Insurance
Illinois Agrees to $20M Settlement With Distributor of Popular Vape Brands
Illinois Attorney General Kwame Raoul announced a settlement with the entities responsible for distributing Posh, one of Illinois’ bestselling disposable vape brands. The settlement resolves allegations the entities violated the Illinois Youth Prevention Vaping Act by selling unauthorized flavored e-cigarettes …
Read More Kansas Insurance Commissioner Schmidt Loses GOP Primary for Governor
Kansas Insurance Commissioner Vicki Schmidt’s bid to become the state’s next governor came up short Tuesday. Schmidt finished third in the Republican Primary, losing to state senator Ty Masterson. Schmidt received 13.7% of the vote. Schmidt was elected insurance commissioner …
Read More Inszone Acquires Oklahoma’s Chelf Insurance Group
Inszone Insurance Services has acquired Chelf Insurance Group, expanding Inszone’s footprint in Oklahoma. Co-owners Justin Crane and Nate Crow officially founded Chelf Insurance Group in 2024. The agency established a significant local presence by acquiring a 50-year-old insurance book in …
Read More Ex-VW Engineers Plead Not Guilty to US Insider Trading Charges
Two former Volkswagen AG engineers denied charges they made a combined $300,000 trading on secret information about the German carmaker’s planned $5 billion joint venture with electric-vehicle maker Rivian Automotive Inc. The engineers, Michael Stamp and Marcus Plank, both in …
Read More People Moves: Antares Names Leadership Team After Death of CEO van der Straaten
Following the passing of CEO Michael van der Straaten in July, Antares Global, the specialist re/insurance group, has announced its new leadership structure. Oversight of the Antares Global’s business will remain with Ahmed El Tabbakh, QIC’s group chief business officer …
Read More Data Centers Exposed Carriers to China Hack, House Panel Says
US telecommunications companies connected their systems to data centers and related infrastructure in a way that exposed them to cybersecurity vulnerabilities, potentially opening the door to the massive Salt Typhoon hacking campaign that breached several mobile carriers two years ago, …
Read More Proposed Hormuz Deal Would Give Iran Control of Inbound Traffic, Sources Say
A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in one of the biggest concessions yet …
Read More Judge Orders Rewrite to Florida Property-Tax Amendment Ballot Wording
A proposed Florida constitutional amendment that would limit some home property taxes will likely remain on the November ballot, but state officials have just 10 days to tone down the proselytizing language, a judge ordered. Leon County Circuit Judge David …
Read More Wildfires Mean Portland Edges Out Kinshasa for World’s Worst Air
Wildfires burning across Washington and Oregon have left Portland with the worst air quality among major cities around the world, edging out Kinshasa in the Democratic Republic of Congo. The air in both cities is classified as unhealthy, although the …
Read More The Hartford To Acquire Equitable’s Employee Benefits Biz
In a deal designed to boost The Hartford’s growth in the small and midsized employer segment, the Connecticut-based insurer announced a deal to acquire Equitable’s Employee Benefits business, focusing on flexible non-medical benefits. According to a media statement, as part …
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