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Archive: June 2026

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 …
Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions
Insurance Journal | June 30, 2026
Arthur J. Gallagher & Co. Acquires Cincinnati Benefit Solutions
Arthur J. Gallagher & Co. announced the acquisition of Ohio-based Cincinnati Benefit Solutions. Terms of the transaction were not disclosed. Cincinnati Benefit Solutions provides employee benefits services for small businesses in Cincinnati and nearby areas. Drew Locaputo and the Cincinnati …
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
Insurance Journal | June 30, 2026
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offered a view from inside the industry, shaped by more than three decades in the …
DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports
Insurance Journal | June 30, 2026
DOJ Closes Criminal Probe Into Abbott Over Baby Formula Plant, WSJ Reports
The U.S. Justice Department closed a criminal probe into Abbott Laboratories over its handling of a baby formula plant linked to potentially deadly bacteria and infant deaths, opting instead for civil penalties, the Wall Street Journal reported on Sunday. Reuters …
Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules
Insurance Journal | June 30, 2026
Proxy Advisers Notch Third Legal Win Staving Off Republican ‘Anti-ESG’ Rules
A federal judge late on June 26 granted a preliminary injunction blocking an Indiana law requiring new disclosures from proxy advisers, marking a third legal victory for Institutional Shareholder Services and Glass Lewis against restrictions backed by Republican lawmakers. The …
AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed
Insurance Journal | June 30, 2026
AssuranceAmerica Suffers Third-Party Data Breach, Customer Data Exposed
About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March …
Texas Supreme Court Rejects Lawsuit by Survivors of Uvalde School Shooting
Insurance Journal | June 29, 2026
Texas Supreme Court Rejects Lawsuit by Survivors of Uvalde School Shooting
The Texas Supreme Court on Friday rejected an appeal by Robb Elementary students and teachers who argued failures by the Department of Public Safety and Uvalde County contributed to a botched response to the 2022 shooting that killed 19 students …
ANV Agrees to Acquire Specialist MGA Assured Underwriting Group
Insurance Journal | June 29, 2026
ANV Agrees to Acquire Specialist MGA Assured Underwriting Group
ANV Group Holdings Ltd., a global insurance intermediary platform, announced it has entered into a definitive agreement to acquire Assured Underwriting Group Ltd. (AUG), a specialist MGA providing insurance-backed financial protection products to tour operators and the travel sector across …