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News Archives - Insurance Journal
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the US effective approved homeowners rate change declined from about …
POSTED AUGUST 13, 2026 5:13 AM |
Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
The world’s busiest airport is coming to market with a more than $1 billion municipal bond sale, boosting issuance in the lagging airport sector. Atlanta’s borrowing will help finance infrastructure improvements at the Hartsfield-Jackson Atlanta International Airport, a cornerstone hub …
POSTED AUGUST 13, 2026 5:02 AM |
WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
West Virginia is one of the deadliest states for house fires, killing an average of 32 people per year between 2009 and 2023. An audit of the State Fire Commission in December of 2025 noted that the commission hadn’t compiled …
POSTED AUGUST 13, 2026 5:02 AM |
Amynta Group Buys Virginia-Based Southern States Underwriters MGU
Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond, Virginia. The underwriter and agency are the insurance operations of Southern States …
POSTED AUGUST 13, 2026 5:01 AM |
People: Rivera Named President of FSLA at Convention
The Florida Surplus Lines Association installed its new officers and directors this week at what the association said was a record-breaking annual convention in St. Petersburg. “Our industry plays a vital role in helping Florida businesses and consumers find coverage …
POSTED AUGUST 13, 2026 5:01 AM |
Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children
Lindsay Clancy messaged one of her caregivers less than two months before she killed her three young children in 2023 to say she was having “intrusive thoughts I never had before,” “feeling completely hopeless” and worried about becoming addicted to …
POSTED AUGUST 13, 2026 5:00 AM |
Report Says Firefighting Tactics at Maine Lumber Mill Inadvertently Aided Deadly Blast
Firefighters who responded to a fire at a Maine lumber mill used tactics that inadvertently contributed to a massive explosion that killed three people, according to a report from federal investigators. The fire companies tried to extinguish the May 15 …
POSTED AUGUST 13, 2026 5:00 AM |
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 |
AI Data Center Boom Is ‘Maxing Out’ P&C Insurers, AIG CEO Says
American International Group Inc. Chief Executive Officer Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it’s also pushing property and casualty providers to their limits. AI data centers “need everything from …
POSTED AUGUST 13, 2026 4:08 AM |
Texas Trial Lawyers, Once a Democratic Force, Regain Clout in GOP
When Armin Mizani won the GOP primary for a north Texas House district in March, warning bells went off in certain Republican circles. It’s not his political ideology. Mizani is a die-hard conservative who, as mayor of Keller, proudly partnered …
POSTED AUGUST 12, 2026 4:49 PM |
West News Archives - Insurance Journal
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 |
Meta Ordered to Pay $567 Million In New Mexico for Teen Mental Health Fund
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge …
POSTED AUGUST 07, 2026 8:03 PM |
Washington Arson Suspect Timed Fire for High Wind Day
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …
POSTED AUGUST 07, 2026 12:55 PM |
California Sees Second Straight Year of Vehicle Theft Declines
California recorded its second straight year of declining vehicle thefts last year, the California Highway Patrol is reporting. According to the CHP’s, thieves stole roughly 133,000 vehicles in California in 2025, which represents a 25% decrease from the 176,230 vehicles …
POSTED AUGUST 07, 2026 5:00 AM |
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