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News Archives - Insurance Journal
2 Young People Arrested in Alleged Plot to Attack Texas Synagogue
Two young people have been arrested in an alleged plot to attack a Texas synagogue that involved driving through the congregation to “kill as many Jews as possible,” according to authorities and court documents. The arrests come a month after …
POSTED APRIL 30, 2026 4:43 PM |
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires
This edition of International People Moves details appointments at Apollo and The Fidelis Partnership. Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie Apollo, the London-based subsidiary of Skyward Group, announced the launch of an international casualty reinsurance …
POSTED APRIL 30, 2026 4:31 PM |
Steel Company Faces $12M Settlement Over Contamination at Ohio Site
The Department of Justice announced a proposed settlement with Cleveland-Cliffs Steel Corporation (Cliffs) requiring it to address releases of hazardous waste at its Middletown Works facility. Under the proposed consent decree, Cliffs will perform long-term corrective measures to comply with …
POSTED APRIL 30, 2026 4:30 PM |
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais
Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to …
POSTED APRIL 30, 2026 3:51 PM |
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4 million, of …
POSTED APRIL 30, 2026 3:35 PM |
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway. Two …
POSTED APRIL 30, 2026 3:20 PM |
People Moves: Friedson Joins Alliant’s Mid-Atlantic Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, added Matthew Friedson to its employee benefits group as first vice president. Based in Bethesda, Maryland, he will work with clients throughout the Northeast to tailor executive benefits and financial strategies for their …
POSTED APRIL 30, 2026 3:18 PM |
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledges that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …
POSTED APRIL 30, 2026 2:29 PM |
Texas Seeks to Ban In-Home Ketamine
The Texas Medical Board is proposing tighter regulations around ketamine, a popular fast-acting sedative used to treat mental illness, including more physician oversight during administration of the drug and banning in-home use of it. The revised rules are expected to …
POSTED APRIL 30, 2026 2:08 PM |
Rain Helped, But Georgia Officials Warn That Wildfires Still a Threat
Officials battling two large wildfires that have destroyed dozens of homes in southern Georgia warned Tuesday that firefighters are bracing for a prolonged battle even after weekend rains gave a big boost to containment efforts. “A little bit of rain …
POSTED APRIL 30, 2026 2:04 PM |
West News Archives - Insurance Journal
California Gasoline Price Surges Above $6 as Iran War Fans Gains
Gasoline in California has topped $6 a gallon as the global energy crunch from the Iran war reverberates. The average statewide price for regular gasoline rose to $6.01, according to data from the American Automobile Association. That’s the highest since …
POSTED APRIL 30, 2026 1:32 PM |
Billionaire Tax Proposal in California on Track to Qualify for Ballot, Say Backers
A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said. The proposal, backed by the Service Employees International Union Healthcare Workers West, would …
POSTED APRIL 30, 2026 5:00 AM |
People Moves: The Doctors Company Makes Key Medical Professional Liability Leadership Appointments
The Doctors Company made several leadership appointments to add its medical professional liability operations. Todd Zeiter has been promoted to chief underwriting officer. He has amassed an underwriting and reinsurance background and nearly three decades at The Doctors Company. He …
POSTED APRIL 30, 2026 5:00 AM |
California Adopts Rules Allowing Testing And Deployment of Heavy-Duty AVs
The California Department of Motor Vehicles on Tuesday adopted new regulations for autonomous vehicles, allowing manufacturers to test and deploy heavy-duty driverless vehicle technology on the state’s roads. Related: Tesla Avoids California Sales Halt Over Autopilot Marketing The new regulations …
POSTED APRIL 29, 2026 1:40 PM |
People Moves: XPT Specialty Salt Lake City Makes Two Senior Hires
XPT Specialty hired Travis Hirschi as a producer and branch manager and Kristin Miller as an underwriter in its Salt Lake City, Utah, office. Hirschi and Miller will work with retail agents to support hard-to-place and non-standard commercial risks across …
POSTED APRIL 29, 2026 5:00 AM |
California Jet Fuel Woes Deepen as Asia Flows Hit Decade Low
Jet fuel exports from Asia to California are at the lowest point in at least a decade, adding another pressure point to a burgeoning air travel crunch on the West Coast stemming from the war on Iran. With two days …
POSTED APRIL 29, 2026 5:00 AM |
Simulations Predict Ground Motion for Earthquakes on Bay Area’s Hayward Fault
NEWSWISE — The Hayward fault, part of the larger San Andreas fault system, runs 74 miles through the East Bay of the San Francisco Bay Area. The fault is overdue for an earthquake that could cause extensive damage to such …
POSTED APRIL 28, 2026 1:49 PM |
Viewpoint: Implications for Insurance, Compliance After Medical Marijuana Changes
The Department of Justice issued an order on April 23, rescheduling state-licensed medical marijuana and Food & Drug Administration-approved cannabis products to Schedule III of the Controlled Substances Act (CSA). The order is also expected to jumpstart the stalled Drug …
POSTED APRIL 28, 2026 5:00 AM |
Mother and Son Cited $4.4M for Misclassifying Caregivers in California
A California company was fined $4.4 million for misclassifying caregivers as independent contractors. The California Labor Commissioner’s Office cited Hart Placement Agency Inc., a Canoga Park based company, and its principals, Annie Ghaw and Hartmann Ghaw, for misclassifying 144 caregivers …
POSTED APRIL 28, 2026 5:00 AM |
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners insurance availability across the state, explaining in a news release the move is due …
POSTED APRIL 27, 2026 3:13 PM |
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