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GM to Pay $220M to Settle Privacy Claims Over Sale of Driver Data to Insurers
Oct 30 2026 // General Motors will pay $220 million to settle allegations that it illegally sold drivers’ private behavior and location data to brokers, who then sold the information to insurers that used it to set and sometimes...
Barclays Turns to Insurers to Hedge Billions of Data Center Debt
Oct 29 2026 // Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The...
More Florida Insurers Announce Rate Cuts for Auto, Homeowners, Condo Units
Oct 28 2026 // Three more insurance carriers have announced reduced rates—for homeowners, condominium units and for auto policies, affecting more than half a million policies in Florida. USAA insurance, catering to military service...
Turkish Insurer Sinks as Top Executives Arrested in Fund Probe
Oct 27 2026 // Turkiye Sigorta AS shares extended losses after local media reported that two of its top executives were arrested as part of a sweeping probe into allegations of market manipulation in Turkish funds. Chief Executive...
PHP Security Flaws Highlight Potential Systemic Risk Aggregation for Cyber Insurers
Oct 27 2026 // Recently discovered security flaws in PHP programming language, used by many websites globally, has highlighted the potential for cyber risk aggregation, which has long worried insurers and made them reluctant to...
Insurer Doesn’t Get a Mulligan in $12M Georgia Solar Farm Claim, Appeals Court Says
Oct 23 2026 // Zurich American does not get to reclassify a loss as one with a much higher deductible after it had already paid part of the claim, a federal appeals court said in a case involving rain damage to a massive solar farm in...
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