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News Archives - Insurance Journal
White House Proposes Elimination of NOAA Climate Research in Budget Proposal
The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries service to support energy development, according to a draft White House …
POSTED APRIL 15, 2025 5:24 AM |
Clorox Australia Fined $5.2 Million Over False Claims of Using Recycled Plastic
Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and …
POSTED APRIL 15, 2025 5:15 AM |
People: Florida-Based Security First Elevates Two to Key Roles
Security First Insurance, one of the larger carriers in Florida, with 136,500 policies in force, has elevated two people to key positions. Scot Moore was named chief financial officer, the insurer said in an announcement Monday. Moore has 20 years’ …
POSTED APRIL 15, 2025 5:03 AM |
Southern California Edison Lays Out $925M Plan to Rebuild After LA Wildfires
Southern California Edison (SCE), a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The preliminary plan …
POSTED APRIL 15, 2025 5:00 AM |
Five Charged in Multi-Million-Dollar Insurance Fraud Case
Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 million. The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …
POSTED APRIL 15, 2025 5:00 AM |
FAA Grounds Helicopter Company After Fatal New York Crash
The Federal Aviation Administration ordered New York Helicopter Charter Inc. to cease operations while it conducts a review of the tour operator’s license and safety record following a deadly crash last week. The regulator’s decision, announced on X, came just …
POSTED APRIL 15, 2025 5:00 AM |
Could Utility Gear Set Your Neighborhood on Fire? California Risk Maps Are 8 Years Old
Weeks after deadly fires swept through Los Angeles County, the state regulator in charge of overseeing utility companies declined a request that would have required California’s largest utilities to update maps showing high fire threat areas. Consumer advocates argued for …
POSTED APRIL 15, 2025 5:00 AM |
Idaho Bail Agent Convicted of Insurance Fraud for Mishandling Funds
An Idaho man pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds for personal use. Johnny Mateo Robles, Jr. of Twin Falls, pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds that …
POSTED APRIL 15, 2025 5:00 AM |
Ex-State Trooper to Plead Guilty to Falsifying Commercial Driver’s License Scores
A former Massachusetts State Police trooper has agreed to plead guilty to his role in an alleged conspiracy to falsify records by giving passing scores to certain commercial driver’s license (CDL) applicants even if they failed the CDL test or …
POSTED APRIL 15, 2025 5:00 AM |
Allstate Agent Can be Sued Over Non-Renewal of ‘Grandfathered’ Flood Insurance Policy
A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of lower “grandfathered” flood insurance coverage. …
POSTED APRIL 15, 2025 5:00 AM |
West News Archives - Insurance Journal
Southern California Edison Lays Out $925M Plan to Rebuild After LA Wildfires
Southern California Edison (SCE), a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The preliminary plan …
POSTED APRIL 15, 2025 5:00 AM |
Five Charged in Multi-Million-Dollar Insurance Fraud Case
Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 million. The five, which include a former insurance agent, reportedly fraudulently obtained more than $1.4 million …
POSTED APRIL 15, 2025 5:00 AM |
Could Utility Gear Set Your Neighborhood on Fire? California Risk Maps Are 8 Years Old
Weeks after deadly fires swept through Los Angeles County, the state regulator in charge of overseeing utility companies declined a request that would have required California’s largest utilities to update maps showing high fire threat areas. Consumer advocates argued for …
POSTED APRIL 15, 2025 5:00 AM |
Idaho Bail Agent Convicted of Insurance Fraud for Mishandling Funds
An Idaho man pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds for personal use. Johnny Mateo Robles, Jr. of Twin Falls, pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds that …
POSTED APRIL 15, 2025 5:00 AM |
Hawaii Lawmakers Wrangle Bills to Rescue Utility Hit by Wildfire Suits
Hawaiian Electric Co. is making a final legislative push this month, asking lawmakers to help shore up its financial foundation, which crumbled after the 2023 Maui wildfire that killed 102 people and destroyed much of Lahaina. HECO and its parent …
POSTED APRIL 14, 2025 5:00 AM |
People Moves: California Workers’ Compensation Institute Elects 2025 Board
Eric M. Hansen, senior vice president – underwriting at Preferred Employers, has been re-elected as chair of the California Workers’ Compensation Institute board of directors for 2025. Hansen was first elected to CWCI’s Board in 2014, has been a member …
POSTED APRIL 14, 2025 5:00 AM |
Bill That Tries to Address Wildfires in West Has Bipartisan Support
A bipartisan group of senators is supporting a bill designed to reduce wildfire risks and increase firefighting cooperation across state lines in the U.S. Western region. The Fix Our Forests Act is backed by senators from Utah, California, Montana and …
POSTED APRIL 14, 2025 5:00 AM |
Arizona Reported 15% Decrease in Vehicle Thefts in 2024
The Arizona Automobile Theft Authority reported that Arizona vehicle thefts decreased by 15% in 2024, marking a second straight year of decline. Data compiled by the AATA’s Auto Crime Tracking shows that Arizona had 17,010 vehicles reported stolen in 2024, …
POSTED APRIL 11, 2025 2:26 PM |
Utah Insurance Department Warns of Phony Policies Sold on Social Media
The Utah Insurance Department’s Fraud Division is warning consumers about an increase in fake auto insurance policies being marketed to the Hispanic community using WhatsApp. The department has not identified the sellers, but they believe them to be located outside …
POSTED APRIL 11, 2025 5:00 AM |
California’s Effort to Hold Oil Companies Liable for Natural Disasters Stalls
California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters caused by climate change, warning it could raise gas prices. The bill would have allowed victims of natural disasters, including …
POSTED APRIL 11, 2025 5:00 AM |
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