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News Archives - Insurance Journal
Severe Storm Batters St. Louis, Leaving At Least 4 Dead
At least four people died and authorities were searching from building to building for people who were trapped or hurt after severe storms including a possible tornado swept through St. Louis. The storms Friday afternoon tore roofs off buildings, ripped …
POSTED MAY 17, 2025 2:51 AM |
Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes
Four months after devastating wildfires swept across Los Angeles, Edison International’s Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among other measures. The utility plans to make the investment …
POSTED MAY 16, 2025 9:53 PM |
Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death
The widow of an Arkansas airport director who was killed during a Bureau of Alcohol, Tobacco, Firearms and Explosives raid on his home last year sued the agency and several officials, claiming the agency and officers acted recklessly and negligently. …
POSTED MAY 16, 2025 3:40 PM |
Severe Storms Sweep Through Midwest, Leaving Thousands Without Power
Storms accompanied by deep, booming thunder, lightning displays and powerful winds swept through parts of Wisconsin, Illinois, northern Indiana and Michigan overnight — leaving scores of trees down and thousands of homes without power. The National Weather Service issued tornado …
POSTED MAY 16, 2025 3:35 PM |
Louisiana Plant at Center of Environmental Justice Fight Halts Operations
A petrochemical plant in Louisiana accused of increasing cancer risks for a majority Black community indefinitely suspended operations largely due to the high cost of reducing toxic pollution. Japanese firm Denka announced Tuesday that its synthetic rubber facility hemorrhaged more …
POSTED MAY 16, 2025 3:26 PM |
Florida High Court Lets Stand Ruling on Damage Estimates in Supplemental Claims
The Florida Supreme Court on Thursday declined to consider a petition in a condominium insurance case, leaving in place conflicting rulings from Florida appeals courts. The non-decision in American Coastal Insurance vs. Patios West One Condominium Association, stemming from a …
POSTED MAY 16, 2025 3:18 PM |
Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk
Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general agents did in the past, according to …
POSTED MAY 16, 2025 2:13 PM |
Judge Orders Restoration of Health Program for West Virginia Coal Miners
A judge on Tuesday ordered the restoration of a health monitoring program for coal miners in West Virginia and rescinded layoffs the federal government implemented in a unit of a small U.S. health agency. U.S. District Judge Irene Berger issued …
POSTED MAY 16, 2025 1:49 PM |
Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award
An asbestos screening clinic in a small Montana town where thousands have been sickened by toxic dust from a nearby mine has been abruptly shuttered by authorities following a court order to seize the clinic’s assets to pay off a …
POSTED MAY 16, 2025 1:32 PM |
DeSantis Signs Law Making Florida 2nd State to Ban Fluoride From Water Systems
Florida Republican Gov. Ron DeSantis signed a measure Thursday prohibiting local governments from adding fluoride to their water systems, making it the second state in the country after Utah to implement a statewide ban on the mineral. DeSantis signed the …
POSTED MAY 16, 2025 1:23 PM |
West News Archives - Insurance Journal
Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes
Four months after devastating wildfires swept across Los Angeles, Edison International’s Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among other measures. The utility plans to make the investment …
POSTED MAY 16, 2025 9:53 PM |
Asbestos Clinic in Montana Forced to Close to Pay for BNSF Jury Award
An asbestos screening clinic in a small Montana town where thousands have been sickened by toxic dust from a nearby mine has been abruptly shuttered by authorities following a court order to seize the clinic’s assets to pay off a …
POSTED MAY 16, 2025 1:32 PM |
California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam
A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded guilty Tuesday …
POSTED MAY 16, 2025 5:00 AM |
People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang
Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relationships, simplifying the producer engagement process, …
POSTED MAY 16, 2025 5:00 AM |
TIMBY Specialty Launches Warehouse Legal Liability Coverage
Inland marine managing general underwriter TIMBY Specialty Insurance Solutions launched its Warehouse Legal Liability Coverage, a product specifically for public and contract warehouses that handle third-party property. With limits up to $5 million per location, WHLL offers options covering additional …
POSTED MAY 15, 2025 5:00 AM |
LA County Wildfire Alert Mistakenly Sent to Millions Due to Tech Glitch
A technological glitch caused an emergency alert to be mistakenly sent to millions of Los Angeles County residents in January rather than only those in the proximity of a wildfire, according to a congressional report. The mistaken alert on Jan. …
POSTED MAY 15, 2025 5:00 AM |
Report: California Workers’ Comp Combined Ratio Highest in 14 Years
Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California …
POSTED MAY 14, 2025 5:15 PM |
People Moves: The Buckner Company Appoints Kettler as President
The Buckner Company appointed Joshua Kettler as president, effective June 2. Kettler has experience spanning strategy, operations and executive advisory roles. He worked at Patagonia, where he was a partner to the head of global sales and customer experience. Most …
POSTED MAY 14, 2025 5:00 AM |
Judge Recommends Approving 17% State Farm Rate Hike in California
It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the state. Administrative Law Judge Karl Seligman recommended approval …
POSTED MAY 13, 2025 6:45 PM |
At Least 10 Sickened in Listeria Outbreak Linked to Prepared Foods
At least 10 people in the U.S. have been sickened in a listeria outbreak linked to ready-to-eat food products, and a producer is voluntarily recalling several products, federal officials said. The U.S. Food and Drug Administration said Saturday that federal, …
POSTED MAY 13, 2025 6:30 PM |
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