Insurance Journal

Harrods Warns Customers of Data Theft in Latest IT Breach

Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods c...

Posted: Sep 29, 2025

French Court Opens New Trial on Air France 447 Air Disaster, After 16 Years

A French appeals court will begin a new trial on Monday of Air France and Airbus, 16 years after a jetliner plunged into the Atlantic killing all 228 people on board. A lower French court cleared both companies of corporate …

Posted: Sep 29, 2025

Update: Airbus, Air France Reject Blame Over AF447 Crash, After 16 Years

Airbus and Air France pleaded not guilty to manslaughter on Monday at the start of a new two-month trial over France’s worst air disaster, 16 years after a Paris-bound jet crashed into the Atlantic, killing all passengers and crew. A …

Posted: Sep 29, 2025

OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide

OpenAI is rolling out parental controls for ChatGPT on the web and mobile, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The &...

Posted: Sep 29, 2025

New Zealand to Ease Strengthening Rules on Quake-Prone Buildings

New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners. The government is implementing clearer definitions to identify buildings that pose a genuine risk to human life in medium a...

Posted: Sep 29, 2025

Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack

Tata Motors Ltd.-owned Jaguar Land Rover is raising £2 billion ($2.7 billion) loan from global banks as the luxury carmaker seeks to ease the financial strain of a cyberattack that forced it to halt production, according to people familiar with &#823...

Posted: Sep 29, 2025

Sony Financial Soars in Spinoff Listing in Tokyo Trade Debut

Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …

Posted: Sep 29, 2025

Judge Rules Feds Can’t Withhold Disaster Relief Until States Cooperate on Immigration

A federal judge in Rhode Island ruled on Wednesday that it’s unconstitutional to require states to cooperate on immigration enforcement actions to get funding for disasters, which is overseen by the Federal Emergency Management Agency. A coalit...

Posted: Sep 29, 2025

Boeing to Pay $50,000 Over Suicide of Quality Inspector

Boeing Co. agreed to pay at least $50,000 to settle a wrongful death lawsuit brought by the family of John Barnett, a whistleblower who took his own life last year. Barnett, a former Boeing employee, died in March 2024 at …

Posted: Sep 29, 2025

Hanover Must Pay Rock Singer $2M in Case of Memphis Studio Arson, Court Says

Recording artist John Falls finally should see more than $2 million from a Hanover American insurance policy in the long-simmering case of an historic Memphis recording studio that was damaged in an arson fire and resulted in the studio owner …

Posted: Sep 29, 2025

Former Police Officers Convicted in Arson and Fraud Conspiracy

A federal jury found two former Maryland police officers guilty of wire fraud, arson and insurance and bank fraud. Philip James Dupree, of Pikesville and Mark Ross Johnson, Jr., of Camp Springs were found to have conspired with others to …

Posted: Sep 29, 2025

Plane That Overshot Virginia Runway Is Third Stopped By a Safety System This Month

No injuries were reported after a commercial regional jet overshot the designated touch down zone at a Virginia airport amid heavy rain last Wednesday night, but was stopped in a safety area at the end of the runway, officials said. …

Posted: Sep 29, 2025

The LA Fires Destroyed 11,000 Homes. Less Than 10% Have Permits to Rebuild

Of the thousands of residents needing to rebuild after this year’s California wildfires, Andy Weyman would seem especially well positioned. The TV and stage director had remodeled his Malibu home just five years earlier and had city-approved bl...

Posted: Sep 29, 2025

Fire Fund Helps Raise PG&E to Investment Grade Six Years After Bankruptcy

PG&E Corp., which filed for bankruptcy in 2019 following devastating blazes, was upgraded to investment grade by Fitch Ratings after the California legislature boosted the size of a fire insurance fund. The ratings agency attributed the upgrade t...

Posted: Sep 26, 2025

Korean Insurer DB to Buy Fortegra for $1.65 Billion in US Foray

South Korea’s DB Insurance Co. agreed to buy US specialty insurer Fortegra Group for $1.65 billion, in what would be the biggest US acquisition by a non-life insurer from the country. The Seoul-based company will purchase 100% of Fortegra&#8217...

Posted: Sep 26, 2025

Inszone Acquires Arkansas Best Insurance Agency

Inszone Insurance Services announced its expansion into Arkansas through the acquisition of Arkansas Best Insurance Agency, Inc., a long-standing independent agency based in Hot Springs, Arkansas. Founded in 1905, Arkansas Best Insurance Agency has p...

Posted: Sep 26, 2025

Part of Hospital’s Roof Ripped Off as Damaging Storms Hit Oklahoma

Storms carrying heavy rain and damaging winds ripped part of the roof off a hospital in eastern Oklahoma on Tuesday afternoon, forcing some patients to be evacuated, according to county officials. The Northeastern Health System hospital in Sallisaw h...

Posted: Sep 26, 2025

Lawsuit Alleges Ohio Officer Fatally Shot Pregnant Mother Without Proper Training

An Ohio police officer accused of shooting to death a pregnant Black mother two years ago was not trained or supervised properly, according to a federal lawsuit filed Wednesday against the police chief and the township that employed him. The …

Posted: Sep 26, 2025

Ohio Machine Shop Ordered to Pay Back $134K

The U.S. Department of Labor has obtained a default judgment requiring Akron, Ohio-based Markham Machine Co. Inc. and its owner to restore more than $134,000 to the company’s retirement plan after the company violated federal law. Entered by th...

Posted: Sep 26, 2025

Attorneys Urge Court Overseeing Tylenol Autism Lawsuits to Reconsider

Families appealing the dismissal of their lawsuits alleging that Kenvue’s Tylenol or generic versions of the pain-relief medication caused their children’s autism are asking an appeals court to consider President Donald Trump’s new...

Posted: Sep 26, 2025

Swiss Re Takes a Look at Hidden Behavioral Forces Behind Skyrocketing Jury Awards

The exponential growth of liability claims costs and social inflation in the United States, in part, is being driven by changing juror sentiment and shifts in societal norms, according to analysis from Swiss Re. “Liability claims costs in the U...

Posted: Sep 26, 2025

Judge Preliminarily Approves $1.5B Anthropic Copyright Settlement

A federal judge in California on Thursday preliminarily approved a landmark $1.5 billion settlement of a copyright class action brought by a group of authors against artificial intelligence company Anthropic, according to the authors’ represent...

Posted: Sep 26, 2025

Newman Named CEO of ACORD Solutions Group

ACORD announced that Chris Newman has been appointed chief executive officer of ACORD Solutions Group (ASG). Newman has led (re)insurance company operations across both the retail and specialty markets, including setting up operations in North Americ...

Posted: Sep 26, 2025

Donegal to Exit Farmowners Insurance, Sell Rights to $8 Million in Business to ECM

Donegal Insurance Group and ECM Insurance Group announced that ECM will acquire the renewal rights to Donegal’s entire book of farmowners insurance business in the states of Pennsylvania, Delaware, Virginia, Ohio and Indiana in 2026. The book r...

Posted: Sep 26, 2025

On North Carolina Rivers, Cleanup from Helene Seems Never-Ending

Bracing himself against the current in waist-deep water, Clancy Loorham wrestles a broken length of PVC pipe from the rocky bottom of the French Broad River and peers inside. “I got a catfish in the pipe,” the 27-year-old with wispy &#823...

Posted: Sep 26, 2025