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News Archives - Insurance Journal

Japanese Companies Compensate Users as Cyberattacks Buffet Economy
Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet services and raised concerns about economic stability. GMO Internet Group, a leading provider of online financial services, said customers would be compensated for …

POSTED OCTOBER 26, 2026 12:26 PM
Generali to Cut 9% of Workforce in Germany, Streamline Structure
Assicurazioni Generali SpA plans to reduce around 9% of its workforce in Germany and downsize locations as part of a simplification effort in the European country. Generali plans to set up five regional centers in Munich, Cologne, Karlsruhe, Hamburg and …

POSTED OCTOBER 26, 2026 12:09 PM
Hacking Attempts Surge as Companies, Governments Rush to Patch PHP Flaws
Global firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as cloud firms reported a surge of hacking attempts after the vulnerabilities were disclosed. The push came after …

POSTED OCTOBER 26, 2026 5:11 AM
Transit Systems Weigh Whether to Run Trains Without a Human at the Controls
Even as automated vehicles such as robotaxis grow more prevalent in the U.S., almost every mass transit system still requires a driver or operator on board. Two major cities are seeking to change that. Officials in Washington, D.C., recently advanced …

POSTED OCTOBER 26, 2026 5:04 AM
Florida Reforms Cut Property Premiums but Data Show Multifamily Liability Rates Up
In the warming Florida market, post-legislative reforms, much of the focus has been on homeowners’ property insurance rates. But one segment has been overlooked to a degree: multifamily dwellings, a category that includes everything from duplexes and fourplexes to big …

POSTED OCTOBER 26, 2026 5:02 AM
New Mexico’s Outside Lawyers Could Collect up to $1.27B in Meta Case
Private plaintiffs’ lawyers stand to collect up to $1.27 billion from New Mexico if the state’s $25 billion court win against Meta Platforms this week is upheld, according to a Reuters review of a contract with the state. New Mexico …

POSTED OCTOBER 26, 2026 5:00 AM
PG&E Weighs Gas Business Separation Over California Fire Rules
PG&E Corp. said it may spin off, sell or otherwise separate its natural gas business if California doesn’t overhaul its wildfire liability rules. The utility’s 4 million gas customers are bearing borrowing costs associated with the company’s sub-investment-grade credit because …

POSTED OCTOBER 26, 2026 5:00 AM
Court Rejects Exxon Appeal of $815M Award to Mechanic Over Benzene Exposure
Exxon Mobil Corp. has lost its appeal of an $815.5 million compensatory damages judgment that was awarded to a Mobil gas station mechanic who developed leukemia after years of exposure to benzene in its gasoline. On October 15, a three-judge …

POSTED OCTOBER 26, 2026 5:00 AM
Pennsylvania’s Commonwealth University Adds Risk Management/Insurance Program
Commonwealth University, part of the Pennsylvania public education system, has launched academic offerings in risk management and insurance (RMI) designed to prepare students for careers in the insurance, financial services and corporate risk management industries. The RMI concentration combines finance …

POSTED OCTOBER 26, 2026 5:00 AM
Oklahoma Landlord to Pay $52K for Violating Fair Housing Act
The Justice Department announced that the owners of a residential rental property in Oklahoma City have agreed to pay $52,500 to resolve a lawsuit alleging that they refused to rent a one-bedroom apartment to a single mother upon learning that …

POSTED OCTOBER 23, 2026 4:18 PM

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