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News Archives - Insurance Journal

Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires
Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complaint filed in Los Angeles …

POSTED JULY 18, 2025 11:10 PM
People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names Dawson SVP and CHRO
Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler will retire at the end of 2026 after more than 40 years of dedicated service to the company. As part …

POSTED JULY 18, 2025 4:42 PM
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints, including several filed this week in Chicago, allege decades …

POSTED JULY 18, 2025 4:08 PM
Cayman Islands Approves 21 New International Insurance Licenses During H1
The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses have been approved for 21 new international insurers during the first half of this year. Between April and June, CIMA …

POSTED JULY 18, 2025 3:17 PM
Neptune Adds Capacity to Bring Flood Insurance Product Nationwide
Flood insurer Neptune Flood said recently it secured over $400 million in premium capacity and has launched in Alaska to officially become available in all 50 states. Neptune said its capacity panel now includes more than 30 insurance and reinsurance …

POSTED JULY 18, 2025 3:16 PM
Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products
A former Tennessee insurance agent who lost his license in 1999 but continued to sell insurance products has been sentenced to 10 years in prison. Most of that jail time was suspended by a judge. Johnny Ray Jackson, 55, of …

POSTED JULY 18, 2025 2:21 PM
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several key leadership appointments within …

POSTED JULY 18, 2025 2:02 PM
Trump Nominates Two Lawyers to Seal Republican Control of US Labor Board
President Donald Trump has moved to install a Republican majority at the federal board that hears private-sector labor disputes and oversees union elections, which has been paralyzed by his unprecedented firing of a Democratic member. The White House sent the …

POSTED JULY 18, 2025 1:56 PM
King Risk Adds Equestrian Specialist Agency in South Carolina
King Risk Partners, a national insurance brokerage with home offices in Gainesville, Florida, has acquired Cummings Insurance Agency in Aiken, South Carolina. Cummings, founded in 2014, has specialized in agricultural and equestrian clients, the companies said in a news release. …

POSTED JULY 18, 2025 1:36 PM
Alaska Tsunami Warning Had Residents Scrambling for High Ground After M7.3 Quake
Communities along a 700-mile stretch of Alaska’s southern coast ordered residents to higher ground after a powerful offshore earthquake Wednesday, but officials quickly downgraded and then canceled a tsunami warning for the region. There were no reports of significant damage. …

POSTED JULY 18, 2025 1:33 PM

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