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News Archives - Insurance Journal
Humans Still Matter to Insurance Consumers, Says Big ‘I’ Survey
There is some good news, according to the Independent Insurance Agents & Brokers of America, as the use of artificial intelligence proliferates across the industry. People still prefer people. A survey commissioned by the Big “I” found 87% of consumers …
POSTED SEPTEMBER 16, 2026 3:10 PM |
TV News Helicopter Crash in Los Angeles Kills Three People
Three people were killed and one injured when a TV news helicopter crashed between two commercial buildings in the Chatsworth neighborhood of Los Angeles, the city’s fire department said. The helicopter was providing coverage for KNBC and Telemundo 52, the …
POSTED SEPTEMBER 16, 2026 1:59 PM |
FBI Confirms Data Was Breached in Cyber Attack on Springfield Schools
The Federal Bureau of Investigation (FBI) has informed Springfield (Massachusetts) Public Schools that the district’s data has been breached as a result of the recent cyberattack that closed schools last week. The breach appears to include staff and student information. …
POSTED SEPTEMBER 16, 2026 1:37 PM |
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud
The owner and operator of an unlicensed prize insurance company who for years avoided paying claims, ignored cease and desist orders, and has been convicted of illegal sales and theft has pleaded guilty to fraud. Kevin Kolenda of Norwalk, Connecticut …
POSTED SEPTEMBER 16, 2026 12:43 PM |
People Moves: Waddingham Joins MEMIC in NJ; RT Specialty Promotes O’Marra in NY
Waddingham Joins MEMIC Group as New Jersey Production Underwriter The MEMIC Group, headquartered in Portland, Maine, added Brandon Waddingham to its Northeast underwriting team as a production underwriter. Waddingham joins MEMIC with nine years of insurance experience. In his role, …
POSTED SEPTEMBER 16, 2026 11:10 AM |
Amazon’s AWS Facilities in Bahrain, UAE Still Not Restored From Iran War Damage
Amazon Web Services cannot restore access to its cloud-computing facility in Bahrain and one of three data–hosting zones in the United Arab Emirates following damage during the Iran war, according to a status update seen by Reuters on Tuesday. Amazon’s …
POSTED SEPTEMBER 16, 2026 10:26 AM |
Ukraine Considers Ship Insurance to Revive Food Exports, Farm Groups Say
Ukraine is examining whether additional insurance cover for ships carrying food exports could help revive seaborne trade disrupted by Russian attacks on vessels and port infrastructure, a farm lobby group and a major farmers’ union said on Wednesday. Since the …
POSTED SEPTEMBER 16, 2026 9:38 AM |
EU Plans Climate Insurance Pact After Hot ‘Summer of Truth’
The European Union will set up a “climate insurance alliance” to better cover losses as global warming increases the frequency and intensity of droughts, floods and wildfires. European Commission President Ursula von der Leyen announced the initiative as part of …
POSTED SEPTEMBER 16, 2026 8:33 AM |
AXA CEO Urges Next French President to Tackle Debt With Reforms
AXA SA Chief Executive Officer Thomas Buberl called on France’s next president to address the country’s debt mountain with structural reforms and rejected a far-left plan to cancel bonds as “dangerous.” The euro area’s second-biggest economy is under intense scrutiny, …
POSTED SEPTEMBER 16, 2026 8:06 AM |
People Moves: Jones Appointed Marsh Risk US Healthcare Industry Practice Leader; Verisk Names Alling Head of Casualty Solutions
Marsh appointed Linda Jones as U.S. healthcare industry practice leader, Marsh Risk, effective today. Based in Washington, D.C., Jones reports to Darren Cromwell, industry practice group leader, Marsh Risk, U.S. and Canada. In this role, Jones will drive healthcare strategy …
POSTED SEPTEMBER 16, 2026 6:37 AM |
West News Archives - Insurance Journal
TV News Helicopter Crash in Los Angeles Kills Three People
Three people were killed and one injured when a TV news helicopter crashed between two commercial buildings in the Chatsworth neighborhood of Los Angeles, the city’s fire department said. The helicopter was providing coverage for KNBC and Telemundo 52, the …
POSTED SEPTEMBER 16, 2026 1:59 PM |
Keystone Enters California With Acquisition of Infinity
Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
POSTED SEPTEMBER 16, 2026 5:00 AM |
Labor Commissioner Says California Crop Lien Law Helped Recover Farmworker Wages
An expanded crop lien law that strengthens existing farmworker protections and gives the California’s Labor Commissioner’s Office the ability to recover unpaid wages quickly was recently put in action. The LCO, which launched an investigation into wage-and-hour violations in May, …
POSTED SEPTEMBER 16, 2026 5:00 AM |
California Governor Signs Act to Create Smoke Damage Presumption
California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …
POSTED SEPTEMBER 15, 2026 4:56 PM |
Drug Maker Paying $32M to Resolve Kickbacks Law Violations in California
A drug maker is paying $32 million to settle allegations it violated kickback laws by paying Medicare beneficiary co-pays to encourage the buying of its drug, Oxervate. Dompé U.S. Inc., based in California, has agreed to settle the allegations that …
POSTED SEPTEMBER 15, 2026 5:00 AM |
People Moves: Richardson Named California DWC Administrative Director
The California Department of Industrial Relations swore in Nicole Richardson as administrative director of the Division of Workers’ Compensation on Sept. 1, following her appointment by Gov. Gavin Newsom. Richardson previously served as DWC’s acting administrative director and chief counsel. …
POSTED SEPTEMBER 15, 2026 5:00 AM |
Bamboo Insurance Targets $3.24 Billion Valuation in IPO
CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.24 billion on a fully diluted basis in its U.S. initial public offering, the company revealed in a filing on Monday. The Midvale, Utah-based company’s selling shareholders are seeking …
POSTED SEPTEMBER 14, 2026 2:07 PM |
Viewpoint: What Liability Trends in California Mean for the Rest of the Country
For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Arizona Accuses L’Oreal of Concealing Cancer Risks Linked to Hair Relaxers
Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Northern California Braces for Power Shutoffs Amid Fire Risk
Nearly a dozen counties in Northern California face an elevated risk of power shutoffs this weekend as extreme heat and high winds boost wildfire conditions across the region. PG&E Corp., which serves more than 5.5 million electric customers in northern …
POSTED SEPTEMBER 11, 2026 1:21 PM |
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