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News Archives - Insurance Journal
Los Angeles, US West Brace for Second Bout of Record March Heat
Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …
POSTED MARCH 17, 2026 6:49 PM |
SEC Preparing to Scrap Quarterly Reporting Requirement, WSJ Reports
The U.S. Securities and Exchange Commission is preparing a proposal to scrap the requirement for companies to report their earnings every quarter and giving them the option to share results twice a year, the Wall Street Journal reported on Monday. …
POSTED MARCH 17, 2026 4:01 PM |
TDI Names Tapp as Deputy Commissioner of Consumer Protection Division
The Texas Department of Insurance (TDI) announced Matthew Tapp as deputy commissioner of its Consumer Protection Division. Tapp will oversee the division, which helps Texans resolve insurance questions and complaints and protects consumers by overseeing agent and adjuster licensing. The …
POSTED MARCH 17, 2026 3:28 PM |
Illinois Commercial Bakery Cited for Worker Safety Violations
The U.S. Department of Labor has cited a Chicago, Illinois-based commercial bakery for repeatedly exposing employees to safety hazards after a worker suffered a broken arm in September 2025 when clearing dough from a machine while working on the production …
POSTED MARCH 17, 2026 3:24 PM |
Corpus Christi City Council to Address Looming Water Crisis
As drought tightens its grip on South Texas, city leaders in Corpus Christi are expected to deliver what could be the most sobering update yet on the region’s water supply outlook. At Tuesday’s city council meeting, officials are expected to …
POSTED MARCH 17, 2026 3:21 PM |
DUAL North America Names Ashby CEO
DUAL Group announced the the appointment of Ed Ashby as chief executive officer, DUAL North America, effective March 23. Ashby will lead the U.S. business from New York, reporting to Richard Clapham, CEO, DUAL Group. Ashby joins from Axis, where …
POSTED MARCH 17, 2026 3:13 PM |
Howden Announces Leadership Changes for Regional Restructuring
Howden, the London-based insurance broking group, announces leadership appointments and regional structure changes, aiming to better serve clients and insurer partners. Howden said the changes will more closely align expertise and shape the business to bring all of its growing …
POSTED MARCH 17, 2026 2:48 PM |
Facing Suit From Former Employer, Parrish Appointed Howden CEO, Americas
Howden said Michael Parrish has been appointed CEO, Americas in a move the broker said would align better for clients. “Howden Americas, under Mike’s leadership, will bring together the exciting new retail broking operations in the US with our fast-growing …
POSTED MARCH 17, 2026 2:32 PM |
Tennessee Minors Sue Musk’s AI System, Alleging it Generated Sexual Images of Them
Three Tennessee plaintiffs, including two minors, sued Elon Musk’s xAI on Monday, alleging that it knowingly designed its Grok image generator to let people create sexually explicit content by using real photos of others. The lawsuit, filed in the San …
POSTED MARCH 17, 2026 2:12 PM |
‘Zombie’ Second Mortgages Spur New Battles in California, Maryland
In a room outside the Maryland State Senate chamber last winter, consumer advocates were meeting privately with lawmakers to explain how borrowers were losing their homes over “zombie” loans, old second mortgages that they hadn’t heard from lenders about in …
POSTED MARCH 17, 2026 2:00 PM |
West News Archives - Insurance Journal
Los Angeles, US West Brace for Second Bout of Record March Heat
Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …
POSTED MARCH 17, 2026 6:49 PM |
‘Zombie’ Second Mortgages Spur New Battles in California, Maryland
In a room outside the Maryland State Senate chamber last winter, consumer advocates were meeting privately with lawmakers to explain how borrowers were losing their homes over “zombie” loans, old second mortgages that they hadn’t heard from lenders about in …
POSTED MARCH 17, 2026 2:00 PM |
Owners of Large California Tow Operation Charged in $6M Workers’ Comp Fraud Scheme
Owners of one of the biggest towing businesses in Southern California were arrested on multiple counts of felony insurance fraud. Bothers Mark Hassan and Ahmed Hassan were charged with underreporting employee payroll and paying parts of employees’ wages in cash …
POSTED MARCH 17, 2026 5:00 AM |
Even Low-Risk Homes Are Caught Up in California’s Climate Insurance Crisis
As another wildfire season looms, insurance companies have abandoned some California neighborhoods at lower risk of burning, forcing tens of thousands of homeowners to obtain bare-bones coverage from the state’s insurer of last resort. California intended the insurer, called the …
POSTED MARCH 16, 2026 5:30 PM |
Busiest US Seaport Largely Insulated From Iran War Disruptions, Exec Director Says
The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has …
POSTED MARCH 16, 2026 5:00 AM |
Uber And Motional Launch Commercial Robotaxi Service in Las Vegas
Uber and Hyundai Motor-backed autonomous vehicle firm Motional launched a commercial robotaxi service in Las Vegas on Friday, the latest in a string of similar tie-ups as the ride-hailing platform doubles down on its self-driving taxi strategy. Related: Amazon’s Zoox …
POSTED MARCH 16, 2026 5:00 AM |
‘Nation’s First’ Smoke Damage Standards Bill Wending Through California Legislature
A bill to create a statewide framework for handling wildfire smoke damage insurance claims is now making its way through California Legislature. The Smoke Damage Recovery Act, which primary backer Insurance Commissioner Ricardo Lara said stems from the recovery process …
POSTED MARCH 13, 2026 7:12 PM |
Expanding Alaska Glacial Lakes Increasing Risk of Destructive Floods
Every summer, people living near the Mendenhall River in Juneau, Alaska, keep a close eye on the water level. When the river level begins to rise rapidly, it’s a sign that Suicide Basin, a small glacier-dammed lake 5 miles up …
POSTED MARCH 13, 2026 5:00 AM |
Muni Bonds in California Get Expensive Amid Flurry of Demand
Municipal bond investors are clamoring for tax-free debt sold by California issuers. That demand is benefiting borrowers across the state — even ones without AAA credit ratings. In general, U.S. state and local government debt has gotten more expensive this …
POSTED MARCH 13, 2026 5:00 AM |
People Moves: Surplus Lines Association of Washington Elects Board of Directors
The Surplus Lines Association of Washington elected officers for the upcoming term at their 2026 annual meeting, including President Cristi Carrington, Vice President Gretchen Echelbarger, Secretary/Treasurer Katy Peterson, and Past President Connie Divelbiss. The association also announced the election of …
POSTED MARCH 13, 2026 5:00 AM |
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