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News Archives - Insurance Journal
Vietnam Flood Deaths Climb as Heavy Rain Drenches Coffee Region
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas. Around 61,000 people have been evacuated and half …
POSTED NOVEMBER 21, 2025 12:02 PM |
Silent Cyber Threats: How ‘Shadow AI’ Could Undermine Digital Health Defenses
Across Canada, doctors and nurses are quietly using public artificial-intelligence (AI) tools like ChatGPT, Claude, Copilot and Gemini to write clinical notes, translate discharge summaries or summarize patient data. But even though these services offer speed and convenience, they also …
POSTED NOVEMBER 21, 2025 11:23 AM |
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive to lose a $17 million job before he’d even started. …
POSTED NOVEMBER 21, 2025 9:24 AM |
Viewpoint: Sins of Policy Interpretation. A Call to Repentance
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …
POSTED NOVEMBER 21, 2025 7:02 AM |
Ohio’s FirstEnergy Ordered to Pay More Than $250M for Bribery Scheme
Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …
POSTED NOVEMBER 21, 2025 7:00 AM |
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
POSTED NOVEMBER 21, 2025 6:37 AM |
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …
POSTED NOVEMBER 21, 2025 6:19 AM |
Europe to Launch Service to Measure Role of Climate Change in Extreme Weather
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence …
POSTED NOVEMBER 21, 2025 6:10 AM |
SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs
Rank-and-file US Securities and Exchange Commission workers have returned to face the paperwork that piled up during the longest government shutdown in US history, and supervisors say the order of the day is “triage.” Deal first with the tasks still …
POSTED NOVEMBER 21, 2025 6:04 AM |
Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP
For years, I’ve warned that Florida’s legal climate was out of control — driven not by consumers or local businesses, but by a handful of billboard trial lawyers who made fortunes exploiting loopholes in our laws. Their tactics fueled one …
POSTED NOVEMBER 21, 2025 6:02 AM |
West News Archives - Insurance Journal
California Refinery Closures Spark Pipeline Race to West Coast
A race is on among energy companies to build a major fuel pipeline to the U.S. West Coast, a potentially lucrative prize as the planned closure of two California refineries threatens to send gasoline prices in the isolated market soaring. …
POSTED NOVEMBER 21, 2025 6:00 AM |
State Farm Files for 6.2% Auto Rate Reduction in California
State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%. The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California Department of Insurance. State …
POSTED NOVEMBER 20, 2025 7:09 PM |
Court Pauses California Law Requiring Companies to Report Climate-Related Financial Risk
A U.S. appeals court paused a California law set to take effect in January requiring large companies to report every two years on how climate change could hurt them financially. Another new law requiring major companies to annually disclose their …
POSTED NOVEMBER 20, 2025 2:57 PM |
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims
Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property owners that the …
POSTED NOVEMBER 20, 2025 6:00 AM |
CIG Says It Will Write More Policies in Fire-Impacted Paradise
Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …
POSTED NOVEMBER 20, 2025 6:00 AM |
Tesla Gets Permit to Run as Transportation Network Company in Arizona
Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like …
POSTED NOVEMBER 20, 2025 6:00 AM |
Amazon’s Zoox Launches Robotaxi Rides in San Francisco
Amazon’s self-driving unit Zoox opened its waitlist on Tuesday for users in San Francisco, offering free rides, just days after Alphabet’s Waymo said it will provide robotaxi rides in the same market. Zoox said it is inviting people to ride …
POSTED NOVEMBER 19, 2025 6:00 AM |
Digital MGA Honeycomb Insurance Expands to Colorado
Honeycomb Insurance has begun writing policies in Colorado. The digital managing general agency specializes in property/casualty coverage for landlords and condominium associations. The company’s underwriting platform evaluates properties individually using high-resolution imagery and technology. Honeycomb now operates across 20 states …
POSTED NOVEMBER 19, 2025 6:00 AM |
Business Groups Ask Supreme Court to Pause California Climate Reporting Laws
The U.S. Chamber of Commerce asked the Supreme Court to pause new California laws expected to require thousands of companies to report emissions and climate-risk information. The laws are the most sweeping of their kind in the nation, and a …
POSTED NOVEMBER 19, 2025 6:00 AM |
CVS Settles for $18.2M Over California False Claims Act Violations
CVS Pharmacy Inc. has settled alleged violations of the California False Claims Act with California Attorney General Rob Bonta and the United States Department of Justice. The settlement agreement requires CVS to pay $18.2 million. It resolves allegations that between …
POSTED NOVEMBER 18, 2025 2:42 PM |
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