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News Archives - Insurance Journal
Supreme Court Hears Bayer’s Fight Against Roundup Lawsuits
The U.S. Supreme Court is set on Monday to consider Bayer AG’s effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The justices are …
POSTED APRIL 27, 2026 2:42 PM |
The Hartford Q1 Net Income Up 36%
First quarter 2026 net income at The Hartford increased 36% to about $851 million as catastrophe losses during the period were half the amount of the same time a year ago. Pretax catastrophe losses for Q1 were about $230 million, …
POSTED APRIL 27, 2026 2:08 PM |
Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown
A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …
POSTED APRIL 27, 2026 2:00 PM |
Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot
A video clip of a Florida woman driving her elevated pickup truck over a Lamborghini sports car has gone viral, again raising the issue of elevated trucks’ blind spots leading to accidents and insurance claims. The woman in Lake Nona, …
POSTED APRIL 27, 2026 1:41 PM |
AIG Completes CEO Succession Plan With Anderson to Takes Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc’s executive committee, Anderson will succeed current AIG CEO Peter Zaffino, who …
POSTED APRIL 27, 2026 1:08 PM |
King Bars Policy Cancellations in Georgia Counties as Fires Spread From Helene Debris
Georgia insurance commissioner John King used his statutory authority to bar property insurance policy cancellations until further notice, due to wildfires that have displaced homeowners across the state. King’s April 23 directive bars cancellations for nonpayment of premiums in 91 …
POSTED APRIL 27, 2026 12:37 PM |
Hormuz Shipping Traffic Remains Muted With no US-Iran Deal in Sight, Data Shows
At least seven ships – mainly dry bulk vessels – have crossed the Strait of Hormuz in the past 24 hours, in line with muted activity in recent days, shipping data showed on Monday, while talks between Iran and the …
POSTED APRIL 27, 2026 12:13 PM |
Iran War Disrupts the Circuit Board Supply Chain, Raises Costs for Tech Firms
The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives …
POSTED APRIL 27, 2026 12:02 PM |
People Moves: HUB’s Drayer Joins Patriot Growth as Northeast President
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, hired Andrew Drayer as regional president, Northeast. He succeeds Bill Donato, who previously held this role and now serves as president of retail insurance. Drayer brings experience across commercial insurance, operations, …
POSTED APRIL 27, 2026 11:55 AM |
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Joby Aviation Inc. is planning to fly electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights will be New …
POSTED APRIL 27, 2026 11:53 AM |
West News Archives - Insurance Journal
Colorado Funeral Home Owner Gets 30 Years in Case That Forced Industry Crackdown
A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies was sentenced to 30 years in prison Friday in a case that forced the state to clamp down on an industry plagued by repeated scandal …
POSTED APRIL 27, 2026 2:00 PM |
Water to Surge into Drought-Depleted Lake Powell But at Costs Elsewhere
Canyons in eastern Utah will churn this spring with huge volumes of water—as much as 50,000 toilets flushing constantly at the same time—in a desperate attempt to maintain electricity generation for thousands of homes across much of the Western U.S. …
POSTED APRIL 27, 2026 5:00 AM |
People Moves: Alliant Appoints Cusack as President, Alliant Property & Casualty
Alliant Insurance Services named Michael J. Cusack president of Alliant Property & Casualty. Cusack previously served as head of Alliant Specialty, responsible for overseeing 16 industry verticals and expanding Alliant’s specialty business across the U.S. Cusack has more than 35 …
POSTED APRIL 27, 2026 5:00 AM |
Trump Says He’ll Probe Banks Over Response to LA Wildfires
President Donald Trump said he would look into the actions of banks in their response to last year’s devastating Los Angeles wildfires following a meeting with that city’s mayor, Karen Bass. Trump said he met with Bass and other officials …
POSTED APRIL 24, 2026 1:27 PM |
As Planet Warms, IBHS Tests Homes to Find Best Protection From Wildfires
RICHBURG, S.C. (AP) — It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window and working under the eaves to burn everything inside. Weeks later, another house in …
POSTED APRIL 24, 2026 5:02 AM |
California Insurance Commissioner Race Has Diverse Field Amid ‘Insurance Crisis’
The race for the California Insurance Commissioner post has drawn 11 candidates covering several parties, and backgrounds that include two insurance agents, a former broker, a state legislator and a former state legislator. Addressing the state’s “insurance crisis,” which took …
POSTED APRIL 23, 2026 9:52 PM |
Amwins Partnering With Vivere on California FAIR Plan Wrap Product
Amwins and Vivere have partnered to launch a California FAIR Plan Wrap product. Developed by Vivere and distributed through Amwins, the product offers comprehensive coverage and fast quotes to the entire portfolios of California FAIR plan insureds, including commercial and …
POSTED APRIL 23, 2026 6:30 PM |
Roblox Settles With Three States For $35.8 Million Over Child Safety
Roblox Corp. has reached settlements with attorneys general in three states over child-safety protections. As part of the deals, the video game company pledged to curb dangerous interactions on its platform, according to statements from the offices of the attorneys …
POSTED APRIL 23, 2026 5:02 AM |
Man Pleads Guilty in Crash That Killed Sheriff’s Recruit, Injuring 25 Others in California
A California man pleaded guilty to a wrong-way crash that killed a sheriff’s recruit and injured more than two dozen other recruits. Nicholas Gutierrez, 25, pleaded guilty this week to a fatal wrong-way crash that resulted in the death of …
POSTED APRIL 23, 2026 5:00 AM |
California Wildfire Risk Bills Cruising Through Legislature
Two bills that are getting bipartisan support aimed at reducing wildfire risk in California are quickly making their way through state Legislature. Senate Bill 894 and Senate Bill 1297, which both address wildfire risk reduction in the state, passed through …
POSTED APRIL 23, 2026 5:00 AM |
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