News Archives - Insurance Journal

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2 10, 2026

Trump’s Proposed Ban on Diesel Exports Could Hurt Texas Refineries

By | October 2nd, 2026|Uncategorized|Comments Off on Trump’s Proposed Ban on Diesel Exports Could Hurt Texas Refineries

The Trump Administration is pushing for a 90-day ban on diesel exports intended to rapidly lower climbing fuel prices for consumers, a proposal that, if enacted, will hurt the constellation of Texas refineries in the Gulf Coast and deal a …

2 10, 2026

Wisconsin Workers’ Comp Rates Decrease for 11th Straight Year

By | October 2nd, 2026|Uncategorized|Comments Off on Wisconsin Workers’ Comp Rates Decrease for 11th Straight Year

Wisconsin workers’ compensation rates will decrease by approximately 2% over the coming year, making the 11th straight year the state has seen premiums decline. The rate decrease, which went into effect October 1, saves an estimated $36 million for policies, …

2 10, 2026

Ohio Mutual Completes Merger of Idaho-Based Gem State

By | October 2nd, 2026|Uncategorized|Comments Off on Ohio Mutual Completes Merger of Idaho-Based Gem State

The merger of Idaho-based Gem State Insurance as a subsidiary under Ohio Mutual Insurance Group’s mutual holding company structure has been completed, effective Oct. 1, the company announced. The organization plans to add new products and additional benefits to members …

2 10, 2026

ANZ to Drop Scandal-Hit KPMG Australia as Auditor After 57 Years

By | October 2nd, 2026|Uncategorized|Comments Off on ANZ to Drop Scandal-Hit KPMG Australia as Auditor After 57 Years

ANZ Group Holdings Ltd. will part ways with KPMG Australia as its longtime external auditor, adding pressure on the accounting giant that has been grappling with the fallout from allegations it improperly used confidential client information to win business. The …

2 10, 2026

International Criminal Court, AXA Cut Ties Amid Trump Campaign Against Court

By | October 2nd, 2026|Uncategorized|Comments Off on International Criminal Court, AXA Cut Ties Amid Trump Campaign Against Court

The International Criminal Court has ended its contract with French life and health insurer AXA starting October 1 and will now be using a new health insurance provider, a spokesperson for the Hague-based court said. The spokesperson gave no reason …

2 10, 2026

US States Challenge Corteva Spinoff as Bid to Evade PFAS Liabilities

By | October 2nd, 2026|Uncategorized|Comments Off on US States Challenge Corteva Spinoff as Bid to Evade PFAS Liabilities

Fifteen US states sued agrichemicals company Corteva on Thursday, alleging that the spinoff of its seed and genetics business into Vylor was designed to shield the company’s best assets from tens of billions of dollars in potential liabilities tied to …

2 10, 2026

Police Arrest Dual UK-Iranian National Over Airbase Plot

By | October 2nd, 2026|Uncategorized|Comments Off on Police Arrest Dual UK-Iranian National Over Airbase Plot

UK police said they arrested a sixth man, a British-Iranian dual national, in relation to an incident near an airbase used by the US to launch strikes on Iran. The 27-year-old man was arrested in London on suspicion of preparation …

2 10, 2026

AI Safety Measures Widely Backed by Most Americans, Poll Finds

By | October 2nd, 2026|Uncategorized|Comments Off on AI Safety Measures Widely Backed by Most Americans, Poll Finds

A vast majority of Americans favor requiring artificial intelligence companies to meet independent safety benchmarks for their models, even if those standards mean slowing development of the technology, according to a new poll. Against a backdrop of growing global anxiety …

2 10, 2026

CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

By | October 2nd, 2026|Uncategorized|Comments Off on CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

A federal judge in Florida ordered two individuals to pay more than $30 million in restitution and penalties for allegedly defrauding more than 9,000 people in a scam involving crytocurrencies and precious metals, the US Commodity Futures Trading Commission said …

2 10, 2026

FTC Probing OpenAI, Anthropic Over Product Safety Concerns

By | October 2nd, 2026|Uncategorized|Comments Off on FTC Probing OpenAI, Anthropic Over Product Safety Concerns

The Federal Trade Commission is scrutinizing OpenAI, Anthropic PBC and other artificial intelligence companies about the safety of their products amid high-profile cybersecurity incidents, according to a person familiar with the matter. The agency is preparing to send formal demands …