Insurance Journal
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: Apr 15, 2025
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 prelim...
Posted: Apr 15, 2025
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 fr...
Posted: Apr 15, 2025
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, ann...
Posted: Apr 15, 2025
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. C...
Posted: Apr 15, 2025
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: Apr 15, 2025
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: Apr 15, 2025
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...
Posted: Apr 15, 2025
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 “grandfathered” lower premiums on flo...
Posted: Apr 15, 2025
According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The industry financial strength...
Posted: Apr 14, 2025
DaVita Inc. said it has been impacted by ransomware that had locked down parts of its network. The company, which specializes in providing kidney dialysis to patients at more than 700 hospitals in the US, said in a statement Monday …
Posted: Apr 14, 2025
The U.S. Equal Employment Opportunity Commission (EEOC) sued R&L Carriers Shared Services, LLC, a freight transportation and logistics company, to enforce a subpoena that the EEOC issued during their investigation of a sex and pregnancy discrimin...
Posted: Apr 14, 2025
A 62-year-old Houston resident has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei. William Mills admitted that from 2014 to 2023, he conspired with others in a bank fraud scheme involv...
Posted: Apr 14, 2025
A Texas man who says Titans cornerback L’Jarius Sneed or his personal assistant shot at him while he was sitting inside a Mercedes-Benz on a dealer lot in December is suing the two-time Super Bowl champ for at least $1 …
Posted: Apr 14, 2025
Munich Re said in a recent report it expects the global cyber insurance market to reach about $16.3 billion gross premiums in 2025, with continued growth that will have the market at more than $32 billion in 2023. In “Cyber …
Posted: Apr 14, 2025
Higginbotham, one of the largest insurance agencies headquartered in Texas, has expanded its footprint in the Southeast by adding agencies in Georgia and Tennessee. The firm announced that Tidwell & Hilburn Insurance in Macon has become the 11th...
Posted: Apr 14, 2025
COVINGTON, Ga. (AP) — A Walmart employee shot and killed a co-worker inside a Georgia store and critically wounded another worker outside early Friday while the business was closed to the public, authorities said. After leaving the store, the gunman...
Posted: Apr 14, 2025
New York Attorney General Letitia James urged lawmakers on Thursday to pass legislation to create a federal regulatory framework for cryptocurrencies, arguing that digital asset investors urgently need stronger protections. In a letter to top congres...
Posted: Apr 14, 2025
Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oi...
Posted: Apr 14, 2025
A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply. Two workers …
Posted: Apr 14, 2025
Morocco ‘s social security agency said troves of data were stolen from its systems in a cyberattack this week that resulted in personal information being leaked on the messaging app Telegram. The North African kingdom’s social security fu...
Posted: Apr 14, 2025
The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of AI weather models in recent years means small, commercial firms are now developing the ability to rapidly make sp...
Posted: Apr 14, 2025
Smart Inbox automates processing of documents for both agency bill and direct bill workflows San Francisco, August 14, 2025 – Ascend, the leading financial operations automation platform for the insurance industry, today announced the launch of Smart...
Posted: Apr 14, 2025
Ageas has agreed to buy British car and home insurer esure from Bain Capital for 1.3 billion pounds ($1.7 billion) in a move that will create the third largest personal lines platform in the UK, the Belgian insurance company said …
Posted: Apr 14, 2025
Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota, and the company said its goal is to resume deliveries ̷...
Posted: Apr 14, 2025