Insurance Journal

People Moves: California Commissioner Makes COIN Advisory Board, Curriculum Board Appointments

California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN wa...

Posted: Oct 03, 2025

People Moves: Protecdiv Promotes DelaCruz to Head of Analytics

Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined P...

Posted: Oct 03, 2025

Agent Allegedly Duped Customer into Agency Investment; Third Time Facing Fraud Charges

For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his...

Posted: Oct 03, 2025

Agent Allegedly Duped Customer into Agency Investment in Third Fraud Charge

For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his...

Posted: Oct 03, 2025

Agent Allegedly Duped Customer Into Agency Investment in Third Fraud Charge

For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his...

Posted: Oct 03, 2025

AM Best Revises Outlooks to Negative for Golden Bear

AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excelle...

Posted: Oct 03, 2025

Former Adjuster Charged With Creating Then Approving $190K in Fake Property Claims

A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been charged with ins...

Posted: Oct 03, 2025

Former Adjuster Charged With Creating Then Approving $190K in Fraudulent Claims

A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been charged with ins...

Posted: Oct 03, 2025

California Police Pulled Over A Waymo for An Illegal U-Turn, But They Couldn’t Cite

Police in Northern California were understandably perplexed when they pulled over a Waymo taxi after it made an illegal U-turn, only to find no driver behind the wheel and therefore, no one to ticket. The San Bruno Police Department wrote …

Posted: Oct 03, 2025

Suit Accuses Firearms Group of Using Gun Owners’ Personal Data to Tailor Political Ads

A firearms industry trade and lobbying organization secretly built a database containing the personal information of millions of gun owners and used the data to reach gun rights supporters with political ads dating back to the 2000 elections, accordi...

Posted: Oct 03, 2025

People Moves: Aon Names Srivastava as Reinsurance Global Chief Broking Officer; AXISTaps Hosking Fro...

This edition of International People Moves details appointments at Aon plc and AXIS Capital Holdings. A summary of these new hires follows here. Aon Names Srivastava as Reinsurance Global Chief Broking Officer Aon plc, a leading global professional s...

Posted: Oct 02, 2025

People Moves: Wall Named President at DOXA

DOXA, headquartered in Fort Wayne, Indiana, appointed Kevin Wall as president. An early addition to the leadership team at DOXA, Wall oversaw the company’s financial strategy as chief financial officer for eight years. Wall has over 15 years of...

Posted: Oct 02, 2025

Louisiana Department of Insurance Issues Guidance on NFIP Expiration

The National Flood Insurance Program expired Wednesday after Congress did not pass a federal budget ahead of an Oct. 1 deadline. The lapse means no new federal flood policies will be sold, and expiring policies will not be renewed. The …

Posted: Oct 02, 2025

Family of Man Who Died in Ohio Jail Reaches $7M Settlement

The family of a man who died after being restrained in an Ohio county jail said Tuesday that they have reached a $7 million settlement agreement with the county and are pushing officials there to prevent something like the death …

Posted: Oct 02, 2025

Coca-Cola Bottling Distributor Sued for Disability Discrimination Against Louisiana Worker

Coca-Cola Bottling Company United, Inc. (CCBCU), the third-largest bottler and distributor of Coca-Cola products in the United States, violated federal law by failing to accommodate an employee with a disability and then firing him because of his dis...

Posted: Oct 02, 2025

Coca-Cola Distributor Sued for Disability Discrimination Against Louisiana Worker

Coca-Cola Bottling Company United, Inc. (CCBCU), the third-largest bottler and distributor of Coca-Cola products in the United States, violated federal law by failing to accommodate an employee with a disability and then firing him because of his dis...

Posted: Oct 02, 2025

Trump’s $7.6 Billion Energy Cuts Hit California Grid Upgrade

The Trump administration’s plan to cancel billions of dollars for energy projects following the U.S. government shutdown includes an initiative to upgrade electric transmission lines in California. A consortium that included the California Ener...

Posted: Oct 02, 2025

Tampa-Based Professional Insurance Services Merges With Lawley

Lawley, a family owned insurance brokerage and benefits firm, has expanded into Florida through a merger with Tampa-based Professional Insurance Services. It’s the first Florida location for the Buffalo, New York-based Lawley, but its 18th in t...

Posted: Oct 02, 2025

SCDOI Approves Rate Drop on Credit Property Insurance

South Carolina’s insurance director has given final approval to a rate cut on credit property insurance, the coverage that lenders take out on personal property used as collateral. The 2026 rate for household goods – single interest coverage –...

Posted: Oct 02, 2025

Flood Insurer Neptune Shares Climb 24% After $368 Million US IPO

Neptune Insurance Holdings Inc. shares jumped 24% after the flood insurance company’s shareholders raised $368.4 million in a US initial public offering. Shares of the St. Petersburg, Florida-based firm closed at $24.80 each on Wednesday, versu...

Posted: Oct 02, 2025

EPA Wants to Roll Back Super Pollutant Rules

The Environmental Protection Agency has proposed loosening a rule phasing down the use of hydrofluorocarbons, or HFCs, highly potent greenhouse gases used in refrigerators and air conditioners. The Tuesday proposal comes in response to concerns &#822...

Posted: Oct 02, 2025

Tyson Foods to Pay $85 Million in Largest Pork Price-Fixing Settlement

Tyson Foods agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market. The preliminary class …

Posted: Oct 02, 2025

People Moves: Air Force, OSHA Veteran Stager Joins MEMIC Loss Control Team

The MEMIC Group, headquartered in Portland, Maine, hired Eric Stager to serve as a safety management consultant on its loss control team. He will work with policyholders throughout the Northeast. Stager served as chief master sergeant and senior enli...

Posted: Oct 02, 2025

Death and Insurance (Not Taxes), Part 2

This is part 2 of a guest post series from our friend, Christopher Boggs, Chief Consultant at Boggs Risk & Insurance Consulting. In his prior post, he analyzed how an ISO homeowners policy could potentially respond in the event of …

Posted: Oct 02, 2025

Allstate Promotes Rizzo to COO, Merten to President of Property-Liability

Allstate Corp. did some shuffling of it’s senior leadership team Oct. 1. Effective immediate, Mario Rizzo is chief operating officer. He will be responsible for the Northbrook, Illinois-based insurer’s Property-Liability and Protection Se...

Posted: Oct 02, 2025