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News Archives - Insurance Journal

CFPB Prepares Final Lending Rule to Narrow Civil Rights Protections
The U.S. federal watchdog agency for consumer finance expects to finalize new regulations proposed in November that would narrow key civil-rights-era antidiscrimination requirements for lenders, according to a government website. The new policy from the Consumer Financial Protection Bureau would …

POSTED APRIL 06, 2026 5:30 AM
FBI Calls Breach of Sensitive Agency Networks a ‘Major Incident’
The Federal Bureau of Investigation has concluded that last month’s breach of the networks it uses to manage wiretaps and other surveillance work qualifies as a “major incident,” signaling the severity of an intrusion that had already prompted the agency …

POSTED APRIL 06, 2026 5:17 AM
People Moves: Liberty Mutual Restructures Leadership of GRS, LMI
Liberty Mutual Insurance late last week announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses. Vlad Barbalat has been appointed president, Global Risk & Capital Solutions, and will continue to serve …

POSTED APRIL 06, 2026 5:09 AM
Hands-Free Driving Systems Do Not Improve Safety, NTSB Says
The systems that allow drivers to take their hands off the wheel are convenient but don’t improve safety because people are often too reliant on them and end up paying more attention to their cellphones and infotainment screens than to …

POSTED APRIL 06, 2026 5:07 AM
After ‘Two Clocks’ Workers’ Comp Court Ruling, Will Florida Claims Be Reopened?
A Florida appeals court decision, reinterpreting a 32-year-old workers’ compensation statute, could now mean a longer statute of limitations on many injury claims and may lead to the reopening of many cases around the state. The lead claimants’ attorney in …

POSTED APRIL 06, 2026 5:01 AM
After Airport Rejected Her Ad, Attorney Sued and Won. Now She Has Massive Billboard.
A lawyer sued an upstate New York airport after it rejected a small ad for her sexual harassment law firm. Now she has a massive sign there. Megan Thomas signed a contract last summer for the ad at Syracuse Hancock …

POSTED APRIL 06, 2026 5:00 AM
California’s Last Nuclear Power Plant OK’d to Run Through at Least 2030
Federal regulators approved an operating license extension for California’s last-standing nuclear power plant, which under state law can run until at least 2030, the governor of the most populous U.S. state said last week. PG&E’s Diablo Canyon Nuclear Power Plant …

POSTED APRIL 06, 2026 5:00 AM
Delos Says It Has Expanded Eligibility by 1M California Homes in Wildfire-Stressed Areas
Delos Insurance Solutions says it has increased access to its insurance by more than 1 million homes in wildfire-stressed locations across California in the past 12 months with new capacity. The property insurance MGA said it is also able to …

POSTED APRIL 06, 2026 5:00 AM
Public Adjuster Charged With Stealing $80K of Clients’ Insurance Claims Funds
The owner of Patriot Public Adjusting has been charged with misappropriating over $82,000 in insurance claim funds intended for his clients, including elderly homeowners in Pennsylvania and New Jersey. Pennsylvania’s Bucks County District Attorney Joe Khan said his office filed …

POSTED APRIL 06, 2026 5:00 AM
Pioneering Female NFL Official Sues League Over Her Treatment and Firing
In a new lawsuit, one of the first three women to officiate an NFL game describes her three years at the pinnacle of her profession as a descent into the grip of a sexist institution unable to treat a woman …

POSTED APRIL 06, 2026 5:00 AM
Reinsurance Rates Continued Softening During April Renewals, Despite Iran War
Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with no structural disruption, disciplined capacity and cedent-friendly pricing outcomes, …

POSTED APRIL 02, 2026 4:19 PM
Toymaker Hasbro Reports Cybersecurity Incident
Pawtucket, Rhode Island-based toymaker Hasbro, Inc. reported it is investigating a cybersecurity incident after identifying unauthorized access to its network on March 28. The company said it has taken certain systems offline and launched an investigation with the assistance of …

