Temu Fined €200 Million by EU Over Dangerous Toys, Chargers
Temu, the Chinese e-commerce giant, was fined €200 million ($232 million) by the European Union for failing to stop sales of unsafe baby toys and chargers on the platform. The European Commission, which polices EU rules targeting tech firms, said …
NHTSA Opens Probe Into Nearly 115,000 Rivian Vehicles
The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The issue relates to the company’s R1S and R1T electric vehicles. The …
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’
Palm Beach can count on its billionaires to keep picking up the tab for schools, firefighters and parks if Florida slashes property taxes. Many other local governments will have a tougher time making up the difference. After more than a …
Florida Comp Costs Are on the Rise. End to Physician Dispensing May Help
Florida, like most states, has seen more than a decade of annual decreases in workers’ compensation average rates. But costs may no longer be falling, thanks in part to higher wages and escalating medical payments, a new study from the …
California Drivers Arraigned for Insurance Fraud in Staged Crash Scheme
Four Southern California drivers were arraigned in an alleged staged collision scheme tied to coordinated insurance fraud. The collisions reportedly endangered an innocent driver. The defendants are: Jhoiner Rodriguez Celis, 31, of Anaheim; Melissa Cervantes De La Torre, 30, of …
Justice Department Sues University of California for Antisemitic Environment
The Department of Justice filed a lawsuit against the University of California for what it says is discrimination against Jewish and Israeli students at its University of California Los Angeles campus. The suit says the environment on the UCLA campus …
Court Overturns Mass.-Based Insulet’s $59M Trade Secret Verdict
A U.S. appeals court on Thursday overturned a $59 million verdict that medical device maker Insulet won against Korean rival EOFlow for allegedly stealing trade secrets related to its insulin-pump technology. The Washington-based U.S. Court of Appeals for the Federal …
Cruise Operator Carnival Discloses Personal Data Breach
Cruise operator Carnival Corp said on May 27 it had detected a cybersecurity incident involving a compromised account of an employee in April, leading to the leak of certain personal information of individuals, including names, addresses and government-issued identification numbers. …
Markets/Coverages: E&S Property MGA Luminor Risk Launches
Luminor Risk, a managing general agent specializing in the U.S. excess and surplus property market, announced its official launch on May 28 with backing from investment and technology firm D.E. Shaw group. Luminor was co-founded by three underwriting leaders: Matt …
Texas Board Faults Camp Mystic Leader for Inaction During Deadly Flood
A Texas board has suspended the nursing license of Camp Mystic’s co-director in a scathing order that accused her of not helping children evacuate during last year’s catastrophic floods that killed 25 girls and two teenage counselors. It’s one of …
4 Arrested in Louisiana Insurance Fraud Scheme
The Louisiana State Police Insurance Fraud / Auto Theft Unit (IFAT) has arrested four individuals following an investigation into an alleged automobile insurance fraud scheme in Iberia Parish The investigation began after a criminal referral from Timber Creek Insurance Services …
Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
Northwestern Medicine agreed to pay $325,000 in monetary relief to a class of employees denied vaccine exemptions because of their religious beliefs or practices and to provide other relief following an investigation by the U.S. Equal Employment Opportunity Commission (EEOC). …
India’s Prized Alphonso Mango Crop Ruined by Weather
In India’s western state of Maharashtra, mango farmer Komal Walke is scrambling to meet orders from India’s online grocers after her family’s three acres of orchards produced almost no Alphonso mangoes this year. Walke, a 26-year-old horticulturist in the coastal …
World Acquires Kansas’ Agency West
World Insurance Associates LLC announced that it acquired the business of Agency West Insurance of Olathe, Kansas on February 1, 2026. Terms of the transaction were not disclosed. Agency West has been operating in Kansas for many years. They serve …
Markets/Coverages: Amiga Specialty Secures Lloyd’s Capacity for New Yachts Division
Amiga Specialty, the London-based managing general agent, has secured £/$25 million of “A”-rated capacity with global Lloyd’s licensing for its Yachts division, marking an important step in the development of its specialist marine offering. The capacity will support Amiga Specialty’s …
EEOC Sues Buc-ee’s for Alleged Disability Discrimination at Texas Store
Buc-ee’s, Ltd., a travel center retailer with locations throughout Texas and in 10 other states, violated federal law when it denied a disabled employee reasonable accommodations and subsequently terminated him, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a …
People Moves: Aon Promotes Hoffman as Global CEO of Commercial Risk; HDI Global Names Schulte-Schrepping as Head of Liability Global Risk, Succeeding Maurer
This edition of International People Moves details appointments at Aon and HDI Global. A summary of these new hires follows here. Aon Promotes Hoffman to Global CEO of Commercial Risk Insurance broker Aon plc announced the appointment of Christian Hoffman …
SEC Chairman Eyes ‘Gun-Jumping’ Rule Changes to Spur More IPOs
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings. SEC Chairman Paul Atkins said he would welcome …
Insurers Settle in Wrongful Conviction Case, Can’t Yet Escape Sex Trafficking Coverage
Insurance carriers are not off the hook in two high-profile lawsuits involving alleged sexual abuse and millions of dollars in defense costs and indemnity—one in North Carolina and one in Georgia. In the North Carolina case, Ohio Casualty Insurance Co., …
Fatalities Reported in Washington State Packaging Facility Explosion
An accident at a Washington state packaging facility has left at least one person dead, nine missing and nine others injured, with crews working to contain a ruptured tank of caustic chemicals. The incident occurred Tuesday morning at Nippon Dynawave …



