News Archives - Insurance Journal

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2 03, 2026

Business Moves: CRC Group Completes Buy of Euclid Transactional

By | March 2nd, 2026|Uncategorized|Comments Off on Business Moves: CRC Group Completes Buy of Euclid Transactional

Independent wholesale specialty insurance distributor CRC Group said it has completed its acquisition of Euclid Transactional. New York City-based Euclid Transactional is a managing general agency that specializes in underwriting transactional insurance, such as representations and warranties, tax liability and …

2 03, 2026

Michigan Farm to Pay $33K to Settle River Pollution Case

By | March 2nd, 2026|Uncategorized|Comments Off on Michigan Farm to Pay $33K to Settle River Pollution Case

Michigan Attorney General Dana Nessel has reached a settlement with Holloo Farms, a concentrated animal feeding operation (CAFO) in Calhoun County, to resolve allegations that the company violated environmental regulations and improperly discharged animal waste into state waters. As part …

3 03, 2026

King Risk Partners Continues New York Expansion With Acquisition of PRL Associates

By | March 3rd, 2026|Uncategorized|Comments Off on King Risk Partners Continues New York Expansion With Acquisition of PRL Associates

Florida-based King Risk Partners is continuing its expansion in the Northeast through the acquisition of PRL Associates, an insurance agency based in Endicott, New York. For more than 15 years, PRL Associates has provided personal and commercial insurance. John Lavo …

3 03, 2026

California Insurance Agent Fraud Found After Student Athlete Death

By | March 3rd, 2026|Uncategorized|Comments Off on California Insurance Agent Fraud Found After Student Athlete Death

A licensed insurance agent in California has been charged with insurance fraud and premium theft, which was discovered during an investigation following the death of a student athlete. Gonzalo Lorona, 58, of Oxnard, was charged with 37 felony counts, including …

3 03, 2026

Family Members Arraigned in California Auto Insurance Fraud Scheme

By | March 3rd, 2026|Uncategorized|Comments Off on Family Members Arraigned in California Auto Insurance Fraud Scheme

A California family is charged with insurance fraud in what authorities describe as a staged staging accident involving a Porsche. Pasadena residents Sarkis Dishchyan, 47, Ani Suzie Labbad, 47, and Violett Lara Labbad, 44, were arraigned on multiple counts of …

3 03, 2026

NYC to Install Red Light Cameras at 600 Intersections by Year End

By | March 3rd, 2026|Uncategorized|Comments Off on NYC to Install Red Light Cameras at 600 Intersections by Year End

Last month, New York City announced it would begin activating red light cameras at 50 new intersections each week for the next five weeks, reaching 600 intersections by the end of 2026. The New York City Department of Transportation (NYC …

3 03, 2026

Viewpoint: Einstein on Entropy and Builders Risk

By | March 3rd, 2026|Uncategorized|Comments Off on Viewpoint: Einstein on Entropy and Builders Risk

Were he alive today, Albert Einstein would make for a fantastic expert witness in builders risk coverage litigation. Einstein’s testimony on the concept of entropy would be particularly insightful—assuming his hourly rate was affordable, of course.[1] In recent years, we’ve …

3 03, 2026

Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines

By | March 3rd, 2026|Uncategorized|Comments Off on Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines

A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data showing a significant drop in workplace safety investigations and fines. …

3 03, 2026

Iran War Poses New Risk to US Economic Resilience

By | March 3rd, 2026|Uncategorized|Comments Off on Iran War Poses New Risk to US Economic Resilience

A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of …

3 03, 2026

Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain

By | March 3rd, 2026|Uncategorized|Comments Off on Drone Strikes Damage Amazon Data Centers in the UAE and Bahrain

Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones …