Insurance Journal RSS feed

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 …

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 …

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% …

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 …

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 …

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 …

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 …

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 …

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 …

Some software-as-service vendors are holding insurance companies on a tight leash, charging them huge annual fees for upgrades and for the privilege of accessing their own data, according to an insurance executive and a tech company owner who spoke at …

Google’s Gemini model accessed the internet and hacked other companies during a test of its cybersecurity capabilities, the first known example of the company’s AI systems autonomously committing such an act. The hacks occurred in May during a cybersecurity test …

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 …

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 …

Prominent New jersey insurance, development and civic leader George Norcross III has filed a $100 million defamation lawsuit against the Philadelphia Inquirer and one of its editors for allegedly helping to orchestrate a bogus criminal case against him that was …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Triangle Insurance Company based in Enid, Oklahoma. The Credit Ratings (ratings) …

Equal Parts has acquired ProSource Insurance Agency, a Plano, Texas-based brokerage specializing in transportation insurance. Completed during the first quarter of 2026, the acquisition strengthens Equal Parts’ transportation insurance capabilities and expands its presence in one of the nation’s largest …

A liquefied natural gas tanker bringing fuel from the US to Europe suffered a systems failure that the crew reported as a suspected cyber attack, according to people familiar with the matter. In the latest of a number of potential …

The U.S. Department of Labor has cited a Chicago area residential construction and carpentry employer after two separate investigations into its continued failure to provide fall protection for workers. The department’s Occupational Safety and Health Administration investigated two worksites operated …

Brown & Riding has added David Grollman and Matt Grollman to its national Construction Practice. David Grollman brings nearly 35 years of industry experience to his role at Brown & Riding. He is a long-standing construction specialist, with expertise in …

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 …