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News Archives - Insurance Journal
New York Times Countersues EEOC Over DEI Lawsuit
The New York Times in a court filing on Friday accused the U.S. Equal Employment Opportunity Commission of illegally retaliating against the newspaper for its coverage of President Donald Trump’s administration by suing it for passing over a white man …
POSTED JULY 13, 2026 5:10 AM |
Ranking: Who Are the Insurance Industry’s AI Talent, Maturity Leaders?
One out of every 50 employees working at a group of 30 large insurers is an AI specialist, according to an analysis published by a benchmarking firm, which ranks Allianz, AXA and Chubb as AI talent leaders. For London-based Evident, …
POSTED JULY 13, 2026 5:06 AM |
Apple Sues OpenAI for Trade Secret Theft in Pivotal Case
Apple Inc. sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging in a coordinated campaign to steal information about upcoming products. The iPhone maker said in a suit Friday that OpenAI encouraged …
POSTED JULY 13, 2026 5:05 AM |
UK to Directly Regulate Cloud Service Providers to Protect Stability of Financial Sector
Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight. The move is aimed at strengthening the resilience of financial firms by reducing the risk …
POSTED JULY 13, 2026 5:05 AM |
Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers Starts This Week
A few years before the more-recent spate of Florida insurance carrier insolvencies, a workers’ compensation insurer known as Guarantee Insurance Co. was declared insolvent in 2017—a rarity in the usually profitable workers’ comp line of business. Regulators blamed owner Steve …
POSTED JULY 13, 2026 5:01 AM |
California 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 |
NYC Finds Legionnaires’ Bacteria at 31 Upper East Side Sites
New York City officials identified dozens of buildings with Legionnaires’ bacteria in Manhattan’s Upper East Side, closing in on the source of an outbreak that has infected at least 46 people and hospitalized 22. The New York City Health Department …
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 |
NJ Unfunded Mandate Council Did Not Have Authority to Void DWI Surcharge
A local council in New Jersey charged with monitoring unfunded mandates from the state exceeded its authority when it negated a motorist surcharge for driving while intoxicated (DWI) that was intended to cover the cost of new police equipment. The …
POSTED JULY 13, 2026 5:00 AM |
West News Archives - Insurance Journal
California 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 |
Wildfire Risk Rises Across US West as Winds, Dry Lightning Build
Strong winds and dry thunderstorms are raising the risk of fast-moving wildfires across much of the U.S. West, where forecasters warned conditions will favor new ignitions and rapid fire spread through Thursday. An elevated fire-weather outlook, Level 1 on the …
POSTED JULY 08, 2026 1:18 PM |
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