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News Archives - Insurance Journal
Viewpoint: AI Doesn’t End the Rite of Passage; the Grind Wasn’t the Teacher
A few years ago, the industry’s biggest worry was how to recruit enough talent to fill the gaps and prepare for the future of insurance. We talked endlessly about how to make insurance look interesting to people coming out of …
POSTED OCTOBER 15, 2026 5:20 AM |
Eight States Sue OpenAI, Claiming ChatGPT Harms Children
A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its users — including teenagers — to …
POSTED OCTOBER 15, 2026 5:19 AM |
People Moves: Marsh Hires Meta’s Risk Manager for New Role
Marsh said Michael Crowley has joined the firm as senior enterprise risk advisor for digital infrastructure. In this newly created role, Crowley will help digital infrastructure clients manage risk and build resilience throughout the full lifecycle of their projects, from …
POSTED OCTOBER 15, 2026 5:19 AM |
Judge Won’t Block Trump Order Targeting DEI by Federal Contractors
A federal judge declined on Wednesday to block an effort by President Donald Trump to eliminate diversity, equity and inclusion initiatives by companies that do business with the US government. US District Judge Adam Abelson in Baltimore, Maryland, said that …
POSTED OCTOBER 15, 2026 5:07 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 |
Cornell Suspends Fraternity Parties, Gives State Police Role in Investigating Assaults
Cornell University suspended parties at fraternity houses until next year and is giving state police a role in investigating reports of sexual assault on campus in the school’s latest response to outrage over its handling of a gang rape allegation. …
POSTED OCTOBER 15, 2026 5:00 AM |
Luxury NYC Co-Op Sued Over ‘Commandeered’ Central Park Terrace
The Sherry-Netherland was sued by a unit owner who claims construction has shrouded her Central Park-facing terrace in scaffolding for the past six years. Lucia Isabel Alonso Espinosa said in a lawsuit filed Friday that the storied Fifth Avenue co-op …
POSTED OCTOBER 15, 2026 5:00 AM |
Container Ship Sinks in Strait of Hormuz as Attacks Ramp Up
A cargo ship sank in the Strait of Hormuz after a strike that sparked a fire and the evacuation of crew members, the Maritime and Port Authority of Singapore said. The GFS Pride was damaged in a strike by “unknown …
POSTED OCTOBER 15, 2026 4:49 AM |
Nvidia Pledges $250 Million to UK AI Safety Research
US chipmaker Nvidia has pledged $250 million worth of computing resources to Britain over five years, to fund AI security research, bolstering the country’s ambitions to become a global center for AI governance and security. While Britain is not home …
POSTED OCTOBER 15, 2026 4:31 AM |
West News Archives - Insurance Journal
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 |
Edison Drops on Willful Misconduct Allegations in Eaton Fire Case
Edison International shares fell over 3% on Tuesday after short seller Muddy Waters said it had uncovered new information suggesting the utility acted with “conscious” or “willful” disregard in the Eaton Fire. Related: Southern California Edison Chief Warns Wildfire Impasse …
POSTED OCTOBER 13, 2026 7:11 PM |
Las Vegas Business Owner Pleads Guilty in Staged Armed Robbery Fraud Scheme
A Las Vegas business owner pleaded guilty to arranging a fake armed robbery of his cellphone repair store to collect an insurance payout. Erwin Lanada, owner of CPR Cellphone Repair, pleaded guilty to one count of mail fraud. According to …
POSTED OCTOBER 13, 2026 3:26 PM |
Homebuyers in Wildfire-Prone Areas Get Better Mortgage Deals Online
As climate change increases the threat of destructive wildfires, traditional mortgage lenders are making it harder or more expensive to secure a home loan in fire-prone parts of California. Online lenders are behaving differently. Fintech lenders — companies that originate …
POSTED OCTOBER 13, 2026 5:00 AM |
PG&E Warns of Possible Weekend Power Shutoffs Amid Windy California Weather
PG&E Corp. is warning that it may shut off power to some customers in northern California this weekend as dry winds elevate the risk of wildfires. California’s biggest utility may switch off power in as many as seven counties north …
POSTED OCTOBER 09, 2026 5:00 AM |
California Workers’ Comp Combined Ratio Highest in More Than 20 Years
The projected combined ratio for California workers’ compensation insurers reached 127% in 2025, the highest in more than 20 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report, which delves …
POSTED OCTOBER 08, 2026 6:00 PM |
Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
Where there’s smoke there’s fire, but is the reverse true? The presumption in California could be that it is. One fallout from the plague of wildfires that struck California in recent years is that smoke claims became a bigger issue …
POSTED OCTOBER 08, 2026 5:00 AM |
Don’t Sweat the Heatwave, El Niño Is Cooking up Some Raucous Weather for California
Most of the attention on California’s weather is focused right now on an unusual October heat wave with triple-digit temperatures in some areas, but talk of “atmospheric rivers” bringing crashing waves, pounding rain and snow by the feet to the …
POSTED OCTOBER 07, 2026 11:00 AM |
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