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News Archives - Insurance Journal

Watchdog Group Demands OpenAI Withdraw AI Video App Sora Over Deepfakes
The tech industry is moving fast and breaking things again — and this time it is humanity’s shared reality and control of our likeness before and after death — thanks to artificial intelligence image-generation platforms like OpenAI’s Sora 2. The …

POSTED NOVEMBER 13, 2025 8:19 AM
Italy’s Generali Names Deputy CEO as Succession Talk Swirls
Generali said on Wednesday it had appointed the head of its insurance business Giulio Terzariol as group deputy chief executive, weeks after investors critical of CEO Philippe Donnet boosted their influence at Italy’s biggest insurance company. Terzariol’s appointment is Donnet’s …

POSTED NOVEMBER 13, 2025 8:07 AM
People Moves: Burns & Wilcox Adds New Leaders in Atlanta, Baltimore and Minneapolis
Burns & Wilcox, headquartered in Farmington Hills, Michigan, hired new leaders for the company’s offices in Atlanta, Georgia; Baltimore, Maryland; and Minneapolis, Minnesota. Scott Kiser was named managing director, Atlanta. Kiser joins Burns & Wilcox from Oakbridge Insurance Agency, where …

POSTED NOVEMBER 13, 2025 8:00 AM
Meta Pledges $1 Billion to Build AI Data Center in Wisconsin
Meta Platforms Inc. is spending more than $1 billion to build a data center in Wisconsin that will power artificial intelligence work, its latest investment in the infrastructure needed for the fast-moving AI race. The 700,000 square-foot data center will …

POSTED NOVEMBER 13, 2025 8:00 AM
China Accuses US of Orchestrating $13 Billion Bitcoin Hack
China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing China’s most recent attempt to attribute major cyberattacks to the US. The theft of the 127,272 Bitcoin tokens from the LuBian …

POSTED NOVEMBER 13, 2025 6:16 AM
Iceland Sees Security Risk, Existential Threat in Atlantic Current’s Possible Collapse
Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country’s climate minister told Reuters. The Atlantic Meridional Overturning Circulation, …

POSTED NOVEMBER 13, 2025 6:15 AM
Amazon Sued Over ‘Punitive’ Handling of Employee Absences
Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences. Amazon, the largest private-sector U.S. employer behind Walmart, was accused of docking unpaid …

POSTED NOVEMBER 13, 2025 6:09 AM
Pollen Street Eyes IPO for UK Insurer Markerstudy at £3 Billion Value
Pollen Street Group Ltd. has begun preparing an initial public offering for UK insurer Markerstudy, according to people familiar with the matter. The buyout firm has started early discussions with investment banks about the potential listing, the people said, asking …

POSTED NOVEMBER 13, 2025 6:05 AM
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims
A few years ago, in the early 2020s, it was not unusual to hear about or even see roofing workers in Florida deliberately manipulating roof shingles to make it appear that the roof was damaged by storm winds. I saw …

POSTED NOVEMBER 13, 2025 6:02 AM
Five Reasons Why the US Escaped a Hurricane Landfall So Far This Year
A weather forecasting organization is offering up five reasons why the U.S. wasn’t hit by a hurricane this season, despite forecasts that called for an above normal Atlantic hurricane season with numerous anticipated landfalls. It will be the first Atlantic …

POSTED NOVEMBER 13, 2025 6:01 AM
Mounting Oregon Wildfire Claims Threaten Ratings of Berkshire’s PacifiCorp
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it …

POSTED NOVEMBER 13, 2025 6:00 AM
People Moves: California Insurance Commissioner Makes Task Force Reappointments
California Insurance Commissioner Ricardo Lara reappointed Michael Golden, Bernardo de la Torre, Doug Heller and Cynthia Strathmann to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee; Doug Bystry to the California Organized Investment Network (COIN) Advisory Board, and Rebecca …

POSTED NOVEMBER 13, 2025 6:00 AM
Delaware Supreme Court Revives Workers’ Compensation Insurer’s Subrogation Bid
The Delaware Supreme Court has revived a workers’ compensation insurer’s claim for subrogation in a case where an employee injured while driving for her employer received payment from her employer’s uninsured motorist (UIM) insurer after receiving her workers’ compensation benefits. …

