Insurance Journal
China accused a US spy agency of hacking the Asian Winter Games held this year in Harbin, and took the unusual step of identifying individuals it thinks are responsible. The US National Security Agency’s Office of Tailored Access Operations car...
Posted: Apr 15, 2025
A Vermont firm has recalled more than 1,700 pounds of butter because it may be contaminated with coliform, a type of bacteria found in fecal matter. Agri-Mark Inc., of Waitsfield, Vermont, recalled 189 cases of Cabot Creamery 8-ounce premium butter &...
Posted: Apr 15, 2025
A German court will weigh a request to release a seized oil tanker that is believed to be part of a so-called shadow fleet used by Russia to circumvent oil sanctions, Germany’s finance ministry said on Monday. The Panama-flagged vessel, …
Posted: Apr 15, 2025
FRANKFORT, Ky. (AP) — Signs of renewal are underway at the Buffalo Trace Distillery in Kentucky since floodwaters that inundated the whiskey-making campus receded. But executives say the painstaking task of inspecting any bourbon barrels touched by t...
Posted: Apr 15, 2025
British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage. The firm, which offers insurance to under-served...
Posted: Apr 15, 2025
This post is part of a series sponsored by AgentSync. Are your producers tired of entering (and re-entering) their answers five different ways into slight variations of the Uniform Producer Application every time they apply for a new license or ̷...
Posted: Apr 15, 2025
The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries service to support energy development, according to...
Posted: Apr 15, 2025
Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plasti...
Posted: Apr 15, 2025
Security First Insurance, one of the larger carriers in Florida, with 136,500 policies in force, has elevated two people to key positions. Scot Moore was named chief financial officer, the insurer said in an announcement Monday. Moore has 20 years...
Posted: Apr 15, 2025
Southern California Edison (SCE), a subsidiary of utility Edison International, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January. The prelim...
Posted: Apr 15, 2025
Five people have been charged in a large-scale insurance fraud scheme involving misrepresented life insurance policies that resulted in fraudulent commissions totaling over $1.4 million. The five, which include a former insurance agent, reportedly fr...
Posted: Apr 15, 2025
The Federal Aviation Administration ordered New York Helicopter Charter Inc. to cease operations while it conducts a review of the tour operator’s license and safety record following a deadly crash last week. The regulator’s decision, ann...
Posted: Apr 15, 2025
Weeks after deadly fires swept through Los Angeles County, the state regulator in charge of overseeing utility companies declined a request that would have required California’s largest utilities to update maps showing high fire threat areas. C...
Posted: Apr 15, 2025
An Idaho man pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds for personal use. Johnny Mateo Robles, Jr. of Twin Falls, pleaded guilty to one count of felony insurance fraud for diverting fiduciary funds that …...
Posted: Apr 15, 2025
A former Massachusetts State Police trooper has agreed to plead guilty to his role in an alleged conspiracy to falsify records by giving passing scores to certain commercial driver’s license (CDL) applicants even if they failed the CDL test or...
Posted: Apr 15, 2025
A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of lower “grandfathered” flood insurance...
Posted: Apr 15, 2025
A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of “grandfathered” lower premiums on flo...
Posted: Apr 15, 2025
According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The industry financial strength...
Posted: Apr 14, 2025
DaVita Inc. said it has been impacted by ransomware that had locked down parts of its network. The company, which specializes in providing kidney dialysis to patients at more than 700 hospitals in the US, said in a statement Monday …
Posted: Apr 14, 2025
The U.S. Equal Employment Opportunity Commission (EEOC) sued R&L Carriers Shared Services, LLC, a freight transportation and logistics company, to enforce a subpoena that the EEOC issued during their investigation of a sex and pregnancy discrimin...
Posted: Apr 14, 2025
A 62-year-old Houston resident has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei. William Mills admitted that from 2014 to 2023, he conspired with others in a bank fraud scheme involv...
Posted: Apr 14, 2025
A Texas man who says Titans cornerback L’Jarius Sneed or his personal assistant shot at him while he was sitting inside a Mercedes-Benz on a dealer lot in December is suing the two-time Super Bowl champ for at least $1 …
Posted: Apr 14, 2025
Munich Re said in a recent report it expects the global cyber insurance market to reach about $16.3 billion gross premiums in 2025, with continued growth that will have the market at more than $32 billion in 2023. In “Cyber …
Posted: Apr 14, 2025
Higginbotham, one of the largest insurance agencies headquartered in Texas, has expanded its footprint in the Southeast by adding agencies in Georgia and Tennessee. The firm announced that Tidwell & Hilburn Insurance in Macon has become the 11th...
Posted: Apr 14, 2025
COVINGTON, Ga. (AP) — A Walmart employee shot and killed a co-worker inside a Georgia store and critically wounded another worker outside early Friday while the business was closed to the public, authorities said. After leaving the store, the gunman...
Posted: Apr 14, 2025