News Center
News Archives - Insurance Journal
Bill to Curb Staged Accidents Introduced in Senate
The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley Moody on July 22 introduced the Staged Accident Fraud Prevention Act. About a year ago, Representatives Mike Collins and Brandon …
POSTED JULY 27, 2026 3:20 PM |
People: Bowie Named CEO of Praxis Reciprocal Exchange
Tampa-based Praxis Reciprocal Exchange, approved to do business in Florida in September 2025, has named Ross Bowie chief executive officer, the company announced. Bowie comes to Praxis after two years as president, chief risk officer, then CEO of Private Client …
POSTED JULY 27, 2026 1:35 PM |
Fire Aboard Floating Restaurant on New Hampshire Lake Under Investigation
New Hampshire officials ere investigating a fire on board The Dive, a floating bar and restaurant on Lake Winnipesaukee. The State Police Marine Patrol received reports of a fire on board The Dive, a floating bar and restaurant, which was …
POSTED JULY 27, 2026 1:25 PM |
Jury Awards 78-Year Old Victim $56 Million for Crash Caused by Amazon Delivery Driver
A Massachusetts jury has awarded $56 million to a 78-year old man who suffered catastrophic physical and brain injuries after his car was hit by an Amazon delivery van in 2024. In addition to the amount of the award, the …
POSTED JULY 27, 2026 12:48 PM |
France Finance Minister Warns of Economic Shock for Region Hit by Fires
French Finance Minister Roland Lescure said wildfires in the southwest are a major economic setback for the region as businesses and tourists were forced to evacuate. “Everyone is fully mobilized in response to the ecological and social disaster,” Lescure said …
POSTED JULY 27, 2026 12:23 PM |
French Fire Burns Near Bordeaux as Spain Fights Blazes
French and Spanish firefighters preparing to battle wildfires for a sixth consecutive day face worsening weather conditions as temperatures are forecast to rise further. With more than 300,000 people evacuated across the two countries through the weekend, a French official …
POSTED JULY 27, 2026 12:07 PM |
Viewpoint: Research Shows Australia Is Vulnerable to Attacks on Indian Ocean Shipping
The closure of the Strait of Hormuz in the US-Iran war has brought home how vital maritime trading routes are to a country like Australia, which conducts 99% of its global trade by sea. Protecting Australia’s supply of critical goods …
POSTED JULY 27, 2026 11:53 AM |
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers
For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of population growth along coastal areas and rising property values are forcing them to rethink that assumption. Marked by warmer-than-average sea …
POSTED JULY 27, 2026 10:32 AM |
Trump’s New Tariffs Prompt Lawsuit From Small Businesses
The Trump administration is facing a fresh legal challenge to the president’s latest round of global tariffs that took effect Friday. Small businesses filed a pair of lawsuits in the US Court of International Trade accusing President Donald Trump and …
POSTED JULY 27, 2026 5:16 AM |
Abbott Defeats Shareholder Lawsuit Over 2022 Infant Formula Recall
A federal judge on July 24 dismissed a lawsuit accusing Abbott Laboratories of defrauding shareholders by downplaying and trying to evade its responsibility for a 2022 recall of powdered infant formula, and lying about its commitment to quality and product …
POSTED JULY 27, 2026 5:09 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.
|