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News Archives - Insurance Journal
World Insurance Associates Acquires Texas’ Cubriel
World Insurance Associates announced that it acquired the business of Cubriel Insurance Agency of Laredo, Texas on June 1, 2026. Terms of the transaction were not disclosed. Cubriel is a P&C agency with a business mix of commercial lines and …
POSTED SEPTEMBER 14, 2026 4:54 PM |
Brown & Riding Launches Agribusiness Practice
Brown & Riding announced the launch of its new national Agribusiness Practice, a specialty practice area delivering comprehensive insurance solutions for the entire agricultural supply chain. The practice is led by David Chipp, and supported by a team of product …
POSTED SEPTEMBER 14, 2026 4:34 PM |
Record Diesel Prices Come at a Bad Time for U.S. Farmers
The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough …
POSTED SEPTEMBER 14, 2026 4:30 PM |
Federal Court Blocks Trump Order Keeping Michigan Coal Plant Open
In a defeat for the Trump administration, a federal court on Friday ruled that the Energy Department exceeded its authority when it forced a Michigan coal-fired power plant to stay open past its scheduled retirement date last year. Energy Secretary …
POSTED SEPTEMBER 14, 2026 4:26 PM |
Louisiana Lawsuit Says LNG Terminals are Hurting Seafood Industry
A group of commercial fishers, fishing guides and seafood processors in southwest Louisiana is suing liquefied natural gas company Venture Global, claiming that dredging operations in preparation for the construction of a new terminal resulted in a sediment spill that …
POSTED SEPTEMBER 14, 2026 4:22 PM |
Iranian Strait Authority Issues Updated List of 77 Sanctioned Vessels; Insurers Warned
Iran’s Persian Gulf Strait Authority, set up by Iran to manage requests of passage in the Strait of Hormuz, published on Monday an updated list of 77 vessels “violating Iranian protocols for the Strait of Hormuz.” Concerns over global energy …
POSTED SEPTEMBER 14, 2026 4:00 PM |
Where Have all the Atlantic Hurricanes Gone?
The Atlantic is quiet — record quiet — this hurricane season thanks to an enormous El Nino that crushes storms before they get going. No Atlantic hurricanes have formed yet this year and none are likely to form for at …
POSTED SEPTEMBER 14, 2026 3:37 PM |
NYC Dealing With South Bronx Legionnaires’ Disease Outbreak
The New York City Health Department on September 13 ordered 10 cooling towers in the South Bronx to be cleaned and disinfected as the city continued its investigation into the latest community cluster of Legionnaires’ disease. As of September 12, …
POSTED SEPTEMBER 14, 2026 3:20 PM |
Race is on in North Carolina to Restore Critical Peatland Before it is Gone
The birds are up with the sunrise — warblers, flycatchers, sparrows and towhees calling across the treetops. Deer browse on tender buds emerging from dense shrubs. Black bears scrounge for roots, insects and other edibles. It’s an idyllic setting in …
POSTED SEPTEMBER 14, 2026 2:59 PM |
Chemours, DuPont, Corteva Settle NC ‘Forever Chemicals’ Claims for $455 Million
Chemours, DuPont and Corteva have reached a $455 million settlement with North Carolina and 11 local entities over PFAS contamination claims tied to Chemours’ Fayetteville Works plant and other historical discharges. Lawsuits accusing major chemical companies of polluting U.S. drinking …
POSTED SEPTEMBER 14, 2026 2:50 PM |
West News Archives - Insurance Journal
Bamboo Insurance in Utah 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 |
People Moves: Burns & Wilcox Adds New West Coast Associate Managing Directors
Burns & Wilcox, headquartered in Famington Hills, Michigan, hired Winston Rendall and Sandra Shambaugh as associate managing directors for the West region. Rendall comes to Burns & Wilcox with 10 years of experience. Most recently, he was vice president of …
POSTED SEPTEMBER 11, 2026 5:00 AM |
Oregon Proposes 2.1% Increase in Pure Premium Workers’ Comp Rates for 2027
Oregon employers will pay 92 cents per $100 of payroll for workers’ compensation coverage on average in 2027, a rate that would be the second lowest on record. A proposal from the Oregon Department of Consumer and Business Services calls …
POSTED SEPTEMBER 10, 2026 3:05 PM |
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is in the residual market. In the second quarter, the California FAIR Plan added roughly 12,000 residential policies, the fifth consecutive …
POSTED SEPTEMBER 10, 2026 5:00 AM |
Intense Los Angeles Heat to Send State’s Power Demand Soaring
California faces a short but sharp rise in temperatures that will boost electricity demand as unusually warm nights offer little relief. Heat advisories will cover much of California’s coast and Central Valley, including the Bay Area and Los Angeles, through …
POSTED SEPTEMBER 09, 2026 5:00 AM |
Insured Loss Estimates Top $600M From Washington Fires, Testing New Commissioner
The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to a test. Kuderer has been in office for over a year-and-a-half. However, she’s relatively new considering her predecessor, Washington Commissioner …
POSTED SEPTEMBER 08, 2026 7:06 PM |
Hurricane Lowell Brings Heavy Rains as It Passes West of Hawaii
Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with top winds of 105 miles (169 kilometers) per hour, edged west of Kauai but is still dropping heavy rain, as …
POSTED SEPTEMBER 08, 2026 1:57 PM |
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