Insurance Journal

Experian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches

Artificial intelligence continues to be at the center of Experian’s annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI makes its way into many of the predictions in Ex...

Posted: Jan 13, 2026

Florida Lawmakers Ready for Another Shot at Litigation Funding Limits

Florida property-casualty insurance leaders have said they are not expecting big changes from the Legislature’s 2026 regular session that begins today, given the much-touted impact that 2022 reforms have already had on excessive litigation cost...

Posted: Jan 13, 2026

Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement

The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against …

Posted: Jan 13, 2026

Judge Lets Orsted Resume Rhode Island Offshore Wind Project Halted by Trump

A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump’s administration halted along with four other projects last month. The ruli...

Posted: Jan 13, 2026

Ex-Insurance Agent Sentenced for 2 Fraud Counts Faces Additional Charges

A Baltimore County judge sentenced Michael C. Okolo, of Parkville, Maryland, to six months incarceration for two counts of insurance fraud and one count of obstruction of justice. A jury found Okolo guilty of those charges on December 4 last …

Posted: Jan 13, 2026

Experts Wary of Privacy, Liability From AI Health Gadgets at CES in Nevada

Health tech gadgets displayed at the annual CES trade show make a lot of promises. A smart scale promoted a healthier lifestyle by scanning your feet to track your heart health, and an egg-shaped hormone tracker uses AI to help …

Posted: Jan 13, 2026

FAA Notice Warned of Slackline Before Deadly Arizona Helicopter Crash

Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots to watch out for the temporary obstacle …

Posted: Jan 13, 2026

Sexual Assault Charges Dropped Against Former AIG Exec McElroy

Authorities in Vermont have dropped sexual assault charges against David McElroy, a former executive at American International Group (AIG). According to a document filed in Vermont Superior Court in Lamoille County, the state’s attorney for Lam...

Posted: Jan 13, 2026

Michigan Auto Industry Faces ‘a Critical Time,’ Report Says

Michigan needs to confront risks to its $348 billion piece of the global automotive industry this year and move decisively toward keeping jobs, engineering and production in the state. That message comes from Glenn Stevens, executive director of stat...

Posted: Jan 12, 2026

People Moves: Rockford Mutual Announces Leadership Transition

Rockford Mutual Insurance Company announced CFO Mark McWethy has decided to retire effective June 30, 2026. McWethy will continue to serve the company in an advisory capacity alongside two significant leaders being promoted into their new roles. Effe...

Posted: Jan 12, 2026

Texas Staffing Agency to Settle EEOC Disability Lawsuit

Peak Performers, incorporated as St. Vincent de Paul Rehabilitation Services of Texas, Inc., an Austin-based staffing agency providing staffing and recruitment services for workers with disabilities, agreed to pay $160,000 to a disabled former employ...

Posted: Jan 12, 2026

Texas Medical Marijuana Industry Sprouts New Businesses, Patients

After lawmakers blunted expansion for years, Texas’ medical marijuana industry is slated to see more marijuana operators coming online, current ones opening more facilities and more Texans enrolling in the program this year. In September, Texas...

Posted: Jan 12, 2026

Alliant Latest to Sue Howden US Over Alleged ‘Smash-and-Grab’ Poaching

Alliant Insurance Services is the latest to join a group of brokers suing new competitor Howden US over what it calls Howden’s “smash-and-grab” strategy to take teams from other brokers. The suit also names three former employees—Je...

Posted: Jan 12, 2026

Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources

Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and &#8...

Posted: Jan 12, 2026

Business Moves: Nexus Acquires Medical Tourism MGA; SRG Buys North of England Broker Kennett; Jenste...

Nexus Buys Medical Tourism MGA Sure Insurance Services Nexus Underwriting, the London-based MGA and a Brown & Brown subsidiary, announced it has acquired Sure Insurance Services, a leading provider of specialist solutions for the medical tourism...

Posted: Jan 12, 2026

Data Centers Will Need $3 Trillion Through 2030, Moody’s Says

At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings. Trillions of dollars will &...

Posted: Jan 12, 2026

Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns

Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for educatio...

Posted: Jan 12, 2026

SC Lab and CEO to Repay $6.8M in Kickback Scheme Exposed by Whistleblower

A South Carolina medical testing laboratory and its CEO have agreed to repay more than $6 million for allegedly paying kickbacks to doctors in return for boosting lab testing referrals. The settlement resulted from a civil lawsuit brought by a &#8230...

Posted: Jan 12, 2026

Rideshare Drivers Protest Robotaxis as California Considers More Regulations

Drivers for Lyft and Uber protested self-driving Waymo taxis in San Francisco on Friday, urging state regulators to exercise greater oversight of autonomous vehicles, given recent events in which the cars killed pets and blocked traffic. About two do...

Posted: Jan 12, 2026

South Carolina Measles Outbreak Grows, Spreads to NC and Ohio

South Carolina’s measles outbreak exploded into one of the worst in the U.S., with state health officials confirming 99 new cases in three days last week. The outbreak centered in Spartanburg County grew to 310 cases over the holidays, and &#82...

Posted: Jan 12, 2026

Delaware Reports Avian Flu in a Commercial Poultry Flock

Delaware officials announced Sunday that preliminary testing of a commercial broiler flock in Kent County has returned presumptive positive for avian influenza. The Delaware Department of Agriculture said it quarantined the affected premises, and the...

Posted: Jan 12, 2026

North Carolina May Lose $50M in Federal Funds Over Immigrant Trucker Licenses

North Carolina could lose nearly $50 million in federal funding if the state doesn’t revoke commercial driver’s licenses from immigrants who aren’t qualified to hold them after an audit uncovered problems, the U.S. Transportation De...

Posted: Jan 12, 2026

Markets/Coverages: Brit Launches Property Direct & Facultative in Bermuda

Brit Group Holdings Ltd. announced it will begin writing property direct & facultative business in Bermuda through Brit Re. This will see Brit Re write US and Global Property D&F from January, with a focus on US-based complex risks. Core &#82...

Posted: Jan 12, 2026

Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm

Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. In...

Posted: Jan 12, 2026

US Seizes Fifth Vessel Taken in Venezuela Blockade

The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday. The Olina, which according to public shipping database &#82...

Posted: Jan 12, 2026