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Switzerland Mourns Fire Victims as Country Seeks Answers; Insurers Assess Damages
With flags already at half-mast across Switzerland, a chorus of church bells will ring out across Switzerland at 2 p.m. today in memory of the 40 victims of a deadly fire in a mountain resort. As the country pauses to …
POSTED JANUARY 09, 2026 7:40 PM |
Supreme Court Set to Issue Rulings as Trump Awaits Fate of Tariffs
The U.S. Supreme Court could issue at least one ruling on Friday as several major cases remain pending including litigation testing the legality of President Donald Trump’s sweeping global tariffs. The court may release opinions in argued cases when the …
POSTED JANUARY 09, 2026 4:21 PM |
NC Insurance Commissioner Urges President to Not Pardon Greg Lindberg
North Carolina’s insurance commissioner has heard nothing from the White House, three weeks after he sent a letter urging the president to refrain from pardoning twice-convicted insurance entrepreneur Greg Lindberg. “Mr. Lindberg’s criminal conduct was not incidental, technical, or victimless. …
POSTED JANUARY 09, 2026 3:58 PM |
People Moves: Munich Re Syndicate Taps HDI’s Ogden as CEO; HDI Global UK & Ireland Names Hunt as Interim CEO in UK & Ireland as Ogden Departs
This edition of International People Moves details leadership transitions at Munich Re Specialty and HDI Global. A summary of these appointments follows here. Munich Re announced that Stephanie Ogden has been named CEO of Munich Re Specialty’s Syndicate, effective March …
POSTED JANUARY 09, 2026 3:26 PM |
Baldwin Group Acquires Capstone Group in Philadelphia
Florida-based global insurance broker The Baldwin Group announced it has completed the acquisition of Capstone Group, a multi-line independent insurance brokerage firm headquartered in Lower Gwynedd Township, Pennsylvania, in the Philadelphia area. Capstone was founded in 2013 by Kevin M. …
POSTED JANUARY 09, 2026 3:18 PM |
How Trump’s Tariffs Ricochet Through A California Business Park
America’s trade wars forced Robert Luna to hike prices on the rustic wooden Mexican furniture he sells from a crowded warehouse here, while down the street, Eddie Cole scrambled to design new products to make up for lost sales on …
POSTED JANUARY 09, 2026 3:06 PM |
Surge of Supercharged Hurricanes Prompt Call for Cat 6 Classification
Scientists warn that warming sea surface temperatures are fueling a surge of extreme, off-the-charts storms, prompting a new hurricane category. Warm, deep ocean hot spots are leading to stronger and more dangerous hurricanes and typhoons, according to new research by …
POSTED JANUARY 09, 2026 2:55 PM |
Law Firm Faces Sanctions for Failing to Vet Ugandan Claims in $6B 3M Case
An Alabama law firm will likely have to pay more than $800,000—plus another $100,000 in sanctions—for failing to verify hearing loss in hundreds of Ugandans who claimed part of the massive settlement over faulty 3M earplugs. “It’s been a learning …
POSTED JANUARY 09, 2026 2:02 PM |
Company Hit With $9 Million Fine for 2023 Oil Spill off Louisiana Coast
Pipeline safety regulators this week assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of oil into the Gulf off the coast of Louisiana in 2023. But the $9.6 million fine isn’t likely to be …
POSTED JANUARY 09, 2026 11:00 AM |
Russian-Bound Tanker Hit by Drone in Black Sea, Maritime Sources Say
A Russia-bound oil tanker suffered a drone attack in the Black Sea that prompted it to request Turkish coastguard assistance and divert from its course, according to a notice by Lloyd’s List Intelligence and a separate maritime security source on …
POSTED JANUARY 09, 2026 10:32 AM |
West News Archives - Insurance Journal
How Trump’s Tariffs Ricochet Through A California Business Park
America’s trade wars forced Robert Luna to hike prices on the rustic wooden Mexican furniture he sells from a crowded warehouse here, while down the street, Eddie Cole scrambled to design new products to make up for lost sales on …
POSTED JANUARY 09, 2026 3:06 PM |
Less Than a Dozen Homes Have Been Rebuilt a Year After LA Wildfires
On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the still mostly flattened landscapes. Fewer than a dozen homes have been rebuilt in Los Angeles County since the …
POSTED JANUARY 09, 2026 6:00 AM |
People Moves: Moore Named General Counsel at Aspire
Aspire General Insurance Services named April Moore general counsel. Moore is a legal and insurance leader with two decades of experience, previously serving as general counsel of USA Underwriters Insurance Company. She previously served at Nationwide, The Auto Club Group …
POSTED JANUARY 09, 2026 6:00 AM |
Duffy Pulls $160 Million From California Over Truck Licenses
The U.S. Department of Transportation is withholding about $160 million from California after the state delayed canceling thousands of commercial driver’s licenses that regulators say were issued illegally. Transportation Secretary Sean Duffy said Wednesday that the Federal Motor Carrier Safety …
POSTED JANUARY 08, 2026 2:49 PM |
Newsom Plans Crackdown on Corporate Homebuying in California
California Gov. Gavin Newsom will call for a crackdown on institutional investors buying up homes in the state during a speech Thursday, following a similar announcement by President Donald Trump. Newsom plans on saying he will work with local legislators …
POSTED JANUARY 08, 2026 2:44 PM |
People Moves: Roxborough Named 2026 CHSWC Chair
The California Commission on Health and Safety and Workers’ Compensation elected CHSWC Commissioner Nicholas Roxborough as the chair of the commission for 2026. Roxborough is the managing partner of Roxborough, Pomerance, Nye & Adreani, LLP. He specializes in representing insured …
POSTED JANUARY 08, 2026 6:00 AM |
California Bill Would Require Insurer Claims Handling Plans, and Double Penalties
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, …
POSTED JANUARY 07, 2026 7:30 PM |
Southern California Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations
An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Teledyne RISI …
POSTED JANUARY 07, 2026 6:00 AM |
Their Homes Survived The LA Wildfires; A Year Later They Fear Living in Them
“DANGER: Lead Work Area” reads a sign on a front door of an Altadena home. “May damage fertility or the unborn child. Causes damage to the central nervous system.” Block after block there are reminders that contaminants still linger. House …
POSTED JANUARY 07, 2026 6:00 AM |
JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims
California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
POSTED JANUARY 06, 2026 9:04 PM |
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