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Former Virginia Insurance Agent Pleads Guilty to Fraud
A former Virginia insurance agent pled guilty last week to wire fraud related to a scheme to pocket the premiums he was paid for policies he sold. According to court documents, Thomas Robert Hoyt, of Melfa, told certain clients to …
POSTED AUGUST 24, 2026 12:16 PM |
KPMG Australia to Fire Hundreds of Workers as Crisis Deepens
Scandal-plagued KPMG Australia is cutting almost 400 jobs as it grapples with the fallout from allegations it misused confidential client information to win business and as demand for consulting services slows. The consultancy giant will reduce its workforce by about …
POSTED AUGUST 24, 2026 12:09 PM |
Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence — a phenomenon associated with bouts of hot, dry …
POSTED AUGUST 24, 2026 9:10 AM |
Trump’s Environmental Rollbacks Are Being Struck Down by Courts
The Trump administration’s many steps to reshape and shrink the scope of federal environmental protection have been met with a flood of legal challenges from companies, environmental groups and state officials. So far this summer, it’s been losing more than …
POSTED AUGUST 24, 2026 5:13 AM |
TikTok Agrees to $400 Million Children’s Privacy Settlement
TikTok and its Chinese parent company ByteDance on Friday agreed to a $400-million settlement to resolve the U.S. Justice Department’s allegations the short-video app violated children’s online privacy. The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing …
POSTED AUGUST 24, 2026 5:06 AM |
People Moves: Causey Names Myers New Deputy Chief at NCDOI
North Carolina’s insurance commissioner has named Chuck Myers to be chief deputy commissioner Oct. 1, succeeding Jackie Obusek. For the past three years, Myers has been deputy commissioner for the Louisiana Department of Insurance, over property and casualty insurance. There, …
POSTED AUGUST 24, 2026 5:02 AM |
New Ways Florida Is Adapting to Growing Threats From Sea Level and Storms
One day there was a roof. The next morning it was gone. Jeffrey Huber still remembers the day some 34 years ago when Hurricane Andrew blew off the roof of his childhood home, one of tens of thousands damaged and …
POSTED AUGUST 24, 2026 5:02 AM |
People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
Elsje Johnson joined Alliant Insurance Services as vice president within its employee benefits group. The Idaho-based consultant has more than 25 years of experience in the healthcare industry, including over a decade advising associations, large employers, and national accounts on …
POSTED AUGUST 24, 2026 5:00 AM |
Paramount and California to Hold Preliminary Talks on Warner Bros Deal
Paramount and California state officials are set to meet on Monday to discuss a potential settlement path of the state’s lawsuit aimed at stopping Paramount’s acquisition of Warner Bros. Discovery, the New York Times reported on Saturday citing sources familiar …
POSTED AUGUST 24, 2026 5:00 AM |
After Alex Jones’ $40M Texas Court Win, He Still Faces More Than $1B in Damages
Conspiracy theorist Alex Jones is still under orders to pay more than $1 billion over his false claims surrounding the 2012 Sandy Hook Elementary School massacre despite a Texas court reducing some of the money awarded to families. For the …
POSTED AUGUST 24, 2026 5:00 AM |
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