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News Archives - Insurance Journal
People Moves: Ryan Specialty Names Stewart CEO of Newly Formed Canadian Unit
Ryan Specialty, the international specialty insurance intermediary, announced the appointment of Stephen Stewart as chief executive officer of Ryan Specialty Canada Ltd., the newly formed Canadian operating and holding entity for Ryan Specialty’s underwriting management businesses in Canada. Stewart will …
POSTED FEBRUARY 05, 2026 3:36 PM |
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers
Presumably, many insurers in the next couple of weeks will continue to announce very favorable quarterly and full-year earnings—the kind of numbers that could draw the attention of legislators and regulators. Asked his thoughts on the potential for the implementation …
POSTED FEBRUARY 05, 2026 3:32 PM |
Patients of UCLA Doctor Shaken by Sex Abuse Conviction Overturn, What’s Next
Two years after a former University of California, Los Angeles, gynecologist was convicted of sex abuse and sentenced to 11 years in prison, an attorney working to prepare an appeal of the case stumbled across an astounding find for the …
POSTED FEBRUARY 05, 2026 2:46 PM |
UK Says Infant Formula Contamination Could Have Affected 36 Babies
British authorities investigating baby formula contamination said on Thursday there had been 36 likely cases of children developing symptoms consistent with poisoning from affected batches in the country. Nestle recalled some batches of its key infant nutrition products, including SMA, …
POSTED FEBRUARY 05, 2026 2:24 PM |
Two SE Commissioners Warn Insurers About Claims Denials, Policy Cancellations
Two Southeastern states’ insurance commissioners this week posted sternly worded bulletins, warning property insurers about improper policy cancellations and claims denials. Following severe winter storms that swept across the South early this week, Commissioner Carter Lawrence and Tennessee Attorney General …
POSTED FEBRUARY 05, 2026 2:23 PM |
Russian Captain Jailed Over Crew Member’s Death in US Tanker Crash
The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year was jailed for six years on Thursday for causing the death of a crew member through gross negligence. Russian national Vladimir Motin, …
POSTED FEBRUARY 05, 2026 1:23 PM |
Against Judge’s Orders, New Hampshire Doubles Down to End Emissions Testing
On Wednesday, just over a week after a U.S. District Court judge ordered New Hampshire to take all necessary steps to continue its vehicle inspection program, the New Hampshire Executive Council voted to let the state’s emissions testing contract expire. …
POSTED FEBRUARY 05, 2026 1:12 PM |
Hackers Hit Sensitive Targets in 37 Nations in Vast Spying Plot
An Asian cyber-espionage group has spent the past year breaking into computer systems belonging to governments and critical infrastructure organizations in more than 37 countries, according to the cybersecurity firm Palo Alto Networks, Inc. The state-aligned attackers have infiltrated networks …
POSTED FEBRUARY 05, 2026 1:00 PM |
Tricolor Founder Can Tap Insurance for Fraud Defense, Judge Says
Tricolor Holdings founder Daniel Chu, who faces federal fraud charges related to the collapse of the subprime auto-loan firm, won court approval to use company insurance policies to pay for his defense costs, a judge ruled Wednesday. US Bankruptcy Judge …
POSTED FEBRUARY 05, 2026 12:57 PM |
Allstate Doubles Q4 Net Income While Auto Underwriting Income Triples
Allstate Corp. fourth quarter 2025 net income applicable to common shareholders was about $3.8 billion, double the $1.9 billion booked for the same quarter the prior year. Allstate’s Property-Liability business turned in a Q4 combined ratio 14 points better than …
POSTED FEBRUARY 05, 2026 12:27 PM |
West News Archives - Insurance Journal
Patients of UCLA Doctor Shaken by Sex Abuse Conviction Overturn, What’s Next
Two years after a former University of California, Los Angeles, gynecologist was convicted of sex abuse and sentenced to 11 years in prison, an attorney working to prepare an appeal of the case stumbled across an astounding find for the …
POSTED FEBRUARY 05, 2026 2:46 PM |
People Moves: Capital Insurance Group Promotes Noel to Regional Field Executive
Capital Insurance Group promoted Kimberly Noel to regional field executive for their Northwest region, overseeing underwriting teams and line of business performance in Oregon and Washington. Noel has more than 20 years of underwriting and leadership experience, including more than …
POSTED FEBRUARY 05, 2026 6:00 AM |
Governor ‘Not Convinced’ California Wants to Take Over PG&E
California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has come under criticism recently for blackouts that hit San Francisco. “I’m not convinced” the state wants to get into the …
POSTED FEBRUARY 04, 2026 6:05 PM |
Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction
A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …
POSTED FEBRUARY 04, 2026 2:26 PM |
Arizona Experienced 25% Decrease in Vehicle Thefts in 2025, New Report Shows
Vehicle thefts fell by 25% in Arizona in 2025 to the lowest rate in decades, and the third consecutive year of a decrease in the state, a new report shows. Data from the Arizona Automobile Theft Authority’s Auto Crime Tracker …
POSTED FEBRUARY 03, 2026 6:00 AM |
California Light Bulb Maker Paying $100K for Firing Pregnant Worker
A California lightbulb manufacturer is paying $100,000 to settle a pregnancy discrimination lawsuit. Feit Electric Inc., a lightbulb manufacturer based in Los Angeles, must pay $100,000 and provide other relief to settle the pregnancy discrimination suit filed by the U.S. …
POSTED FEBRUARY 03, 2026 6:00 AM |
Bill Introduced to ‘Transform’ the California FAIR Plan
A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponsored …
POSTED FEBRUARY 02, 2026 9:06 PM |
Cluster of Quakes Felt Around San Francisco Bay, Including a M4.2
A cluster of earthquakes in the San Francisco Bay Area early Monday including a magnitude 4.2 temblor was felt by thousands. The United States Geological Survey reported more than two dozen different quakes. The largest was a M4.2 east of …
POSTED FEBRUARY 02, 2026 5:43 PM |
Two Companies Made Dried Milk Powder Linked to Botulism in Baby Formula
Two companies processed and supplied dried milk powder that could be a culprit in the outbreak of botulism tied to ByHeart infant formula that has sickened dozens of babies, The Associated Press has learned. Organic whole milk powder that tested …
POSTED FEBRUARY 02, 2026 6:00 AM |
Meta Faces New Mexico Trial Over Child-Exploitation Claims
Meta Platforms is set to face trial this week in a lawsuit brought by the state of New Mexico accusing it of exposing children and teens to sexual exploitation on its platforms and profiting from it, the first case of …
POSTED FEBRUARY 02, 2026 6:00 AM |
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