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Tag: insurance-journal

Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
Insurance Journal | September 10, 2026
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California
For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is in the residual market. In the second quarter, the California FAIR Plan added roughly 12,000 residential policies, the fifth consecutive …
Stellantis to Recall Over 200,000 Jeep Vehicles Over Tire-Pressure Monitor
Insurance Journal | September 10, 2026
Stellantis to Recall Over 200,000 Jeep Vehicles Over Tire-Pressure Monitor
Chrysler parent Stellantis is recalling 201,976 Jeep vehicles in the U.S. due to a software error that may cause the tire pressure monitoring system to fail to detect low tire pressure or illuminate the warning light, the U.S. National Highway …
The Big Data/AI ‘Revolution’ Is Driving up Verdicts, Settlements as Plaintiffs Buy In
Insurance Journal | September 10, 2026
The Big Data/AI ‘Revolution’ Is Driving up Verdicts, Settlements as Plaintiffs Buy In
Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
Illinois Sues Repair Company for Deceptive Business Practices
Insurance Journal | September 9, 2026
Illinois Sues Repair Company for Deceptive Business Practices
Illinois Attorney General Kwame Raoul last week filed a lawsuit against ABC Plumbing, Heating, Cooling & Electric, Inc. (ABC) for its deceptive business practices that mislead consumers, most often senior citizens, to sign a contract for home repair work at …
Higginbotham Acquires Kansas’ Two West Capital Advisors
Insurance Journal | September 9, 2026
Higginbotham Acquires Kansas’ Two West Capital Advisors
Higginbotham announced it has acquired Kansas City, Kansas-based Two West Capital Advisors. The specialty firm will bring its full team, experience and operating platform to Higginbotham’s growing retirement planning and wealth management division. Founded in 2010, Two West serves a …
Bamboo Insurance Launches Texas Homeowner Program
Insurance Journal | September 9, 2026
Bamboo Insurance Launches Texas Homeowner Program
Bamboo Insurance announced the launch of its Texas Essential Homeowner Program, a new admitted, flexible product designed to give Texas homeowners greater flexibility in how they structure their coverage. Bamboo Insurance said the structure keeps coverage transparent while providing greater …
People Moves: INSURICA Names Johnson as VP of Sales, P&C; Brown & Riding Adds Armstrong to National Practice
Insurance Journal | September 9, 2026
People Moves: INSURICA Names Johnson as VP of Sales, P&C; Brown & Riding Adds Armstrong to National Practice
INSURICA announced that Erick Johnson has joined the company as Vice President of Sales, P&C. Johnson brings more than 25 years of experience in production, sales leadership and agency management to the role. He has a track record of developing …
New Illinois Law Requires Insurance for High-Speed E-Bikes
Insurance Journal | August 28, 2026
New Illinois Law Requires Insurance for High-Speed E-Bikes
Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Governor JB Prtizker. The new law requires riders of e-bikes and e-motors capable of traveling over 28 mph to have a …
Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
Insurance Journal | August 28, 2026
Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
The Ross Fire has grown into one of the largest wildfires in the Dallas-Fort Worth area’s recorded history, scorching 85,000 acres across Palo Pinto and Jack counties in just three days. The fire, which began Monday near Palo Pinto, grew …
First US Phosphate Plant in Decades Planned Amid Global Conflict
Insurance Journal | August 28, 2026
First US Phosphate Plant in Decades Planned Amid Global Conflict
Farm cooperative CHS Inc. and fertilizer producer OCP North America are proposing a $450 million phosphate fertilizer plant in Louisiana, bolstering domestic supplies as global conflicts have increasingly thwarted the flow of foreign crop nutrients. The proposed plant in Waggaman, …