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News Archives - Insurance Journal
Trump Says US Reinstates Blockade of Strait of Hormuz After New Clashes With Iran
President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open after the two sides exchanged more missile and drone attacks. The latest …
POSTED JULY 13, 2026 3:27 PM |
Missouri Flooding Leaves One Dead, Forces Evacuation of Summer Camp
A woman was found dead in Missouri on Saturday after heavy rainfall battered parts of the state the previous day, forcing numerous emergency rescues and evacuations, including at a summer camp with more than 200 children. Several other states also …
POSTED JULY 13, 2026 3:26 PM |
NTSB: Both Engines Flamed Out Before Business Jet Crashed in Texas
Both engines flamed out on a small business jet that crashed on a Texas highway in June, preventing the pilots from being able to reach a nearby airport, the National Transportation Safety Board said in an preliminary investigation report released …
POSTED JULY 13, 2026 3:17 PM |
California Cannot Seek Damages From 23andMe Successor Over 2023 Data Breach
A U.S. bankruptcy judge on July 10 said California cannot seek damages from the company formerly known as 23andMe arising from a 2023 data breach that exposed genetic and other personal information of an estimated 6.9 million customers. U.S. Bankruptcy …
POSTED JULY 13, 2026 3:04 PM |
Dangerous Heat Wave Threatens Oppressive Temperatures in Much of the US
A widespread and dangerous heat wave was building across the U.S. last weekend, with triple-digit highs expected in the Southwest and Great Plains before spreading eastward under a dome of high pressure that meteorologists say could trap oppressive temperatures for …
POSTED JULY 13, 2026 3:00 PM |
Markets/Coverages: Marsh Launches US Lead Umbrella Casualty Facility
Marsh Risk said it has launched launched MLOne, a US lead umbrella casualty facility designed to deliver stronger protection and clearer claims coordination for clients operating in an increasingly litigious environment. Designed to sit above any primary casualty program, MLOne …
POSTED JULY 13, 2026 2:13 PM |
Seafarers Attacked in Strait of Hormuz Sue Shipping Company in Thailand
Three former crew members of a Thai cargo ship struck in the Strait of Hormuz in March filed a lawsuit Friday against the vessel’s operator over labor rights violations and unfair dismissal. The ship, the Mayuree Naree, was hit by …
POSTED JULY 13, 2026 1:57 PM |
Low Water Hampers Rhine River Shipping in Germany, Transport Costs Rise
Low water levels in a current heatwave are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany, increasing costs for freight transport, commodity traders said on Monday. Shallow water means vessel operators are imposing surcharges on …
POSTED JULY 13, 2026 12:26 PM |
Ryanair Passenger Partly Sucked From Jet After Window Breaks
A Ryanair Holdings Plc flight was forced to make an emergency landing in Greece on Friday morning after a window on the Boeing Co. 737 dislodged soon after takeoff, causing panic on board after one passenger was reportedly partially sucked …
POSTED JULY 13, 2026 12:04 PM |
Europe Battles Growing Wildfires After Relentless Heat
Wildfires are breaking out across Europe after three heat waves and weeks of low rainfall left much of the continent dangerously dry, with crews battling blazes south of Paris and in the UK, while Spain reels from one of its …
POSTED JULY 13, 2026 11:37 AM |
West News Archives - Insurance Journal
California Cannot Seek Damages From 23andMe Successor Over 2023 Data Breach
A U.S. bankruptcy judge on July 10 said California cannot seek damages from the company formerly known as 23andMe arising from a 2023 data breach that exposed genetic and other personal information of an estimated 6.9 million customers. U.S. Bankruptcy …
POSTED JULY 13, 2026 3:04 PM |
Driver Sentenced for Insurance Fraud After Crash Caught on Dashcam
A California driver was sentenced for filing a fraudulent insurance claim after dashcam footage showed him involved in a road rage incident that caused the accident. Kenneth Pham Tran, 54, of San Jose, was sentenced after dashcam footage showed him …
POSTED JULY 13, 2026 5:00 AM |
California Insurance Commissioner OKs Upping Workers’ Comp Pure Premium 10.4%
California Insurance Commissioner Ricardo Lara approved workers’ compensation advisory pure premium rates that average 10.4% than last year. The Workers’ Compensation Insurance Rating Bureau of California submitted a pure premium rate filing in May to the commissioner proposing September 1, …
POSTED JULY 13, 2026 5:00 AM |
People Moves: Trucordia Names Roberts EVP, Health Benefits & Financial Services; Arrowhead Programs Adds Kaufman as SVP and Chief Actuary
Trucordia Names Roberts as EVP, Health Benefits & Financial Services Trucordia named Steve Roberts executive vice president, health benefits and fnancial services. Roberts has more than three decades of experience leading growth, modernization and transformation across major healthcare and benefits …
POSTED JULY 13, 2026 5:00 AM |
California Real Estate Agent Sentenced in LA Wildfire Gouging Case
A real estate agent who tried to price gouge a couple who lost their home during the Los Angeles wildfires was sentenced for false advertising. California Attorney General Rob Bonta announced the sentencing of real estate agent Mike Kobeissi for …
POSTED JULY 10, 2026 1:17 PM |
WCIRB: 2025 California Workers’ Losses and Expenses 102% of Earned Premium
Incurred losses and expenses in California workers’ compensation in calendar year 2025 were $15.7 billion, or 102% of earned premium, up from 99% of earned premium in 2024. The Workers’ Compensation Insurance Rating Bureau of California released the 2025 California …
POSTED JULY 10, 2026 5:00 AM |
Trucordia Acquires Assets of Dominion Insurance Services in California
Trucordia acquired the assets of Dominion Insurance Services Inc. in California. Dominion is a boutique brokerage with a specialty focus in lawyers professional liability and other professional liability lines. Related: Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency Trucordia is the group …
POSTED JULY 10, 2026 5:00 AM |
California Bill to Let Insurers Use Driver Telematics Mulled by Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data …
POSTED JULY 09, 2026 2:59 PM |
Apple’s $30B Spend on Broadcom Chips Will Expand Colorado Factory
Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom disclosed on Monday …
POSTED JULY 09, 2026 5:00 AM |
Edison Gets Mixed Rulings on Bid to Spread Blame for LA Wildfire
A judge rejected Southern California Edison’s attempt to shift blame to Los Angeles County for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire …
POSTED JULY 09, 2026 5:00 AM |
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