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News Archives - Insurance Journal
A Timeline of Developments in AI Safety Since the Attack on Hugging Face In one alarming announcement after another, artificial intelligence companies in recent months have shared examples of their technology acting in ways that appeared to evade instructions from humans. The episodes have highlighted the vulnerabilities in AI security and raised questions …
POSTED OCTOBER 09, 2026 5:36 AM |
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered …
POSTED OCTOBER 09, 2026 5:05 AM |
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a licensed carrier, a reinsurance panel and, increasingly, …
POSTED OCTOBER 09, 2026 5:05 AM |
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules Authorities are cracking down on the latest teenage craze wreaking havoc in communities across the US: e-bikes. Police were called when dozens of e-bikes and e-motos swarmed the streets of Bend, Oregon, on a recent afternoon. In Orange County, California, …
POSTED OCTOBER 09, 2026 5:04 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 |
AI Insiders Voice Alarms to NYC Council as Local Governments Take Up Safety Concerns Artificial intelligence insiders warned New York City’s leaders about the dangers of the emerging technology on Monday, calling for greater oversight as local governments move to respond to mounting concerns that the systems could endanger humanity. At a hearing of …
POSTED OCTOBER 09, 2026 5:00 AM |
Alliant Insurance Acquires New Hampshire’s Melcher & Prescott California-based specialty insurance broker Alliant Insurance Services has expanded its presence in New England through the acquisition of Melcher & Prescott, a long-time independent insurance agency in Laconia, New Hampshire. Founded in 1862, Melcher & Prescott provides commercial insurance, employee …
POSTED OCTOBER 09, 2026 5:00 AM |
Army Report Cites Systematic Failures in 2025 Helicopter and Jet Collision That Killed 67 The collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport last year that killed 67 people was the result of several systemic failures, according to a US Army investigative report …
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 |
Ohio Contractor Sued for for Alleged Incomplete Home Improvements Ohio Attorney General Andy Wilson is suing a home-improvement contractor in southwestern Ohio accused of charging consumers for services that were not completed or, in some cases, even started. Wilson’s lawsuit alleges that Cincinnati-based Quincy Barrett and his company, Crown …
POSTED OCTOBER 08, 2026 4:38 PM |
West News Archives - Insurance Journal
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 |
Corgi Insurance Launches Fine Arts, Sports and Entertainment Coverage San Francisco-based Corgi Insurance has launched fine arts coverage for individuals and businesses, and it introduced Golden by Corgi, a sports and entertainment insurance platform offering coverage through its surplus lines carrier. The fine arts coverage protects eligible artwork and …
POSTED OCTOBER 07, 2026 5:00 AM |
ICW Group Expands Commercial Lines Portfolio in California ICW Group Insurance Companies is launching five commercial lines for California businesses to complement the company’s workers’ compensation offering. The company is now accepting submissions for policies effective Jan. 1, 2027, and beyond. The new offerings include commercial property, general …
POSTED OCTOBER 06, 2026 12:37 PM |
People Moves: Alchemy Names Peck President, Personal Lines, West; Ring Joins Leavitt United Insurance Services as SVP Alchemy Insurance Solutions Names Peck President, Personal Lines, West Alchemy Insurance Solutions LLC named Michael Peck president, personal lines, Western region. Peck will lead Alchemy’s underwriting strategy and growth across the Western U.S., with a focus on high net worth …
POSTED OCTOBER 06, 2026 5:00 AM |
San Diego Sues AppLovin Over Explicit Ads Shown to Kids’ Devices San Diego County has filed a lawsuit against mobile advertising technology company AppLovin Corp., alleging that it bypassed parental controls to serve ads for adult dating services, alcohol, vaping and graphic sexual content in games played by children. AppLovin, which …
POSTED OCTOBER 06, 2026 5:00 AM |
PG&E Files 10-Year Plan to Underground 5,000 Miles of Power Lines in California PG&E filed a 10-year Electrical Undergrounding Plan with the California Office of Energy Infrastructure Safety, to improve grid safety and reliability in high-wildfire-risk areas across northern and central California. Separately, PG&E Corp. said in early September that it plans to …
POSTED OCTOBER 05, 2026 5:00 AM |
Justice Department Finds Racial Discrimination in UCLA Law Admissions A U.S. Department of Justice investigation found UCLA School of Law discriminated against white and Asian applicants in admissions for its 2023, 2024 and 2025 incoming classes. The department’s Civil Rights Division said the admissions practices violated Title VI of …
POSTED OCTOBER 05, 2026 5:00 AM |
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