Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse
The state of Maryland has reached a settlement in principle with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving a portion of the state’s claims arising from the cargo ship’s …
POSTED APRIL 09, 2026 4:54 PM |
Jacksonville Contractor Charged With Underreporting Payroll by $2 Million
Florida authorities have charged a Jacksonville contractor with underreporting payroll by almost $2 million and stiffing his workers’ compensation insurer for almost $300,000 in premiums. Carlos Antonio Maradiago Garcia, 50, a native of Honduras, was investigated by the Florida Department …
POSTED APRIL 09, 2026 4:05 PM |
LexisNexis: Synthetic Identity Fraud Rises Significantly in 2025
A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise. According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic …
POSTED APRIL 09, 2026 3:10 PM |
The Fidelis Partnership Launches Capital Solutions Business, Led by Howden’s Gammoh
Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has launched a new capital solutions business called Mezura Capital Partners. Headquartered in Bermuda, Mezura Capital will focus on delivering strategic capital solutions and partnerships for insurers and reinsurers. …
POSTED APRIL 09, 2026 2:59 PM |
Israeli Strikes on Lebanon Jeopardize Iran Truce; Talks Planned but Strait Still Shut
Israel bombed more targets in Lebanon on Thursday, putting the U.S.-Iran ceasefire into further jeopardy after the biggest Israeli attacks on its neighbor of the war killed more than 250 people and threatened to torpedo Donald Trump’s truce. In Pakistan, …
POSTED APRIL 09, 2026 2:01 PM |
Florida’s Prestige Trucking Insurance Acquires Mulligan, an AI Automation Platform
Prestige Trucking Insurance, a retail brokerage and parent company of CSMV Underwriters, has continued its expansion with the acquisition of Mulligan, an artificial intelligence-based insurance automation platform. The platform will now be offered under the name Insure Stack, led by …
POSTED APRIL 09, 2026 1:45 PM |
Kansas Woman Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Geary County woman has been sentenced to 24 months of probation for insurance fraud. Kei’Anna Boykin, aged 31, pleaded guilty on January 15, 2026, in Geary County District Court to one felony count …
POSTED APRIL 09, 2026 1:38 PM |
People Moves: IBC Insurance Appoints Zepeda as Business Development Strategist
IBC Insurance has appointed Zee Zepeda as Business Development Strategist. In this role, Zepeda will be responsible for aligning insurance and banking initiatives to drive growth, enhance client relationships, and expand cross-functional opportunities across the organization. Zepeda will focus on …
POSTED APRIL 09, 2026 1:34 PM |
Texas Summer Camps Sue to Block New Internet Rule
Nineteen camps in Texas have filed a lawsuit seeking to invalidate a new state requirement for them to install “end-to-end fiber optic facilities” in order to operate this summer. The requirement that the camps install fiber optic internet does not …
POSTED APRIL 09, 2026 1:07 PM |
DOJ Top Antitrust Litigators Exit After Ticketmaster Accord
The US Justice Department’s top antitrust litigator and three senior trial attorneys that led cases against Live Nation Entertainment Inc., Apple Inc. and Alphabet Inc.’s Google are leaving the agency, according to people familiar with their plans. Some of the …
POSTED APRIL 09, 2026 12:46 PM |
Trump Appeals Civil Fraud Ruling, Citing Former Lawyer’s Testimony Doubts
Donald Trump has asked New York’s highest appeals court to vacate a judge’s finding that he was liable for inflating the value of his real estate assets, arguing that his former lawyer Michael Cohen has since cast doubt on his …
POSTED APRIL 09, 2026 12:38 PM |
China Confirms Three Ships Passed Through Strait of Hormuz
Three Chinese ships recently sailed through the Strait of Hormuz after coordination with relevant parties, a foreign ministry spokesperson told a regular daily press briefing on Tuesday, while calling for peace and stability in the Gulf Region. The critical waterway …
