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News Archives - Insurance Journal
China’s Hackers Use DeepSeek for Attacks, Researchers Say
Chinese hackers are ramping up attacks after integrating DeepSeek and other open-source artificial intelligence models into their operations, highlighting attackers’ ability to leverage basic AI tools to hit targets abroad. State-affiliated cyber groups more than doubled the amount of attacks …
POSTED AUGUST 25, 2026 11:37 AM |
Europe’s Record Heat Is Splitting Stock Winners From Losers
Even as Europe’s heat wave finally breaks, money managers say they’re still coming to terms with how climate change will affect their portfolios. Pictet Asset Management’s Katie Self says her firm has been fielding calls from clients about the risks …
POSTED AUGUST 25, 2026 11:25 AM |
New Zealand Insurance Industry Failing to Meet Māori Needs, Market Watchdog Says
New Zealand’s insurance industry is failing to consistently meet the needs of Māori, with affordability barriers and difficulties insuring collectively owned land leaving them less likely to have cover, according to a study by the market watchdog. The Financial Markets …
POSTED AUGUST 25, 2026 10:48 AM |
Japan’s Tokio Marine Eyes Insurer Suncorp as Preferred Takeover Target, FT Reports
Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the matter. Tokio Marine reviewed several takeover targets over the past …
POSTED AUGUST 25, 2026 9:56 AM |
Markets/Coverages: Classic Car Insurer OpenRoad Expands to 40 States
OpenRoad Insurance, a provider of specialized insurance for classic and collector vehicles and related coverages, said it is now licensed in 40 U.S. states, up from 35 since March. OpenRoad launched two years ago. The latest states added to OpenRoad …
POSTED AUGUST 25, 2026 5:49 AM |
Nuclear Verdicts Go Boom, Increase 40.7% in 2025
So-called “nuclear” verdicts did not subside in 2025. In fact, it was quite the opposite. According to a new report from strategic communications and research firm Marathon Strategies, there were nearly 200 verdicts resulting in an award of at least …
POSTED AUGUST 25, 2026 5:09 AM |
Kentucky High Court Recalculates Employer Attorney Fees, Recovery in Subrogation
A preschool’s insurance carrier is partly obligated to defend a child abuse negligence suit, despite alleged criminal acts. And an employer’s share of attorney fees must be deducted from the amount available from subrogation—not from the full settlement amount in …
POSTED AUGUST 25, 2026 5:02 AM |
Harvard to Pay $53 Million Settlement Over Body Parts Sold by Former Morgue Manager
Harvard Medical School says it agreed to pay $53 million to settle class action lawsuits by relatives of body donors whose remains were sold on the black market by its former morgue manager. Harvard Medical School Deans George Q. Daley …
POSTED AUGUST 25, 2026 5:00 AM |
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case
A federal judge has approved a $117.5 million data breach settlement against Comcast Cable Communications. The agreement represents one of the largest data breach settlement amounts and, with 31.7 million potential members, one of the largest classes in a data …
POSTED AUGUST 25, 2026 5:00 AM |
Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …
POSTED AUGUST 24, 2026 9:24 PM |
West News Archives - Insurance Journal
Los Angeles Faces Days of 100F Heat as Southwest Fire Risk Grows
Los Angeles is bracing for a lengthy heat wave as the weather system that’s cooked Texas expands westward and begins stripping moisture from Southern California’s terrain. Heat alerts stretch from Santa Barbara along California’s central coast to the U.S.-Mexico border …
POSTED AUGUST 24, 2026 9:24 PM |
People Moves: Alliant Adds Johnson as Northwest Employee Benefits Team VP
Elsje Johnson joined Alliant Insurance Services as vice president within its employee benefits group. The Idaho-based consultant has more than 25 years of experience in the healthcare industry, including over a decade advising associations, large employers, and national accounts on …
POSTED AUGUST 24, 2026 5:00 AM |
California Cancels Talks With Paramount Over Warner Bros Merger, NYT Reports
This story has been updated. An earlier version had indicated Paramount and California state officials were set to meet on Monday to discuss a potential settlement path. California’s Attorney General Rob Bonta canceled a meeting with Paramount Skydance representatives scheduled …
POSTED AUGUST 24, 2026 5:00 AM |
Storm-Battered Hawaii Faces Torrential Rain, Mudslide Threat
Hawaii’s Big Island is preparing for another round of flooding rain, roughly a week after Storm Lala washed out roads and damaged parts of the electrical grid. Another five to 10 inches of rain are expected through the weekend, with …
POSTED AUGUST 21, 2026 4:20 PM |
California Adopts Weaker Home Protection Rules as Wildfires Grow
A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they’re less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mandated by a 2020 …
POSTED AUGUST 20, 2026 3:23 PM |
Report Shows Growing Silicosis Epidemic Among Quartz Countertop Workers
Newswise — A new report documenting California’s rapidly growing silicosis epidemic among quartz countertop workers underscores the urgent need for a national effort focused on stronger surveillance, earlier diagnosis and policy interventions to protect workers from a preventable yet often …
POSTED AUGUST 20, 2026 5:00 AM |
Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million
RockRose Risk, an insurance brokerage specializing in wildfire zones, raised $12.5 million in a Series A funding round that was co-led by Crosslink Capital and Congruent Ventures, with participation from asset manager Nuveen. The San Francisco-based startup serves commercial property …
POSTED AUGUST 19, 2026 2:58 PM |
A $100 Million Mall Reopening Is a Sign of LA’s Uneven Fire Recovery
There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …
POSTED AUGUST 19, 2026 5:00 AM |
Meta Stares Down Trillion-Dollar Threat as Landmark Social Media Trial Begins
Meta Platforms Inc. is headed to court Tuesday for a high-stakes showdown with a coalition of state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. In a case that …
POSTED AUGUST 18, 2026 1:47 PM |
Lala Leaves One Dead in Hawaii With Heavy Rain, Wind to Come
One person has died as storm Lala continues to batter parts of Hawaii including the Big Island and Oahu, potentially bringing nearly three feet of rain and damaging winds to parts of the state Sunday after narrowly missing landfall. The …
POSTED AUGUST 18, 2026 7:00 AM |
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