News Archives - Insurance Journal

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22 04, 2026

People Moves: Pekin Insurance Names Colvert as VP – Sales & Marketing

By | April 22nd, 2026|Uncategorized|Comments Off on People Moves: Pekin Insurance Names Colvert as VP – Sales & Marketing

Pekin Insurance announced that John Colvert has joined the organization as Vice President – Sales & Marketing. Colvert brings more than two decades of leadership experience across Property & Casualty insurance and life and financial services. He most recently served …

22 04, 2026

Texas AG Sues Kratom Retailers for Deceptive Marketing

By | April 22nd, 2026|Uncategorized|Comments Off on Texas AG Sues Kratom Retailers for Deceptive Marketing

Texas Attorney General Ken Paxton filed a lawsuit against two California-based online kratom retailers for deceptively marketing and selling synthetic kratom products and adulterated products that are up to 96% 7-hydroxymitragynine (“7-OH”). According to the lawsuit, that is nearly fifty …

22 04, 2026

World Insurance Buys Long Island Agency

By | April 22nd, 2026|Uncategorized|Comments Off on World Insurance Buys Long Island Agency

World Insurance Associates LLC reports that it acquired the business of Baldon Insurance Group of Patchogue, New York. Terms of the January 1, 2026 transaction were not disclosed. Baldon, which was established in 2000, is a Long Island independent agency …

23 04, 2026

FedEx to Pay $280,000 to Settle Disability Discrimination Lawsuit

By | April 23rd, 2026|Uncategorized|Comments Off on FedEx to Pay $280,000 to Settle Disability Discrimination Lawsuit

FedEx Express will pay $280,000 and furnish other relief to settle a disability discrimination lawsuit brought by the Equal Employment Opportunity Commission (EEOC), the federal agency announced. In the lawsuit, the EEOC charged that in February 2023, FedEx failed to …

23 04, 2026

Ex-CEO, ex-CFO of Bankrupt AI Company Charged With Fraud

By | April 23rd, 2026|Uncategorized|Comments Off on Ex-CEO, ex-CFO of Bankrupt AI Company Charged With Fraud

The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they defrauded investors and lenders by fabricating “virtually all” of the now-bankrupt company’s customer relationships and revenue. Former CEO Puthugramam …

23 04, 2026

Wall Street Law Firm Apologizes for AI ‘Hallucinations’ in Court Filing

By | April 23rd, 2026|Uncategorized|Comments Off on Wall Street Law Firm Apologizes for AI ‘Hallucinations’ in Court Filing

Sullivan & Cromwell, a premier Wall Street law firm, apologized to a federal judge for submitting a court filing with inaccurate citations and other errors generated by artificial intelligence. In a letter dated April 18, Andrew Dietderich, co-head of the …

23 04, 2026

California Wildfire Risk Bills Cruising Through Legislature

By | April 23rd, 2026|Uncategorized|Comments Off on California Wildfire Risk Bills Cruising Through Legislature

Two bills that are getting bipartisan support aimed at reducing wildfire risk in California are quickly making their way through state Legislature. Senate Bill 894 and Senate Bill 1297, which both address wildfire risk reduction in the state, passed through …

23 04, 2026

Man Pleads Guilty in Crash That Killed Sheriff’s Recruit, Injuring 25 Others in California

By | April 23rd, 2026|Uncategorized|Comments Off on Man Pleads Guilty in Crash That Killed Sheriff’s Recruit, Injuring 25 Others in California

A California man pleaded guilty to a wrong-way crash that killed a sheriff’s recruit and injured more than two dozen other recruits. Nicholas Gutierrez, 25, pleaded guilty this week to a fatal wrong-way crash that resulted in the death of …

23 04, 2026

Roblox Settles With Three States For $35.8 Million Over Child Safety

By | April 23rd, 2026|Uncategorized|Comments Off on Roblox Settles With Three States For $35.8 Million Over Child Safety

Roblox Corp. has reached settlements with attorneys general in three states over child-safety protections. As part of the deals, the video game company pledged to curb dangerous interactions on its platform, according to statements from the offices of the attorneys …

23 04, 2026

People Moves: Goldie to Oversee Nationwide’s Management Liability, Cyber Teams; Former FIO & NAIC Exec. Joins The Council; Smallcombe Appointed CUO, Ascot US

By | April 23rd, 2026|Uncategorized|Comments Off on People Moves: Goldie to Oversee Nationwide’s Management Liability, Cyber Teams; Former FIO & NAIC Exec. Joins The Council; Smallcombe Appointed CUO, Ascot US

Bobbie Goldie to Oversee Nationwide’s Private Company Management Liability, Cyber Liability Teams Nationwide is tapping insurance industry veteran Bobbie Goldie to oversee the insurance and financial services company’s private company management liability and cyber liability teams. She’ll assume that role …