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News Archives - Insurance Journal
Two Slicks Appear in Gulf as Huge Oil spill off Oman Threatens Disaster
Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf. A potential …
POSTED AUGUST 14, 2026 1:56 PM |
EEOC Says Nike Complied With Subpoena, Drops Lawsuit
The U.S. agency that enforces laws banning workplace discrimination has dropped a lawsuit seeking to enforce a subpoena in an investigation of Nike’s treatment of white employees, saying the company has handed over a trove of information. U.S. District Judge …
POSTED AUGUST 14, 2026 1:26 PM |
Harvard Wins Dismissal of US Suit Over Campus Antisemitism
Harvard University won dismissal of a federal lawsuit claiming that it had “turned a blind eye to antisemitism and discrimination against Jews and Israelis,” marking another setback in the Trump administration’s campaign against the school. US District Judge Richard Stearns …
POSTED AUGUST 14, 2026 11:59 AM |
Hacking Group Claims Mass Data Theft From Shell, Philips, GE, Fiserv, Others
A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the group’s …
POSTED AUGUST 14, 2026 11:12 AM |
Crypto Firm Trezor Says Data Breach Exposed Thousands of Clients
Trezor, a maker of hardware devices used to store cryptocurrencies, said personal information belonging to thousands of customers was exposed in a data breach affecting one of its shipping providers, the latest security incident to hit the digital-asset industry. The …
POSTED AUGUST 14, 2026 10:59 AM |
UK’s Aviva CEO Says Profit Target Is Safe Despite Fires in UK, Canada
Aviva Plc is on track to achieve its profitability targets for the year despite its exposure to wildfires in the UK and Canada, according to its chief executive officer. The British insurer is in contact with customers impacted by the …
POSTED AUGUST 14, 2026 10:52 AM |
Germany Evacuates Nearly 2,000 People as Wildfire Spreads in the West
More than 2,000 people evacuated their homes in western Germany on Friday, after a wildfire near the Belgian border spread towards a village, local authorities said. Residents were asked to leave their homes in the village of Gey at around …
POSTED AUGUST 14, 2026 10:31 AM |
France Evacuates 525 People as New Wildfire Hits Pine Woods in Southwest
French authorities have evacuated 525 people from the village of Luglon after a wildfire broke out in the southwestern Landes region, not far from an area already devastated by major blazes this summer. The fire, which has razed 1,100 hectares …
POSTED AUGUST 14, 2026 10:12 AM |
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says
The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as Tornado Alley into more populated areas may continue raising insurance risk for some time. Record tornado activity in Illinois, Indiana, …
POSTED AUGUST 14, 2026 7:07 AM |
US Climate Prediction Center Sees 69% Chance of Historic El Niño
The El Niño building in the Pacific Ocean is increasingly expected to reach a strength not seen in 76 years of record keeping. “During the October-December 2026 season, there is a 69% chance of a historic event that would exceed …
POSTED AUGUST 14, 2026 5:14 AM |
West News Archives - Insurance Journal
People Moves: IMA Appoints Schwartz New Leader for Washington Market
IMA Financial Group Inc. named Karen Schwartz as Washington market president. She leads IMA’s Washington market strategy, focusing on strengthening collaboration across business lines, partnering with property/casualty and employee benefits teams and producers. Schwartz has nearly 15 years of insurance …
POSTED AUGUST 14, 2026 5:00 AM |
California Advances Bill to Expand Antitrust Enforcement Law
A major expansion of California’s antitrust laws advanced in the state legislature Thursday despite opposition from business leaders and some government officials. The state Senate Appropriations Committee moved the bill, AB 1776, to the full chamber, where it must pass …
POSTED AUGUST 14, 2026 5:00 AM |
Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …
POSTED AUGUST 13, 2026 1:25 PM |
Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
POSTED AUGUST 13, 2026 5:00 AM |
Inszone Insurance Acquires Two Fong’s in California
Inszone Insurance Services acquired Two Fong’s Inc in California. Founded in 1982 and acquired by its current leadership, Al and Pete Fong, in 2000, Two Fong’s has maintained a presence across the Bay Area, specializing in commercial property and lessor’s …
POSTED AUGUST 12, 2026 5:00 AM |
Edison Judge Balks at Holding Utility Liable for LA Wildfire
Insurance companies lost a bid to hold Edison International’s Southern California utility liable for a massive Los Angeles-area wildfire without a trial. Superior Court Judge Laura Seigle on Tuesday tentatively denied a request to put Southern California Edison on the …
POSTED AUGUST 12, 2026 5:00 AM |
Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
Montana State Auditor James Brown suspended the insurance producer license of a bail bondsman accused of exploiting people under his supervision, including trading services for sex and allegedly taking possession of vehicle titles without proper documentation, authorization or timely return …
POSTED AUGUST 11, 2026 5:00 AM |
Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
A sophisticated scam targeting Spanish-speaking injured workers is ongoing in Oregon, authorities are warning. The Oregon Department of Consumer and Business Services is warning people the scam targeting Spanish-speaking injured workers in Oregon and around the country involves workers being …
POSTED AUGUST 11, 2026 5:00 AM |
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
POSTED AUGUST 10, 2026 2:25 PM |
Body Found in California Home Burned by Wildfire Believed Started by Chain Saw
A dead body was found inside a central California home burned by a wildfire that investigators believe was accidentally started by sparks from a chain saw, authorities said last week. Herbert Wayne Smith, 65, was arrested in connection with the …
POSTED AUGUST 10, 2026 5:00 AM |
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