Insurance Journal
British insurer on Thursday set itself new financial targets including nearly doubling cost savings from its combination with Direct Line, as CEO Amanda Blanc looks to convince investors the enlarged firm can deliver. The company said it would target...
Posted: Nov 13, 2025
Zurich Insurance Group AG has selected Australia as the first market for its private credit strategy in Asia-Pacific, awarding a $170 million mandate as it seeks opportunities to invest in local assets. The insurer assigned the mandate to an Australi...
Posted: Nov 13, 2025
ShoreOne Insurance Managers, Inc. has officially launched its residential homeowners policy with full flood insurance protection in Rhode Island. This coverage combines both home and flood insurance under one policy—with one deductible and one claims...
Posted: Nov 13, 2025
Australia’s corporate regulator is threatening more aggressive legal action against private credit funds that fail to protect investors, as the A$200 billion ($131 billion) industry continues to expand. The Australian Securities & Investmen...
Posted: Nov 13, 2025
Multiple Oklahoma pharmacies have agreed to pay $157,000 to settle allegations that they billed the Oklahoma Medicaid Program, SoonerCare, for hundreds of unauthorized over-the-counter COVID-19 tests. Apothecary Pharmacy, Cornwell Pharmacy, Cushing F...
Posted: Nov 13, 2025
As London struggles to adapt to the reality of more frequent and powerful floods, its wealthier corners are emerging as some of the most at risk. Last month in the affluent London neighborhood of South Hampstead, homeowners packed a community …
Posted: Nov 13, 2025
In the summer, the board in mostly rural Niles Township gave a preliminary OK to 21 cannabis stores along one road currently dotted with businesses and surrounded by farmland. On Tuesday, Nov. 4, voters rejected them all. Nearly 6 in …
Posted: Nov 13, 2025
The operators of Camp Mystic in Texas, where 25 girls and two teenage counselors died in catastrophic flooding on July 4, failed to take necessary steps to protect the campers as life-threatening floodwaters approached, families of the victims allege...
Posted: Nov 13, 2025
The tech industry is moving fast and breaking things again — and this time it is humanity’s shared reality and control of our likeness before and after death — thanks to artificial intelligence image-generation platforms like OpenAI’s Sor...
Posted: Nov 13, 2025
Generali said on Wednesday it had appointed the head of its insurance business Giulio Terzariol as group deputy chief executive, weeks after investors critical of CEO Philippe Donnet boosted their influence at Italy’s biggest insurance company....
Posted: Nov 13, 2025
Burns & Wilcox, headquartered in Farmington Hills, Michigan, hired new leaders for the company’s offices in Atlanta, Georgia; Baltimore, Maryland; and Minneapolis, Minnesota. Scott Kiser was named managing director, Atlanta. Kiser joins Bur...
Posted: Nov 13, 2025
Meta Platforms Inc. is spending more than $1 billion to build a data center in Wisconsin that will power artificial intelligence work, its latest investment in the infrastructure needed for the fast-moving AI race. The 700,000 square-foot data center...
Posted: Nov 13, 2025
China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing China’s most recent attempt to attribute major cyberattacks to the US. The theft of the 127,272 Bi...
Posted: Nov 13, 2025
Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country’s climate minister told Re...
Posted: Nov 13, 2025
Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country’s climate minister told Re...
Posted: Nov 13, 2025
Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences. Amazon, the largest private-sector U.S. emplo...
Posted: Nov 13, 2025
Pollen Street Group Ltd. has begun preparing an initial public offering for UK insurer Markerstudy, according to people familiar with the matter. The buyout firm has started early discussions with investment banks about the potential listing, the peo...
Posted: Nov 13, 2025
A few years ago, in the early 2020s, it was not unusual to hear about or even see roofing workers in Florida deliberately manipulating roof shingles to make it appear that the roof was damaged by storm winds. I saw …
Posted: Nov 13, 2025
A weather forecasting organization is offering up five reasons why the U.S. wasn’t hit by a hurricane this season, despite forecasts that called for an above normal Atlantic hurricane season with numerous anticipated landfalls. It will be the f...
Posted: Nov 13, 2025
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it …
Posted: Nov 13, 2025
California Insurance Commissioner Ricardo Lara reappointed Michael Golden, Bernardo de la Torre, Doug Heller and Cynthia Strathmann to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee; Doug Bystry to the California Organized In...
Posted: Nov 13, 2025
The Delaware Supreme Court has revived a workers’ compensation insurer’s claim for subrogation in a case where an employee injured while driving for her employer received payment from her employer’s uninsured motorist (UIM) insurer...
Posted: Nov 13, 2025
The Delaware Supreme Court has revived a workers’ compensation insurer’s claim for subrogation in a case where an employee injured while driving for her employer received payment from her employer’s uninsured motorist (UIM) insurer...
Posted: Nov 13, 2025
Waymo will become the first robotaxi provider in the US to offer driverless rides on highways, a milestone that positions it to better compete with ride-hailing companies and traditional taxi services. Beginning Wednesday, the Alphabet Inc. unit will...
Posted: Nov 12, 2025
This school year, students in elementary, middle and high schools in some states will get a new lesson on safety: what to do if they find a firearm. Arkansas, Tennessee and Utah are the first states to enact laws that …
Posted: Nov 12, 2025