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News Archives - Insurance Journal
California Insurance Commissioner Unveils Intervenor Reform Regulations
California Insurance Commissioner Ricardo Lara is pushing a change to the state’s long-standing intervenor regulations, which enable groups to intervene in rate hearings. Lara on Friday released the amended text of proposed regulations for the intervenor and Administrative Hearing Bureau …
POSTED FEBRUARY 13, 2026 11:31 PM |
Experian Launches Insurance Marketplace App on ChatGPT
Experian announced the launch of the Experian Insurance Marketplace app on ChatGPT, introducing its insurance comparison platform to OpenAI’s audience, to help consumers find auto insurance. In the Feb. 13 announcement, Experian said the move is “a significant advancement in …
POSTED FEBRUARY 13, 2026 5:06 PM |
Houston-Area Developer Reaches $68M Settlement With Texas, Feds
The owners of Colony Ridge, a Houston-area developer accused of running a predatory lending scheme that deceived Latinos, agreed to a sweeping legal settlement that will require them to invest in law enforcement and infrastructure on their properties and tighten …
POSTED FEBRUARY 13, 2026 4:51 PM |
King Risk Acquires Georgia-Based Hanc Group Agency
Gainesville, Florida-based King Risk Partners has acquired the Hanc Group, an insurance agency that serves the Korean-American community and others in north Georgia, King Risk announced this week. Rick Han, owner of Alpharetta-based Hanc Group, said in a news release …
POSTED FEBRUARY 13, 2026 4:43 PM |
ZestyAI Provides AI-Driven Risk Analytics for Marsh McLennan Agency
ZestyAI said Marsh McLennan Agency has adopted its risk analytics to enhance risk assessments for a small segment of its high-net-worth clients with catastrophe-prone properties. The provider of AI-powered property and climate risk analytics said its Z-Fire, Roof Age, and …
POSTED FEBRUARY 13, 2026 4:35 PM |
Kansas Man Sentenced for Insurance Fraud, Forgery
Kansas Insurance Commissioner Vicki Schmidt announced a Reno County man has been sentenced to 21 months in prison for insurance fraud, making false information, and forgery. Larry Wilson, aged 54, pleaded guilty on December 11, 2025, in Reno County District …
POSTED FEBRUARY 13, 2026 4:21 PM |
Enstar Group Acquires Michigan’s AF Group
Enstar Group Limited, global insurance and reinsurance group backed by investment vehicles managed by affiliates of global investment firm Sixth Street, announced it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund …
POSTED FEBRUARY 13, 2026 4:14 PM |
Three People Suffer Burns at Exxonmobil Facility in Texas, Media Report
Three contract workers suffered burns while working on transport operations at the ExxonMobil XOM.N facility in Beaumont, Texas, KDFM and other media reported late on Thursday. The KDFM report cited a statement from ExxonMobil, which said the contract workers were …
POSTED FEBRUARY 13, 2026 4:10 PM |
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential benefits from …
POSTED FEBRUARY 13, 2026 3:35 PM |
TVA Now Ready to Reverse Plans on Closing Two Coal-Fired Power Plants
The nation’s largest public utility says it now would prefer to keep operating two coal-fired power plants it had planned to shutter, changing course before a meeting of its board, which has a majority of members picked by the coal-friendly …
POSTED FEBRUARY 13, 2026 3:21 PM |
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