Insurance news

• Agents Alliance Opposes California FAIR Plan Commission Reductions

  26-08-2026 07:00 via insurancejournal.com
  
  The American Agents Alliance is coming out against commission reductions announced by the California FAIR Plan that will lower compensation for independent insurance brokers. The FAIR Plan is reducing commissions from 10% to 7% on affected new business beginning October …
  
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• New Illinois Law Requires Insurance for High-Speed E-Bikes

  28-08-2026 18:34 via insurancejournal.com
  
  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 …
  
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• Ross Fire Grows Into One of Largest Wildfires on Record in North Texas

  28-08-2026 17:37 via insurancejournal.com
  
  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 …
  
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• First US Phosphate Plant in Decades Planned Amid Global Conflict

  28-08-2026 17:34 via insurancejournal.com
  
  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, …
  
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• Inszone Acquires Michigan’s Aviza Insurance Agency

  28-08-2026 17:29 via insurancejournal.com
  
  Inszone Insurance Services announced the acquisition of Aviza Insurance Agency. The acquisition expands Inszone’s footprint in Michigan, welcoming a respected, community-rooted agency with deep expertise in farm, agribusiness, commercial, personal lines, and benefits into the Inszone network. Founded in 1966 …
  
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• Florida, Hit by Obamacare Drop-Off, Feels the Squeeze of Health Care Costs

  28-08-2026 16:45 via insurancejournal.com
  
  Florida chef Elijah Button was chopping onions in June when his knife slipped and sliced his middle finger to the bone. It was his worst kitchen accident to date. But having given up his Affordable Care Act health insurance plan …
  
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• Tropical Storm Dolly Forms in the Atlantic, Not Named After Dolly Parton

  28-08-2026 16:34 via insurancejournal.com
  
  Tropical Storm Dolly forms in the Atlantic far from land, forecasters said Thursday. The name is quite a coincidence, but has no connection to country music star Dolly Parton, who died this week. Storm systems are named by procedures set …
  
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• Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI

  28-08-2026 16:25 via insurancejournal.com
  
  Florida’s attorney general this week rejected the $18 billion settlement with Meta, calling it too soft on the social media giant formerly known as Facebook. Florida will pursue its own litigation against Meta. “The payouts to the states are peanuts …
  
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• Auto and Home Insurance Consumers Getting Used to Using AI: JD Power

  28-08-2026 16:19 via insurancejournal.com
  
  “Just as we’ve seen with the internet and mobile apps, AI is rapidly becoming a critical conduit to key policy shopping, research and account management decisions among auto and home insurance customers,” said Tony Soloman, director, insurance intelligence at JD …
  
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• Meta Settlement Opens New Front in Global Fight Over Social Media Harm

  28-08-2026 14:42 via insurancejournal.com
  
  Meta’s move to restrict teenagers’ use of social media in the U.S. shows companies have tools to better protect young people online, Australian officials said on Thursday, while in the Philippines, an official said the U.S. company had pledged to …
  
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• Romania Probes Cause of Black Sea Cargo Ship Sinking

  28-08-2026 14:08 via insurancejournal.com
  
  A merchant ship caught fire and sank off the coast of Romania in the Black Sea on Thursday evening, likely after being hit, Romanian President Nicusor Dan and authorities said. The Romanian Border Police on Friday confirmed the fire on …
  
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• War in Iran Continues to Drive Interest in Renewables

  28-08-2026 14:00 via insurancejournal.com
  
  Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of Hormuz into a naval battleground, the world is getting a fuller picture of how the Iran war has reshaped the economics of energy. A …
  
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• Police Reports Undercount Cellphone Use Before Crashes: Study

  28-08-2026 13:52 via insurancejournal.com
  
  A new study drawing on telematics data confirms that far more drivers are using cellphones in the lead-up to crashes than is reflected in police reports, according to the Insurance Institute for Highway Safety. The data, derived from driver-enrolled safe-driving …
  
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• OpenAI, Anthropic Urge Cyber Defense Action as AI Models Improve

  28-08-2026 13:15 via insurancejournal.com
  
  Artificial intelligence companies OpenAI and Anthropic PBC, along with more than 100 other tech and financial services organizations, warned that businesses and governments must do more to prepare for and defend against AI-enabled hacks. In an open letter Thursday, the …
  
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• Kalshi Weather Odds Are Coming to a Weather App Near You

  28-08-2026 12:27 via insurancejournal.com
  
  Kalshi Inc. has entered a partnership with The Weather Company to bolster the data it uses to settle contracts in rapidly growing weather and climate prediction markets. The prediction platform is seeking to establish market-implied probabilities as another source of …
  
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• Researchers Discover Additional Backdoors in Chinese-Made Zbtlink Routers

