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News Archives - Insurance Journal
IJ Q&A: Fortegra on the Grow Path for MGAs
At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jacksonville, Florida-based Fortegra. Here is …
POSTED NOVEMBER 14, 2025 4:48 PM |
California Revokes 17,000 Commercial Driver’s Licenses for Immigrants
California plans to revoke 17,000 commercial driver’s licenses given to immigrants after discovering the expiration dates went past when the drivers were legally allowed to be in the U.S., state officials said. The announcement follows harsh criticism from the Trump …
POSTED NOVEMBER 14, 2025 4:25 PM |
All 14 Victims Identified in UPS Cargo Plane Crash in Louisville
A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business. They were among the 14 people who died in the fiery crash of a UPS plane in Louisville …
POSTED NOVEMBER 14, 2025 4:01 PM |
Coal Miners’ Respirator Claims Barred by Statute of Limitations, WV Supreme Court Finds
A group of coal miners with lung disease waited too late to sue 3M Corp. and other respirator manufacturers and suppliers, the Supreme Court of West Virginia said this month in upholding lower courts’ findings that the statute of limitation …
POSTED NOVEMBER 14, 2025 3:44 PM |
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
John Neal’s tenure at American International Group (AIG) is over before it began. The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to “personal circumstances,” according to a …
POSTED NOVEMBER 14, 2025 2:02 PM |
Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024
Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138 million (US$181.6 million) more than in 2023, according to the Association of British Insurers (ABI). Malware and ransomware alone accounted …
POSTED NOVEMBER 14, 2025 1:09 PM |
BBC Apologizes to Trump, Says No Basis for Defamation Claim
The British Broadcasting Corp. issued a formal apology to Donald Trump on Thursday over the misleading edit of the US president’s speech in a documentary program late last year, but rejected his demands for compensation. BBC Chairman Samir Shah sent …
POSTED NOVEMBER 14, 2025 11:47 AM |
BBVA Hires Adviser to Review Bancassurance Partnership in Turkey
BBVA SA is reviewing its insurance partnership in Turkey as its current agreement with Eureko Sigorta AS is set to expire, according to people familiar with the matter. BBVA is considering various options including a new partnership for its local …
POSTED NOVEMBER 14, 2025 11:26 AM |
BHP Liable for 2015 Brazil Dam Collapse, UK Court Rules, in Mammoth Lawsuit
BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians, …
POSTED NOVEMBER 14, 2025 11:13 AM |
Kansas County to Pay $3M and Apologize Over a Raid on a Small-Town Newspaper
TOPEKA, Kan. (AP) — A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over press freedom. …
POSTED NOVEMBER 14, 2025 11:00 AM |
West News Archives - Insurance Journal
California Revokes 17,000 Commercial Driver’s Licenses for Immigrants
California plans to revoke 17,000 commercial driver’s licenses given to immigrants after discovering the expiration dates went past when the drivers were legally allowed to be in the U.S., state officials said. The announcement follows harsh criticism from the Trump …
POSTED NOVEMBER 14, 2025 4:25 PM |
Dangerous Car Chase Went 170 Miles Through 4 California Counties
In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping into Mexico, …
POSTED NOVEMBER 14, 2025 6:00 AM |
LA County Launches Investigation Into State Farm Over Wildfire Claims
Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential violations of California’s …
POSTED NOVEMBER 13, 2025 6:16 PM |
Los Angeles Braces for Drenching Storms, Potential Flooding
California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires. The …
POSTED NOVEMBER 13, 2025 4:15 PM |
Anzen in California Raises $16M to Scale AI Platform for Insurance Distribution
San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raised to $26 million. With this funding, …
POSTED NOVEMBER 13, 2025 3:27 PM |
Mounting Oregon Wildfire Claims Threaten Ratings of Berkshire’s PacifiCorp
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it …
POSTED NOVEMBER 13, 2025 6:00 AM |
People Moves: California Insurance Commissioner Makes Task Force Reappointments
California Insurance Commissioner Ricardo Lara reappointed Michael Golden, Bernardo de la Torre, Doug Heller and Cynthia Strathmann to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee; Doug Bystry to the California Organized Investment Network (COIN) Advisory Board, and Rebecca …
POSTED NOVEMBER 13, 2025 6:00 AM |
Waymo Launches Driverless Robotaxis on California, Arizona Freeways in First for US
Waymo will become the first robotaxi provider in the U.S. to offer driverless rides on highways, a milestone that positions it to better compete with ride-hailing companies and traditional taxi services. Beginning Wednesday, the Alphabet Inc. unit will begin offering …
POSTED NOVEMBER 12, 2025 4:22 PM |
Newsom Calls Trump Offshore Oil Drilling Plan DOA at Climate Summit
California Gov. Gavin Newsom declared a planned Trump administration proposal to sell new oil drilling rights off the U.S. West Coast “dead on arrival.” The draft proposal prepared by administration officials, first reported by Bloomberg in October, sets the stage …
POSTED NOVEMBER 12, 2025 1:46 PM |
Crews Work to Fix Alaska Native Villages Devastated by Floods
Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …
POSTED NOVEMBER 10, 2025 4:28 PM |
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