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News Archives - Insurance Journal

Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty. They’re part of a …

POSTED JUNE 10, 2026 4:47 PM
People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency
This edition of International People Moves details appointments at Willis Re and Arch Insurance International. A summary of these new hires follows here. Willis Re Taps Carpenter’s Summers as CEO of Global Specialties Willis Re, an international reinsurance broker, announced …

POSTED JUNE 10, 2026 4:39 PM
Flesh-Eating Cattle Parasite Spreads Beyond Texas
Three more cases of the New World screwworm have been confirmed, including one outside the main cluster in Texas, demonstrating the difficulty of stopping a resurgent pest that could devastate the nation’s cattle industry, the U.S. Department of Agriculture announced …

POSTED JUNE 10, 2026 4:36 PM
Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
Officials in the US and Canada are planning a ribbon-cutting ceremony in the coming days for a new C$6.4 billion ($4.6 billion) bridge linking Michigan to the province of Ontario, which President Donald Trump threatened to block earlier this year. …

POSTED JUNE 10, 2026 4:30 PM
Trucordia Acquires Illinois’ Hecht-Stout Insurance Agency
Trucordia announced it has acquired the assets of the Hecht-Stout Insurance Agency. This Dunlap, Illinois-based business has deep roots in the Peoria area and a longstanding reputation for helping clients navigate complex insurance decisions with clarity and confidence. Under the …

POSTED JUNE 10, 2026 4:23 PM
Texas Governor Recommends Sweeping Data Center Regulation
Gov. Greg Abbott on Tuesday released sweeping regulatory recommendations on data centers for the Legislature to pass in the 2027 session, as Texas grapples with an explosion of artificial intelligence-driven development and soaring power demands. In a letter to state …

POSTED JUNE 10, 2026 4:14 PM
Dozens of Immigrant Workers Detained at Carolina Metal Castings Plant After Raid
A two-year investigation into immigrants with fake identity documents led to federal officials detaining 48 workers at a South Carolina metal casting business and six people facing state charges, including two top managers at the plant, authorities announced Thursday. Dozens …

POSTED JUNE 10, 2026 3:45 PM
CSU Adjusts Atlantic Hurricane Season Forecast Due to Emerging El Nino
The growing likelihood of an El Nino to emerge this summer has led Colorado State University hurricane researchers to slightly reduce their original forecast for the Atlantic hurricane season. In the latest forecast published June 10, CSU predicts a below …

POSTED JUNE 10, 2026 3:35 PM
Consultant Diversity Labs Forced to Shut Down After DEI Investigation by FTC
An investigation by the Federal Trade Commission into diversity, equity and inclusion at a consultancy for law firms and legal departments has forced the company to shut down. The FTC said Diversity Lab LLC used “discriminatory DEI employment practices” in …

POSTED JUNE 10, 2026 3:25 PM
Palm Beach Agent Charged With Keeping $90,000 in Surety Bond Payments
A licensed property-casualty insurance agent in Palm Beach Gardens has been charged with keeping payments for contractors’ surety bonds, then using the funds for personal gain. Checree Bryant, 51, of Innovative Bonding Services, was arrested last week and charged with …

POSTED JUNE 10, 2026 3:19 PM

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