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News Archives - Insurance Journal
California Commissioner Advances Proposal to Overhaul Intervenor Process
California Insurance Commissioner Ricardo Lara and the California Department of Insurance are continuing to try and revamp the state’s intervenor process, in which groups or people are paid for intervening in rate hearings. Lara and the CDI submitted the Intervenor …
POSTED APRIL 20, 2026 8:28 PM |
People Moves: Swingle Collins & Associates Appoints Curtis as CEO
Swingle Collins & Associates announced the appointment of Dan Curtis as Chief Executive Officer, effective March 31, 2026. In conjunction with the appointment, Founder and CEO Frank Swingle will transition to the role of Executive Chairman, where he will continue …
POSTED APRIL 20, 2026 4:53 PM |
Low-Producing Oil Wells Cause Headaches for Texans
Some Texas oil wells gush hundreds of barrels of oil a day. But many are like the wells on Jackie Chesnutt’s ranch in West Texas that only trickle out a couple barrels a month. Chesnutt, a retired engineer, claims the …
POSTED APRIL 20, 2026 4:47 PM |
Destructive Winds and Tornadoes Leave Trail of Damage Across Midwest
A trail of damaged homes and buildings dotted a wide swath of the U.S. on Saturday after a burst of destructive winds and reported tornadoes tore off roofs, uprooted trees and rendered rural roads impassable with debris. No deaths were …
POSTED APRIL 20, 2026 4:34 PM |
Michigan Feared Cheboygan Dam Danger Before Rains Pushed it to Brink
Local, state and federal officials were aware of the dangers posed by the Cheboygan Lock and Dam for years before floodwaters pushed it to the brink of collapse, records show. Yet they failed to compel private owners to repair the …
POSTED APRIL 20, 2026 4:26 PM |
UPS Plane Aborts Landing in Louisville After Small Plane Crosses Runway
A UPS cargo plane had to abort its landing in Louisville last week when a small plane crossed the runway just as it approached. The air traffic controller yelled “Skylab 25, stop!” at the small plane before quickly ordering the …
POSTED APRIL 20, 2026 3:48 PM |
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades
Sugar tycoons Jose “Pepe” Fanjul and Alfonso “Alfy” Fanjul Jr. have a plan to dig up thousands of acres of the Florida Everglades for rock that the state needs to build roads. One of the brothers’ billionaire neighbors in Palm …
POSTED APRIL 20, 2026 3:37 PM |
Lawmakers Gather to Talk About AI; Angst and Fears of ‘Destruction’ Follow
A congressional subcommittee on April 16 held a roundtable discussion on the potential of artificial intelligence, which took a turn toward the existential as each lawmaker aired their anxieties about the rapidly evolving technology. Rep. James Walkinshaw, D-Va., expressed alarm …
POSTED APRIL 20, 2026 3:00 PM |
Business Interruption: Liquor Delivery Backlog Frustrates Retailers in Mississippi
Brandi Carter needs her wine. As the owner of Levure Bottle Shop in Jackson, Mississippi, she sells natural wine delivered to her business by a state agency responsible for distributing alcoholic beverages to liquor stores, bars and restaurants. But delays …
POSTED APRIL 20, 2026 2:37 PM |
Justice Department Targets Leading US Egg Producers in Antitrust Case: Report
The U.S. Justice Department is preparing an antitrust suit against a few major egg producers, including Cal-Maine Foods and Versova, over alleged price coordination, the Wall Street Journal said on April 17, citing people familiar with the matter. Shares of …
POSTED APRIL 20, 2026 2:09 PM |
News Archives - Claims Journal
FBI Director Patel Suing Atlantic in $250 Million Defamation Case
FBI Director Kash Patel filed a $250 million defamation lawsuit against The Atlantic and staff writer Sarah Fitzpatrick over a story alleging excessive drinking and unexplained absences, calling the reporting “malicious lies” built on anonymous sources with partisan motives. The …
POSTED APRIL 20, 2026 6:30 PM |
Hormuz Traffic at Standstill After Iran Abruptly Ends Reopening
Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening over the weekend ended with the first US seizure of an Iranian vessel — underscoring just how difficult it will …
POSTED APRIL 20, 2026 2:59 PM |
US Weighs Tougher Auto Import Rules to Accelerate Reshoring
The Trump administration is considering potential changes to North American trade rules that would raise tariff costs on U.S. automobile imports and push manufacturers to boost domestic production, according to people familiar with the matter. U.S. officials have discussed requiring …
POSTED APRIL 20, 2026 2:01 PM |
AI for the Defense: Should Insurers or Law Firms Pay?
The idea that AI tools can help plaintiffs’ lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to insurance industry readers. Nor is the suggestion that defense firms need to try to …
POSTED APRIL 20, 2026 5:00 AM |
GE Vernova Must Continue Work on $4.5B Wind Farm Project, Judge Rules
A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 …
POSTED APRIL 20, 2026 5:00 AM |
Global Financial Watchdog to Share Insights on Anthropic’s Mythos
The Financial Stability Board is gathering information from members about potential risks posed by Anthropic’s Mythos model as it look to share such insights more broadly among its network of regulators and central bankers to help them judge the risks …
POSTED APRIL 20, 2026 5:00 AM |
AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11% but, according to Fitch Ratings, there are some underwriting concerns brought on by developments with artificial intelligence. Fitch said …
POSTED APRIL 20, 2026 5:00 AM |
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
A federal judge last month approved a preliminary class settlement resolving claims that State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an erroneous valuation method. Under the settlement agreement, State Farm will pay $15.6 million to …
POSTED APRIL 20, 2026 5:00 AM |
Iran Says Hormuz Strait Now Completely Open for Commercial Ships
Iran announced that the Strait of Hormuz is now "completely open" for commercial traffic, a big step toward ending a war that's sent energy prices surging.
POSTED APRIL 17, 2026 1:31 PM |
Ford Recalling 1.4 Milion Pickup Trucks Over Gearshift Issue
Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a U.S. National Highway Traffic Safety Administration investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two “potentially” …
POSTED APRIL 17, 2026 1:18 PM |
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