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Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office
A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he joined DFO Management, the family office of billionaire Dell Technologies founder Michael Dell. …
POSTED OCTOBER 19, 2026 2:42 PM |
‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
POSTED OCTOBER 19, 2026 2:36 PM |
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
The late-season hurricane known as Isaias has so far produced about 47,000 claims in Florida, with estimated insured losses at $582 million, carriers have reported to the Florida Office of Insurance Regulation. A week after the storm made landfall in …
POSTED OCTOBER 19, 2026 2:04 PM |
Supreme Court Rejects Google Challenge to US Patent Agency Review Policy
The US Supreme Court declined to hear a challenge by Alphabet’s Google to a US Patent and Trademark Office rule that the company argued has insulated older patents from validity reviews and helped fuel a surge in patent litigation. The …
POSTED OCTOBER 19, 2026 1:53 PM |
How One Hacker Used AI Agents, a Few Thousand Dollars to Break Into Websites
Over the past couple of weeks, a cybersecurity researcher watched as a Chinese-speaking hacker broke into websites belonging to more than 100 companies, including farm equipment maker Deere, home appliance company SharkNinja and engine manufacturer Cummins. Yet the hacker did …
POSTED OCTOBER 19, 2026 12:23 PM |
Severe Drought Hits Parts of England for First Time Since 1995
A severe drought has been declared for parts of England for the first time since 1995, pushing the government to step up emergency planning as reservoir levels sink far below seasonal norms. Areas of Cornwall, Devon, Dorset, Somerset, East Sussex …
POSTED OCTOBER 19, 2026 11:45 AM |
Diageo’s Toxic Spill Hits a Pristine River in Scottish Whisky Country
The River Spey in northeastern Scotland is one of the world’s most pristine bodies of water. Stretching across 107 miles, it teems with salmon and trout, supporting communities built on tourism along its shores. Earlier this year, a toxic chemical …
POSTED OCTOBER 19, 2026 11:07 AM |
3M to Argue Australia’s $1.4B ‘Forever Chemicals’ Lawsuit Legally Flawed, Court Hears
US conglomerate 3M plans to argue a landmark case brought by Australia over contamination from the company’s use of PFAS “forever chemicals” in its firefighting foam is legally flawed, a court heard on Friday. The claim against the Minnesota-based chemicals …
POSTED OCTOBER 19, 2026 10:37 AM |
The Crypto Devices Built to Foil Hackers Came With Spies Inside
At a small cryptocurrency shop in the heart of Kuala Lumpur, a sheet of paper dated Oct. 10 is taped to shutters over the entrance: “Our physical stores are temporarily closed until further notice.” Malaysian retailer CryptoBilis, a reseller of …
POSTED OCTOBER 19, 2026 10:20 AM |
French Violence Raises Alert as Protests Flare Across Europe
The violence that rocked France this weekend as cost-of-living protests degenerated into looting and burning nationwide is raising alert levels across Europe, where elections will be held in at least half a dozen countries next year. While France has a …
POSTED OCTOBER 19, 2026 9:40 AM |
West News Archives - Insurance Journal
‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
POSTED OCTOBER 19, 2026 2:36 PM |
California Hybrid Market Share Hits Record as EV Registrations Decline
Hybrid vehicles accounted for a record 22.8% of new vehicle registrations in California through the first nine months of the year, a new report shows. However, the Q3 2026 California Auto Outlook, published by Auto Outlook Inc. for the California …
POSTED OCTOBER 19, 2026 5:00 AM |
Compass Files Suit Over California Home Listing Service Rules
Compass Inc., the top U.S. broker for residential properties, sued California’s largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale. The federal court suit filed Friday …
POSTED OCTOBER 19, 2026 5:00 AM |
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …
POSTED OCTOBER 16, 2026 3:36 PM |
Lemonade Launches Renters Insurance in Hawaii
Lemonade is offering renters insurance in Hawaii. The company’s renters policies are available through its app, where customers can get quotes, purchase and update policies and file claims. Lemonade said about 40% of renters claims are handled instantly. The company …
POSTED OCTOBER 16, 2026 5:00 AM |
California Fire Danger Has Utilities Set for Broad Shutoffs
More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With drying winds forecast to blow through much of the state through …
POSTED OCTOBER 15, 2026 5:00 AM |
SageSure One Expanding California Homeowners Coverage
SageSure One is expanding its California homeowners insurance offerings. The new product, from Olympus Insurance Co., provides up to $20 million in total insurable value. The non-admitted HO5 homeowners product is designed for higher-value California homes, with coverage beginning at …
POSTED OCTOBER 15, 2026 5:00 AM |
Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
A new report looks into how to put more resources into prevention before a wildfire strikes, maintain resilience and direct new investment where it can deliver the greatest value using Napa, California as a case study. The Napa County wildfire …
POSTED OCTOBER 14, 2026 5:00 AM |
Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse …
POSTED OCTOBER 13, 2026 7:11 PM |
Las Vegas Business Owner Pleads Guilty in Staged Armed Robbery Fraud Scheme
A Las Vegas business owner pleaded guilty to arranging a fake armed robbery of his cellphone repair store to collect an insurance payout. Erwin Lanada, owner of CPR Cellphone Repair, pleaded guilty to one count of mail fraud. According to …
POSTED OCTOBER 13, 2026 3:26 PM |
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