Insurance news

• California Uber Drivers Seeking $1B Bounty Claim as Trial Draws Near

  08-04-2016 17:08 via insurancejournal.com
  
  Uber Technologies Inc. drivers suing to be treated like employees are trying to add $1 billion in penalties under California’s unique “bounty hunter” statute as they prepare for trial in June. About 240,000 current and former Uber drivers in California …
  
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• People Moves: Severino Joins Alliant’s Midwest Benefits Team; Doubtless Names Wiley as Regional President for North America

  07-10-2026 18:05 via insurancejournal.com
  
  Jeff Severino has joined Alliant Insurance Services as vice president within its employee benefits group on the Alliant Affinity team. Based in Kansas City, Severino will work with clients nationwide to design and develop tailored programs, drawing on a broad …
  
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• AM Best Withdraws Credit Ratings of Hartland Mutual

  07-10-2026 18:00 via insurancejournal.com
  
  AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Hartland Mutual Insurance Company (Hartland) (Minot, ND). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best …
  
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• FTC, USDA Seek Comment on Farm Equipment Market Practices

  07-10-2026 17:53 via insurancejournal.com
  
  he Federal Trade Commission and the US Department of Agriculture launched an inquiry into the agricultural equipment market, including potential anticompetitive conduct. The public inquiry, announced Wednesday, seeks to address a “growing number of complaints” from farmers that they “face …
  
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• Sanlam’s $1.2 Billion Bid for Santam Would Give More Freedom to Deploy Capital

  07-10-2026 17:16 via insurancejournal.com
  
  Sanlam Ltd.’s $1.2 billion bid to take full ownership of Santam Ltd. will give Africa’s top insurer more freedom to deploy capital across the continent, India and the Lloyd’s of London market, the latest step in an expansion that will …
  
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• Markets/Coverages: Aviva to Enter US Specialty Market in Q4

  07-10-2026 17:14 via insurancejournal.com
  
  Starting this quarter, Aviva said it is entering the U.S. specialty market with Aviva Specialty, which will begin underwriting commercial property. Aviva Specialty will serve open-market brokerage, and partnering with leading program administrators. As a wholly owned surplus carrier, Aviva …
  
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• National Flood Insurance Program’s Authority to Expire in December

  07-10-2026 16:57 via insurancejournal.com
  
  The National Flood Insurance Program is once again set to expire in two months. Early last month, NFIP’s authority to operate was renewed when the president signed legislation passed by Congress to keep NFIP running until midnight Dec. 12. According …
  
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• Heffernan Insurance Acquires Walterry Brokers of Maryland

  07-10-2026 16:11 via insurancejournal.com
  
  California-based Heffernan Insurance Brokers has acquired Walterry Insurance Brokers, an independent insurance agency based in Clinton, Maryland. The Walterry team joined Heffernan effective May 1, 2026. Established in 1968, Walterry Insurance Brokers specializes in media liability, professional liability, and business …
  
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• Arthur J. Gallagher & Co. Acquires Irish MGA, Ornella Underwriting Ltd.

  07-10-2026 16:09 via insurancejournal.com
  
  Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired Wexford, Ireland-based Ornella Underwriting Ltd. Terms of the transaction were not disclosed. Ornella is a managing general agent (MGA) providing a diverse range of commercial …
  
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• Arthur J. Gallagher & Co. Acquires Irish MGA Ornella Underwriting Ltd.

  07-10-2026 16:09 via insurancejournal.com
  
  Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired Wexford, Ireland-based Ornella Underwriting Ltd. Terms of the transaction were not disclosed. Ornella is a managing general agent (MGA) providing a diverse range of commercial …
  
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• Six Charged for Roles in ‘Smash-and-Grab’ Robberies of Jewelry Stores

  07-10-2026 15:38 via insurancejournal.com
  
  Six people have been charged for their alleged roles in “smash-and-grab” robberies targeting jewelry stores across New Jersey, U.S. Attorney Robert Frazer announced. According to prosecutors, masked and gloved perpetrators used crow bars and/or sledgehammers to smash the glass doors …
  
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• Google Accused of Overcharging 20 Million Consumers in UK Class Action

  07-10-2026 14:26 via insurancejournal.com
  
  Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million UK customers. The US giant’s 30% levy for digital purchases violated competition law and consumers affected …
  
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• Iran Ramps Up Ship Attacks in Hormuz as Oil, Gas Flows Rise

  07-10-2026 13:12 via insurancejournal.com
  
  Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint approach prewar levels.UK Maritime Trade Operations has reported nine attacks in the …
  
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• Don’t Sweat the Heatwave, El Niño Is Cooking up Some Raucous Weather for California

  07-10-2026 13:00 via insurancejournal.com
  
  Most of the attention on California’s weather is focused right now on an unusual October heat wave with triple-digit temperatures in some areas, but talk of “atmospheric rivers” bringing crashing waves, pounding rain and snow by the feet to the …
  
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• Volkswagen Sets Aside £725 Million for UK Car Finance Payout

  07-10-2026 12:29 via insurancejournal.com
  
  The UK financing arm of Volkswagen AG has made a £725 million ($960 million) provision to cover the costs of a plan to compensate British customers who were overcharged for car loans. It’s the first time that Volkswagen Financial Services …
  
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• Gulf Coast on Alert for First Hurricane of 2026

