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News Archives - Insurance Journal
New Flooding Haunts Texas Hill Country a Year After Historic Disaster
Soyla Reyna stood outside Calvary Temple Church, taking a momentary respite from hours of manning the flood displacement shelter at her home church in Kerrville on Thursday. “A lot of it was unbelievable,” she said as the rain outside the …
POSTED JULY 17, 2026 4:48 PM |
Kansas Man Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Sedgwick county man has been sentenced to 12 months of probation for insurance fraud. Lance Given, age 64, pleaded no contest and was sentenced on July 8, 2026, in Sedgwick County District Court …
POSTED JULY 17, 2026 4:27 PM |
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves
Second quarter 2026 net income at Travelers increased 46% to about $2.2 billion on lower catastrophe losses and favorable prior year reserve development. Catastrophe losses for the quarter, mostly from severe storms, were $518 million compared with $927 million for …
POSTED JULY 17, 2026 3:54 PM |
Air Taxi Service Across Parts of Florida Moving Closer to Reality
The long-awaited future moved a little closer to the present this week when officials in Kissimmee, Florida, unveiled new infrastructure to support an air taxi/flying car service in coming years. “We will go from the Orlando area to Tampa within …
POSTED JULY 17, 2026 3:51 PM |
Texas Floods Kill Two, More Storms Forecast for Overnight
Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy rain expected overnight. A wide swath of Texas is forecast to receive as much as eight inches (20 centimeters) of …
POSTED JULY 17, 2026 3:28 PM |
People Moves: Canopius Hires Brown as Head of US Claims; World Insurance Names Milord Chief Broking Officer
Canopius Group, headquartered in Chicago, Illinois, hired Melanie M. Brown, who will join the business on August 3 as head of U.S. claims. She will report to the incoming Canopius Group Chief Claims Officer Steve Parry. Brown has extensive experience …
POSTED JULY 17, 2026 3:24 PM |
Florida Man Charged With $159,000 in Fraudulent Insurance Claims
A central Florida man who has been cited for numerous traffic violations and who was once sued by State Farm in an auto accident subrogation case, has been charged with submitting more than $159,000 in fraudulent health insurance claims. Two …
POSTED JULY 17, 2026 3:18 PM |
Rhine Rises After Rain, but Low Levels Continue to Hinder Shipping
Water levels on the Rhine in Germany have risen after rain in the south and are forecast to rise further in the coming days, the country’s inland navigation agency said on Friday, though shallow water continues to hinder shipping and …
POSTED JULY 17, 2026 2:28 PM |
New York Sues 3M, DuPont, Other Firms for Funding of PFAS Cleanup
New York’s attorney general sued several large chemical and agricultural companies on Thursday, alleging they knowingly sold harmful so-called forever chemicals used in cosmetics, non-stick cookware and other products. The lawsuit against 3M, DuPont de Nemours, The Chemours Company and …
POSTED JULY 17, 2026 2:26 PM |
Coca-Cola Suspends Fairlife Operations After Cyberattack
The Coca-Cola Co. said it had temporarily suspended production operations of its Fairlife milk in the US after an unauthorized third party gained access to some of its systems. The cyberattack was connected to a ransomware event, Coca-Cola said in …
POSTED JULY 17, 2026 2:06 PM |
West News Archives - Insurance Journal
Taco Bell Lettuce From California Farm Supplier Linked to Cyclosporiasis Outbreak
Shredded iceberg lettuce supplied to Yum Brands’ Taco Bell restaurants by California-based supplier Taylor Farms has been identified by investigators as a potential source of contamination in the cyclosporiasis outbreak that has sickened thousands of people in the U.S., the …
POSTED JULY 17, 2026 1:37 PM |
People Moves: Gabbay Elected to CopperPoint Board of Directors
CopperPoint Insurance Company elected Steve Gabbay to the CopperPoint Mutual Insurance Holding Company board of directors. Since 2009, Gabbay has been the chief operating officer of YAM Worldwide, which operates more than a dozen companies across a variety of industries. …
POSTED JULY 17, 2026 5:00 AM |
California Rivals Have Starkly Different Plans to Remake Home Insurance
As high temperatures bake California and strong winds make it more susceptible to fire, voters in the state are being wooed by political candidates with divergent visions for how to protect homes from stepped-up climate risks. California has the nation’s …
POSTED JULY 17, 2026 5:00 AM |
Risk Theory Launches Jupiter Platinum Home E&S Product in California
Risk Theory Insurance Services launched Jupiter Platinum Home, a primary excess and surplus product for high-net-worth homeowners in California. The program, with capacity from Amherst Specialty Insurance, is built for homes with a $750,000 dwelling limit up to $25 million …
POSTED JULY 16, 2026 5:00 AM |
Busy Wildfire Season in West Tests Fire Bosses as They Juggle Resources
It’s already been a deadly year for firefighters, and authorities have been putting resources where they can more quickly pounce on wildfires before they get out of hand and increase the possibility of additional loss of life and property. Fire …
POSTED JULY 16, 2026 5:00 AM |
PG&E Says Power Shutoffs Required in California on Wildfire Risk
PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in …
POSTED JULY 15, 2026 7:21 PM |
Drought Pits Farms Against Towns and Industry in Scramble for Water in West
In Arizona, dead fish lie in the dry bed of a reservoir. To the north, a small Utah town could run out of water in months. And in Colorado, a rancher has sold a fifth of her herd as stock …
POSTED JULY 15, 2026 2:15 PM |
Crash of Helicopter Fighting Colorado Wildfire Leaves Pilot Dead
A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot’s body was recovered by divers. The Gunnison County Sheriff’s …
POSTED JULY 15, 2026 2:02 PM |
Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls
Waking up in a Waymo comes as a shock. Ditto Kasendar remembers soft music drifting from the robotaxi’s speakers as he rode home late at night from a friend’s birthday party last year. The next moment, Los Angeles firefighters were …
POSTED JULY 14, 2026 3:59 PM |
RockRose Risk Launches Mitigation-First Insurance Model for California Homeowners
RockRose Risk launched a “human-in-the-loop” assessments product to provide the algorithms need to price risk accurately in California. RockRose Risk, an insurance brokerage that offers property owners discounts for wildfire mitigation, launched its homeowners insurance product in California, which follows …
POSTED JULY 14, 2026 1:01 PM |
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