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News Archives - Insurance Journal

Israel Intensifies Lebanon Strikes With Ceasefire in Doubt
Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict. The Israeli military said Wednesday it targeted more …

POSTED APRIL 09, 2026 6:55 AM
Paramount President Jeff Shell to Depart After Lawsuit Scandal
Jeff Shell is stepping down as president of Paramount Skydance Corp. following a contentious lawsuit by a high-stakes gambler who accused him of leaking inside information. Shell, who served as the No. 2 executive under Chief Executive Officer David Ellison, …

POSTED APRIL 09, 2026 6:04 AM
Hormuz Stays Blocked for Now as Hundreds of Ships Seek Exit
The Strait of Hormuz remained largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight. Just three ships were observed …

POSTED APRIL 09, 2026 5:48 AM
Shippers Rush for Hormuz Insurance After Truce Deal, Broker Says
Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the increased demand from the market also comes “a pronounced …

POSTED APRIL 09, 2026 5:24 AM
Anthropic Touts AI Cybersecurity Project With Big Tech Partners
Anthropic announced an initiative with major technology companies, including Amazon.com, Microsoft and Apple, that lets partners preview an advanced model with cybersecurity capabilities developed by the AI startup. Under its “Project Glasswing,” select organizations will be allowed to use the …

POSTED APRIL 09, 2026 5:15 AM
FDIC Lays Out Guidelines for Institutions Issuing Stablecoins
The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the financial system. …

POSTED APRIL 09, 2026 5:06 AM
SEC Enforcement Activity Drops Dramatically as Agency ‘Resets’
Enforcement cases brought by the U.S. Securities and Exchange Commission fell more than 20% in the latest fiscal year as the regulator “recentered” its enforcement program, the agency said April 7. The SEC brought 456 enforcement actions in the fiscal …

POSTED APRIL 09, 2026 5:02 AM
Gallagher Clarifies Non-Ownership of Florida Firm Guilty of Bogus ACA Sign-ups
Six weeks after leaders of scheme to sign up south Florida homeless people for Affordable Care Act policies were sentenced to years in prison, the companies involved have agreed to pay more than $135 million to resolve a federal investigation. …

POSTED APRIL 09, 2026 5:01 AM
Contractor Faces $4.6 Million in OSHA Fines After Fatal Trench Collapse
A Massachusetts water and sewer line construction contractor is facing $4,699,362 in proposed penalties for safety violations related to a trench collapse that claimed the life of an employee and seriously injured another at a Cape Cod worksite. A federal …

POSTED APRIL 09, 2026 5:00 AM
People Moves: Booher Named President & CEO of CopperPoint Insurance
CopperPoint Mutual Insurance Holding Company named Kellen Booher president and CEO. Booher succeeds CEO and Board Chair Marc Schmittlein, who announced his retirement last year. Schmittlein joined CopperPoint in 2016 and was appointed executive chair of the CopperPoint board of …

POSTED APRIL 09, 2026 5:00 AM

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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