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Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina
Former Nascar driver Greg Biffle and his family are believed to have died when their Cessna Citation corporate jet crashed just minutes after taking off from a regional airport in North Carolina. “Although the post-crash fire prevents us from releasing …
POSTED DECEMBER 19, 2025 4:21 PM |
Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent
The former co-leader of a collapsed Georgia savings and loan, a lending firm that is now the subject of state and federal Ponzi scheme investigations, has been granted an insurance producer’s license in the state. Edwin Brant Frost V, who …
POSTED DECEMBER 19, 2025 4:05 PM |
People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA XL Media Liability
Marsh McLennan, headquartered in New York City, appointed Mike Mathews as global digital infrastructure leader. Based in Boston, Mathews brings over 25 years of specialized industry experience to this newly created position, having worked with companies and investors across key …
POSTED DECEMBER 19, 2025 3:53 PM |
High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million
High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …
POSTED DECEMBER 19, 2025 3:05 PM |
11 Firefighters and 2 Others Injured After NC House Explosion and Fire
Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treated for contusions, …
POSTED DECEMBER 19, 2025 2:21 PM |
A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP
Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last month that a CyrusOne facility …
POSTED DECEMBER 19, 2025 2:15 PM |
More US Beef Plants May Close as Cattle Herds Keep Tightening
American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …
POSTED DECEMBER 19, 2025 1:59 PM |
Ben & Jerry’s Board Says More Directors Face Removal
Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & Jerry’s, newly …
POSTED DECEMBER 19, 2025 1:57 PM |
County Officials in Texas Race to Build $5M Warning System Before Next Flood Season
With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
POSTED DECEMBER 19, 2025 1:44 PM |
AI Threatens to Displace Workers, Bank of England’s Bailey Warns
Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …
POSTED DECEMBER 19, 2025 1:20 PM |
West News Archives - Insurance Journal
High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million
High winds toppled trees and power lines across parts of Washington state and Idaho this week, killing one adult and critically injuring two children, knocking out power to thousands and compounding the damage already wrought by heavy rains and flooding. …
POSTED DECEMBER 19, 2025 3:05 PM |
California Commissioner Orders Moratorium on Cancellations Over Pack Fire
Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration. Lara ordered insurers to preserve residential property insurance coverage for more than 14,800 policyholders affected by …
POSTED DECEMBER 19, 2025 6:00 AM |
California Cuts PG&E’s and Edison’s Profits for Grid Investments
California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes The move Thursday by the …
POSTED DECEMBER 19, 2025 6:00 AM |
Lawyers Clash Over Angels’ Alleged Role in Skaggs’ Overdose Death
A lawyer for the family of late pitcher Tyler Skaggs argued that the Los Angeles Angels’ failure to investigate reports of drug use and dealing by the team’s communications director led to the overdose death of the 27-year-old player. An …
POSTED DECEMBER 18, 2025 6:00 AM |
Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance
The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not …
POSTED DECEMBER 17, 2025 7:00 PM |
Pacific Northwest Gets Brief Break Before Storms Return Thursday
Rain will ease Wednesday across the Pacific Northwest after floods and winds left at least 600,000 without power, forced hundreds of people in Washington to flee their homes and killed at least one person. The respite is expected to be …
POSTED DECEMBER 17, 2025 2:44 PM |
California Regulator Puts Tesla Sales Suspension Order on Hold
A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more time to address its accusation of misleading marketing and overstating self-driving capabilities. The Department of Motor Vehicles …
POSTED DECEMBER 17, 2025 1:48 PM |
Washington Commish Tells Insurers to Give Relief on Payments, Cancellations
Washington Insurance Commissioner Patty Kuderer issued an emergency order that includes asking insurers in the state to provide grace periods for premium payments and a cancelation moratorium. The order was drafted to provide relief to Washington policyholders after the recent …
POSTED DECEMBER 17, 2025 6:00 AM |
Denver, Rockies Face Power Shutoffs as Winds Boost Fire Risk
Xcel Energy is preparing customers in the Rocky Mountain region for preemptive blackouts to help reduce the risk of wildfires as strong, dry winds threaten to knock down power lines. The utility said it would likely shut off power starting …
POSTED DECEMBER 16, 2025 6:52 PM |
World Insurance Associates Acquires SilverLeaf Insurance in Arizona
World Insurance Associates LLC acquired the business of SilverLeaf Insurance Group in Scottsdale, Arizona. SilverLeaf was established in 2009. It offers business, health, life and personal insurance lines to clients in multiple states across the nation. World Insurance Associates is …
POSTED DECEMBER 16, 2025 6:28 PM |
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