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News Archives - Insurance Journal
First Solar Drops ITC Patent Case, Shifts Focus to Lawsuits Against Rivals
U.S. solar panel maker First Solar Inc said on Sept. 16 it would withdraw a patent infringement complaint before the U.S. International Trade Commission and instead focus on pursuing lawsuits in federal court against rivals over a leading solar technology. …
POSTED SEPTEMBER 17, 2026 5:28 AM |
House Committee Advances to Curtail CFPB’s Insurance Regulation
The U.S. House Financial Service Committee on Sept. 16 advanced a bill to limit the authority of the Consumer Financial Protection Bureau, which the insurance industry said has crept over the years into insurance regulation. Within the Consumer Financial Protection …
POSTED SEPTEMBER 17, 2026 5:13 AM |
OpenAI’s Rogue Agents Probed Hugging Face for 2 Months Before Major Hack
Rogue AI agents from OpenAI hijacked Hugging Face user accounts and probed the site itself for vulnerabilities as early as May, nearly two months before the July breach of the open-source repository drew global attention, according to researchers who reviewed …
POSTED SEPTEMBER 17, 2026 5:06 AM |
Florida Condo Manager, Contractor Charged in Alleged $186,000 Kickback Scheme
A contractor and a south Florida condominium property manager have been charged in a kickback scheme. Richard Thomas Murray, 62, head of AP Construction Solutions, of Pompano Beach, was charged last week with providing $186,000 to Carlos Jose Mejia, property …
POSTED SEPTEMBER 17, 2026 5:01 AM |
US Tracking Cyber Threats Against Nearly 20 Ships Worldwide
US government agencies are tracking cyber threats against nearly 20 shipping vessels around the world, according to US officials familiar with the situation. The Coast Guard has asked for advance notice if any of those ships plan to come into …
POSTED SEPTEMBER 17, 2026 5:00 AM |
California Insurance Commissioner Proposes End to Marital Status Use in Auto Rates
California Insurance Commissioner Ricardo Lara is proposing changing regulations to prohibit insurance companies from using a driver’s marital status as an optional factor when setting private passenger automobile insurance rates. Related: California Governor Signs Act to Create Smoke Damage Presumption …
POSTED SEPTEMBER 17, 2026 5:00 AM |
New York Law Confirms Insurer Liability for Bad Faith Includes Third-Party Claims
New York law recognizes a claim against insurance companies for breach of the implied covenant of good faith and fair dealing, specifically where the insurance company’s handling of a claim frustrates the policy’s purpose and results in damages beyond the …
POSTED SEPTEMBER 17, 2026 5:00 AM |
Khalil Lawsuit Alleges Columbia University Failed to Protect Pro-Palestinian Activists
Palestinian activist Mahmoud Khalil sued Columbia University on Monday, alleging it failed to address harassment against him and other members of a pro-Palestinian campus group and retaliated against them when they reported it. The university’s “deliberate indifference” led to the …
POSTED SEPTEMBER 17, 2026 5:00 AM |
Arthur J. Gallagher Acquires Innovise Business Consultants
Arthur J. Gallagher & Co. acquired Englewood, Colorado-based McMillan Insurance & Bonding Inc., dba Innovise Business Consultants. The Innovise Business Consultants team, led by Jason McMillan, will relocate to Gallagher’s Denver office under the direction of Bret VanderVoort, head of …
POSTED SEPTEMBER 17, 2026 5:00 AM |
Radiant World Seeks $2 Billion From Glencore in Lawsuit
Iron ore trader Radiant World Corp and related companies have filed a lawsuit against commodities giant Glencore in Singapore’s High Court, seeking more than $2 billion in damages over allegations of fraud, breach of contract and conspiracy. A copy of …
POSTED SEPTEMBER 17, 2026 4:41 AM |
West News Archives - Insurance Journal
California Insurance Commissioner Proposes End to Marital Status Use in Auto Rates
California Insurance Commissioner Ricardo Lara is proposing changing regulations to prohibit insurance companies from using a driver’s marital status as an optional factor when setting private passenger automobile insurance rates. Related: California Governor Signs Act to Create Smoke Damage Presumption …
POSTED SEPTEMBER 17, 2026 5:00 AM |
Arthur J. Gallagher Acquires Innovise Business Consultants
Arthur J. Gallagher & Co. acquired Englewood, Colorado-based McMillan Insurance & Bonding Inc., dba Innovise Business Consultants. The Innovise Business Consultants team, led by Jason McMillan, will relocate to Gallagher’s Denver office under the direction of Bret VanderVoort, head of …
POSTED SEPTEMBER 17, 2026 5:00 AM |
TV News Helicopter Crash in Los Angeles Kills Three People
Three people were killed and one injured when a TV news helicopter crashed between two commercial buildings in the Chatsworth neighborhood of Los Angeles, the city’s fire department said. The helicopter was providing coverage for KNBC and Telemundo 52, the …
POSTED SEPTEMBER 16, 2026 1:59 PM |
Keystone Enters California With Acquisition of Infinity
Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
POSTED SEPTEMBER 16, 2026 5:00 AM |
Labor Commissioner Says California Crop Lien Law Helped Recover Farmworker Wages
An expanded crop lien law that strengthens existing farmworker protections and gives the California’s Labor Commissioner’s Office the ability to recover unpaid wages quickly was recently put in action. The LCO, which launched an investigation into wage-and-hour violations in May, …
POSTED SEPTEMBER 16, 2026 5:00 AM |
California Governor Signs Act to Create Smoke Damage Presumption
California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblymember Mike Gipson and sponsored by California Insurance Commissioner …
POSTED SEPTEMBER 15, 2026 4:56 PM |
Drug Maker Paying $32M to Resolve Kickbacks Law Violations in California
A drug maker is paying $32 million to settle allegations it violated kickback laws by paying Medicare beneficiary co-pays to encourage the buying of its drug, Oxervate. Dompé U.S. Inc., based in California, has agreed to settle the allegations that …
POSTED SEPTEMBER 15, 2026 5:00 AM |
People Moves: Richardson Named California DWC Administrative Director
The California Department of Industrial Relations swore in Nicole Richardson as administrative director of the Division of Workers’ Compensation on Sept. 1, following her appointment by Gov. Gavin Newsom. Richardson previously served as DWC’s acting administrative director and chief counsel. …
POSTED SEPTEMBER 15, 2026 5:00 AM |
Bamboo Insurance Targets $3.24 Billion Valuation in IPO
CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.24 billion on a fully diluted basis in its U.S. initial public offering, the company revealed in a filing on Monday. The Midvale, Utah-based company’s selling shareholders are seeking …
POSTED SEPTEMBER 14, 2026 2:07 PM |
Viewpoint: What Liability Trends in California Mean for the Rest of the Country
For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …
POSTED SEPTEMBER 14, 2026 5:00 AM |
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