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News Archives - Insurance Journal

Japan’s Cyberattack Surge Tests Its Push to Strengthen Defenses
Japan is facing an intense wave of AI-powered cyberattacks that’s laid bare the vulnerability of one of the world’s largest economies to a new breed of hacking. Dozens of incidents affecting companies from brokerages to delivery firms have made data …

POSTED OCTOBER 30, 2026 8:35 AM
HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
HSBC Holdings Plc is looking to offload credit risk on data center loans to insurers as demand for artificial intelligence-related finance continues to grow. The bank is holding preliminary discussions with insurers about a series of project finance deals, some …

POSTED OCTOBER 30, 2026 7:55 AM
Binance Estimates $6.3 Billion Hacked in Crypto’s Biggest-Ever Heist
Crypto exchange Binance has suffered a $6.3 billion hack, the largest to hit the digital-asset industry and the latest in a slew of security incidents afflicting the financial sector. The world’s largest crypto trading platform suspended all withdrawals Friday and …

POSTED OCTOBER 30, 2026 7:41 AM
Suspected Billion-Dollar Binance Hack Sends Fear Through Crypto
A suspected hack impacting billions of dollars of funds on the Binance crypto exchange spurred emergency asset freezes and sent the price of digital assets tumbling. Executives of the world’s biggest trading venue for the currencies said they were investigating …

POSTED OCTOBER 30, 2026 5:09 AM
Zillow to Pay $212.5 Million to Settle Class Action Over Failed Venture
Zillow said on Wednesday it will pay $212.5 million in cash to settle a class action accusing the online real estate marketplace of misleading shareholders about its failed Zillow Offers home-flipping venture. The Seattle-based company did not admit wrongdoing in …

POSTED OCTOBER 30, 2026 5:05 AM
Greek Container Ship Sinks After Drone Attack off Bulgaria
A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about …

POSTED OCTOBER 30, 2026 5:05 AM
Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
Much of the Miami Beach skyline, on ground that’s just a few feet above sea level, is sinking. But some of the iconic skyscrapers there are sinking at different rates and much of the subsidence is due to non-stop building …

POSTED OCTOBER 30, 2026 5:02 AM
Colorado’s Glaciers Thinned Dramatically Due to Record Low Snow And Heat This Year
The most prominent glaciers in Colorado thinned dramatically over the past year due to record low mountain snow and record warm temperatures, according to new research. Their shrinking is on par with recent observations of glacier loss across the planet …

POSTED OCTOBER 30, 2026 5:00 AM
Pennsylvania Law Addresses Flood Risk Disclosure by Home Sellers
Pennsylvania Governor Josh Shapiro this week signed legislation meant to improve homeowners’ understanding of potential flood risk during the home-buying process. The new law (House Bill 1704) will require sellers to inform buyers about their home’s flood risk. Under the …

POSTED OCTOBER 30, 2026 5:00 AM
Lyft to Pay $1.8 Million to Settle California Privacy Allegations
Lyft is paying $1.8 million in civil penalties to resolve allegations that it violated California privacy and unfair competition laws by failing to let consumers opt out of the sale or the sharing of their personal information. The settlement also …

POSTED OCTOBER 30, 2026 5:00 AM

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Clifton Park: 1690 Rt 9, Clifton Park, NY 12065 | P: 518-630-6478
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