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News Archives - Insurance Journal
1 Killed, 6 Injured in Shooting at Chick-Fil-A in New Jersey
A shooting at a Chick-Fil-A restaurant in Union Township, New Jersey last evening took one life and injured six others. According to the Union County Prosecutor’s Office (UCPO), the shooting happened at approximately 9 pm on the Chick-Fil-A on Route …
POSTED APRIL 13, 2026 12:20 PM |
Miami’s Mandarin Demolished to Make Way for Luxury Towers
In a young city like Miami, a quarter century can seem like a long time. For the Mandarin Oriental hotel, it was long enough to generate nostalgic laments and a farewell bash. The waterfront hotel, which opened in 2000, was …
POSTED APRIL 13, 2026 12:15 PM |
Iran Threatens to Retaliate Against Gulf Ports for US Blockade
The U.S. military said it will begin a blockade of ships leaving Iran’s ports on Monday, and Tehran threatened to retaliate against ports of its Gulf neighbors, after weekend talks failed to reach a deal to end the war, leaving …
POSTED APRIL 13, 2026 11:49 AM |
Bank of England Set to Discuss Anthropic’s Mythos With Banks
The Bank of England plans to discuss the impact of Anthropic PBC’s new AI model with financial institutions, as UK regulators join their peers in the US and elsewhere in raising alarms over the risks posed by the tool. Anthropic’s …
POSTED APRIL 13, 2026 9:57 AM |
Update: Oil Tankers Steer Clear of Hormuz Ahead of US Blockade
Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said it would start blockading Iranian ports later in the day, unsettling shipping markets at a vital energy chokepoint, shipping …
POSTED APRIL 13, 2026 9:14 AM |
Trump Blockade of Iran Ports Risks Widening War to High Seas
US President Donald Trump’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risks widening a war now entering its seventh week, lifting oil prices and raising the prospect of further economic pain around …
POSTED APRIL 13, 2026 8:49 AM |
Trump Approves Disaster Requests for at Least 7 States; Others Wait
The Trump administration approved major disaster declaration requests for at least seven states this week, according to information released Saturday by the Federal Emergency Management Agency, allowing affected communities to access federal support. About 15 requests for assistance from others …
POSTED APRIL 13, 2026 5:11 AM |
OpenAI Identifies Security Issue Involving Third-Party Tool Axios
OpenAI said on April 10 it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps. The ChatGPT maker said it …
POSTED APRIL 13, 2026 5:11 AM |
Worsening Ocean Heat Waves Are ‘Supercharging’ Hurricane Damage, Study Finds
Marine heat waves are supercharging damage caused by hurricanes and tropical cyclones across the globe, a new study found. Researchers looked at 1,600 tropical cyclones — the broader category of storms that includes hurricanes — that made landfall since 1981 …
POSTED APRIL 13, 2026 5:02 AM |
Causey Says Recommended Lindberg Restitution ‘Not Enough’ for Harm Caused
The more than $1 billion that a special master has recommended that jailed insurance mogul Greg Lindberg pay in restitution may seem like a huge amount of money. But it falls well short of covering the wreckage left behind by …
POSTED APRIL 13, 2026 5:02 AM |
West News Archives - Insurance Journal
California Utility Bills Are 20% Higher Due to Wildfires
The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as …
POSTED APRIL 13, 2026 5:00 AM |
Five Charged With Murder in Deadly California Fireworks Warehouse Blast
Five people have been charged with murder in a deadly Northern California explosion at an illegal fireworks warehouse that killed seven people and shook a tiny farming community, authorities said Friday. The charges stem from a grand jury indictment related …
POSTED APRIL 13, 2026 5:00 AM |
Elon Musk’s xAI Sues Colorado Over State’s New AI Law
xAI filed a lawsuit on Thursday seeking to block Colorado from enforcing a new law regulating artificial intelligence systems, escalating a fight over whether oversight should be handled by states or by Washington. The lawsuit, filed in U.S. District Court …
POSTED APRIL 10, 2026 3:27 PM |
Toilet Paper Warehouse Fire Investigators Review Viral Video
A local prosecutor is investigating a video posted on social media that appears to show a person setting fire to the California warehouse full of Kimberly-Clark Corp. toilet paper that was destroyed earlier this week. “We are aware of the …
POSTED APRIL 10, 2026 5:00 AM |
People: The Doctors Company Names Hayes Interim SVP of Claims
The Doctors Company named Brittnie Hayes interim senior vice president of claims. Hayes succeeds Michael Meyer, who is retiring after 42 years in the medical professional liability insurance industry. Hayes will lead the national claims team and oversee the planned …
POSTED APRIL 10, 2026 5:00 AM |
People Moves: Booher Named President & CEO of CopperPoint Insurance
CopperPoint Mutual Insurance Holding Company named Kellen Booher president and CEO. Booher succeeds CEO and Board Chair Marc Schmittlein, who announced his retirement last year. Schmittlein joined CopperPoint in 2016 and was appointed executive chair of the CopperPoint board of …
POSTED APRIL 09, 2026 5:00 AM |
Berkshire-Owned PacifiCorp Wins Ruling That Could Reduce Oregon Wildfire Damages
An appeals court on Wednesday ruled in favor of Berkshire Hathaway’s PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the utility proceed as a class action. The decision by …
POSTED APRIL 09, 2026 5:00 AM |
California Workers’ Comp Bureau Upping Fee for Special Inspections
The Workers’ Compensation Insurance Rating Bureau of California will increase the fee for special inspections from $200 to $500 per location inspected. Special Inspections, conducted at the request of an insurer, broker or agent of record to confirm classifications, are …
POSTED APRIL 09, 2026 5:00 AM |
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
An employee of a company that operates a distribution center for Kimberly-Clark Corp. has been arrested on arson charges after a massive fire broke out Tuesday at the facility in California that serves around 50 million people. The 1.2 million-square-foot …
POSTED APRIL 08, 2026 5:00 AM |
Marsh McLennan Agency Acquires Seitz Insurance in Montana
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is a Sidney, …
POSTED APRIL 08, 2026 5:00 AM |
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