News Archives - Insurance Journal

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24 09, 2026

Florida Widower Sues Publix, Says Recalled Blueberries Caused Wife’s Death in June

By | September 24th, 2026|Uncategorized|Comments Off on Florida Widower Sues Publix, Says Recalled Blueberries Caused Wife’s Death in June

A south Florida woman died after eating frozen blueberries that were later the subject of a recall, the woman’s husband alleges in a lawsuit naming Publix supermarkets and a food distributor. Richard Mullins, of Largo, near St. Petersburg, and his …

24 09, 2026

Louisiana Fortified Homes Program Receives $20M Investment

By | September 24th, 2026|Uncategorized|Comments Off on Louisiana Fortified Homes Program Receives $20M Investment

Louisiana Governor Jeff Landry announced this week that Louisiana is investing an additional $20 million in Fortified homes, bringing the total amount invested in state Fortified projects this year to $100 million. Landry announced that $20 million from the U.S. …

24 09, 2026

Texas Woman Pleads Guilty to Setting House on Fire

By | September 24th, 2026|Uncategorized|Comments Off on Texas Woman Pleads Guilty to Setting House on Fire

A Wharton County, Texas woman pleaded guilty to setting a house fire in July and was sentenced to 10 years deferred adjudication, the Texas State Fire Marshall Office announced. The Wharton County Sheriff’s Office arrested Rylie Bean in February at …

24 09, 2026

New York Sues Polymarket, Says It Ran Illegal Gambling Operation

By | September 24th, 2026|Uncategorized|Comments Off on New York Sues Polymarket, Says It Ran Illegal Gambling Operation

New York’s attorney general sued Polymarket on Thursday, escalating her battle against prediction markets, an industry that she says violates state laws against illegal gambling. Attorney General Letitia James filed her petition nearly two months after bringing a similar case …

25 09, 2026

Insurance Agent Who Exploited Minority Customers Sentenced to 3 Years in Prison

By | September 25th, 2026|Uncategorized|Comments Off on Insurance Agent Who Exploited Minority Customers Sentenced to 3 Years in Prison

A former Delaware insurance agent has been ordered to serve three years in prison after pleading guilty to three counts of felony theft involving the misappropriation of clients’ funds, the Delaware Department of Insurance (DOI) reported. Zenaida Nieves-Cordero was also …

25 09, 2026

Oracle Cites ‘Force Majeure’ on Controversial New Mexico Data Center

By | September 25th, 2026|Uncategorized|Comments Off on Oracle Cites ‘Force Majeure’ on Controversial New Mexico Data Center

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks. The technology giant sent the project’s …

25 09, 2026

Southern California Edison Pushing for Wildfire Liability Deal Before Lawmakers Depart

By | September 25th, 2026|Uncategorized|Comments Off on Southern California Edison Pushing for Wildfire Liability Deal Before Lawmakers Depart

Electric utility Southern California Edison is urging California lawmakers to hold a special session before year-end to consider limiting utilities’ exposure to future wildfire liabilities, CEO of parent company Edison International EIX.N Pedro Pizarro said this week. Electric utility infrastructure …

25 09, 2026

Insurance Regulators Defend State-Led Model in Reply to Warren

By | September 25th, 2026|Uncategorized|Comments Off on Insurance Regulators Defend State-Led Model in Reply to Warren

The National Association of Insurance Commissioners defended its supervision of Wall Street’s influence over insurers and their bets on private credit, as the group seeks to dispel US Senator Elizabeth Warren’s doubts about potential regulatory gaps. In a letter Thursday …

25 09, 2026

Saudi Oil Export Strategy Hits New Hurdle as Red Sea Insurance Costs Soar

By | September 25th, 2026|Uncategorized|Comments Off on Saudi Oil Export Strategy Hits New Hurdle as Red Sea Insurance Costs Soar

The cost of insuring an oil tanker loaded from Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer’s struggles to find a viable channel for its exports. Saudi …

25 09, 2026

Catastrophe-Bondholders Bet Hurricane Polo Won’t Trigger Losses

By | September 25th, 2026|Uncategorized|Comments Off on Catastrophe-Bondholders Bet Hurricane Polo Won’t Trigger Losses

Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say never,” said Florian Steiger, chief executive of Zurich-based cat-bond manager Icosa …