INSURANCE NEWS
Miami Tech Investor Revives $3 Billion Real Estate Development
More than a decade after announcing plans for a large real estate development in Miami’s Little Haiti neighborhood, technology investor Bob Zangrillo is reviving the project, now pitching it as a home for the city’s growing roster of AI companies. …
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit
A high-ranking Mississippi Insurance Department official has been placed on leave after allegations that he and his wife diverted more than $90 million from a credit union that is now in receivership. Chad Bridges, director of financial and market regulation …
Missouri Sues Baby Monitor Manufacturer for Alleged Links to Chinese Military
Missouri Attorney General Catherine Hanaway has filed a lawsuit against Lorex Corporation, a major seller of home cameras and baby monitors. The lawsuit alleges Lorex has concealed material ties to the Chinese military via its manufacturer, Dahua, putting families at …
Musk’s xAI Accused of Illegally Firing Engineer Who Raised Safety Concerns
A former engineer at Elon Musk’s xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity. Devin …
Florida Tries to Block Rescue Pets from New Mexico and Texas as Screwworm Spreads
The Florida Department of Agriculture and Consumer Services Pets has barred pets rescued from shelters in Texas and New Mexico in a beefed-up effort to stop the spread of the New World Screwworm pest that infests livestock. “We will respond …
Louisiana State Senate Confirms Four Leadership Appointments at LDI
The Louisiana State Senate confirmed four of Insurance Commissioner Tim Temple’s key senior staff appointments to their positions during the 2026 Legislative Session. Whitney Greene, who joined the department on March 23, was confirmed as Executive Counsel, where she serves …
Tornadoes in Illinois and Indiana Leave Residents Grappling With Damage
Residents in tornado-ravaged areas in Illinois and Indiana were grappling with the damage to their homes and neighborhoods on Friday, after the strong line of storms barreled through communities south of Chicago and left trails of destruction. Cleanup efforts were …
Floods Threaten Texas and Louisiana This Week
Louisiana and Texas, including Houston, will get hit with flooding rains for the next few days as a potential tropical storm tries to spin up across the western Gulf. There is a moderate level 3 risk of heavy rainfall across …
Chrisleys Sue Former Defense Attorney, Alleging Malpractice in Conviction
Reality TV stars Todd and Julie Chrisley are accusing one of their former defense attorneys of legal malpractice that they say led them to be convicted and imprisoned, separating them from each other and their family, ruining their reputations and …
Supreme Court Nixes Challenge to New York Law Allowing Suits Against Gun Industry
The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people’s safety through sales of firearms and ammunition. The justices declined to …
Tugboat in California Closes $3M Seed Round to Expand Claims Support
Tugboat, a consumer insurance platform that helps homeowners with property damage and insurance claims, announced an oversubscribed $3 million in seed funding to scale its platform and offer expanded claim support for homeowners. The round was led by ResilienceVC with …
Tech Update: Willis Unveils Tool to Help RMs Respond to Climate-Related Property Risks
Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk …