Insurance Journal

Insurance Broker Stocks Sink as AI App Sparks Disruption Fears

US insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry facing disruption. The S&P 500 Insurance index close...

Posted: Feb 10, 2026

Singapore Says Cyber Espionage Group Targeted Telco Infrastructure

Singapore’s four telecom companies, Singtel, StarHub, M1, and Simba Telecom, were targeted by cyber espionage group UNC3886 in attacks last year, Singapore’s Cyber Security Agency said on Monday. The agency said the hackers were able to p...

Posted: Feb 10, 2026

S. Korea Blames Coupang Data Breach on Management Failure, Not Sophisticated Attack

South Korean officials blamed a massive data leak last year at Coupang on management failure, rather than a sophisticated cyberattack, and urged the e-commerce giant to fix vulnerabilities in its security systems. Announcing the first findings of a g...

Posted: Feb 10, 2026

Markets/Coverages: MGA Helix Launches London Property Offering With PartnerRe

Helix Underwriting Partners Bermuda, the multi-line independent managing general agent, announced the launch of its London property offering, Helix International, which has been trading since the start of the year, in partnership with PartnerRe Insur...

Posted: Feb 10, 2026

5 Lessons from INTRConnect 2026 on How to Maximize Your Impact in Property Insurance

As advanced technology permeates every facet of society, human empathy has emerged as the ultimate differentiator in customer experience—particularly within the people-driven property insurance industry. At the Cotality™ INTRConnect® 2026 conference,...

Posted: Feb 10, 2026

China’s Nio Recalls Record 246,229 Cars Over Software Problem

China’s Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March...

Posted: Feb 10, 2026

Methven to Succeed Millaire as CyberCube CEO

CyberCube has named Chris Methven its new CEO, replacing Pascal Millaire, who has been the leader of the cyber risk modeling and analytics company since it has operated as a standalone company. Methven has been Cyber Cube’s chief growth officer...

Posted: Feb 10, 2026

People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Ma...

Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built an...

Posted: Feb 10, 2026

Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again

Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker s...

Posted: Feb 10, 2026

Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack

Rhode Island-based Beacon Mutual Insurance Co. has experienced a data breach caused by a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it recei...

Posted: Feb 10, 2026

Colorado Funeral Home Owner Who Abused Corpses Got 40 Years

A Colorado funeral home owner who stashed 189 decomposing bodies in a building over four years and gave grieving families fake ashes was sentenced to 40 years in state prison. During the sentencing hearing, family members told Judge Eric Bentley &#82...

Posted: Feb 10, 2026

Colorado Funeral Home Owner Who Abused Corpses Gets 40 Years in Prison

A Colorado funeral home owner who stashed 189 decomposing bodies in a building over four years and gave grieving families fake ashes was sentenced to 40 years in state prison. During the sentencing hearing, family members told Judge Eric Bentley &#82...

Posted: Feb 10, 2026

Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement

Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude oil on the 22,000-acre property. The sale of Ashley Watt’s Antina Ranch …

Posted: Feb 10, 2026

Musk’s Underground Vegas Tunnels Scrutinized for Safety, Environmental Concerns

Elon Musk’s “Vegas Loop,” a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations. Lawma...

Posted: Feb 10, 2026

Rising Fire Risk Prompts Utilities to Deliberately Cut Power

States in the U.S. West are grappling with an unusually warm, arid winter that is ramping up fire risk in some areas, driving utilities to take drastic precautions, including sometimes shutting off the power in a bid to keep their …

Posted: Feb 10, 2026

Man Convicted for Role in Commercial Learner’s Permit Scam Using Bluetooth

A Massachusetts man was convicted last week in federal court in Boston for engaging in a scheme in which he provided an applicant with the answers to the state’s commercial drivers learner’s permit exam. Frank Castro was convicted of unla...

Posted: Feb 10, 2026

Man Convicted in Commercial Learner’s Permit Scam Using Bluetooth

A Massachusetts man was convicted last week in federal court in Boston for engaging in a scheme in which he provided an applicant with the answers to the state’s commercial drivers learner’s permit exam. Frank Castro was convicted of unla...

Posted: Feb 10, 2026

People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to...

Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson...

Posted: Feb 09, 2026

Kansas Jury Awards $8M to Family of Teen Who Died at Juvenile Intake Center

Jurors have awarded $8.3 million to the family of a Kansas foster teen who died in 2021 after he was held facedown for 39 minutes in a juvenile intake center while in the throes of a mental health crisis. Five …

Posted: Feb 09, 2026

Giant Snails and Tiny Insects Threaten Rice and Crawfish Farms

Josh Courville has harvested crawfish his whole life, but these days, he’s finding a less welcome catch in some of the fields he manages in southern Louisiana. Snails. Big ones. For every crawfish Courville dumps out of a trap, three …

Posted: Feb 09, 2026

Social Networks Face Big Tobacco Moment Over Addiction Claims

Facebook, Google and other tech giants for more than a decade have rejected allegations that they build products deliberately to get kids addicted to social media. For the first time, company executives, including Meta Platforms Inc. Chief Executive...

Posted: Feb 09, 2026

Family of Still-Missing Texas Camper Sues to Shut Down Camp Mystic

The family of an 8-year-old girl who remains missing after being swept away by Hill Country flooding that struck Camp Mystic last summer is suing its owners and demanding a judge prevent its reopening. The 100-page lawsuit, filed by Catherine …

Posted: Feb 09, 2026

CNA Q4 Underwriting Results Drop 6.2%

Fourth quarter 2025 net income at CNA Financial shot up to $302 million compared with $21 million the prior year quarter. Results, CNA, said, included a $290 million benefit from a pension settlement transaction. The underwriting gain for CNA’s...

Posted: Feb 09, 2026

Mississippians Without Power for Two Weeks After Winter Storm

Nearly two weeks after an ice storm knocked out power to her home, Barbara Bishop still finds herself trying to flip the lights on and looking in her fridge for food that has since spoiled. Bishop, 79, and her 85-year-old …

Posted: Feb 09, 2026

EEOC Files to Get NAPA Auto to Comply in Hiring Investigation

The Equal Employment Opportunity Commission (EEOC) last week filed documents in federal court to compel NAPA Auto Parts to comply with a subpoena. Back in May 2024, the EEOC filed a change under Title VII of the Civil Rights Act …

Posted: Feb 09, 2026