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News Archives - Insurance Journal

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 on Friday it expected an Iranian response as soon as later in the day 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
Lawmakers Interrupt New York Governor’s Victory Lap on State Budget Agreement
Don’t pop the champagne yet. That is effectively what New York State Assembly Speaker Carl Heastie advised Gov. Kathy Hochul, who yesterday declared victory in the lengthy negotiations over the 2026-2027 state budget. Hochul claimed her office and lawmakers in …

POSTED MAY 08, 2026 1:07 PM
After LA Wildfires, Clergy Crossed Denominational Lines to Help
Rabbi Amy Bernstein says the wind-whipped fire in January 2025 that scorched much of the Pacific Palisades, destroying her home and damaging her synagogue, “blew everything open” for the community’s faith leaders. “If our hearts must break, let them break …

POSTED MAY 08, 2026 12:38 PM
Australia Regulator Calls for Urgent Cybersecurity Action to Counter Mythos
Australia’s corporate regulator has urged the country’s financial sector to take urgent action on tackling potential cyber risks from frontier AI systems such as Mythos. The Australian Securities and Investments Commission on Friday published a letter sent to the financial …

POSTED MAY 08, 2026 11:30 AM
Sabotage and Cyberattacks Have Put Europe’s Power Networks on Alert
The helicopter flying over fields, rivers and villages in central Poland is loaded with high-tech cameras and sensors. The pilot, an army veteran who served in Iraq and Afghanistan, keeps the small Robinson R66 low to the ground. The chopper …

POSTED MAY 08, 2026 11:18 AM
Mitsui O.S.K. Says its Vessels Did Not Pay Fees Transiting Hormuz
Japan’s Mitsui O.S.K. Lines (MOL) said on Friday three of its vessels that transited the Strait of Hormuz and exited the Gulf in April did not pay transit fees, sticking to a principle of navigation under international law. Tehran has …

POSTED MAY 08, 2026 8:19 AM

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