News Archives - Insurance Journal

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22 05, 2025

Budget Cuts at EPA Become Flashpoint at a Heated Hearing

By | May 22nd, 2025|Uncategorized|Comments Off on 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 …

22 05, 2025

California Security Company Owner Sentenced in $3.4M Workers’ Comp Fraud Case

By | May 22nd, 2025|Uncategorized|Comments Off on 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 …

22 05, 2025

People Moves: Golden Bear Names Hohman Chief Underwriting Officer

By | May 22nd, 2025|Uncategorized|Comments Off on 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 …

22 05, 2025

Fire Damages Popular ‘Pond-to-Table’ Rhode Island Restaurant

By | May 22nd, 2025|Uncategorized|Comments Off on 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 …

22 05, 2025

Thames Water Tops List of Firms Facing Criminal Probes Over Pollution

By | May 22nd, 2025|Uncategorized|Comments Off on Thames Water Tops List of Firms Facing Criminal Probes Over Pollution

Thames Water tops a list of water companies under criminal investigation for pollution by the UK government, a move that could complicate efforts to turn around the beleaguered British utility. The firm, which serves about a quarter of the UK, …

21 05, 2025

First MainStreet Adds 2 Midwest Agencies

By | May 21st, 2025|Uncategorized|Comments Off on First MainStreet Adds 2 Midwest Agencies

First MainStreet Insurance (FMSI), a division of TrueNorth Companies, announced the continued expansion of its platform with two new strategic partnerships and a notable merger, marking a dynamic start to 2025. Effective May 1, 2025, FMSI has partnered with Rentz …

21 05, 2025

Shortage of Overnight Truck Parking Blamed for 2023 Fatal Greyhound Bus Crash in Illinois

By | May 21st, 2025|Uncategorized|Comments Off on Shortage of Overnight Truck Parking Blamed for 2023 Fatal Greyhound 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 …

21 05, 2025

Austin, Texas Bar to Pay $42K Over Pregnancy Discrimination Lawsuit

By | May 21st, 2025|Uncategorized|Comments Off on Austin, Texas Bar to Pay $42K Over Pregnancy Discrimination Lawsuit

Corner Bar, which operates on South Lamar Boulevard in Austin, Texas, will pay $42,000 and provide other equitable relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The lawsuit …

21 05, 2025

State Farm Still Wants a 30% Rate Increase in California

By | May 21st, 2025|Uncategorized|Comments Off on 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 …

22 05, 2025

Washington Insurance Commissioner Issues $500K in Fines; $250K Fine for Unlicensed Insurer

By | May 22nd, 2025|Uncategorized|Comments Off on 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 …