Illinois Passes Legislation to Give Insurance Department Oversight of Rate Changes May 29, 2026 By Ezra Amacher Illinois lawmakers this week passed a pair of bills that gives the insurance department the authority to review homeowners and...
Cruise Operator Carnival Discloses Personal Data Breach May 28, 2026 Cruise operator Carnival Corp said on May 27 it had detected a cybersecurity incident involving a compromised account of an...
Texas Board Faults Camp Mystic Leader for Inaction During Deadly Flood May 28, 2026 By Jim Vertuno A Texas board has suspended the nursing license of Camp Mystic’s co-director in a scathing order that accused her of...
Merchant Ships Desert Strait of Hormuz Amid Renewed US Strikes May 28, 2026 By Prejula Prem and Julian Lee Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military...
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget May 28, 2026 By Andrew G. Simpson After bypassing the April 1 deadline and engaging in weeks of debate and compromise, New York lawmakers have agreed on...
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency May 27, 2026 By Andrew G. Simpson New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached...
Private Credit Losses May Hit Insurers More Than Banks, ECB Says May 26, 2026 By Nicholas Comfort European insurers and pension funds would likely be hit harder than banks by fallout from losses in the private credit...
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms May 26, 2026 By William Rabb A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad...
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI May 26, 2026 Pennsylvania Attorney General Dave Sunday announced an agreement with GEICO that should modify an artificial intelligence (AI) initiated auto insurance...
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI May 22, 2026 By Chad Hemenway Acrisure’s CEO told employees that about 2,250 of them won’t be with the company by the end of 2027. The...