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News Archives - Insurance Journal

California Teens See Cannabis as Safer Than Alcohol, Vapes and Cigarettes
Newswise — Adolescents in California consistently perceive cannabis as less harmful than other commonly used substances, according to a new study analyzing data from two large statewide school surveys. Shu-Hong Zhu, PhD, professor at the UC San Diego Herbert Wertheim …

POSTED MAY 07, 2026 5:10 PM
New York State Has Budget Deal That Includes Auto Insurance Reforms: Gov. Hochul
New York State has a 2026-2027 budget agreement, at least according to Gov. Kathy Hochul. Hochul announced today that the budget totals about $268 billion and includes some but not all of her proposals for auto insurance reform to lower …

POSTED MAY 07, 2026 4:57 PM
ALPS to Acquire Ohio Bar Liability Insurance Company
The Ohio State Bar Association (Ohio Bar) and ALPS Insurance (ALPS) today announced that they have entered into a definitive agreement under which ALPS will acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance …

POSTED MAY 07, 2026 3:44 PM
Markets/Coverages: MS Amlin Launches Consortium to Boost Property Treaty Capacity
MS Amlin, the Lloyd’s re/insurer, has launched a consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centers, where demand for higher limits continues to grow, …

POSTED MAY 07, 2026 3:43 PM
Illinois Manufacturing Company to Pay $625K Settlement Over No-Poach Agreements
Illinois Attorney General Kwame Raoul announced a settlement with Vee Pak LLC, doing business as Voyant Beauty (Vee Pak) that resolves allegations the manufacturing company entered into no-poach agreements with several temporary staffing agencies. The settlement requires Vee Pak to …

POSTED MAY 07, 2026 3:41 PM
Texas Sees Surge in Gas Projects as Data Centers Drive Shift in Power Generation
A decade ago, wind power was surging in popularity and attracting huge investments that made Texas a national leader in renewable energy. But today, gas generation is making a big comeback, driven by a wave of data centers flooding into …

POSTED MAY 07, 2026 3:34 PM
HCI Group Reports $85M in Profit for Q1, with Premium Growth for Most Subsidiaries
Tampa-based HCI Group, now in its 20th year and its 18th year as a publicly traded company, reported a healthy profit for the first quarter of 2026 and significant growth in premium across most of its property-casualty insurance firms. “HCI …

POSTED MAY 07, 2026 3:22 PM
People Moves: Alliant Names Lefebvre as VP Within Employee Benefits Group
Ashley Lefebvre has joined Alliant Insurance Services as vice president within its employee benefits group in Houston, Texas. She will serve a national client base, partnering with clients to deliver strategic employee benefits and HR solutions that boost ROI and …

POSTED MAY 07, 2026 3:22 PM
A Quieter Hurricane Season This Year Could Still Pummel the US Power Grid
Meteorologists are forecasting about 13 named Atlantic storms this season, or a little less activity than average. That sounds like good news for the US power grid and everyone who relies on it. But a look back at recent years …

POSTED MAY 07, 2026 1:53 PM
Reporting Shows Georgia Officials Knew Carpet Mills Polluted Local Water
Starting in the 1970s, the textile mills of northwest Georgia relied on chemicals known as PFAS to add stain resistance to the carpets they manufactured. Some of the chemicals that didn’t stick were flushed with the multibillion-dollar industry’s wastewater into …

POSTED MAY 07, 2026 1:28 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 Insurance Solutions of Southwest Florida 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.

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