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Category: Insurance Journal

Lemonade Expands Car Insurance to Indiana
Insurance Journal | July 9, 2025
Lemonade Expands Car Insurance to Indiana
Lemonade announced this week the expansion of its car insurance product in Indiana. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market. Lemonade’s existing customers in the state already account …
People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Restructures Underwriting Operations, Making Leadership Changes
Insurance Journal | July 9, 2025
People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Restructures Underwriting Operations, Making Leadership Changes
This edition of International People Moves details appointments at RiverStone International and MS Reinsurance. A summary of these new hires follows here. RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer RiverStone International Holdings, the UK-based acquirer and reinsurer of …
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
Insurance Journal | July 1, 2025
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know
When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers …
Newsom Signs Bill Overhauling California’s Landmark Environmental Law
Insurance Journal | July 1, 2025
Newsom Signs Bill Overhauling California’s Landmark Environmental Law
Gov. Gavin Newsom on Monday signed into law a bill that will remake California’s landmark environmental protection rules, an overhaul that he says is essential to address the state’s housing shortage and resulting homelessness crisis. Newsom had threatened to reject …
Newsom Signs Bill Overhauling California’s Landmark Environmental Law
Insurance Journal | July 1, 2025
Newsom Signs Bill Overhauling California’s Landmark Environmental Law
Gov. Gavin Newsom on Monday signed into law a bill that will remake California’s landmark environmental protection rules, an overhaul that he says is essential to address the state’s housing shortage and resulting homelessness crisis. Newsom had threatened to reject …
Relation Insurance Acquires Oklahoma’s Advantage Insurance Group
Insurance Journal | July 1, 2025
Relation Insurance Acquires Oklahoma’s Advantage Insurance Group
Relation Insurance Services acquired the assets of Advantage Insurance Group. The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed. Advantage Insurance Group, a family-owned business based in El Reno, Oklahoma, offers a mix …
First Mid Insurance Group Expands Presence in Illinois With Acquisition
Insurance Journal | July 1, 2025
First Mid Insurance Group Expands Presence in Illinois With Acquisition
First Mid Insurance Group, a provider of comprehensive insurance solutions, announced its acquisition of certain assets from AAdvantage Insurance, including the former Waterman-Neely agency based in Chatham, Illinois. This strategic acquisition advances FMIG’s growth strategy by expanding its presence in …
Illinois Settles Wage-Fixing Case with Staffing Agency for $1M
Insurance Journal | July 1, 2025
Illinois Settles Wage-Fixing Case with Staffing Agency for $1M
Illinois Attorney General Kwame Raoul announced a settlement with Midway Staffing Inc. (Midway) that resolves allegations the temporary staffing agency entered into no-poach agreements and engaged in wage fixing with other staffing agencies. This settlement requires Midway to pay $1 …
Elon Musk Says First Tesla Drove Itself From Factory to Customer
Insurance Journal | July 1, 2025
Elon Musk Says First Tesla Drove Itself From Factory to Customer
Tesla Inc. Chief Executive Officer Elon Musk said a Tesla Model Y SUV drove itself from the company’s factory near Austin to a customer’s home in the company’s latest move to showcase its push into autonomous driving. In a post …
Man Accused of Killing Idaho Firefighters Had Once Aspired to Be One
Insurance Journal | July 1, 2025
Man Accused of Killing Idaho Firefighters Had Once Aspired to Be One
A 20-year-old man’s life appeared to have begun to unravel in the months before authorities say he fatally shot two firefighters and severely wounded a third as they responded to a wildfire near Coeur d’Alene, Idaho. Wess Roley was living …