POSTED NOVEMBER 13, 2025 6:00 AM
Waymo Launches Driverless Robotaxis on Freeways in First for US
Waymo will become the first robotaxi provider in the US to offer driverless rides on highways, a milestone that positions it to better compete with ride-hailing companies and traditional taxi services. Beginning Wednesday, the Alphabet Inc. unit will begin offering …

POSTED NOVEMBER 12, 2025 4:50 PM
Some States Require Public Schools to Teach Kids About Gun Safety
This school year, students in elementary, middle and high schools in some states will get a new lesson on safety: what to do if they find a firearm. Arkansas, Tennessee and Utah are the first states to enact laws that …

POSTED NOVEMBER 12, 2025 4:30 PM
Waymo Launches Driverless Robotaxis on California, Arizona Freeways in First for US
Waymo will become the first robotaxi provider in the U.S. to offer driverless rides on highways, a milestone that positions it to better compete with ride-hailing companies and traditional taxi services. Beginning Wednesday, the Alphabet Inc. unit will begin offering …

POSTED NOVEMBER 12, 2025 4:22 PM
Authorities in Miami Investigating Death of Passenger on Cruise Ship
Authorities in Miami were investigating the death of a passenger traveling on a Carnival cruise ship that returned to the city Saturday. Carnival Cruise Line said the passenger was traveling aboard the Carnival Horizon, a ship holding up to nearly …

POSTED NOVEMBER 12, 2025 3:44 PM
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility data and analytics company Arity suggests that drivers who feel …

POSTED NOVEMBER 12, 2025 3:29 PM
Car Fleeing Police Slams Into a Florida Bar, Killing 4 and Injuring 11
A speeding car fleeing police slammed into a crowded bar early Saturday, killing four people and injuring 11 in a historic district of Tampa, Florida, that is known for its nightlife and tourists. An air patrol unit spotted the silver …

POSTED NOVEMBER 12, 2025 3:28 PM
Small Plane on Hurricane Relief Mission to Jamaica Crashes in Florida Neighborhood
A small turboprop plane on a hurricane relief mission to Jamaica crashed Monday morning into a pond in a gated residential neighborhood of the Fort Lauderdale suburb of Coral Springs, killing two people shortly after takeoff and narrowly missing homes, …

POSTED NOVEMBER 12, 2025 3:19 PM
With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
During earnings conference calls last week leaders of two large personal lines insurers commented on affordability issues, highlighting the downward impact of Florida tort reforms on auto insurance prices. “At a time when voters are clearly voting with their pocketbooks, …

POSTED NOVEMBER 12, 2025 2:51 PM
Google Accused in Suit of Using Gemini AI Tool to Snoop on Users
Google was accused in a lawsuit of using its Gemini AI assistant to unlawfully track the private communications of users of its Gmail, instant messaging and videoconference programs. In the past, users of Gmail, Chat and Meet were given the …

POSTED NOVEMBER 12, 2025 2:44 PM
Consumer Bureau to Narrow ‘Disparate Impact’ in Civil Rights Lending Law: Sources
The U.S. Consumer Financial Protection Bureau plans to propose in the coming days narrowing a key part of civil-rights era fair-lending regulations as Republican President Donald Trump’s administration overhauls protections and rules it says burden companies, according to two people …

POSTED NOVEMBER 12, 2025 1:57 PM
Newsom Calls Trump Offshore Oil Drilling Plan DOA at Climate Summit
California Gov. Gavin Newsom declared a planned Trump administration proposal to sell new oil drilling rights off the U.S. West Coast “dead on arrival.” The draft proposal prepared by administration officials, first reported by Bloomberg in October, sets the stage …

POSTED NOVEMBER 12, 2025 1:46 PM
Macquarie Insurance Facility to Launch Multi-Line MGA Longbrook Insurance
Macquarie Insurance Facility (MIF) has announced its intention to launch Longbrook Insurance, a multi-line underwriting business, backed by highly rated carriers. Part of Macquarie Asset Management, MIF is a global insurance aggregator, which aggregates approximately $US1.8 billion of premium spend …

POSTED NOVEMBER 12, 2025 1:13 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Kelstar Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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