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News Archives - Insurance Journal
UK Water Regulator Finds Severn Trent Breached Wastewater Duties
UK water regulator Ofwat found that Severn Trent Plc had “serious failings” in how it deals with wastewater and sewage as part of a broad investigation into practices of utilities in the sector. Ofwat didn’t impose a fine on Severn …
POSTED JULY 09, 2026 5:30 AM |
Deere Settles Lawsuit by FTC, States Over Equipment Repair Restrictions
Deere agreed on July 8 to settle a lawsuit by the Federal Trade Commission and five U.S. states accusing the farm equipment maker of illegally requiring farmers to use its network of authorized dealers for repairs, rather than use independent …
POSTED JULY 09, 2026 5:15 AM |
Coffee Trader Seeks to Shield More Vietnam Growers With its Specialty Weather Cover
Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk. The …
POSTED JULY 09, 2026 5:05 AM |
InsuranceDekho Said to Pick Banks for $400 Million India IPO
Indian insurance aggregator InsuranceDekho’s parent has selected HSBC Holdings Plc, Morgan Stanley, ICICI Securities Ltd. and IIFL Capital Services Ltd. as advisers to a potential initial public offering, according to people familiar with the matter. The offer from Girnar Insurance …
POSTED JULY 09, 2026 5:05 AM |
UPS Never Required Detailed Inspection of Part That Failed in Louisville Crash
UPS never required the detailed inspections needed to spot the problem that led to an engine to fly off one of its planes before it crashed even after Boeing recommended it years earlier, according to new documents posted Wednesday by …
POSTED JULY 09, 2026 5:04 AM |
Companies Must Address Self-Driving Car Interference With Emergency Vehicles
The head of the U.S. National Highway Traffic Safety Administration said July 8 that self-driving car companies must quickly address a “clear pattern” of driverless vehicles interfering with law enforcement and other first responders. Jonathan Morrison, who heads the U.S. …
POSTED JULY 09, 2026 5:04 AM |
Command Investigations Acquires CoventBridge Insurance Division
Two Florida-based heavyweights in insurance investigations have merged part of their operations, creating what they say is now the largest insurance fraud investigation firm in the country. Command Investigations, based in Lake Mary, Florida, with 900 investigators across all U.S. …
POSTED JULY 09, 2026 5:02 AM |
Workers at Kentucky Candle Plant Not Limited to Comp Claims, Appellate Court Finds
Employees who were killed and injured when a powerful tornado struck a Kentucky candle factory in 2021 are not necessarily limited to the workers’ compensation exclusive remedy, a Kentucky appeals court said in a decision that could have far-reaching impact …
POSTED JULY 09, 2026 5:02 AM |
NYC Orders Pause of Construction on Damaged Midtown Office Tower
New York City building regulators said the conversion of a Midtown Manhattan office tower into residences must be paused while officials investigate what caused columns inside the building to fail, leading to a massive emergency response that briefly shut down …
POSTED JULY 09, 2026 5:00 AM |
Former Bucknell University Coach Charged in Death of Freshman Football Player
A former strength and conditioning coach at Bucknell University was charged Monday in the death of a football player who collapsed during training, according to the Pennsylvania Attorney General’s office. Calvin “CJ” Dickey Jr. was a freshman training in July …
POSTED JULY 09, 2026 5:00 AM |
West News Archives - Insurance Journal
Apple’s $30B Spend on Broadcom Chips Will Expand Colorado Factory
Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom disclosed on Monday …
POSTED JULY 09, 2026 5:00 AM |
Edison Gets Mixed Rulings on Bid to Spread Blame for LA Wildfire
A judge rejected Southern California Edison’s attempt to shift blame to Los Angeles County for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire …
POSTED JULY 09, 2026 5:00 AM |
Wildfire Risk Rises Across US West as Winds, Dry Lightning Build
Strong winds and dry thunderstorms are raising the risk of fast-moving wildfires across much of the U.S. West, where forecasters warned conditions will favor new ignitions and rapid fire spread through Thursday. An elevated fire-weather outlook, Level 1 on the …
POSTED JULY 08, 2026 1:18 PM |
3 Firefighters Killed in Colorado Remembered for Bravery
With wildfires burning across many Western states, wildland firefighters gathered to pay tribute to three of their own who died after they were trapped by flames a week ago. Emily Barker, Nick Hutcherson and Sydney Watson were remembered on Sunday …
POSTED JULY 08, 2026 1:07 PM |
Los Angeles Heat Builds Ahead of Hot Spell Across US Southwest
Temperatures are set to rise across Los Angeles and parts of the southwestern U.S. later this week. Extreme heat is already settling across Southern California and Arizona as readings threaten to reach 116F (47C) across the region, including in Palm …
POSTED JULY 08, 2026 5:00 AM |
Organized Jewelry Theft Ringleader in California Handed 16-Year Sentence
The leader of an organized retail theft ring targeting high-end jewelry stores across Southern California was handed a 16-year prison sentence this week. From April 2023 to May 2024, Rodney Allen Flynt Jr. and his accomplices carried out thefts resulting …
POSTED JULY 07, 2026 1:47 PM |
Faster, Fiercer Wildfires Are Testing Evacuation Plans
On a warm summer morning, two fire officials navigate an SUV along a narrow road that switchbacks high into the hills above the town of Fairfax, California, where thickets of trees conceal hundreds of homes. When the road dead-ends, they …
POSTED JULY 07, 2026 1:22 PM |
Bamboo Launches Essential HO2 Product in California
Bamboo Insurance today launched its Essential homeowners program, a new HO2 product designed for homeowners looking for basic coverage. The Essential program provides what the company says is a lower-cost option focused on core protection that makes it convenient for …
POSTED JULY 07, 2026 5:00 AM |
AM Best Places Credit Ratings of Topa in California Under Review
AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes subsidiary Dorchester Insurance Company Ltd. in the U.S. Virgin …
POSTED JULY 06, 2026 5:00 AM |
California Bans ‘Sell By’ Food Labels to Cut Food Waste
In Kimberley Kausen’s home, a passed “sell by” date on a jug of milk means different things to different family members. For her daughter, it means the jug belongs in the trash. For her husband, it means the milk is …
POSTED JULY 06, 2026 5:00 AM |
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