News Archives - Insurance Journal

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9 04, 2026

Berkshire-Owned PacifiCorp Wins Ruling That Could Reduce Oregon Wildfire Damages

By | April 9th, 2026|Uncategorized|Comments Off on Berkshire-Owned PacifiCorp Wins Ruling That Could Reduce Oregon Wildfire Damages

An appeals court on Wednesday ruled in favor of Berkshire Hathaway’s PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the utility proceed as a class action. The decision by …

9 04, 2026

California Workers’ Comp Bureau Upping Fee for Special Inspections

By | April 9th, 2026|Uncategorized|Comments Off on California Workers’ Comp Bureau Upping Fee for Special Inspections

The Workers’ Compensation Insurance Rating Bureau of California will increase the fee for special inspections from $200 to $500 per location inspected. Special Inspections, conducted at the request of an insurer, broker or agent of record to confirm classifications, are …

7 04, 2026

Two Firefighters Killed in Collision During Search for Missing Woman

By | April 7th, 2026|Recent Articles, Uncategorized|Comments Off on Two Firefighters Killed in Collision During Search for Missing Woman

Two firefighters traveling in a utility vehicle along a Pennsylvania road during a search for a missing woman were killed in a head-on crash with a car, officials said. The two members of the Walnuttown Fire Company died after the …

8 04, 2026

How Maine Regulators Say They Saved Residents $5.8 Million on Insurance

By | April 8th, 2026|Uncategorized|Comments Off on How Maine Regulators Say They Saved Residents $5.8 Million on Insurance

The Maine Bureau of Insurance reported that its employees’ work regulating insurance rates saved residents $5.8 million in potential increases for auto and homeowners coverage in 2025. The regulatory agency also said it recovered more than $4.5 million for Mainers …

8 04, 2026

Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested

By | April 8th, 2026|Uncategorized|Comments Off on Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested

An employee of a company that operates a distribution center for Kimberly-Clark Corp. has been arrested on arson charges after a massive fire broke out Tuesday at the facility in California that serves around 50 million people. The 1.2 million-square-foot …

8 04, 2026

Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers

By | April 8th, 2026|Uncategorized|Comments Off on Viewpoint: The Missing Link in Commercial? No Paper Trail is Costing Insurers

Consider the moment a major commercial building changes hands. Thousands of hours of engineering work, such as structural specifications, systems commissioning data, compliance documentation, and material certifications, are packaged and transferred to the new owner. Those files land on a …

8 04, 2026

Truck Rates at Highest Since 2022 Add to Inflation Pressures

By | April 8th, 2026|Uncategorized|Comments Off on Truck Rates at Highest Since 2022 Add to Inflation Pressures

Skyrocketing fuel prices due to the Iran war are fanning the embers of transportation costs, which were already rising due to a shrinking pool of drivers in the US. Trucking operators saw diesel prices spike by almost 50% since the …

8 04, 2026

Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped

By | April 8th, 2026|Uncategorized|Comments Off on Shipowners Eye Hormuz Truce With 800 Vessels Still Trapped

Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and, at least in theory, provide an exit window for more than 800 vessels trapped in the Persian Gulf. The …

8 04, 2026

Update: US, Iran Agree to Two-Week Ceasefire as Israel Escalates Parallel War in Lebanon

By | April 8th, 2026|Uncategorized|Comments Off on Update: US, Iran Agree to Two-Week Ceasefire as Israel Escalates Parallel War in Lebanon

Relief over a truce between the United States and Iran gave way on Wednesday to alarm that fighting was still raging across the region, as Israel launched its biggest attacks yet on Lebanon, and Iran struck Gulf neighbors’ oil facilities. …

8 04, 2026

Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire

By | April 8th, 2026|Uncategorized|Comments Off on Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire

Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations. “At this point, we …