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News Archives - Insurance Journal

US opens probe into start-up Avride self-driving crashes in Texas
The National Highway Traffic Safety Administration said Friday it is opening an investigation in a series of crashes of start-up Avride autonomous vehicles that raised questions about the competency of the vehicles. NHTSA said the vehicles’ performance may indicate inappropriate …

POSTED MAY 08, 2026 3:59 PM
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less
Florida’s governor has signed House Bill 803 into law, dropping building permit requirements for construction work valued at $7,500 or less. The law takes effect July 1. “A local government that issues building permits shall exempt an owner of a …

POSTED MAY 08, 2026 3:43 PM
Strait of Hormuz Transits Halted Since Tuesday as US, Iran Clash
The Strait of Hormuz remains effectively closed to commercial shipping after the US and Iran clashed overnight near the waterway, attacking each other’s assets in the area. US forces targeted missile and drone launch sites and other military assets in …

POSTED MAY 08, 2026 3:09 PM
Nissan Cancels Plan to Build Electric SUVs at Mississippi Plant
Nissan Motor Co. is canceling plans to make a pair of fully electric SUVs at a factory in the US, citing waning demand among American consumers for all-electric vehicles. The decision, which was relayed Thursday to dealers and parts suppliers …

POSTED MAY 08, 2026 2:59 PM
In Florida Court, Sackler Family Member Admits Felony Tied to Her Opioid Addiction
As the Sackler family worked through a plan to pay $6.5 billion to resolve their liability over Purdue Pharma LP’s production of addictive opioids, the epidemic hit even closer to home. Joss Sackler, the wife of former Purdue board member …

POSTED MAY 08, 2026 2:54 PM
Florida Contractors Sentenced in Decade-Long Scheme to Avoid Taxes, Workers’ Comp
Two Orlando contractors have been sentenced to at least two years in federal prison after orchestrating a decade-long scheme to pay workers off the books and avoid taxes and workers’ compensation insurance premium payments. Rene Maricio Escobar, 55, and Juana …

POSTED MAY 08, 2026 2:36 PM
Multiple Colleges Hit by Disruptions After Canvas Service Hack
Hackers briefly took down an online portal used by thousands of colleges around the world this month, disrupting services at institutions from Harvard to Princeton. Instructure Inc., which runs the Canvas service used by students to take tests and get …

POSTED MAY 08, 2026 2:35 PM
FEMA Council Backs Overhaul of Disaster Response
President Donald Trump’s task force for reforming the Federal Emergency Management Agency on Thursday recommended sweeping changes to how the federal government responds to natural disasters. The recommendations, finalized at a council meeting in Washington, include reassessing FEMA staffing, rethinking …

POSTED MAY 08, 2026 2:23 PM
US Expects Iranian Response to Peace Proposal on Friday as Fighting Flares Up in Gulf
The United States said it expected an Iranian response as soon as later in the day on Friday to its latest proposal to end the war in the Gulf, even as U.S. and Iranian forces clashed in the Gulf and …

POSTED MAY 08, 2026 2:03 PM
Lloyd’s Executives Debate Release of Findings Into Probe of Ex-CEO Neal: FT
Lloyd’s executives are debating how much information to release about the findings of a probe into former Chief Executive John Neal and his relationship with a woman who was promoted to a senior role during his tenure, according to a …

POSTED MAY 08, 2026 1:09 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Owen & Associates, LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.


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