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News Archives - Insurance Journal
Register: Risky Future AI Tools for Retail Agents ‘Demo Day’ on June 10
Insurance Journal’s Risky Future series is hosting the “AI Tools for Retail Agents” Demo Day, a series of free AI tool demonstrations designed exclusively for retail insurance agencies, agency principals, sales leaders, operational teams and more. This event spotlights AI …
POSTED JUNE 09, 2026 12:49 PM |
ANV Group Adds Another Workers’ Compensation Agency to Its Roster
A London-based global intermediary launched last December by AmTrust Financial and Blackstone Credit & Insurance has acquired its second workers’ compensation specialist in the U.S. ANV Group Holdings Ltd. announced it has completed the acquisition of Associated Specialty Insurance Agency …
POSTED JUNE 09, 2026 12:38 PM |
Banks Face Extra £6B Cost if Motor Finance Compensation Plan Is Thrown Out: UK’s FCA
Lenders that mis-sold car finance would risk spending £6 billion ($8 billion) more if they reject the official compensation program and try to deal instead with individual complaints, the UK’s Financial Conduct Authority warned. Without the compensation scheme that was …
POSTED JUNE 09, 2026 11:05 AM |
MMA Alleges Broker Patriot Poached 11 Surety Team Members
Marsh & McLennan Agency has filed suit against brokerage Patriot Growth Insurance Services and eight former members of a surety team over an alleged poaching scheme. Filed early June in U.S. District Court for the Southern District of New York …
POSTED JUNE 09, 2026 6:00 AM |
Supreme Court Bolsters SEC’s Power to Recoup Illegal Gains
The US Supreme Court reinforced the Securities and Exchange Commission’s power to recover illegal profits in a case that centered on one of the agency’s most potent enforcement tools. The justices ruled unanimously Thursday that SEC doesn’t have to show …
POSTED JUNE 09, 2026 5:13 AM |
New UK Referendum Would Flip Brexit Result of a Decade Ago, Poll Finds
A UK poll shows that a new Brexit referendum would reverse the vote that led to Britain’s departure from the European Union a decade ago. Fifty-two percent of Britons think the UK should rejoin the EU, according to an Ipsos …
POSTED JUNE 09, 2026 5:05 AM |
Climate Change, Pollution Push Oceans to Tipping Point, UN Report Says
A new United Nations assessment of ocean health documents a “deepening crisis” as climate change, pollution, overfishing, and biodiversity loss threaten marine ecosystems crucial to human survival. The result is rising sea levels, acidifying seas, dying coral reefs and declining …
POSTED JUNE 09, 2026 5:05 AM |
People Moves: Florida Lawyers Mutual Names Coady CEO
Carol Coady has been called out of retirement to be interim president and CEO of Florida Lawyers Mutual Insurance Co., starting next week. Coady served as the professional liability insurer’s operations manager for more than 20 years, before she retired …
POSTED JUNE 09, 2026 5:03 AM |
Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer
A federal judge won’t disturb a $256 million jury verdict in a long-running libel and RICO lawsuit against a plaintiffs’ lawyer who had charged an Alabama coal company with human rights abuses in Colombia. “Defendants’ claim that the jury was …
POSTED JUNE 09, 2026 5:02 AM |
8 Charged With Faking Shippers’ IDs to Steal Meats, Cheeses, Copper and Cigarettes
Eight people have been charged with conspiring to impersonate shipping carriers in a multimillion dollar theft scheme that operated throughout the Northeast between October 2025 and April 2026. The eight defendants allegedly stole nearly $5 million in goods from logistics …
POSTED JUNE 09, 2026 5:00 AM |
West News Archives - Insurance Journal
Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business
Alliant Insurance Services launched a new line of business to address what the firm sees as a growing convergence of retirement consulting and wealth management. Retirement & Wealth at Alliant is designed to link institutional retirement plan relationships with individual …
POSTED JUNE 09, 2026 5:00 AM |
Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car
A Los Angeles jury has awarded $176 million to the parents of two young brothers killed in a hit-and-run collision when a California socialite’s car struck them in a crosswalk nearly six years ago. The jury found both Rebecca Grossman …
POSTED JUNE 08, 2026 1:46 PM |
California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations
A California mortgage servicer is paying $4.6 million to settle allegations it violated mortgage servicing and debt collection laws during the pandemic. The settlement between Select Portfolio Servicing, a large sub-prime mortgage servicer, and California Attorney General Rob Bonta, includes …
POSTED JUNE 08, 2026 5:00 AM |
Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs
Colorado Gov. Jared Governor Polis signed a bill into law that proponents say will lower the price of homeowners insurance in Colorado, Polis signed SB26-155, called Increase Access Homeowner’s Insurance Enterprise, designed to make it more affordable for residents to …
POSTED JUNE 05, 2026 1:32 PM |
People Moves: Delos Names Schween CTO; Legner Joins Trucordia as Agriculture Platform Senior VP; XPT Specialty Names McEachern VP, Commercial Underwriter/Broker
Delos Appoints Schween CTO Delos Insurance Solutions has appointed Brian Schween to the role of chief technology officer. Schween has extensive technology experience in the insurance industry, having had several C-level roles in a variety of organizations. Currently operating in …
POSTED JUNE 05, 2026 5:00 AM |
Tesla Settles Some Worker Racism Claims as Bigger Trial Looms
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
POSTED JUNE 04, 2026 12:59 PM |
Environmental Brokers Busier Following Washington Chemical Plant Blast
In the weeks following the implosion of a massive tank at a Washington paper mill that killed 11 workers and spilled hundreds of thousands of gallons of chemicals, believed to be the deadliest industrial accident in state history, managers of …
POSTED JUNE 04, 2026 5:00 AM |
People Moves: Alliant Adds Ehrlich and Bender as EVPs in M&A Vertical
Alliant Insurance Services hired Joseph Ehrlich and Jackson Bender as executive vice presidents within its mergers and acquisitions (M&A) vertical. Based in New York, Ehrlich has experience advising private equity firms, family offices and strategic investors on complex transactional risk …
POSTED JUNE 04, 2026 5:00 AM |
Kim and Allen Lead Voting in California Insurance Commissioner Primary
Democrats Jane Kim and Ben Allen led voting in Tuesday’s race for California insurance commissioner, making them the current favorites to advance to the Nov. 3 primary. However, insurance agent Stacy A. Korsgaden, R, was running a close third. The …
POSTED JUNE 03, 2026 1:35 PM |
Markets/Coverages: Resilience Launches Cyber Risk Program for Private Equity
Resilience launched a private equity cyber risk program that the San Francisco-based company said will help private equity firms manage cyber exposure across their portfolios. The program connects Arc, Resilience’s cyber risk management platform for complex organizations, with bespoke insurance …
POSTED JUNE 03, 2026 1:01 PM |
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