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News Archives - Insurance Journal
Iran Cites ‘Major Progress’ After All-Night Talks With US
Iran said there had been “major progress” in all-night discussions with the US, as the warring sides try to reach a peace deal within two months.The countries began technical talks in the Swiss resort of Bürgenstock over the weekend, following …
POSTED JUNE 22, 2026 11:41 AM |
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused
KPMG Australia staff shared sensitive information about telecom firm Optus with another internal team bidding for an audit contract for its rival Telstra in a breach of ethics, the firm’s chairman told a parliamentary hearing on Friday. The admission confirms …
POSTED JUNE 22, 2026 11:04 AM |
After the Fracture: How Britain’s Financial Industry Recovered From Brexit
In the buildup to 2016’s Brexit referendum, JPMorgan CEO Jamie Dimon said the U.S. bank could shift 4,000 jobs from Britain, joining a chorus of executives who warned a vote to leave the European Union would ravage the country’s finance …
POSTED JUNE 22, 2026 9:38 AM |
Hormuz Transit Security Is ‘Hour to Hour’ Play, Chubb CEO Says
US efforts to open shipping channels in the Strait of Hormuz will allow a gradual increase in vessel transit, though security remains volatile, Chubb Ltd. Chief Executive Officer Evan Greenberg said. “It’s from day to day, hour to hour,” Greenberg, …
POSTED JUNE 22, 2026 9:18 AM |
AM Best Upgrades Credit Ratings of Missouri’s Columbia
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Columbia Mutual Insurance Company and its affiliates, collectively referred to …
POSTED JUNE 22, 2026 9:00 AM |
Texas Supreme Court Blocks Bid to Stop SpaceX Beach Closures
Siding with SpaceX and the General Land Office, the Texas Supreme Court on Friday ruled that environmental groups did not have a right to sue to preserve public access to a beach that has been closed during rocket launches. The …
POSTED JUNE 22, 2026 7:30 AM |
Court Orders Ohio Restrictions on Kids’ Use of Social Media Restored
Ohio’s law requiring children under 16 to get parental consent to use social media apps must be restored, a divided panel of the Sixth Circuit Court of Appeals ruled last week. The decision comes as a blow to NetChoice, which …
POSTED JUNE 22, 2026 7:00 AM |
Volunteers Risked Lives to Save Survivors in Texas Plane Crash
The business jet barreled cockeyed down the dark highway, knocking down one light pole after another, an orange glow of sparks trailing it. From a distance, Ivan Franco thought it must be a car. But as he approached in his …
POSTED JUNE 22, 2026 7:00 AM |
People Moves: Platinum Specialty Underwriters Adds McGarry, Berger to Property Program
Platinum Specialty Underwriters, a specialty underwriting platform announced the addition of two experienced property insurance leaders, Bryan McGarry and Adam Berger, to support the continued growth and expansion of its property capabilities with program launch later this summer. McGarry joins …
POSTED JUNE 22, 2026 7:00 AM |
West Set to Sizzle This Summer While Northeast Stays Cooler
The U.S. West and Gulf Coast are set to broil this summer while the rest of the nation may face dreary and cool days — thanks in part to El Niño. The U.S. Climate Prediction Center sees the western and …
POSTED JUNE 22, 2026 6:00 AM |
West News Archives - Insurance Journal
California AG Announces $7M Settlement with Property Manager in Algorithmic Rent Scheme
A property management company is paying $7 million for what the California Attorney General calls an “algorithmic rent alignment scheme.” California Attorney General Rob Bonta worked on the settlement as part of a coalition of nine attorneys general with LivCor …
POSTED JUNE 22, 2026 5:00 AM |
California and US West Threatened by Wildfires Over Coming Days
The fire threat across the U.S. West will rise Friday and remain dangerous through Saturday for many areas, including Northern California, as lightning strikes risk igniting dry vegetation. Critical fire weather conditions and dry lightning will prevail across the western …
POSTED JUNE 19, 2026 3:20 PM |
People Moves: ZestyAI Names Friend CFO and Ross SVP; Alliant Names Ackerman VP
ZestyAI Names Friend CFO and Ross SVP, Client Development ZestyAI appointed David Friend as chief financial officer and John Ross as senior vice president of client development. Both executives have decades of experience in insurance and enterprise technology. Friend has …
POSTED JUNE 19, 2026 5:00 AM |
Inszone Acquires Webtec Insurance Services in Colorado
Inszone Insurance Services acquired Webtec Insurance Services Inc. Webtec is a specialized insurance agency primarily focused on auto and homeowners insurance. Originally based in California, which remains the bulk of its business, the agency later relocated its home base to …
POSTED JUNE 19, 2026 5:00 AM |
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
California homeowners pay 41% below the national average for homeowners insurance, a study from LendingTree shows. LendingTree’s State of Home Insurance: 2026 report, which is based on rates publicly sourced from insurer filings, shows California homeowners paid an average of …
POSTED JUNE 18, 2026 2:00 PM |
People Moves: Ward Joins Alliant Insurance Services Benefits Team as SVP; Delos Appoints Cammet Chief Product Officer
Ward Joins Alliant Insurance Services Benefits Team as SVP Brandon Ward joined Alliant Insurance Services as senior vice president within its employee benefits group. Ward has a background working with technology companies, venture-backed businesses and growth-stage organizations. His experience includes …
POSTED JUNE 18, 2026 5:00 AM |
Zurich Files Growth Plan Under California Sustainable Insurance Strategy
Zurich is committing to expand its property coverage availability in areas designated as distressed in California in a new filing. Zurich U.S. submitted a commercial property insurance rate filing in California under the state’s Sustainable Insurance Strategy, an effort by …
POSTED JUNE 18, 2026 5:00 AM |
Patagonia Sues Pattie Gonia, A Drag Performer in Oregon With An Enviro Message
Days before the beginning of Pride Month in June, a glamorous drag queen with long, wavy red hair, a matching mustache and carabiner earrings stared into a camera and levied a strong accusation against a famous sustainable outdoors apparel brand: …
POSTED JUNE 17, 2026 2:47 PM |
DOJ Accuses UC Davis School of Medicine of Racial Discrimination in Admissions
The Justice Department’s Civil Rights Division announced last week that it found the University of California, Davis School of Medicine (Davis Med) discriminates based on race in its admissions process, violating a 2023 U.S. Supreme Court decision. The Justice Department …
POSTED JUNE 17, 2026 9:00 AM |
Washington Restaurants Ordered to Pay $750K in Back Wages
The U.S. Department of Labor has secured a federal consent judgment requiring four Washington-based restaurants to pay $750,000 in back wages and damages to 42 workers after an investigation uncovered minimum wage and overtime violations of the Fair Labor Standards …
POSTED JUNE 17, 2026 7:00 AM |
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