News Center
News Archives - Insurance Journal
State Farm Files for 6.2% Auto Rate Reduction in California
State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%. The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California Department of Insurance. State …
POSTED NOVEMBER 20, 2025 7:09 PM |
Another Fire Ignites at Ford Aluminum Supplier Novelis in New York
Another fire ignited on Thursday at Novelis’ aluminum plant in Oswego, New York, that supplies Ford’s lucrative F-150 truck line, about two months after a blaze halted much of the facility’s production. Ford in October cut its profit forecast, citing …
POSTED NOVEMBER 20, 2025 5:39 PM |
Florida Congresswoman Indicted on Charges of Misusing $5M in FEMA Funds
A federal grand jury in Miami has indicted U.S. Rep. Sheila Cherfilus-McCormick and others, charging that they used federal disaster relief funds for her 2021 Congressional campaign. Federal prosecutors said Cherfilus-McCormick, 46, and her brother, Edwin Cherfilus, 51, of Miramar, …
POSTED NOVEMBER 20, 2025 4:31 PM |
People Moves: IQUW Taps Munich Re’s Gregory as Reinsurance Underwriter; The Fidelis Partnership Names Dlugosch From Swiss Re as Group Head of Aviation
This edition of International People Moves details appointments at IQUW and The Fidelis Partnership. A summary of these new hires follows here. IQUW Taps Gregory From Munich Re as Underwriter in London Reinsurance Team Specialty insurer and reinsurer IQUW announced …
POSTED NOVEMBER 20, 2025 4:19 PM |
Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline
Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its largest markets, leading to a 16% drop in its stock price after the coffee chain revealed the unexpected weakness. In …
POSTED NOVEMBER 20, 2025 4:11 PM |
Trucordia Acquires Eberle Insurance in Arkansas
Trucordia acquired Eberle Insurance in Arkansas. Eberle Insurance is an independent insurance agency serving Sherwood and the greater Central Arkansas region, including nearby Little Rock. Trucordia is the group name for an insurance brokerage headquartered in Lindon, Utah. The firm …
POSTED NOVEMBER 20, 2025 4:10 PM |
Insurance IPOs Hit 20-Year High on Wall Street
Insurance companies’ first-time share sales on Wall Street hit a 20-year high this year as investors flocked to firms that were insulated from U.S. President Donald Trump’s trade war. Predictable cash flows and resilient business model gave private equity firms …
POSTED NOVEMBER 20, 2025 3:54 PM |
Florida Takes Steps to Put Recreational Marijuana on the Ballot Next Year
Florida elections officials have taken early steps under pressure from activists to advance a proposed initiative to legalize recreational marijuana to next year’s ballot, legal filings show. The procedural move comes after the campaign behind the issue, Smart & Safe …
POSTED NOVEMBER 20, 2025 3:51 PM |
Belgian Farmer Sues French Energy Giant for Damage Caused by Climate Change
A Belgian farmer is facing off against oil giant TotalEnergies in court on Wednesday, arguing the French company should pay for damage caused by climate change, in the latest lawsuit by environmental activists against big energy companies. Ahead of the …
POSTED NOVEMBER 20, 2025 3:46 PM |
Zurich, Arrowsight Camera-Coaching Pilot Slashes NYC Workers’ Compensation Claims
A three-year pilot program using video surveillance and coaching at New York City construction sites led to enhanced job safety and a more than 50% drop in workers’ compensation claims frequency. According to insurer Zurich North America, Zurich Resilience Solutions …
POSTED NOVEMBER 20, 2025 3:45 PM |
West News Archives - Insurance Journal
State Farm Files for 6.2% Auto Rate Reduction in California
State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%. The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California Department of Insurance. State …
POSTED NOVEMBER 20, 2025 7:09 PM |
Court Pauses California Law Requiring Companies to Report Climate-Related Financial Risk
A U.S. appeals court paused a California law set to take effect in January requiring large companies to report every two years on how climate change could hurt them financially. Another new law requiring major companies to annually disclose their …
POSTED NOVEMBER 20, 2025 2:57 PM |
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims
Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property owners that the …
POSTED NOVEMBER 20, 2025 6:00 AM |
CIG Says It Will Write More Policies in Fire-Impacted Paradise
Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …
POSTED NOVEMBER 20, 2025 6:00 AM |
Tesla Gets Permit to Run as Transportation Network Company in Arizona
Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like …
POSTED NOVEMBER 20, 2025 6:00 AM |
Amazon’s Zoox Launches Robotaxi Rides in San Francisco
Amazon’s self-driving unit Zoox opened its waitlist on Tuesday for users in San Francisco, offering free rides, just days after Alphabet’s Waymo said it will provide robotaxi rides in the same market. Zoox said it is inviting people to ride …
POSTED NOVEMBER 19, 2025 6:00 AM |
Digital MGA Honeycomb Insurance Expands to Colorado
Honeycomb Insurance has begun writing policies in Colorado. The digital managing general agency specializes in property/casualty coverage for landlords and condominium associations. The company’s underwriting platform evaluates properties individually using high-resolution imagery and technology. Honeycomb now operates across 20 states …
POSTED NOVEMBER 19, 2025 6:00 AM |
Business Groups Ask Supreme Court to Pause California Climate Reporting Laws
The U.S. Chamber of Commerce asked the Supreme Court to pause new California laws expected to require thousands of companies to report emissions and climate-risk information. The laws are the most sweeping of their kind in the nation, and a …
POSTED NOVEMBER 19, 2025 6:00 AM |
CVS Settles for $18.2M Over California False Claims Act Violations
CVS Pharmacy Inc. has settled alleged violations of the California False Claims Act with California Attorney General Rob Bonta and the United States Department of Justice. The settlement agreement requires CVS to pay $18.2 million. It resolves allegations that between …
POSTED NOVEMBER 18, 2025 2:42 PM |
Brockovich Group Sues Over LA Fire Alert Failure in 18 Deaths
A communications contractor for Los Angeles County was blamed in a lawsuit for 18 deaths in a January wildfire over its alleged failure to evacuate residents in the path of the inferno. Genasys Inc. was accused of “digital redlining” for …
POSTED NOVEMBER 18, 2025 6:00 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Premier Group Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|