News Archives - Insurance Journal

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31 12, 2025

Some Good Climate News to End the Year

By | December 31st, 2025|Uncategorized|Comments Off on Some Good Climate News to End the Year

Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was …

31 12, 2025

Last of 7 Kentucky Crop Insurance Fraudsters Sentenced to Prison Time

By | December 31st, 2025|Uncategorized|Comments Off on Last of 7 Kentucky Crop Insurance Fraudsters Sentenced to Prison Time

A wide net cast by the U.S. Department of Agriculture and the FBI has landed its final catch—prison time for the last of six Kentucky farmers and a warehouse manager found guilty of a long-running tobacco crop-insurance fraud scheme. Larry …

31 12, 2025

Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites

By | December 31st, 2025|Uncategorized|Comments Off on Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites

Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for …

31 12, 2025

New Laws Impacting California Drivers in 2026

By | December 31st, 2025|Uncategorized|Comments Off on New Laws Impacting California Drivers in 2026

New laws affecting California drivers set to go into effect on Jan. 1, 2026, include stricter laws for drunk driving, speeding in school zones and automated traffic camera enforcement. The California Department of Motor Vehicles compiled a list of new …

31 12, 2025

2025 Was One of Three Hottest Years on Record: Researchers

By | December 31st, 2025|Uncategorized|Comments Off on 2025 Was One of Three Hottest Years on Record: Researchers

Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said. It was also the first time that the three-year temperature average broke through the threshold set in the 2015 Paris Agreement of …

31 12, 2025

Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years

By | December 31st, 2025|Uncategorized|Comments Off on Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years

After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 rose by 12 points—the highest …

31 12, 2025

Climate Cost Report Underway Even as Vermont’s Climate Law Faces Lawsuits

By | December 31st, 2025|Uncategorized|Comments Off on Climate Cost Report Underway Even as Vermont’s Climate Law Faces Lawsuits

For Sue Minter, Vermont’s newly appointed climate superfund specialist, the floods started early. Back in 2011, when Tropical Storm Irene thrashed Vermont, Minter — serving as the state’s deputy secretary of transportation — helped rebuild the 600 miles of destroyed …

31 12, 2025

Virginia Offshore Wind Developer Sues Over Trump Order Halting Projects

By | December 31st, 2025|Uncategorized|Comments Off on Virginia Offshore Wind Developer Sues Over Trump Order Halting Projects

NORFOLK, Va—The developers of a Virginia offshore wind project are asking a federal judge to block a Trump administration order that halted construction of their project, along with four others, over national security concerns. Dominion Energy Virginia said in its …

31 12, 2025

Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations

By | December 31st, 2025|Uncategorized|Comments Off on Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations

Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the public as advertised. Paxton’s lawsuit against the company alleged …

24 12, 2025

Georgia Regulators Approve Huge Electric Generation Increase for Data Centers

By | December 24th, 2025|Uncategorized|Comments Off on Georgia Regulators Approve Huge Electric Generation Increase for Data Centers

Georgia’s only private electric utility plans to increase power capacity by 50% after state regulators on Friday agreed 5-0 that the plan is needed to meet projected demand from data centers. It would be one of the biggest build-outs in …