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News Archives - Insurance Journal
Australia Insurance Broker Steadfast Gets Offer From Amwins, PE Firm Dragoneer
Australian insurance broker Steadfast Group Ltd. received an indicative offer from US specialty insurance distributor Amwins Group Inc., and private equity firm Dragoneer Investment Group LLC, that sent its shares surging by a record 36%. The conditional, non-binding cash offer …
POSTED JUNE 10, 2026 10:12 AM |
UK Police Call for Calm After Brutal Knife Attack in Belfast
UK authorities pleaded for calm following a knife attack in Belfast that led to the arrest of a Sudanese national and prompted protest calls from the far right. Video circulating online of the late Monday attack appeared to show the …
POSTED JUNE 10, 2026 8:34 AM |
US, Iran Exchange Strikes, Putting Lasting Peace Deal at Risk
The US and Iran exchanged strikes overnight, jolting their two-month-old truce and endangering talks aimed at securing lasting peace in the Middle East. President Donald Trump said he retaliated against the Islamic Republic for shooting down an American Apache helicopter …
POSTED JUNE 10, 2026 8:07 AM |
Britain’s Garden Habits Are Making Their Homes Harder to Insure
As the UK moves from a record-hot May into an unseasonably wet June, the risk of flooding is being exacerbated by a proliferation of paved gardens, according to the country’s flood insurer of last resort. The trend — often a …
POSTED JUNE 10, 2026 7:56 AM |
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns
Stellantis is recalling more than 1.3 million Jeep SUVs and trucks worldwide over fire concerns and is urging owners to park outside and away from structures or other vehicles until a fix is completed. In a filing with the National …
POSTED JUNE 10, 2026 5:16 AM |
Storage Shed Caused Nashville Parking Garage Fire, Travelers Says in $10M Subro Suit
Nashville residents will likely remember the massive fire—one year ago today—that destroyed the downtown library’s parking garage, totaled dozens of vehicles, and left the library closed for months. Travelers Excess & Surplus Lines, which had provided a multimillion-dollar policy for …
POSTED JUNE 10, 2026 5:02 AM |
Trial Begins for Man Accused of Sparking Deadly Palisades Fire
A federal arson trial began this week for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race. Jonathan Rinderknecht, 29, appeared in court …
POSTED JUNE 10, 2026 5:00 AM |
Inszone Acquires Professional Insurance Strategies in Arizona
Inszone Insurance Services acquired Professional Insurance Strategies LLC in Arizona. Founded in 2006 by Gary Hanson, Professional Insurance Strategies was built to serve complex, niche industries. The firm specializes in the construction and public transportation sectors. Sacramento, California-based Inszone is …
POSTED JUNE 10, 2026 5:00 AM |
US Customs Agency, Trade Judge to Seek Path to Final Tariff Refunds
Officials from the U.S. Customs and Border Protection agency head to a federal trade court on Tuesday to try to find a way to refund tens of billions of dollars of tariffs that were collected and later deemed illegal by …
POSTED JUNE 10, 2026 5:00 AM |
Rio Grande Valley Farmers are Bracing for Severe Drought
Texas heat can be relentless. For much of the year, farmers and ranchers were preparing for a tough summer of drought. As of Monday, nearly 50% of the state was experiencing some level of drought conditions according to the U.S. …
POSTED JUNE 09, 2026 4:45 PM |
West News Archives - Insurance Journal
Trial Begins for Man Accused of Sparking Deadly Palisades Fire
A federal arson trial began this week for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race. Jonathan Rinderknecht, 29, appeared in court …
POSTED JUNE 10, 2026 5:00 AM |
Inszone Acquires Professional Insurance Strategies in Arizona
Inszone Insurance Services acquired Professional Insurance Strategies LLC in Arizona. Founded in 2006 by Gary Hanson, Professional Insurance Strategies was built to serve complex, niche industries. The firm specializes in the construction and public transportation sectors. Sacramento, California-based Inszone is …
POSTED JUNE 10, 2026 5:00 AM |
PG&E Could Cut Power in 8 California Counties Due to Winds, Fire Danger
Pacific Gas and Electric Co. may cut power in parts of eight counties in California this week due to risks that its equipment could cause wildfires. The utility on Monday warned that some parts of Colusa, Glenn, Lake, Napa, Sonoma, …
POSTED JUNE 09, 2026 2:03 PM |
Markets/Coverages: Alliant in California Rolling out Retirement & Wealth Business
Alliant Insurance Services launched a new line of business to address what the firm sees as a growing convergence of retirement consulting and wealth management. Retirement & Wealth at Alliant is designed to link institutional retirement plan relationships with individual …
POSTED JUNE 09, 2026 5:00 AM |
Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car
A Los Angeles jury has awarded $176 million to the parents of two young brothers killed in a hit-and-run collision when a California socialite’s car struck them in a crosswalk nearly six years ago. The jury found both Rebecca Grossman …
POSTED JUNE 08, 2026 1:46 PM |
California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations
A California mortgage servicer is paying $4.6 million to settle allegations it violated mortgage servicing and debt collection laws during the pandemic. The settlement between Select Portfolio Servicing, a large sub-prime mortgage servicer, and California Attorney General Rob Bonta, includes …
POSTED JUNE 08, 2026 5:00 AM |
Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs
Colorado Gov. Jared Governor Polis signed a bill into law that proponents say will lower the price of homeowners insurance in Colorado, Polis signed SB26-155, called Increase Access Homeowner’s Insurance Enterprise, designed to make it more affordable for residents to …
POSTED JUNE 05, 2026 1:32 PM |
People Moves: Delos Names Schween CTO; XPT Specialty Names McEachern VP, Commercial Underwriter/Broker; Legner Joins Trucordia as Agriculture Platform Senior VP
Delos Appoints Schween CTO Delos Insurance Solutions has appointed Brian Schween to the role of chief technology officer. Schween has extensive technology experience in the insurance industry, having had several C-level roles in a variety of organizations. Currently operating in …
POSTED JUNE 05, 2026 5:00 AM |
Tesla Settles Some Worker Racism Claims as Bigger Trial Looms
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
POSTED JUNE 04, 2026 12:59 PM |
Environmental Brokers Busier Following Washington Chemical Plant Blast
In the weeks following the implosion of a massive tank at a Washington paper mill that killed 11 workers and spilled hundreds of thousands of gallons of chemicals, believed to be the deadliest industrial accident in state history, managers of …
POSTED JUNE 04, 2026 5:00 AM |
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