medical providers and their medical director have agreed to pay $3.3 million to settle allegations they submitted claims to healthcare programs and commercial insurers for services that weren’t provided or supervised. San Francisco-based Circle Medical Care of California, Circle …
POSTED JUNE 12, 2026 5:00 AM |
Man Sentenced Over False FEMA Claims for Lahaina, California Wildfires
A Hawaii man was sentenced for filing claims with the Federal Emergency Management Agency seeking disaster relief related to the Lahaina and Pacific Palisades wildfires. Daylyn Harris, 35, of Honolulu, was sentenced to 24 months in prison, followed by five …
POSTED JUNE 12, 2026 5:00 AM |
xAI Accused of Illegally Firing California Engineer Who Raised Safety Concerns
A former engineer at Elon Musk’s xAI in California who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to …
POSTED JUNE 11, 2026 5:00 AM |
Report: Rising CT Claims Driving Shifts in Comp Costs and Patterns in California
Cumulative trauma claims have risen sharply in recent years and they are driving changes in claim characteristics, costs and claim outcomes, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California’s Emerging Patterns of Cumulative Trauma Claims report …
POSTED JUNE 11, 2026 5:00 AM |
Man Accused of $37 Billion LA Fire Is Innocent, His Lawyer Says
Jonathan Rinderknecht has been wrongly accused of starting the most destructive wildfire in Los Angeles history, his lawyer told a jury. Rinderknecht was watching New Year’s Eve fireworks on a hillside in the Pacific Palisades and called 911 just after …
POSTED JUNE 11, 2026 5:00 AM |
Trial Begins for Man Accused of Sparking Deadly Palisades Fire
A federal arson trial began this week for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race. Jonathan Rinderknecht, 29, appeared in court …
POSTED JUNE 10, 2026 5:00 AM |
Inszone Acquires Professional Insurance Strategies in Arizona
Inszone Insurance Services acquired Professional Insurance Strategies LLC in Arizona. Founded in 2006 by Gary Hanson, Professional Insurance Strategies was built to serve complex, niche industries. The firm specializes in the construction and public transportation sectors. Sacramento, California-based Inszone is …
POSTED JUNE 10, 2026 5:00 AM |
PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger
Pacific Gas and Electric Co. may cut power in parts of eight counties in California this week due to risks that its equipment could cause wildfires. The utility on Monday warned that some parts of Colusa, Glenn, Lake, Napa, Sonoma, …
POSTED JUNE 09, 2026 2:03 PM |
Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business
Alliant Insurance Services launched a new line of business to address what the firm sees as a growing convergence of retirement consulting and wealth management. Retirement & Wealth at Alliant is designed to link institutional retirement plan relationships with individual …
POSTED JUNE 09, 2026 5:00 AM |
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