News Center
News Archives - Insurance Journal
US P/C Industry Records $16 Billion Underwriting Income in Q1
The U.S. property/casualty industry reversed a $1 billion underwriting loss in the first quarter 2025 to post a $16.3 billion gain for the same period this year. According to a report from industry rating firm AM Best, net income doubled …
POSTED JUNE 12, 2026 3:19 PM |
Houston Businessman Pleads Guilty in Arson-for-Hire Scheme
A Houston businessman has pleaded guilty to conspiring to commit arson of a commercial building, announced Acting U.S. Attorney John G.E. Marck. Lyndell Leroy Price, 42, admitted he directed others to intentionally set fire to Bar 5015, a Houston business …
POSTED JUNE 12, 2026 3:13 PM |
Inszone Acquires Nebraska’s Sommelier Insurance Group
Inszone Insurance Services announced the acquisition of Sommelier Insurance Group, LLC. This strategic acquisition strengthens Inszone’s presence in Omaha, Nebraska, and adds specialized expertise in several key commercial sectors to the Inszone network. Founded in September 2020 by Luper Akough, …
POSTED JUNE 12, 2026 3:07 PM |
Texas to Set Rules for Using Treated Fracking Water on Farms
State environmental regulators are preparing to take another critical step toward allowing treated oilfield wastewater to be spread on Texas farmland, a proposal that supporters say could help the state’s water supply needs and critics warn could expose communities and …
POSTED JUNE 12, 2026 3:04 PM |
Scammers Used Gemini AI to Help Build Spam Messages, Google Says
Alphabet Inc.’s Google filed a lawsuit against a suspected Chinese cybercrime operation, alleging that the group used artificial intelligence to send more than 2 million text messages with fraudulent links attempting to scam cellphone users. Known as the Outsider Enterprise, …
POSTED JUNE 12, 2026 2:22 PM |
Multiple Tornadoes Cause Damage in Illinois and Indiana
Several tornadoes struck northern and central Illinois and northwest Indiana on June 11, causing damage in multiple towns. The National Weather Service confirmed multiple tornadoes occurred in or near Streator, Illinois, Merrillville, Indiana and Hebron. Indiana. The storm corridor extended …
POSTED JUNE 12, 2026 2:18 PM |
US Declares Power Emergency in Southeast as Heat Strains Grids
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …
POSTED JUNE 12, 2026 2:09 PM |
Solar Power Hits New Milestones in the US
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …
POSTED JUNE 12, 2026 2:02 PM |
Florida Property Tax Cut Could Strain Local Credit, S&P Says
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …
POSTED JUNE 12, 2026 1:58 PM |
Two California Insurance Commissioner Candidates Are Left, and Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
POSTED JUNE 12, 2026 1:48 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 Streamless Insurance 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.
|