News Archives - Insurance Journal

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30 06, 2026

AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed

By | June 30th, 2026|Uncategorized|Comments Off on AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed

About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March …

30 06, 2026

Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules

By | June 30th, 2026|Uncategorized|Comments Off on Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules

A federal judge late on June 26 granted a preliminary injunction blocking an Indiana law requiring new disclosures from proxy advisers, marking a third legal victory for Institutional Shareholder Services and Glass Lewis against restrictions backed by Republican lawmakers. The …

30 06, 2026

DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports

By | June 30th, 2026|Uncategorized|Comments Off on DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports

The U.S. Justice Department closed a criminal probe into Abbott Laboratories over its handling of a baby formula plant linked to potentially deadly bacteria and infant deaths, opting instead for civil penalties, the Wall Street Journal reported on Sunday. Reuters …

30 06, 2026

Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions

By | June 30th, 2026|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions

Arthur J. Gallagher & Co. announced the acquisition of Ohio-based Cincinnati Benefit Solutions. Terms of the transaction were not disclosed. Cincinnati Benefit Solutions provides employee benefits services for small businesses in Cincinnati and nearby areas. Drew Locaputo and the Cincinnati …

30 06, 2026

Texas Reaches $34M Settlement With AstraZeneca for Illegal Kickback Scheme

By | June 30th, 2026|Uncategorized|Comments Off on Texas Reaches $34M Settlement With AstraZeneca for Illegal Kickback Scheme

Texas Attorney General Ken Paxton secured a settlement with AstraZeneca Pharmaceuticals to resolve claims that the company engaged in an illegal kickback scheme that improperly influenced prescriptions paid for by Texas Medicaid. Under the settlement, the company will pay $33,998,000.00 …

30 06, 2026

Iran Ratchets Up Talk of Controlling Hormuz Before New Talks

By | June 30th, 2026|Uncategorized|Comments Off on Iran Ratchets Up Talk of Controlling Hormuz Before New Talks

Iran reiterated its determination to control maritime traffic through the Strait of Hormuz, raising the stakes ahead of fresh talks in Qatar on formally ending its war with the US. Speaking to state television, Deputy Foreign Minister Kazem Gharibabadi said …

30 06, 2026

Apple iPhone 18 Pro Supplier List, Parts and Photos Exposed in Tata Data Leak

By | June 30th, 2026|Uncategorized|Comments Off on Apple iPhone 18 Pro Supplier List, Parts and Photos Exposed in Tata Data Leak

Sensitive lists of components and suppliers, and photos of Apple’s upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm’s Indian supplier Tata Electronics, according …

30 06, 2026

It’s a Sweltering Summer. Can We Finally Wear Shorts to Work?

By | June 30th, 2026|Uncategorized|Comments Off on It’s a Sweltering Summer. Can We Finally Wear Shorts to Work?

Last week, as temperatures in Europe soared and France recorded its highest-ever average temperature, Bloomberg conducted a poll of its clients — including traders, portfolio managers and strategists. The question was simple, but important: Is it ever appropriate to wear …

30 06, 2026

Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test

By | June 30th, 2026|Uncategorized|Comments Off on Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test

Hyperscale data center campuses represent the latest growth opportunity for the global re/insurance industry. Annual investment in these specialized facilities will likely surpass $300 billion by 2027 and the total insurable asset base for the roughly 11,000 data centers currently …

30 06, 2026

Amazon Sued by Australian Consumer Watchdog Over Prime Video Ads

By | June 30th, 2026|Uncategorized|Comments Off on Amazon Sued by Australian Consumer Watchdog Over Prime Video Ads

Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has …