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News Archives - Insurance Journal
Markets/Coverages: CFC Begins Affirmative AI for Intellectual Property; CRC Specialty Launches Insurisk Cyber
CFC announced the launch of affirmative AI coverage within its intellectual property policy. AI is transforming how businesses create, develop and commercialize intellectual property. However, the legal framework governing the relationship between AI and IP remains fragmented and continues to …
POSTED SEPTEMBER 24, 2026 7:02 AM |
People Moves: Huntington T. Block Appoints Schaffer Senior VP of Fine Art; Zern to Oversee Howden US Health and Benefits
Huntington T. Block Appoints Schaffer as Senior VP of Fine Art Insurance Huntington T. Block Insurance Agency Inc., the oldest and largest insurance broker dedicated to fine art and musical instrument insurance in the U.S. and a subsidiary of Aon …
POSTED SEPTEMBER 24, 2026 6:00 AM |
Ex-Google Safety Chief Warns AI Could Harm Children More Than Social Media
The founder of the trust and safety team at Alphabet’s Google this week called for a slowdown in AI development, warning that the tech industry was repeating the same mistakes from the social media era, potentially causing even greater harm …
POSTED SEPTEMBER 24, 2026 5:22 AM |
Independent Agencies Total About 37,000 in 2026, a Decrease from 2024
The number of independent insurance agencies fell slightly from 39,000 in 2024 to 37,000 in 2026. Good news is that most independent agencies reported profitability across both personal and commercial lines, with significantly fewer agencies reporting revenue decreases compared to …
POSTED SEPTEMBER 24, 2026 5:15 AM |
Florida’s Commercial Clearinghouse Plan Hits a Snag, With OIR and Board Concerns
The push for a clearinghouse for Citizens Property Insurance commercial policies appears to have hit a snag with little time to spare before a January deadline mandated by Florida statute. “I looked at the numbers and the numbers make no …
POSTED SEPTEMBER 24, 2026 5:02 AM |
People Moves: Alliant Insurance Services Adds Esarey to Los Angeles Employee Benefits Team
Barrett Esarey joined Alliant Insurance Services as vice president within its employee benefits group. Based in Los Angeles, California, Esarey serves a national client base, helping employers develop strategic benefits programs that address evolving workforce needs and support long-term business …
POSTED SEPTEMBER 24, 2026 5:00 AM |
Corgi Insurance in California Expands Trucking Program to Cover Tow Trucks
San Francisco-based Corgi Insurance is expanding its trucking insurance program to include towing and tow-truck businesses. Tow trucks spend much of their time on the road, but their core exposure comes from transporting, handling and storing other people’s vehicles. Corgi’s …
POSTED SEPTEMBER 24, 2026 5:00 AM |
FBI Investigating Hackers’ Claims of Stealing Employee Data
The Federal Bureau of Investigation is probing hackers’ claims that they broke into the bureau’s systems and stole thousands of current and former employees’ data, the bureau said in a statement Sept. 23. A group known as ShinyHunters claimed responsibility …
POSTED SEPTEMBER 23, 2026 5:40 PM |
Florida Farm Manager the Latest to Plead Guilty in Crop Insurance Fraud Probe
A southwest Florida farm manager could soon face years in prison and more than $3 million in restitution after he pleaded guilty to crop insurance fraud at one of Florida’s highest-profile farm operations. Mark Frisbie, 60, of Punta Gorda, pleaded …
POSTED SEPTEMBER 23, 2026 4:42 PM |
Markets/Coverages: Munich Re Specialty Launches in Italy’s Primary Specialty Market
Munich Re Specialty announced it will offer commercial solutions in the Italian primary specialty insurance market, with its Italian headquarters in Milan. Munich Re Specialty intends to provide solutions to a range of clients from small-to-medium-sized enterprises, mid-market and upper …
POSTED SEPTEMBER 23, 2026 4:32 PM |
West News Archives - Insurance Journal
People Moves: Alliant Insurance Services Adds Esarey to Los Angeles Employee Benefits Team
Barrett Esarey joined Alliant Insurance Services as vice president within its employee benefits group. Based in Los Angeles, California, Esarey serves a national client base, helping employers develop strategic benefits programs that address evolving workforce needs and support long-term business …
POSTED SEPTEMBER 24, 2026 5:00 AM |
Corgi Insurance in California Expands Trucking Program to Cover Tow Trucks
San Francisco-based Corgi Insurance is expanding its trucking insurance program to include towing and tow-truck businesses. Tow trucks spend much of their time on the road, but their core exposure comes from transporting, handling and storing other people’s vehicles. Corgi’s …
POSTED SEPTEMBER 24, 2026 5:00 AM |
Hurricane to Threaten Hawaii With Flooding Over Weekend
Hawaii will be threatened by yet another hurricane over the weekend, after a tropical depression reformed to the south of the island chain. The depression, with winds of 35 miles (56 kilometers) per hour, is expected to strengthen into a …
POSTED SEPTEMBER 23, 2026 1:36 PM |
4.9% Workers’ Comp Rate Increase Proposed in Washington
The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers pay for workers’ compensation insurance in 2027. The proposed increase would raise the cost of coverage by an average …
POSTED SEPTEMBER 23, 2026 5:00 AM |
Southern California Edison Chief Warns Wildfire Impasse Risks Higher Customer Bills
Southern California Edison customers face hundreds of millions of dollars in additional costs if the utility’s credit rating is downgraded to junk after California failed to pass wildfire legislation, according to the head of the utility’s parent company. Among the …
POSTED SEPTEMBER 23, 2026 5:00 AM |
Firefighting Helicopter Crash Near Yosemite Killed Both Pilots
Two helicopter pilots were killed when their aircraft crashed Sunday afternoon while conducting water drops on a wildfire at Yosemite National Park, officials say. The pilots were the only people on board and were employed by the contract aircraft company …
POSTED SEPTEMBER 23, 2026 5:00 AM |
AI Insurer MGT Expands Its Small Commercial Coverage to California
MGT, a company that calls itself an “AI-native neo-insurer,” is expanding to California to offer small business coverage. The company says its underwriting model allows it to evaluate risk at a fraction of the traditional cost while giving it a …
POSTED SEPTEMBER 22, 2026 1:15 PM |
California Clears Sales of Higher-Ethanol Fuel to Lower Gasoline Costs
California Gov. Gavin Newsom signed legislation allowing the immediate sale of a higher-ethanol fuel blend in the state, as it seeks to rein in skyrocketing costs at the pump in the country’s largest auto market. The signing of Senate Bill …
POSTED SEPTEMBER 22, 2026 5:00 AM |
Tesla Faces Major Trial in California for Alleged Bias Against Black Workers
A California agency’s lawsuit accusing Tesla of allowing rampant race discrimination at its flagship assembly plant is set to go to trial on Monday, one of a series of similar lawsuits being faced by the electric vehicle maker. Lawyers for …
POSTED SEPTEMBER 21, 2026 1:48 PM |
Screwworm Reappears in New Mexico Ahead of Port Reopening
The New World screwworm resurfaced in New Mexico just as a major gateway for Mexican cattle imports is poised to open in the state. The parasite, which infests the wounds of livestock, was confirmed Thursday in a horse in New …
POSTED SEPTEMBER 21, 2026 5:00 AM |
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