News Archives - Insurance Journal

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16 06, 2026

People Moves: Lockton Appoints Lespérance as CEO of Canadian Business; Aon Taps Marsh’s Desmond as Head of Construction for UK Commercial Risk

By | June 16th, 2026|Uncategorized|Comments Off on People Moves: Lockton Appoints Lespérance as CEO of Canadian Business; Aon Taps Marsh’s Desmond as Head of Construction for UK Commercial Risk

This edition of International People Moves details appointments at the brokers Lockton and Aon. A summary of these new hires follows here. Lockton Appoints Lespérance as CEO of Canadian Business Lockton, the privately held independent insurance brokerage, announced the appointment …

16 06, 2026

Russian Warship Fires Warning Shots Near British Yacht

By | June 16th, 2026|Uncategorized|Comments Off on Russian Warship Fires Warning Shots Near British Yacht

The UK is investigating the firing of warning shots by a Russian warship near a British yacht just outside of its territorial waters. The UK received reports from a UK-registered yacht alleging Russia’s Admiral Grigorovich-class frigate fired the shots at …

15 06, 2026

Florida Tries to Block Rescue Pets from New Mexico and Texas as Screwworm Spreads

By | June 15th, 2026|Uncategorized|Comments Off on Florida Tries to Block Rescue Pets from New Mexico and Texas as Screwworm Spreads

The Florida Department of Agriculture and Consumer Services Pets has barred pets rescued from shelters in Texas and New Mexico in a beefed-up effort to stop the spread of the New World Screwworm pest that infests livestock. “We will respond …

15 06, 2026

Musk’s xAI Accused of Illegally Firing Engineer Who Raised Safety Concerns

By | June 15th, 2026|Uncategorized|Comments Off on Musk’s xAI Accused of Illegally Firing Engineer Who Raised Safety Concerns

A former engineer at Elon Musk’s xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity. Devin …

15 06, 2026

Missouri Sues Baby Monitor Manufacturer for Alleged Links to Chinese Military

By | June 15th, 2026|Uncategorized|Comments Off on Missouri Sues Baby Monitor Manufacturer for Alleged Links to Chinese Military

Missouri Attorney General Catherine Hanaway has filed a lawsuit against Lorex Corporation, a major seller of home cameras and baby monitors. The lawsuit alleges Lorex has concealed material ties to the Chinese military via its manufacturer, Dahua, putting families at …

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. …