POSTED APRIL 02, 2026 4:04 PM
Mississippi Lawmakers Revive Wind-Mitigation Program with $15,000 Grants
Mississippi will soon become the latest state to provide wind-mitigation grants for homeowners if the governor signs bills approved by lawmakers this week. Senate Bill 2049 revives a 20-year-old retrofit plan and creates the Strengthen Mississippi Homes Program, providing grants …

POSTED APRIL 02, 2026 3:57 PM
Georgia Boards Owe $3M to Military Spouses With Out-of-State Licenses
The state of Georgia must pay some 5,000 military service members and their spouses a total of $3 million to settle charges that state boards failed to recognize out-of-state professional licenses. The U.S. Department of Justice announced this week that …

POSTED APRIL 02, 2026 2:49 PM
US Exempts Gulf of Mexico Drillers From Endangered Species Rules
A committee of senior officials in President Donald Trump’s administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles. The decision, …

POSTED APRIL 02, 2026 2:32 PM
Kroger Houston Division Faces Lawsuit for Disability Discrimination
Kroger Texas L.P. – Houston Division, operator of Kroger grocery store #300 in Houston’s Clear Lake/NASA area, violated federal employment law when it failed to accommodate and then fired an employee because of her disability, the U.S. Equal Employment Opportunity …

POSTED APRIL 02, 2026 2:28 PM
Texas Woman Loses Wrongful Arrest Lawsuit in Controversial Abortion Case
A Trump-appointed federal judge in South Texas this week dismissed a lawsuit filed by a woman in the Rio Grande Valley who alleged that her rights were violated after prosecutors charged her with murder in a controversial case that made …

POSTED APRIL 02, 2026 2:20 PM
Tugboat Captain Charged in Crash That Killed 3 Girls from Miami Sailing Camp
A tugboat captain has been charged in a deadly Miami collision in July that killed three girls from a sailing camp, federal prosecutors said Tuesday. Yusiel Lopez Insua, 46, of Miami, faces a charge of seaman’s manslaughter in the crash, …

POSTED APRIL 02, 2026 1:57 PM
Fleet Lender Pays $1.64M to California to Settle False Claims Allegations
A commercial fleet lender is paying $1.64 million to settle allegations it made false claims to take advantage of a loan loss insurance program. California Attorney General Rob Bonta settled with Crossroads Equipment Lease and Finance over alleged false claims …

POSTED APRIL 02, 2026 1:54 PM
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme
Federal law enforcement officials report they arrested Zhan Petrosyants, charging him with operating an extensive no-fault automobile insurance fraud scheme that involved submitting tens of millions of dollars in fraudulent medical claims and laundering the proceeds. Petrosyants, 44, also known …

POSTED APRIL 02, 2026 1:50 PM
Jury Can’t Reach Verdict in Corruption Trial of Fired FirstEnergy Execs
Jurors failed to reach a verdict on Tuesday in the corruption trial of two fired FirstEnergy Corp. executives charged with alleged roles in a $60 million scheme to bribe politicians for a $1 billion nuclear bailout and other favors. The …

POSTED APRIL 02, 2026 1:46 PM
Warmer Winters Causing Costly Water Pollution Crisis
When pollution gets bad enough in the rivers supplying Iowa’s largest city with drinking water, it costs Des Moines around $16,000 a day to run a special system to filter out dangerous nitrates. It’s a fact of life in the …

POSTED APRIL 02, 2026 1:43 PM
Hail a Growing Loss Driver on Rising Tide of Severe Convective Storms, Allianz Says
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.

POSTED APRIL 02, 2026 12:42 PM
Stolen Renoir, Cézanne and Matisse Were Probably Uninsured, Market Sources Say
Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the Reuters publication The Insurer that …

POSTED APRIL 02, 2026 10:17 AM
UK Motor Finance Scandal to Cost Lenders $12 Billion
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …

POSTED APRIL 02, 2026 9:14 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Kelstar Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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