More Than 200 Firefighters Battled Warehouse Blaze in Baltimore. No Injuries Reported
More than 200 firefighters battled a massive blaze that broke out at a west Baltimore warehouse, disrupting Amtrak service in the area and prompting officials to move dozens of area residents. Commuter rail service was canceled Tuesday amid fears the …
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 …
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers
German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not disclosed. Founded in 2015, wefox has …
Missouri Lawsuit Filed Against Natural Gas Company Over Fatal Home Explosion
Missouri’s attorney general sued a natural gas company Monday over the explosion of a home in a small town that killed a 5-year-old boy, accusing the utility of violating a state safety law. Attorney General Andrew Bailey’s lawsuit came less …
Texas AG Secures $60M Judgment in Pollution Case
Texas Attorney General Ken Paxton last week announced a judgment of more than $60 million against David Polston and his companies, Inland Environmental and Remediation, Inland Recycling, and Boundary Ventures, for allegedly dumping pollutants in Texas waterways and lands. In …
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 …
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, …
1 Killed, 32 Injured in Bus Vs. SUV Crash on LA Area Freeway
One person was killed and 32 people were injured, including two critically, when a tour bus and a sport utility vehicle collided on a Los Angeles area freeway, officials said. The lone occupant of the SUV died after the vehicle …
Florida OIR Fines Centauri Specialty for Unappointed Adjusters, Other Issues
Sarasota-based Centauri Specialty Insurance, now part of Arbol’s Lilypad Insurance Holdings, used non-appointed adjusters in the wake of Hurricane Ian in 2022 and has agreed to pay a $100,000 fine to Florida regulators. A market conduct examination by the Florida …
Maine Weighs What to Do When Religion Collides With Auto Insurance
Maine lawmakers today are expected to consider a measure that would allow followers of the Mennonite religion to self-insure for motor vehicle insurance. Rep. Steve Foster (R-Dexter) introduced the bill on behalf of his Mennonite constituents who say insurance violates …
Four Hondurans Indicted in Florida on $89M Workers’ Comp, Tax Avoidance Charges
A grand jury in Orlando last week indicted four Honduran nationals for allegedly operating an off-the-books cash payroll scheme for construction workers that defrauded workers’ compensation insurers and avoided payroll taxes. Iris Villafranca, Mario Flores, Osman Zapata, and Cristofer Oseguera …
Court Hears Small Business Bid to Block Trump Tariffs
Five American small businesses asked a U.S. court on Tuesday to halt President Donald Trump‘s “Liberation Day” tariffs, arguing that he overstepped his powers by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more …
Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs
Starwind Specialty Insurance Services, a CRC Group company, said it has launched four insurance programs — Starwind Environmental, Starwind PVT (Political Violence & Terrorism), Starwind Equipment, and Starwind Cannabis. Starwind Environmental, led by Program President Mike Padula, delivers solutions including …
Georgia Insurance Commissioner King Joins Race for Ossoff’s U.S. Senate Seat
Inflammatory Congresswoman Marjorie Taylor Greene won’t, but Georgia Insurance Commissioner John King will run for the U.S. Senate now held by Democrat John Ossoff. King, a former police chief in Georgia, was appointed to the insurance commissioner job in 2019 …
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents, and brokers. McGavick is the former CEO of …
Grid Warns Extreme Heat Risks Summer Power Shortages in Midwest to East
PJM Interconnection LLC, the largest US electric grid serving about 20% of Americans from the Midwest to East Coast, warned that extreme heat this summer could trigger supply shortages for the first time. While PJM expects to have enough power …
FAA Convening Emergency Task Force on Newark Telecom Outages
The Trump administration said on Monday it was convening an emergency task force and fast-tracking urgent steps to prevent additional telecom outages at the facility overseeing Newark air traffic after three incidents have shaken public confidence. Acting Federal Aviation Administration …
Man Who Fell 21 Feet at Pirates Game Takes First Steps But Has ‘Long Way to Go’
The 20-year-old man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a Pittsburgh Pirates game last week took his first steps Monday but still has “a long way to go” in …
Google Facing at Least €12 Billion in Civil Claims Across Europe
Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage claims from dozens of price comparison websites across the European Union which allege that the search and advertising giant stole their customers, according to a Bloomberg News …
Residents Jumped From Windows in Wisconsin Apartment Fire That Killed 4
Residents jumped from the windows of a four-story apartment building in Milwaukee during a Mother’s Day fire that killed four people, critically injured four others and grew so intense that the blaze outmatched the first firefighters to arrive, authorities said. …

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Subscribe to Insurance Journal feed