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News Archives - Insurance Journal
Electrical Fire Closes Broadway Theater Showing ‘The Book of Mormon’
A fire broke out Monday in the Broadway theater that hosts “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial …
POSTED MAY 05, 2026 9:46 PM |
People Moves: Society Insurance Names Kohli as VP of Information Technology
Society Insurance announced that Kshitij Kohli has joined the organization as vice president of information technology. In this role, Kohli will lead Society’s technology strategy and execution, with responsibility for core systems, infrastructure, cybersecurity and technology investments aligned with business …
POSTED MAY 05, 2026 4:38 PM |
TWFG Acquires Texas-Based Asset Protection Insurance Associates
TWFG announced that it has acquired Asset Protection Insurance Associates. This acquisition combines APIA’s deep specialization in the MGA space, and its highly client‑centric operating model, with TWFG’s expansive platform, resources, and growth infrastructure. By combining organizations, Castroville, Texas-based APIA …
POSTED MAY 05, 2026 4:19 PM |
Railroad Wrongfully Suspended Worker for Reporting Collision: OSHA
A U.S. Department of Labor whistleblower investigation has found that a railroad company wrongfully suspended an employee for reporting a train collision and safety concerns, in violation of the Federal Railroad Safety Act. The department’s Occupational Safety and Health Administration …
POSTED MAY 05, 2026 4:12 PM |
Wheat Crops Wither, Herds Thin as Spring Drought Deepens
Farmers across the Great Plains are confronting an intense drought that threatens winter wheat harvests and is pushing cattle producers toward costly feed purchases, prompting some to abandon plans to expand their herds. The dryness is expected to persist through …
POSTED MAY 05, 2026 4:00 PM |
Berkshire Selects Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ Reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to …
POSTED MAY 05, 2026 2:38 PM |
Rhode Island Approves 2.5% Workers’ Compensation Decrease
Rhode Island’s regulator has approved a 2.5% average reduction in overall workers’ compensation loss costs. The reduction will take effect on August 1, 2026. More than 200 insurers write workers’ compensation coverage in the state. The rate change was proposed …
POSTED MAY 05, 2026 2:22 PM |
People: Sunstar Names New CEO, King Risk Adds Sales Leadership
Memphis-based Sunstar Insurance Group, an independent brokerage operating in nine states, announced Adam Meyerowitz as the new chief executive officer. He succeeds Casey Bowlin, who founded the firm in 2013 and will now move into the role of chairman. Meyerowitz …
POSTED MAY 05, 2026 1:59 PM |
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …
POSTED MAY 05, 2026 1:32 PM |
After Greg Biffle Plane Crash, Police Think ‘Friends’ Stole From His NC Home
Less than a month after former NASCAR driver Greg Biffle and his family died in a plane crash last year, investigators say two of their “friends” conspired to break into the empty home and took cash, guns and financial information …
POSTED MAY 05, 2026 1:25 PM |
West News Archives - Insurance Journal
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …
POSTED MAY 05, 2026 1:32 PM |
Oregon Regulator Shutting Down Health Sharing Company’s ‘Unlicensed’ Insurance Program
Oregon regulators ordered a health sharing company to stop selling coverage to residents, saying the company’s membership plans were functioning as unlicensed insurance. ClearShare Health was ordered to stop selling coverage by the Oregon Division of Financial Regulation, which began …
POSTED MAY 05, 2026 5:00 AM |
California Taking Action Against State Farm Over LA Wildfire Claims
The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …
POSTED MAY 04, 2026 3:00 PM |
New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
POSTED MAY 04, 2026 2:36 PM |
People Moves: Alliant Adds McCarter to Employee Benefits Team in Denver
Denver, Colorado-based Rachel McCarter joined Alliant Insurance Services as vice president within its employee benefits group. In this role, she will partner develop and implement benefits services designed to drive value and enhance employee engagement. McCarter has worked with clients …
POSTED MAY 04, 2026 5:00 AM |
Maui Fire Lawsuit Payouts Are Near, but Few Will Break Even
Leslie Clark isn’t counting on money from the Maui wildfire settlement to help rebuild her family home near Front Street in Lahaina. Worrying about something out of her control “is not good for your health,” said Clark, 62, who lost …
POSTED MAY 04, 2026 5:00 AM |
LA Fire Suspect Angry About No Date for New Year’s, Prosecutors Say
Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year’s Eve plans just before he set a small blaze which rekindled six days …
POSTED MAY 01, 2026 1:58 PM |
IICF’s Western Division Celebrates $670,000 in Grants; Alphabet’s Nickel Honored
The Insurance Industry Charitable Foundation celebrated more than $670,000 in IICF Community Grants awarded across the region to 78 nonprofit partners at its 11th annual IICF Western Division Horizon Award Gala. The event was held drew insurance leaders from across …
POSTED MAY 01, 2026 5:00 AM |
Workers’ Comp Bureau of California Submits Pure Premium Filing of 10.4%
The Workers’ Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium rates that will be on average 10.4% above the average approved September 1, …
POSTED MAY 01, 2026 5:00 AM |
Musk Gets Apology From California Regulators as SpaceX Suit Is Settled
California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission …
POSTED MAY 01, 2026 5:00 AM |
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