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News Archives - Insurance Journal
Texas-Based Insurtech Steadily Secures $30M Series C Round
Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves 18 million individual rental property owners who collectively own the majority of …
POSTED APRIL 23, 2025 10:25 PM |
Insurance Industry Charitable Foundation Establishes Minnesota Chapter
The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest Division. Based in Minneapolis and serving the Twin Cities region, this …
POSTED APRIL 23, 2025 4:45 PM |
Texas Farmers Fear Proposed Legislation Could Devastate Hemp Economy
Andrew Hill, who studied and farmed hemp in California before it was legal in Texas, was a keynote speaker at the state’s first-ever agricultural hemp expo in Dallas in 2019. Amid considerable hype and excitement that followed the recent federal …
POSTED APRIL 23, 2025 4:42 PM |
Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive
A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connected Analytic Services (CAS) collected …
POSTED APRIL 23, 2025 4:14 PM |
Delta Plane Catches Fire at Orlando Airport in Latest Incident for Airline
ORLANDO, Fla. (AP) — A Delta Air Lines airplane caught fire on Monday before it was supposed to take off at a central Florida airport, forcing the evacuation of passengers, airport officials said. There were no reports of any injuries …
POSTED APRIL 23, 2025 3:18 PM |
Minnesota Senior Living Facility Fined $73K for Pregnancy Discrimination
White Pine Senior Living, an assisted living facility in Minnesota, has agreed to pay $73,000 and provide other equitable relief to settle a pregnancy discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According to the …
POSTED APRIL 23, 2025 3:11 PM |
Outsourcing Firm to Pay $250K For Discriminating Against Blind Employee in Texas
The Results Companies, A business services outsourcing firm agreed to pay $250,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s suit, The Results Companies hired an …
POSTED APRIL 23, 2025 3:08 PM |
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums. …
POSTED APRIL 23, 2025 2:01 PM |
Researchers Testing Textured Seawall in Miami to Hold Back Rising Seas
Morningside Park, a beloved neighborhood park in Miami with sweeping views of Biscayne Bay, will soon pilot an innovative approach to coastal resilience. BIOCAP tiles, a 3D-printed modular system designed to support marine life and reduce wave impact along urban …
POSTED APRIL 23, 2025 1:56 PM |
Markel Insurance Restructures Markel Specialty, Appoints Leaders
Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon Wilson as chief executive …
POSTED APRIL 23, 2025 1:24 PM |
West News Archives - Insurance Journal
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums. …
POSTED APRIL 23, 2025 2:01 PM |
Report: California’s New Vehicle Market Outlook Clouded by Tariffs
New vehicle registrations in California rose 8.3% in the first quarter of 2025 compared with the same period a year earlier, putting the state above a nationwide 4.6% increase in a buying surge that may have been driven by consumers …
POSTED APRIL 23, 2025 5:00 AM |
A ‘Low-Attention Disaster,’ Mountain Fire Survivors Recover in LA’s Shadow
The ashes of Hatim Naim’s burned home lie just a few dozen miles west of the Los Angeles areas destroyed by January’s Palisades and Eaton fires. But because the Mountain Fire, which destroyed 182 houses and other structures in Ventura …
POSTED APRIL 23, 2025 5:00 AM |
Viewpoint: California’s Latest Insurance Privacy Bill Would Add Layer of Regulation
California lawmakers are once again turning their attention to consumer privacy—this time with a laser focus on the insurance sector. At a moment when insurance companies are already navigating a minefield of data privacy laws, the newly proposed Senate Bill …
POSTED APRIL 23, 2025 5:00 AM |
Alaska Native Who Alleged Wrongful Murder Conviction Reaches $11.5M Settlement
An Alaska Native man who maintained his innocence in the 1997 killing of a white teenager has agreed to an $11.5 million settlement with the city of Fairbanks after alleging police acted with a racial bias in a case in …
POSTED APRIL 22, 2025 5:00 AM |
Relation Insurance Acquires True-Course Insurance Services in California
Relation Insurance Services acquired the assets of True-Course Aviation Services Inc. in Camarillo, California. Aejandro Galioto, owner of True-Course, will continue to lead the firm and spearhead the expansion of Relation’s dedicated aviation insurance practice. True-Course offers aviation risk services. …
POSTED APRIL 22, 2025 5:00 AM |
California Workers’ Comp Board OKs Higher Pure Premium Rate Filing
The Workers’ Compensation Insurance Rating Bureau of California’s governing committee on Wednesday voted to authorize the WCIRB to submit a September 1, 2025 Pure premium rate filing on average 11.2% percent above the average approved September 1, 2024 advisory pure …
POSTED APRIL 21, 2025 8:41 PM |
High Cost of Living Fears Made Worse by LA Wildfire in UCLA Survey
The high cost of living remains a main concern in America’s largest exacerbated by the January 2025 wildfires is one of the biggest worries bothering residents of Los Angeles County. A survey focused on the county, the nation’s largest with …
POSTED APRIL 21, 2025 5:00 AM |
Tesla Settles Employee’s California Suit Alleging Pervasive Harassment
Tesla settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying “welcome to the plantation” or “welcome to the slave house.” Raina Pierce, who installed latches …
POSTED APRIL 21, 2025 5:00 AM |
Navion Acquires P/C Business of Instasure in California
Navion insurance Associates Inc. acquired the property/casualty book of business from Instasure in California. Instasure is an insurance agency that specializes in serving the commercial insurance needs of clients. Navion Insurance Associates is based in Yorba Linda, California. It is …
POSTED APRIL 21, 2025 5:00 AM |
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