News Center
News Archives - Insurance Journal
China Evergrande’s Liquidation Prompts Some PwC Partners to Weigh Shielding Assets
The liquidation of China Evergrande Group, the collapsed property developer, is raising concerns among some partners at its former auditor PricewaterhouseCoopers China about the potential impact on their own finances. Several partners at PwC’s Hong Kong and mainland China affiliates …
POSTED JUNE 11, 2026 11:54 AM |
Indian-Crewed Tanker Hit off Oman in Suspected Third US Strike This Week
India’s shipping ministry said all 20 Indian crew members were safe after a suspected U.S. strike on the asphalt tanker Jalveer off Oman on Thursday following two similar strikes involving Indian crews in the region this week. Three Indian sailors …
POSTED JUNE 11, 2026 11:25 AM |
Ben & Jerry’s Co-Founder Says Brand Being ‘Destroyed’ by Magnum
The co-founder of Ben & Jerry’s said the ice cream brand’s new owner is in the “process of destroying” the Cherry Garcia maker’s future by stopping it from criticizing US President Donald Trump. Ben Cohen, who started the brand in …
POSTED JUNE 11, 2026 11:25 AM |
USDOT Rescinds ‘Disparate Impact’ Civil Rights Regulation
The U.S. Transportation Department said Wednesday it is rescinding part of its long-standing civil rights regulations that prohibit conduct that has an unintended “disparate” impact. In April 2025, President Donald Trump ordered federal agencies not to enforce laws that prohibit …
POSTED JUNE 11, 2026 6:00 AM |
People Moves: Andersen to Lead Nationwide Agribusiness Distribution; Ascot Names Eppers Group Chief Investment Officer; Baron Joins Zurich as US Head of Energy
Andersen named leader of Nationwide Agribusiness Distribution and Underwriting Nationwide named Nick Andersen as the new leader of agribusiness distribution and underwriting, following Dirk Pollitt’s retirement. Effective July 1, Andersen will lead Nationwide’s farm, ranch and commercial agribusiness sales and …
POSTED JUNE 11, 2026 5:40 AM |
US Derivatives Regulator Maps Out Rules for Soaring Prediction Market Industry
The top U.S. derivatives regulator on Wednesday released new draft regulations governing the burgeoning prediction markets industry, seeking to cement federal oversight over companies that have shot to the forefront of politics and sports betting while presenting new possible avenues …
POSTED JUNE 11, 2026 5:13 AM |
Google and Meta Denied New Trial in Youth Social Media Addiction Case
A state court judge has denied motions by Meta Platforms and Google’s YouTube seeking a new trial after a jury found the companies liable for designing social media platforms that are harmful to young people. Los Angeles Superior Court Judge …
POSTED JUNE 11, 2026 5:05 AM |
Viewpoint: Insurers Seek to Navigate Cost of Capital Hurdles to Better Fund Their Futures
It was an eventful first quarter, with the Iran conflict co-mingling with market concerns over the private credit exposures held by both European banks and insurers. Unsurprisingly, debt issuance has been affected, with March and much of April seeing a …
POSTED JUNE 11, 2026 5:05 AM |
Eli Lilly Wins Court Order in Fraud Allegations Against Florida, TN Pharmacy Groups
Eli Lilly, one of the world’s largest pharmaceutical makers, has won a federal court order against leaders of a Tennessee church and Florida and Tennessee-based pharmacy groups, after the drugmaker said the participants had crafted a years-long scheme that bilked …
POSTED JUNE 11, 2026 5:01 AM |
xAI Accused of Illegally Firing California Engineer Who Raised Safety Concerns
A former engineer at Elon Musk’s xAI in California 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 …
POSTED JUNE 11, 2026 5:00 AM |
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 FTS Life Insurance Agency, Inc. 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.
|