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News Archives - Insurance Journal
San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
Benson Enterprises, Inc., the operator of automotive dealerships including Ingram Park Chrysler Jeep Dodge Ram in San Antonio, will pay $430,000 and furnish other relief to settle a sex-based harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity …
POSTED OCTOBER 09, 2026 3:11 PM |
Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare
Isaias suddenly strengthened into a Category 3 hurricane Friday morning and remained on course to hit the Pensacola-Panhandle area of Florida with more than six feet of storm surge, strong winds and as much as 15 inches of rainfall. “Just-received …
POSTED OCTOBER 09, 2026 2:41 PM |
Markets/Coverages: Amica Offers Free Flume Water Leak Monitoring to Insureds
Amica Insurance announced a program that provides policyholders with access to a smart water leak detection monitoring service. Under a partnership with technology firm Flume, Amica home policyholders in three states can enroll to receive a no-cost Flume Smart Home …
POSTED OCTOBER 09, 2026 2:24 PM |
UK Court Refuses Permission to Appeal in Diesel Emissions Lawsuits Against Carmakers
London’s High Court on Thursday refused claimants permission to appeal against its July decision which broadly found in favor of some of the world’s biggest carmakers over diesel emissions. But lawyers representing around 1.6 million claimants said they would apply …
POSTED OCTOBER 09, 2026 1:23 PM |
AI Pricing Lawsuit Against McDonald’s Raises New Antitrust Questions
A federal antitrust lawsuit against McDonald’s this week claims the fast-food giant is using AI-powered tools to fix menu prices, marking the latest case to allege companies are relying on new technologies to collude and harm consumers. Plaintiffs have sued …
POSTED OCTOBER 09, 2026 1:05 PM |
South Korea, Japan Buffeted by Hacks as AI Lowers Bar for Cybercriminals
South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with limited technical skills. Nine South Korean banks and …
POSTED OCTOBER 09, 2026 1:02 PM |
India Insurance Regulator Eyes 2027 Start for Commission Caps
India’s insurance regulator may implement sweeping distribution reforms as early as January, pushing ahead with an overhaul that has battered shares of insurers and brokers. The effective dates under consideration are Jan. 1 and April 1, Girija Subramanian, an executive …
POSTED OCTOBER 09, 2026 12:16 PM |
Executives Take Pay Cuts Over Staff Misconduct at Prudential Japan
Top executives at Prudential Financial Inc.’s Japan unit will take pay cuts after a panel of outside experts issued a report on widespread employee misconduct involving customers’ money. President Hiromitsu Tokumaru and two others will take a 30% reduction in …
POSTED OCTOBER 09, 2026 11:48 AM |
People Moves: Selective Insurance Names Kalia Chief Investment Officer
Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief investment officer since June. In this role, Kalia oversees Selective’s investment portfolio …
POSTED OCTOBER 09, 2026 10:00 AM |
A Timeline of Developments in AI Safety Since the Attack on Hugging Face
In one alarming announcement after another, artificial intelligence companies in recent months have shared examples of their technology acting in ways that appeared to evade instructions from humans. The episodes have highlighted the vulnerabilities in AI security and raised questions …
POSTED OCTOBER 09, 2026 5:36 AM |
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