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News Archives - Insurance Journal

Saudis and Houthis Exchange Strikes, Yemenis Flee by Boat as Middle East War Spreads
Saudi Arabia and Yemen’s Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies. Houthi-controlled …

POSTED SEPTEMBER 18, 2026 10:18 AM
UK Insurers Urge Bank of England to Rethink ‘Dynamic’ Stress Test
Britain’s insurance industry is urging the Bank of England’s regulatory arm to rethink its live crisis simulation, citing heavy reporting demands and unrealistic scenarios in a stress test that pushed firms “to their absolute limit.” The Prudential Regulation Authority’s first …

POSTED SEPTEMBER 18, 2026 9:58 AM
White House Weighs Incubator for Cyber Research, Startups
The Trump administration is weighing a plan to establish a government-led incubator aimed at investing in cybersecurity research and spinning out startups focused on developing tools for the government to use, according to people familiar with the situation. The White …

POSTED SEPTEMBER 18, 2026 5:28 AM
Gorman Named PIA National President
The National Association of Professional Insurance Agents has made David Gorman its president, succeeding Mark Suhr. Gorman, of Dallas, founded Red Gorman Insurance Services in 2018 and has a long history of service to the independent insurance agent community holding …

POSTED SEPTEMBER 18, 2026 5:27 AM
Hershey Defeats Lawsuit Over Reese’s Halloween Pumpkins That Lacked ‘Cool’ Carvings
Hershey won the dismissal of a lawsuit claiming it let down consumers because its Halloween-themed Reese’s pumpkins lacked the decorative carved designs shown on the packaging. U.S. District Judge Melissa Damian in Miami said the two Florida residents leading the …

POSTED SEPTEMBER 18, 2026 5:26 AM
AI’s Climate Footprint Draws Growing Concern From Asset Owners
Asset owners are increasingly concerned about the impact of artificial intelligence on the environment and society, according to a report by Morningstar Inc. In a survey of more than 500 pension funds, family offices, endowments, sovereign wealth funds and other …

POSTED SEPTEMBER 18, 2026 5:05 AM
Federal Legislation Targets Auto Insurance Fraud With Steep Penalties
Earlier this month, federal legislation was introduced to make motor vehicle collision fraud a federal crime, according to a joint press release by Congresswoman Laura Gillen (D-NY-04) alongside U.S Representatives Troy Nehls (R-TX-22), Josh Gottheimer (D-NJ-05) and Vince Fong (R-CA-20). …

POSTED SEPTEMBER 18, 2026 5:03 AM
The Body of the Last Victim of Hurricane Helene in Tennessee Has Been Found
The remains of the final missing Tennessee victim from Hurricane Helene were found two years after the storm devastated Appalachian mountain towns with floods that wiped away whole communities. Nancy Tucker, 76, disappeared along with her husband, Jimmy Tucker, when …

POSTED SEPTEMBER 18, 2026 5:02 AM
EU Says It’s Ready to Get Tough Against Chinese Trade Imbalances
European Union officials insist they need to see a credible effort from China to rebalance its trade relationship with the bloc by next month or they will use all “tools” at their disposal to fix the situation. EU trade chief …

POSTED SEPTEMBER 18, 2026 5:01 AM
Lemonade $10.5 Million Settlement Over License Number Data Breach Approved
A federal district court in New York has approved a $10.5 million class action settlement by digital insurer Lemonade over its exposing license numbers of as many as 190,644 drivers to third parties through its online auto insurance quote platform. …

POSTED SEPTEMBER 18, 2026 5:00 AM

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