News Archives - Insurance Journal

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9 07, 2025

Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

By | July 9th, 2025|Uncategorized|Comments Off on Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to detect fraud and misstatements that contributed to the Toronto private lender’s collapse. In a claim filed with Ontario’s Superior Court …

9 07, 2025

Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

By | July 9th, 2025|Uncategorized|Comments Off on Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders. These new offerings include a complimentary one-hour call with an experienced cyber and data risk lawyer from Markel Law to …

9 07, 2025

Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law

By | July 9th, 2025|Uncategorized|Comments Off on Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law

Connecticut Attorney General William Tong announced a settlement with TicketNetwork, Inc. as a result of an investigation into violations of the Connecticut Data Privacy Act. Under the settlement, TicketNetwork has agreed to comply with the requirements of the CTDPA, maintain …

9 07, 2025

Insurtech Inshur Raises $35 Million From Trinity Capital for US Expansion, AI Tech

By | July 9th, 2025|Uncategorized|Comments Off on Insurtech Inshur Raises $35 Million From Trinity Capital for US Expansion, AI Tech

Inshur said it as received a $35 million capital raise from alternative asset manager Trinity Capital to invest in research and development of artificial intelligence technology to support its embedded auto insurance policies within the autonomous vehicle market. The company …

9 07, 2025

Family of Four Killed in North Carolina Plane Crash

By | July 9th, 2025|Uncategorized|Comments Off on Family of Four Killed in North Carolina Plane Crash

A North Carolina family of four, including two school-age children, died when their small plane crashed as they flew back from Florida. A National Transportation Safety Board crash investigator arrived Tuesday at the site of Monday’s crash in a field …

9 07, 2025

Ken Griffin-Backed Florida Bill for Non-Competes Becomes Law

By | July 9th, 2025|Uncategorized|Comments Off on Ken Griffin-Backed Florida Bill for Non-Competes Becomes Law

Florida enacted legislation allowing non-competes of up to four years, handing a victory to Citadel’s Ken Griffin, who pushed for the policy. Labor lawyers say it’s one of the most employer-friendly policies in the country. It also goes in the …

9 07, 2025

Villages Health System Sees $350 Million in Medicare Overcharges

By | July 9th, 2025|Uncategorized|Comments Off on Villages Health System Sees $350 Million in Medicare Overcharges

A health-care system serving the largest retirement community in the US has filed for bankruptcy after disclosing it potentially overbilled Medicare by at least $350 million, according to court filings. The Villages Health System LLC, which operates clinics for retirees …

9 07, 2025

House Swept Away as Flash Flooding Hits Mountain Village in New Mexico

By | July 9th, 2025|Uncategorized|Comments Off on House Swept Away as Flash Flooding Hits Mountain Village in New Mexico

At least three people were missing in a mountain village in southern New Mexico that is a popular summer retreat after monsoon rains triggered flash flooding Tuesday that was so intense an entire house was swept downstream. Emergency crews carried …

9 07, 2025

Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs

By | July 9th, 2025|Uncategorized|Comments Off on Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs

President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early August while indicating he could announce substantial new …

9 07, 2025

Focus on First Responders’ Mental Health Grows in Texas Flood Recovery

By | July 9th, 2025|Uncategorized|Comments Off on Focus on First Responders’ Mental Health Grows in Texas Flood Recovery

Riding on horseback through brush and over numerous dead turkeys, Margo Mellon spent Tuesday scanning the flood-ravaged ground of Texas’ Hill Country for dead bodies. As she and her rescue mates trudged through the muddy terrain, state officials announced that …