  28-08-2026 07:10 via insurancejournal.com
  
  More than a dozen models of Chinese-made Zbtlink routers ship with at least two backdoors that could allow for invasive remote access akin to “surveillance,” according to new findings from cybersecurity firm VulnCheck. The two new backdoors — dubbed “Darklantern” …
  
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• China Flexes its Auto-Safety Chops With Huge Recall of Tesla, Other Cars

  28-08-2026 07:05 via insurancejournal.com
  
  A huge recall in China last week aims to address a long-standing fear of EV owners: potentially being trapped in their cars when the power fails. It also highlights how Beijing is now spearheading new auto safety standards for some …
  
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• US Widens Lettuce-Related Cyclosporiasis Probe to 20 States

  28-08-2026 07:00 via insurancejournal.com
  
  U.S. health authorities have widened their probe into a cyclosporiasis outbreak tied to iceberg lettuce from central Mexico after detecting cases in three additional states, raising the total to 20 states, the Food and Drug Administration (FDA) and the Centers …
  
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• Owner of Home on Fire Stole First Responder’s Rescue Truck: Police

  28-08-2026 07:00 via insurancejournal.com
  
  A New Hampshire man faces multiple charges after police say he stole a rescue truck from one of the first responder agencies responding to his burning home in Dalton. At approximately 3:50 a.m. on August 25, State Troopers were responding …
  
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• NY City Mayor Mamdani Assembles Executive Panel to Smooth Ties With Business

  28-08-2026 07:00 via insurancejournal.com
  
  More than a dozen corporate executives have been recruited by New York City Mayor Zohran Mamdani to serve on a new business advisory council, as the democratic socialist leader seeks to improve his relations with a business community wary of …
  
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• LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds

  28-08-2026 07:00 via insurancejournal.com
  
  More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses …
  
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• DOJ to Challenge Dismissal of Harvard Civil Rights Suit

  28-08-2026 07:00 via insurancejournal.com
  
  The Trump administration told a federal judge it will challenge the dismissal of its lawsuit against Harvard University alleging that the school violated civil rights laws by failing to protect Jewish and Israeli students after the October 2023 attack by …
  
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• Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports

  28-08-2026 07:00 via insurancejournal.com
  
  Many small business wanting to grow by selling to customers in other countries learn the costs for trade shows, international travel, insurance, and market research can be an obstacle. Delaware has a program — The Compass Grant— that helps cover …
  
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• Court Approves Bank of America’s $72.5 Million Settlement With Epstein Accusers

  28-08-2026 07:00 via insurancejournal.com
  
  A federal judge said on Thursday he would grant final approval to Bank of America’s $72.5 million class-action settlement with women who accused the second-largest U.S. bank of facilitating their sexual abuse by the late financier Jeffrey Epstein. U.S. District …
  
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• Analysis: Meta’s Social Media Settlement Leaves Its Money Machine Unscathed

  28-08-2026 07:00 via insurancejournal.com
  
  Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact. The social media giant agreed on Wednesday to pay as much as $18 billion over a decade and limit how teenagers use Facebook and …
  
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• Mercury Insurance Founder Joseph Dies at Age 104

  27-08-2026 19:14 via insurancejournal.com
  
  George Joseph, who founded Mercury General Corp. nearly 65 years ago, has died at age 104, the company announced this week. Joseph served as chairman from the company’s founding and led Mercury as CEO for 45 years, ending his time …
  
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• Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart

  27-08-2026 18:54 via insurancejournal.com
  
  A lip-licking alligator, a smiling moose and a hat-wearing bear are among the many cartoon animals to have found themselves in the crosshairs of Buc-ee’s, the popular Texas convenience store chain that has a penchant for protecting its buck-toothed beaver. …
  
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• Wildfire Burns Structures in North Central Texas

  27-08-2026 18:45 via insurancejournal.com
  
  A wildfire that exploded in size in a matter of hours ripped through wide swaths of ranchland in rural Texas, burning structures at a youth camp while forcing evacuations and closing schools Tuesday. The fire, which began early Monday afternoon, …
  
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• Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit

  27-08-2026 18:25 via insurancejournal.com
  
  Carnival Cruise Line, long the subject of lawsuits accusing its crew members of unwanted sexual advances on passengers, has won a new trial in a case in which a Florida jury awarded $10.3 million to a young woman who said …
  
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• Near-Miss Data Can Expedite Self-Driving Vehicle Algorithm Training: Study

  27-08-2026 18:03 via insurancejournal.com
  
  Researchers have developed a new approach to boosting self-driving vehicle algorithms that could significantly reduce the time and cost required to prepare automated vehicles for real-world deployment, according to the University of Michigan. Rather than relying on the vast amounts …
  
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