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U.S. commercial insurance rates increased 0.5% in the second quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “Commercial insurance pricing is continuing to move toward a more balanced market, with overall price increases moderating across …

For years, some of the leading figures in Silicon Valley have warned that artificial intelligence might pose an existential threat to humanity even as they pushed to develop the technology. This week, the high-profile resignation of an Anthropic researcher brought …

A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Captives — whereby firms sidestep traditional insurers and instead …

For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned as the nation’s bellwether for the liability trends, regulatory frameworks and legal doctrines that eventually ripple across the rest of …

Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products could cause cancer in women, as it faces thousands of similar lawsuits from users and their families. Arizona Attorney General …

A Long Island contractor has been charged with workers’ compensation fraud that officials contend resulted in the underpayment of insurance premiums by more than $160,000. Suffolk County District Attorney Raymond A. Tierney announced that Joseph Arthurs, of Patchogue, and his …

Six people have been convicted in a bribery scheme that enabled more than 100 people to fraudulently obtain commercial driver’s licenses, the U.S Attorney’s Office, Eastern District of Louisiana announced. Mahmoud Alhattab, a restaurant owner, led a scheme in which …

Each morning this summer, Gordon and Connie Howie have awoken on their cattle ranch in central Pennington County and turned on the kitchen faucet, unsure if any water will come out. “We can’t do laundry or dishes or take showers …

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance …

Insurance Journal’s Risky Future series is hosting the “AI Tools for FNOL & Digital Claims” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance claims leaders, including chief claims officers, innovation & transformation leaders, customer experience …

Rain fell over and around the Ross Fire in North Texas on Thursday, a welcome reprieve to firefighters who have battled the flames for two weeks. The heavy rain, while brief, could dampen flames and embers and speed containment of …

Bayer’s Monsanto unit heads to a Missouri state court on Monday seeking approval of a $7.25 billion settlement that could resolve tens of thousands of U.S. lawsuits alleging that its popular weedkiller Roundup causes cancer. In a pivotal test of …

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has introduced a new benefit for eligible political risk insurance policyholders: access to a one-off advisory consultation with Blackthorn Risk Group Ltd., a London-based independent security consultancy. Through this new …

Public school students in Springfield, Massachusetts have been told they can return to their schools on Monday, September 14 after the schools were closed on Tuesday due to a cyber incident. According to Mayor Domenic J. Sarno and school officials, …

The months-long effort to put a Ryan Turner Specialty insurance unit in charge of a lucrative commercial policies clearinghouse in Florida may be far from over, after Ryan filed notice of intent to protest the awarding of the contract to …

Five members of a crew killed when an Amazon cargo jet smashed into their van were wrapping up their eight-hour shift cleaning planes at the Miami airport when they were struck, lawyers for one of the victims said on Wednesday. …

Prior to September 2001, terrorism was covered by a standard commercial insurance policy. Either as a direct mention in the policy wording or by its omission, it was covered. But the attacks on 9/11 changed everything. Today, an insurance industry …

Nearly a dozen counties in Northern California face an elevated risk of power shutoffs this weekend as extreme heat and high winds boost wildfire conditions across the region. PG&E Corp., which serves more than 5.5 million electric customers in northern …

Japan’s Digital Agency said it suffered unauthorized access to its servers and personal data on about 246,000 people may have leaked. The agency detected access to a large volume of files on its Government Solution Service network using a maintenance …

A day after Germany blamed Russia for a failed drone attack on cargo planes at its Leipzig-Halle airport, European Commission President Ursula von der Leyen made a tacit admission that the continent was not responding quickly enough to the threat. …