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News Archives - Insurance Journal
US Weighs Antitrust Guidance on AI Safety, Top DOJ Official Says
The Trump administration is considering whether to update interagency antitrust guidance on cybersecurity to address a new wave of threats posed by artificial intelligence, according to Associate US Attorney General Stanley Woodward. At an event in New York on Sept. …
POSTED SEPTEMBER 21, 2026 1:20 PM |
Bankers Hit EU Privacy Wall in Race to Stem Evolving Climate-Related Credit Risk
Banks under pressure from European regulators to manage extreme weather risks are bumping up against client data-privacy barriers that are complicating efforts to guard against losses. In countries at the epicenter of Europe’s latest heat waves, banks are now privately …
POSTED SEPTEMBER 21, 2026 1:04 PM |
New York Upgrades Systems to Better Predict Floods and Water Supplies
New York is upgrading its statewide system that helps communities better understand and predict flooding so that they can reduce the associated risks. FloodSafe NY is a partnership between the state’s Department of Environmental Conservation (DEC) and the U.S. Geological …
POSTED SEPTEMBER 21, 2026 12:48 PM |
AI Adoption Is Driving Hiring, but Mostly for Senior Roles
Companies using artificial intelligence are adding more jobs than those that aren’t, but those gains sharply favor senior employees over junior workers, according to a new study spanning 41 countries. The number of employees in senior positions rose by 6.7% …
POSTED SEPTEMBER 21, 2026 10:25 AM |
Tech Update: Mosaic Launches AI-Enabled Digital Underwriting System for SMEs
Mosaic Insurance, the Bermuda-based insurer, launched a digital underwriting system designed to quickly bring complex specialty products to the small and midsize enterprise (SME) market. The AI-powered initiative, called HALO, combines broker trading activity, underwriting decisions, and portfolio outcomes in …
POSTED SEPTEMBER 21, 2026 9:44 AM |
El Niño and Heat Fuel Destructive Storms Across Pacific Ocean
A strengthening El Niño is stirring up a dangerous mix of typhoons and hurricanes across the Pacific, fueling storms that have killed hundreds, disrupted trade and caused billions of dollars in damage. Across the western Pacific, that burst of activity …
POSTED SEPTEMBER 21, 2026 9:17 AM |
Insurance Australia Says Greensill Settlement Isn’t Finalized
Insurance Australia Group Ltd. said a settlement of proceedings brought by Credit Suisse entities over Greensill trade credit insurance policies hasn’t been finalized. “IAG does not comment on confidential discussions between parties to litigation, however a settlement has not been …
POSTED SEPTEMBER 21, 2026 9:03 AM |
France’s CNP Assurances Weighs Takeover Offer for Coface
French life insurer CNP Assurances SA is exploring a potential takeover of Coface SA, people with knowledge of the matter said. CNP, which is owned by state-backed La Banque Postale, is working on an offer for the credit insurer, said …
POSTED SEPTEMBER 21, 2026 8:48 AM |
Trump Says He Will Appoint a New AI Adviser, Without Providing Details
U.S. President Donald Trump said in a social media post on Saturday that he plans to appoint a new artificial intelligence adviser, known as an “AI czar,” and create an “AI force,” though he did not provide details about either …
POSTED SEPTEMBER 21, 2026 5:19 AM |
FEMA’s New Flood Maps Means More Homes Require Flood Insurance: Cotality
New changes to FEMA’s flood maps means that thousands more residential properties are now located within the high-risk Special Flood Hazard Area (SFHA), according to a Cotality alert. Within more than 100 communities across 12 states, homeowners must comply with …
POSTED SEPTEMBER 21, 2026 5:12 AM |
West News Archives - Insurance Journal
Screwworm Reappears in New Mexico Ahead of Port Reopening
The New World screwworm resurfaced in New Mexico just as a major gateway for Mexican cattle imports is poised to open in the state. The parasite, which infests the wounds of livestock, was confirmed Thursday in a horse in New …
POSTED SEPTEMBER 21, 2026 5:00 AM |
Gavin Newsom Visits South Carolina During Tour of Southern States
California Gov. Gavin Newsom issued an executive order on Friday pushing to implement guardrails on artificial intelligence in the state that’s the epicenter of the technology’s boom. Newsom is ordering a working group to provide a guide in two months …
POSTED SEPTEMBER 21, 2026 5:00 AM |
Heat Sears Central US This Weekend as Hawaii on Flood Watch
Heat will continue to sear the Great Plains and central Mississippi Valley this weekend, as well as pushing into Texas, Oklahoma and even the eastern US, prompting the nation’s largest grid operator to call on customers to conserve energy. Dallas …
POSTED SEPTEMBER 18, 2026 3:41 PM |
Driver Arrested in Bus Collision Occurring Before Deadly News Chopper Crash in LA
A motorist was arrested on murder charges after authorities say she slammed her SUV into a city bus in Los Angeles, killing at least two people and injuring six others in a prelude to a second deadly tragedy: the fiery …
POSTED SEPTEMBER 18, 2026 1:55 PM |
Hawai’i Employers’ Mutual Giving $5M Divided to Policyholders
Hawai’i Employers’ Mutual Insurance Company Inc. is returning $5 million to qualifying policyholders this year, a move that the workers’ compensation insurer said marks the 20th consecutive annual dividend declared by its board. This payout also matches the largest dividend …
POSTED SEPTEMBER 18, 2026 5:00 AM |
People Moves: Burns & Wilcox Promotes Carvalho to Regional Vice President
Burns & Wilcox promoted Tom Carvalho to regional vice president. The promotion is effective Oct. 1. Carvalho will oversee Burns & Wilcox operations in Portland, Oregon; Seattle, Washington; and San Francisco, Sacramento and Fresno, California. He will report to Rich …
POSTED SEPTEMBER 18, 2026 5:00 AM |
California Insurance Commissioner Proposes End to Marital Status Use in Auto Rates
California Insurance Commissioner Ricardo Lara is proposing changing regulations to prohibit insurance companies from using a driver’s marital status as an optional factor when setting private passenger automobile insurance rates. Related: California Governor Signs Act to Create Smoke Damage Presumption …
POSTED SEPTEMBER 17, 2026 5:00 AM |
Arthur J. Gallagher Acquires Innovise Business Consultants
Arthur J. Gallagher & Co. acquired Englewood, Colorado-based McMillan Insurance & Bonding Inc., dba Innovise Business Consultants. The Innovise Business Consultants team, led by Jason McMillan, will relocate to Gallagher’s Denver office under the direction of Bret VanderVoort, head of …
POSTED SEPTEMBER 17, 2026 5:00 AM |
TV News Helicopter Crash in Los Angeles Kills Three People
Three people were killed and one injured when a TV news helicopter crashed between two commercial buildings in the Chatsworth neighborhood of Los Angeles, the city’s fire department said. The helicopter was providing coverage for KNBC and Telemundo 52, the …
POSTED SEPTEMBER 16, 2026 1:59 PM |
Keystone Enters California With Acquisition of Infinity
Keystone acquired Infinity Assurance Group in Orange County, California. The deal marks Keystone’s first platform partner in California. IAG will continue to operate under its current leadership, with John Kookootsedes, founder and chairman, and Eric Doll, CEO, continuing at the …
POSTED SEPTEMBER 16, 2026 5:00 AM |
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