World Insurance Buys Long Island Agency
World Insurance Associates LLC reports that it acquired the business of Baldon Insurance Group of Patchogue, New York. Terms of the January 1, 2026 transaction were not disclosed. Baldon, which was established in 2000, is a Long Island independent agency …
POSTED APRIL 22, 2026 6:00 PM |
Texas AG Sues Kratom Retailers for Deceptive Marketing
Texas Attorney General Ken Paxton filed a lawsuit against two California-based online kratom retailers for deceptively marketing and selling synthetic kratom products and adulterated products that are up to 96% 7-hydroxymitragynine (“7-OH”). According to the lawsuit, that is nearly fifty …
POSTED APRIL 22, 2026 4:52 PM |
People Moves: Pekin Insurance Names Colvert as VP – Sales & Marketing
Pekin Insurance announced that John Colvert has joined the organization as Vice President – Sales & Marketing. Colvert brings more than two decades of leadership experience across Property & Casualty insurance and life and financial services. He most recently served …
POSTED APRIL 22, 2026 4:31 PM |
Nebraska Faces Urgent Task of Reversing Job Loss Trend
Not long ago, Nebraska’s growth was quite literally a national cover story. Nebraska Gov. Pete Ricketts soared through the air wearing skis and goggles on the Olympic-themed March 2018 cover of Site Selection, an economic development industry magazine. The cartoon …
POSTED APRIL 22, 2026 4:29 PM |
Judge Rules to Temporarily Block Texas’ Smokeable Hemp Ban
A Travis County district judge has temporarily lifted a statewide ban on the sale of natural smokeable hemp products, such as flower buds and rolled joints, until at least April 28. Judge Maya Guerra Gamble granted the Texas Hemp Business …
POSTED APRIL 22, 2026 4:24 PM |
Florida Jury Finds Uber Liable for Actions of Driver Who Grabbed Passenger’s Thigh
Rideshare giant Uber is liable for the behavior of a driver who grabbed the inner thigh of a passenger as she was leaving the front seat of his car and asked if he could “keep her” with him, a jury …
POSTED APRIL 22, 2026 4:08 PM |
California Attorney General Suing Over CEQA Violations Involving Ancestral Remains
California Attorney General Rob Bonta is suing the City of Poway alleging it violated the California Environmental Quality Act by failing to respond to discoveries of burials of ancestral human remains and cultural resources during the construction of a luxury …
POSTED APRIL 22, 2026 3:36 PM |
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme
Three Georgia State Patrol troopers and their supervisor have been let go after officers’ hot pursuits reportedly turned into cold cash from fleeing suspects’ auto insurance companies. News sites around the state reported that an internal investigation found the officers, …
POSTED APRIL 22, 2026 3:33 PM |
How Leaders Can Maintain Humanity in the Modern Insurance Era
As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn’t just better technology but how the people behind the technology are using it. That’s according to experts at InsurTech New York’s …
POSTED APRIL 22, 2026 3:07 PM |
Markets/Coverages: MGA EverPeak Launches Multi-State Workers’ Comp Feature; Orion180 Offers New Product for Rental Property Owners
EverPeak Insurance launched a new multi-state feature that eliminates multi-jurisdictional friction for mobile workforces. Effective April 21, the new feature allows brokers to secure workers’ compensation coverage across 17 states in a single, 30-second digital workflow. The feature addresses a …
POSTED APRIL 22, 2026 2:17 PM |
Purdue Pharma’s $5.5B Sentencing for Opioid Charges Delayed
A federal judge on April 21 delayed the planned criminal sentencing of Purdue Pharma by one week, saying she wanted to allow more public participation before concluding a criminal case over the company’s marketing of addictive opioid drugs. U.S. District …
POSTED APRIL 22, 2026 1:41 PM |
Iran Seizes Ships in Strait of Hormuz After Trump Halts Attacks
Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off attacks indefinitely with no sign of peace talks restarting. Iran’s semi-official Tasnim news agency said …
