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News Archives - Insurance Journal

Priceline to Face FTC Action Over Deceptive Hotel Ads, Sources Say
The US Federal Trade Commission is gearing up to take action against Priceline.com owner Booking Holdings E&over online ads that appear to direct consumers to a hotel’s site but send them to a third-party site where they are often charged …

POSTED OCTOBER 08, 2026 2:57 PM
NY City Accuses Law Firm of Running Injury Claims Fraud Operation
New York City is suing a Manhattan law firm for alleging running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedly harmed due to roadway defects. …

POSTED OCTOBER 08, 2026 2:14 PM
Florida Cybersecurity Firm Head Charged With Scamming Victimized Businesses
A Florida man who held himself out as a cyberattack solutions expert paid off the attackers while keeping much larger sums for himself—creating a piggy-back type of cyber fraud scheme, a grand jury said in an indictment. Zohar Pinhasi, the …

POSTED OCTOBER 08, 2026 1:54 PM
Leak Exposes Payments to Hacking Group That Has Extorted Law Firms
Leak data posted to the internet has exposed payments made to a hacking group known for extorting large sums of money from law firms, blockchain investigations firm Chainalysis said Oct. 7. The findings come after an unknown party posted troves …

POSTED OCTOBER 08, 2026 1:53 PM
AM Best Downgrades Hanover Fire & Casualty of Pennsylvania
Analysts at AM Best recently downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” (Good) from “bbb” (Good) of Hanover Fire & Casualty Insurance Co in King …

POSTED OCTOBER 08, 2026 1:00 PM
Trust Is the New Frontier in a World of AI Synthetic Content, Digital Doppelgangers
Thanks to the capabilities of artificial intelligence, trust is going to be an even more important component in the cybersecurity landscape. “The mantra moving forward is trust no one, verify everyone,” said Experian in its newly released 2027 Data Breach …

POSTED OCTOBER 08, 2026 12:30 PM
Hackers Tricked ASOS Employee to Steal Work Account Login
ASOS Plc said a recent data breach occurred when an “unauthorized party” impersonated a trusted contact to dupe an employee at the online fashion retailer into handing over log-in details for their work account. The hackers, calling themselves the Xuanye …

POSTED OCTOBER 08, 2026 11:51 AM
TikTok Accused by NY of Running Secret Safety Tests on Teens
New York Attorney General Letitia James has added new allegations to a child safety lawsuit against TikTok Inc., accusing the platform of running secret experiments on teen users. The new claims are attributed to a Bloomberg Businessweek report, based on …

POSTED OCTOBER 08, 2026 11:50 AM
So. Korean Banks Were Likely Hacked by China-Based Actor With AI Agent: CrowdStrike
The suspect behind recent cyberattacks at South Korean banks was likely a China-based 26-year-old who used a Chinese-developed AI agent and Anthropic’s Claude Code, US cybersecurity company CrowdStrike said. In a report published on Wednesday, CrowdStrike said it believed the …

POSTED OCTOBER 08, 2026 11:30 AM
Canada’s Weston Family and Fairfax Financial Partner to Buy UK’s Boots in $8.9B Deal
The Canadian branch of the Weston family agreed on Wednesday to buy Britain’s Boots from Sycamore Partners and the Pessina family in an $8.9 billion deal, pledging to invest in the retailer’s stores and online and expand healthcare services. Wittington …

POSTED OCTOBER 08, 2026 11:03 AM

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