News Archives - Insurance Journal

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3 11, 2025

ReSource Pro Acquires Indiana-Based Supportive Insurance Services

By | November 3rd, 2025|Uncategorized|Comments Off on ReSource Pro Acquires Indiana-Based Supportive Insurance Services

ReSource Pro, a strategic operations partner serving the insurance industry, announced the acquisition of Supportive Insurance Services (SIS), a provider of licensing and renewal services. SIS’s deep specialization in adjuster licensing and compliance services complements ReSource Pro’s existing offerings, which …

3 11, 2025

Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later

By | November 3rd, 2025|Uncategorized|Comments Off on Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later

Spend enough time along the shores of Lake Superior and it won’t be long before there’s some reminder of what happened “when the gales of November came early.” This year marks the 50th anniversary of the wreck of the Edmund …

3 11, 2025

People Moves: Encova Insurance Names Webber and Rao as VPs

By | November 3rd, 2025|Uncategorized|Comments Off on People Moves: Encova Insurance Names Webber and Rao as VPs

Encova Insurance, headquartered in Columbus, Ohio, named Zach Webber as vice president, corporate actuarial, and Boppana Rao as vice president, enterprise digitization, AI and data. Webber has nearly two decades of actuarial experience across both commercial and personal lines, with …

4 11, 2025

Viewpoint: California Workers’ Comp Outlook And What Stakeholders Need to Know

By | November 4th, 2025|Uncategorized|Comments Off on Viewpoint: California Workers’ Comp Outlook And What Stakeholders Need to Know

Workers’ compensation insurance premium rates in California have been in a steady decline for many years, after a series of reforms to the system reduced claim payouts, and subsequent changes to the experience modification rating calculation decreased the impact of …

4 11, 2025

US Sees Air Safety Risks as Government Shutdown Hurts Flying

By | November 4th, 2025|Uncategorized|Comments Off on US Sees Air Safety Risks as Government Shutdown Hurts Flying

Transportation Secretary Sean Duffy said he’d close US airspace if officials determined air travel was dangerous, as the government shutdown stretches into its second month. “If we thought that it was unsafe, we’ll shut the whole airspace down,” Duffy said …

4 11, 2025

California Labor Commish Fines Costco, Others $868K for Misclassifying Drivers

By | November 4th, 2025|Uncategorized|Comments Off on California Labor Commish Fines Costco, Others $868K for Misclassifying Drivers

Costco, Ryder Last Mile Inc. and Mega Nice Trucking LLC $868,128 citation has been issued by the California Labor Commissioner’s Office for worker misclassifying and labor law violations affecting 58 delivery drivers. The LCO reports that Ryder Last Mile Inc. …

4 11, 2025

People Moves: Starkweather & Shepley Welcomes Leamy

By | November 4th, 2025|Uncategorized|Comments Off on People Moves: Starkweather & Shepley Welcomes Leamy

Starkweather & Shepley Insurance Brokerage, Inc., headquartered in East Providence, Rhode Island, hired Dennis Leamy as a commercial risk advisor. Leamy joins the firm with nearly 20 years of experience in property, casualty, and life insurance, along with a record …

4 11, 2025

Assailants Attack Tanker off Somalia in Suspected Pirate Strike

By | November 4th, 2025|Uncategorized|Comments Off on Assailants Attack Tanker off Somalia in Suspected Pirate Strike

Armed assailants attacked a commercial tanker off the coast of Mogadishu on Monday, firing at the vessel after attempting to board the ship in the first suspected Somali piracy incident of its kind since 2024, maritime sources said. If confirmed, …

30 10, 2025

GM to Cut EV, Battery Production and 1,200 jobs at Michigan Plant

By | October 30th, 2025|Uncategorized|Comments Off on GM to Cut EV, Battery Production and 1,200 jobs at Michigan Plant

General Motors GM.N said on Wednesday it will cut U.S. electric vehicle and battery production and 1,200 factory jobs at its EV plant in Detroit along with 550 jobs at an Ohio battery plant as the automaker responds to a …

30 10, 2025

Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets

By | October 30th, 2025|Uncategorized|Comments Off on Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets

A former director at a US military contractor that sells computer vulnerabilities pleaded guilty on Wednesday to stealing and reselling $35 million in trade secrets to a Russian cyber-tools broker whose clients include the Russian government. Peter Williams, 39, worked …