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News Archives - Insurance Journal
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
California homeowners pay 41% below the national average for homeowners insurance, a study from LendingTree shows. LendingTree’s State of Home Insurance: 2026 report, which is based on rates publicly sourced from insurer filings, shows California homeowners paid an average of …
POSTED JUNE 18, 2026 2:00 PM |
People Moves: Fortegra, Alabama DOI Put New Faces in Key Roles
Fortegra Group, the Jacksonville-based parent company of specialty insurers, named Anthony Katz, a longtime actuary, as senior vice president for reserving. Katz will lead Fortegra’s team of actuaries, overseeing reserving, credit insurance, statistical reporting and compliance with the new IFRS …
POSTED JUNE 18, 2026 1:57 PM |
World Insurance Adds Wolpert Agency of Massachusetts
Global insurance broker World Insurance Associates reported that it recently bought the business of Wolpert Insurance Agency of Worcester, Massachusetts. Terms of the October 1, 2025 transaction were not disclosed. Wolpert was established in 1956. It is known for its …
POSTED JUNE 18, 2026 1:38 PM |
First Tankers Cross Strait Under Iran Deal; Israeli Strikes Raise Doubt in Lebanon
Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz on Thursday, hours after U.S. President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies. But in …
POSTED JUNE 18, 2026 1:31 PM |
RSUI CEO McCrorie to Retire in 2027; Whittington to Become CEO
Specialty insurer RSUI announced that Chairman and Chief Executive Officer Phillip McCrorie will step down as CEO at year-end 2026, concluding a career spanning nearly 40 years in the insurance industry. He will remain RSUI’s executive chairman through the first …
POSTED JUNE 18, 2026 1:14 PM |
Waymo Recalls Thousands of Robotaxis Over Risk of Entering Construction Zones
Alphabet self-driving unit Waymo is recalling nearly 3,900 robotaxis in the U.S. because a software issue could cause the vehicles to enter a closed freeway construction zone and continue driving. It is the second recall by Waymo in just over …
POSTED JUNE 18, 2026 12:51 PM |
Zurich’s Planned £8.1B Acquisition of Beazley Gets Regulatory Nod in Australia
Zurich Insurance Group’s proposed £8.1 billion (US$10.8 billion) acquisition of Lloyd’s insurer Beazley plc has received approval from Australia’s regulatory watchdog. The Australian Competition and Consumer Commission (ACCC) announced on June 17 that the acquisition “may be put into effect” …
POSTED JUNE 18, 2026 12:46 PM |
Accused Insurer CEO Killer Mangione Could Face Hurdles With Mental Health Defense
Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts said. Mangione is accused …
POSTED JUNE 18, 2026 11:56 AM |
Bulgarian Surveillance Firm Circles Sold Phone Spy Tools to Repressive States: Report
A Bulgaria-based company sold controversial surveillance technology to governments in countries with records of repression, enabling authorities to track mobile phones and eavesdrop on private communications, according to documents obtained by Human Rights Watch. The surveillance firm Circles offered tools …
POSTED JUNE 18, 2026 9:34 AM |
Capital Factory CEO Killed in Private-Jet Crash in Texas
Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported. Baer, a major player in the Texas technology and startup space, was …
POSTED JUNE 18, 2026 9:00 AM |
West News Archives - Insurance Journal
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
California homeowners pay 41% below the national average for homeowners insurance, a study from LendingTree shows. LendingTree’s State of Home Insurance: 2026 report, which is based on rates publicly sourced from insurer filings, shows California homeowners paid an average of …
POSTED JUNE 18, 2026 2:00 PM |
People Moves: Ward Joins Alliant Insurance Services Benefits Team as SVP; Delos Appoints Cammet Chief Product Officer
Ward Joins Alliant Insurance Services Benefits Team as SVP Brandon Ward joined Alliant Insurance Services as senior vice president within its employee benefits group. Ward has a background working with technology companies, venture-backed businesses and growth-stage organizations. His experience includes …
POSTED JUNE 18, 2026 5:00 AM |
Zurich Files Growth Plan Under California Sustainable Insurance Strategy
Zurich is committing to expand its property coverage availability in areas designated as distressed in California in a new filing. Zurich U.S. submitted a commercial property insurance rate filing in California under the state’s Sustainable Insurance Strategy, an effort by …
POSTED JUNE 18, 2026 5:00 AM |
Patagonia Sues Pattie Gonia, A Drag Performer in Oregon With An Enviro Message
Days before the beginning of Pride Month in June, a glamorous drag queen with long, wavy red hair, a matching mustache and carabiner earrings stared into a camera and levied a strong accusation against a famous sustainable outdoors apparel brand: …
POSTED JUNE 17, 2026 2:47 PM |
DOJ Accuses UC Davis School of Medicine of Racial Discrimination in Admissions
The Justice Department’s Civil Rights Division announced last week that it found the University of California, Davis School of Medicine (Davis Med) discriminates based on race in its admissions process, violating a 2023 U.S. Supreme Court decision. The Justice Department …
POSTED JUNE 17, 2026 9:00 AM |
Washington Restaurants Ordered to Pay $750K in Back Wages
The U.S. Department of Labor has secured a federal consent judgment requiring four Washington-based restaurants to pay $750,000 in back wages and damages to 42 workers after an investigation uncovered minimum wage and overtime violations of the Fair Labor Standards …
POSTED JUNE 17, 2026 7:00 AM |
Lawsuit Dismissed of Ex-Yosemite Ranger Fired for Hanging Transgender Flag
A federal judge has dismissed a lawsuit brought by a former Yosemite National Park ranger who was fired after flying a giant transgender pride flag from a rock wall that looms over the California park’s main thoroughfare. U.S. District Judge …
POSTED JUNE 16, 2026 2:53 PM |
CVS Paying $36.5 Million for Overbilling Medi-Cal for Insulin Pens
CVS is paying $36.5 million for submitting false claims to the Medi-Cal program for excessive dispensing of insulin pens. A settlement pursued by California Attorney General Rob Bonta in collaboration with the United States Department of Justice with CVS Pharmacy, …
POSTED JUNE 16, 2026 5:00 AM |
Washington County Prosecuting First Insurance Fraud Case Under OIC Deal
A county with one of the highest volumes of insurance fraud cases in Washington has filed its first changes under a new agreement with the state’s insurance regulator. The Pierce County Prosecuting Attorney’s Office filed insurance fraud charges in Pierce …
POSTED JUNE 16, 2026 5:00 AM |
Tugboat in California Closes $3M Seed Round to Expand Claims Support
Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …
POSTED JUNE 15, 2026 1:01 PM |
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