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News Archives - Insurance Journal
Low Rhine River Levels Disrupt German Industry
German companies are reporting growing disruption from Rhine water levels that have hit record lows, with chemical producers, utilities, steelmakers and agricultural traders warning of higher costs, transport bottlenecks and curbed production. While Germany has not yet suffered the widespread …
POSTED AUGUST 13, 2026 11:35 AM |
Russia Eyeing Sabotage, Other Attacks in Europe, Officials Warn
Russia may escalate attacks against the Baltic States and Poland, a European intelligence official said, amid rising concern that Moscow wants to further intimidate nations supporting Ukraine. There are indications that Russian intelligence and security services are looking at so-called …
POSTED AUGUST 13, 2026 9:37 AM |
UK’s Ambrey Engaged in Salvage of Stricken Tanker Caroline Bezengi off Omani Coast
British maritime security company Ambrey said on Thursday it has been engaged in the salvage of the stricken tanker Caroline Bezengi off the Omani coast and that salvage vessels are en route to support the operation. The Caroline Bezengi tanker, …
POSTED AUGUST 13, 2026 9:23 AM |
Iran Battles Oil Spill Near Key Persian Gulf Island of Qeshm
Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the Persian Gulf. Satellite images show a dark, elongated trail in waters off the coastal village of Shib Deraz — a …
POSTED AUGUST 13, 2026 9:09 AM |
Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers
Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. Gig workers will be paid at least …
POSTED AUGUST 13, 2026 8:37 AM |
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a “fragmented phase.” Nationally, the US effective approved homeowners rate change declined from about …
POSTED AUGUST 13, 2026 5:13 AM |
Atlanta Airport Taps Munis for $1.1 Billion Mega Bond Sale
The world’s busiest airport is coming to market with a more than $1 billion municipal bond sale, boosting issuance in the lagging airport sector. Atlanta’s borrowing will help finance infrastructure improvements at the Hartsfield-Jackson Atlanta International Airport, a cornerstone hub …
POSTED AUGUST 13, 2026 5:02 AM |
WV Fire Commission Has Failed to Make Plan to Address High Fire Death Rate
West Virginia is one of the deadliest states for house fires, killing an average of 32 people per year between 2009 and 2023. An audit of the State Fire Commission in December of 2025 noted that the commission hadn’t compiled …
POSTED AUGUST 13, 2026 5:02 AM |
Amynta Group Buys Virginia-Based Southern States Underwriters MGU
Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond, Virginia. The underwriter and agency are the insurance operations of Southern States …
POSTED AUGUST 13, 2026 5:01 AM |
People: Rivera Named President of FSLA at Convention
The Florida Surplus Lines Association installed its new officers and directors this week at what the association said was a record-breaking annual convention in St. Petersburg. “Our industry plays a vital role in helping Florida businesses and consumers find coverage …
POSTED AUGUST 13, 2026 5:01 AM |
West News Archives - Insurance Journal
Green Shield Expands Non-Admitted High-Value HO Program to California and Colorado
A specialty homeowners program serving high-value homeowners is coming to California and Colorado. Green Shield Risk Solutions is expanding its Guardian Elite Home, a non-admitted homeowners program for affluent primary and secondary residences, in California and Colorado. The rollout is …
POSTED AUGUST 13, 2026 5:00 AM |
Inszone Insurance Acquires Two Fong’s in California
Inszone Insurance Services acquired Two Fong’s Inc in California. Founded in 1982 and acquired by its current leadership, Al and Pete Fong, in 2000, Two Fong’s has maintained a presence across the Bay Area, specializing in commercial property and lessor’s …
POSTED AUGUST 12, 2026 5:00 AM |
Edison Judge Balks at Holding Utility Liable for LA Wildfire
Insurance companies lost a bid to hold Edison International’s Southern California utility liable for a massive Los Angeles-area wildfire without a trial. Superior Court Judge Laura Seigle on Tuesday tentatively denied a request to put Southern California Edison on the …
POSTED AUGUST 12, 2026 5:00 AM |
Montana Auditor Suspends Producer License of Bail Bondsman Accused of Exploitation
Montana State Auditor James Brown suspended the insurance producer license of a bail bondsman accused of exploiting people under his supervision, including trading services for sex and allegedly taking possession of vehicle titles without proper documentation, authorization or timely return …
POSTED AUGUST 11, 2026 5:00 AM |
Oregon Scam Targeting Spanish-Speaking Injured Workers May Include Fake Judges
A sophisticated scam targeting Spanish-speaking injured workers is ongoing in Oregon, authorities are warning. The Oregon Department of Consumer and Business Services is warning people the scam targeting Spanish-speaking injured workers in Oregon and around the country involves workers being …
POSTED AUGUST 11, 2026 5:00 AM |
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat
Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver’s seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and …
POSTED AUGUST 10, 2026 2:25 PM |
Body Found in California Home Burned by Wildfire Believed Started by Chain Saw
A dead body was found inside a central California home burned by a wildfire that investigators believe was accidentally started by sparks from a chain saw, authorities said last week. Herbert Wayne Smith, 65, was arrested in connection with the …
POSTED AUGUST 10, 2026 5:00 AM |
Meta Ordered to Pay $567 Million In New Mexico for Teen Mental Health Fund
A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children’s wellbeing. Judge …
POSTED AUGUST 07, 2026 8:03 PM |
Washington Arson Suspect Timed Fire for High Wind Day
The 37-year old man suspected of starting one of the fires burning around Spokane, Washington told a detective that he planned the arson attack for Sunday to coincide with a “high winds” day, according to court documents. That blaze was …
POSTED AUGUST 07, 2026 12:55 PM |
California Sees Second Straight Year of Vehicle Theft Declines
California recorded its second straight year of declining vehicle thefts last year, the California Highway Patrol is reporting. According to the CHP’s, thieves stole roughly 133,000 vehicles in California in 2025, which represents a 25% decrease from the 176,230 vehicles …
POSTED AUGUST 07, 2026 5:00 AM |
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