News Archives - Insurance Journal

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18 11, 2025

NJ NAACP, Latino Groups Say Regulators Aid Discrimination in Auto Insurance Rates

By | November 18th, 2025|Uncategorized|Comments Off on NJ NAACP, Latino Groups Say Regulators Aid Discrimination in Auto Insurance Rates

The New Jersey NAACP and two Latino groups last week filed suit against the state Department of Banking and Insurance, charging that the agency encourages discrimination in auto insurance rates by allowing insurers to use drivers’ education and employment levels …

18 11, 2025

Walgreens to Pay $500,000 for Overcharging at Vermont Checkouts

By | November 18th, 2025|Uncategorized|Comments Off on Walgreens to Pay $500,000 for Overcharging at Vermont Checkouts

Walgreens has agreed to pay $500,000 to settle claims of overcharging at its stores in Vermont — including in one instance where an item rang at the register $23 higher than its shelf price, the state Attorney General’s Office said …

18 11, 2025

Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business

By | November 18th, 2025|Uncategorized|Comments Off on Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business

Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific. “I turned around and …

18 11, 2025

Biggest NJ Health Insurer to Pay $100 Million in Whistleblower Suit

By | November 18th, 2025|Uncategorized|Comments Off on Biggest NJ Health Insurer to Pay $100 Million in Whistleblower Suit

Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations that the health-insurance company had ripped off taxpayers by overpaying for care, in a pact made public on Friday. The settlement with New Jersey …

18 11, 2025

Wall St Regulator to Consider Crypto Token Classification, Chair Says

By | November 18th, 2025|Uncategorized|Comments Off on Wall St Regulator to Consider Crypto Token Classification, Chair Says

The head of the U.S. Securities and Exchange Commission said the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities. “In the coming months, I anticipate that the Commission will …

18 11, 2025

Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal

By | November 18th, 2025|Uncategorized|Comments Off on Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal

Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H. Lane said he will sign off on Purdue’s …

18 11, 2025

Chubb Insurance Malaysia Files for Malaysia IPO

By | November 18th, 2025|Uncategorized|Comments Off on Chubb Insurance Malaysia Files for Malaysia IPO

Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according …

18 11, 2025

AI-Induced Psychosis: The Danger of Humans and Machines Hallucinating Together

By | November 18th, 2025|Uncategorized|Comments Off on AI-Induced Psychosis: The Danger of Humans and Machines Hallucinating Together

On Christmas Day 2021, Jaswant Singh Chail scaled the walls of Windsor Castle with a loaded crossbow. When confronted by police, he stated: “I’m here to kill the queen.” In the preceding weeks, Chail had been confiding in Sarai, his …

18 11, 2025

World Is Off Course on Pledge to Slash Heat-Trapping Methane

By | November 18th, 2025|Uncategorized|Comments Off on World Is Off Course on Pledge to Slash Heat-Trapping Methane

The world remains far behind global commitments to slash methane, according to a United Nations assessment that underscores the need for rapid, aggressive work to stifle emissions of the super pollutant. Fulfilling a pledge by roughly 160 nations to cut …

18 11, 2025

No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC

By | November 18th, 2025|Uncategorized|Comments Off on No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC

Alphabet Chief Executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble. Pichai said in an interview with the BBC published …