Authorities Probing Damage to Undersea Telecom Cable in Gulf of Finland
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Description: Authorities are investigating damage to an undersea telecommunications cable in the Gulf of Finland early Wednesday that occurred between the capitals of Finland and Estonia. Finnish authorities seized and inspected the vessel suspected to have caused the damage, the country’s …
Full content: Authorities are investigating damage to an undersea telecommunications cable in the Gulf of Finland early Wednesday that occurred between the capitals of Finland and Estonia. Finnish authorities seized and inspected the vessel suspected to have caused the damage, the country’s …
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Category: International & Reinsurance News
Date: Fri, 02 Jan 2026 11:43:01 +0000
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Taiwan Stays on High Alert as Chinese Ships Pull Back After Massive Drills
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Description: Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response center running as it monitored Chinese naval maneuvers, the coast guard said. The exercises named “Justice …
Full content: Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response center running as it monitored Chinese naval maneuvers, the coast guard said. The exercises named “Justice …
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Category: International & Reinsurance News
Date: Fri, 02 Jan 2026 10:44:00 +0000
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US Sanctions Chinese Companies, Tankers With Venezuela Links
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Description: The Trump administration stepped up a pressure campaign against Venezuela’s oil exports by sanctioning companies based in Hong Kong and mainland China, along with related oil tankers it accused of evading restrictions. The Treasury Department’s Office of Foreign Assets Control …
Full content: The Trump administration stepped up a pressure campaign against Venezuela’s oil exports by sanctioning companies based in Hong Kong and mainland China, along with related oil tankers it accused of evading restrictions. The Treasury Department’s Office of Foreign Assets Control …
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Category: International & Reinsurance News
Date: Fri, 02 Jan 2026 10:13:03 +0000
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Europe’s Space Agency Says Cyber Incident May Have Hit Servers
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Description: The European Space Agency said a cybersecurity issue may have impacted a “very small number” of external servers. In a post on the social media platform X on Tuesday, ESA said it was conducting a forensic analysis and had implemented …
Full content: The European Space Agency said a cybersecurity issue may have impacted a “very small number” of external servers. In a post on the social media platform X on Tuesday, ESA said it was conducting a forensic analysis and had implemented …
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Category: International & Reinsurance News
Date: Fri, 02 Jan 2026 09:50:16 +0000
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Porsche to Recall Over 173,000 Vehicles for Rearview Camera Issue
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Description: Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday. This is one of the largest single …
Full content: Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday. This is one of the largest single …
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Category: National News
Date: Fri, 02 Jan 2026 07:37:17 +0000
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Whose Dog Is That? Delaware Courts Wade Into Pet Custody Fights
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Description: The country’s premier corporate law court, which routinely confronts the obduracy of controlling billionaires, is finding pet owners no less intractable in their deal-making. A conflict over ownership of the goldendoodle Tucker pushed Delaware’s Chancery Court into an emerging area …
Full content: The country’s premier corporate law court, which routinely confronts the obduracy of controlling billionaires, is finding pet owners no less intractable in their deal-making. A conflict over ownership of the goldendoodle Tucker pushed Delaware’s Chancery Court into an emerging area …
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Category: East News
Date: Fri, 02 Jan 2026 06:20:00 +0000
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Labor Board Abandons One of Its Cases Against Musk’s SpaceX
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Description: The US labor board is abandoning a complaint over SpaceX’s severance and arbitration policies, resolving one front of a sprawling legal battle between the agency and Elon Musk’s aerospace company. In a Dec. 18 joint motion, attorneys for both SpaceX …
Full content: The US labor board is abandoning a complaint over SpaceX’s severance and arbitration policies, resolving one front of a sprawling legal battle between the agency and Elon Musk’s aerospace company. In a Dec. 18 joint motion, attorneys for both SpaceX …
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Category: National News
Date: Fri, 02 Jan 2026 06:14:28 +0000
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US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware
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Description: The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans. The Department of Treasury’s removal of the business bans …
Full content: The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans. The Department of Treasury’s removal of the business bans …
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Category: National News
Date: Fri, 02 Jan 2026 06:06:19 +0000
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People Moves: Alliant Hires Johnson as EVP in M&A Specialty
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Description: Alliant Insurance Services hired Adam Johnson as executive vice president within Alliant Specialty. Based in the San Francisco Bay Area, Johnson has experience in insuring venture capital and private equity funds, along with their portfolio companies. He develops strategic risk …
Full content: Alliant Insurance Services hired Adam Johnson as executive vice president within Alliant Specialty. Based in the San Francisco Bay Area, Johnson has experience in insuring venture capital and private equity funds, along with their portfolio companies. He develops strategic risk …
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Category: West News
Date: Fri, 02 Jan 2026 06:00:50 +0000
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How Maine Is Spending Its Share of Opioid Settlement Money
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Description: Over the past five years, the attorney general’s office, with Aaron Frey at the helm, has secured for Maine more than $260 million in settlements with major pharmaceutical companies accused of “supercharging” the opioid epidemic. It has overseen the settlements’ …
Full content: Over the past five years, the attorney general’s office, with Aaron Frey at the helm, has secured for Maine more than $260 million in settlements with major pharmaceutical companies accused of “supercharging” the opioid epidemic. It has overseen the settlements’ …
