News Archives - Insurance Journal

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16 06, 2026

Washington County Prosecuting First Insurance Fraud Case Under OIC Deal

By | June 16th, 2026|Uncategorized|Comments Off on Washington County Prosecuting First Insurance Fraud Case Under OIC Deal

A county with one of the highest volumes of insurance fraud cases in Washington has filed its first changes under a new agreement with the state’s insurance regulator. The Pierce County Prosecuting Attorney’s Office filed insurance fraud charges in Pierce …

16 06, 2026

Ads in New York Must Now Label AI-Generated ‘Synthetic Performers’

By | June 16th, 2026|Uncategorized|Comments Off on Ads in New York Must Now Label AI-Generated ‘Synthetic Performers’

Any advertisements in New York that feature artificial intelligence-generated people in place of actors will now be violating state law if they don’t clearly label that they have used a “synthetic performer.” The law, signed in December by Gov. Kathy …

16 06, 2026

CVS Paying $36.5 Million for Overbilling Medi-Cal for Insulin Pens

By | June 16th, 2026|Uncategorized|Comments Off on CVS Paying $36.5 Million for Overbilling Medi-Cal for Insulin Pens

CVS is paying $36.5 million for submitting false claims to the Medi-Cal program for excessive dispensing of insulin pens. A settlement pursued by California Attorney General Rob Bonta in collaboration with the United States Department of Justice with CVS Pharmacy, …

16 06, 2026

Miami Tech Investor Revives $3 Billion Real Estate Development

By | June 16th, 2026|Uncategorized|Comments Off on 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. …

16 06, 2026

Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI

By | June 16th, 2026|Uncategorized|Comments Off on Microsoft Sued by Shareholders Over Expenses, Cloud Business, AI

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. …

16 06, 2026

People Moves: Gallagher Appoints Practice Leaders for Casualty, Fine Arts, Data Centers

By | June 16th, 2026|Uncategorized|Comments Off on People Moves: Gallagher Appoints Practice Leaders for Casualty, Fine Arts, Data Centers

Gallagher is expanding its US retail brokerage capabilities with the appointment of three new practice leaders. Evan Hessel, managing director, casualty, joined Gallagher as part of the Woodruff Sawyer acquisition in 2025. He has extensive experience in developing risk financing …

16 06, 2026

Ukraine Aims to Align Banks, Insurers With EU Rules by 2028, Central Banker Says

By | June 16th, 2026|Uncategorized|Comments Off on Ukraine Aims to Align Banks, Insurers With EU Rules by 2028, Central Banker Says

Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor confidence and deepen economic integration with Europe, its central bank governor said. The European Union launched formal talks …

16 06, 2026

US-Iran Deal Promises End to War but How it Will Work Remains Unclear

By | June 16th, 2026|Uncategorized|Comments Off on US-Iran Deal Promises End to War but How it Will Work Remains Unclear

Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered. U.S. …

12 06, 2026

Climate Change Making Coastal Floods More Likely, Study Finds

By | June 12th, 2026|Uncategorized|Comments Off on Climate Change Making Coastal Floods More Likely, Study Finds

Extreme floods that once swamped coastal communities only rarely are becoming far more common as climate change caused by humans pushes sea levels higher, according to new research published Wednesday. Experts say the findings are crucial for making plans about …

12 06, 2026

People Moves: PIA New Jersey Elects New Leadership

By | June 12th, 2026|Uncategorized|Comments Off on People Moves: PIA New Jersey Elects New Leadership

PIA New Jersey Elects New Leadership; Levine President Aaron Levine was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at the association’s annual business meeting. Levine is a member agent for LG Insurance Agency in West Long …