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Cyber Direct Premiums Are Up but Majority of Policies Are Endorsements: NAIC
The U.S. domestic cyber insurance market has nearly tripled in size since 2020, with endorsement policies accounting for the largest share of policy counts relative to premium. The observations come from a new report generated by the National Association of …
POSTED OCTOBER 27, 2026 2:30 PM |
Florida AG Sues Climate Modeler First Street Over Home Risk Scores
Florida is suing the climate-risk modeling firm First Street Technology Inc., accusing it of penalizing state homeowners with risk scores based on flawed science. Filed Oct. 23, the lawsuit highlights growing pushback against the scores, which are intended to give …
POSTED OCTOBER 27, 2026 1:36 PM |
Six Flags to Install Seat Belts on Georgia Roller Coaster After Rider’s Death
The chief executive of Six Flags says the company will install seat belts on the Georgia roller coaster from which a rider fell to his death earlier this month. The company’s rides with similar restraints will also get the safety …
POSTED OCTOBER 27, 2026 1:11 PM |
Iran Says It Will Take Action Against Sinokor Ships in Hormuz
Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks. “The vessels belonging …
POSTED OCTOBER 27, 2026 12:14 PM |
Guidewire to Buy UK Insurance AI Firm hyperexponential in Deal Worth Up to $2.1B
Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price and risk. London-based …
POSTED OCTOBER 27, 2026 11:43 AM |
French Banks to Face Investor Scrutiny Over Risks from Turmoil
French lenders will face heightened scrutiny over turmoil in the country when they present third-quarter earnings this week, with investors focused on their sovereign bond holdings and risks from a potential slowdown in the economy. BNP Paribas SA, Societe Generale …
POSTED OCTOBER 27, 2026 11:36 AM |
FTC, States Sue Dollar General Over Deceptive-Pricing Claims
The US Federal Trade Commission and 20 states sued Dollar General Corp. on Monday, alleging the discount retailer routinely charged customers more than the prices displayed on shelves or in advertisements. Dollar General, which operates more than 21,000 stores, overcharged …
POSTED OCTOBER 27, 2026 5:11 AM |
Anthropic Filing Reveals Concerns Over Data Center Pushback
Anthropic PBC says it expects to face heightened scrutiny of how it tackles environmental and social tensions associated with the build-out of AI infrastructure. The company, which publicly filed for an initial public offering on Monday, said it’s aware its …
POSTED OCTOBER 27, 2026 5:09 AM |
Register: Risky Future AI Tools for Fraud Detection, Compliance ‘Demo Day’ on Oct. 28
Insurance Journal’s Risky Future series is hosting the “AI Tools for Fraud Detection and Compliance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, SIU teams, compliance officers, claims leaders, and more. This event will …
POSTED OCTOBER 27, 2026 5:02 AM |
Florida’s 2021 Presuit Notice Law Is Not Retroactive, State Supreme Court Says
Before Florida lawmakers in 2022 enacted sweeping insurance law changes that cut the legs out of what had been called an excessive and burgeoning number of property claims lawsuits, they tinkered for years with ways to rein in the costly …
POSTED OCTOBER 27, 2026 5:02 AM |
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