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News Archives - Insurance Journal
Two Oil Supertankers Hit by Projectiles in Hormuz, Marisks Says
Two oil supertankers were struck by unknown projectiles in quick succession while transiting the Persian Gulf’s Strait of Hormuz chokepoint, maritime security consultant Marisks said. The very large crude carrier Sidr, run by Saudi Arabia’s Bahri shipping company, was hit …
POSTED SEPTEMBER 01, 2026 8:32 AM |
Thailand Shifts Disaster Risk to Insurers With $467 Million Plan
Thailand plans to provide government-funded disaster insurance to about 30 million households in high-risk areas, while seeking to shift some of the growing cost of floods and other catastrophes to private insurers. The government on Tuesday approved a 15.5 billion …
POSTED SEPTEMBER 01, 2026 8:06 AM |
Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing
The US Federal Trade Commission and 22 US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers for years. The FTC, which enforces antitrust and consumer laws, and the state attorneys general allege in the suit filed …
POSTED SEPTEMBER 01, 2026 5:37 AM |
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies
Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and reports issued Aug. 27 by cybersecurity companies …
POSTED SEPTEMBER 01, 2026 5:34 AM |
Viewpoint: Subsidized Immigration Enforcement Insurance – What Could Go Wrong?
On August 18 the Immigration and Customs Enforcement (ICE) agency announced a plan to provide subsidized personal liability insurance for state and local police working with ICE in immigration enforcement. The plan would shield rogue agents from legal expenses they …
POSTED SEPTEMBER 01, 2026 5:03 AM |
Sony, Warner Music Sue Anthropic Over Songs Used in AI Training
The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted song compositions to train its Claude AI models. Sony and Warner said in the complaint, filed on Friday, …
POSTED SEPTEMBER 01, 2026 5:01 AM |
Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
A federal judge has agreed with the owner and manager of the Dali cargo ship responsible for the collapse of Baltimore’s Key Bridge that the bulk of the remaining claims against them for economic damage are invalid. On August 25, …
POSTED SEPTEMBER 01, 2026 5:00 AM |
Federal Judge Cautions State Farm Against Gambling With Courts
A federal judge in Alabama has likened State Farm to a gambler and warned that the insurer’s apparent strategy of trying to move claims litigation from state to federal court is a risky bet that might not be worth taking. …
POSTED SEPTEMBER 01, 2026 5:00 AM |
Crest Acquiring Tegeler & Associates in Wyoming
Crest Insurance Group is acquiring Tegeler & Associates in Pinedale, Wyoming. Tegeler & Associates was founded in 1943 and acquired by the Tegeler family in the 1970s. The agency has 14 locations throughout Wyoming and provides insurance services for individuals, …
POSTED SEPTEMBER 01, 2026 5:00 AM |
State Farm Sued by LA County for Delays, Denials to Fire Victims
Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Monday’s lawsuit, following a county investigation, alleges State Farm withheld money …
POSTED SEPTEMBER 01, 2026 5:00 AM |
West News Archives - Insurance Journal
Crest Acquiring Tegeler & Associates in Wyoming
Crest Insurance Group is acquiring Tegeler & Associates in Pinedale, Wyoming. Tegeler & Associates was founded in 1943 and acquired by the Tegeler family in the 1970s. The agency has 14 locations throughout Wyoming and provides insurance services for individuals, …
POSTED SEPTEMBER 01, 2026 5:00 AM |
State Farm Sued by LA County for Delays, Denials to Fire Victims
Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Monday’s lawsuit, following a county investigation, alleges State Farm withheld money …
POSTED SEPTEMBER 01, 2026 5:00 AM |
California Lawmakers File Wildfire Plan, Without Newsom Asks
California legislators introduced a bill Saturday that would update the state’s wildfire response without shifting liability away from publicly traded utilities. The move comes after extended negotiations with Gov. Gavin Newsom’s administration, which had been advocating for measures that would …
POSTED SEPTEMBER 01, 2026 5:00 AM |
Wildfire Risks in California and Oregon Worsened by Strong Winds
Northern California and southern Oregon are under red flag fire warnings, as the threat posed by tinderbox conditions is compounded by strong winds. National Weather Service warnings are in place from noon to 8 p.m. local time, while the U.S. …
POSTED AUGUST 31, 2026 1:44 PM |
Oregon Regulators Extend Wildfire Emergency Orders to Pause Insurance Cancellations
The Oregon Division of Financial Regulation is extending its order for insurers to suspend cancellations and nonrenewals for residents impacted by wildfires. The DFR issued a wildfire emergency order and bulletin in late July that was to expire. However, DFR …
POSTED AUGUST 31, 2026 5:00 AM |
LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses …
POSTED AUGUST 28, 2026 5:00 AM |
Mercury Insurance Founder Joseph Dies at Age 104
George Joseph, who founded Mercury General Corp. nearly 65 years ago, has died at age 104, the company announced this week. Joseph served as chairman from the company’s founding and led Mercury as CEO for 45 years, ending his time …
POSTED AUGUST 27, 2026 5:14 PM |
Hawaii Insurance Division Issues Memo to Insurers for Lala Claims
The Hawaii Insurance Division issued a memo to insurers this week stating it expects them to handle claims from Tropical Storm and Hurricane Lala “promptly, fairly,” and in accordance with state law insurance contracts. The memo on Wednesday from Insurance …
POSTED AUGUST 27, 2026 1:44 PM |
Western Wildland Firefighters Warned About Supplement for Smoke Exposure
Fire and medical officials have issued warnings about a supplement offered to Western wildland firefighters who have been exposed to toxic chemicals while battling some of the country’s biggest blazes. The supplement glutathione, given through an IV or an inhaler-like …
POSTED AUGUST 27, 2026 5:00 AM |
People Moves: Ellis Joins Alliant Denver Employee Benefits Team
Alliant Insurance Services added Rebecca Ellis as assistant vice president within its employee benefits group in the Rocky Mountain region. Ellis will partner with employers throughout the Western region to develop strategic employee benefits and total rewards programs. Ellis’ background …
POSTED AUGUST 27, 2026 5:00 AM |
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