News Center
News Archives - Insurance Journal
People Moves: Ascot Makes Executive Leader Moves, Organizational Updates
Ascot Group Limited, a global specialty (re)insurance company, made several executive leadership appointments and organizational updates. Mark “Sarge” Pepper has been appointed president, global underwriting, effective October 1. In this expanded executive role, Pepper will lead Ascot’s efforts to elevate …
POSTED SEPTEMBER 30, 2026 5:37 AM |
Fed’s Bowman Touts AI Benefits, Risks for Bank Cybersecurity
Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Sept. 29 to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders. “AI offers great potential — both to threat actors and those buttressing …
POSTED SEPTEMBER 30, 2026 5:17 AM |
Appeals Court Upholds Thomson Reuters’ Landmark Win in AI Training Lawsuit
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine. The …
POSTED SEPTEMBER 30, 2026 5:12 AM |
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
In another indicator of Florida moving back to a mostly market-based property insurance system, the number of insurance agents and agencies appointed with Citizens Property Insurance has dropped in the last year. “It’s a sign of the healthy marketplace: The …
POSTED SEPTEMBER 30, 2026 5:02 AM |
NY Governor Urges Review of Cornell Response to Assault Case
New York Governor Kathy Hochul called for an independent review of Cornell University’s handling of a 2024 incident at a fraternity that resulted in new allegations of rape and sexual assault this month. Hochul weighed in Tuesday on a case …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Viewpiont: Idaho Supreme Court Finds Minimum Limit UIM Coverage Illusory
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is a case about an injury sustained in an …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Six Flags Closes California Roller Coaster Targeted by Lawsuits
Six Flags Entertainment Corp. is permanently retiring the X2 roller coaster, which has been the subject of lawsuits alleging that the ride caused brain injuries. “While X2 consistently passed a multitude of safety tests, we have decided to close the …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Missouri Man Pleads Guilty to Destroying Property at Tesla Dealership
A Barnhart, Missouri man pleaded guilty to destroying property at a Telsa dealership in Kansas City, Missouri and to unlawfully possessing an unregistered destructive device. Kevin Harkins, 28, entered a guilty plea today in federal court to one count of …
POSTED SEPTEMBER 29, 2026 4:53 PM |
Oklahoma Court Finds Energy Company Liable for Excessing Prices During Winter Storm
Oklahoma Attorney General Gentner Drummon announced that the state’s lawsuit against NextEra Energy Marketing for allegedly violating Oklahoma law by charging excessive prices for natural gas during Winter Storm Uri will proceed to trial. An Osage County court granted Drummond’s …
POSTED SEPTEMBER 29, 2026 4:34 PM |
A-Cap Insurers Agree to Mediation in Rehab Dispute with SCDOI Director
Advantage Capital Holdings, parent of Atlantic Coast Life Insurance and Southern Atlantic Re, has dropped its lawsuit against the South Carolina insurance department director and has agreed to mediation instead. “The department welcomes the insurers’ decision to put this distraction …
POSTED SEPTEMBER 29, 2026 2:57 PM |
West News Archives - Insurance Journal
Viewpiont: Idaho Supreme Court Finds Minimum Limit UIM Coverage Illusory
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is a case about an injury sustained in an …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Six Flags Closes California Roller Coaster Targeted by Lawsuits
Six Flags Entertainment Corp. is permanently retiring the X2 roller coaster, which has been the subject of lawsuits alleging that the ride caused brain injuries. “While X2 consistently passed a multitude of safety tests, we have decided to close the …
POSTED SEPTEMBER 30, 2026 5:00 AM |
Prosecutors Seize Bank Accounts of Montana Firm Linked to Tether
U.S. prosecutors in California have seized millions of dollars from bank accounts and cryptocurrency wallets tied to a Montana payments company reportedly linked to Tether. Owners of Capstone, which acted as a money services business, misrepresented the business as an …
POSTED SEPTEMBER 29, 2026 5:00 AM |
Viewpoint: How Central Valley Agencies Are Serving Clients After State Farm’s Pullback
California property insurance shopping has changed its order of operations. Five years ago, a homeowner or small-business owner who called an independent agency often expected a comparison of several carriers and a conversation about price. Today, the first question is …
POSTED SEPTEMBER 29, 2026 5:00 AM |
Lawsuits Allege Six Flags Roller Coaster Caused Traumatic Brain Injuries
Three people who went to California’s Six Flags Magic Mountain have filed lawsuits saying they were left with traumatic brain injuries from the park’s famed X2 roller coaster that is advertised as a rite of passage for the “ultimate daredevil.” …
POSTED SEPTEMBER 28, 2026 5:00 AM |
California’s El Niño Emergency Begins Now as Beaches Erode
California is facing a potentially multi-billion-dollar flood threat as El Niño gathers strength in the Pacific Ocean. The warming El Niño phenomenon tends to unleash powerful storms in the Pacific, including atmospheric rivers, some of which are named the “Pineapple …
POSTED SEPTEMBER 28, 2026 5:00 AM |
Hurricane Nolo Threatens Hawaii With Catastrophic Flooding
Hurricane Nolo is threatening Hawaii, a state already raked by multiple natural disasters since March that have caused hundreds of millions of dollars in damage. Nolo’s top winds reached 75 miles (120 kilometers) per hour as it churned about 450 …
POSTED SEPTEMBER 25, 2026 2:04 PM |
Southern California Edison Pushing for Wildfire Liability Deal Before Lawmakers Depart
Electric utility Southern California Edison is urging California lawmakers to hold a special session before year-end to consider limiting utilities’ exposure to future wildfire liabilities, CEO of parent company Edison International EIX.N Pedro Pizarro said this week. Electric utility infrastructure …
POSTED SEPTEMBER 25, 2026 5:00 AM |
Oracle Cites ‘Force Majeure’ on Controversial New Mexico Data Center
Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks. The technology giant sent the project’s …
POSTED SEPTEMBER 25, 2026 5:00 AM |
Hurricane Watch Posted on Hawaii’s Big Island as Nolo Approaches
A hurricane watch has been issued for Hawaii’s Big Island as Tropical Storm Nolo strengthens south of the island chain. Nolo, with top winds of 40 miles (64 kilometers) per hour was 500 miles south of Honolulu and on a …
POSTED SEPTEMBER 24, 2026 1:53 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Premier Group Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|