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Tag: insurance-journal

Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse
Insurance Journal | April 9, 2026
Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse
The state of Maryland has reached a settlement in principle with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving a portion of the state’s claims arising from the cargo ship’s …
Jacksonville Contractor Charged With Underreporting Payroll by $2 Million
Insurance Journal | April 9, 2026
Jacksonville Contractor Charged With Underreporting Payroll by $2 Million
Florida authorities have charged a Jacksonville contractor with underreporting payroll by almost $2 million and stiffing his workers’ compensation insurer for almost $300,000 in premiums. Carlos Antonio Maradiago Garcia, 50, a native of Honduras, was investigated by the Florida Department …
LexisNexis: Synthetic Identity Fraud Rises Significantly in 2025
Insurance Journal | April 9, 2026
LexisNexis: Synthetic Identity Fraud Rises Significantly in 2025
A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise. According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic …
Elon Musk Must Face Class Action Over Late Disclosure of Twitter Stake, Judge Rules
Insurance Journal | April 1, 2026
Elon Musk Must Face Class Action Over Late Disclosure of Twitter Stake, Judge Rules
A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision …
Public Adjuster Accused of Swiping $600,000 in Hurricane Ian Insurance Payments
Insurance Journal | April 1, 2026
Public Adjuster Accused of Swiping $600,000 in Hurricane Ian Insurance Payments
A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46, of All Elements Public Adjusters in …
Man Who Crashed Into Michigan Synagogue Was Inspired Hezbollah: FBI
Insurance Journal | April 1, 2026
Man Who Crashed Into Michigan Synagogue Was Inspired Hezbollah: FBI
An armed man who crashed his pickup truck into a major Detroit-area synagogue earlier in March was inspired by the Iran-backed militant group Hezbollah and had sought to inflict as much damage as he could on Jewish people, the FBI …
AM Best Downgrades Credit Ratings of Cities and Villages Mutual
Insurance Journal | April 1, 2026
AM Best Downgrades Credit Ratings of Cities and Villages Mutual
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Cities and Villages Mutual Insurance Company based in Wauwatosa, Wisconsin. …
Giuliani Fails to Get $10 Million Sexual Harassment Suit in New York Dismissed
Insurance Journal | April 1, 2026
Giuliani Fails to Get $10 Million Sexual Harassment Suit in New York Dismissed
A New York judge has ruled that former New York Mayor Rudy Giuliani must face a $10 million lawsuit accusing him of sexual assault, sexual harassment, and wage theft. Judge Nicholas Moyne, of the state Supreme Court for New York …
Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says
Insurance Journal | April 1, 2026
Iranian Missile Hit Oil Tanker in Qatari Waters, Qatar Says
An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defense ministry said. Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit …
Trump Says Iran Ceasefire Only Possible When Hormuz Reopens
Insurance Journal | April 1, 2026
Trump Says Iran Ceasefire Only Possible When Hormuz Reopens
US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war.Iran’s “New Regime President” has asked the US …