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News Archives - Insurance Journal

AI Regulation Ban Meets Opposition From State Attorneys General
A Republican proposal to block states from regulating artificial intelligence for 10 years drew opposition on from a bipartisan group of attorneys general in California, New York, Ohio and other states that have regulated high-risk uses of the technology. The …

POSTED MAY 22, 2025 5:06 AM
While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance
More than two months after a tornado demolished his Mississippi home, Brian Lowery still sifts through the rubble, hoping to find a tie clip his mother gave him, made from the center stone of her wedding band. “I still have …

POSTED MAY 22, 2025 5:01 AM
Lawsuit Says Florida Aviation Firm Didn’t Verify Inspections of Troubled Learjet
A British aviation firm contends in a lawsuit that a Florida aircraft management company failed to properly inspect a Learjet, botched repairs to landing gear – which allegedly caused a tire blowout on landing – then failed to verify inspection …

POSTED MAY 22, 2025 5:01 AM
California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case
The owner of a San Jose-based security company was sentenced after a California Department of Insurance investigation reportedly uncovered a multiyear scheme to underreport payroll and avoid paying workers’ compensation insurance premiums. Raul Chavez, 40, pleaded guilty to felony premium …

POSTED MAY 22, 2025 5:00 AM
Fire Damages Popular ‘Pond-to-Table’ Rhode Island Restaurant
SOUTH KINGSTOWN, R.I. (AP)— One of Rhode Island’s most famous restaurants has been damaged after a fire broke out early Tuesday morning. Union Fire District Steve Pinch says firefighters arrived at 3:45 a.m. to find heavy smoke and flames coming …

POSTED MAY 22, 2025 5:00 AM
Budget Cuts at EPA Become Flashpoint at a Heated Hearing
The head of the Environmental Protection Agency clashed with Democratic senators Wednesday, accusing one of being an “aspiring fiction writer” and saying another does not “care about wasting money.” Democrats countered that EPA Administrator Lee Zeldin’s tenure will likely mean …

POSTED MAY 22, 2025 5:00 AM
Washington Insurance Commissioner Issues $500K in Fines; $250K Fine for Unlicensed Insurer
Washington’s insurance commissioner issued more than $500,000 in fines for insurance law violations, including $250,000 against an unlicensed insurer and $30,000 for illegal pet insurance sales. Between January and April, Washington Insurance Commissioner Patty Kuderer issued $510,500 in fines for …

POSTED MAY 22, 2025 5:00 AM
People Moves: Golden Bear Names Hohman Chief Underwriting Officer
Golden Bear Insurance Company hired Greg Hohman as chief underwriting officer. Hohman has experience in the excess and surplus lines sector, most recently serving as chief underwriting officer at Munich Re Specialty Insurance. Previous roles include head of domestic casualty …

POSTED MAY 22, 2025 5:00 AM
State Farm Still Wants a 30% Rate Increase in California
State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an interim deal …

POSTED MAY 21, 2025 6:12 PM
Shortage of Overnight Truck Parking Blamed for 2023 Fatal Bus Crash in Illinois
Overnight parking for long-haul truckers at interstate rest stops is critically short and was a key contributor to a 2023 Greyhound bus crash in Illinois that killed three people, federal regulators said Tuesday. The National Transportation Safety Board said driver …

POSTED MAY 21, 2025 4:45 PM

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