Insurance Journal

People Moves: Insurance Advisory Partners Names Caltavuturo as Partner

Insurance Advisory Partners, the investment bank focused exclusively on the insurance, insurance services and the insurtech industry, appointed veteran investment banker Lou Caltavuturo as a partner in the U.S. Based in New York, he will focus on bro...

Posted: Apr 10, 2026

Judge Tosses PETA’s Lawsuit Against American Kennel Club Over Dog Breed Health

The animal rights group PETA’s lawsuit over the health of French bulldogs and some other popular dog breeds has been dismissed, with a judge saying a New York law was misapplied to the case. The suit, filed last year, marked …

Posted: Apr 10, 2026

People: The Doctors Company Names Hayes Interim SVP of Claims

The Doctors Company named Brittnie Hayes interim senior vice president of claims. Hayes succeeds Michael Meyer, who is retiring after 42 years in the medical professional liability insurance industry. Hayes will lead the national claims team and over...

Posted: Apr 10, 2026

Wildfires Race Across US as Drought Spans Half the Nation

An unusually hot, snowless winter has fueled a fast start to the spring fire season across large swaths of the western,central and southeastern US, disrupting businesses and upending daily life. Nearly 19,000 have ignited nationwide since Jan. 1, abo...

Posted: Apr 09, 2026

Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse

The state Maryland has reached a settlement in principle with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving a portion of the state’s claims arising from the cargo ship’s allisio...

Posted: Apr 09, 2026

Jacksonville Contractor Charged With Underreporting Payroll by $2 Million

Florida authorities have charged a Jacksonville contractor with underreporting payroll by almost $2 million and stiffing his workers’ compensation insurer for almost $300,000 in premiums. Carlos Antonio Maradiago Garcia, 50, a native of Hondura...

Posted: Apr 09, 2026

LexisNexis: Synthetic Identity Fraud Rises Significantly in 2025

A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise. According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic &#...

Posted: Apr 09, 2026

The Fidelis Partnership Launches Capital Solutions Business, Led by Howden’s Gammoh

Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has launched a new capital solutions business called Mezura Capital Partners. Headquartered in Bermuda, Mezura Capital will focus on delivering strategic capital solutions and p...

Posted: Apr 09, 2026

Israeli Strikes on Lebanon Jeopardize Iran Truce; Talks Planned but Strait Still Shut

Israel bombed more targets in Lebanon on Thursday, putting the U.S.-Iran ceasefire into further jeopardy after the biggest Israeli attacks on its neighbor of the war killed more than 250 people and threatened to torpedo Donald Trump’s truce. In...

Posted: Apr 09, 2026

Florida’s Prestige Trucking Insurance Acquires Mulligan, an AI Automation Platform

Prestige Trucking Insurance, a retail brokerage and parent company of CSMV Underwriters, has continued its expansion with the acquisition of Mulligan, an artificial intelligence-based insurance automation platform. The platform will now be offered un...

Posted: Apr 09, 2026

People Moves: IBC Insurance Appoints Zepeda as Business Development Strategist

IBC Insurance has appointed Zee Zepeda as Business Development Strategist. In this role, Zepeda will be responsible for aligning insurance and banking initiatives to drive growth, enhance client relationships, and expand cross-functional opportunitie...

Posted: Apr 09, 2026

Texas Summer Camps Sue to Block New Internet Rule

Nineteen camps in Texas have filed a lawsuit seeking to invalidate a new state requirement for them to install “end-to-end fiber optic facilities” in order to operate this summer. The requirement that the camps install fiber optic interne...

Posted: Apr 09, 2026

DOJ Top Antitrust Litigators Exit After Ticketmaster Accord

The US Justice Department’s top antitrust litigator and three senior trial attorneys that led cases against Live Nation Entertainment Inc., Apple Inc. and Alphabet Inc.’s Google are leaving the agency, according to people familiar with th...

Posted: Apr 09, 2026

Trump Appeals Civil Fraud Ruling, Citing Former Lawyer’s Testimony Doubts

Donald Trump has asked New York’s highest appeals court to vacate a judge’s finding that he was liable for inflating the value of his real estate assets, arguing that his former lawyer Michael Cohen has since cast doubt on his …

Posted: Apr 09, 2026

China Confirms Three Ships Passed Through Strait of Hormuz

Three Chinese ships recently sailed through the Strait of Hormuz after coordination with relevant parties, a foreign ministry spokesperson told a regular daily press briefing on Tuesday, while calling for peace and stability in the Gulf Region. The c...

Posted: Apr 09, 2026

What Is a Comparative Rater?

If your morning starts with 10 open browser tabs and the soul-crushing task of typing the same VIN and address over and over, you aren’t alone. It’s a massive bottleneck that eats up the time you should be spending talking …

Posted: Apr 09, 2026

Israel Intensifies Lebanon Strikes With Ceasefire in Doubt

Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict. The Israeli military said Wednesday it ta...

Posted: Apr 09, 2026

Paramount President Jeff Shell to Depart After Lawsuit Scandal

Jeff Shell is stepping down as president of Paramount Skydance Corp. following a contentious lawsuit by a high-stakes gambler who accused him of leaking inside information. Shell, who served as the No. 2 executive under Chief Executive Officer David...

Posted: Apr 09, 2026

Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit

The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight. Just three ships were observ...

Posted: Apr 09, 2026

Shippers Rush for Hormuz Insurance After Truce Deal, Broker Says

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the increased demand from the market also c...

Posted: Apr 09, 2026

Anthropic Touts AI Cybersecurity Project With Big Tech Partners

Anthropic announced an initiative with major technology companies, including Amazon.com, Microsoft and Apple, that lets partners preview an advanced model with cybersecurity capabilities developed by the AI startup. Under its “Project Glasswing...

Posted: Apr 09, 2026

FDIC Lays Out Guidelines for Institutions Issuing Stablecoins

The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the fi...

Posted: Apr 09, 2026

SEC Enforcement Activity Drops Dramatically as Agency ‘Resets’

Enforcement cases brought by the U.S. Securities and Exchange Commission fell more than 20% in the latest fiscal year as the regulator “recentered” its enforcement program, the agency said April 7. The SEC brought 456 enforcement actions...

Posted: Apr 09, 2026

Gallagher Clarifies Non-Ownership of Florida Firm Guilty of Bogus ACA Sign-ups

Six weeks after leaders of scheme to sign up south Florida homeless people for Affordable Care Act policies were sentenced to years in prison, the companies involved have agreed to pay more than $135 million to resolve a federal investigation. &#8230...

Posted: Apr 09, 2026

Contractor Faces $4.6 Million in OSHA Fines After Fatal Trench Collapse

A Massachusetts water and sewer line construction contractor is facing $4,699,362 in proposed penalties for safety violations related to a trench collapse that claimed the life of an employee and seriously injured another at a Cape Cod worksite. A fe...

Posted: Apr 09, 2026