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News Archives - Insurance Journal
Markets/Coverages: Fidelis Forms PVT Consortium for Rising Global Capacity Demand
Markets/Coverages: Fidelis Partnership Forms PVT Consortium for Rising Capacity Demand The Fidelis Partnership (TFP), the Bermuda-based managing general agent, announced the launch of the TFP PVT Consortium, which brings together leading Lloyd’s syndicates to deploy meaningful new capacity into the …
POSTED JUNE 05, 2026 2:59 PM |
US Races to Contain Deadly Screwworm Threat to Cattle Supply
The US Department of Agriculture is racing to contain the deadly New World screwworm after a case was detected in Texas, where a broader outbreak could threaten an already-small domestic cattle herd. The flesh-eating parasite was confirmed on Wednesday in …
POSTED JUNE 05, 2026 2:48 PM |
Shepherd Corrals Another SW Florida Agency—Responsive Insurance in Naples
Shepherd Insurance has continued its expansion in southwest Florida, this time with the acquisition of Responsive Insurance, an agency with offices in Estero and Naples, the company said this week. Matt Nance, owner of Responsive, and his team will stay …
POSTED JUNE 05, 2026 2:21 PM |
Georgia Commissioner’s Office Offers $10,000 Reward for Help on String of Arsons
The Georgia Insurance Commissioner’s office is offering a reward of as much as $10,000 for information leading to the culprit behind a vehicle fire, one of several suspicious fires in Cedartown in recent months. After local firefighters subdued the vehicle …
POSTED JUNE 05, 2026 1:57 PM |
Trump Admin Wants to Close Watchdog on West Virginia’s Chemical Disasters
After a chemical leak at the Ames Goldsmith plant in Kanawha County killed two workers and injured dozens more last month, federal investigators quickly arrived in West Virginia to begin piecing together what went wrong. Now, the federal agency tasked …
POSTED JUNE 05, 2026 1:40 PM |
Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs
Colorado Gov. Jared Governor Polis signed a bill into law that proponents say will lower the price of homeowners insurance in Colorado, Polis signed SB26-155, called Increase Access Homeowner’s Insurance Enterprise, designed to make it more affordable for residents to …
POSTED JUNE 05, 2026 1:32 PM |
LinkedIn China Spying Threat Prompts Warning From US, Allies
The US and its “Five Eyes” intelligence partners issued what they said was an unprecedented joint notice warning about attempts by Chinese spies to use websites such as LinkedIn to recruit assets. “China’s military intelligence services are using an increasingly …
POSTED JUNE 05, 2026 1:01 PM |
Allianz Is Said to Be in Advanced Talks to Buy Portuguese Insurer Caravela
Allianz SE is in advanced talks to buy Caravela Seguros after submitting an offer for the Portuguese insurer, according to people familiar with the matter. Allianz is currently discussing a potential acquisition of Caravela Seguros with company shareholders, said the …
POSTED JUNE 05, 2026 12:48 PM |
Renewals for Most Commercial Lines Decrease in May, Says Ivans
Year over year, average U.S. commercial premium renewals for May increased in all lines except workers’ compensation, according to the Ivans Index. However, month over month, commercial auto, business owners policy, general liability, and umbrella saw a decrease, while commercial …
POSTED JUNE 05, 2026 12:36 PM |
Howard Hughes Holdings Completes $2.1B Acquisition of Re/insurer Vantage Group
Vantage Group Holdings Ltd., the Bermuda-based specialty re/insurer, announced it has been successfully acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The all-cash acquisition of Vantage anchors HHH’s strategy to transform itself into a diversified holding company, …
POSTED JUNE 05, 2026 12:29 PM |
West News Archives - Insurance Journal
Colorado Governor Signs Law Aimed at Lowering Homeowners Insurance Costs
Colorado Gov. Jared Governor Polis signed a bill into law that proponents say will lower the price of homeowners insurance in Colorado, Polis signed SB26-155, called Increase Access Homeowner’s Insurance Enterprise, designed to make it more affordable for residents to …
POSTED JUNE 05, 2026 1:32 PM |
People Moves: Delos Names Schween CTO; Legner Joins Trucordia as Agriculture Platform Senior VP; XPT Specialty Names McEachern VP, Commercial Underwriter/Broker
Delos Appoints Schween CTO Delos Insurance Solutions has appointed Brian Schween to the role of chief technology officer. Schween has extensive technology experience in the insurance industry, having had several C-level roles in a variety of organizations. Currently operating in …
POSTED JUNE 05, 2026 5:00 AM |
Tesla Settles Some Worker Racism Claims as Bigger Trial Looms
Tesla Inc. reached an agreement to settle several workers’ claims alleging pervasive anti-Black racism at one of its California plants, while the company still faces a jury trial in a broader case brought by the state’s civil rights enforcement agency. …
POSTED JUNE 04, 2026 12:59 PM |
Environmental Brokers Busier Following Washington Chemical Plant Blast
In the weeks following the implosion of a massive tank at a Washington paper mill that killed 11 workers and spilled hundreds of thousands of gallons of chemicals, believed to be the deadliest industrial accident in state history, managers of …
POSTED JUNE 04, 2026 5:00 AM |
People Moves: Alliant Adds Ehrlich and Bender as EVPs in M&A Vertical
Alliant Insurance Services hired Joseph Ehrlich and Jackson Bender as executive vice presidents within its mergers and acquisitions (M&A) vertical. Based in New York, Ehrlich has experience advising private equity firms, family offices and strategic investors on complex transactional risk …
POSTED JUNE 04, 2026 5:00 AM |
Kim and Allen Lead Voting in California Insurance Commissioner Primary
Democrats Jane Kim and Ben Allen led voting in Tuesday’s race for California insurance commissioner, making them the current favorites to advance to the Nov. 3 primary. However, insurance agent Stacy A. Korsgaden, R, was running a close third. The …
POSTED JUNE 03, 2026 1:35 PM |
Markets/Coverages: Resilience Launches Cyber Risk Program for Private Equity
Resilience launched a private equity cyber risk program that the San Francisco-based company said will help private equity firms manage cyber exposure across their portfolios. The program connects Arc, Resilience’s cyber risk management platform for complex organizations, with bespoke insurance …
POSTED JUNE 03, 2026 1:01 PM |
Buckner Expanding Operations in Utah With New Office
Buckner is opening its eighth office location, this one in St. George, Utah. Jameson Carr will help lead Buckner’s expansion efforts in Southern Utah. Salt Lake City-based Buckner is a regional brokerage with more than $50 million in reported annual …
POSTED JUNE 03, 2026 5:00 AM |
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 |
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