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News Archives - Insurance Journal
Despite Risk, Speeding Becoming Normalized AAA Study Finds
A new study suggests that some drivers feel speeding is okay despite the risks, according to the AAA Foundation for Traffic Safety (AAAFTS). While most drivers agreed that posted speed limits are appropriate, many also considered driving 10 mph over …
POSTED AUGUST 24, 2026 2:33 PM |
Highest-Ever Ocean Temperature Measured as Super El Niño Forms
Scientists have recorded the highest temperature ever measured in the world’s oceans, as climate change combines with a powerful El Niño in the tropical Pacific.The global average sea-surface temperature hit a record 21.1C (70F) on Aug. 22, according to Europe’s …
POSTED AUGUST 24, 2026 2:19 PM |
Register: Risky Future AI Tools for Insurance BPO & Consulting ‘Demo Day’ on August 26
Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. This event spotlights AI solutions that focus …
POSTED AUGUST 24, 2026 2:01 PM |
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US
USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District …
POSTED AUGUST 24, 2026 1:49 PM |
Miami Restaurateur, Telemundo Station President Killed in Kenya Helicopter Crash
The family of a Miami restaurateur say they are “devastated and heartbroken” after he and six others were killed by a safari helicopter crash in a remote part of northern Kenya. A helicopter crashed Wednesday morning while flying from the …
POSTED AUGUST 24, 2026 1:17 PM |
Jury Says NYTimes Defamed Alabama Basketball Player, Awards $9.5M
An Alabama jury on Thursday awarded $9.25 million in damages after finding that The New York Times defamed a college basketball player by incorrectly reporting that he was at the scene of a fatal shooting in Tuscaloosa. Kai Spears, who …
POSTED AUGUST 24, 2026 1:01 PM |
Germany Says Weapons Cache Points to Hybrid Attack Plans
Germany’s top security official confirmed the discovery of a cache of weapons on the outskirts of Berlin and said authorities are investigating the possible involvement of foreign security agents in a range of planned attacks. The revelation by Interior Minister …
POSTED AUGUST 24, 2026 1:01 PM |
Former Virginia Insurance Agent Pleads Guilty to Fraud
A former Virginia insurance agent pled guilty last week to wire fraud related to a scheme to pocket the premiums he was paid for policies he sold. According to court documents, Thomas Robert Hoyt, of Melfa, told certain clients to …
POSTED AUGUST 24, 2026 12:16 PM |
KPMG Australia to Fire Hundreds of Workers as Crisis Deepens
Scandal-plagued KPMG Australia is cutting almost 400 jobs as it grapples with the fallout from allegations it misused confidential client information to win business and as demand for consulting services slows. The consultancy giant will reduce its workforce by about …
POSTED AUGUST 24, 2026 12:09 PM |
Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence — a phenomenon associated with bouts of hot, dry …
POSTED AUGUST 24, 2026 9:10 AM |
West News Archives - Insurance Journal
People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
Elsje Johnson joined Alliant Insurance Services as vice president within its employee benefits group. The Idaho-based consultant has more than 25 years of experience in the healthcare industry, including over a decade advising associations, large employers, and national accounts on …
POSTED AUGUST 24, 2026 5:00 AM |
California Cancels Talks With Paramount Over Warner Bros Merger, NYT Reports
This story has been updated. An earlier version had indicated Paramount and California state officials were set to meet on Monday to discuss a potential settlement path. California’s Attorney General Rob Bonta canceled a meeting with Paramount Skydance representatives scheduled …
POSTED AUGUST 24, 2026 5:00 AM |
Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
Hawaii’s Big Island is preparing for another round of flooding rain, roughly a week after Storm Lala washed out roads and damaged parts of the electrical grid. Another five to 10 inches of rain are expected through the weekend, with …
POSTED AUGUST 21, 2026 4:20 PM |
California Adopts Weaker Home Protection Rules as Wildfires Grow
A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they’re less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mandated by a 2020 …
POSTED AUGUST 20, 2026 3:23 PM |
Report Shows Growing Silicosis Epidemic Among Quartz Countertop Workers
Newswise — A new report documenting California’s rapidly growing silicosis epidemic among quartz countertop workers underscores the urgent need for a national effort focused on stronger surveillance, earlier diagnosis and policy interventions to protect workers from a preventable yet often …
POSTED AUGUST 20, 2026 5:00 AM |
Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million
RockRose Risk, a US insurance brokerage specializing in wildfire zones, raised $12.5 million in a Series A funding round that was co-led by Crosslink Capital and Congruent Ventures, with participation from asset manager Nuveen. The San Francisco-based startup serves commercial …
POSTED AUGUST 19, 2026 2:58 PM |
A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery
There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …
POSTED AUGUST 19, 2026 5:00 AM |
Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins
Meta Platforms Inc. is headed to court Tuesday for a high-stakes showdown with a coalition of state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. In a case that …
POSTED AUGUST 18, 2026 1:47 PM |
Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Oahu, potentially bringing nearly three feet of rain and damaging winds to parts of the state Sunday after narrowly missing landfall. The …
POSTED AUGUST 18, 2026 7:00 AM |
Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire
Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities. FortressFire will operate as an independent, wholly owned division of Johnston, Rhode Island-based FM and will continue its work to …
POSTED AUGUST 18, 2026 5:00 AM |
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