POSTED APRIL 22, 2026 12:47 PM |
WR Berkley Turns in Record Q1 Operating Income
First quarter 2026 net income at W.R. Berkley Corp. increased about 23.4% compared to the same period a year ago to about $515.2 million. Operating income for the first three months of the year was a record $514.3 million. The …
POSTED APRIL 22, 2026 12:45 PM |
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes
The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and gas producing giants …
POSTED APRIL 22, 2026 12:33 PM |
Record Drought Sparks Worries About Fires, Water Supply and Food Prices
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food prices and western water issues. More than 61% of the …
POSTED APRIL 22, 2026 5:13 AM |
Claim Severity Trends for Medical Malpractice ‘Stand Out’: S&P GMI
Casualty claims are becoming more expensive at a faster rate, but medical professional liability stands out as one casualty line where compounding factors are turning severity deterioration into a heightened risk. According to an S&P Global Market Intelligence report, written …
POSTED APRIL 22, 2026 5:02 AM |
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive
It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional …
POSTED APRIL 22, 2026 5:01 AM |
New York Claims Coinbase and Gemini Titan Prediction Markets Are Illegal Gambling
New York’s attorney general sued Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O on Tuesday, claiming their prediction markets violate state laws against illegal gambling. In petitions filed in state court in Manhattan, Attorney General Letitia James said Coinbase and …
POSTED APRIL 22, 2026 5:00 AM |
Tesla’s California Sales Slide Deepens as Hybrids Displace EVs
Tesla Inc. saw a steep drop in vehicle registrations in California as consumers in the Golden State increasingly embrace hybrid vehicles. Tesla’s first-quarter registrations declined 24% in the state compared with the prior-year period, according to a report released Tuesday …
POSTED APRIL 22, 2026 5:00 AM |
People Moves: SterlingRisk Promotes Waterman to Deputy CEO, Beres to COO
SterlingRisk, headquartered in Woodbury, New York, promoted Marci Waterman, Esq., to deputy chief executive officer, and appointed John S. Beres as chief operating officer (COO). Waterman joined SterlingRisk in 2013 and served as COO for nearly a decade. In addition …
POSTED APRIL 22, 2026 5:00 AM |
Federal Judge Blocks Trump Actions Stymieing Wind, Solar Projects
A federal judge on Tuesday blocked President Donald Trump’s administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects. Chief U.S. District Judge Denise Casper …
POSTED APRIL 22, 2026 5:00 AM |
New York Lawmakers Revive Bill to Curb Distressed Sovereign Debt Lawsuits
New York state lawmakers have reintroduced legislation that would curb some investors’ ability to buy distressed sovereign debt and sue for full repayment, a move that would reshape the legal landscape for sovereign international bonds. The proposal would amend the …
POSTED APRIL 22, 2026 5:00 AM |
LA Wildfire Survivors Could Face Another Blow From Taxes on Settlement Payouts
Thousands of survivors of the 2025 Eaton Fire in Altadena, California, have elected to accept an upfront settlement from the utility accused of causing it, forgoing future litigation for a faster payment that could help them rebuild or relocate. Related: …
POSTED APRIL 22, 2026 5:00 AM |
UK Says Iran, China Drive Regular Significant Cyberattacks
Hackers linked to foreign governments are now behind the majority of “nationally significant” cyberattacks targeting the UK, the country’s top cybersecurity official is set to warn. Richard Horne, chief executive officer of the National Cyber Security Centre, or NCSC, is …
POSTED APRIL 22, 2026 4:54 AM |
Microsoft Must Face $2.8 Billion UK Lawsuit Over Cloud Computing Licenses
Microsoft must face a mass lawsuit alleging it overcharged thousands of British businesses to use Windows Server software on cloud computing services provided by Amazon, Google and Alibaba, a London tribunal ruled on Tuesday. Competition lawyer Maria Luisa Stasi is …
POSTED APRIL 22, 2026 4:29 AM |