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INSURANCE NEWS
4 Arrested in Louisiana Insurance Fraud Scheme
The Louisiana State Police Insurance Fraud / Auto Theft Unit (IFAT) has arrested four individuals following an investigation into an alleged automobile insurance fraud scheme in Iberia Parish The investigation began after a criminal referral from Timber Creek Insurance Services …
Northwestern Medicine Agrees to Pay $325K in Religious Discrimination Case
Northwestern Medicine agreed to pay $325,000 in monetary relief to a class of employees denied vaccine exemptions because of their religious beliefs or practices and to provide other relief following an investigation by the U.S. Equal Employment Opportunity Commission (EEOC). …
India’s Prized Alphonso Mango Crop Ruined by Weather
In India’s western state of Maharashtra, mango farmer Komal Walke is scrambling to meet orders from India’s online grocers after her family’s three acres of orchards produced almost no Alphonso mangoes this year. Walke, a 26-year-old horticulturist in the coastal …
World Acquires Kansas’ Agency West
World Insurance Associates LLC announced that it acquired the business of Agency West Insurance of Olathe, Kansas on February 1, 2026. Terms of the transaction were not disclosed. Agency West has been operating in Kansas for many years. They serve …
Markets/Coverages: Amiga Specialty Secures Lloyd’s Capacity for New Yachts Division
Amiga Specialty, the London-based managing general agent, has secured £/$25 million of “A”-rated capacity with global Lloyd’s licensing for its Yachts division, marking an important step in the development of its specialist marine offering. The capacity will support Amiga Specialty’s …
SEC Chairman Eyes ‘Gun-Jumping’ Rule Changes to Spur More IPOs
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings. SEC Chairman Paul Atkins said he would welcome …
Insurers Settle in Wrongful Conviction Case, Can’t Yet Escape Sex Trafficking Coverage
Insurance carriers are not off the hook in two high-profile lawsuits involving alleged sexual abuse and millions of dollars in defense costs and indemnity—one in North Carolina and one in Georgia. In the North Carolina case, Ohio Casualty Insurance Co., …
Fatalities Reported in Washington State Packaging Facility Explosion
An accident at a Washington state packaging facility has left at least one person dead, nine missing and nine others injured, with crews working to contain a ruptured tank of caustic chemicals. The incident occurred Tuesday morning at Nippon Dynawave …
California Officials Lift Evacuation Orders for Residents Near Damaged Chemical Tank
Southern California officials lifted the final evacuation orders Tuesday night for residents who live near a damaged chemical tank, allowing 16,000 people to return home. The crisis that began Thursday had forced 50,000 people to evacuate in and around the …
Bezos’ Blue Origin Plans $600 Million Expansion in Florida
Blue Origin, the aerospace company founded by billionaire Jeff Bezos, will invest $600 million to expand its Rocket Park campus in Cape Canaveral, Florida, according to a statement from Governor Ron DeSantis. The planned 830,000-square-foot manufacturing facility will increase the …
Initial Report Finds Fatal Fire, Explosion at Maine Lumber Mill Was Accidental
A huge fire and explosion at a lumber mill in Maine on May 15 that took the life of a 27-year-old firefighter and injured a dozen others is believed to have been accidental, according to an initial investigation by state …
Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
North Carolina investment firm founder Greg Lindberg was sentenced Tuesday to 12 years in prison for siphoning more than $2 billion in reserves backing insurance policies and using the proceeds to pay for jets, mansions and a 214-foot yacht. Lindberg, …
