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News Archives - Insurance Journal
Google Adds Mental Health Tools to Gemini Chatbot After Lawsuit
Alphabet Inc.’s Google plans to introduce new mental health support features for its Gemini chatbot as the company and rivals, like OpenAI, have faced several lawsuits accusing their artificial intelligence tools of leading to harm. Gemini will add an interface …
POSTED APRIL 07, 2026 7:23 PM |
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 |
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March …
POSTED APRIL 07, 2026 6:00 PM |
Markets/Coverages: INSTANDA MAX Launched for Commercial Lines Insurers; Novacore Launches Aerospace Segment
Artificial intelligence-enabled program administrator INSTANDA said its launch of INSTANDA MAX enables commercial lines and non-admitted insurers to underwrite tens-of-thousands of complex assets under a single policy at both the portfolio and individual item level in real-time. Patent-pending INSTANDA MAX …
POSTED APRIL 07, 2026 4:26 PM |
Strong Underwriting, Investment Income Bolster P/C Income in 2025, Says Moody’s
Twenty insurers rated by Moody’s reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the Los Angeles wildfires …
POSTED APRIL 07, 2026 3:58 PM |
House Explosion in Illinois Kills Three People
An explosion at a Troy, Illinois, house and ensuing fire killed three people. The cause is under investigation. Several homes and buildings on the property were still standing, but the home where the explosion occurred was destroyed, according to media …
POSTED APRIL 07, 2026 3:41 PM |
Kentucky Insurance Agent Charged With Keeping Church’s Premium Payments
A Kentucky insurance agency owner has been charged with diverting premiums from a church client, and the Kentucky Department of Insurance is investigating other clients. Multiple news sites reported that Glen “David” Ramey, 59, an agent and owner of David …
POSTED APRIL 07, 2026 3:21 PM |
Texas Coffee Bar Owes Back Wages for 36 Workers Over Tip Pool Violations
A Texas coffee bar and lounge must pay $85,197 for operating an illegal tip pool. The U.S. Department of Labor recovered the back wages for 36 employees after an investigation reportedly found a coffee bar and lounge in Buda operated …
POSTED APRIL 07, 2026 2:49 PM |
India Plans Sovereign Guarantees for Insurers as Iran War Hikes Shipping Risks: Sources
India is planning sovereign guarantees to support insurers that provide cover for vessels traveling in the Persian Gulf, as the Middle East war increases the risks to shipping, said government and industry sources familiar with the matter. The plan includes …
POSTED APRIL 07, 2026 2:44 PM |
People Moves: ALDOI Names Tompkins Consumer Services Manager
The Alabama Department of Insurance named Stephanie Tompkins manager of the department’s Consumer Services Division, succeeding Dusty Smith, who was promoted to be deputy commissioner for insurance regulation. Tompkins has 25 years of experience in the insurance business and regulation, …
POSTED APRIL 07, 2026 2:15 PM |
West News Archives - Insurance Journal
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 |
People Moves: Lockton Expands California Footprint in Life Sciences
Lockton has expanded its presence in California across the evolving life sciences sector, hiring Cristina Varner as senior vice president and life sciences practice leader for the West region. Varner has more than 25 years of experience in the life …
POSTED APRIL 02, 2026 5:00 AM |
California Drought, Wildfire Risks Grow as Snow Falls Short
California is heading into its dry season with just a fraction of the snow it typically has across its highest peaks at the end of its winter months, raising the prospects of drought across the most populous U.S. state. Statewide, …
POSTED APRIL 02, 2026 5:00 AM |
Viewpoint: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …
POSTED APRIL 01, 2026 5:00 AM |
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