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A South Korean regulator fined the country’s largest e-commerce platform, owned by US-listed Coupang Inc., a record 624.7 billion won ($409 million) for a wide-ranging cyber-intrusion that escalated into a diplomatic tiff with the US. The Personal Information Protection Commission’s …

Distinguished Programs, a national managing general agent (MGA) and insurance program manager, has expanded into the reinsurance market with the addition of Distinguished Reinsurance. The new platform has launched with its first group focused on property reinsurance, led by Frank …

A coalition of civil rights groups on Tuesday asked a state judge to order one of New York’s largest suburban counties to stop its deployment of nearly 600 license plate readers, calling it a warrantless and “indiscriminate surveillance system” that …

California medical providers and their medical director have agreed to pay $3.3 million to settle allegations they submitted claims to healthcare programs and commercial insurers for services that weren’t provided or supervised. San Francisco-based Circle Medical Care of California, Circle …

A Hawaii man was sentenced for filing claims with the Federal Emergency Management Agency seeking disaster relief related to the Lahaina and Pacific Palisades wildfires. Daylyn Harris, 35, of Honolulu, was sentenced to 24 months in prison, followed by five …

Nebraska Attorney General Hilgers announced a $4.87 million multistate settlement with GS Labs that resolves claims that the testing company overcharged patients, unlawfully charged administrative fees, and failed to deliver timely COVID-19 test results. The multistate coalition investigated a number …

Union Bay Acquisition, an aggregator of insurance agencies, has acquired the assets of Arlington Agency, Inc., based in Livonia, Michigan. Terms were not disclosed. This is Union Bay’s eighteenth acquisition, and fifth in the state of Michigan. Arlington Agency offers …

When Elon Musk kicked off Tesla Inc.‘s quarterly earnings call in July 2025, robotaxis were top of mind. The carmaker had just launched its automated ride-hailing service several weeks earlier in Austin, to glowing early reviews from the hand-picked crop …

Corpus Christi’s impending water crisis — and delayed action by city leaders — has become an issue in the race for Texas governor, with Gov. Greg Abbott threatening a state takeover of the city and his Democratic opponent, Gina Hinojosa, …

This edition of International People Moves details appointments at Willis Re and Aon’s Reinsurance Solutions business. A summary of these new hires follows here. Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda Willis Re, an international …

Westfield Specialty Launches New UK/Europe Liability Portfolio, Hiring 2 Execs From Everest Westfield Specialty International has expanded its casualty offering by launching a new UK and Europe liability portfolio, appointing Keith Knight, class underwriter, and Andy Skinner, deputy class underwriter, …

Berkshire Hathaway GUARD Insurance Companies announced the launch of a contractors general liability and inland marine solution, expanding its small commercial product suite to meet the needs of artisan contractors. The new offering through AmGUARD Insurance Company is initially available …

Lockton, the privately held, independent insurance brokerage, reported strong financial results for fiscal year 2026, with global revenues increasing 12% year over year to approximately $4.5 billion, with organic growth of 11%. This performance marks Lockton’s sixth consecutive year of …

Ford is recalling 548,463 vehicles in the United States over an issue with the center console, the U.S. National Highway Traffic Safety Administration said on Thursday. The issue relates to the console’s chrome plating, which may bubble and peel over …

U.S. commercial insurance rates increased 2.5% in the first quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “The first quarter results reflect a continuation of the moderating pricing environment observed over recent quarters,” said Yi …

The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple Wall Street banks that collapsed in February. The Financial Reporting Council has opened investigations into Magus Chartered Accountants and two …

Robbie Moore, a longtime agent and partner with Legacy Risk Solutions in Augusta, Georgia, has been sworn in as the new president of the Independent Insurance Agents of Georgia. He takes over from Jarrett Bridges, who is with the Higginbotham …

President Donald Trump said on Thursday the United States would hit Iran “very hard tonight” and wanted at some point to take Iran’s oil infrastructure hub Kharg Island, after strikes by both sides in the Gulf undermined a shaky ceasefire. …

A unanimous New Jersey Supreme Court ruled on June 10 that a federally qualified nonprofit health center that provides healthcare to underserved populations is not entitled to immunity from a patient’s negligence suit under the state’s Charitable Immunity Act (CIA) …

Two congressional Republicans from Georgia have introduced impeachment resolutions against a federal judge in Atlanta who was disciplined after an investigation found she had sex with a police officer in her chambers, attended a partisan political event and lied to …