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News Archives - Insurance Journal
New Attacks in Hormuz and Saudi Test Nerves as War’s Spread Worsens Oil Disruption New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen’s Houthis threatened to worsen the wartime disruption to …
POSTED SEPTEMBER 14, 2026 10:12 AM |
Fayed Abuse Victims Seek Up to £150 Million From Harrods Almost 300 women who say they were sexually abused by former Harrods owner Mohamed Al Fayed want as much as £150 million ($203 million) in compensation from the luxury department store, more than double the amount it’s set aside. The …
POSTED SEPTEMBER 14, 2026 9:32 AM |
Ford to Recall About 223,500 Vehicles Over Fuel Tank Issues Ford is recalling 223,472 vehicles in the U.S. due to leaky and improperly secured fuel tanks that may detach from the vehicle while driving, the U.S. National Highway Traffic Safety Administration said on Saturday. Here are some more details from …
POSTED SEPTEMBER 14, 2026 5:55 AM |
WTW, Ivans Reports Signal More Commercial Rate Moderation U.S. commercial insurance rates increased 0.5% in the second quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing is continuing to move toward a more balanced market, with overall price increases moderating across …
POSTED SEPTEMBER 14, 2026 5:16 AM |
Silicon Valley Escalates Warnings About Existential Risks of AI For years, some of the leading figures in Silicon Valley have warned that artificial intelligence might pose an existential threat to humanity even as they pushed to develop the technology. This week, the high-profile resignation of an Anthropic researcher brought …
POSTED SEPTEMBER 14, 2026 5:12 AM |
AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead …
POSTED SEPTEMBER 14, 2026 5:10 AM |
Viewpoint: What Liability Trends in California Mean for the Rest of the Country For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Arizona Accuses L’Oreal of Concealing Cancer Risks Linked to Hair Relaxers Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …
POSTED SEPTEMBER 14, 2026 5:00 AM |
New York Contractor Charged with $160K Workers’ Comp Insurance Fraud A Long Island contractor has been charged with workers’ compensation fraud that officials contend resulted in the underpayment of insurance premiums by more than $160,000. Suffolk County District Attorney Raymond A. Tierney announced that Joseph Arthurs, of Patchogue, and his …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Six Convicted in Louisiana Scheme to Obtain Commercial Driver’s Licenses Six people have been convicted in a bribery scheme that enabled more than 100 people to fraudulently obtain commercial driver’s licenses, the U.S Attorney’s Office, Eastern District of Louisiana announced. Mahmoud Alhattab, a restaurant owner, led a scheme in which …
POSTED SEPTEMBER 11, 2026 4:55 PM |
News Archives - Claims Journal
Arizona Accuses L’Oreal of Concealing Cancer Risks Linked to Hair Relaxers Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …
POSTED SEPTEMBER 14, 2026 5:00 AM |
US Declares End of Largest Recorded Cyclosporiasis Outbreak U.S. health authorities on Friday declared the nation’s largest recorded multistate cyclosporiasis outbreak over, after contaminated iceberg lettuce sickened thousands, though the FDA said it was still probing how the parasite entered the food supply. The outbreak, which federal investigators …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Bayer Faces Test of $7.25B Roundup Settlement In Missouri Court Bayer’s Monsanto unit heads to a Missouri state court on Monday seeking approval of a $7.25 billion settlement that could resolve tens of thousands of U.S. lawsuits alleging that its popular weedkiller Roundup causes cancer. In a pivotal test of …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Fayed Victims Seek Up to $230 Million From Harrods After Abuse Almost 300 women who say they were sexually abused by former Harrods owner Mohamed Al Fayed want as much as £150 million ($203 million) in compensation from the luxury department store, more than double the amount it’s set aside. The …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Warren Presses Insurance Watchdogs for Answers Amid Walter Probe U.S. Senator Elizabeth Warren is pressing the National Association of Insurance Commissioners to explain how it’s policing Wall Street firms’ influence over insurers and their bets on private credit, saying a probe of Mark Walter’s businesses raises questions about regulatory …
POSTED SEPTEMBER 14, 2026 5:00 AM |
Register: AI Tools for FNOL & Digital Claims Intake ‘Demo Day’ on September 16 Insurance Journal’s Risky Future series is hosting the “AI Tools for FNOL & Digital Claims” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance claims leaders, including chief claims officers, innovation & transformation leaders, customer experience …
POSTED SEPTEMBER 11, 2026 4:24 PM |
What Do We Remember About 9/11? Whom Do We Remember? Where were you on September 11, 2001, when you heard that at 8:46 a.m. a hijacked American Airlines Flight 11 crashed into the North Tower of the World Trade Center (WTC) in Manhattan? And that minutes later hijackers crashed United …
POSTED SEPTEMBER 11, 2026 1:50 PM |
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In Nick Kosiavelon, an insurance defense attorney in Massachusetts, tells the story about some plaintiffs’ lawyers he faced off against in a recent brain-injury lawsuit. He said within an hour of seeing the list of potential jurors in the jury pool, …
POSTED SEPTEMBER 11, 2026 1:44 PM |
InterDigital Seeks $118 Million from Disney in Patent Fight InterDigital Inc., a technology and patent licensing company, is seeking €101.7 million ($118 million) from Walt Disney Co. over the alleged unlicensed use of video technology by the Disney+ streaming service, according to people familiar with the matter. The claim …
POSTED SEPTEMBER 11, 2026 1:27 PM |
The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …
POSTED SEPTEMBER 11, 2026 5:00 AM |
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