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LA Wildfire Victims Ask California Governor to Call for Insurance Commissioner’s Resignation
A few of the victims of the Los Angeles wildfires in January are asking California Gov. Gavin Newsom to call for the resignation of California Insurance Commissioner Ricardo Lara over reforms Lara pushed that were designed to help ease the …
POSTED NOVEMBER 06, 2025 7:52 PM |
Engine Detached From UPS Plane Before Fatal Kentucky Crash
The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people. Louisville Mayor Craig Greenberg said in a post on …
POSTED NOVEMBER 06, 2025 5:38 PM |
People Moves: MGA Pen Underwriting Names Doyle as CEO of Ireland; Berkshire Hathaway Specialty Insurance Promotes de Blieck to Belgium Country Manager
This edition of International People Moves details appointments at the MGA Pen Underwriting and the insurer BHSI. A summary of these new hires follows here. Pen Underwriting Names Doyle as CEO of Ireland Pen Underwriting, the London-based managing general agent, …
POSTED NOVEMBER 06, 2025 5:37 PM |
Root Inc. Reports Strong Growth Despite Q3 Loss
Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to shareholders that …
POSTED NOVEMBER 06, 2025 5:28 PM |
Americans Are Moving Out of Flood-Prone Neighborhoods
The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …
POSTED NOVEMBER 06, 2025 5:25 PM |
JPMorgan Analyst Sues Over Pay Gap With Male Colleague in UK
JPMorgan Chase & Co. was sued in London by an analyst who alleged she was paid less than a male colleague doing the same job and faced retaliation when she raised the issue with managers. Saidya Najeeb, who joined JPMorgan …
POSTED NOVEMBER 06, 2025 5:15 PM |
TWIA Board Votes on 2026 Operating Budget
The Texas Windstorm Insurance Association Board of Directors met Nov. 4 in Corpus Christi, where the board voted on the association’s 2026 operating budget. Net operating expenses are budgeted to increase from 5.2% of earned premium in 2025 to 5.5% …
POSTED NOVEMBER 06, 2025 5:10 PM |
Iowa Contractor Arrested for Insurance Fraud
The Iowa Insurance Division announced the arrest of a contractor for insurance fraud. Shawn Heuss, age 46, of Johnston, was arrested on Thursday, October 30, 2025, and charged with one count of Fraudulent Submission (Class D Felony), one count of …
POSTED NOVEMBER 06, 2025 5:00 PM |
Coalition Acquires MDR Provider Wirespeed
Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against …
POSTED NOVEMBER 06, 2025 4:58 PM |
People Moves: Texas Mutual Names Sangal as COO
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Prateek Sangal as its chief operating officer, effective October 20. In this role, Sangal will oversee all insurance operations, including policyholder services, underwriting and premium audit. …
POSTED NOVEMBER 06, 2025 4:55 PM |
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