POSTED APRIL 09, 2026 11:16 AM |
Israel Intensifies Lebanon Strikes With Ceasefire in Doubt
Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict. The Israeli military said Wednesday it targeted more …
POSTED APRIL 09, 2026 6:55 AM |
Paramount President Jeff Shell to Depart After Lawsuit Scandal
Jeff Shell is stepping down as president of Paramount Skydance Corp. following a contentious lawsuit by a high-stakes gambler who accused him of leaking inside information. Shell, who served as the No. 2 executive under Chief Executive Officer David Ellison, …
POSTED APRIL 09, 2026 6:04 AM |
Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit
The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight. Just three ships were observed …
POSTED APRIL 09, 2026 5:48 AM |
Shippers Rush for Hormuz Insurance After Truce Deal, Broker Says
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the increased demand from the market also comes “a pronounced …
POSTED APRIL 09, 2026 5:24 AM |
Anthropic Touts AI Cybersecurity Project With Big Tech Partners
Anthropic announced an initiative with major technology companies, including Amazon.com, Microsoft and Apple, that lets partners preview an advanced model with cybersecurity capabilities developed by the AI startup. Under its “Project Glasswing,” select organizations will be allowed to use the …
POSTED APRIL 09, 2026 5:15 AM |
FDIC Lays Out Guidelines for Institutions Issuing Stablecoins
The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the financial system. …
POSTED APRIL 09, 2026 5:06 AM |
SEC Enforcement Activity Drops Dramatically as Agency ‘Resets’
Enforcement cases brought by the U.S. Securities and Exchange Commission fell more than 20% in the latest fiscal year as the regulator “recentered” its enforcement program, the agency said April 7. The SEC brought 456 enforcement actions in the fiscal …
POSTED APRIL 09, 2026 5:02 AM |
Gallagher Clarifies Non-Ownership of Florida Firm Guilty of Bogus ACA Sign-ups
Six weeks after leaders of scheme to sign up south Florida homeless people for Affordable Care Act policies were sentenced to years in prison, the companies involved have agreed to pay more than $135 million to resolve a federal investigation. …
POSTED APRIL 09, 2026 5:01 AM |
Contractor Faces $4.6 Million in OSHA Fines After Fatal Trench Collapse
A Massachusetts water and sewer line construction contractor is facing $4,699,362 in proposed penalties for safety violations related to a trench collapse that claimed the life of an employee and seriously injured another at a Cape Cod worksite. A federal …
POSTED APRIL 09, 2026 5:00 AM |
People Moves: Booher Named President & CEO of CopperPoint Insurance
CopperPoint Mutual Insurance Holding Company named Kellen Booher president and CEO. Booher succeeds CEO and Board Chair Marc Schmittlein, who announced his retirement last year. Schmittlein joined CopperPoint in 2016 and was appointed executive chair of the CopperPoint board of …
POSTED APRIL 09, 2026 5:00 AM |
Berkshire-Owned PacifiCorp Wins Ruling That Could Reduce Oregon Wildfire Damages
An appeals court on Wednesday ruled in favor of Berkshire Hathaway’s PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the utility proceed as a class action. The decision by …
POSTED APRIL 09, 2026 5:00 AM |
Judge Trims Wrongful Death Suit Claims Over Spicy Chip Challenge
A federal judge in Massachusetts has dismissed claims against Walgreens but allowed some claims against the The Hershey Co. and its affiliate food manufacturers Paqui and Amplify Snack Brands, Inc. to proceed in a wrongful death lawsuit brought by the …
POSTED APRIL 09, 2026 5:00 AM |
California Workers’ Comp Bureau Upping Fee for Special Inspections
The Workers’ Compensation Insurance Rating Bureau of California will increase the fee for special inspections from $200 to $500 per location inspected. Special Inspections, conducted at the request of an insurer, broker or agent of record to confirm classifications, are …
POSTED APRIL 09, 2026 5:00 AM |