Insurance Journal

Australia Spy Chief Warns of China Hackers Probing Networks

Australia’s spy chief has accused hackers working for China’s government of probing his nation’s communications and infrastructure networks. In a speech to a financial regulation conference on Wednesday in Melbourne, Mike Burgess, d...

Posted: Nov 12, 2025

China Prepares to Bring Home 3 Astronauts Stranded After Collision With Space Debris

China has activated emergency plans for three astronauts who are stuck in space after debris crashed into their spacecraft. A safety assessment and other analysis of the Shenzhou-20 spaceship are being organized, the China Manned Space Engineering Of...

Posted: Nov 12, 2025

Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses

Jamaica has invested tens of millions of dollars in bolstering coastal defenses by planting mangroves, building seawalls and strengthening urban infrastructure. It wasn’t close to enough to withstand Hurricane Melissa’s 185-mile-an-hour w...

Posted: Nov 12, 2025

Cyberattack Cripples Asahi Operations, Lifts Rival Brewers

As Japan gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap — with its systems still crippled more than a month after a cyberattack disrupted its supply chain. The ransomware attack on &#823...

Posted: Nov 12, 2025

Texas Voters Rank Rising Homeowners’ Insurance Costs as Top Concern

The rising cost of homeowners’ insurance has emerged as of the top key issues in the minds of Texas voters, according to a recent survey conducted by Texas 2036. When asked about the next election, Texas voters ranked homeowners’ insuranc...

Posted: Nov 12, 2025

Michigan Insurance Agent Charged with Embezzling Funds from Municipalities

A Michigan insurance agent was arraigned on Oct. 31 in Oakland County District Court for allegedly forging letters from his insurance clients to embezzle funds, announced Michigan Attorney General Dana Nessel. Robert Joseph Bucko, 70, of Novi, allege...

Posted: Nov 12, 2025

Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG

Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration. &#8...

Posted: Nov 12, 2025

Alliant Acquires Texas’ Highpoint

Alliant Insurance Services has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood. Highpoint Insurance Group, with 44 employees, will operate as Alliant following th...

Posted: Nov 12, 2025

Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People

A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraf...

Posted: Nov 11, 2025

New York City Firefighter Dies After Responding to a Five-Alarm Blaze

New York City firefighter died Saturday after suffering a medical episode while battling a five-alarm fire at a Brooklyn apartment building, authorities said. Patrick D. Brady, 42, went into cardiac arrest while working on the roof of the six-story b...

Posted: Nov 11, 2025

United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’

United Airlines has asked a federal judge to dismiss a lawsuit claiming it unfairly charged passengers extra money to sit in “window seats” that, to their surprise, lacked windows. Passengers filed proposed class actions in August against...

Posted: Nov 11, 2025

Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares

Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a lett...

Posted: Nov 11, 2025

People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends

International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Clair...

Posted: Nov 10, 2025

New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect

New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust...

Posted: Nov 10, 2025

Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says

Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP, an environmental disclosure nonprofit. Businesses in the nation face disruption risks from issues including earthquakes and...

Posted: Nov 10, 2025

Crews Are Working to Fix Alaska Native Villages Devastated by Floods. But Will Residents Return?

Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …

Posted: Nov 10, 2025

Crews Work to Fix Alaska Native Villages Devastated by Floods

Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …

Posted: Nov 10, 2025

People Moves: Wong Named WCIRB Chief Information Officer

The Workers’ Compensation Insurance Rating Bureau of California promoted Christopher Wong to chief information officer. Wong succeeds Eric Riley, who will retire on November 30, following a 39-year career with the WCIRB. Riley held a variety of...

Posted: Nov 10, 2025

MIT Grad Brothers Fraud Jury Unable to Reach a Verdict

A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology, who were accused of stealing roughly $25 million in cryptocurrency from traders on the Ethereum blockchai...

Posted: Nov 10, 2025

Vermont Christian School Challenges State’s Education Funding as Discriminatory

The Mid Vermont Christian School is challenging Vermont’s education reform law in federal court, arguing that the law’s set of provisions around public tuition dollars “creates a religious gerrymander and discriminates against relig...

Posted: Nov 10, 2025

Coal Miners With Black Lung Say Government Cuts Are Suffocating the Working Man

Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names,...

Posted: Nov 10, 2025

GoDaddy Hit With $170M Patent Verdict Over Web-Design Tech

Internet domain registrar GoDaddy GDDY.N owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury said in a verdict made public on Friday. The jury agreed with Express Mobile that GoDaddy&#8217...

Posted: Nov 10, 2025

Four Indicted for Roles in New Jersey Home Invasion, Auto Theft Ring

New Jersey Attorney General Matthew J. Platkin and the Division of Criminal Justice (DCJ) reported that four men were charged in a 61-count indictment for their respective roles in an auto theft and home invasion ring. The charges include home &#8230...

Posted: Nov 10, 2025

New Zealand Firefighters Say Tongariro Wildfire Is Coming Under Control

A wildfire that swept across thousands of hectares of New Zealand’s Tongariro National Park appears to be coming under control, officials said. Residents are being allowed back into the area following an earlier evacuation. Rain and the efforts...

Posted: Nov 10, 2025

Typhoon Set to Swing Toward Taiwan After Ripping Philippines

Typhoon Fung-Wong is forecast to swing toward Taiwan after the powerful storm struck the Philippines’ northeast late on Sunday, causing widespread flooding and the suspension of government operations. The cyclone — known locally as Uwan — has n...

Posted: Nov 10, 2025