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News Archives - Insurance Journal

As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta …

POSTED AUGUST 31, 2026 5:21 AM
Major Tech Companies Call for Defensive Surge to Defeat AI-Driven Hacks
Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet and Amazon are calling for a society-wide defensive surge to defeat what they describe as an impending wave of hacks driven by artificial intelligence. In a joint letter issued Thursday, the companies …

POSTED AUGUST 31, 2026 5:09 AM
Sydney Developer in Distress Sounds Alarm for Private Credit
The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market. Bathla Group, a major property developer in Sydney, …

POSTED AUGUST 31, 2026 5:05 AM
Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it
A Florida grand jury found that Republican Gov. Ron DeSantis’ administration “misappropriated” $10 million in taxpayer money it diverted to a charity connected to his wife, but the grand jury declined to file criminal charges due to a lack of …

POSTED AUGUST 31, 2026 5:03 AM
County Approves New $2.3B Stadium Project for Tampa Bay Rays
The Tampa Bay Rays won county approval Friday on a financing plan that will allow them to build a new stadium, a day after city officials approved their part for the $2.3 billion ballpark project that will replace the domed …

POSTED AUGUST 31, 2026 5:02 AM
Oregon Regulators Extend Wildfire Emergency Orders to Pause Insurance Cancellations
The Oregon Division of Financial Regulation is extending its order for insurers to suspend cancellations and nonrenewals for residents impacted by wildfires. The DFR issued a wildfire emergency order and bulletin in late July that was to expire. However, DFR …

POSTED AUGUST 31, 2026 5:00 AM
Judge to Hear Recantation of Sexual Abuse Claim Against Ex-Penn State Coach Sandusky
A judge has granted a hearing to explore claims that a man wants to recant allegations of sexual abuse years ago by Penn State assistant football coach Jerry Sandusky. Sandusky, 82, has been serving a decades-long prison sentence since he …

POSTED AUGUST 31, 2026 5:00 AM
Aon Close to Acquiring USI Insurance From KKR in $17 Billion Deal, WSJ Reports
Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal …

POSTED AUGUST 31, 2026 4:05 AM
New Illinois Law Requires Insurance for High-Speed E-Bikes
Some Illinois e-bike riders will need to carry insurance starting in 2027 under a law signed this week by Governor JB Prtizker. The new law requires riders of e-bikes and e-motors capable of traveling over 28 mph to have a …

POSTED AUGUST 28, 2026 4:34 PM
Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
The Ross Fire has grown into one of the largest wildfires in the Dallas-Fort Worth area’s recorded history, scorching 85,000 acres across Palo Pinto and Jack counties in just three days. The fire, which began Monday near Palo Pinto, grew …

POSTED AUGUST 28, 2026 3:37 PM

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