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News Archives - Insurance Journal
US Cyber Agency Is Using Anthropic’s Mythos to Audit Government Code: Sources
The U.S. cyber defense agency CISA is using Anthropic’s AI model Mythos to audit government software, three people familiar with the matter said on Monday, another sign of government enthusiasm for adopting the AI startup’s tools even as the company …
POSTED JULY 07, 2026 12:55 PM |
Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EU
Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. The European Banking Authority is currently developing ways to measure the financial impact of extreme heat, a spokesperson for the Paris-based …
POSTED JULY 07, 2026 12:38 PM |
CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea
CFC, the London-based specialist MGA, announced the appointment of Adam Winslow as group chief executive officer. The current Group CEO Louise O’Shea, who has served for nearly six years, first as independent non-executive and latterly as CEO, will be stepping …
POSTED JULY 07, 2026 12:09 PM |
Update: Qatari LNG Ship Struck in Strait of Hormuz, Testing US Talks
A Qatari liquefied natural gas carrier was hit and a laden Saudi oil tanker suffered damage as they exited the Strait of Hormuz, heightening unease among shipowners and testing a US-Iran agreement to halt attacks. The Al Rekayyat gas carrier …
POSTED JULY 07, 2026 11:42 AM |
New York City Reports Cases of Legionnaires’ Disease Rise to 23
The New York City Health Department reported last evening that the number of cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville has risen to 23, with 17 people being hospitalized. The city reports …
POSTED JULY 07, 2026 11:31 AM |
Massachusetts High Court: Regulator Must Explain 14.6% Workers’ Comp Rate Cut
“As our high school mathematics teachers reminded us: you need to show your work. That is true for the commissioner’s calculations as well.” With that admonition, the Massachusetts Supreme Judicial Court criticized and returned the 2024 and 2025 workers’ compensation …
POSTED JULY 07, 2026 11:12 AM |
Louisiana Order Suspends Insurance Cancellations After Tropical Storm Arthur
Louisiana Insurance Commissioner Tim Temple has issued an emergency rule suspending insurance cancellations and non-renewals in certain parishes as the state recovers from Tropical Storm Arthur. Emergency Rule 50 states that insurers refrain from issuing any notice of cancellation, notice …
POSTED JULY 07, 2026 9:00 AM |
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit
Farmers Insurance has agreed to pay $2.87 million to settle a class action lawsuit alleging a Texas insurance agent sent unsolicited calls and texts in violation of the federal Telephone Consumer Protection Act. The class action alleges that Todd Henderson …
POSTED JULY 07, 2026 7:00 AM |
Missouri Officials Advise Drivers on How to Prevent Auto Theft
July is Vehicle Theft Prevention Month, and Missouri Department of Commerce and Insurance (DCI) is using this month to inform drivers of ways to protect their vehicles from theft. In 2025, there were approximately 660,000 vehicle thefts reported in the …
POSTED JULY 07, 2026 7:00 AM |
Financial Services’ AI Dangers Highlighted by Regulator’s Review
Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence on consumer financial decisions. In a review commissioned by the Financial Conduct Authority and published on …
POSTED JULY 07, 2026 6:47 AM |
West News Archives - Insurance Journal
Bamboo Launches Essential HO2 Product in California
Bamboo Insurance today launched its Essential homeowners program, a new HO2 product designed for homeowners looking for basic coverage. The Essential program provides what the company says is a lower-cost option focused on core protection that makes it convenient for …
POSTED JULY 07, 2026 5:00 AM |
AM Best Places Credit Ratings of Topa in California Under Review
AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes subsidiary Dorchester Insurance Company Ltd. in the U.S. Virgin …
POSTED JULY 06, 2026 5:00 AM |
California Bans ‘Sell By’ Food Labels to Cut Food Waste
In Kimberley Kausen’s home, a passed “sell by” date on a jug of milk means different things to different family members. For her daughter, it means the jug belongs in the trash. For her husband, it means the milk is …
POSTED JULY 06, 2026 5:00 AM |
Washington Labor & Industries Opens Inspections at State’s Other Kraft Paper Mills
Two new inspections into kraft pulp and paper mills in Washington have been opened, following ongoing investigations at the Nippon Dynawave mill where a tank failure killed 11 workers. The Washington State Department of Labor & Industries said investigations are …
POSTED JULY 06, 2026 5:00 AM |
DUAL North America Launches California Homeowners Product
DUAL North America launched a California Homeowners insurance product, expanding its U.S. personal lines offering. The product is written on an HO-3 form, backed by an A.M. Best ‘A’ rated carrier, and offers dwelling coverage limits of up to $5 …
POSTED JULY 02, 2026 5:00 AM |
Washington Farm Labor Contractor Fined $700,000 for Breaking Worker Protection Laws
A Washington farm labor contracting company faces nearly $700,000 in fines for labor violations. The Washington State Department of Labor & Industries cited Superbee Contracting LLC, of Moxee in Yakima County, with breaking six farmworker protection laws involving nearly 1,200 …
POSTED JULY 02, 2026 5:00 AM |
San Francisco Archdiocese Paying $395M to Settle Child Sex Abuse Lawsuits
The San Francisco Catholic Archdiocese has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, plaintiffs’ attorneys said Monday. San Francisco Archbishop Salvatore Cordileone will have to write an apology letter …
POSTED JULY 01, 2026 2:25 PM |
Airbnb Must Face LA Lawsuit Alleging Price Gouging During 2025 Wildfires
Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of price gouging during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. Judge Robert Broadbelt of …
POSTED JULY 01, 2026 5:00 AM |
California Government Launches AI Job Loss Tracker as Layoff Fears Grow
California launched a tool designed to serve as an “early warning system” for widespread AI-driven job loss. The tool, called the California AI-Unemployment Tracker, links multiple measures of an occupation’s AI exposure to the state’s monthly unemployment insurance claims data …
POSTED JULY 01, 2026 5:00 AM |
3 Firefighters Killed in Colorado as Wildfires Stoked By Heat, Wind Rage Across West
Blistering heat and strong winds Sunday stoked wildfires across the West after three firefighters were killed a day earlier in Colorado while battling a blaze along the state’s border with Utah. The National Weather Service said wildfire conditions “remain critical” …
POSTED JUNE 30, 2026 5:00 AM |
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