Insurance Journal

NHTSA Investigates Waymo Robotaxis Over Safety Around School Buses

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has opened a preliminary probe into about 2,000 Waymo self-driving vehicles after reports that the company’s robotaxis may have failed to follow traffic safety la...

Posted: Oct 20, 2025

Alaska Storm Damage So Bad Many Evacuees Won’t Go Home for at Least 18 Months

Damage to remote Alaska villages hammered by flooding last weekend is so extreme that many of the more than 2,000 people displaced won’t be able to return to their homes for at least 18 months, Gov. Mike Dunleavy said in …

Posted: Oct 20, 2025

Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida

Progressive posted $2.6 billion in third-quarter net income last week in spite of taking a nearly $1 billion charge to account for excess profits the carrier will have to return to Florida auto insurance policyholders. “Despite actions to lower...

Posted: Oct 20, 2025

People Moves: Liberty Mutual Re Promotes Blosche to Head of Northern Europe as Van Oort Retires; AXA...

This edition of International People Moves details appointments at Liberty Mutual Reinsurance and AXA. A summary of these new hires follows here. Liberty Mutual Re Promotes Blosche to Head of Northern Europe as Van Oort Retires Liberty Mutual Reinsur...

Posted: Oct 20, 2025

Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims

Inflation has been a persistent issue in the United States, though it has moderated since its peak during the COVID-19 pandemic, while supply chain disruptions for equipment and other goods continue to add to insurance claim costs—and the financial i...

Posted: Oct 20, 2025

People Moves: Borys to Lead Howden US Financial Lines; Everest Appoints Vidovich General Counsel

Howden US Appoints Borys to Lead Financial Lines Practice Howden US appointed Ron Borys as head of its financial lines group in the U.S. Based in New York, Borys will be responsible for building out the practice and creating tailored …

Posted: Oct 20, 2025

Australia’s Weather Bureau Casts Doubt on Prospects for La Niña

Australia’s weather bureau is not convinced that a La Niña weather pattern is forming that could change rainfall patterns and bring wilder weather to parts of the Americas, Asia and Oceania, affecting crop production, a senior climatologist sai...

Posted: Oct 20, 2025

Former WWE Boss McMahon Enters Pretrial Program in Reckless Driving Case

Former WWE CEO Vince McMahon has been allowed to enter a pretrial program to resolve a reckless driving charge stemming from a crash this summer in Connecticut. A state Superior Court judge ruled Thursday that McMahon could enter the program …

Posted: Oct 20, 2025

Gun-Owning New Hampshire Teen Sues School Officials Who Searched His Truck

A New Hampshire teenager sued his former high school principal and others Thursday, alleging they illegally searched his truck based solely on his status as a gun owner. Jack Harrington, 18, graduated from Hillsboro-Deering High School in June, about...

Posted: Oct 20, 2025

Widespread AWS Outage Hits Financial and Consumer Sites

Amazon Web Services, the world’s largest cloud provider, suffered a widespread disruption on Monday morning that degraded services for several companies, including artificial intelligence company Perplexity and the Coinbase and Robinhood financ...

Posted: Oct 20, 2025

AWS Says Cloud Service Has Recovered After Widespread Outage

Amazon Web Services, the world’s largest cloud provider, said its service had recovered after a widespread disruption on Monday degraded services for a range of customers including government agencies, AI companies and financial platforms. AWS...

Posted: Oct 20, 2025

Amazon’s AWS Struggles to Recover After Major Outage Disrupts Apps, Services

Amazon’s cloud services unit AWS was struggling to recover on Monday from a widespread outage that knocked out thousands of websites along with some of the world’s most popular apps – Snapchat and Reddit – and disrupted busine...

Posted: Oct 20, 2025

Storm Fengshen Kills Eight in Philippines as It Heads for China

Tropical storm Fengshen has killed eight people in the Philippines, authorities said, warning it could intensify as it heads for China and Vietnam. Known locally as Ramil, the storm caused torrential rains, floods and landslides in central Philippine...

Posted: Oct 20, 2025

EU Seeks Maritime Declaration to Inspect Russia’s ‘Shadow Fleet’

The European Union’s diplomatic arm, the EEAS, is urging member states to back a maritime declaration that would allow EU nations working with flag states to arrange inspections on Russia’s “shadow fleet” of oil tankers, an EE...

Posted: Oct 20, 2025

France’s Louvre Museum Closes After Jewels Stolen in Robbery

The world-renowned Louvre museum in Paris was shut on Sunday after several pieces of jewelry were stolen in a robbery. France’s Culture Minister Rachida Dati reported the incident on her social media account, without providing further details o...

Posted: Oct 20, 2025

G20 Risk Watchdog Warns of ‘Significant Gaps’ in Global Crypto Rules

There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday [Oct. 16]. The Financial Stability Board...

Posted: Oct 20, 2025

Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023

The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident...

Posted: Oct 20, 2025

Charges Dropped Against Owner of Dog Found Left Behind in Hurricane Milton

Criminal charges have been dropped against a Florida man who authorities said abandoned his tied-up dog in floodwaters near a highway as residents evacuated Florida’s Gulf Coast last year shortly before Hurricane Milton made landfall. The case...

Posted: Oct 20, 2025

Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases

The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed changes. In Alabama, the NCC...

Posted: Oct 20, 2025

Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States

A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida, Georgia and other areas, said t...

Posted: Oct 20, 2025

Proxy Adviser ISS Urges Vote Against Musk’s $1 Trillion Package

Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under fresh scrutiny on Friday, with proxy adviser ISS urging shareholders to reject what might be the largest-ever compensation plan awarded to a company chief. This is the second...

Posted: Oct 20, 2025

LA County Reaches New $828 Million Deal With Abuse Victims

Los Angeles County reached a tentative agreement to pay an additional $828 million to victims of childhood sexual abuse who filed lawsuits under a 2019 state law that raised the statute of limitations for such cases. The settlement addresses 400 &#82...

Posted: Oct 20, 2025

People Moves: Physicians Insurance A Mutual Company Names Carlson President and CEO

Physicians Insurance A Mutual Company appointed David Carlson, DO, as president and CEO. The PI appointment is effective November 1. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a 35-year career. Carlson is a physi...

Posted: Oct 20, 2025

People Moves: Physicians Insurance A Mutual Company Names Carlson President, CEO

Physicians Insurance A Mutual Company appointed David Carlson as president and CEO. The PI appointment is effective November 1. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a 35-year career. Carlson is a physician...

Posted: Oct 20, 2025