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News Archives - Insurance Journal
Truck Rates at Highest Since 2022 Add to Inflation Pressures
Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …
POSTED APRIL 08, 2026 5:03 AM |
Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers
Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …
POSTED APRIL 08, 2026 5:02 AM |
Lindberg’s Baby: $1.6M in Proposed Restitution to His Former Insurance Companies
After almost a decade of litigation, investigations and deliberations, criminal fraud cases against reported billionaire and North Carolina insurance entrepreneur Greg Lindberg appear to finally be nearing an end. A sentencing hearing is expected in the next few months, followed …
POSTED APRIL 08, 2026 5:01 AM |
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles outside …
POSTED APRIL 08, 2026 5:00 AM |
How Maine Regulators Say They Saved Residents $5.8 Million on Insurance
The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5 million for Mainers …
POSTED APRIL 08, 2026 5:00 AM |
US Warns of Iran-Linked Cyber Hacks on Water, Energy Systems
The Trump administration warned cyberattackers with links to Iran are targeting critical US infrastructure including drinking water systems and the energy sector. The attacks are aimed at technology used in water and sewer systems along with government facilities and services, …
POSTED APRIL 08, 2026 5:00 AM |
Marsh McLennan Agency Acquires Seitz Insurance in Montana
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is a Sidney, …
POSTED APRIL 08, 2026 5:00 AM |
NYC Mayor Mamdani Wants to Crack Down on ‘Bad Landlords.’ First He Has to Find Them
On a recent weeknight, three tenants of an aging Bronx building were trading apartment horror stories inside a packed ballroom lined with city bureaucrats. The occasion was the third in a series of “rental rip-off hearings,” a new forum launched …
POSTED APRIL 08, 2026 5:00 AM |
Avalanche Experts Question Decisions by Guides on Deadly California Backcountry Trip
Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. The backcountry skiers were traveling …
POSTED APRIL 08, 2026 5:00 AM |
Two Firefighters Killed in Collision During Search for Missing Woman
Two firefighters traveling in a utility vehicle along a Pennsylvania road during a search for a missing woman were killed in a head-on crash with a car, officials said. The two members of the Walnuttown Fire Company died after the …
POSTED APRIL 07, 2026 11:55 PM |
West News Archives - Insurance Journal
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested
A Kimberly-Clark Corp. employee has been arrested on arson charges after a massive fire broke out Tuesday morning at a California distribution center that serves around 50 million people. The facility — located in Ontario, California, about 35 miles outside …
POSTED APRIL 08, 2026 5:00 AM |
Marsh McLennan Agency Acquires Seitz Insurance in Montana
Marsh McLennan Agency has acquired Seitz Insurance Agency in Montana. All employees, including David Seitz and Camila Skinner, the agency principals and co-owners, will join MMA and continue to operate out of their existing office locations. Seitz is a Sidney, …
POSTED APRIL 08, 2026 5:00 AM |
Avalanche Experts Question Decisions by Guides on Deadly California Backcountry Trip
Two months after the deadliest avalanche in modern California history, an analysis by leading U.S. experts is questioning the decisions by the guides to lead such a large group through dangerous terrain amid avalanche warnings. The backcountry skiers were traveling …
POSTED APRIL 08, 2026 5:00 AM |
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation
California Attorney General Rob Bonta is opposing efforts to wave safety regulations for the Sable oil pipeline. Bonta filed a comment letter opposing the U.S. Pipeline and Hazardous Materials Safety Administration’s consideration of Sable Offshore Corp.’s request for a special …
POSTED APRIL 07, 2026 6:41 PM |
Record Low Colorado Mountain Snow Doesn’t Bode Well for Drought-Stricken West
Hydrologist Maureen Gutsch trudged through the mud and slush to confirm a grim picture: Colorado just had its worst snowpack since statewide recordkeeping began in 1941. Even more troubling, mountain snow accumulations peaked a month early and contained just half …
POSTED APRIL 07, 2026 5:00 AM |
San Francisco House Prices Hit Record $2.15 Million on AI Boom
San Francisco’s median house price jumped to a record $2.15 million in March, up 18% from a year earlier as wealth generated by artificial intelligence startups flooded the city, according to brokerage Compass Inc. Condo prices also surged, rising 27% …
POSTED APRIL 07, 2026 5:00 AM |
California Wildfire Almost Fully Contained as Evacuation Orders Lifted
A Southern California wildfire that prompted evacuation orders is now nearly fully contained, according to fire officials. The Springs Fire in Riverside County grew to roughly 4,176 acres, but is now 95% contained. The fire had been just 25% contained …
POSTED APRIL 06, 2026 2:06 PM |
California’s Last Nuclear Power Plant OK’d to Run Through at Least 2030
Federal regulators approved an operating license extension for California’s last-standing nuclear power plant, which under state law can run until at least 2030, the governor of the most populous U.S. state said last week. PG&E’s Diablo Canyon Nuclear Power Plant …
POSTED APRIL 06, 2026 5:00 AM |
Delos Says It Has Expanded Eligibility by 1M California Homes in Wildfire-Stressed Areas
Delos Insurance Solutions says it has increased access to its insurance by more than 1 million homes in wildfire-stressed locations across California in the past 12 months with new capacity. The property insurance MGA said it is also able to …
POSTED APRIL 06, 2026 5:00 AM |
Fleet Lender Pays $1.64M to California to Settle False Claims Allegations
A commercial fleet lender is paying $1.64 million to settle allegations it made false claims to take advantage of a loan loss insurance program. California Attorney General Rob Bonta settled with Crossroads Equipment Lease and Finance over alleged false claims …
POSTED APRIL 02, 2026 1:54 PM |
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