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News Archives - Insurance Journal
After Merger with CAC, Baldwin Names Lynch, Two Others to Leadership Roles
The Baldwin Group, formerly Baldwin Risk Partners and based in Tampa, has named new leadership for its insurance advisory solutions section that handles retail property-casualty and benefits brokerage. Publicly traded Baldwin, which just closed a merger with CAC Group, announced …
POSTED JANUARY 07, 2026 4:18 PM |
Three Atlanta Firms Merge, Offering Range of Insurance and Financial Services
Three Atlanta-based firms have merged, expanding insurance and financial services for small and medium-sized businesses, with growth plans for 2026. Partners Risk Services, an independent insurance brokerage in property/casualty, benefits and life products and formerly known as BWT Risk Advisors, …
POSTED JANUARY 07, 2026 3:21 PM |
NRA Sues Charity Arm After Alleged Takeover by LaPierre Allies
The National Rifle Association has sued its charity affiliate, alleging a “disgruntled faction of former NRA directors” has seized the affiliate to turn it into a competitor and misused nearly $160 million in NRA funds. The NRA’s lawsuit against the …
POSTED JANUARY 07, 2026 2:42 PM |
US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says
Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies to enter the country. Wright said he was speaking to …
POSTED JANUARY 07, 2026 2:18 PM |
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 years for 2025, driven by favorable private passenger auto outcomes. Still, while their …
POSTED JANUARY 07, 2026 12:59 PM |
Trump Won’t Rule Out Military Force to Acquire Greenland
President Donald Trump won’t rule out the use of military force to acquire Greenland, the White House said, escalating tension with Denmark, a fellow NATO member, over a dispute that’s surged back into public view following the ouster of Venezuelan …
POSTED JANUARY 07, 2026 11:31 AM |
Arctic Freeze Deepens Europe’s Travel and Power Strains
A wave of Arctic air blanketed Europe with frigid weather and intense snowfall, snarling travel and triggering power outages in some areas. Northerly winds driven by high pressure systems in the Atlantic and Arctic caused temperatures to plummet Monday and …
POSTED JANUARY 07, 2026 11:12 AM |
Governments, Regulators Increase Scrutiny of Chinese AI Startup DeepSeek
Chinese AI startup DeepSeek, which said in January it had developed an AI model to rival ChatGPT at much lower cost, has come under scrutiny in some countries for its security policies and privacy practices. According to its own privacy …
POSTED JANUARY 07, 2026 10:22 AM |
Nestle Recalls Infant Formula Batches in 25 Countries Over Toxin Risk
Nestle said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting. The recall, which began on a …
POSTED JANUARY 07, 2026 10:10 AM |
Viewpoint: The Convergence of Autonomy and Intelligence Is Reshaping Insurance
The adoption of AI in insurance is a mixed bag, marked by ambitious experimentation on one hand and structural hesitation on the other. The intent to deploy AI is high, and the expectations are rising just as quickly. Recent industry …
POSTED JANUARY 07, 2026 7:48 AM |
West News Archives - Insurance Journal
Southern California Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations
An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Teledyne RISI …
POSTED JANUARY 07, 2026 6:00 AM |
Their Homes Survived The LA Wildfires; A Year Later They Fear Living in Them
“DANGER: Lead Work Area” reads a sign on a front door of an Altadena home. “May damage fertility or the unborn child. Causes damage to the central nervous system.” Block after block there are reminders that contaminants still linger. House …
POSTED JANUARY 07, 2026 6:00 AM |
JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims
California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
POSTED JANUARY 06, 2026 9:04 PM |
Morningstar: A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insurance sector. The industry …
POSTED JANUARY 06, 2026 4:08 PM |
Woman Who Lost Home in LA Wildfire Sowed Hope Where Her Home Once Stood
Missi Dowd-Figueroa brought life back to the fire-ravaged plot where her home once stood—one sunflower at a time. The registered nurse and mother of three lost her 1898 farm-style house in the Eaton Fire, one of two deadly wildfires that …
POSTED JANUARY 06, 2026 6:00 AM |
Appeals Panel Says California’s Open Carry Ban in Populated Counties Unconstitutional
A federal appeals panel has ruled that a California law prohibiting open carry of firearms in heavily populated counties is unconstitutional. The ruling was issued Friday by two judges on a three-judge panel for the 9th U.S. Circuit Court of …
POSTED JANUARY 06, 2026 6:00 AM |
Insurance Payments Now at $22.4B From LA Wildfires One Year Ago
Insurers have paid more than $22.4 billion on tens of thousands of claims from the Los Angles wildfires that broke out a year ago on Jan. 7. The claims data, which comes from the California Department of Insurance, shows the …
POSTED JANUARY 05, 2026 4:28 PM |
AI Regulation Battle Looms in California Despite Trump Threats
This year, many of the world’s most powerful artificial intelligence companies face a pitched battle over government regulation on their home turf—California. And even President Donald Trump’s threat to punish states that regulate AI may not stop the fight. California …
POSTED JANUARY 05, 2026 2:45 PM |
Washington Contractors Fined for Exposing Workers to 22-Foot Wall of Dirt
A crew of concrete workers were put in danger during a recent home build in Spokane, prompting a Washington safety regulator to issue $300,000 in fines for exposing them to potential cave-ins and excavation hazards. The Washington State Department of …
POSTED JANUARY 05, 2026 6:00 AM |
Washington Workplace Changes for 2026 Include Higher Pay, New Tower Crane Rules
A round of changes impacting Washington workplaces now that 2026 has arrived include higher worker pay and several workplace safety alterations. The Washington State Department of Labor & Industries year calculates new wage standards, including the minimum wage. L&I makes …
POSTED JANUARY 03, 2026 6:00 AM |
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