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News Archives - Insurance Journal
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in global real-time catastrophe and conflict event analysis. Financial details of the transaction, which was …
POSTED JULY 29, 2026 4:27 PM |
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026
Brown & Brown anticipates that the cost of the Howden-driven talent war for the full-year 2026 could hit $60 million – an increase from the $31 million it estimated last quarter. “Based on currently available information, we anticipate the full-year …
POSTED JULY 29, 2026 4:00 PM |
Relation Acquires Wisconsin’s Mid-State Insurance
Relation Insurance Services announced their acquisition of the assets of Mid-State Insurance. The transaction went into effect on March 31, 2026; terms of the transaction were not disclosed. Founded in 1986 as an independent life and health agency in Milwaukee’s …
POSTED JULY 29, 2026 3:48 PM |
DoorDash Is Building Its Own Delivery Drones, Gains FAA Nod for Commercial Service
DoorDash Inc. is building its own delivery drones and has gained the necessary approvals to operate them commercially, the latest in its effort to delegate more orders to robots as a way of cutting delivery times. DoorDash, the largest food-delivery …
POSTED JULY 29, 2026 3:48 PM |
Ventura County DA Gets $900,000 to Combat Workers’ Comp Fraud
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, …
POSTED JULY 29, 2026 2:57 PM |
OpenAI Models Accessed Cloud Platform Before Hugging Face Hack
The OpenAI models that hacked the startup Hugging Face Inc. this month also gained access to a customer account on the cloud platform Modal and used it to launch attacks, underscoring the broad scope of the incident. The agent gained …
POSTED JULY 29, 2026 2:48 PM |
Cost of a Data Breach Reaches Record $5 Million on Average
Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking …
POSTED JULY 29, 2026 2:24 PM |
Two Killed in ‘Extensive’ Flash Flooding in West Virginia
Two people have died in flash floods caused by torrential rains in West Virginia last week, the governor’s office said. An emailed statement from Lars Dalseide, communications director for Gov. Patrick Morrisey, did not provide details on where the bodies …
POSTED JULY 29, 2026 2:03 PM |
Markets/Coverages: CFC Brings Affirmative AI Cover to Media Companies; Lockton Launches Global Data Centers & Digital Infrastructure Practice
CFC, the specialist insurance provider, announced the introduction of affirmative AI coverage within its media policy, effective July 30. The update forms part of CFC’s wider program to embed affirmative AI coverage across its portfolio, ensuring customers have clear, explicit …
POSTED JULY 29, 2026 1:28 PM |
Viewpoint: French Climate Lawsuit Offers Window Into Next Round of Global Legal Fight
A recent decision by a French court requires a major European oil and gas company to report not only its own climate-warming emissions and those of its contractors but also those of its customers, who burn the oil and petroleum …
POSTED JULY 29, 2026 1:19 PM |
West News Archives - Insurance Journal
Ventura County DA Gets $900,000 to Combat Workers’ Comp Fraud
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, …
POSTED JULY 29, 2026 2:57 PM |
Kin Launches Condo and Flood Insurance Options in California
Kin launched two new coverages for California homeowners — condo (HO6) insurance and a flood insurance add-on to Kin home insurance policies. The condo policies are designed to account for wildfire mitigation steps a homeowner has already taken — including …
POSTED JULY 29, 2026 5:00 AM |
Edison Rejects Blame for LA Fire Tied to Tower Idle Since 1971
Edison International’s Southern California utility is urging a Los Angeles judge not to find the company liable for property damages from a 2025 Los Angeles wildfire that destroyed more than 9,400 buildings. Southern California Edison argued in a court filing …
POSTED JULY 28, 2026 2:45 PM |
Formula 1 Parent Reaches $3M Settlement in Las Vegas Grand Prix Tickets Suit
Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session …
POSTED JULY 28, 2026 1:56 PM |
Police Detained 15-Year-Old After Deadly Shooting in Seattle
Seattle Mayor Katie Wilson said police detained a 15-year-old suspect after a Sunday shooting in which three people were killed and others were wounded. At least two people exchanged gunfire at the event, Wilson said in a news conference Monday …
POSTED JULY 28, 2026 5:00 AM |
A Third of Americans Swelter as Summer Heat Tests Power Grid
More than a third of Americans are facing a scorching heat that threatens to topple temperature records and stress power grids as homeowners and businesses crank up air conditioners to seek relief. More than 134 million people are under some …
POSTED JULY 27, 2026 3:55 PM |
Why Wildfires Pose Multiple Threats to US West Power Sector: Maguire
For years, wildfire season was largely viewed as a threat to homes, forests and utility infrastructure in the American West. But as smoke from fires blankets large swaths of the country, it is becoming something else too: a power-sector challenge. …
POSTED JULY 27, 2026 5:00 AM |
People Moves: Lara Appoints California Statewide Advisory Board Members
California Insurance Commissioner Ricardo Lara made several appointments and reappointments to the California Department of Insurance’s statewide governing boards. These include naming newly appointed members Andrea Hecht and Jim Taylor to the California Insurance Guarantee Association (CIGA) Board of Governors …
POSTED JULY 27, 2026 5:00 AM |
WCIRB: California Comp Premium Leveled off, But CT Claims Frequency Rose
California workers’ compensation premium growth leveled off as rates stabilize, but rising cumulative trauma claims continue to drive claim frequency higher, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its 2026 State of the System …
POSTED JULY 24, 2026 5:00 AM |
PG&E’s Data Center Pipeline Surges in Second Quarter
PG&E Corp. reported a 7.6-gigawatt increase in its data center pipeline during the second quarter as the artificial intelligence build-out gains momentum. The California utility’s pipeline of proposed data center projects totaled 12.7 gigawatts at the end of June, up …
POSTED JULY 24, 2026 5:00 AM |
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