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News Archives - Insurance Journal

Oklahoma Insurance Producer Has License Revoked Following Investigation
The Oklahoma Insurance Department (OID) announced it has fined and revoked the license of Leslie Clark, a resident insurance producer from Stigler, Oklahoma, following an investigation led by its Anti-Fraud Unit. On Feb. 11, 2026, a show-cause hearing was held …

POSTED MARCH 20, 2026 4:29 PM
Texas Takes Over Permitting for Carbon Storage Projects
The Texas Railroad Commission spent two years working to secure the authority to issue the permits energy companies need to inject and store carbon dioxide underground, a power previously held by the federal government. Last November, the Environmental Protection Agency …

POSTED MARCH 20, 2026 4:23 PM
Inszone Acquires Ohio Valley Insurance
Inszone Insurance Services, a provider of commercial, personal, and benefits insurance solutions, is pleased to announce its expansion in the Midwest through the acquisition of Ohio Valley Insurance, an established independent insurance agency with deep roots in agricultural and crop …

POSTED MARCH 20, 2026 4:19 PM
People Moves: Liberty Mutual Names Hobbs President of Underwriting, GRS
Liberty Mutual Insurance, headquartered in Boston, Massachusetts, named Phil Hobbs, currently president, Liberty International Insurance, as president of underwriting, Global Risk Solutions (GRS), effective April 1. Hobbs, who is based in London, will report directly to GRS President Matthew Moore …

POSTED MARCH 20, 2026 4:18 PM
FirstEnergy Execs Face Corruption Trial in Bribery Scheme
Jurors in Akron began deliberating this week in the corruption trial of two fired FirstEnergy Corp. executives charged for their alleged roles in a sweeping $60 million bribery scheme that resulted in a lucrative bailout of two affiliated nuclear plants. …

POSTED MARCH 20, 2026 4:15 PM
Rapper Wins Defamation Lawsuit Against Ohio Deputies Over Music Videos
The Grammy-nominated rapper Afroman won a defamation lawsuit filed by seven Ohio sheriff’s deputies who sued him over music videos in which he used home security footage to mock their raid of his home. “We did it, America! Yeah, we …

POSTED MARCH 20, 2026 4:10 PM
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance
Insurance industry trade associations are applauding a decision to change the homeowners insurance required by Fannie Mae and Freddie Mac, which the trades said will lower costs for homeowners and buyers. The Federal Housing Finance Agency this week announced the …

POSTED MARCH 20, 2026 3:41 PM
Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows
Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping …

POSTED MARCH 20, 2026 3:35 PM
Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back debt linked to the transfer of Brazilian star Igor Jesus, putting yet more scrutiny on the team’s finances and ownership structure. A subsidiary of …

POSTED MARCH 20, 2026 3:19 PM
Decades After Canal Project Was Abandoned, Advocates Trying to Link 3 Rivers
It was supposed to be Florida’s version of the Panama Canal — a shortcut for boats to pass through the middle of the state from the Atlantic Ocean to the Gulf instead of navigating around the peninsula. But work on …

POSTED MARCH 20, 2026 2:37 PM

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