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News Archives - Insurance Journal
Tanker Reports External Explosion off Oman Coast, Crew Safe, UKMTO Says
United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel’s port side, close to the waterline, 60 nautical miles off Oman’s capital Muscat. UKMTO said the vessel, identified as the Olympic …
POSTED MAY 27, 2026 9:22 AM |
Viewpoint: Tackling the Threat of Legal System Abuse
Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
POSTED MAY 27, 2026 5:13 AM |
Supreme Court Tosses Florida Suit Over Immigrant Driver’s Licenses
The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
POSTED MAY 27, 2026 5:02 AM |
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
POSTED MAY 27, 2026 5:00 AM |
Crest Insurance Group Names Hart Vice President, Employee Benefits
Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …
POSTED MAY 27, 2026 5:00 AM |
Uber, Lyft Drivers in Massachusetts Form First US Ride-Share Union
Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the first officially recognized organization in the U.S. to represent such gig workers. The newly formed App …
POSTED MAY 27, 2026 5:00 AM |
JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims
The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini last Tuesday night countersued …
POSTED MAY 26, 2026 6:00 PM |
Inszone Acquires Michigan’s Legacy Partners
Inszone Insurance Services announced the acquisition of Michigan-based Legacy Partners Insurance Services. Founded in 2013 by Joe Graham, Legacy Partners has spent the last decade growing exponentially throughout Southeast Michigan. Operating out of its Harrison Township headquarters, the agency built …
POSTED MAY 26, 2026 4:47 PM |
Record-Setting Drought Devastates Wheat Crop in Kansas
Orville Williams has had a healthy wheat crop on his 2,600-acre farm in Montezuma, Kansas, every year since he was a teenager. It hasn’t always been easy. For instance, there were challenging economic times through the 1980s and various degrees …
POSTED MAY 26, 2026 4:38 PM |
Inszone Acquires Texas’ Taylor Insurance Agency
Inszone Insurance Services announced the acquisition of Kevin Taylor Insurance Agency, LLC. Operating as Taylor Insurance Agency, the firm brings a personal lines portfolio to the Inszone umbrella, further expanding its footprint in San Antonio, Texas. Originally founded in 2011 …
POSTED MAY 26, 2026 4:31 PM |
West News Archives - Insurance Journal
Crest Insurance Group Names Hart Vice President, Employee Benefits
Crest Insurance Group named Tony Hart vice president, employee benefits in the firm’s Henderson, Nevada office. Hart has nearly 20 years of employee benefits brokerage and consulting experience and specializes in cost containment, pharmacy management, population health and alternative funding …
POSTED MAY 27, 2026 5:00 AM |
California Narrows Evacuation Area With Risk ‘Off the Table’
There is no longer a risk of a compromised chemical tank exploding in the suburbs of Los Angeles and evacuation orders for some of the more than 50,000 people were lifted, according to the Orange County Fire Authority. The county’s …
POSTED MAY 26, 2026 2:00 PM |
San Francisco Turns to AI to Avoid Collisions Between Ships And Whales
Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection …
POSTED MAY 26, 2026 5:00 AM |
Oil Pipeline Shut Down After East Los Angeles Rupture
An oil pipeline operated by Plains All American in East Los Angeles, California, was shut down after a rupture, the company said on Friday. The line was struck by a third party conducting excavation work, the company added. It did …
POSTED MAY 26, 2026 5:00 AM |
Gov. Newsom Issues Executive Order to Prep Workers, Businesses for AI Disruption
California Gov. Gavin Newsom issued an executive order to attempt to deal with the impacts of artificial intelligence on workers and businesses. Related: Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI The order directs the state to …
POSTED MAY 22, 2026 3:37 PM |
People Moves: Commissioner Kuderer to Chair NAIC’s Child Care Insurance Group
Washington Insurance Commissioner Patty Kuderer has been selected to chair the National Association of Insurance Commissioners’ new Child Care Insurance Working Group. The new working group will explore possible solutions and make recommendations for state insurance regulators to use with …
POSTED MAY 22, 2026 5:00 AM |
What to Know About Midair Collision Between Navy Jets at Idaho Air Show
After the two Navy jets collided in midair, the planes sandwiched together, all four crew members were able to eject and deploy their parachutes, floating down to safety as the aircraft careened into a field, exploding into a fireball. The …
POSTED MAY 22, 2026 5:00 AM |
Containment Grows on California Wildfire That Forced Thousands to Evacuate
Containment has continued to increase on the Sandy fire in Simi Valley, which prompted evacuation orders for tens of thousands of people in Ventura County earlier this week. Though fire activity has slowed, the blaze still poses danger, fire officials …
POSTED MAY 21, 2026 1:21 PM |
Report: California Independent Medical Review Overturned Most Treatment Requests
Nearly nine-in-10 workers’ compensation treatment request denials in California were overturned by independent medical review, a new report shows. The California Department of Industrial Relations and its Division of Workers’ Compensation released the annual report on the department’s IMR program. …
POSTED MAY 21, 2026 5:00 AM |
New Mexico Politicians Grapple With Oil Windfall From Iran War
The global oil bottleneck in the Strait of Hormuz has generated an enviable—and politically sensitive—financial windfall on the other side of the world in New Mexico, a rare Democratic-dominated state where fossil fuels are a bedrock of progressive social services. …
POSTED MAY 21, 2026 5:00 AM |
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