News Center
News Archives - Insurance Journal
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 |
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir
AIG said early Wednesday that its former chief executive officer and current executive chair Peter Zaffino will be leaving the board effective Sept. 15 to join Palantir Technologies Inc. as global head of financial services. Zaffino had just transitioned to …
POSTED SEPTEMBER 02, 2026 1:00 PM |
Florida Bans Flock Cameras, License Plate Readers From State Roads
Florida has banned local police from installing license-plate readers on state roads, responding to growing concern about the proliferation of surveillance cameras made by Flock Safety and other companies. The Florida Department of Transportation on Monday revoked all permits for …
POSTED SEPTEMBER 02, 2026 12:58 PM |
German Power Grid Hit Twice in Latest Suspected Sabotage
Germany’s power grid was hit twice in a single day on Tuesday, with incidents on opposite sides of the country knocking units of coal-fired power plants offline and authorities investigating possible terrorist or extremist motives. The latest incident occurred in …
POSTED SEPTEMBER 02, 2026 12:01 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 One Choice 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.
|