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News Archives - Insurance Journal
Brookfield Merges Insurance Unit as Flatt’s Overhaul Takes Hold
Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to transform itself into an investment-led insurer. The merger of the parent company and the insurance business will improve Brookfield Corp.’s …
POSTED MAY 14, 2026 2:03 PM |
Alex Murdaugh’s Murder Conviction Tossed on Clerk Interference
Richard Alexander Murdaugh, the disbarred South Carolina attorney found guilty in 2023 of murdering his wife and son, won his bid Wednesday to overturn his conviction and get a new trial over comments the county clerk made to jurors. The …
POSTED MAY 14, 2026 1:42 PM |
AM Best Downgrades Credit Ratings of Arrow Mutual of Massachusetts
AM Best has downgraded the credit ratings of Massachusetts-based workers’ compensation carrier Arrow Mutual Liability Insurance Co. The ratings firm downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) …
POSTED MAY 14, 2026 1:37 PM |
Denver Airport Security Missed Trespasser Killed By Plane on Runway
Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …
POSTED MAY 14, 2026 1:31 PM |
South Florida Wildfires Have Burned Thousands of Acres
A pair of South Florida wildfires that torched thousands of acres in the Everglades over the weekend spread Monday as fire crews worked to contain them. The Florida Forest Service posted on Facebook that the growing fires were producing smoky …
POSTED MAY 14, 2026 1:18 PM |
California Attorney General Looking into FIFA World Cup Ticketing Practices
California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …
POSTED MAY 14, 2026 1:14 PM |
Markets/Coverages: AXA XL Starts Prevention-Focused Business Unit; Markel Adds New Media, Entertainment Offerings
AXA XL announced the creation of a new Business Unit dedicated to prevention. The new unit, led by Global Chief Underwriting Officer Libby Benet, will accelerate the development and reach of AXA XL’s risk consulting capabilities and prevention services. The …
POSTED MAY 14, 2026 1:08 PM |
New York Hopes Captives Can Lower Affordable Housing Insurance Costs
New York State is providing financial assistance to a captive insurer and taking other steps to advance this form of self-insurance as part of an effort to lower insurance costs for operators of affordable housing. The state has made a …
POSTED MAY 14, 2026 12:52 PM |
Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla’s insurance operations skyrocketed 40.7%, according to a new analysis. S&P Global Market …
POSTED MAY 14, 2026 12:49 PM |
People Moves: Ariel Re Taps Gallagher Re’s Sammons as Active U/W of Syndicate 2006; McLarens Appoints 2 Senior Leaders in Middle East
This edition of International People Moves details appointments at Ariel Re and McLarens. A summary of these new hires follows here. Ariel Re Taps Gallagher Re’s Sammons as Active Underwriter of Syndicate 2006 Ariel Re, the Bermuda-based reinsurer, announced the …
POSTED MAY 14, 2026 12:40 PM |
West News Archives - Insurance Journal
Denver Airport Security Missed Trespasser Killed By Plane on Runway
Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …
POSTED MAY 14, 2026 1:31 PM |
California Attorney General Looking into FIFA World Cup Ticketing Practices
California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …
POSTED MAY 14, 2026 1:14 PM |
LP Acquires Benefits Consulting Practice of Van Noy Consulting Group in Nevada
LP Insurance Services acquired the employee benefits consulting practice of Van Noy Consulting Group in Nevada. The deal includes the addition of Terry Van Noy as an employee benefits consultant. Van Noy has more than five decades of leadership and …
POSTED MAY 14, 2026 5:00 AM |
California Suit Claims OpenAI Chatbot Gave Advice That Led to Fatal Overdose
The parents of a man who died of an accidental drug overdose last year sued OpenAI and its founder and CEO Sam Altman in a California court on Tuesday, alleging the man was coached to take a dangerous combination of …
POSTED MAY 13, 2026 1:42 PM |
Trucordia Acquires Assets of Richardson Insurance in Idaho
Trucordia has acquired the assets of Richardson Insurance in Idaho. Richardson Insurance is a personal and commercial lines firm based founded in 1988 by Randy Richardson. Lindon, Utah-based Trucordia is the group name for a group of companies that offers …
POSTED MAY 13, 2026 5:00 AM |
Oregon OSHA Tells Businesses to Be Aware of Scams Going Around
The Oregon Occupational Safety and Health Division is warning employers about scams to steal money. Oregon OSHA said it has learned of several recent cases of fraudulent activity involving two types of scams. One scam involves people calling employers with …
POSTED MAY 13, 2026 5:00 AM |
Orion180 Expands in Salt Lake City
Orion180 Insurance is opening a new service center in Salt Lake City, Utah. The office will serve as a hub for customer experience, inside sales, claims intake and technology support operations. The expansion is Orion180’s third major facility. Orion180 chose …
POSTED MAY 12, 2026 2:26 PM |
Oregon Democrats Improved Roads, but Now Their Gas Tax Goes Before Voters
Appealing to voters’ anxieties about the soaring cost of living is central to Democrats’ messaging in their hopes of big wins in this year’s midterm elections. In Oregon, a question on the primary ballot is complicating that strategy. The Democratic-controlled …
POSTED MAY 12, 2026 5:00 AM |
Frontier Jet Hit And Killed Pedestrian on Denver Runway
A Frontier Airlines passenger jet struck and killed a pedestrian on a runway at Denver International Airport during a planned takeoff for Los Angeles late on Friday, the airport said in a statement. The Frontier flight reported striking an individual …
POSTED MAY 11, 2026 8:20 PM |
California County Suing Meta Over Scam Ads
California’s Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising and unfair business practices laws. The lawsuit – filed Monday in Santa Clara County Superior …
POSTED MAY 11, 2026 3:41 PM |
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