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News Archives - Insurance Journal

Reinsurance Rates Continued Softening During April Renewals, Despite Iran War
Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with no structural disruption, disciplined capacity and cedent-friendly pricing outcomes, …

POSTED APRIL 02, 2026 4:19 PM
Toymaker Hasbro Reports Cybersecurity Incident
Pawtucket, Rhode Island-based toymaker Hasbro, Inc. reported it is investigating a cybersecurity incident after identifying unauthorized access to its network on March 28. The company said it has taken certain systems offline and launched an investigation with the assistance of …

POSTED APRIL 02, 2026 4:04 PM
Mississippi Lawmakers Revive Wind-Mitigation Program with $15,000 Grants
Mississippi will soon become the latest state to provide wind-mitigation grants for homeowners if the governor signs bills approved by lawmakers this week. Senate Bill 2049 revives a 20-year-old retrofit plan and creates the Strengthen Mississippi Homes Program, providing grants …

POSTED APRIL 02, 2026 3:57 PM
Georgia Boards Owe $3M to Military Spouses With Out-of-State Licenses
The state of Georgia must pay some 5,000 military service members and their spouses a total of $3 million to settle charges that state boards failed to recognize out-of-state professional licenses. The U.S. Department of Justice announced this week that …

POSTED APRIL 02, 2026 2:49 PM
US Exempts Gulf of Mexico Drillers From Endangered Species Rules
A committee of senior officials in President Donald Trump’s administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles. The decision, …

POSTED APRIL 02, 2026 2:32 PM
Kroger Houston Division Faces Lawsuit for Disability Discrimination
Kroger Texas L.P. – Houston Division, operator of Kroger grocery store #300 in Houston’s Clear Lake/NASA area, violated federal employment law when it failed to accommodate and then fired an employee because of her disability, the U.S. Equal Employment Opportunity …

POSTED APRIL 02, 2026 2:28 PM
Texas Woman Loses Wrongful Arrest Lawsuit in Controversial Abortion Case
A Trump-appointed federal judge in South Texas this week dismissed a lawsuit filed by a woman in the Rio Grande Valley who alleged that her rights were violated after prosecutors charged her with murder in a controversial case that made …

POSTED APRIL 02, 2026 2:20 PM
Tugboat Captain Charged in Crash That Killed 3 Girls from Miami Sailing Camp
A tugboat captain has been charged in a deadly Miami collision in July that killed three girls from a sailing camp, federal prosecutors said Tuesday. Yusiel Lopez Insua, 46, of Miami, faces a charge of seaman’s manslaughter in the crash, …

POSTED APRIL 02, 2026 1:57 PM
Fleet Lender Pays $1.64M to California to Settle False Claims Allegations
A commercial fleet lender is paying $1.64 million to settle allegations it made false claims to take advantage of a loan loss insurance program. California Attorney General Rob Bonta settled with Crossroads Equipment Lease and Finance over alleged false claims …

POSTED APRIL 02, 2026 1:54 PM
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme
Federal law enforcement officials report they arrested Zhan Petrosyants, charging him with operating an extensive no-fault automobile insurance fraud scheme that involved submitting tens of millions of dollars in fraudulent medical claims and laundering the proceeds. Petrosyants, 44, also known …

POSTED APRIL 02, 2026 1:50 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Owen & Associates, LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.


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