Insurance Journal
A large-scale workers’ compensation fraud and tax evasion scheme that came to light when an employee was killed while removing a sign from a brewery has resulted in the sentencing of a construction firm owner. According to New York State …...
Posted: Aug 14, 2025
An employer has pleaded guilty to criminal charges after investigation into deadly nitrogen leak held the company responsible. California Ranch Foods, a subsidiary of Golden West Food Group, pleaded guilty to two misdemeanor counts after being crimin...
Posted: Aug 14, 2025
A Michigan financial advisor will stand trial for insurance fraud after waiving preliminary examination, Attorney General Dana Nessel announced this week. Todd Bernstein, 67, of Birmingham, is alleged to have submitted misleading information on annui...
Posted: Aug 13, 2025
Water levels in this major source of drinking water for Rapid City were so low this spring that city leaders implemented water-use restrictions weeks earlier than normal and the state delayed installation of public boat docks. Lingering drought condi...
Posted: Aug 13, 2025
The all-girls Christian summer camp where 27 people, most of them children, were swept away and killed by the July 4 flooding in Kerr County was just one of 13 summer camps along the Guadalupe River built on land prone …
Posted: Aug 13, 2025
The all-girls Christian summer camp where 27 people, most of them children, were swept away and killed by the July 4 flooding in Kerr County was just one of 13 summer camps along the Guadalupe River built on land prone …
Posted: Aug 13, 2025
Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the face of large-scale risk factors. According to a new report, “CYBER: Insights on the current and future state of the US cyber insuranc...
Posted: Aug 13, 2025
Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous years as the harshest Western sanctions yet target Russia’s oil exports and add to the difficulty of finding suitable vessels, shipping sources said. Th...
Posted: Aug 13, 2025
World Insurance Associates LLC announced that it acquired the business of Abacus Insurance and Financial Services of Irving, Texas on April 1, 2025. Terms of the transaction were not disclosed. Abacus provides primarily commercial lines insurance to...
Posted: Aug 13, 2025
Specialty broker Alliant Insurance Services has named Steven Money assistant vice president in its employee benefits group, based in Atlanta. Money has more than 20 years’ experience in the industry, with brokers and carriers, the California-ba...
Posted: Aug 13, 2025
This edition of International People Moves details appointments at the broker Aon and the Lloyd’s managing agent Blenheim Underwriting. A summary of these new hires follows here. Aon Promotes Shukri as UK Reinsurance Client Services Leader Insu...
Posted: Aug 13, 2025
Greystar Real Estate Partners LLC reached a tentative settlement with the Department of Justice in an antitrust lawsuit accusing the landlord of colluding to increase rents across the US, in part, through widely used industry software. As part of the...
Posted: Aug 13, 2025
Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build and will outcompete rival models. The automaker’s top executive unveiled the n...
Posted: Aug 13, 2025
A Nevada court apparently cleared the way for a 2021 lawsuit filed by former Las Vegas Raiders coach Jon Gruden to proceed against the NFL and Commissioner Roger Goodell, alleging that a “malicious and orchestrated campaign” was used to d...
Posted: Aug 13, 2025
A federal judge has dismissed a lawsuit filed against a Florida apartment complex where a member of the U.S. Air Force was fatally shot by a sheriff’s deputy. The judge said the unnamed apartment employee who called police was not …
Posted: Aug 13, 2025
Insurtech Superagent AI issued a press release yesterday to announce its goal of starting the first fully autonomous AI insurance agent by the end of the year. “We’re not just reshaping insurance. We’re redefining what it means to b...
Posted: Aug 13, 2025
Activist investor 7Square is pushing German insurer Nuernberger Beteiligungs AG to consider rival takeover offers, saying a potential acquisition by Vienna Insurance Group wouldn’t reflect its full value. The life-insurance business and the pro...
Posted: Aug 13, 2025
Texas-based TWFG Insurance has expanded its national footprint with the acquisition of Angers & Litz Associates, Inc., a personal and commercial lines insurance agency based in Schenectady, New York. Angers & Litz has been family owned and op...
Posted: Aug 13, 2025
Greek coastguard vessels evacuated tourists and locals, while a volunteer firefighter died in Spain as authorities struggled to quell blazes across the Mediterranean. A wildfire in Volissos forced evacuations from two beaches on the island of Chios,...
Posted: Aug 13, 2025
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom. The deal comes …
Posted: Aug 13, 2025
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom. The deal comes …
Posted: Aug 13, 2025
Typhoon Podul hit Taiwan’s sparsely populated southeast coast on Wednesday packing winds of up to 191 kph (118 mph), as a large swathe of southern and eastern parts of the island shut down and hundreds of flights were canceled. Taiwan …
Posted: Aug 13, 2025
Typhoon Podul blew through southern Taiwan on Wednesday packing winds of up to 191 kph (118 mph) and leaving one person missing, as a large swathe of the island shut down and hundreds of flights were canceled. Taiwan is regularly …
Posted: Aug 13, 2025
A U.S. appeals court on Tuesday rejected a bid by a group of unions to block the Trump administration government downsizing team known as the Department of Government Efficiency from accessing sensitive data on Americans. The Virginia-based 4th U.S....
Posted: Aug 13, 2025
New insights into workforce recruitment and retention challenges suggest employers who don’t allow a remote work option may be missing out on talent, according to global background screening services and workforce management solutions provider...
Posted: Aug 13, 2025