  07-10-2026 08:02 via insurancejournal.com
  
  A tropical depression in the Atlantic is forecast to strengthen into a hurricane and bring heavy rainfall and high winds to the central Gulf Coast this weekend. Tropical Depression 9 is expected to impact southeastern Louisiana to the Florida Panhandle, …
  
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• Weather Damage Turning Into Long-Term Debt for Homeowners: Report

  07-10-2026 07:13 via insurancejournal.com
  
  A new report revealed half of U.S. homeowners paid out of pocket for weather damage the past three years, and only 22% feel very financially prepared for an unexpected weather repair, according to tech-native insurance group Hippo Holdings. Hippo’s third …
  
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• McDonald’s Hit With Class Action Alleging AI-Powered Menu Price-Fixing

  07-10-2026 07:12 via insurancejournal.com
  
  McDonald’s has been sued in federal court in Chicago in a proposed nationwide class action alleging the fast-food company illegally coordinates menu prices across its franchises and company-owned restaurants through an AI-powered pricing system. The lawsuit, filed on Oct. 2, …
  
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• SpaceX Seeks Approval for Florida Gas Pipeline to Support Cape Canaveral Launches

  07-10-2026 07:02 via insurancejournal.com
  
  Elon Musk’s SpaceX SPCX.O is seeking approval to build a natural gas pipeline in Florida to supply fuel for its rocket launched from Cape Canaveral, according to a state regulatory filing from September. A SpaceX subsidiary, Coastal Connect Services (CCS), …
  
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• Karen Clark Rolls Out Severe Convective Storm Model 5.0

  07-10-2026 07:01 via insurancejournal.com
  
  Karen Clark & Co., long considered one of the more accurate catastrophe risk modeling firms, has announced its latest severe convective storm model—Version 5.0—now with a new option on roof values. “While previously, roof replacement cost was assumed to be …
  
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• Corgi Insurance Launches Fine Arts, Sports and Entertainment Coverage

  07-10-2026 07:00 via insurancejournal.com
  
  San Francisco-based Corgi Insurance has launched fine arts coverage for individuals and businesses, and it introduced Golden by Corgi, a sports and entertainment insurance platform offering coverage through its surplus lines carrier. The fine arts coverage protects eligible artwork and …
  
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• Bermuda Insurance Executive and Mother Were on Missing Medical Flight to Boston

  07-10-2026 02:39 via insurancejournal.com
  
  The two passengers aboard an air ambulance that crashed in the waters off Massachusetts over the weekend while flying from Bermuda to Boston were identified Monday as a mother from Bermuda and her son, an executive with Hamilton Re. Bermuda …
  
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• Thousands of European Wind, Solar Power Systems Exposed Online: Dutch Researchers

  06-10-2026 19:29 via insurancejournal.com
  
  Thousands of administrative systems at wind and solar power parks in Europe are exposed to the internet, potentially giving attackers access to interfaces that can stop turbines and raising the risk of sabotage, Dutch researchers warned on Tuesday. The exposed …
  
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• Missouri AG Secures $42K Judgment Against Contractor Accused of Fraud

  06-10-2026 18:54 via insurancejournal.com
  
  Missouri Attorney General Catherine Hanaway announced that her office secured a jury conviction against Daniel Eschliman for scamming an elderly couple out of more than $42,000. Eschliman allegedly stole from the victims over the course of six months. During those …
  
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• Data Centers Pump $340M Into Rural Texas Projects

  06-10-2026 18:51 via insurancejournal.com
  
  A new water tower in Turkey: $3 million. Upgrades for a museum in Stamford: $400,000. A first responders appreciation barbecue in Medina County: $10,000. These are just some of the public investments data center companies have paid for across rural …
  
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• AM Best Revises Outlook to Stable for Ohio’s Buckeye State Mutual

  06-10-2026 18:32 via insurancejournal.com
  
  AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Buckeye State Mutual Insurance Company and its affiliate, Home and Farm …
  
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• US Gulf Faces Heavy Rain Threat From Developing Tropical System

  06-10-2026 18:29 via insurancejournal.com
  
  A tropical system developing in the Bay of Campeche may reach the US Gulf Coast this weekend, threatening heavy rain while potentially skirting major oil and gas hubs. The swirl of showers and winds has a 90% chance of becoming …
  
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• People Moves: Hartford Names Smith as International Head of Distribution in UK; Augment Risk Taps Haynes From Carpenter for MGA Practice

  06-10-2026 18:14 via insurancejournal.com
  
  This edition of International People Moves details appointments at the insurer Hartford International and the London broker Augment Risk. A summary of these new hires follows here. Hartford Names Smith as International Head of Distribution in UK The Hartford has …
  
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• People Moves: Hartford Names Smith as International Head of Distribution in UK

  06-10-2026 18:14 via insurancejournal.com
  
  This edition of International People Moves details appointments at the insurer Hartford International and the London broker Augment Risk. A summary of these new hires follows here. Hartford Names Smith as International Head of Distribution in UK The Hartford has …
  
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• Agency Network SIAA Acquires MGA Canopy Specialty Insurance

  06-10-2026 17:51 via insurancejournal.com
  
  Insurance agency network SIAA reports it has acquired Canopy Specialty Insurance, a specialty commercial property and casualty managing general agent (MGA) with operations in the U.S. and U.K. The addition of Canopy adds specialized underwriting and product development capabilities to …
  
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