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News Archives - Insurance Journal

Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying Western sanctions on …

POSTED MAY 16, 2025 5:05 AM
California DoorDash Driver Pleads Guilty to Stealing $2.5M in Deliveries Scam
A former food delivery driver pleaded guilty to conspiring with others to steal more than $2.5 million from DoorDash by getting the company to pay for deliveries that never occurred, federal prosecutors said. Sayee Chaitanya Reddy Devagiri pleaded guilty Tuesday …

POSTED MAY 16, 2025 5:00 AM
People Moves: Delos Insurance Solutions Names Coffman CRO; Venbrook Promotes Lang
Delos Insurance Solutions Appoints Coffman CRO Delos Insurance Solutions appointed Jeremy Coffman to the newly created role of chief revenue officer. As CRO, Coffman focuses on expanding Delos’ agency, carrier, and business to business relationships, simplifying the producer engagement process, …

POSTED MAY 16, 2025 5:00 AM
Pilot’s Lack of Oxygen Cited as Likely Factor in 2023 Private Jet Crash in Virginia
A lack of oxygen that incapacitated the pilot and three passengers is likely what caused a private jet to become unresponsive before flying over the nation’s capital and prompting the military to scramble fighter jets in 2023, according to a …

POSTED MAY 16, 2025 5:00 AM
Coinbase Hackers Had Access to Customer Data Since January
Hackers had near-constant access to some of Coinbase Global Inc.’s most valuable customer data since January, according to a person familiar with the incident who asked not to be named discussing company matters. The largest US crypto exchange disclosed earlier …

POSTED MAY 16, 2025 5:00 AM
People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO
Zurich North America announced key leadership changes within U.S. national accounts and underwriting as Heather Fox has been promoted to lead national accounts and Peter Caminiti was promoted to chief underwriting officer. Fox was most recently chief underwriting officer for …

POSTED MAY 15, 2025 10:43 PM
FEMA Chief Says Agency Will Raise State Burden for Disasters to 50%
David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25% under current cost-sharing levels. Richardson, who took the …

POSTED MAY 15, 2025 10:17 PM
Tesla’s Robotaxi Launch in Texas Faces Scrutiny Over Potential Accident Risks
Federal safety regulators have asked Elon Musk’s car company to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national “robotaxi” launch that is key to keeping its stock …

POSTED MAY 15, 2025 4:23 PM
US House Bill Reintroduced to Rid Federal Insurance Office of Subpoena Power
Rep. Scott Fitzgerald today reintroduced a bill to eliminate the subpoena power of the Federal Insurance Office (FIO). The Insurance Data Protection Act was first presented by Fitzgerald, R-Wis., to the U.S. House of Representatives in September 2023. “FIO’s recent …

POSTED MAY 15, 2025 4:23 PM
Sweltering Heat Wave Hits U.S. from Dakotas to Texas
Sweltering heat more commonly seen in the throes of summer than in the spring was making an unwelcome visit this week to a large portion of the U.S. – from the Dakotas to Texas and other parts of the South …

POSTED MAY 15, 2025 4:14 PM

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