News Center
News Archives - Insurance Journal
D&O Market Expected to Tighten Under Pressure, Says AM Best
Analysts at insurance rating firm AM Best said there are “warning signs” for the directors & offers liability market, leading to shrinking underwriting margins and a tighter environment for buyers in 2026. In a new report, AM Best said 2025 …
POSTED JUNE 08, 2026 2:49 PM |
Thai Consumer Watchdog to File Civil Suit Against Volvo Cars’ Thai Unit, Official Says
Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair and maintenance unit, Scandinavian Auto Co. Ltd, over battery-related fires in its EX30 model, Pradoemchai Bunchualuai, an adviser to …
POSTED JUNE 08, 2026 2:29 PM |
Miami Moves to Seize Part of Posh Island After Fuel Fight
Miami’s mayor is moving to forcibly acquire 10 acres of land on Fisher Island, one of the priciest ZIP codes in the US, from real estate developers who want to replace a maritime fuel facility with swanky new condominiums. The …
POSTED JUNE 08, 2026 2:09 PM |
Jury Awards $176M for Wrongful Deaths of Brothers Hit by California Socialite’s Car
A Los Angeles jury has awarded $176 million to the parents of two young brothers killed in a hit-and-run collision when a California socialite’s car struck them in a crosswalk nearly six years ago. The jury found both Rebecca Grossman …
POSTED JUNE 08, 2026 1:46 PM |
Mastercard, American Eagle Boost Pride Month Spending Despite Backlash
US companies are spending more on LGBTQ causes and Pride Month events this June, a notable turnaround after years of retreat and anti-DEI backlash. Mastercard Inc. is increasing spending, including paying for about 100 employees and executives to march in …
POSTED JUNE 08, 2026 1:31 PM |
Court Rejects NRA Ex-Leader LaPierre’s Appeal of NY’s $4.3M Judgment
A New York state appellate court has rejected Wayne LaPierre’s appeal of the monetary judgment and injunction levied against him after a state jury in 2024 found that he violated his fiduciary duties in his role as an officer of …
POSTED JUNE 08, 2026 1:30 PM |
UK’s Legal & General Says Energy Transition Is ‘Alive and Well’
Investors are underestimating the pace of the energy transition, putting both financial returns and climate goals at risk, according to Legal & General Group Plc. In a report published Monday, the UK insurer and asset manager warned against what it …
POSTED JUNE 08, 2026 12:43 PM |
People Moves: Maine Insurance Superintendent Carey Retires
Superintendent Robert Carey retired from the Maine Bureau of Insurance (BOI) on June 5, the Department of Professional and Financial Regulation announced. Deputy Superintendent Tim Schott has been named acting superintendent. Nominated by Governor Janet Mills as superintendent in 2024, …
POSTED JUNE 08, 2026 12:09 PM |
Trump Approves $700 Million in Bid to Revive Coal Industry
President Donald Trump said he would marshal hundreds of millions of US taxpayer dollars behind his bid to revitalize the coal industry in America, steering funds to build new power plants, sustain existing operations and construct an export terminal in …
POSTED JUNE 08, 2026 11:53 AM |
Houthis to Impose ‘Complete Ban’ on Israeli Ships in Red Sea
The Houthis, an Iran-backed militant group that controls much of Yemen, declared a ban on Israeli ships in the Red Sea, threatening a key bypass route to the Strait of Hormuz. “We declare a complete and total ban on Israeli …
POSTED JUNE 08, 2026 11:04 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.
|