South Korea Fines Coupang Record $409 Million for Data Breach June 12, 2026 By Jaehyun Eom and Shinhye Kang A South Korean regulator fined the country’s largest e-commerce platform, owned by US-listed Coupang Inc., a record 624.7 billion won...
Markets/Coverages: Distinguished Programs Expands Into Reinsurance Led by DiPaola June 12, 2026 Distinguished Programs, a national managing general agent (MGA) and insurance program manager, has expanded into the reinsurance market with the...
Motorists Sue NY County Over 1.6 Billion License Plate Scans June 12, 2026 By BYRON TAU A coalition of civil rights groups on Tuesday asked a state judge to order one of New York’s largest suburban...
California Company Paying $3.3M to Resolve False Claims Allegations June 12, 2026 California medical providers and their medical director have agreed to pay $3.3 million to settle allegations they submitted claims to...
Man Sentenced Over False FEMA Claims for Lahaina, California Wildfires June 12, 2026 A Hawaii man was sentenced for filing claims with the Federal Emergency Management Agency seeking disaster relief related to the...
Nebraska Settles With Company Regarding Overpriced COVID Tests June 11, 2026 Nebraska Attorney General Hilgers announced a $4.87 million multistate settlement with GS Labs that resolves claims that the testing company...
Union Bay Acquisition Acquires Michigan-Based Arlington Agency June 11, 2026 Union Bay Acquisition, an aggregator of insurance agencies, has acquired the assets of Arlington Agency, Inc., based in Livonia, Michigan....
Tesla’s Robotaxi Falls Short With Long Waits and Stalled Rides June 11, 2026 When Elon Musk kicked off Tesla Inc.‘s quarterly earnings call in July 2025, robotaxis were top of mind. The carmaker...
Texas Governor Candidates Start Over Corpus Christi Water Woes June 11, 2026 By Colleen DeGuzman, The Texas Tribune Corpus Christi’s impending water crisis — and delayed action by city leaders — has become an issue in the race...
People Moves: Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda; Aon’s Reinsurance Solutions Announces Retirement of Thofern as CEO for Germany June 11, 2026 This edition of International People Moves details appointments at Willis Re and Aon’s Reinsurance Solutions business. A summary of these...