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News Archives - Insurance Journal
Florida Firms Introduce New Tarp and Flood-Protection Products
Two new products on the market could help reduce losses and property insurance claims in storm-prone parts of the Southeast and beyond, makers announced recently. Flood Risk America, based in Lake Worth, Florida, said it has expanded its flood protection …
POSTED MAY 01, 2026 5:03 AM |
Kentucky Insurance Agent Pleads Not Guilty in Church Premium Fraud Case
A Kentucky insurance agent charged with swiping premium payments from a church pleaded not guilty this week. Glen David Ramey, of Murray, Kentucky, is scheduled for a preliminary hearing in district court on May 13, the Murray Ledger and Graves …
POSTED MAY 01, 2026 5:02 AM |
Viewpoint: Decades-Old Approach to Workers Comp Claims Must Change
Historically, executing decisive, effective workers’ compensation claims has been a work in… well, compensation. As in compensating for holes in data that, if available or accessible, would help deliver far more expedient, cost-effective and successful outcomes for all parties. These …
POSTED MAY 01, 2026 5:02 AM |
Upstate New York Agent Pleads Guilty to Stealing More Than $50M From Neighbors
A businessman accused of stealing more than $50 million from hundreds of people in upstate New York as part of a massive Ponzi scheme pleaded guilty this week to charges stemming from the fraud, according to the state attorney general. …
POSTED MAY 01, 2026 5:00 AM |
That Dog Won’t Hunt. Jury Awards $5.2M to Accident Victim.
A New Jersey jury has awarded $5.2 million to a Watchung man who suffered spinal injuries after being hit in an accident in a Costco parking lot in 2017. The jury rejected the claim by the other driver and his …
POSTED MAY 01, 2026 5:00 AM |
IICF’s Western Division Celebrates $670,000 in Community Grants, Alphabet’s Nickel Honored
The Insurance Industry Charitable Foundation celebrated more than $670,000 in IICF Community Grants awarded across the region to 78 nonprofit partners at its 11th annual IICF Western Division Horizon Award Gala. The event was held drew insurance leaders from across …
POSTED MAY 01, 2026 5:00 AM |
Workers’ Comp Bureau of California Submits Pure Premium Filing of 10.4%
The Workers’ Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be on average 10.4% above the average approved September 1, …
POSTED MAY 01, 2026 5:00 AM |
FM Earns Guinness World Records Title for ‘Largest Display of Fire Sprinklers’
Reflecting the property protection philosophy that has driven the company for nearly two centuries, commercial property insurer FM has earned a Guinness World Records title for the world’s largest display of fire sprinklers. A total of 1,007 sprinklers line the …
POSTED MAY 01, 2026 5:00 AM |
Musk Gets Apology From California Regulators as SpaceX Suit Is Settled
California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission …
POSTED MAY 01, 2026 5:00 AM |
With New Program, Indie Agents Can Start Selling Root Insurance in 24 Hours
Insurtech car insurance provider Root said it has started a 24-hour agent appointment program to allow independent insurance agents to complete onboarding and begin selling policies in as little as one day. Root Insurance said traditional insurance carrier onboarding often …
POSTED MAY 01, 2026 5:00 AM |
West News Archives - Insurance Journal
IICF’s Western Division Celebrates $670,000 in Community Grants, Alphabet’s Nickel Honored
The Insurance Industry Charitable Foundation celebrated more than $670,000 in IICF Community Grants awarded across the region to 78 nonprofit partners at its 11th annual IICF Western Division Horizon Award Gala. The event was held drew insurance leaders from across …
POSTED MAY 01, 2026 5:00 AM |
Workers’ Comp Bureau of California Submits Pure Premium Filing of 10.4%
The Workers’ Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be on average 10.4% above the average approved September 1, …
POSTED MAY 01, 2026 5:00 AM |
Musk Gets Apology From California Regulators as SpaceX Suit Is Settled
California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission …
POSTED MAY 01, 2026 5:00 AM |
California Gasoline Price Surges Above $6 as Iran War Fans Gains
Gasoline in California has topped $6 a gallon as the global energy crunch from the Iran war reverberates. The average statewide price for regular gasoline rose to $6.01, according to data from the American Automobile Association. That’s the highest since …
POSTED APRIL 30, 2026 1:32 PM |
Billionaire Tax Proposal in California on Track to Qualify for Ballot, Say Backers
A controversial proposal in California to temporarily increase taxes on billionaires has enough signatures to qualify for the November ballot, a labor union backing the measure said. The proposal, backed by the Service Employees International Union Healthcare Workers West, would …
POSTED APRIL 30, 2026 5:00 AM |
People Moves: The Doctors Company Makes Key Medical Professional Liability Leadership Appointments
The Doctors Company made several leadership appointments to add its medical professional liability operations. Todd Zeiter has been promoted to chief underwriting officer. He has amassed an underwriting and reinsurance background and nearly three decades at The Doctors Company. He …
POSTED APRIL 30, 2026 5:00 AM |
California Adopts Rules Allowing Testing And Deployment of Heavy-Duty AVs
The California Department of Motor Vehicles on Tuesday adopted new regulations for autonomous vehicles, allowing manufacturers to test and deploy heavy-duty driverless vehicle technology on the state’s roads. Related: Tesla Avoids California Sales Halt Over Autopilot Marketing The new regulations …
POSTED APRIL 29, 2026 1:40 PM |
People Moves: XPT Specialty Salt Lake City Makes Two Senior Hires
XPT Specialty hired Travis Hirschi as a producer and branch manager and Kristin Miller as an underwriter in its Salt Lake City, Utah, office. Hirschi and Miller will work with retail agents to support hard-to-place and non-standard commercial risks across …
POSTED APRIL 29, 2026 5:00 AM |
California Jet Fuel Woes Deepen as Asia Flows Hit Decade Low
Jet fuel exports from Asia to California are at the lowest point in at least a decade, adding another pressure point to a burgeoning air travel crunch on the West Coast stemming from the war on Iran. With two days …
POSTED APRIL 29, 2026 5:00 AM |
Simulations Predict Ground Motion for Earthquakes on Bay Area’s Hayward Fault
NEWSWISE — The Hayward fault, part of the larger San Andreas fault system, runs 74 miles through the East Bay of the San Francisco Bay Area. The fault is overdue for an earthquake that could cause extensive damage to such …
POSTED APRIL 28, 2026 1:49 PM |
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