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INSURANCE NEWS
NHTSA Upgrades Probe into 3.2M Teslas Over Self-Driving Crashes
The National Highway Traffic Safety Administration on Thursday escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or warn drivers in poor visibility. NHTSA first opened a preliminary evaluation …
Oklahoma Insurance Producer Has License Revoked Following Investigation
The Oklahoma Insurance Department (OID) announced it has fined and revoked the license of Leslie Clark, a resident insurance producer from Stigler, Oklahoma, following an investigation led by its Anti-Fraud Unit. On Feb. 11, 2026, a show-cause hearing was held …
Texas Takes Over Permitting for Carbon Storage Projects
The Texas Railroad Commission spent two years working to secure the authority to issue the permits energy companies need to inject and store carbon dioxide underground, a power previously held by the federal government. Last November, the Environmental Protection Agency …
Inszone Acquires Ohio Valley Insurance
Inszone Insurance Services, a provider of commercial, personal, and benefits insurance solutions, is pleased to announce its expansion in the Midwest through the acquisition of Ohio Valley Insurance, an established independent insurance agency with deep roots in agricultural and crop …
People Moves: Liberty Mutual Names Hobbs President of Underwriting, GRS
Liberty Mutual Insurance, headquartered in Boston, Massachusetts, named Phil Hobbs, currently president, Liberty International Insurance, as president of underwriting, Global Risk Solutions (GRS), effective April 1. Hobbs, who is based in London, will report directly to GRS President Matthew Moore …
FirstEnergy Execs Face Corruption Trial in Bribery Scheme
Jurors in Akron began deliberating this week in the corruption trial of two fired FirstEnergy Corp. executives charged for their alleged roles in a sweeping $60 million bribery scheme that resulted in a lucrative bailout of two affiliated nuclear plants. …
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
Insurance industry trade associations are applauding a decision to change the homeowners insurance required by Fannie Mae and Freddie Mac, which the trades said will lower costs for homeowners and buyers. The Federal Housing Finance Agency this week announced the …
Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows
Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping …
Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back debt linked to the transfer of Brazilian star Igor Jesus, putting yet more scrutiny on the team’s finances and ownership structure. A subsidiary of …
Decades After Canal Project Was Abandoned, Advocates Trying to Link 3 Rivers
It was supposed to be Florida’s version of the Panama Canal — a shortcut for boats to pass through the middle of the state from the Atlantic Ocean to the Gulf instead of navigating around the peninsula. But work on …
Tally Hospital Sues to Evict Patient Who Won’t Leave Room 5 Months After Discharge
The patient in Room 373 refuses to leave. Tallahassee Memorial Healthcare earlier this month sued the patient, saying she has refused to depart her hospital room since being discharged last October. The hospital also has asked a state judge in …
Rural New York Insurance Agency Under Investigation, Police Report
A Warwick, New York insurance agency is under investigation for alleged illegal practices. The Warwick Police Department reported it executed a warrant to search Fullerton Insurance in January for the purpose of obtaining documentation, electronic devices, and other potential evidence …
