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News Archives - Insurance Journal

Saving Supply Chains From Climate Shocks Is a Lure for Investors
On the tarmac of Kuala Lumpur International Airport, a cargo of drugs on their way to a clinical trial were warming in the rising afternoon sun. At risk of being spoiled, a newly installed tracker that monitors temperature, humidity and …

POSTED MAY 26, 2026 8:10 AM
Hyundai to Recall Over 421,000 US Vehicles Over Software Brake Issue: NHTSA
Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S. National Highway Traffic Safety Administration said on May 22. The recall covers certain 2025-2026 model Santa Cruz, …

POSTED MAY 26, 2026 5:14 AM
Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino
A developing El Nino that is forecast to get quite strong will likely dampen the upcoming Atlantic hurricane season, but it won’t make the potentially deadly storms disappear, federal and outside meteorologists predict. The National Oceanic and Atmospheric Administration on …

POSTED MAY 26, 2026 5:04 AM
Activision Shareholders Reach $250 Million Settlement Over Microsoft Buyout
Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in …

POSTED MAY 26, 2026 5:03 AM
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms
A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad interpretation of what the court called an unusually broad liability immunity law. The 4th District Court of Appeals, one step …

POSTED MAY 26, 2026 5:01 AM
San Francisco Turns to AI to Avoid Collisions Between Ships And Whales
Ferries, cargo ships and tankers cut through choppy waters in the San Francisco Bay as a whale surfaced nearby, its spout barely visible against the white caps. Until now, whales could easily go unnoticed by mariners, but an AI-powered detection …

POSTED MAY 26, 2026 5:00 AM
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI
Pennsylvania Attorney General Dave Sunday announced an agreement with GEICO that should modify an artificial intelligence (AI) initiated auto insurance policy cancellation process the state alleged was unfair and confusing, The agreement stems from a complaint from a new GEICO …

POSTED MAY 26, 2026 5:00 AM
Oil Pipeline Shut Down After East Los Angeles Rupture
An oil pipeline operated by Plains All American in East Los Angeles, California, was shut down after a rupture, the company said on Friday. The line was struck by a third party conducting excavation work, the company added. It did …

POSTED MAY 26, 2026 5:00 AM
New York Shipyard Blast That Killed 1, Injured More Than 30 Firefighters Under Investigation
Investigators were combing through a New York City shipyard on Saturday trying to find the cause of a fire and an explosion that killed one person and injured more than 30 firefighters and other first responders. Authorities provided no major …

POSTED MAY 25, 2026 9:08 PM
People Moves: Markel Taps Talbot’s O’Donoghue to Lead Fine Art & Specie for London; Aon’s Global ReSpecialty Team Promotes Mitchell, Hires Floodflash’s Rimmer
This edition of International People Moves details appointments at Markel and Aon. A summary of these new hires follows here. Markel Taps Talbot’s O’Donoghue to Lead Fine Art & Specie for London Operations Markel Insurance, the insurance operation within Markel …

POSTED MAY 22, 2026 4:16 PM

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