Appeals Court Affirms Conviction of Ex-Police Chief in Insurance Fraud Case
A federal appeals court this month affirmed the conviction of a former Texas police chief who arranged the destruction of a personal vehicle, falsely reported it stolen, and received insurance proceeds. The United States Fifth Circuit Court of Appeals ruled …
US Ships Escort Oil Tankers Through Hormuz at Night, Burgum Says
US forces are helping move millions of barrels through the Strait of Hormuz under the cover of darkness, sometimes escorting more than 20 ships per night out of the vital waterway, US Interior Secretary Doug Burgum said Friday. Now that …
US P/C Industry Records $16 Billion Underwriting Income in Q1
The U.S. property/casualty industry reversed a $1 billion underwriting loss in the first quarter 2025 to post a $16.3 billion gain for the same period this year. According to a report from industry rating firm AM Best, net income doubled …
Houston Businessman Pleads Guilty in Arson-for-Hire Scheme
A Houston businessman has pleaded guilty to conspiring to commit arson of a commercial building, announced Acting U.S. Attorney John G.E. Marck. Lyndell Leroy Price, 42, admitted he directed others to intentionally set fire to Bar 5015, a Houston business …
Inszone Acquires Nebraska’s Sommelier Insurance Group
Inszone Insurance Services announced the acquisition of Sommelier Insurance Group, LLC. This strategic acquisition strengthens Inszone’s presence in Omaha, Nebraska, and adds specialized expertise in several key commercial sectors to the Inszone network. Founded in September 2020 by Luper Akough, …
Texas to Set Rules for Using Treated Fracking Water on Farms
State environmental regulators are preparing to take another critical step toward allowing treated oilfield wastewater to be spread on Texas farmland, a proposal that supporters say could help the state’s water supply needs and critics warn could expose communities and …
Scammers Used Gemini AI to Help Build Spam Messages, Google Says
Alphabet Inc.’s Google filed a lawsuit against a suspected Chinese cybercrime operation, alleging that the group used artificial intelligence to send more than 2 million text messages with fraudulent links attempting to scam cellphone users. Known as the Outsider Enterprise, …
Multiple Tornadoes Cause Damage in Illinois and Indiana
Several tornadoes struck northern and central Illinois and northwest Indiana on June 11, causing damage in multiple towns. The National Weather Service confirmed multiple tornadoes occurred in or near Streator, Illinois, Merrillville, Indiana and Hebron. Indiana. The storm corridor extended …
US Declares Power Emergency in Southeast as Heat Strains Grids
The Trump administration declared a power emergency in the southeastern US as forecasters warned of dangerous heat that’s likely to stress power grids along the country’s east coast. An emergency order issued by the Energy Department on Thursday allows Duke …
Solar Power Hits New Milestones in the US
Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released June 10 by global energy think tank Ember, along with a …
Florida Property Tax Cut Could Strain Local Credit, S&P Says
Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to analysts at S&P Global Ratings. The proposal would introduce financial …
Two California Insurance Commissioner Candidates Are Left, and Reform Is Coming
Expect more efforts to reform California’s troubled homeowners insurance market from the state’s next top insurance regulator regardless of who wins a race that has now been whittled down to two candidates. Democrats Jane Kim and Ben Allen are advancing …
People Moves: PIA New Jersey Elects New Leadership
PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal
The administrator of a bankruptcy plan for the genetics-testing company once known as 23andMe agreed to dole out a total of $46.75 million to victims in a deal to end litigation stemming from a 2023 data breach. According to records …
Climate Change Making Coastal Floods More Likely, Study Finds
Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …
Virginia Says Airbnb Lacks Insurance License to Offer Host Damage Protection Plan
Regulators at the Virginia Bureau of Insurance are raising issues with Airbnb over its Host Damage Protection (HDP) program, maintaining that it is an insurance product and Airbnb is offering it without being properly licensed. The State Corporations Commission has …
People Moves: Willis Re Taps Ogilvie and Dart From Carpenter for Key Roles in London, Bermuda; Aon Promotes Dando as Chief Broking Officer for Global Broking Center
This edition of International People Moves details appointments at brokers Willis Re and Aon. A summary of these new hires follows here. Willis Re Taps Ogilvie and Dart From Guy Carpenter for Key Roles in London, Bermuda Willis Re, the …
Novo Nordisk Flags Patient Data Breach From Some Clinical Trials in Cyberattack
Novo Nordisk said on Thursday it has identified a security incident in which certain information, including patient data from some clinical trials, was copied externally without authorization from its internal IT systems. The company, maker of the blockbuster weight-loss drug …
UK Venture Plans Europe’s Largest Plant for Capturing CO2 From Air
Three UK clean-technology companies are teaming up to create what may be Europe’s biggest direct air capture facility. Low-carbon project developer Progressive Energy, together with carbon-capture specialists Airhive and Mission Zero Technologies, has formed a new company to build a …
Trump Insists Iran Deal Is Close After Scrapping New Strikes
President Donald Trump pulled back threatened military strikes against Iran, a stark reversal that came just hours after he vowed to hit the Islamic Republic “VERY HARD” and threatened to seize its oil infrastructure. US forces had already pounded Iran …
Comunicados de prensa más recientes
Islas Caimán, 31 de octubre de 2025. El CCRIF SPC anunció que hará un pago de US$70 millones al Gobierno de Jamaica tras el paso del huracán Melissa. Es el mayor pago único en la historia del CCRIF y una poderosa demostración del modelo de seguro paramétrico de la organización.
Gran Caimán, 18 de diciembre de 2024.
