News Center
News Archives - Insurance Journal
Kentucky Insurance Agent Charged With Keeping Church’s Premium Payments
A Kentucky insurance agency owner has been charged with diverting premiums from a church client, and the Kentucky Department of Insurance is investigating other clients. Multiple news sites reported that Glen “David” Ramey, 59, an agent and owner of David …
POSTED APRIL 07, 2026 3:21 PM |
Texas Coffee Bar Owes Back Wages for 36 Workers Over Tip Pool Violations
A Texas coffee bar and lounge must pay $85,197 for operating an illegal tip pool. The U.S. Department of Labor recovered the back wages for 36 employees after an investigation reportedly found a coffee bar and lounge in Buda operated …
POSTED APRIL 07, 2026 2:49 PM |
India Plans Sovereign Guarantees for Insurers as Iran War Hikes Shipping Risks: Sources
India is planning sovereign guarantees to support insurers that provide cover for vessels traveling in the Persian Gulf, as the Middle East war increases the risks to shipping, said government and industry sources familiar with the matter. The plan includes …
POSTED APRIL 07, 2026 2:44 PM |
People Moves: ALDOI Names Tompkins Consumer Services Manager
The Alabama Department of Insurance named Stephanie Tompkins manager of the department’s Consumer Services Division, succeeding Dusty Smith, who was promoted to be deputy commissioner for insurance regulation. Tompkins has 25 years of experience in the insurance business and regulation, …
POSTED APRIL 07, 2026 2:15 PM |
GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about …
POSTED APRIL 07, 2026 2:14 PM |
Insurer Nationwide Operating Income Up 37% in 2025
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual insurance company—entering its 100th year of operation …
POSTED APRIL 07, 2026 2:06 PM |
Police Chases Result in 8 Deaths in a Week, 4 of Them in Alabama
TROY, Ala. (AP) — A series of police pursuits have led to at least eight deaths around the country in less than a week amid ongoing calls from some law enforcement experts to curb risky high speed car chases. In …
POSTED APRIL 07, 2026 2:00 PM |
Texas Department of Insurance Helps Stop $400M Medicare Fraud Scheme
A Texas Department of Insurance investigator and crime analyst helped identify a Russian national who reportedly filed $400 million in fake Medicare claims. Nikolai Buzolin was living in Houston in 2025 when he created a durable medical equipment company and …
POSTED APRIL 07, 2026 1:53 PM |
Deere Settles Right-to-Repair Lawsuit With $99 Million Fund, Repair Commitments
U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs. The case is part of broader scrutiny …
POSTED APRIL 07, 2026 1:31 PM |
Airline Pilots Must Be Given Final Say on Flying in War Zones, Aviators’ Group Says
Pilots must be given a “final and non-negotiable” say allowing them to refuse to fly over or within conflict zones without influence from commercial pressures, global union group International Federation of Air Line Pilots’ Associations (IFALPA) said. The position paper …
POSTED APRIL 07, 2026 1:26 PM |
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 Security Group Insurance 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.
|