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News Archives - Insurance Journal

NJ School Board Not Liable for Boy’s Shooting at Football Game With No Metal Detectors
A New Jersey public school district has been found not liable for the fatal shooting of a 10-year old boy at a high school football game where security did not include metal detectors to screen attendees. The boy’s mother and …

POSTED AUGUST 14, 2026 5:00 AM
Markets/Coverages: AIG Starts Parametric Cloud Outage Solution
American International Group (AIG) said it launched a new Parametric Cloud Outage Solution, providing clients an additional layer of cyber insurance protection to help them recover faster from business interruption losses resulting from cloud service outages and cloud provider downtime. …

POSTED AUGUST 14, 2026 4:42 AM
Dallas-Based Bus Companies Settle Allegations of PPP Loan Violations for $3.9M
Tornado Bus Company, Inc. and El Expreso Group, LLC, two affiliated Dallas-based bus companies that operate numerous international bus routes between the United States and Mexico, agreed to pay $3.9 million to resolve allegations that the companies violated the False …

POSTED AUGUST 13, 2026 4:53 PM
Legal Battles Expected Over Corpus Christi’s Water Rate Referendum
Reservoirs have rebounded, but the fight over water isn’t over in Corpus Christi. The City Council has ordered a public referendum on a citizen-led petition that would sharply increase the price of water for industrial facilities during drought. The proposal …

POSTED AUGUST 13, 2026 4:42 PM
Midwest States Grapple With Recovery From Latest Severe Storms
Severe weather cut power to more than half a million people in the Chicago area and northwestern Indiana as perilous thunderstorms and tornadoes pummeled the region Tuesday, causing widespread damage and bringing lightning that injured people at an Ohio prison. …

POSTED AUGUST 13, 2026 4:35 PM
Kansas Woman Sentenced to Probation for Insurance Fraud
Kansas Insurance Commissioner Vicki Schmidt announced a Johnson County woman has been sentenced to 24 months of probation for insurance fraud. Jinky Alcantara, aged 39, pleaded guilty on May 26, 2026, in Johnson County District Court to one felony count …

POSTED AUGUST 13, 2026 4:19 PM
Shein Loses UK Lawsuit Against Temu Over Copyright Violations
Shein lost a UK lawsuit against PDD Holdings Inc.’s Temu over allegations its rival engaged in large-scale copyright violations. The Chinese-founded e-commerce giant must also compensate Temu for taking down thousands of product listings, according to a London court ruling …

POSTED AUGUST 13, 2026 2:24 PM
Taylor Farms Outbreaks Show Limits of US Ability to Safeguard Mexican Produce
Two foodborne illness outbreaks linked to Taylor Farms have exposed a weakness at the heart of North America’s food system: the United States is increasingly relying on Mexico’s produce industry, and regulators are straining to oversee it to keep consumers …

POSTED AUGUST 13, 2026 2:17 PM
Viewpoint: Storm Resilience Must Account for the Assets That Do Not Stay Put
Hurricanes, wildfires and other major weather events often dominate attention, but severe convective storms remain one of the most frequent and costly weather threats facing businesses. In 2025, there were a total of 23 billion-dollar disasters; 21 were severe storms. …

POSTED AUGUST 13, 2026 1:43 PM
Hawaii Faces More Tropical Threats From El Niño-Charged Pacific
A powerful patch of thunderstorms and wind is expected to strengthen into Tropical Storm Lala by Thursday before taking aim Hawaii this weekend. The weather system was 935 miles (1,500 kilometers) east-southeast of Hilo, Hawaii, with top winds of 35 …

POSTED AUGUST 13, 2026 1:25 PM

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