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News Archives - Insurance Journal

Former Portfolio Manager Sues Fidelity After Leaving for Michael Dell’s Family Office
A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he joined DFO Management, the family office of billionaire Dell Technologies founder Michael Dell. …

POSTED OCTOBER 19, 2026 2:42 PM
‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. An unusual October heat wave with triple-digit temperatures in some …

POSTED OCTOBER 19, 2026 2:36 PM
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports
The late-season hurricane known as Isaias has so far produced about 47,000 claims in Florida, with estimated insured losses at $582 million, carriers have reported to the Florida Office of Insurance Regulation. A week after the storm made landfall in …

POSTED OCTOBER 19, 2026 2:04 PM
Supreme Court Rejects Google Challenge to US Patent Agency Review Policy
The US Supreme Court declined to hear a challenge by Alphabet’s Google to a US Patent and Trademark Office rule that the company argued has insulated older patents from validity reviews and helped fuel a surge in patent litigation. The …

POSTED OCTOBER 19, 2026 1:53 PM
How One Hacker Used AI Agents, a Few Thousand Dollars to Break Into Websites
Over the past couple of weeks, a cybersecurity researcher watched as a Chinese-speaking hacker broke into websites belonging to more than 100 companies, including farm equipment maker Deere, home appliance company SharkNinja and engine manufacturer Cummins. Yet the hacker did …

POSTED OCTOBER 19, 2026 12:23 PM
Severe Drought Hits Parts of England for First Time Since 1995
A severe drought has been declared for parts of England for the first time since 1995, pushing the government to step up emergency planning as reservoir levels sink far below seasonal norms. Areas of Cornwall, Devon, Dorset, Somerset, East Sussex …

POSTED OCTOBER 19, 2026 11:45 AM
Diageo’s Toxic Spill Hits a Pristine River in Scottish Whisky Country
The River Spey in northeastern Scotland is one of the world’s most pristine bodies of water. Stretching across 107 miles, it teems with salmon and trout, supporting communities built on tourism along its shores. Earlier this year, a toxic chemical …

POSTED OCTOBER 19, 2026 11:07 AM
3M to Argue Australia’s $1.4B ‘Forever Chemicals’ Lawsuit Legally Flawed, Court Hears
US conglomerate 3M plans to argue a landmark case brought by Australia over contamination from the company’s use of PFAS “forever chemicals” in its firefighting foam is legally flawed, a court heard on Friday. The claim against the Minnesota-based chemicals …

POSTED OCTOBER 19, 2026 10:37 AM
The Crypto Devices Built to Foil Hackers Came With Spies Inside
At a small cryptocurrency shop in the heart of Kuala Lumpur, a sheet of paper dated Oct. 10 is taped to shutters over the entrance: “Our physical stores are temporarily closed until further notice.” Malaysian retailer CryptoBilis, a reseller of …

POSTED OCTOBER 19, 2026 10:20 AM
French Violence Raises Alert as Protests Flare Across Europe
The violence that rocked France this weekend as cost-of-living protests degenerated into looting and burning nationwide is raising alert levels across Europe, where elections will be held in at least half a dozen countries next year. While France has a …

POSTED OCTOBER 19, 2026 9:40 AM

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