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News Archives - Insurance Journal

Texas A&M Forest Service Launches Prescribed Burn Manager Insurance Program
The Texas A&M Forest Service launched an insurance program this week to provide liability protection for qualified certified and insured prescribed burn managers (CIPBMs). The Texas Prescribed Burn Manager Insurance Program was created in response to a recent House Bill …

POSTED SEPTEMBER 02, 2026 3:41 PM
Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty
Despite months of lobbying and significant political campaign contributions by Ryan Turner Specialty brokerage, the winning bid for management of part of a Florida Citizens Property Insurance commercial clearinghouse has been awarded to another brokerage. At a meeting Tuesday, Citizens …

POSTED SEPTEMBER 02, 2026 3:29 PM
Severe Thunderstorms Threaten From Great Lakes to New Jersey
Another round of severe thunderstorms is threatening the US and Canada, from the Great Lakes to New Jersey, promising to disrupt flights and cause power outages. There is a level two risk of severe thunderstorms from Michigan to New Jersey …

POSTED SEPTEMBER 02, 2026 3:17 PM
People Moves: Cincinnati Insurance Chief Claims Officer Schambow to Retire, McMillan to Assume Responsibilities
Cincinnati Financial Corporation announced that Marc J. Schambow, CPCU, AIM, ASLI, chief claims officer for its property casualty subsidiaries, led by The Cincinnati Insurance Company, will retire in January 2027. Schambow has served as Cincinnati’s top claims officer since 2020, …

POSTED SEPTEMBER 02, 2026 3:11 PM
Kansas Woman Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced an Atchison County woman has been sentenced to 12 months of probation for insurance fraud. Amber Conner, aged 30, pleaded guilty on July 13, 2026, in Atchison County District Court to one felony count …

POSTED SEPTEMBER 02, 2026 3:04 PM
Edouard Causes Life-Threatening Flooding in East Texas
Life-threatening flash flooding was hitting areas of East Texas north of Beaumont early Wednesday morning, as more than 20 inches of rain had fallen from the remnants of Tropical Storm Edouard in some places, federal forecasters said. At least one …

POSTED SEPTEMBER 02, 2026 3:02 PM
Ships Adopt Makeshift Anti-Drone Defenses as Black Sea Attacks Intensify
Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tires to try to fend off growing Russian and Ukrainian drone strikes in the Black Sea, according to security experts and video obtained by Reuters. …

POSTED SEPTEMBER 02, 2026 2:37 PM
First Half US P/C Industry Underwriting Gain Jumps to $31.7B
The U.S. property/casualty insurance industry posted a much higher net underwriting gain of $31.7 billion for the first half of 2026, up from $11.6 billion the prior year. According to a report from data analytics and technology firm Verisk and …

POSTED SEPTEMBER 02, 2026 2:11 PM
PG&E to Defer $2 Billion of Work After California Shelved Fire Bill
PG&E Corp. plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response didn’t do enough to protect …

POSTED SEPTEMBER 02, 2026 1:46 PM
Stewart Information Services Acquires Telecommunications Specialist Tower Title
Houston-based title insurer and real estate services firm Stewart Information Services Corp. reports it has acquired East Providence, Rhode Island-based Tower Title, a national specialist in title services for the telecommunications industry. Terms of the transaction were not disclosed. Founded …

POSTED SEPTEMBER 02, 2026 1:03 PM

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