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News Archives - Insurance Journal
Texas Reaches $34M Settlement With AstraZeneca for Illegal Kickback Scheme
Texas Attorney General Ken Paxton secured a settlement with AstraZeneca Pharmaceuticals to resolve claims that the company engaged in an illegal kickback scheme that improperly influenced prescriptions paid for by Texas Medicaid. Under the settlement, the company will pay $33,998,000.00 …
POSTED JUNE 30, 2026 7:00 AM |
Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions
Arthur J. Gallagher & Co. announced the acquisition of Ohio-based Cincinnati Benefit Solutions. Terms of the transaction were not disclosed. Cincinnati Benefit Solutions provides employee benefits services for small businesses in Cincinnati and nearby areas. Drew Locaputo and the Cincinnati …
POSTED JUNE 30, 2026 7:00 AM |
DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports
The U.S. Justice Department closed a criminal probe into Abbott Laboratories over its handling of a baby formula plant linked to potentially deadly bacteria and infant deaths, opting instead for civil penalties, the Wall Street Journal reported on Sunday. Reuters …
POSTED JUNE 30, 2026 5:47 AM |
Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules
A federal judge late on June 26 granted a preliminary injunction blocking an Indiana law requiring new disclosures from proxy advisers, marking a third legal victory for Institutional Shareholder Services and Glass Lewis against restrictions backed by Republican lawmakers. The …
POSTED JUNE 30, 2026 5:22 AM |
AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed
About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March …
POSTED JUNE 30, 2026 5:20 AM |
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offered a view from inside the industry, shaped by more than three decades in the …
POSTED JUNE 30, 2026 5:02 AM |
Florida Governor Vetoes E-Bike Safety Bill, Citing Concerns About Bigger Government
Despite growing concerns about e-bikes on city streets—and the recent, high-profile death of a teenager—Florida’s governor has vetoed a bill that would have put new requirements on the popular vehicles. DeSantis said in a letter that Senate Bill 382, approved …
POSTED JUNE 30, 2026 5:01 AM |
3 Firefighters Killed in Colorado as Wildfires Stoked By Heat, Wind Rage Across West
Blistering heat and strong winds Sunday stoked wildfires across the West after three firefighters were killed a day earlier in Colorado while battling a blaze along the state’s border with Utah. The National Weather Service said wildfire conditions “remain critical” …
POSTED JUNE 30, 2026 5:00 AM |
LA Palisades Fire Jury Fails to Reach Verdict in Arson Trial
A federal jury failed to reach a verdict in the arson case over the most destructive wildfire in Los Angeles history. U.S. District Judge Anne Hwang declared a mistrial after jurors told her Friday they were divided and unable to …
POSTED JUNE 30, 2026 5:00 AM |
New Jersey High Court Upholds Immunity for Paramedics in Infant’s Brain Injury Case
In a unanimous opinion, the New Jersey Supreme Court has upheld lower court rulings that paramedics who attempted to intubate an infant following the orders of a doctor in two phone calls are entitled to immunity under the state’s Emergency …
POSTED JUNE 30, 2026 5:00 AM |
West News Archives - Insurance Journal
3 Firefighters Killed in Colorado as Wildfires Stoked By Heat, Wind Rage Across West
Blistering heat and strong winds Sunday stoked wildfires across the West after three firefighters were killed a day earlier in Colorado while battling a blaze along the state’s border with Utah. The National Weather Service said wildfire conditions “remain critical” …
POSTED JUNE 30, 2026 5:00 AM |
LA Palisades Fire Jury Fails to Reach Verdict in Arson Trial
A federal jury failed to reach a verdict in the arson case over the most destructive wildfire in Los Angeles history. U.S. District Judge Anne Hwang declared a mistrial after jurors told her Friday they were divided and unable to …
POSTED JUNE 30, 2026 5:00 AM |
Uber and Waymo End Robotaxi Deal in Phoenix; Uber to Announce New Partner
Uber Technologies Inc. said it has wound down its robotaxi offering with Alphabet Inc.’s Waymo in Phoenix, the latest relationship twist between two companies that simultaneously function as partners and competitors. The Arizona capital was the first market where Waymo …
POSTED JUNE 30, 2026 5:00 AM |
Four Washington Restaurants Must Pay $750K in Wages, Damages to Workers
Four Washington-based restaurants must pay $750,000 in back wages and damages to 42 workers after an investigation uncovered minimum wage and overtime violations of the Fair Labor Standards Act. The U.S. Department of Labor secured a federal consent judgment requiring …
POSTED JUNE 29, 2026 5:00 AM |
People Moves: Venbrook Names Ward CFO; Lesmann Joins Crest as Broker; Alliant Adds Lundquist to Benefits Team
Ward Joins Venbrook as CFO Venbrook Group LLC named Kenneth W. Ward chief financial officer. Ward specializes in operational efficiency, cost-cutting initiatives and growth. He has worked across a variety of industries and most recently held the CFO role at …
POSTED JUNE 29, 2026 5:00 AM |
Tesla Settles Lawsuit Over Deadly Crash Involving Full Self-Driving
Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology. The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway …
POSTED JUNE 26, 2026 2:55 PM |
Orion180 Launches FLEX Home Insurance in Colorado
Orion180 Insurance has launched its FLEX homeowners insurance coverage in Colorado. FLEX Home Insurance is designed to give homeowners greater control over how they protect their property, allowing them to tailor coverage to fit their individual risk tolerance and budget. …
POSTED JUNE 26, 2026 5:00 AM |
Indictments Delivered for Auto Theft Ring Targeting Colorado Airports
A Colorado grand jury indicted 11 defendants for taking part in an auto theft ring that reportedly targeted vehicles parked at municipal airports. Colorado Attorney General Phil Weiser and Denver District Attorney John Walsh announced the indictments this week on …
POSTED JUNE 26, 2026 5:00 AM |
Week-Long LA Warehouse Fire That Impacted Air Quality and Businesses Knocked Down
A fire near downtown Los Angeles that has affected the health of nearby residents and caused businesses economic harm for more than a week was knocked down Wednesday night, fire officials said. A fire at a 491,000-square-foot cold storage warehouse …
POSTED JUNE 25, 2026 1:49 PM |
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested
A 14-month-long “ghost broker” investigation has concluded with the arrest of a man accused of procuring more than 1,120 auto insurance policies using fraudulent data and social media apps. The Utah Insurance Department announced the arrest of Carlos David Garcia …
POSTED JUNE 25, 2026 5:00 AM |
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