News Archives - Insurance Journal

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31 08, 2026

County Approves New $2.3B Stadium Project for Tampa Bay Rays

By | August 31st, 2026|Uncategorized|Comments Off on County Approves New $2.3B Stadium Project for Tampa Bay Rays

The Tampa Bay Rays won county approval Friday on a financing plan that will allow them to build a new stadium, a day after city officials approved their part for the $2.3 billion ballpark project that will replace the domed …

31 08, 2026

Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it

By | August 31st, 2026|Uncategorized|Comments Off on Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it

A Florida grand jury found that Republican Gov. Ron DeSantis’ administration “misappropriated” $10 million in taxpayer money it diverted to a charity connected to his wife, but the grand jury declined to file criminal charges due to a lack of …

31 08, 2026

Sydney Developer in Distress Sounds Alarm for Private Credit

By | August 31st, 2026|Uncategorized|Comments Off on Sydney Developer in Distress Sounds Alarm for Private Credit

The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market. Bathla Group, a major property developer in Sydney, …

31 08, 2026

Major Tech Companies Call for Defensive Surge to Defeat AI-Driven Hacks

By | August 31st, 2026|Uncategorized|Comments Off on Major Tech Companies Call for Defensive Surge to Defeat AI-Driven Hacks

Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet and Amazon are calling for a society-wide defensive surge to defeat what they describe as an impending wave of hacks driven by artificial intelligence. In a joint letter issued Thursday, the companies …

31 08, 2026

As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies

By | August 31st, 2026|Uncategorized|Comments Off on As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies

Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta …

31 08, 2026

How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras

By | August 31st, 2026|Uncategorized|Comments Off on How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras

In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward …

31 08, 2026

Michigan Houses are Getting Older, Creating Problems For the State

By | August 31st, 2026|Uncategorized|Comments Off on Michigan Houses are Getting Older, Creating Problems For the State

When the typical Michigan home was built, Richard Nixon was president, US forces were withdrawing from Vietnam and “The Exorcist” would become the year’s highest-grossing film. While pop culture has changed dramatically since 1973, much of the state’s housing stock …

31 08, 2026

China’s Humanoid Robots Aren’t Smart Enough to Take Your Job – Yet

By | August 31st, 2026|Uncategorized|Comments Off on China’s Humanoid Robots Aren’t Smart Enough to Take Your Job – Yet

Inside a training center in southern China, more than 100 humanoid robots stand in neat rows. A dozen human trainers wearing headsets guide some of them through simple tasks – sorting crates, packaging noodles, making coffee. The humanoids are slow …

31 08, 2026

AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says

By | August 31st, 2026|Uncategorized|Comments Off on AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says

Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack. …

31 08, 2026

Arbella Opens Commercial Lines Office in New Hampshire

By | August 31st, 2026|Uncategorized|Comments Off on Arbella Opens Commercial Lines Office in New Hampshire

Quincy, Massachusetts-based Arbella Insurance Group has opened a Bedford, New Hampshire commercial lines office. The Bedford office gives Arbella its first official brick-and-mortar presence in the state, which the insurer says reflects the company’s growing New Hampshire business and its …