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News Archives - Insurance Journal
New York, Northeast Will See Temperatures Soar This Week
New York City and the Northeast will see temperatures surge this week as another wave of sultry weather shifts across the eastern US and southern Canada. Temperatures are forecast to top 90F (32C), potentially peaking at 98F in Central Park …
POSTED JULY 13, 2026 6:00 PM |
Meta Expands Louisiana Data Center to 5 Gigawatts, Investment Crosses $50B
Meta META.O said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion. The planned data center, known as Hyperion, was earlier …
POSTED JULY 13, 2026 4:15 PM |
Appeals Court Revives Private Lawsuits Linking Tylenol to Autism
A federal appeals court on July 13 revived more than 500 private lawsuits against Tylenol maker Kenvue over the painkiller’s alleged link to autism. The 2nd U.S. Circuit Court of Appeals in Manhattan said a district court judge improperly excluded …
POSTED JULY 13, 2026 4:11 PM |
Oklahoma Opens Next Round of Grants for Fortified Roof Program
The Oklahoma Insurance Department is opening the next round of applications for the Strengthen Oklahoma Homes Grant Program on Monday, July 13, with grants awarded on a first come, first served basis. Homeowners can apply beginning at 12:00 p.m. CST …
POSTED JULY 13, 2026 4:09 PM |
Police Officer Sentenced for Role in Insurance Fraud Conspiracy With Other Officers
A federal judge in Maryland has sentenced a former Anne Arundel County police officer for his role in an auto-insurance fraud scheme that involved several other officers. Jaron Earl Taylor, of Ft. Washington, Maryland, was sentenced to three years of …
POSTED JULY 13, 2026 3:47 PM |
Ryan Specialty Underwriting Managers Names Smith Ryan Specialty Renewables CEO
Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty, announced the appointment of Jeff Smith to CEO of newly created Ryan Specialty Renewables effective immediately. Ryan Specialty Renewables is RSUM’s managing general underwriting practice focused on the global …
POSTED JULY 13, 2026 3:39 PM |
Mile Auto Acquires Georgia’s Insurance House
Mile Auto, an AI-driven MGA, announced its acquisition of Insurance House, Inc. effective as of July 1, 2026. With nearly $100 million in annual premium, the combined organization serves more than 55,000 policyholders and 1,600 independent insurance agencies across 10 …
POSTED JULY 13, 2026 3:32 PM |
Trump Says US Reinstates Blockade of Strait of Hormuz After New Clashes With Iran
President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open after the two sides exchanged more missile and drone attacks. The latest …
POSTED JULY 13, 2026 3:27 PM |
Missouri Flooding Leaves One Dead, Forces Evacuation of Summer Camp
A woman was found dead in Missouri on Saturday after heavy rainfall battered parts of the state the previous day, forcing numerous emergency rescues and evacuations, including at a summer camp with more than 200 children. Several other states also …
POSTED JULY 13, 2026 3:26 PM |
NTSB: Both Engines Flamed Out Before Business Jet Crashed in Texas
Both engines flamed out on a small business jet that crashed on a Texas highway in June, preventing the pilots from being able to reach a nearby airport, the National Transportation Safety Board said in an preliminary investigation report released …
POSTED JULY 13, 2026 3:17 PM |
West News Archives - Insurance Journal
California Cannot Seek Damages From 23andMe Successor Over 2023 Data Breach
A U.S. bankruptcy judge on July 10 said California cannot seek damages from the company formerly known as 23andMe arising from a 2023 data breach that exposed genetic and other personal information of an estimated 6.9 million customers. U.S. Bankruptcy …
POSTED JULY 13, 2026 3:04 PM |
Driver Sentenced for Insurance Fraud After Crash Caught on Dashcam
A California driver was sentenced for filing a fraudulent insurance claim after dashcam footage showed him involved in a road rage incident that caused the accident. Kenneth Pham Tran, 54, of San Jose, was sentenced after dashcam footage showed him …
POSTED JULY 13, 2026 5:00 AM |
California Insurance Commissioner OKs Upping Workers’ Comp Pure Premium 10.4%
California Insurance Commissioner Ricardo Lara approved workers’ compensation advisory pure premium rates that average 10.4% than last year. The Workers’ Compensation Insurance Rating Bureau of California submitted a pure premium rate filing in May to the commissioner proposing September 1, …
POSTED JULY 13, 2026 5:00 AM |
People Moves: Trucordia Names Roberts EVP, Health Benefits & Financial Services; Arrowhead Programs Adds Kaufman as SVP and Chief Actuary
Trucordia Names Roberts as EVP, Health Benefits & Financial Services Trucordia named Steve Roberts executive vice president, health benefits and fnancial services. Roberts has more than three decades of experience leading growth, modernization and transformation across major healthcare and benefits …
POSTED JULY 13, 2026 5:00 AM |
California Real Estate Agent Sentenced in LA Wildfire Gouging Case
A real estate agent who tried to price gouge a couple who lost their home during the Los Angeles wildfires was sentenced for false advertising. California Attorney General Rob Bonta announced the sentencing of real estate agent Mike Kobeissi for …
POSTED JULY 10, 2026 1:17 PM |
WCIRB: 2025 California Workers’ Losses and Expenses 102% of Earned Premium
Incurred losses and expenses in California workers’ compensation in calendar year 2025 were $15.7 billion, or 102% of earned premium, up from 99% of earned premium in 2024. The Workers’ Compensation Insurance Rating Bureau of California released the 2025 California …
POSTED JULY 10, 2026 5:00 AM |
Trucordia Acquires Assets of Dominion Insurance Services in California
Trucordia acquired the assets of Dominion Insurance Services Inc. in California. Dominion is a boutique brokerage with a specialty focus in lawyers professional liability and other professional liability lines. Related: Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency Trucordia is the group …
POSTED JULY 10, 2026 5:00 AM |
California Bill to Let Insurers Use Driver Telematics Mulled by Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data …
POSTED JULY 09, 2026 2:59 PM |
Apple’s $30B Spend on Broadcom Chips Will Expand Colorado Factory
Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom disclosed on Monday …
POSTED JULY 09, 2026 5:00 AM |
Edison Gets Mixed Rulings on Bid to Spread Blame for LA Wildfire
A judge rejected Southern California Edison’s attempt to shift blame to Los Angeles County for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire …
POSTED JULY 09, 2026 5:00 AM |
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