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News Archives - Insurance Journal
Illinois Governor Signs AI Regulation Bill That Aims to Mitigate Risks
Gov. JB Pritzker signed artificial intelligence legislation modeled after similar bills in California and New York on Monday, furthering a push for a state-driven national framework in lieu of federal regulations. “Congress and the president ought to be passing similar …
POSTED JULY 09, 2026 4:52 PM |
Texas Lawmakers Continue Push to Ban TCH Products
The Texas Senate Committee on Health and Human Services held a public hearing Tuesday to gather information that will shape future legislation on THC products sold in the state. Lawmakers made arguments against THC that harkened back to the days …
POSTED JULY 09, 2026 4:31 PM |
AM Best Revises Outlook to Positive for Illinois’ National Group
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of OMS National Insurance Company, …
POSTED JULY 09, 2026 4:14 PM |
Brown & Riding Launches National Private Client Practice
Brown & Riding this week announced the launch of its new national Private Client Practice, a specialty practice area focused on affluent personal lines risks. The practice is led by Courtney Kerr, a seasoned private client professional, and backed by …
POSTED JULY 09, 2026 4:02 PM |
People Moves: HDI Global US Names Chief Underwriting Officers
HDI Global (HDI) said it has strengthened its underwriting leadership team in the U.S. with the appointments of Bevan Greibesland as chief underwriting officer, specialty lines, and Bruce Griffin as chief underwriting officer, long tail lines. Greibesland joined HDI in …
POSTED JULY 09, 2026 3:39 PM |
Boston Joins Suits Against Social Media Giants Alleging Harm to Students
Mayor Michelle Wu announced that the city of Boston, on behalf of Boston Public Schools (BPS), has filed a lawsuit against Meta and other social media companies, including TikTok, Snapchat, and YouTube, alleging that these platforms deliberately target minors with …
POSTED JULY 09, 2026 3:05 PM |
Hormuz Ship Insurance Demand Drops as Owners Get Nervous
London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. …
POSTED JULY 09, 2026 3:03 PM |
California Bill to Let Insurers to Use Driver Telematics Mulled by Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data …
POSTED JULY 09, 2026 2:59 PM |
Honda’s Insurance Agency Operations Stall, Services ‘Paused’
About a year after launching, Honda Insurance Solutions is no longer in operation. Editor’s Note: Updated late July 9 to include a statement from American Honda Finance Corporation (AHFC). Started as a licensed insurance agency for Honda and Acura owners …
POSTED JULY 09, 2026 1:01 PM |
Viewpoint: Insurance, Cybersecurity Are Twin Pillars of Resilience for iGaming Industry
Executive summary: Once seen as niche, the iGaming, or the online gambling and sports betting industry, has come of age — now a regulated global market, expanding rapidly and attracting mainstream attention. In this article, Elizabeth Grima of the specialty …
POSTED JULY 09, 2026 10:39 AM |
West News Archives - Insurance Journal
California Bill to Let Insurers to Use Driver Telematics Mulled by Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state’s bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data …
POSTED JULY 09, 2026 2:59 PM |
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 |
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