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News Archives - Insurance Journal

Trump Says He’ll Probe Banks Over Response to LA Wildfires
President Donald Trump said he would look into the actions of banks in their response to last year’s devastating Los Angeles wildfires following a meeting with that city’s mayor, Karen Bass. Trump said he met with Bass and other officials …

POSTED APRIL 24, 2026 1:27 PM
Apple, Amazon Push Back on Stricter Emissions Reporting Rules
Major corporations are pushing back against a possible tightening of emissions reporting standards that would have implications for the clean energy transition in years to come. More than 60 companies — including Apple Inc., Amazon.com Inc., General Motors Co., FedEx …

POSTED APRIL 24, 2026 1:19 PM
NTSB Cites LaGuardia’s Runway Safety System in Collision That Killed 2 Pilots
The National Transportation Safety Board said Thursday a key runway safety system failed to activate before a March 22 fatal collision at New York’s LaGuardia Airport between an Air Canada Express jet and a fire truck that killed two pilots. …

POSTED APRIL 24, 2026 12:53 PM
Marketplace 4 Insurance Buys Maryland’s Swann Agency
Georgia-based Marketplace 4 Insurance announced the acquisition of Swann Insurance Agency, an independent insurance agency based in Columbia, Maryland. Terms were not disclosed. The acquisition of Swann will expand M4I’s footprint in the Mid-Atlantic region. All Swann employees will join …

POSTED APRIL 24, 2026 12:10 PM
Stock Markets Are Too High and Set to Fall, BOE Deputy Governor Tells BBC
The Bank of England expects stock markets around the world to fall because current share prices do not fully reflect the many risks facing the global economy, Deputy Governor Sarah Breeden said in an interview with the BBC on Friday. …

POSTED APRIL 24, 2026 10:51 AM
Founder of Collapsed MFS Faces £1.3 Billion Creditor Claim
Paresh Raja, the founder of collapsed mortgage firm Market Financial Solutions Ltd., is facing a £1.3 billion ($1.8 billion) lawsuit in the UK from creditors alleging he breached his fiduciary duties. Raja, who is already subject to a worldwide freeze …

POSTED APRIL 24, 2026 10:21 AM
China’s 360 Hunts Software Flaws With AI, Echoing Mythos
A large Chinese cybersecurity firm is using artificial intelligence to identify security vulnerabilities in widely used software applications, positioning itself as a competitor to Anthropic PBC, according to a new report. The company, 360 Digital Security Group, has in recent …

POSTED APRIL 24, 2026 10:02 AM
UK Financial Sector Prepared for Mythos and Others, Says BoE Co-Chaired Group
The Bank of England and other financial services representatives on Wednesday said the sector was prepared for developments around Anthropic’s Mythos artificial intelligence model and other emerging frontier AI models. Mythos is viewed by cybersecurity experts as posing significant challenges …

POSTED APRIL 24, 2026 9:54 AM
UniCredit Raises Stake in Generali After Earlier Signaling Cut
UniCredit SpA boosted its stake in Assicurazioni Generali SpA to 8.7%, despite earlier indications that it planned to trim the holding. The bank is the insurer third-largest shareholder of Generali, according to a statement of the Trieste-based insurer detailing the …

POSTED APRIL 24, 2026 9:32 AM
Iran Fast-Boat Swarms Add to Hormuz Threats for Shipping
Iran’s use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world’s most …

POSTED APRIL 24, 2026 9:23 AM

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