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Category: Insurance Journal

4 Dead After Flooding in Arizona, Including in Historic Mining Town
Insurance Journal | September 29, 2025
4 Dead After Flooding in Arizona, Including in Historic Mining Town
Four people died after heavy rain caused flooding in Arizona, including three in a rural 19th-century mining town where floodwaters on Friday forced people to seek safety on rooftops and washed out a propane distributorship, scattering about 1,000 tanks downtown. …
Lawmakers Press FEMA on the Future of US Flood Insurance
Insurance Journal | September 29, 2025
Lawmakers Press FEMA on the Future of US Flood Insurance
Two Democratic lawmakers are pressing the Trump administration about its management of the National Flood Insurance Program after cuts at the agency that runs it, the Federal Emergency Management Agency. In a letter to FEMA’s Acting Administrator David Richardson that …
First Radar Images From NASA Satellite Showcase Maine Coast, North Dakota Farmland
Insurance Journal | September 29, 2025
First Radar Images From NASA Satellite Showcase Maine Coast, North Dakota Farmland
NASA’s first radar images from a new Earth-mapping satellite show the Maine coast and North Dakota farmland in incredible detail. The pictures, released Thursday, are from a spacecraft that rocketed into orbit from India two months ago. The joint U.S.-Indian …
Minnesota’s Political Divide Stalls Gun Control Efforts
Insurance Journal | September 29, 2025
Minnesota’s Political Divide Stalls Gun Control Efforts
As Minnesota mourned a mass shooting at a church that left two schoolchildren dead and 21 people injured, Gov. Tim Walz promised to call a special session for the Legislature to pass solutions to gun violence and school safety. But …
California’s Insurance Commissioner Is Seeking Changes to The Intervenor Process
Insurance Journal | September 19, 2025
California’s Insurance Commissioner Is Seeking Changes to The Intervenor Process
California Insurance Commissioner Ricardo Lara on Friday announced he wants to make certain reforms to the state’s insurance law, Proposition 103, including changing the controversial intervenor process. Prop. 103, passed by voters in 1988, is the state’s bedrock insurance law …
People Moves: IMA Financial Group Names Leadership Appointments in Houston Office
Insurance Journal | September 19, 2025
People Moves: IMA Financial Group Names Leadership Appointments in Houston Office
IMA Financial Group, a North American insurance brokerage firm specializing in risk management, wholesale brokerage, and wealth management, has announced two key leadership appointments in its Houston office to support the company’s commitment to the region and its growing client …
Grange Policy Not Ambiguous in Death of Family Killed in 2019 Kentucky Crash
Insurance Journal | September 19, 2025
Grange Policy Not Ambiguous in Death of Family Killed in 2019 Kentucky Crash
A trial court said the insurance policy was ambiguous, allowing a commercial umbrella policy to supplement coverage in the deaths of five people killed by a drunken driver in 2019. But the Kentucky Supreme Court this week found that the …
Texas Insurance Agent Pleaded Guilty After Stealing Premiums
Insurance Journal | September 19, 2025
Texas Insurance Agent Pleaded Guilty After Stealing Premiums
A Texas Department of Insurance (TDI) investigation led to prison time for a former insurance agent who overcharged almost $300,000 in insurance premiums. Carlyle Poindexter pleaded guilty to conspiracy to commit wire fraud in August and was sentenced to five …
More Than 60 Containers Fall Off Ship in Long Beach Port
Insurance Journal | September 10, 2025
More Than 60 Containers Fall Off Ship in Long Beach Port
More than 60 containers toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel named the Mississippi shortly before 9 a.m. on Tuesday, and no …
California Plans to Boost Utility Wildfire Fund by $18 Billion
Insurance Journal | September 10, 2025
California Plans to Boost Utility Wildfire Fund by $18 Billion
California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people familiar with the negotiations who …