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News Archives - Insurance Journal

Lawsuit Alleges TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl
Three Texas homeowners filed a federal racketeering lawsuit last week alleging that the Texas Windstorm Insurance Association fraudulently reduced claim estimates for properties damaged by Hurricane Beryl. The lawsuit, filed in the U.S. District Court, Southern District of Texas, alleges …

POSTED AUGUST 17, 2026 4:51 PM
Iran Threatens to Go on Offensive in Strait of Hormuz if Diplomacy Fails
Iran has decided to shift its policy from defensive to “fully offensive” due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday. Progress towards …

POSTED AUGUST 17, 2026 4:41 PM
West Virginia Flood Threat Rises After Deadly Indiana Storms
The threat of flooding shifted east into West Virginia and Kentucky on Monday as Indiana began recovering from storms that killed at least six people and produced some of the state’s worst deluges in decades. Flood warnings and watches covered …

POSTED AUGUST 17, 2026 3:58 PM
The Great Modern Train Robbery: Thieves Steal $200 Million a Year
The train was sitting just outside a depot in Memphis when the bandits made their move. Emerging from a black Kia Soul under the cover of darkness, the three men clambered on top of CSX Corp. railcars. They broke the …

POSTED AUGUST 17, 2026 3:34 PM
Picasso Etching Stolen From Wisconsin Art Gallery Found in Vacant Apartment
Bill DeLind thought the Picasso print that was stolen from his Milwaukee gallery in 2018 was gone forever. But then police called last week and asked him to look an artwork that a local landlord found while cleaning out a …

POSTED AUGUST 17, 2026 3:23 PM
People Moves: Brown & Riding Adds Hasan to National Property Practice
Brown & Riding announced Omar Hasan has joined its National Property Practice. Hasan brings nearly two decades of industry experience and specializes in complex commercial property placements and solutions for middle-market and large commercial accounts. Hasan is known for his …

POSTED AUGUST 17, 2026 3:09 PM
Amazon Reinstates Binding Arbitration, Bars Class-Action Lawsuits
Amazon on Friday reinstated binding arbitration for its U.S. customers while also barring them from seeking class-action lawsuits, making it more difficult for users to address grievances in court. In emails on Friday, Amazon said the changes are effective immediately …

POSTED AUGUST 17, 2026 3:08 PM
Ohio City to Pay $4.7M to Family of Teenager Killed by Police
Officials in Akron, Ohio, have fired a police officer who shot and killed 15-year-old boy while also announcing Friday that the city has agreed to pay $4.75 million to the teen’s family. The settlement, which still needs a judge’s approval, …

POSTED AUGUST 17, 2026 3:05 PM
Rival AI PACs Spend Big in Florida to Sway Trump’s Governor Pick
The artificial-intelligence industry’s political machines battling each other over how to regulate the technology are trying a new tactic in Florida after fighting in primary elections across the US: joining together to make multimillion-dollar bets on the same candidate. Two …

POSTED AUGUST 17, 2026 2:51 PM
Tomb Raiders Stole From Cemeteries in 9 States. Florida Offering Reward for Info
Authorities are searching for a trio of modern tomb raiders that they say has stolen family heirlooms and other valuables from cemeteries in at least nine states. The suspects — a mother and daughter, and the daughter’s boyfriend — “went …

POSTED AUGUST 17, 2026 2:40 PM

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