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News Archives - Insurance Journal
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and hail, are no longer easily dwarfed by hurricanes or earthquakes. These perils have contributed significantly to the insured losses in …
POSTED AUGUST 12, 2026 9:38 AM |
HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say
HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul and recent asset sales in Asia. Moncreiffe’s departure, which was first reported …
POSTED AUGUST 12, 2026 8:36 AM |
AI’s Volatile Power Demand Is Damaging Its Own Data Centers
Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction or wear out far sooner than expected. As the AI boom accelerates, these technical problems suggest added costs and unforeseen …
POSTED AUGUST 12, 2026 8:29 AM |
FDA Urges Sanitation, Supplier Checks to Curb Fresh-Cut Produce Contamination
The U.S. Food and Drug Administration on Tuesday finalized guidance for preparation and packaging of fresh-cut produce, recommending measures such as sanitation control, supplier verification and refrigeration to reduce the risk of foodborne illnesses. The guidance for ready-to-eat produce comes …
POSTED AUGUST 12, 2026 5:15 AM |
Americans Just Endured the Hottest Month in 132 Years
The US just sweltered through the warmest month ever recorded. The average temperature for the US mainland reached 76.9F (24.9C) in July, the National Oceanic and Atmospheric Administration said on Monday. The US government has been tracking temperatures for 132 …
POSTED AUGUST 12, 2026 5:11 AM |
Rhine River Shipping Stalls as Water Level Hits Record Low
Water levels on the Rhine river are dwindling further, with no relief in sight, forcing companies that rely on the waterway to adjust rapidly to keep goods flowing.Levels at Kaub, Germany — the Rhine’s shallowest point — have fallen to …
POSTED AUGUST 12, 2026 5:10 AM |
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event
Delta Air Lines Inc. is investigating an unauthorized Wi-Fi network on a Monday flight out of Las Vegas, where a major cybersecurity conference was held over the weekend. The US airline is working with federal law enforcement officials and aviation …
POSTED AUGUST 12, 2026 5:08 AM |
German Drivers Accelerate Switch to EVs Due to Middle East War
More German drivers than ever are switching to electric vehicles due to the jump in fuel prices triggered by the US-Israeli war on Iran. A record 12% replaced their combustion-engine car with an EV in the second quarter, according to …
POSTED AUGUST 12, 2026 5:05 AM |
Massachusetts High Court Says Mag Mutual Must Defend Doctor Accused of Stalking
A Massachusetts plastic surgeon was suspended by the state Board of Medicine in 2020 for allegedly stalking and harassing a former patient—a patient who happened to be a former girlfriend. A complaint filed with the Board by the woman’s husband …
POSTED AUGUST 12, 2026 5:02 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 |
West News Archives - Insurance Journal
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 |
Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
A sophisticated scam targeting Spanish-speaking injured workers is ongoing in Oregon, authorities are warning. The Oregon Department of Consumer and Business Services is warning people the scam targeting Spanish-speaking injured workers in Oregon and around the country involves workers being …
POSTED AUGUST 11, 2026 5:00 AM |
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
POSTED AUGUST 10, 2026 2:25 PM |
Body Found in California Home Burned by Wildfire Believed Started by Chain Saw
A dead body was found inside a central California home burned by a wildfire that investigators believe was accidentally started by sparks from a chain saw, authorities said last week. Herbert Wayne Smith, 65, was arrested in connection with the …
POSTED AUGUST 10, 2026 5:00 AM |
Meta Ordered to Pay $567 Million In New Mexico for Teen Mental Health Fund
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge …
POSTED AUGUST 07, 2026 8:03 PM |
Washington Arson Suspect Timed Fire for High Wind Day
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …
POSTED AUGUST 07, 2026 12:55 PM |
California Sees Second Straight Year of Vehicle Theft Declines
California recorded its second straight year of declining vehicle thefts last year, the California Highway Patrol is reporting. According to the CHP’s, thieves stole roughly 133,000 vehicles in California in 2025, which represents a 25% decrease from the 176,230 vehicles …
POSTED AUGUST 07, 2026 5:00 AM |
Republican Senators Propose Repealing California Emissions Rules
Four Republican U.S. senators on Thursday proposed repealing landmark California vehicle emissions rules in a bid to prevent the state from imposing stricter tailpipe requirements than the federal government. The U.S. Environmental Protection Agency in June sent the Republican-controlled Congress …
POSTED AUGUST 07, 2026 5:00 AM |
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