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NC Man Claimed Almost $300,000 in Travel Insurance Losses. Then He Was Arrested
Oscar Rafeal Ruiz was a busy man in 2023 and 2024, jetting to numerous places, losing his luggage multiple times and filing travel insurance claims of almost $300,000. The problem, North Carolina authorities said, is that most of the claims …
POSTED JULY 11, 2025 2:49 PM |
T-Mobile Ending DEI Programs as it Seeks FCC Approval for 2 Deals
Wireless carrier T-Mobile US said on Wednesday it is ending its diversity, equity and inclusion programs, under pressure from the Trump administration as it seeks regulatory approval for two major deals. T-Mobile said in a letter to Federal Communications Commission …
POSTED JULY 11, 2025 2:26 PM |
Countertop Maker in Georgia Fined for Exposing Workers to Silica Dust
The federal Occupational Safety and Health Administration fined a Georgia countertop maker $33,000 for allegedly exposing workers to high levels of silica dust, which causes silicosis and other respiratory ailments. Brazilian Stone Design, in Powder Springs, which makes and sells …
POSTED JULY 11, 2025 2:17 PM |
Georgia Commercial Lender Owner Charged With $140M Ponzi Scheme
NEWNAN, Ga. (AP) — A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140 million, federal officials alleged in a complaint filed Thursday. The civil lawsuit by the U.S. Securities and Exchange Commission …
POSTED JULY 11, 2025 1:38 PM |
How Northeast States Will Share in $720 Million Opioid Settlement With 8 Firms
States have secured about $720 million in settlements from eight pharmaceutical companies accused of fueling the opioid epidemic. The settlement was achieved as part of a nationwide collaborative effort by state attorneys general. Individual states’ ultimate shares of the $720 …
POSTED JULY 11, 2025 1:00 PM |
Microsoft Outlook Users Experience Hourslong Outage Impacting Email
After Outlook users ran into issues accessing their email accounts late Wednesday and into Thursday, Microsoft says that affected systems are back online. Microsoft 365 first said that it was investigating an issue with Outlook Wednesday night, and later shared …
POSTED JULY 11, 2025 12:50 PM |
How Carriers Can Win More Retail Broker Biz: Report
By segmenting retail brokers into tiers using premium volume, profitability and strategic alignment as factors to define top tiers, carriers can start to win more business, according to a new consulting firm report. The report, How Insurers Can Win More …
POSTED JULY 11, 2025 12:27 PM |
People Moves: Consilium Taps Carpenter’s Coleman for C-Suite After Co-CEO Baird Suddenly Exits; Everest Promotes Shaw as Chief Commercial Officer of Int’l Division
This edition of International People Moves details appointments at the broker Consilium and Everest’s International Insurance Operation. A summary of these new hires (and one exit) follows here. Consilium Taps Carpenter’s Coleman for C-Suite, as Co-CEO Baird Is Removed Consilium, …
POSTED JULY 11, 2025 11:51 AM |
Gun Makers Lose Appeal of New York Law Making Them Potentially Liable for Shootings
A New York state law holding gun manufacturers potentially liable when their weapons are used in deadly shootings was upheld Thursday by a federal appeals court. The ruling Thursday by the 2nd U.S. Circuit Court of Appeals in Manhattan affirmed …
POSTED JULY 11, 2025 11:16 AM |
Markets/Coverages: Aon Launches Insurance Facility for Full Lifecycle of Data Centers
Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility designed to help clients manage risk across every stage of data center development and operations. As global investment in digital …
POSTED JULY 11, 2025 10:14 AM |
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