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News Archives - Insurance Journal
New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds
An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, sprain and lifting injuries by as much as 62% over months of study, signaling a way to reduce some of the most common workers’ compensation claims. The HeroWear company, …
POSTED JANUARY 23, 2026 4:19 PM |
Sweeping US Winter Storm Threatens Blackouts and Snarled Travel
A vast swath of the US — sweeping east from the Southern Rockies to the Mid-Atlantic and New England — is on alert for winter-storm conditions that could last days, disrupting travel and threatening blackouts. By Friday evening, a mix …
POSTED JANUARY 23, 2026 4:01 PM |
Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies
Pacific Life Insurance Company on Thursday asked a federal court to dismiss the $8.5 million lawsuit filed by NASCAR champion Kyle Busch and his wife over policies the Buschs claim were sold to them under false and negligent representations as …
POSTED JANUARY 23, 2026 3:42 PM |
People Moves: Starwind Marine and Energy Announces Leadership Appointments
Starwind Specialty Insurance Services, a CRC Group division, announced a series of leadership appointments within Starwind Marine and Energy that further strengthen its long-term strategy for growth and technical excellence across the marine and energy sectors. The appointments took effect …
POSTED JANUARY 23, 2026 3:26 PM |
People Moves: Coterie Appoints Seich as Chief Revenue Officer
Coterie Insurance, a small business MGA, announced Mark Seich as the company’s new Chief Revenue Officer overseeing revenue strategy across distribution, agency engagement, marketing, and customer experience. Seich served as VP of Marketing & Distribution at The Philadelphia Contributionship, where …
POSTED JANUARY 23, 2026 3:17 PM |
Hot Sauce Company Sues Manufacturer Over Exploding Bottles
A product liability dispute is bubbling between a popular salsa and hot sauces company and its manufacturer. Iowa-based Lola’s Fine Sauces alleges in a lawsuit that it lost several hundred thousand dollars after customers complained that Lola’s bottled products bubbled, …
POSTED JANUARY 23, 2026 3:10 PM |
Prudential Japan Pledges Reforms After Widespread Misconduct
Prudential Financial Inc.’s Japan insurance head vowed to bolster governance after revelations that improper actions by more than 100 current and former staff cost customers about $20 million. The chief executive officer of the unit, Kan Mabara, “deeply” apologized for …
POSTED JANUARY 23, 2026 3:10 PM |
Port of Los Angeles December Imports Fell 8% From Year Earlier
The Port of Los Angeles handled 424,499 20-foot equivalent units of imports in December, down 8% from the year earlier, according to data released by the nation’s busiest seaport on Thursday. Related: EU ‘Fully Prepared’ to Hit Back Over Trump’s …
POSTED JANUARY 23, 2026 2:43 PM |
Pennsylvania High Court Quashes Challenge to Uber’s ‘Clickwrap’ Arbitration Agreement
The Pennsylvania Supreme Court has vacated a lower appeals court ruling that had found ride-hailing firm Uber’s “clickwrap” mandatory arbitration agreement unenforceable because it would deprive a husband and wife of their right to a jury trial for their injury …
POSTED JANUARY 23, 2026 2:19 PM |
Munich Re May Trim Headcount Through Voluntary Buyouts at Ergo Insurance Unit
German reinsurer Munich Re is planning to reduce jobs through attrition but may turn to voluntary buyouts at its ERGO insurance unit, CEO Christoph Jurecka said. Speaking to journalists on Thursday evening in Munich, Jurecka said that natural fluctuation “may …
POSTED JANUARY 23, 2026 2:19 PM |
West News Archives - Insurance Journal
Port of Los Angeles December Imports Fell 8% From Year Earlier
The Port of Los Angeles handled 424,499 20-foot equivalent units of imports in December, down 8% from the year earlier, according to data released by the nation’s busiest seaport on Thursday. Related: EU ‘Fully Prepared’ to Hit Back Over Trump’s …
POSTED JANUARY 23, 2026 2:43 PM |
Washington Bill Granting Restitution to Insurance Consumers Passes State Senate
A bill to provide restitution to policyholders harmed by their insurer or agent passed the Washington Senate on Wednesday on a 29 to 20 vote. The bill, sponsored by Insurance Commissioner Patty Kuderer and sponsored by Senator Adrian Cortes (D–Battle …
POSTED JANUARY 23, 2026 6:00 AM |
Relation Insurance Acquires PT Business Solutions in California
Relation Insurance Services has acquired the assets of PT Business Solutions in South Pasadena, California. PT Business Solutions is a provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The agency has been serving clients since 2003. …
POSTED JANUARY 23, 2026 6:00 AM |
People Moves: EverPeak Insurance Names Kranz President; Arrowhead Intermediaries Appoints Davis as CMO; Owens Joins Alliant as SVP
EverPeak Insurance Names Kranz President EverPeak Insurance created a unified leadership team headed by Kathy Kranz. Kranz most recently served as interim COO at EverPeak. She previously served a long tenure as CFO of Pinnacol Assurance. The new EverPeak Insurance …
POSTED JANUARY 23, 2026 6:00 AM |
Falls Were Most Common Safety Violation in Washington for 20th Straight Year
Falls from heights were the most cited serious workplace safety violation by the Washington State Department of Labor & Industries for the 20th straight year. In the past four months, L&I issued $1.4 million in fines to five construction companies …
POSTED JANUARY 22, 2026 6:00 AM |
What A Community Foundation Learned Spending $100M After The LA Fires
When fires broke out across Los Angeles on Jan. 7, 2025, Miguel Santana grasped the magnitude of the catastrophe befalling his hometown sooner than most — he flew over the blazes, twice. Climbing above the LA basin on his way …
POSTED JANUARY 22, 2026 6:00 AM |
Gryphon Holdings Acquiring PrimeOne Insurance Company
Gryphon Holdings has entered into an agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier. PrimeOne will operate as a core underwriting platform under the Gryphon umbrella. With PrimeOne, Gryphon’s integrated platform will include: MGA incubation …
POSTED JANUARY 22, 2026 6:00 AM |
Consumer Group Got $1.4M Intervening in California Rate Filings, CDI Says
California Department of Insurance data show one consumer advocacy group earned $1.4 million in fees last year from a program that pays people and advocates to intervene in rate hearings. Consumer Watchdog received $1,427,280.80 in fees from the state’s inventor …
POSTED JANUARY 21, 2026 3:28 PM |
Kaiser Permanente Affiliates Paying $556M to Resolve False Claims Act Allegations
An integrated healthcare consortium headquartered in Oakland, California, that are affiliates of Kaiser Permanente agreed to pay $556 million to resolve allegations that they violated the False Claims Act by submitting invalid diagnosis codes for their Medicare Advantage Plan enrollees. …
POSTED JANUARY 21, 2026 6:00 AM |
Appeals Court Asks Arizona Justices to Define ‘Fortuitous Loss’
What constitutes a fortuitous loss in Arizona? That’s the question the 9th U.S. Circuit Court of Appeals has asked the Arizona Supreme Court to answer to resolve a commercial property damage dispute. The circuit court is seeking clarity from the …
POSTED JANUARY 21, 2026 6:00 AM |
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