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News Archives - Insurance Journal

Texas Cannabis Businesses Sue State to Block Smokeable Hemp Ban
Texas hemp industry leaders and advocacy groups have sued the state to block new regulations that eliminate natural smokeable hemp products and increase licensing fees. The Texas Hemp Business Council, Hemp Industry & Farmers of America, and several Texas-based dispensaries …

POSTED APRIL 08, 2026 2:08 PM
South Dakota Construction Company Sued Over Whistleblower’s Firing
The U.S. Department of Labor has filed suit against a Valley Springs, South Dakota construction contractor for the wrongful termination of an employee who reported a severe work-related injury. An investigation by the department’s Occupational Safety and Health Administration found …

POSTED APRIL 08, 2026 1:46 PM
Waco Business Earns TDI’s Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has honored Laminate Technologies Inc. in Waco, Texas, with the Lone Star Safety Award for exceptional dedication to protecting its employees through a strong and proactive safety program. This facility’s …

POSTED APRIL 08, 2026 1:26 PM
NFP Acquires Minnesota’s Sherman
NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, announced the acquisition of Sherman Insurance Agency, Inc., a full-service agency specializing in trucking, commercial, personal and benefits insurance solutions. Based in South St. Paul, Minnesota, …

POSTED APRIL 08, 2026 1:15 PM
Investors Press Amazon, Microsoft and Google on Water, Power Use in Data Centers
Amazon, Microsoft and Alphabet’s Google have each recently abandoned construction of multibillion-dollar data centers over community opposition and now the companies are coming under shareholder pressure over the environmental impact of their projects. More than a dozen investors are cranking …

POSTED APRIL 08, 2026 12:50 PM
UBS Loses Bid to Limit Liability for Nazi-Linked Crimes, Judge’s Ruling Shows
A U.S. judge on Tuesday rejected UBS’ bid to clarify a $1.25 billion settlement from 1999 of Holocaust-related litigation against Swiss banks by shielding it from claims based on new revelations about Nazi-linked accounts. U.S. District Judge Edward Korman in …

POSTED APRIL 08, 2026 12:26 PM
Risk Strategies Claims Ex-Employees’ Talent and Customer Raid Has Cost It $900K
Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March …

POSTED APRIL 08, 2026 11:00 AM
Russia-Linked Hackers Hijack Routers to Steal Passwords, UK Says
Russian government-linked hackers are compromising popular internet routers to steal passwords for email accounts and other online services, the UK’s National Cyber Security Centre has warned. The hackers, a group known as APT28, are associated with Russia’s GRU military intelligence …

POSTED APRIL 08, 2026 10:32 AM
Resuming Normal Shipping to Take 6-8 Weeks Once Middle East Stabilizes: Hapag-Lloyd
Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least …

POSTED APRIL 08, 2026 10:02 AM
Markets/Coverages: Marsh Risk Enhances Cyber Facility With up to $200M of Capacity
Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance. Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in …

POSTED APRIL 08, 2026 9:35 AM

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