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Category: East News
Date: Fri, 02 Jan 2026 06:00:26 +0000
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Thousands of Maui Vacation Rentals in Limbo After Council Hits Gridlock
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Description: In arguably its biggest decision of the year, the Maui County Council recently voted to phase out roughly 7,000 vacation rentals over the next five years to make room for sorely needed longterm housing for residents. The 5-3 decision on …
Full content: In arguably its biggest decision of the year, the Maui County Council recently voted to phase out roughly 7,000 vacation rentals over the next five years to make room for sorely needed longterm housing for residents. The 5-3 decision on …
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Category: West News
Date: Fri, 02 Jan 2026 06:00:13 +0000
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Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites
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Description: Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for …
Full content: Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for …
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Category: Texas / South Central News
Date: Wed, 31 Dec 2025 15:48:24 +0000
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Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations
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Description: Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the public as advertised. Paxton’s lawsuit against the company alleged …
Full content: Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the public as advertised. Paxton’s lawsuit against the company alleged …
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Category: Texas / South Central News
Date: Wed, 31 Dec 2025 15:38:26 +0000
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Michigan AG Provides Tips to Avoid Storm-Related Scams
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Description: Michigan Attorney General Dana Nessel sent a reminder to residents to watch out for post-storm scams after a winter storm brought frigid air and more than two feet of snow to much of the state. To avoid falling victim to …
Full content: Michigan Attorney General Dana Nessel sent a reminder to residents to watch out for post-storm scams after a winter storm brought frigid air and more than two feet of snow to much of the state. To avoid falling victim to …
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Category: Midwest News
Date: Wed, 31 Dec 2025 15:31:21 +0000
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Ohio Wendy’s Sued for Disability and Age Discrimination
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Description: Wendy’s International, LLC violated federal law when it discriminated against a district manager because of disability and age, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the lawsuit, Wendy’s International, LLC, which owns and …
Full content: Wendy’s International, LLC violated federal law when it discriminated against a district manager because of disability and age, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit announced. According to the lawsuit, Wendy’s International, LLC, which owns and …
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Category: Midwest News
Date: Wed, 31 Dec 2025 15:24:03 +0000
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Last of 7 Kentucky Crop Insurance Fraudsters Sentenced to Prison Time
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Description: A wide net cast by the U.S. Department of Agriculture and the FBI has landed its final catch—prison time for the last of six Kentucky farmers and a warehouse manager found guilty of a long-running tobacco crop-insurance fraud scheme. Larry …
Full content: A wide net cast by the U.S. Department of Agriculture and the FBI has landed its final catch—prison time for the last of six Kentucky farmers and a warehouse manager found guilty of a long-running tobacco crop-insurance fraud scheme. Larry …
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Category: Southeast News
Date: Wed, 31 Dec 2025 14:59:06 +0000
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Target, Walmart, Whole Foods Targeted in Botulism Suits
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Description: Target Corp., Whole Foods Market and Walmart Inc. will be added as defendants in lawsuits against baby formula maker ByHeart for selling a product potentially contaminated with spores that cause infant botulism. Bill Marler, a prominent foodborne-illness attorney who is …
Full content: Target Corp., Whole Foods Market and Walmart Inc. will be added as defendants in lawsuits against baby formula maker ByHeart for selling a product potentially contaminated with spores that cause infant botulism. Bill Marler, a prominent foodborne-illness attorney who is …
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Category: National News
Date: Wed, 31 Dec 2025 14:38:41 +0000
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Brown University Faces US Probe Over Security After Deadly Shooting
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Description: Brown University placed its campus police chief on administrative leave and the Trump administration announced an investigation into the school’s security measures after a shooting rampage this month that killed two students and injured nine others. The Education Department’s Office …
Full content: Brown University placed its campus police chief on administrative leave and the Trump administration announced an investigation into the school’s security measures after a shooting rampage this month that killed two students and injured nine others. The Education Department’s Office …
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Category: East News
Date: Wed, 31 Dec 2025 14:08:37 +0000
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Tech Update: Zurich Launches AI-Powered Tool to Boost Multinational Contract Certainty
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Description: Zurich Insurance Group has launched Zurich Program IQ to help multinational businesses operate with confidence in an increasingly complex risk environment. This new AI-powered tool has been designed to further enhance contract certainty of multinational insurance programs across multiple regions, …
Full content: Zurich Insurance Group has launched Zurich Program IQ to help multinational businesses operate with confidence in an increasingly complex risk environment. This new AI-powered tool has been designed to further enhance contract certainty of multinational insurance programs across multiple regions, …
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Category: International & Reinsurance News
Date: Wed, 31 Dec 2025 12:09:59 +0000
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Mexico Train Derailment Piles Pressure on Sheinbaum Over Safety of Megaprojects
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Description: Mexico’s President Claudia Sheinbaum deferred questions on Tuesday about the record of a passenger train that derailed over the weekend, killing 13 people and injuring 98 others, the latest in a series of accidents that have put pressure on her …
