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News Archives - Insurance Journal
AI Tool That Hacked Korean Banks Was Used in Japan: Security Firm
The hackers who recently infiltrated some of Japan’s biggest companies used an AI tool developed in China and linked to a rash of breaches at South Korean banks last month, according to a Tokyo-based internet security firm. Researchers confirmed that …
POSTED OCTOBER 20, 2026 1:45 PM |
People Moves: Virginia Workers’ Comp Commission Names 2 Deputy Commissioners
The Virginia Workers’ Compensation Commission named two new deputy commissioners, Adam L. Katz and Jason A. Mullins. Both Katz and Mullins will serve as administrative law judges under the Virginia Workers’ Compensation Act and hold evidentiary hearings. Since 2010, Deputy …
POSTED OCTOBER 20, 2026 1:35 PM |
California Group Off the Hook for Defamation Suit Brought by Maine Lobster Industry
The First Circuit Court of Appeals has dismissed a defamation lawsuit by Maine lobster interests against a California environmental group that urged the public to avoid eating North American lobster because, the group alleged, lobster fishing poses a risk to …
POSTED OCTOBER 20, 2026 1:29 PM |
Bank of England Considers Stress Testing AI’s Effect on the Financial Sector
While the Bank of England is busy stress testing the UK’s private markets, another threat is looming in the minds of regulators. Turmoil caused by artificial intelligence is among the options being discussed for the BOE’s next system-wide exploratory scenario, …
POSTED OCTOBER 20, 2026 1:24 PM |
French Unrest Tapers Off After Security Measures Imposed
French protests largely died down after authorities rolled out tougher security measures, including targeted curfews, following cost-of-living protests over the weekend that degenerated into violence, vandalism and looting.An 11 p.m. curfew was put in place in a few areas of …
POSTED OCTOBER 20, 2026 12:40 PM |
US Banning Chinese AI DeepSeek From Government Agency IT Systems
The US Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from US civilian agency IT systems, according to a notice published Oct. 19. The department is also banning acquisition of …
POSTED OCTOBER 20, 2026 12:04 PM |
Supreme Court to Weigh Case Over Race and School Admissions
The US Supreme Court agreed to consider making it easier to challenge public school admissions policies as racially discriminatory in a fresh test of educational diversity efforts. The justices said Monday they will consider reviving a lawsuit that claims Maryland’s …
POSTED OCTOBER 20, 2026 5:09 AM |
Florida OIR Marks End to American Mobile, Which Briefly Served Stressed MH Market
Six years after it launched and two years after it exited the distressed Florida market, American Mobile Insurance Exchange has officially lost its authority to operate. Florida Insurance Commissioner Mike Yaworsky announced Monday, Oct. 19, that he had forced the …
POSTED OCTOBER 20, 2026 5:02 AM |
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
IT services company DXC Technology is in advanced talks to sell its insurance software and services division to private investment firm Eldridge Industries for about $2.4 billion, according to people familiar with the matter. Eldridge is discussing combining the business …
POSTED OCTOBER 20, 2026 5:00 AM |
Washington Commissioner Fines Insurers, Producers $495,200
Washington Insurance Commissioner Patty Kuderer’s office reported fines totaling $495,200 against insurance companies, agencies and producers for insurance law violations between April and August. The two largest fines were against USAA Casualty Insurance Co. and Allstate Vehicle and Property Insurance …
POSTED OCTOBER 20, 2026 5:00 AM |
West News Archives - Insurance Journal
Washington Commissioner Fines Insurers, Producers $495,200
Washington Insurance Commissioner Patty Kuderer’s office reported fines totaling $495,200 against insurance companies, agencies and producers for insurance law violations between April and August. The two largest fines were against USAA Casualty Insurance Co. and Allstate Vehicle and Property Insurance …
POSTED OCTOBER 20, 2026 5:00 AM |
California Adds Voluntary Review Before Insurers File Rate Applications
Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on …
POSTED OCTOBER 19, 2026 6:30 PM |
‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …
POSTED OCTOBER 19, 2026 2:36 PM |
California Hybrid Market Share Hits Record as EV Registrations Decline
Hybrid vehicles accounted for a record 22.8% of new vehicle registrations in California through the first nine months of the year, a new report shows. However, the Q3 2026 California Auto Outlook, published by Auto Outlook Inc. for the California …
POSTED OCTOBER 19, 2026 5:00 AM |
Compass Files Suit Over California Home Listing Service Rules
Compass Inc., the top U.S. broker for residential properties, sued California’s largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale. The federal court suit filed Friday …
POSTED OCTOBER 19, 2026 5:00 AM |
Burned by Fire, Malibu’s Million-Dollar Mansions Face a New Threat: El Niño
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …
POSTED OCTOBER 16, 2026 3:36 PM |
Lemonade Launches Renters Insurance in Hawaii
Lemonade is offering renters insurance in Hawaii. The company’s renters policies are available through its app, where customers can get quotes, purchase and update policies and file claims. Lemonade said about 40% of renters claims are handled instantly. The company …
POSTED OCTOBER 16, 2026 5:00 AM |
California Fire Danger Has Utilities Set for Broad Shutoffs
More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With drying winds forecast to blow through much of the state through …
POSTED OCTOBER 15, 2026 5:00 AM |
SageSure One Expanding California Homeowners Coverage
SageSure One is expanding its California homeowners insurance offerings. The new product, from Olympus Insurance Co., provides up to $20 million in total insurable value. The non-admitted HO5 homeowners product is designed for higher-value California homes, with coverage beginning at …
POSTED OCTOBER 15, 2026 5:00 AM |
Napa Wildfire Study Eyes Funding Prevention, Improving Insurance Availability
A new report looks into how to put more resources into prevention before a wildfire strikes, maintain resilience and direct new investment where it can deliver the greatest value using Napa, California as a case study. The Napa County wildfire …
POSTED OCTOBER 14, 2026 5:00 AM |
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