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Home > News Feeds

News Center


News Archives - Insurance Journal

People Moves: Obusek Hired by Examination Resources as a Senior Manager
A longtime North Carolina insurance regulator, the woman who initially flagged billionaire Greg Lindberg’s raiding of his insurance companies’ reserves, plans to join an examination firm as a senior manager. Jackie Obusek, who spent 30 years with the North Carolina …

POSTED SEPTEMBER 08, 2026 2:48 PM
AI Could Pose ‘Existential’ Risk to Humanity, UN Rights Chief Warns
U.N. rights chief Volker Turk warned on Monday that artificial intelligence could pose a threat to humanity, and pledged to press AI firms to reduce risks that his office said included disruptions to services, communications and democratic systems. He called …

POSTED SEPTEMBER 08, 2026 2:38 PM
A $320 Million Hack Exposes the Cracks in Crypto’s Plumbing
The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure. The damage extends beyond the …

POSTED SEPTEMBER 08, 2026 2:32 PM
Five Dead After Amazon Plane Overran Runway at Miami Airport
An Amazon cargo plane barreled off a runway at Miami International Airport on Sunday, killing at least five people and injuring five others as it struck vehicles and was engulfed in flames, authorities said. The aircraft overran the runway around …

POSTED SEPTEMBER 08, 2026 2:22 PM
Hurricane Lowell Brings Heavy Rains as It Passes West of Hawaii
Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with top winds of 105 miles (169 kilometers) per hour, edged west of Kauai but is still dropping heavy rain, as …

POSTED SEPTEMBER 08, 2026 1:57 PM
Boston Scientific Says Unlikely to Meet 2026 Forecast After Cyberattack Disruption
Boston Scientific said on Tuesday it no longer expects to meet its previously issued third-quarter and full-year 2026 sales and adjusted profit forecasts, after a cybersecurity incident disrupted the medical device maker’s global operations. An unauthorized activity on some of …

POSTED SEPTEMBER 08, 2026 1:41 PM
Markel Chairman Steve Markel to Retire, CEO Gayner Moves Into Role
Markel Group Inc. said its chairman, Steve Markel, will retire after more than 50 years with the company. He will not seek re-election to the board at the 2027 annual shareholder meeting. CEO Tom Gayner was elected chairman, effective immediately, …

POSTED SEPTEMBER 08, 2026 1:24 PM
Insurer FM Adds to Partnerships of Boston Teams in Tech-Facing Tomorrow Golf League
Commercial property insurer FM will serve as principal partner of the Boston Common Golf team in WTGL (Women’s Tomorrow Golf League), a new professional golf league created by TMRW Sports and the Ladies Professional Golf Association (LPGA). The partnership builds …

POSTED SEPTEMBER 08, 2026 1:06 PM
Business Moves: HDI Global UK & Ireland Secures Approval Toward New Syndicate; Cedar Trace to Launch $300M Lloyd’s Syndicate for 2027
HDI Global UK & Ireland (HDI) said it received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate, marking a significant milestone in the implementation of the firm’s wider Xcelerate29 strategy. The approval in principle enables HDI to …

POSTED SEPTEMBER 08, 2026 12:58 PM
EPA Proposal Could Leave the Public in the Dark on Data Center Plans
A plan by the Environmental Protection Agency could make it harder for the public to learn about and comment on proposed AI data centers that have sparked backlash in communities across the United States and transformed the midterm election landscape. …

POSTED SEPTEMBER 08, 2026 12:20 PM

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