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Warburg Pincus Is Said to Explore Options for Asian Insurer Oona
Warburg Pincus is considering options for Oona Insurance that might lead to a sale, according to people familiar with the matter, after receiving interest from other insurers and investment firms. The US private equity firm is working with Citigroup Inc. …
POSTED MARCH 12, 2026 9:31 AM |
Oil Tankers Attacked Off Iraq as Middle East Crisis Worsens
Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian Gulf that are raising risks to global energy supply from the deepening Middle East war. The strikes on the vessels …
POSTED MARCH 12, 2026 8:21 AM |
People Moves: Church Mutual Names Pam Rushing as COO, Neil Ziegler to CUO – Admitted
Church Mutual Insurance Company announced two leadership promotions that reinforce the company’s focus on innovation and disciplined growth. Pam Rushing has been promoted to chief operating officer (COO), and Neil Ziegler has been promoted to chief underwriting officer – admitted. …
POSTED MARCH 12, 2026 7:00 AM |
Jury Awards $667K to Muslim Men Pepper-Sprayed by Missouri Prison Guards
A federal jury on Monday awarded $667,000 in damages to a group of Muslim men incarcerated in Missouri who were pepper-sprayed by state correctional officers while praying. The lawsuit in eastern Missouri’s U.S. District Court alleged that the men had …
POSTED MARCH 12, 2026 7:00 AM |
ExxonMobil Set to Move to Texas In Search of Business Friendly Environment
ExxonMobil is poised to move its legal headquarters from New Jersey to Texas in search of a more friendly business environment, the company announced Tuesday morning. The board of directors for the largest U.S.-based oil producing company, which already runs …
POSTED MARCH 12, 2026 6:00 AM |
Costco Customers Sue for Share of Refunds From Trump Tariffs
Costco Wholesale was sued on Wednesday in a proposed nationwide class action seeking U.S. customer refunds for higher prices charged by the company before the U.S. Supreme Court struck down import tariffs imposed by President Donald Trump. The lawsuit, filed …
POSTED MARCH 12, 2026 5:17 AM |
People Moves: Iyer to Lead Chubb’s Global Operations, Technology
Chubb Limited appointed Seshadri (Sesh) Iyer executive vice president, Chubb Group, operations, technology and digital transformation, effective April 6. He succeeds Julie Dillman, who is retiring on April 2 after nearly a decade at Chubb. Iyer joins Chubb from Boston …
POSTED MARCH 12, 2026 5:15 AM |
Extreme Heat Is Making Life Increasingly Unlivable
The number of days where extreme heat makes it too dangerously hot to walk the dog, sweep the porch and engage in other ordinary pursuits has doubled around the world over the past 75 years, according to new research. Scientists …
POSTED MARCH 12, 2026 5:10 AM |
Florida Bill Passes, Easing Agency Customer Reps’ Education Requirements
Florida lawmakers, with no dissenting votes, have approved a measure that would let insurance agencies’ customer service representatives bypass licensing classes if they have taken insurance courses in high school. House Bill 1343, co-sponsored by Rep. Brian Hodgers, one of …
POSTED MARCH 12, 2026 5:01 AM |
Once A Beacon of Cheap Homes, Nevada Is A Symbol of The Struggle With High Costs
When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …
POSTED MARCH 12, 2026 5:00 AM |
West News Archives - Insurance Journal
Once A Beacon of Cheap Homes, Nevada Is A Symbol of The Struggle With High Costs
When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance. Torres Suazo expects to …
POSTED MARCH 12, 2026 5:00 AM |
Vouch in California Adds Financial, Health & Life Sciences and Professional Services
Vouch is expanding its brokerage services into financial services, health & life sciences and professional services. The San Francisco, California-based company is extending its capabilities to verticals with similar risk patterns it already serves: investor scrutiny, regulatory requirements and coverage …
POSTED MARCH 12, 2026 5:00 AM |
Millionaire Tax Advances in Washington State as Legal Duel Looms
Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight over a nearly century-old legal ruling. The state’s Democratic-controlled House of Representatives …
POSTED MARCH 12, 2026 5:00 AM |
Record March Heat to Scorch Los Angeles, US Southwest
An unusually early heat wave is set to grip Los Angeles and much of the Southwest, putting California’s already fragile snowpack, and therefore its water supplies, at risk. Temperatures in downtown Los Angeles on Friday are forecast to reach 98F …
POSTED MARCH 11, 2026 3:38 PM |
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub
If all goes according to plan for the nation’s second-largest sovereign wealth fund, a barren stretch of desert in Albuquerque’s plains will soon become a research center where scientists replicate nuclear fusion — the process that powers the sun and …
POSTED MARCH 11, 2026 2:31 PM |
California DMV Renewed His License After Crash Killed a Child – Then Hid His Records
Placer County prosecutors wanted any information the California Department of Motor Vehicles had on Kostas Linardos, who drove a three-ton pickup truck at high speed into the back of a sedan in late 2022, killing a toddler. The district attorney’s …
POSTED MARCH 11, 2026 5:00 AM |
A-MAX Insurance Acquires Best Buy Insurance in Arizona
A-MAX Insurance acquired Best Buy Insurance, an Arizona-based agency. The deal marks A-MAX’s first physical expansion into the Arizona market. Best Buy Insurance was established in 1996. A-MAX operates more than 200 locations nationwide, providing access to non-standard and standard …
POSTED MARCH 11, 2026 5:00 AM |
Amazon’s Zoox to Launch Command Hub in Arizona, Expand Testing
Amazon’s robotaxi unit Zoox is expanding testing to Dallas and Phoenix and launching a command hub for fleet operations in Arizona, as it looks to widen its footprint in the U.S.’s increasingly competitive autonomous taxi market. The move will expand …
POSTED MARCH 10, 2026 5:00 AM |
Arthur J. Gallagher Acquires S Philips Surety & Insurance Services in California
Risk Placement Services Inc. acquired Agoura Hills, California-based S Philips Surety & Insurance Services Inc. The S Philips team will remain in its current location under the direction of Jeremy Crawford, head of RPS’s surety bond operations. S Philips provides …
POSTED MARCH 10, 2026 5:00 AM |
Edison Utility Defeats Shareholder Lawsuit Over LA Wildfires
The parent company of Southern California Edison won the dismissal of a lawsuit alleging it defrauded shareholders prior to the January 2025 Los Angeles-area wildfires by assuring it had significantly reduced the risk of losses from such catastrophes. Shareholders accused …
POSTED MARCH 09, 2026 3:58 PM |
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