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Massachusetts High Court: Regulator Must Explain 14.6% Workers’ Comp Rate Cut
“As our high school mathematics teachers reminded us: you need to show your work. That is true for the commissioner’s calculations as well.” With that admonition, the Massachusetts Supreme Judicial Court criticized and returned the 2024 and 2025 workers’ compensation …
POSTED JULY 07, 2026 11:12 AM |
Louisiana Order Suspends Insurance Cancellations After Tropical Storm Arthur
Louisiana Insurance Commissioner Tim Temple has issued an emergency rule suspending insurance cancellations and non-renewals in certain parishes as the state recovers from Tropical Storm Arthur. Emergency Rule 50 states that insurers refrain from issuing any notice of cancellation, notice …
POSTED JULY 07, 2026 9:00 AM |
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit
Farmers Insurance has agreed to pay $2.87 million to settle a class action lawsuit alleging a Texas insurance agent sent unsolicited calls and texts in violation of the federal Telephone Consumer Protection Act. The class action alleges that Todd Henderson …
POSTED JULY 07, 2026 7:00 AM |
Missouri Officials Advise Drivers on How to Prevent Auto Theft
July is Vehicle Theft Prevention Month, and Missouri Department of Commerce and Insurance (DCI) is using this month to inform drivers of ways to protect their vehicles from theft. In 2025, there were approximately 660,000 vehicle thefts reported in the …
POSTED JULY 07, 2026 7:00 AM |
Financial Services’ AI Dangers Highlighted by Regulator’s Review
Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence on consumer financial decisions. In a review commissioned by the Financial Conduct Authority and published on …
POSTED JULY 07, 2026 6:47 AM |
Flood Risk Doesn’t Matter as Bargain Houses Tempt NZ Buyers
New Zealand’s flood-prone homes are outperforming the rest of the country’s moribund housing market, as buyers chase lower prices and shrug off climate risks. Properties facing the highest flood risk have gained 26.1% in value since January 2020, compared with …
POSTED JULY 07, 2026 6:17 AM |
Register: Risky Future AI Tools for Underwriting ‘Demo Day’ on July 8
Insurance Journal’s Risky Future series is hosting the “AI Tools for Underwriting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Specialty Program Leaders, and of course, Underwriters and Claims professionals. This event spotlights AI …
POSTED JULY 07, 2026 5:38 AM |
Microsoft Joins AI-Driven Tech Layoff Wave With 4,800 Job Cuts
Microsoft is cutting about 2.1% of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business. Big …
POSTED JULY 07, 2026 5:11 AM |
Trump Ramps Up War on Regulations With 702 Cuts in Pipeline
The Trump administration is stepping up its efforts to cut red tape across the federal government, releasing a regulatory plan that would eliminate 702 existing administrative rules. The reductions published on Friday set a record for the number of deregulatory …
POSTED JULY 07, 2026 5:10 AM |
New Autopsy of Baby Killed by Police in Mississippi Deepens Outrage
A Mississippi family whose 1-year-old child was killed when police fired into a moving car offered evidence Wednesday that they say challenges the officers’ account of being in danger when one opened fire. A preliminary autopsy requested by the family …
POSTED JULY 07, 2026 5:06 AM |
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