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News Archives - Insurance Journal
Consumers Sue Amazon for Not Refunding Trump Tariff Costs
Amazon.com Inc was sued on Friday by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the U.S. Supreme Court later concluded had been unlawfully imposed by President Donald …
POSTED MAY 18, 2026 5:20 AM |
Snap, YouTube, TikTok Settle School Suit Targeting Social Media
Snap Inc., Google’s YouTube and ByteDance Ltd.’s TikTok reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a …
POSTED MAY 18, 2026 5:19 AM |
People Moves: Artificial Labs Appoints Joost to Lead US Expansion; Longbrook Names Sherry Head of Transactional Liability
Artificial Appoints Joost as President Leading US Expansion Artificial Labs (Artificial), headquartered in London, appointed Eric Joost as president, leading its U.S. expansion. Joost joins Artificial’s leadership team, supporting the overall business. He will be responsible for shaping the company’s …
POSTED MAY 18, 2026 5:08 AM |
Safepoint Exec Pay, Slide’s Stock Sell-Offs Getting Attention in Florida
When Tampa-headquartered Slide Insurance filed for an initial public offering in June 2025 and disclosed executive compensation topping $40 million, it triggered some sniping and some intense scrutiny of the Florida property insurance industry that continues a year later. In …
POSTED MAY 18, 2026 5:01 AM |
Study: California Workers’ Comp Claim Costs Continue to Rise
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
POSTED MAY 18, 2026 5:00 AM |
Viewpoint: ‘Big Tobacco’ Moment for Cannabis – What to Know About Murray v. Cresco
A massive 320-page class action complaint has the attention of the cannabis sector. The insurance professionals who underwrite it should also be paying close attention. The case, Murray et al. v. Cresco Labs Inc. et al., was filed on May …
POSTED MAY 18, 2026 5:00 AM |
Maine Mourns 27-Year-Old Firefighter Killed in Lumber Mill Explosion
A 27-year-old firefighter killed in a huge fire and explosion at a lumber mill in Maine’s midcoast region was honored Saturday, a day after the incident that injured at least 11 others. A memorial of flowers dedicated to Andrew Cross …
POSTED MAY 17, 2026 11:36 PM |
Walmart to Pay $230K in Illinois Disability Hiring Discrimination Settlement
Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …
POSTED MAY 15, 2026 4:06 PM |
Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …
POSTED MAY 15, 2026 3:37 PM |
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …
POSTED MAY 15, 2026 3:20 PM |
West News Archives - Insurance Journal
Study: California Workers’ Comp Claim Costs Continue to Rise
California’s workers’ compensation system continues to experience moderate but persistent cost growth due to wage increases, labor market conditions, rising medical expenses and system complexity. Payments per claim in California’s workers’ comp system have risen steadily since 2021, according to …
POSTED MAY 18, 2026 5:00 AM |
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …
POSTED MAY 15, 2026 1:27 PM |
$1.3 Billion in Medicaid Money to California Deferred Over Suspicions of Fraud
Vice President JD Vance this week announced new steps in the Trump administration’s initiative to root out fraud in federal health programs, including a $1.3 billion deferral in Medicaid funding to California. “How long are people going to pay into …
POSTED MAY 15, 2026 5:00 AM |
Newsom’s California Budget Bolstered by Extra Cash from AI Boom
California Gov. Gavin Newsom unveiled a revised budget that shows no deficit for this year and next, as the state draws another boost from the technology and artificial-intelligence boom. The budget proposal released Thursday shows revenues that are $16.5 billion …
POSTED MAY 14, 2026 6:00 PM |
People Moves: Premier Group Insurance Announces Leadership Transition
As Premier Group Insurance (PGI) surpasses the $1 billion written premium milestone, the organization is making a clear and deliberate statement about its future. Alongside this achievement, Denver, Colorado-based PGI is unveiling a two-year leadership transition plan designed to position …
POSTED MAY 14, 2026 4:51 PM |
Denver Airport Security Missed Trespasser Killed By Plane on Runway
Workers at Denver airport missed a security breach by a man who scaled a perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said …
POSTED MAY 14, 2026 1:31 PM |
California Attorney General Looking into FIFA World Cup Ticketing Practices
California Attorney General Rob Bonta is looking into what he says are reports of misleading ticketing practices for the 2026 FIFA World Cup that are potential violations of California law. Bonta sent a letter to FIFA raising concerns about ticketing …
POSTED MAY 14, 2026 1:14 PM |
LP Acquires Benefits Consulting Practice of Van Noy Consulting Group in Nevada
LP Insurance Services acquired the employee benefits consulting practice of Van Noy Consulting Group in Nevada. The deal includes the addition of Terry Van Noy as an employee benefits consultant. Van Noy has more than five decades of leadership and …
POSTED MAY 14, 2026 5:00 AM |
California Suit Claims OpenAI Chatbot Gave Advice That Led to Fatal Overdose
The parents of a man who died of an accidental drug overdose last year sued OpenAI and its founder and CEO Sam Altman in a California court on Tuesday, alleging the man was coached to take a dangerous combination of …
POSTED MAY 13, 2026 1:42 PM |
Trucordia Acquires Assets of Richardson Insurance in Idaho
Trucordia has acquired the assets of Richardson Insurance in Idaho. Richardson Insurance is a personal and commercial lines firm based founded in 1988 by Randy Richardson. Lindon, Utah-based Trucordia is the group name for a group of companies that offers …
POSTED MAY 13, 2026 5:00 AM |
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