A man from Detroit, Michigan was sentenced last week for his role in a multi-state, million-dollar unemployment insurance fraud scheme aimed at defrauding the U.S. government and the states of Michigan, Pennsylvania, and Maryland, of funds earmarked for unemployment assistance …
Michigan Man Sentenced in Million-Dollar Unemployment Insurance Fraud Scheme Read More »
Inszone Insurance Services announced the acquisition of Kouri & Associates Inc., a Sioux Falls-based agency with a legacy dating back to 1970. This latest acquisition strengthens Inszone’s footprint in the Midwest and ensures Kouri & Associates’ clients gain access to …
Inszone Acquires South Dakota’s Kouri & Associates Read More »
Higginbotham announced an association with Program Insurance Group of Georgetown, Texas — also known as the home of EZ CERT, a nationally-deployed insurance certificate tracking service for franchisors and franchisees. Through the association, Higginbotham will acquire EZ CERT. EZ CERT …
Higginbotham Acquires EZ CERT from Program Insurance Group Read More »
A new study disputes a long-held fear that climate change will lead to a quick, total collapse of the Atlantic Meridional Overturning Circulation (AMOC), the ocean current that brings warmth to northwestern Europe. Scientists from the UK’s Met Office and …
Europe’s Warming Ocean Current ‘Unlikely’ to Collapse This Century Read More »
Insurtech Lemonade reported a fourth quarter 2024 net loss of about $30 million and a loss for the year of about $202.2 million. Results were in comparison to a net loss of $42.4 million for the fourth quarter 2023 and …
Lemonade CEO Declares ‘Best Quarter Ever,’ Posts Narrowed Q4 Loss of $30M Read More »
In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the danger that wildfire poses to homes in the Los Angeles area. But that didn’t necessarily help thousands of homeowners correctly …
Fire Danger in LA Is All Around, But Signals to Residents Are Mixed Read More »
A Mississippi city dropped its lawsuit Monday against a newspaper that had its editorial criticizing local leaders removed by a judge in a case that sparked widespread outrage from First Amendment advocates. The city of Clarksdale’s board of commissioners sought …
Mississippi City Drops Lawsuit Over Editorial That Judge Had Ordered Removed Read More »
New York this year could become the 50th U.S. state to accept title insurance, after Gov. Kathy Hochul quietly submitted a single paragraph in her 2026 budget amendments last week. The proposed change “adds a provision stating the attorney general …
Title Insurance Could Finally Come to New York Under Governor’s Budget Amendment Read More »
Last week the Federal Court fined Australia’s biggest superannuation company, AustralianSuper, A$27 million for overcharging customers. The company had breached its legal obligations under the Superannuation Industry (Supervision) Act 1993 by failing to identify and merge the duplicate accounts of …
Warnings, Fines Fail to Stop Insurers and Banks From Overcharging Australian Clients Read More »
Bank of America Corp. is rolling back workplace representation targets and replacing references to diversity, joining peers in citing legal changes under the Trump administration. The bank will no longer have “aspirational” goals for diversity and inclusion, which were referenced …
Bank of America Scraps Diversity Goals in Latest Wall Street DEI Retreat Read More »
