Specialty Program Group LLC (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Logistiq Insurance Solutions and the subsequent integration of Logistiq with Anova Marine Insurance, a firm acquired by Specialty Program Group in …
Specialty Program Group Integrates Anova Marine and Logistiq Insurance Solutions Read More »
Two asphalt companies have agreed to pay $30 million total to resolve False Claims Act allegations that they submitted fraudulent test results to the Ohio Department of Transportation (ODOT) for federally funded asphalt projects in Ohio. Specifically, Kokosing Materials, Inc. …
Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations Read More »
Searchers have discovered the wreck of a luxury steamer that sank in a Lake Michigan gale in the late 19th century, completing a quest that began almost 60 years ago. Shipwreck World, a group that works to locate shipwrecks around …
Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest Read More »
The Catholic Diocese of Camden, New Jersey and several holdout insurers have agreed to add $180 million to a trust fund to pay claims of survivors of sexual abuse by the church’s clergy. The $180 million is in addition to …
Camden Diocese’s Sex Abuse Claims Fund to Get $180 Million Boost Read More »
A coalition of health and environmental groups sued the Trump administration on Wednesday over its decision to revoke the scientific finding that forms the basis of U.S. climate regulations. The legal challenge filed in the U.S. Court of Appeals for …
Environmental Groups Challenge Decision to Revoke Basis of Climate Regulations Read More »
Florida regulators announced a crackdown on people selling vehicle insurance products without a license. Insurance Commissioner Michael Yaworsky this week ordered American Dream Auto Protect Inc., an auto warranty company, to cease operations because it did not have a license …
Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance Read More »
Specialty insurance platform Pinion Insurance announced its launch yesterday. The company will offer insurance capacity for managing general agents (MGAs) across the U.S., U.K. and European markets through a fully integrated innovative proprietary technology platform. Founded by an experienced management …
Pinion Insurance Launches With Up to $180 Million Commitment From Barings Read More »
Tesla Inc. will be allowed to continue selling electric vehicles in California uninterrupted after the company revised what the state had called misleading marketing of driver-assistance technology. The automaker has taken “corrective action” including ending the use of Autopilot branding …
Tesla Avoids California Sales Halt Over Autopilot Marketing Read More »
Investments in global insurtech rose 19.5% during 2025 to US$5.08 billion from US$4.25 billion in FY 2024, marking the first annual increase since 2021, according to Gallagher Re’s Q4 Global Insurtech Report. During the fourth quarter of 2025, global insurtech …
Global Insurtech Funding Surges on Record Re/Insurance Investments: Gallagher Re Read More »
North Mississippi senators pleaded for an improved disaster response from the state last week as thousands of their constituents still lacked power nearly three weeks after the January winter storm. Sen. Rita Potts Parks, a Republican from Corinth, repeatedly told …
‘We Failed Them:’ MS Senators Call for Improved Disaster Response After Storm Read More »
