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News Archives - Insurance Journal
Russian Warship Fires Warning Shots Near British Yacht The UK is investigating the firing of warning shots by a Russian warship near a British yacht just outside of its territorial waters. The UK received reports from a UK-registered yacht alleging Russia’s Admiral Grigorovich-class frigate fired the shots at …
POSTED JUNE 16, 2026 7:14 PM |
People Moves: Lockton Appoints Lespérance as CEO of Canadian Business; Aon Taps Marsh’s Desmond as Head of Construction for UK Commercial Risk This edition of International People Moves details appointments at the brokers Lockton and Aon. A summary of these new hires follows here. Lockton Appoints Lespérance as CEO of Canadian Business Lockton, the privately held independent insurance brokerage, announced the appointment …
POSTED JUNE 16, 2026 4:16 PM |
ANV Agrees to Buy Open Lending Corp in All-Cash Deal ANV Group Holdings Ltd. said it has entered a definitive merger agreement with Open Lending Corporation. ANV said it will acquire all outstanding shares of Open Lending common stock for $3.15 per share through an all-cash tender offer. The transaction …
POSTED JUNE 16, 2026 3:22 PM |
Alabama GOP Dismisses Tuberville Residency Challenge Brought by Insurance Agent The Alabama Republican Party said U.S. Sen. Tommy Tuberville will remain the party’s gubernatorial nominee, rejecting a claim on Sunday that he had not lived in the state long enough to run for governor. The unanimous decision came after the …
POSTED JUNE 16, 2026 3:20 PM |
People Moves: Lawley Expands Team Across Its Footprint Lawley, headquartered in Buffalo, New York, named three new team members. Stéphane Legris, insurance advisor, based in Buffalo and serving the Saratoga, New York region. As an insurance advisor, Legris specializes in business insurance, captive solutions, and construction, transportation, and …
POSTED JUNE 16, 2026 3:18 PM |
Latent Construction Defects: Hidden Source of Disputed Losses in Fast-Built Texas A nail driven through a supply line during original construction. It happens more often than most claims professionals would expect. In one North Texas home, the fastener sat embedded in the pipe wall for years, gradually weakening the line until …
POSTED JUNE 16, 2026 2:59 PM |
Lawsuit Dismissed of Ex-Yosemite Ranger Fired for Hanging Transgender Flag A federal judge has dismissed a lawsuit brought by a former Yosemite National Park ranger who was fired after flying a giant transgender pride flag from a rock wall that looms over the California park’s main thoroughfare. U.S. District Judge …
POSTED JUNE 16, 2026 2:53 PM |
Markets/Coverages: Nationwide, Barn Owl Partner to Monitor Rural Property Owners Insurer Nationwide looks to its customers in taking a new approach to rural property monitoring through a relationship with Barn Owl, a provider of solar-powered, cellular-connected remote camera systems designed specifically for farms, ranches and rural agribusiness operations. Nationwide said …
POSTED JUNE 16, 2026 2:53 PM |
People Moves: Cincinnati’s Kellington to Retire as CTO, Osborn to Assume Position Cincinnati Financial Corporation announced that John S. Kellington, chief information officer and executive vice president for its lead subsidiary, The Cincinnati Insurance Company, will retire August 7. Kellington joined the company in 2010 as a proven insurance and technology leader. …
POSTED JUNE 16, 2026 2:48 PM |
Skydiving Plane Crash Brings Attention to Industry’s Weak Oversight Poor maintenance is often a factor when skydiving planes crash like one did in Missouri on Sunday, and the National Transportation Safety Board has said in past investigations that weak oversight of the skydiving industry can allow problems to go …
POSTED JUNE 16, 2026 2:45 PM |
West News Archives - Insurance Journal
Lawsuit Dismissed of Ex-Yosemite Ranger Fired for Hanging Transgender Flag A federal judge has dismissed a lawsuit brought by a former Yosemite National Park ranger who was fired after flying a giant transgender pride flag from a rock wall that looms over the California park’s main thoroughfare. U.S. District Judge …
POSTED JUNE 16, 2026 2:53 PM |
CVS Paying $36.5 Million for Overbilling Medi-Cal for Insulin Pens CVS is paying $36.5 million for submitting false claims to the Medi-Cal program for excessive dispensing of insulin pens. A settlement pursued by California Attorney General Rob Bonta in collaboration with the United States Department of Justice with CVS Pharmacy, …
POSTED JUNE 16, 2026 5:00 AM |
Washington County Prosecuting First Insurance Fraud Case Under OIC Deal A county with one of the highest volumes of insurance fraud cases in Washington has filed its first changes under a new agreement with the state’s insurance regulator. The Pierce County Prosecuting Attorney’s Office filed insurance fraud charges in Pierce …
POSTED JUNE 16, 2026 5:00 AM |
Tugboat in California Closes $3M Seed Round to Expand Claims Support Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …
POSTED JUNE 15, 2026 1:01 PM |
California Man Charged With Defrauding Western Alliance Bank Out Of $100M A California man has been criminally charged with defrauding Western Alliance Bancorp out of nearly $100 million by falsifying title insurance policies to inflate the value of collateral he pledged to obtain loans. In a complaint made public on Wednesday, …
POSTED JUNE 15, 2026 5:00 AM |
Two California Insurance Commissioner Candidates Are Left, and Reform Is Coming Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
POSTED JUNE 12, 2026 1:48 PM |
California Company Paying $3.3M to Resolve False Claims Allegations California medical providers and their medical director have agreed to pay $3.3 million to settle allegations they submitted claims to healthcare programs and commercial insurers for services that weren’t provided or supervised. San Francisco-based Circle Medical Care of California, Circle …
POSTED JUNE 12, 2026 5:00 AM |
Man Sentenced Over False FEMA Claims for Lahaina, California Wildfires A Hawaii man was sentenced for filing claims with the Federal Emergency Management Agency seeking disaster relief related to the Lahaina and Pacific Palisades wildfires. Daylyn Harris, 35, of Honolulu, was sentenced to 24 months in prison, followed by five …
POSTED JUNE 12, 2026 5:00 AM |
xAI Accused of Illegally Firing California Engineer Who Raised Safety Concerns A former engineer at Elon Musk’s xAI in California who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to …
POSTED JUNE 11, 2026 5:00 AM |
Report: Rising CT Claims Driving Shifts in Comp Costs and Patterns in California Cumulative trauma claims have risen sharply in recent years and they are driving changes in claim characteristics, costs and claim outcomes, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California’s Emerging Patterns of Cumulative Trauma Claims report …
POSTED JUNE 11, 2026 5:00 AM |
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