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News Archives - Insurance Journal
Tainted Baby Milk Hits Billionaire Family’s Powerful Dairy Empire
For the secretive billionaire Besnier family, the recent recall of potentially dangerous infant formula made by its nearly century-old firm brings an uncomfortable feeling of deja vu. Just eight years ago, the French clan behind Groupe Lactalis, the world’s biggest …
POSTED FEBRUARY 06, 2026 12:57 PM |
Danone Recalls More Infant Formula in Europe
Danone is withdrawing batches of infant formula in Austria, Germany and France, the company and an Austrian government food agency said, expanding an industry recall sparked by contamination with the toxin cereulide. Cereulide, which can cause nausea and vomiting, has …
POSTED FEBRUARY 06, 2026 10:52 AM |
EU Needs Smart-Car Data Security Rules And Can Learn From China, Group Says
The European Union needs to implement comprehensive regulations to manage the growing security risks posed by intelligent vehicles, particularly Chinese cars that are increasingly popular with consumers, according to a think tank. Intelligent cars, typically electric or hybrid vehicles, allow …
POSTED FEBRUARY 06, 2026 9:59 AM |
Tankers Speed Through Hormuz Chokepoint on US-Iran Tensions
Some supertanker operators, nervous about rising US-Iran tensions and potential risks to shipping in the Strait of Hormuz, are speeding their vessels through the chokepoint. Very Large Crude Carriers are traveling around the narrow, congested waterway — through which about …
POSTED FEBRUARY 06, 2026 9:43 AM |
Leading South Korean Insurers Explore India Entry, Sources Say
South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co. are in exploratory talks about entering India’s $130 billion insurance market, three Indian sources said. The interest comes as India has …
POSTED FEBRUARY 06, 2026 9:08 AM |
Study Ties Particle Pollution From Wildfire Smoke to 24,100 US Deaths Per Year
Chronic exposure to pollution from wildfires has been linked to tens of thousands of deaths annually in the United States, according to a new study. The paper, published Wednesday in the journal Science Advances, found that from 2006 to 2020, …
POSTED FEBRUARY 06, 2026 6:08 AM |
Planet and Goosehead Insurance Announce Franchise Partnership
Independent personal lines agency Goosehead Insurance and newly launched Planet Insurance Agency said they have a strategic franchise partnership for customers shopping for homeowners insurance. Meriden, Connecticut-based Planet Insurance Agency was launched last month through Planet Financial Group. Through the …
POSTED FEBRUARY 06, 2026 6:07 AM |
Aon Agrees to $15 Million Settlement With Pennsylvania Teachers
A unit of Aon Plc agreed to settle a class-action lawsuit alleging that calculation errors and faulty investment advice caused Pennsylvania public school teachers to make millions of dollars in extra contributions to their pension fund. The firm’s Aon Investments …
POSTED FEBRUARY 06, 2026 6:00 AM |
Assignment of Benefits Bill Passes Washington Senate
A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third …
POSTED FEBRUARY 06, 2026 6:00 AM |
Uber Jury Awards $8.5 Million Damages in Arizona Sexual Assault Case
Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of …
POSTED FEBRUARY 06, 2026 6:00 AM |
West News Archives - Insurance Journal
Assignment of Benefits Bill Passes Washington Senate
A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third …
POSTED FEBRUARY 06, 2026 6:00 AM |
Uber Jury Awards $8.5 Million Damages in Arizona Sexual Assault Case
Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of …
POSTED FEBRUARY 06, 2026 6:00 AM |
People Moves: Trucordia Names Reid as Vice President on M&A Team
Trucordia hired Kim Reid as a vice president on its mergers and acquisitions team. Reid comes to Trucordia after more than two decades with Arthur J. Gallagher, where she helped build and lead the firm’s due diligence and integration programs. …
POSTED FEBRUARY 06, 2026 6:00 AM |
Patients of UCLA Doctor Shaken by Sex Abuse Conviction Overturn, What’s Next
Two years after a former University of California, Los Angeles, gynecologist was convicted of sex abuse and sentenced to 11 years in prison, an attorney working to prepare an appeal of the case stumbled across an astounding find for the …
POSTED FEBRUARY 05, 2026 2:46 PM |
People Moves: Capital Insurance Group Promotes Noel to Regional Field Executive
Capital Insurance Group promoted Kimberly Noel to regional field executive for their Northwest region, overseeing underwriting teams and line of business performance in Oregon and Washington. Noel has more than 20 years of underwriting and leadership experience, including more than …
POSTED FEBRUARY 05, 2026 6:00 AM |
Governor ‘Not Convinced’ California Wants to Take Over PG&E
California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has come under criticism recently for blackouts that hit San Francisco. “I’m not convinced” the state wants to get into the …
POSTED FEBRUARY 04, 2026 6:05 PM |
Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction
A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …
POSTED FEBRUARY 04, 2026 2:26 PM |
Arizona Experienced 25% Decrease in Vehicle Thefts in 2025, New Report Shows
Vehicle thefts fell by 25% in Arizona in 2025 to the lowest rate in decades, and the third consecutive year of a decrease in the state, a new report shows. Data from the Arizona Automobile Theft Authority’s Auto Crime Tracker …
POSTED FEBRUARY 03, 2026 6:00 AM |
California Light Bulb Maker Paying $100K for Firing Pregnant Worker
A California lightbulb manufacturer is paying $100,000 to settle a pregnancy discrimination lawsuit. Feit Electric Inc., a lightbulb manufacturer based in Los Angeles, must pay $100,000 and provide other relief to settle the pregnancy discrimination suit filed by the U.S. …
POSTED FEBRUARY 03, 2026 6:00 AM |
Bill Introduced to ‘Transform’ the California FAIR Plan
A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponsored …
POSTED FEBRUARY 02, 2026 9:06 PM |
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