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Archive: June 2026

Postal Worker Stole Workers’ Compensation Checks Sent to Girlfriend’s Mother
Insurance Journal | June 30, 2026
Postal Worker Stole Workers’ Compensation Checks Sent to Girlfriend’s Mother
A U.S. Postal Service (USPS) employee has been sentenced on charges that he defrauded the New York workers’ compensation system of nearly $10,000 by stealing wage reimbursement checks intended for his then-girlfriend’s deceased mother. New York State Workers’ Compensation Fraud …
New Law Could Create List of Immigrants Illegally Living in Mississippi
Insurance Journal | June 30, 2026
New Law Could Create List of Immigrants Illegally Living in Mississippi
A new Mississippi law will authorize the state’s top law enforcement agency to compile a list of all immigrants illegally living in the state. What’s to be done with that information is a bit open-ended. But the law set to …
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio
Insurance Journal | June 30, 2026
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio
The U.S. cyber insurance market may be facing a time of transition as certain signs point to eventual adverse development. According to AM Best, the market’s loss ratio in 2025 increased for the second straight year to 53—the first time …
Supreme Court: Rastafari Can’t Sue Louisiana Prison Officials Who Cut Dreadlocks
Insurance Journal | June 30, 2026
Supreme Court: Rastafari Can’t Sue Louisiana Prison Officials Who Cut Dreadlocks
The Supreme Court barred a former Louisiana inmate from suing prison officials who cut off his dreadlocks in violation of his Rastafari religious beliefs. The justices condemned what happened to the former inmate, Damon Landor. But they ruled that a …
Amazon Sued by Australian Consumer Watchdog Over Prime Video Ads
Insurance Journal | June 30, 2026
Amazon Sued by Australian Consumer Watchdog Over Prime Video Ads
Amazon.com Inc. has been sued by Australia’s consumer watchdog for introducing advertising to its Prime Video streaming service and then forcing existing subscribers to pay more to avoid the ads. The Australian Competition & Consumer Commission said Tuesday it has …
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test
Insurance Journal | June 30, 2026
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test
Hyperscale data center campuses represent the latest growth opportunity for the global re/insurance industry. Annual investment in these specialized facilities will likely surpass $300 billion by 2027 and the total insurable asset base for the roughly 11,000 data centers currently …
It’s a Sweltering Summer. Can We Finally Wear Shorts to Work?
Insurance Journal | June 30, 2026
It’s a Sweltering Summer. Can We Finally Wear Shorts to Work?
Last week, as temperatures in Europe soared and France recorded its highest-ever average temperature, Bloomberg conducted a poll of its clients — including traders, portfolio managers and strategists. The question was simple, but important: Is it ever appropriate to wear …
Apple iPhone 18 Pro Supplier List, Parts and Photos Exposed in Tata Data Leak
Insurance Journal | June 30, 2026
Apple iPhone 18 Pro Supplier List, Parts and Photos Exposed in Tata Data Leak
Sensitive lists of components and suppliers, and photos of Apple’s upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm’s Indian supplier Tata Electronics, according …
Iran Ratchets Up Talk of Controlling Hormuz Before New Talks
Insurance Journal | June 30, 2026
Iran Ratchets Up Talk of Controlling Hormuz Before New Talks
Iran reiterated its determination to control maritime traffic through the Strait of Hormuz, raising the stakes ahead of fresh talks in Qatar on formally ending its war with the US. Speaking to state television, Deputy Foreign Minister Kazem Gharibabadi said …
Texas Reaches $34M Settlement With AstraZeneca for Illegal Kickback Scheme
Insurance Journal | June 30, 2026
Texas Reaches $34M Settlement With AstraZeneca for Illegal Kickback Scheme
Texas Attorney General Ken Paxton secured a settlement with AstraZeneca Pharmaceuticals to resolve claims that the company engaged in an illegal kickback scheme that improperly influenced prescriptions paid for by Texas Medicaid. Under the settlement, the company will pay $33,998,000.00 …