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News Archives - Insurance Journal
SEC to Keep Hands Off Shareholder Proposals, Worrying Activists
The top U.S. financial regulator on Friday made permanent its decision to cease judging whether companies may exclude shareholder resolutions from votes at annual meetings, leaving investor activists concerned about diminishing influence. In practice, the change announced by the U.S. …
POSTED AUGUST 17, 2026 12:31 PM |
Belgian Firefighters Battle Record Blaze Near German Border
Emergency services were attempting to control a large wildfire in the east of Belgium on Sunday, after the blaze destroyed about 2,700 hectares (6,700 acres) of a nature reserve and forced about 600 residents to evacuate in an area near …
POSTED AUGUST 17, 2026 11:52 AM |
Liechtenstein Rules Out Paying Hackers’ Ransom After Data Breach
Two weeks after an unprecedented hacking attack shook the tiny Alpine principality of Liechtenstein and its outsize financial center, officials say they still don’t know who the perpetrators were or what they want. Yet one thing is clear according to …
POSTED AUGUST 17, 2026 9:52 AM |
UK Steps Up Scrutiny of Defense Supply Chain After China Scare
The UK Ministry of Defense is stepping-up scrutiny of its supply chain after discovering some of its naval drones transmitted signals to China. The department revealed earlier this week that a routine cyber vulnerability assessment identified an issue affecting K3 …
POSTED AUGUST 17, 2026 9:30 AM |
FTC Probes Health Records Giant Epic Systems, Sources Say
Epic Systems, a healthcare database company that holds the medical records of hundreds of millions of Americans, is facing an antitrust investigation by the U.S. Federal Trade Commission, two sources familiar with the matter told Reuters. Epic runs the patient …
POSTED AUGUST 17, 2026 5:12 AM |
US Ready to ‘Take Any Actions Necessary’ to Fight EU ESG Rules
The US is doubling down on its efforts to quash European environmental and human rights rules it says unfairly impact American companies. The Trump administration “will take any actions necessary to address unreasonable burdens on US commerce” if the European …
POSTED AUGUST 17, 2026 5:07 AM |
A Challenged Man Took the Fall for a Crash but Amended Complaint Came Too Late
For an establishment to be sued on liquor liability grounds in Florida, plaintiffs must show that the bartender knew the over-served, drunken driver was an addict. The plaintiffs also cannot expect to prevail if an amended complaint—naming a different driver—is …
POSTED AUGUST 17, 2026 5:02 AM |
Six Persons Indicted for Allegded Roles in Multi-State Retail Theft Ring
Multiple individuals face federal and state indictments in connection with a multi-state organized retail-theft ring that impacted Prince George’s County and other areas in Maryland, Delaware, and Pennsylvania. The U.S. Attorney’s Office for the District of Maryland and the Prince …
POSTED AUGUST 17, 2026 5:00 AM |
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case
A federal jury in Maine has handed New Hampshire-based gun manufacturer Sig Sauer a victory over claims its P320 handgun is defective. The case involved a complaint by David Alan Cole, a detective with the Somerset County Sheriffs Department, who …
POSTED AUGUST 17, 2026 5:00 AM |
AI-Powered Distribution Platform Launched by bolt in California
Insurtech bolt launched an AI-powered insurance distribution platform the company says enables access across all lines for distribution partners. Connected Distribution is a new operating model that combines customer data, workflows and integrated market access into a single AI-powered connected …
POSTED AUGUST 17, 2026 5:00 AM |
West News Archives - Insurance Journal
AI-Powered Distribution Platform Launched by bolt in California
Insurtech bolt launched an AI-powered insurance distribution platform the company says enables access across all lines for distribution partners. Connected Distribution is a new operating model that combines customer data, workflows and integrated market access into a single AI-powered connected …
POSTED AUGUST 17, 2026 5:00 AM |
AM Best Upgrades Ratings of California Casualty Group Members
AM Best upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bb+” (Fair) of The California Casualty Indemnity Exchange in Palo Alto, California. The upgrade includes its wholly …
POSTED AUGUST 17, 2026 5:00 AM |
Hawaii Faces Rare Hurricane Strike as Storms Batter Indiana
Hawaii is in line for a rare hurricane strike as Tropical Storm Lala grazes the Big Island, while severe storms threaten more flooding and outages across Indiana. Tropical Storm Lala may grow into a hurricane as it grazes the Big …
POSTED AUGUST 14, 2026 3:08 PM |
People Moves: IMA Appoints Schwartz New Leader for Washington Market
IMA Financial Group Inc. named Karen Schwartz as Washington market president. She leads IMA’s Washington market strategy, focusing on strengthening collaboration across business lines, partnering with property/casualty and employee benefits teams and producers. Schwartz has nearly 15 years of insurance …
POSTED AUGUST 14, 2026 5:00 AM |
California Advances Bill to Expand Antitrust Enforcement Law
A major expansion of California’s antitrust laws advanced in the state legislature Thursday despite opposition from business leaders and some government officials. The state Senate Appropriations Committee moved the bill, AB 1776, to the full chamber, where it must pass …
POSTED AUGUST 14, 2026 5:00 AM |
Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …
POSTED AUGUST 13, 2026 1:25 PM |
Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
POSTED AUGUST 13, 2026 5:00 AM |
Inszone Insurance Acquires Two Fong’s in California
Inszone Insurance Services acquired Two Fong’s Inc in California. Founded in 1982 and acquired by its current leadership, Al and Pete Fong, in 2000, Two Fong’s has maintained a presence across the Bay Area, specializing in commercial property and lessor’s …
POSTED AUGUST 12, 2026 5:00 AM |
Edison Judge Balks at Holding Utility Liable for LA Wildfire
Insurance companies lost a bid to hold Edison International’s Southern California utility liable for a massive Los Angeles-area wildfire without a trial. Superior Court Judge Laura Seigle on Tuesday tentatively denied a request to put Southern California Edison on the …
POSTED AUGUST 12, 2026 5:00 AM |
Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
Montana State Auditor James Brown suspended the insurance producer license of a bail bondsman accused of exploiting people under his supervision, including trading services for sex and allegedly taking possession of vehicle titles without proper documentation, authorization or timely return …
POSTED AUGUST 11, 2026 5:00 AM |
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