News Archives - Insurance Journal

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3 03, 2026

Tariff-Refund Seekers Flock to Little-Known US Trade Court

By | March 3rd, 2026|Uncategorized|Comments Off on Tariff-Refund Seekers Flock to Little-Known US Trade Court

Importers seeking their share of more than $130 billion in tariff refunds are flocking to a little-known U.S. trade court, which must now figure out how to deal with what is expected to be an explosion of cases. Multinationals such …

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 …

2 03, 2026

FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling

By | March 2nd, 2026|Uncategorized|Comments Off on FedEx Customers Sue Company for Tariff Refunds After US Supreme Court Ruling

FedEx was sued in federal court on Friday on behalf of customers seeking refunds from the global shipping company after the U.S. Supreme Court ruled this month that President Donald Trump unlawfully imposed billions of dollars in emergency tariffs on …

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 …

3 03, 2026

Judge Rejects Shell’s Bid to Overturn Arbitration Award With Venture Global

By | March 3rd, 2026|Uncategorized|Comments Off on Judge Rejects Shell’s Bid to Overturn Arbitration Award With Venture Global

A New York state judge on Monday rejected British oil major Shell’s request to throw out an arbitration award that favored Venture Global in a dispute over the American company’s alleged improper sale of liquefied natural gas. Justice Joel Cohen …

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

MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources

By | March 3rd, 2026|Uncategorized|Comments Off on MNRB Gets Approval to Start Talks on Sale of Islamic Insurer Takaful Ikhlas: Sources

Malaysia’s central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasama Rakyat Malaysia …

2 03, 2026

Delaware High Court Upholds Elon Musk-Led Overhaul of State’s Business Law

By | March 2nd, 2026|Uncategorized|Comments Off on Delaware High Court Upholds Elon Musk-Led Overhaul of State’s Business Law

The Delaware Supreme Court upheld the constitutionality of an overhaul of state law that governs most major US corporations and was fueled by Elon Musk, handing a win to company founders, insiders and private equity owners who sought less restrictive …

3 03, 2026

Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens

By | March 3rd, 2026|Uncategorized|Comments Off on Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens

As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …