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News Archives - Insurance Journal
Oklahoma Landlord to Pay $52K for Violating Fair Housing Act
The Justice Department announced that the owners of a residential rental property in Oklahoma City have agreed to pay $52,500 to resolve a lawsuit alleging that they refused to rent a one-bedroom apartment to a single mother upon learning that …
POSTED OCTOBER 23, 2026 4:18 PM |
Michigan, Ohio Gas Prices Spike Further Amid Refinery Breakdown
Gas prices in two Midwestern battleground states saw further hikes on Thursday as the region’s market grapples with a refinery issue in Illinois. In Michigan, prices rose to $4.74 a gallon on Thursday, up from $4.59 a gallon on Wednesday, …
POSTED OCTOBER 23, 2026 4:15 PM |
Insurer Doesn’t Get a Mulligan in $12M Georgia Solar Farm Claim, Appeals Court Says
Zurich American does not get to reclassify a loss as one with a much higher deductible after it had already paid part of the claim, a federal appeals court said in a case involving rain damage to a massive solar …
POSTED OCTOBER 23, 2026 3:54 PM |
AM Best Revises Outlook to Stable for Ohio Mutual Insurance Group’s Members
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) for the members of Ohio …
POSTED OCTOBER 23, 2026 3:39 PM |
Phoenix Hit by Hail and Strong Winds, Damaging Vehicles Across Valley
Arizona is not usually known as a hot spot for severe weather, but this week the state experienced hail, flooding and even a rare tornado. A severe storm on Wednesday produced hail the size of golf balls in metro Phoenix, …
POSTED OCTOBER 23, 2026 3:12 PM |
TCEQ Shuts Down Online Permit Filing System After Data Center Controversy
The Texas Commission on Environmental Quality has shut down its automated electronic filing system after watchdog groups said the agency violated a directive from Gov. Greg Abbott and issued multiple stormwater permits related to data center construction. The agency said …
POSTED OCTOBER 23, 2026 3:06 PM |
Markets/Coverages: Allianz UK Enhances Renewable Energy Cover, With Multi-Tech Offer
Allianz UK has enhanced its renewable energy proposition and introduced simplified operational wording for customers with multiple technologies at the same site. The proposition covers onshore wind, ground-mounted solar and hydro, biomass, and anaerobic digestion, alongside battery energy storage systems …
POSTED OCTOBER 23, 2026 2:36 PM |
FEMA Launches Online Purchasing for Flood Insurance Policies
The Federal Emergency Management Agency said it has launched a new tool for residents to buy flood insurance through the National Flood Insurance Program. Available, at floodsmart.gov, the online option is available to residents living in the almost 22,700 NFIP …
POSTED OCTOBER 23, 2026 2:15 PM |
Georgia Amusement Park Reopened After Ride Death but Coaster Still Closed
Six Flags Over Georgia opened its gates last week for the first time since a man fell to his death from one of the amusement park’s towering roller coasters. A steady trickle of vehicles drove into the park, some of …
POSTED OCTOBER 23, 2026 2:15 PM |
Fire Destroys Much of Mississippi Senior Living Center
A fire tore through a Mississippi senior living center Wednesday, forcing the evacuation of its residents and destroying much of the building that was home to more than 100 people. There were no confirmed casualties, but authorities searched the site …
POSTED OCTOBER 23, 2026 1:57 PM |
News Archives - Claims Journal
Storm Austen Knocks Out Power to Nearly 300,000 French Homes
Storm Austen knocked out electricity to almost 300,000 customers in western France on Friday as hurricane-force winds battered the region, disrupting roads, railways and other transport links.
POSTED OCTOBER 23, 2026 2:29 PM |
AM Best: Social Inflation Drives Surge in Commercial Auto Liability Claims
According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …
POSTED OCTOBER 23, 2026 1:59 PM |
Washington Updates Insurance Claims Handling Rules, Deadlines
New claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making payments. The rules, which took effect Oct. 18, require insurers to notify policyholders within 30 …
POSTED OCTOBER 23, 2026 5:00 AM |
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks the same approach can be applied to the rapid escalation of apparent liabilities presented by business’ use of artificial intelligence. …
POSTED OCTOBER 23, 2026 5:00 AM |
AI Safety Group METR Finds Flaws in OpenAI’s Internal Monitoring System
AI safety research group METR said on Thursday a pilot exercise to stress-test OpenAI’s internal monitoring system uncovered several new vulnerabilities, including an exploit that AI agents could have used to keep hundreds of their recent actions from being monitored. …
POSTED OCTOBER 23, 2026 5:00 AM |
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
In the long-simmering clash between property insurers and public adjusters, the adjusters now have Florida’s chief law enforcement officer on their side, after state Attorney General James Uthmeier announced his office will investigate anti-public adjuster endorsements in some Florida insurance …
POSTED OCTOBER 23, 2026 5:00 AM |
The Integrity Deficit: Not a One-Sided Story
Editor’s note: This is the second installment in a four-part series on the erosion of integrity in property claims. Part I measures the decline. Part II documents the misconduct driving it. Part III will trace the causes to a broader …
POSTED OCTOBER 23, 2026 5:00 AM |
Critical PHP Flaws Spur Global Patch Effort, Temporary Shutdowns
A rush to update websites and protect against vulnerabilities in a widely used programming language continued into its second day, with researchers warning that hackers have attempted to exploit the weaknesses. Disruption caused by the security issues began Wednesday after …
POSTED OCTOBER 22, 2026 4:07 PM |
Tesla Aiming Sell Cybercab Robotaxis by End of Year Despite Federal Probe
Tesla is aiming to start selling its Cybercab robotaxis to the public by the end of this year, its engineering chief said on Wednesday, even as the US auto safety agency probes the vehicles that come without manual controls which …
POSTED OCTOBER 22, 2026 3:26 PM |
Money Managers Say There’s Nowhere to Hide as Super El Niño Forms
The prospect of the world’s strongest ever El Niño cycle has a growing number of money managers racing to prepare their portfolios for the disruption they say is coming. The climate phenomenon associated with warming across the equatorial Pacific Ocean …
POSTED OCTOBER 22, 2026 3:19 PM |
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