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News Archives - Insurance Journal

Thousands of East Texans Remain Without Power After Winter Storm
Thousands of East Texans remain without power days after a winter storm paralyzed most of the state over the weekend. Many may be without power until Sunday as utility workers traverse icy roads in dense forests to restore power. Winter …

POSTED JANUARY 28, 2026 5:46 PM
People Moves: Novi Underwiters Adds Three to Management Liability Lines
Novi Underwriters has named Jason Binette, James Cinque and Cody Ruggirello to its newly launched management liability offering. Featuring modern forms for a variety of risks and quick points of sale, coverage will benefit auto dealers, fintechs, manufacturers, retailers, foundations, …

POSTED JANUARY 28, 2026 5:27 PM
Kansas Commissioner Supports Bill to Create Insurance Savings Account
Kansas Insurance Commissioner Vicki Schmidt this week testified in favor of a bill that would create an Insurance Savings Account (ISA). The Kansas Department of Insurance introduced the bill to give Kansans a state tax free way to save for …

POSTED JANUARY 28, 2026 5:16 PM
People Moves: Texas Mutual Names Cullison as SVP of Talent and Brand Strategy; Brown & Riding Adds Herbert to National Casualty Practice
Texas Mutual Names Cullison as SVP of Talent and Brand Strategy Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Brittany Cullison as its senior vice president of talent and brand strategy, effective January 12. …

POSTED JANUARY 28, 2026 5:13 PM
Australian Broker AUB Agrees to Buy Majority Stake in UK’s Prestige
AUB Group Ltd., the Sydney, Australia-based brokerage and underwriting agency group, announced it has entered into an agreement to acquire 95.9% of Prestige Insurance Holdings Ltd. for $432 million (US$300.1 million). Founded in 1973, Prestige is a diversified insurance broking …

POSTED JANUARY 28, 2026 5:04 PM
Google to Pay $135 Million to Settle Android Data Transfer Lawsuit
Google will pay $135 million to settle a proposed class action by smartphone users who accused Google of programming its Android operating system to collect their cellular data without permission. A preliminary settlement with the Alphabet unit was filed late …

POSTED JANUARY 28, 2026 4:17 PM
People Moves: MEMIC Hires Coy as CIO
The MEMIC Group, headquartered in Portland, Maine, hired Matt Coy as chief information officer (CIO), succeeding Jack Yao, who retired at the end of 2025 after more than nine years of service. Coy leads MEMIC’s technology strategy, rejoining MEMIC after …

POSTED JANUARY 28, 2026 4:05 PM
Judge Allows Dali Manager’s Bid to Limit Liability for Baltimore Bridge Collapse
A federal judge has allowed the manager of the cargo ship Dali involved in the tragic collapse of Baltimore’s Francis Scott Key Bridge in March 2024 to proceed for now with its claims under an 1851 maritime law that limits …

POSTED JANUARY 28, 2026 4:03 PM
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
Fourth quarter 2025 net income at Progressive Corp. increased 25% compared to the same period a year ago to nearly $3 billion. Progressive reports results monthly. Net income for December was up 22% to about $1.15 billion. Full-year net income …

POSTED JANUARY 28, 2026 3:20 PM
California Seafood Distributor Paying $248K for Prop 65 Violations
A California seafood is paying $248,000 to resolve allegations it sold frozen seafood products with elevated levels of lead and cadmium without the required warnings. California Attorney General Rob Bonta’s office settled with Pacific American Fish Company Inc., a seafood …

POSTED JANUARY 28, 2026 3:04 PM

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