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Washington’s insurance commissioner issued more than $500,000 in fines for insurance law violations, including $250,000 against an unlicensed insurer and $30,000 for illegal pet insurance sales. Between January and April, Washington Insurance Commissioner Patty Kuderer issued $510,500 in fines for …

Golden Bear Insurance Company hired Greg Hohman as chief underwriting officer. Hohman has experience in the excess and surplus lines sector, most recently serving as chief underwriting officer at Munich Re Specialty Insurance. Previous roles include head of domestic casualty …

State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an interim deal …

Overnight parking for long-haul truckers at interstate rest stops is critically short and was a key contributor to a 2023 Greyhound bus crash in Illinois that killed three people, federal regulators said Tuesday. The National Transportation Safety Board said driver …

Corner Bar, which operates on South Lamar Boulevard in Austin, Texas, will pay $42,000 and provide other equitable relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The lawsuit …

First MainStreet Insurance (FMSI), a division of TrueNorth Companies, announced the continued expansion of its platform with two new strategic partnerships and a notable merger, marking a dynamic start to 2025. Effective May 1, 2025, FMSI has partnered with Rentz …

Construction insurance Services (CIS), an MGA/MGU based in Dallas focused on the construction industry in all 50 states, announced a promotion and addition to its leadership team. CIS is a subsidiary of the Curley Financial Group based in Dallas. Hector …

The European Commission set out plans on Wednesday to remove barriers to business within the European Union as part of a push to boost competitiveness and counteract the impact of U.S. tariffs. The International Monetary Fund has estimated that internal …

The Progressive Corp. published a statement that the company mourned the loss of its former chief executive officer and chairman, Glenn Renwick. According to the statement, Renwick passed away on Friday, May 16 at the age of 69. “Glenn’s contributions …

A software company that handles sensitive data for nearly every US federal agency was the victim of a cyber breach earlier this year due to a “major lapse” in security measures, according to documents reviewed by Bloomberg News. Opexus, which …

Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Acrisure said the company’s valuation stands at $32 billion—a nearly 40% increase …

World Insurance Associates Names Youshock Head of Personal Lines World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Michelle Youshock head of personal lines, replacing Jim Hickey, who is taking over carrier consolidation efforts. Youshock, based in Las Vegas, …

U.S. health officials are investigating a new outbreak of salmonella illnesses tied to a Florida grower whose tainted cucumbers were linked to more than 550 illnesses last year. Cucumbers grown by Florida-based Bedner Growers and distributed by Fresh Start Produce …

Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by …

DoorDash said it is expanding its benefits savings program with a new pilot in Maryland for eligible drivers. Expenses covered under this program can include retirement savings, health, dental, and vision insurance, and paid time off. DoorDash said similar pilot …

Chevron’s Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore oil platform on Tuesday. Seventeen people were injured, four seriously, when the fire started around …

Amazon.com Inc.’s Zoox is expanding testing of its autonomous driving technology to Atlanta, moving in on a market where Alphabet Inc.’s Waymo is expanding with Uber Technologies Inc. Zoox has already deployed a small number of test vehicles in the …

A hacker who breached the communications service used by former Trump national security adviser Mike Waltz earlier this month intercepted messages from a broader swathe of American officials than has previously been reported, according to a Reuters review, potentially raising …

A federal judge on Monday rejected Vanguard Group’s $40 million settlement with investors who claimed the mutual fund giant stuck them with inflated tax bills in its popular target-date funds. U.S. District Judge John Murphy in Philadelphia said the proposed …

US aviation safety regulators will allow fewer flights at Newark airport after technology outages and a staffing crunch fueled a surge in delays and cancellations in recent weeks. The US Federal Aviation Administration said it will permit a maximum of …