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News Archives - Insurance Journal
Fertilizer Firms See Profit Windfall as War Upends Supplies
Fertilizer makers are seeing a windfall from Iran’s war, highlighting the impact of the conflict’s upheaval on supply chains for the key crop nutrients. CF Industries Holdings Inc. and Nutrien Ltd. each reported nearly 20% jumps in sales for the …
POSTED MAY 08, 2026 4:10 PM |
People Moves: Novatae Names Voorhees as Managing Director of Personal Lines
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Brian Voorhees will be joining the company as its new managing director of personal lines. In this role, Voorhees will lead Novatae’s personal lines with responsibility for …
POSTED MAY 08, 2026 4:03 PM |
US Opens Probe Into Start-Up Avride Self-Driving Crashes in Texas
The National Highway Traffic Safety Administration said Friday it is opening an investigation in a series of crashes of start-up Avride autonomous vehicles that raised questions about the competency of the vehicles. NHTSA said the vehicles’ performance may indicate inappropriate …
POSTED MAY 08, 2026 3:59 PM |
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less
Florida’s governor has signed House Bill 803 into law, dropping building permit requirements for construction work valued at $7,500 or less. The law takes effect July 1. “A local government that issues building permits shall exempt an owner of a …
POSTED MAY 08, 2026 3:43 PM |
Strait of Hormuz Transits Halted Since Tuesday as US, Iran Clash
The Strait of Hormuz remains effectively closed to commercial shipping after the US and Iran clashed overnight near the waterway, attacking each other’s assets in the area. US forces targeted missile and drone launch sites and other military assets in …
POSTED MAY 08, 2026 3:09 PM |
Nissan Cancels Plan to Build Electric SUVs at Mississippi Plant
Nissan Motor Co. is canceling plans to make a pair of fully electric SUVs at a factory in the US, citing waning demand among American consumers for all-electric vehicles. The decision, which was relayed Thursday to dealers and parts suppliers …
POSTED MAY 08, 2026 2:59 PM |
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction
As the Sackler family worked through a plan to pay $6.5 billion to resolve their liability over Purdue Pharma LP’s production of addictive opioids, the epidemic hit even closer to home. Joss Sackler, the wife of former Purdue board member …
POSTED MAY 08, 2026 2:54 PM |
Florida Contractors Sentenced in Decade-Long Scheme to Avoid Taxes, Workers’ Comp
Two Orlando contractors have been sentenced to at least two years in federal prison after orchestrating a decade-long scheme to pay workers off the books and avoid taxes and workers’ compensation insurance premium payments. Rene Maricio Escobar, 55, and Juana …
POSTED MAY 08, 2026 2:36 PM |
Multiple Colleges Hit by Disruptions After Canvas Service Hack
Hackers briefly took down an online portal used by thousands of colleges around the world this month, disrupting services at institutions from Harvard to Princeton. Instructure Inc., which runs the Canvas service used by students to take tests and get …
POSTED MAY 08, 2026 2:35 PM |
FEMA Council Backs Overhaul of Disaster Response
President Donald Trump’s task force for reforming the Federal Emergency Management Agency on Thursday recommended sweeping changes to how the federal government responds to natural disasters. The recommendations, finalized at a council meeting in Washington, include reassessing FEMA staffing, rethinking …
POSTED MAY 08, 2026 2:23 PM |
West News Archives - Insurance Journal
After LA Wildfires, Clergy Crossed Denominational Lines to Help
Rabbi Amy Bernstein says the wind-whipped fire in January 2025 that scorched much of the Pacific Palisades, destroying her home and damaging her synagogue, “blew everything open” for the community’s faith leaders. “If our hearts must break, let them break …
POSTED MAY 08, 2026 12:38 PM |
California AG Settles with Aspen Dental for $2M Over False Advertising
A dental services provider is paying more than $2 million to settle charges of false advertising by California Attorney General Rob Bonta. Bonta’s office reached a settlement with Aspen Dental Management Inc. for engaging in false and misleading advertising. Aspen …
POSTED MAY 08, 2026 5:00 AM |
California Teens See Cannabis as Safer Than Alcohol, Vapes and Cigarettes
Newswise — Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert Wertheim …
POSTED MAY 07, 2026 5:10 PM |
States Across Wildfire-Prone West Are Using AI for Early Detection
On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of …
POSTED MAY 07, 2026 5:00 AM |
Slide Insurance Expands Homeowners Coverage to California
Slide Insurance Holdings Inc. is expanding into California with a residential property excess and surplus lines program. The company said its entry into the California market us consistent with its strategic timeline. Related: California Taking Action Against State Farm Over …
POSTED MAY 07, 2026 5:00 AM |
Pacific Hurricane Season Brings Higher Risk of Impacts for Hawaii, SoCal, Mexico
Exceptionally warm waters and a developing El Niño will increase the risk of direct hurricane impacts in Hawaii, Southern California and parts of Mexico this year, according to an AccuWeather analysis out on Wednesday. The forecast shows the Eastern and …
POSTED MAY 06, 2026 1:32 PM |
Bird Flu May Spread Through Air on California Dairy Farms, Study Finds
Air and wastewater may help spread bird flu on California dairy farms, according to a study that points to more transmission routes than previously understood. Researchers sampling 14 infected farms found the H5N1 virus in the air during milking, in …
POSTED MAY 06, 2026 5:00 AM |
DOJ Files Statement of Interest in California Fire Insurance Case
The Department of Justice filed a Statement of Interest in a lawsuit filed against State Farm by homeowners who lost their homes in the January 2025 Los Angeles wildfires. The case, Ferrier v. State Farm Fire and Casualty Company, is …
POSTED MAY 06, 2026 5:00 AM |
A Quiet Alaska Fault Is Missing The Fluids Scientists Expected
Not all earthquake faults behave the same. Some stick and snap, causing earthquakes. Others move slowly over time. For years, the leading explanation for slow-moving faults has been that high-pressure fluids along the fault lubricate it, allowing the slabs to …
POSTED MAY 05, 2026 1:32 PM |
Oregon Regulator Shuts Down Health Sharing Company’s ‘Unlicensed’ Insurance
Oregon regulators ordered a health sharing company to stop selling coverage to residents, saying the company’s membership plans were functioning as unlicensed insurance. ClearShare Health was ordered to stop selling coverage by the Oregon Division of Financial Regulation, which began …
POSTED MAY 05, 2026 5:00 AM |
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