Insurance Journal

Guillermo del Toro Almost Lost His Movie Memorabilia in California Wildfire

Many fled when wildfires devastated Los Angeles earlier this year, but Guillermo del Toro rushed back in, determined to save his lifelong collection of horror memorabilia. It’s the same loyalty that finds him making another tough decision to pr...

Posted: Sep 24, 2025

Root Insurance Expands Driving Behavior Product to Washington

Root Insurance has brought its driving behavior insuring pricing model to Washington in an expansion of its West Coast footprint. Root now offers its product to drivers in Washington, Oregon and California. Root’s model is designed to measure d...

Posted: Sep 23, 2025

Michigan Reaches Settlements With Paper Mill Over PFAS Contamination

Michigan Attorney General Dana Nessel has reached two settlement agreements with the current and past owners of a paper mill in White Pigeon, Michigan. The two settlements secure funding for response activities to address per- and polyfluoroalkyl sub...

Posted: Sep 23, 2025

Man Pleads Guilty to Setting Fires at 2 Minnesota Mosques

A man who set fires at two mosques in Minnesota in 2023 pleaded guilty to federal charges Wednesday, federal prosecutors said. Jackie Rahm Little, 38, admitted to one count of arson and one count of damage to religious property for …

Posted: Sep 23, 2025

AM Best Revises Credit Rating Outlook to Positive for Texas’ National Unity

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of National Unity Insuranc...

Posted: Sep 23, 2025

Parents Slam OpenAI, Character.AI Over Safety in Senate Hearing

The father of a teenager who died by suicide this spring delivered emotional congressional testimony, alleging OpenAI’s ChatGPT “groomed” his 16-year-old son to take his own life and the company prioritized speed and market share ov...

Posted: Sep 23, 2025

West Texas Wants to Sell Natural Gas to Power AI Data Centers, But Lacks Infrastructure

Big data centers that power the artificial intelligence industry demand an abundance of energy. West Texas — known for producing 40% of the nation’s crude oil — also has an extraordinary amount of natural gas that could power those data …

Posted: Sep 23, 2025

Bank of England’s Bailey Says AI Can Help Regulators to Find the ‘Smoking Gun’

Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry should use artificial intelligence to help them spot problems among the firms that they supervise. “I think we’...

Posted: Sep 23, 2025

Markets/Coverages: Tokio Marine Kiln Launches Enhanced Cyber Product Suite

Tokio Marine Kiln (TMK), the Lloyd’s specialist insurer, announced the launch of its enhanced “Cyber Ctrl” cyber product suite. This cyber risk solution features new products and wordings, including Professional Ctrl for technology,...

Posted: Sep 23, 2025

New Jersey Panel Issues Recommendations on Social Media Use by Teens

Students should be banned from using cell phones in school, parents should delay their child’s access to social media, and social media companies should restrict access for users younger than 16. Those are among the recommendations of the New J...

Posted: Sep 23, 2025

Banks Improperly Requesting Additional Insured Status – Part 2

Our friend, Christopher Boggs, Chief Consultant with Boggs Risk and Insurance Consulting, returns to respond to a great comment left on his recent post. He’ll tell you more below. Happy reading. Several days ago I published an article entitled,...

Posted: Sep 23, 2025

Chinese Regulator Summons ByteDance, Alibaba’s Platforms Over Content Violations

China’s cyberspace regulator summoned ByteDance’s news platform Toutiao and Alibaba’s internet browser operator UCWeb over content violations, making them the latest companies to be targeted by a government crackdown on user behavio...

Posted: Sep 23, 2025

[Video] In Construction, Labor Shortages Now Compounded by Tariff Concerns

Nationwide may not have felt much change in the construction sector during the first half of 2025, but there are now some signs of shifting due to the unknowns of tariffs. “[We’re] definitely started to see a little of the …

Posted: Sep 23, 2025

Trump Warns Against Tylenol in Pregnancy Over Unproven Autism Fears

The Trump administration linked Tylenol to autism and urged pregnant women to avoid the common pain medication despite the lack of widely accepted scientific evidence supporting the risk. “So taking Tylenol is not good — I’ll say it — it&...

Posted: Sep 23, 2025

Hong Kong Braces for Fierce Winds as Super Typhoon Nears

Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon is packing top sustained winds of 220 &#8230...

Posted: Sep 23, 2025

Update: Hong Kong Braces for Fierce Winds as Super Typhoon Nears

Hong Kong is facing a night of destructive winds and drenching rain as Super Typhoon Ragasa tracks toward the financial hub, potentially becoming the most damaging storm since Mangkhut in 2018. The typhoon weakened slightly on Tuesday as it moved &#8...

Posted: Sep 23, 2025

7 Types of Agents Scorching Your Agency P&L

Producer licensing has been messy for so long that it’s hard to imagine a future state that’s easier on agency profits and losses (P&L). For agencies that have automated compliance with purpose-built insurance software, one of the fir...

Posted: Sep 23, 2025

Europe Airport Chaos Highlights Rise in High-Profile Ransomware Attacks: Cyber Experts

Cybercriminals are taking greater risks by hitting high-profile targets to get bigger payoffs and boost their online reputational clout, cybersecurity experts said, after a weekend hack crippled airport check-in systems across Europe and stranded tho...

Posted: Sep 23, 2025

Drones That Shut Copenhagen Airport Flown by ‘Capable Operator’: Danish Police

Danish police said on Tuesday that drones that shut the country’s main airport a day earlier appeared to have been flown by “a capable operator” seeking to demonstrate certain abilities, adding that no suspects had been identified....

Posted: Sep 23, 2025

Update: Denmark Links Drones at Copenhagen Airport to Hybrid Attacks Across Europe

Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime...

Posted: Sep 23, 2025

Denmark Links Drones at Copenhagen Airport to Hybrid Attacks Across Europe

Denmark said drones that halted flights at its main airport on Monday were the most serious attack yet on its critical infrastructure and linked them to a series of suspected Russian drone incursions and other disruptions across Europe. Danish Prime...

Posted: Sep 23, 2025

Shippers Warn Net Zero Plan Could Cost Over $300 Billion by 2035

A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on the industry. The IMO, shipping’s global regulator, has set a goal of net zero for shipping by mid-c...

Posted: Sep 23, 2025

NC Postal Worker Pleads to Lying About Work While Gaining $500K in Benefits

A 74-year-old former postal worker in North Carolina is facing up to five years in prison after pleading guilty to falsifying information about her post-injury employment and costing the federal workers’ compensation program as much as $500,000...

Posted: Sep 23, 2025

Judge Clears Florida Officer in Shooting of UPS Driver, Citing ‘Stand Your Ground’

A South Florida judge cleared a police officer of wrongdoing in the shooting death of a UPS driver who had been taken hostage during a 2019 robbery. Broward Circuit Judge Ernest Kollra ruled that Jose Mateo, who had been charged …

Posted: Sep 23, 2025

Two More HO Insurers Join Florida Market, One Led by Former Metromile CEO

Florida regulators have approved two new homeowner insurance companies, one led by a San Francisco tech entrepreneur and former head of Metromile auto insurance company. “I focus on companies that can successfully use machine learning and stati...

Posted: Sep 23, 2025