Full content: Mexico’s President Claudia Sheinbaum deferred questions on Tuesday about the record of a passenger train that derailed over the weekend, killing 13 people and injuring 98 others, the latest in a series of accidents that have put pressure on her …
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Category: International & Reinsurance News
Date: Wed, 31 Dec 2025 11:50:37 +0000
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Some Good Climate News to End the Year
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Description: Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was …
Full content: Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was …
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Category: International & Reinsurance News
Date: Wed, 31 Dec 2025 10:18:59 +0000
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2025 Was One of Three Hottest Years on Record: Researchers
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Description: Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said. It was also the first time that the three-year temperature average broke through the threshold set in the 2015 Paris Agreement of …
Full content: Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said. It was also the first time that the three-year temperature average broke through the threshold set in the 2015 Paris Agreement of …
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Category: International & Reinsurance News
Date: Wed, 31 Dec 2025 09:29:05 +0000
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China Lashes Out at Criticism as Taiwan Drills Seem to Wind Down
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Description: China blasted Western criticism of its most intrusive drills ever around Taiwan as its armed forces appeared to wrap up the maneuvers. The Taiwan question was an “internal affair” and “no country is entitled to make irresponsible comments” about the …
Full content: China blasted Western criticism of its most intrusive drills ever around Taiwan as its armed forces appeared to wrap up the maneuvers. The Taiwan question was an “internal affair” and “no country is entitled to make irresponsible comments” about the …
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Category: International & Reinsurance News
Date: Wed, 31 Dec 2025 09:09:08 +0000
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Severity Was Up, But Will Falling Claims Volume Impact the Profession?
Author: Don Jergler
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Description: The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe …
Full content: The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe …
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Category: National News
Date: Wed, 31 Dec 2025 07:20:27 +0000
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AI, Litigation Funding and Market Currents: What CM Readers Cared About in 2025
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Description: As 2025 unfolded, Carrier Management readers gravitated toward features that explored the intersection of technology, economics, and strategy. From artificial intelligence transforming underwriting to litigation funding reshaping claims costs, and regulatory shifts redefining market dynamics, here are the 10 most-viewed …
Full content: As 2025 unfolded, Carrier Management readers gravitated toward features that explored the intersection of technology, economics, and strategy. From artificial intelligence transforming underwriting to litigation funding reshaping claims costs, and regulatory shifts redefining market dynamics, here are the 10 most-viewed …
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Category: National News
Date: Wed, 31 Dec 2025 06:34:54 +0000
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Fight Over Trump’s $100,000 H-1B Visa Fee Moves to Appeals Court
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Description: The US Chamber of Commerce is appealing a federal court’s refusal to block the Trump administration’s $100,000 fee on applications for H-1B visas that are heavily relied on by American technology companies for hiring skilled foreign workers. The national business …
Full content: The US Chamber of Commerce is appealing a federal court’s refusal to block the Trump administration’s $100,000 fee on applications for H-1B visas that are heavily relied on by American technology companies for hiring skilled foreign workers. The national business …
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Category: National News
Date: Wed, 31 Dec 2025 06:24:55 +0000
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[Video] Wildfires, Lawsuits, AI, and M&A: A Look Back at Insurance in 2025
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Description: Insurance Journal recaps the biggest stories of 2025—across all of our regions—from record-breaking wildfires and climate losses to broker mega-deals, litigation reform, cyber threats, AI-driven layoffs, and signs of recovery in key insurance markets heading into 2026. Watch this end-of-year …
Full content: Insurance Journal recaps the biggest stories of 2025—across all of our regions—from record-breaking wildfires and climate losses to broker mega-deals, litigation reform, cyber threats, AI-driven layoffs, and signs of recovery in key insurance markets heading into 2026. Watch this end-of-year …
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Category: National News
Date: Wed, 31 Dec 2025 06:23:09 +0000
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Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year
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Description: Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging …
Full content: Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging …
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Category: Southeast News
Date: Wed, 31 Dec 2025 06:02:10 +0000
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Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions
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Description: Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because of losses that don’t affect that line of business, the Alabama Department of Insurance announced in a recent bulletin. Personal …
Full content: Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because of losses that don’t affect that line of business, the Alabama Department of Insurance announced in a recent bulletin. Personal …
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Category: Southeast News
Date: Wed, 31 Dec 2025 06:02:00 +0000
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Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years
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Description: After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 rose by 12 points—the highest …
Full content: After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 rose by 12 points—the highest …
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Category: West News
Date: Wed, 31 Dec 2025 06:00:46 +0000
Local date: Wed, 31 Dec 2025 06:00:46 +0000
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Language: en-US
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