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News Archives - Insurance Journal
Northeast States Sue Trump Administration Over Offshore Wind Farm Cancellation
Seven U.S. states led by New York sued the Trump administration on Tuesday for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel …
POSTED JUNE 02, 2026 6:01 PM |
Sentry to Sponsor PGA Tournament at Torrey Pines
Sentry Insurance will take over as the sponsor of the PGA Tour event at Torrey Pines Golf Course in San Diego, Calif. The tournament, which will be named The Sentry, will take place Jan. 27-30, 2027. The iconic Torrey Pines …
POSTED JUNE 02, 2026 4:51 PM |
Business Moves: WTW Buys Redefind to Boost Access to Crypto and Digital Asset Insurance Offering; ASR Agrees to Strategic Investment From PE Firm Vitruvian Partners
WTW Buys Redefind to Boost Access to Crypto, Digital Asset Insurance Insurance broker WTW announced it has acquisition of Redefind, an end-to-end web-based platform, designed to facilitate access to insurance products for crypto and digital assets. WTW said this investment …
POSTED JUNE 02, 2026 4:41 PM |
People Moves: Holmes Murphy Hires Cointment as Sr. Client Executive, Surety
Holmes Murphy announced that Chaz Cointment has joined the brokerage as a Sr. Client Executive, Surety. In this role, Cointment will be responsible for the development and management of client surety programs. His key focus will be to enhance and …
POSTED JUNE 02, 2026 4:13 PM |
ANV Acquires Texas’ SCIS
ANV, a global insurance intermediary platform, has successfully completed the acquisition of Specialty Comp Insurance Solutions from Specialty Program Group, a subsidiary of Hub International. SCIS is a Texas-based managing general agent specializing in tough-to-place monoline workers’ compensation insurance. The …
POSTED JUNE 02, 2026 4:09 PM |
People Moves: HUB Appoints Bloemers as National Chief Cross-Sell Officer
HUB announced the appointment of Kyle Bloemers as national chief cross-sell officer. The newly created role is part of HUB’s broader strategy to help deliver greater value to clients, drive new business generation and accelerate organic growth. Bloemers will spearhead …
POSTED JUNE 02, 2026 4:05 PM |
Florida’s Sypher Insurance Exchange Gets COA and a BBB Strength Rating
After more than two years of company-building and fundraising, Tampa-based Sypher Insurance Exchange has won its certificate of authority and a financial rating. The stamps of approval mark Sypher’s official entry into the market as the first property insurer with …
POSTED JUNE 02, 2026 3:56 PM |
Amazon’s Ring Sued Over Facial Recognition Feature
Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company’s Ring doorbell cameras at friends and family members’ homes collected and stored images of his face using facial recognition software. The …
POSTED JUNE 02, 2026 2:49 PM |
Shipper Escapes $41.9M Award for Man Paralyzed When Lights Fell From Pallet on Him
A worker who suffered serious injuries in 2017 after a 1,300-pound load of lighting fixtures fell onto him has lost the $41.9 million he was awarded by a jury in October 2022. The Connecticut Appellate Court this week overturned the …
POSTED JUNE 02, 2026 2:36 PM |
Anthropic Offers Mythos Model Access to 150 Additional Groups
Anthropic PBC is allowing 150 additional organizations around the world to access Mythos, an artificial intelligence model aimed at finding cybersecurity vulnerabilities that the company has said was too dangerous to make available to the general public. Anthropic plans to …
POSTED JUNE 02, 2026 2:10 PM |
West News Archives - Insurance Journal
Sentry to Sponsor PGA Tournament at Torrey Pines
Sentry Insurance will take over as the sponsor of the PGA Tour event at Torrey Pines Golf Course in San Diego, Calif. The tournament, which will be named The Sentry, will take place Jan. 27-30, 2027. The iconic Torrey Pines …
POSTED JUNE 02, 2026 4:51 PM |
California Suing Former 23andMe Firm for 2023 Data Breach
California Attorney General Rob Bonta filed a lawsuit against the DNA company formerly known as 23andMe for failing to protect consumer data. Bonta sued Chrome Holding Co., formerly known as 23andMe, for failing to protect its customers’ personal information and …
POSTED JUNE 02, 2026 1:18 PM |
Report Calls for Transparency, Modernization of Washington Fire Scoring Bureau
Lack of transparency in property protection classifications from a state rating bureau is one of the biggest concerns from people involved with fighting fires in Washington, a new report from the Washington state Office of the Insurance Commissioner shows. The …
POSTED JUNE 02, 2026 5:00 AM |
California Overhauls Carbon Market Over Affordability Concerns
California has become the latest Democratic-led state to retreat on climate goals amid affordability concerns as regulators Friday revamped its carbon market to ease costs to the oil industry. The California Air Resources Board (CARB) voted to give up as …
POSTED JUNE 01, 2026 1:12 PM |
Southern California Property Fight That Hit Several Banks Spurs $1.34B Award
A years-long dispute over a portfolio of commercial properties in Southern California that sparked credit concerns at several banks last year has led to a roughly $1.34 billion arbitration award. Real estate owner Mohammad Honarkar was “fraudulently induced” into doing …
POSTED JUNE 01, 2026 5:00 AM |
San Francisco Rents Spike 22% in a Year, Far Outpacing Other US Cities
In San Francisco’s latest real estate boom, renters are paying cash up front, multimillion-dollar houses are selling auction-style and AI company stock can buy a sprawling hilltop estate. It’s a reflection of the new wave of wealth from the artificial …
POSTED JUNE 01, 2026 5:00 AM |
Insurance Platform Corgi Valued at $2.6B in Funding Round
AI insurance platform Corgi said on May 28 it raised $106 million in a funding round led by investment firm TCV that valued it at $2.6 billion. The funding round underscores strong investor appetite for startups using artificial intelligence to …
POSTED JUNE 01, 2026 5:00 AM |
Number of Deaths Rises in Washington Paper Mill Explosion
At least eight people are confirmed dead, and authorities believe there are three more bodies they have yet to reach at the site of the paper mill explosion in Longview, Washington. Two people had previously been pronounced dead, bringing the …
POSTED MAY 29, 2026 1:48 PM |
California Drivers Arraigned for Insurance Fraud in Staged Crash Scheme
Four Southern California drivers were arraigned in an alleged staged collision scheme tied to coordinated insurance fraud. The collisions reportedly endangered an innocent driver. The defendants are: Jhoiner Rodriguez Celis, 31, of Anaheim; Melissa Cervantes De La Torre, 30, of …
POSTED MAY 29, 2026 5:00 AM |
Justice Department Sues University of California for Antisemitic Environment
The Department of Justice filed a lawsuit against the University of California for what it says is discrimination against Jewish and Israeli students at its University of California Los Angeles campus. The suit says the environment on the UCLA campus …
POSTED MAY 29, 2026 5:00 AM |
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