News Center
News Archives - Insurance Journal
Supreme Court to Weigh Case Over Race and School Admissions
The US Supreme Court agreed to consider making it easier to challenge public school admissions policies as racially discriminatory in a fresh test of educational diversity efforts. The justices said Monday they will consider reviving a lawsuit that claims Maryland’s …
POSTED OCTOBER 20, 2026 5:09 AM |
Florida OIR Marks End to American Mobile, Which Briefly Served Stressed MH Market
Six years after it launched and two years after it exited the distressed Florida market, American Mobile Insurance Exchange has officially lost its authority to operate. Florida Insurance Commissioner Mike Yaworsky announced Monday, Oct. 19, that he had forced the …
POSTED OCTOBER 20, 2026 5:02 AM |
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
IT services company DXC Technology is in advanced talks to sell its insurance software and services division to private investment firm Eldridge Industries for about $2.4 billion, according to people familiar with the matter. Eldridge is discussing combining the business …
POSTED OCTOBER 20, 2026 5:00 AM |
Washington Commissioner Fines Insurers, Producers $495,200
Washington Insurance Commissioner Patty Kuderer’s office reported fines totaling $495,200 against insurance companies, agencies and producers for insurance law violations between April and August. The two largest fines were against USAA Casualty Insurance Co. and Allstate Vehicle and Property Insurance …
POSTED OCTOBER 20, 2026 5:00 AM |
WR Berkley Reports Q3 Net Income Decrease, Operating Income Up
Third quarter 2026 net income at W.R. Berkley Corp. decreased about 12.7% compared to the same period a year ago to about $446 million. However, operating income for the second quarter was $456.5 million, up from $440.2 million during the …
POSTED OCTOBER 20, 2026 5:00 AM |
California Adds Voluntary Review Before Insurers File Rate Applications
Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on …
POSTED OCTOBER 19, 2026 6:30 PM |
Industry Panel Highlights Challenges in Selling Cyber Insurance to SMEs
Small- and mid-sized businesses hear and read the same news everyone else does. Awareness of cyber risk isn’t the problem. But after years of insurers market trying to crack this nut, these businesses aren’t buying the right coverage. The disconnect …
POSTED OCTOBER 19, 2026 4:22 PM |
A Repair Estimate Is Not Necessarily a Notice of Bad Faith in Louisiana
A Louisiana property insurer receives a contractor’s estimate for far more than it paid after a hurricane. Sixty days pass. The insured files suit and seeks bad faith penalties. Did the estimate start the cure period under Louisiana’s Act 3? …
POSTED OCTOBER 19, 2026 4:03 PM |
BNSF Railway Sued for Firing Employee Because of Their Disability
BNSF Railway Company violated federal law when it fired an employee because of his disability after he requested a reasonable accommodation, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the lawsuit, the employee, who has …
POSTED OCTOBER 19, 2026 3:49 PM |
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
The Villages, a 57,000-acre Florida retirement community, is looking to issue almost $180 million in high-yield debt to finance more homes. Built for residents at least 55 years old, the Villages has about 170,000 people, making it the largest community …
POSTED OCTOBER 19, 2026 3:38 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Amethyst Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|