News Archives - Insurance Journal

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17 06, 2026

Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC

By | June 17th, 2026|Uncategorized|Comments Off on Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC

Appetite from insurance mergers and acquisitions remains, but the industry’s use of artificial intelligence is expected to enter the equation to affect strategies. According to finding from PwC, the insurance sector logged about $29.6 billion in deal value from 191 …

17 06, 2026

Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion

By | June 17th, 2026|Uncategorized|Comments Off on Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion

A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully demanding $25 million from the company. FulcrumSec, …

17 06, 2026

Read the 14-Point Draft Memorandum of Understanding Between the US and Iran

By | June 17th, 2026|Uncategorized|Comments Off on Read the 14-Point Draft Memorandum of Understanding Between the US and Iran

The US and Iran are expected to formally sign a memorandum of understanding on June 19 in Switzerland, paving the way for 60 days of talks aimed at ending their war for good and putting strict new limits on Iran’s …

16 06, 2026

Allianz Is Said to Lead Bidding for HSBC Life Singapore

By | June 16th, 2026|Uncategorized|Comments Off on Allianz Is Said to Lead Bidding for HSBC Life Singapore

Allianz SE has emerged as the frontrunner to acquire HSBC Holdings Plc’s Singapore insurance unit, people familiar with the matter said. The German insurer is the likeliest buyer for HSBC Life Singapore Pte after outbidding other industry players, according to …

16 06, 2026

Almost All of World’s Children Exposed to Climate Hazards, UN Agency Says

By | June 16th, 2026|Uncategorized|Comments Off on Almost All of World’s Children Exposed to Climate Hazards, UN Agency Says

Almost all of the world’s children are exposed to at least one climate hazard, with as many as 1.8 billion put in danger by droughts and 1.2 billion by extreme heat, the United Nations Children’s Fund (UNICEF) said in a …

16 06, 2026

Texas Flood Threat Persists as Gulf System Nears Storm Status

By | June 16th, 2026|Uncategorized|Comments Off on Texas Flood Threat Persists as Gulf System Nears Storm Status

The threat of floods continues across Texas, northeast Mexico and the US Gulf Coast as tropical moisture pours into the region and the odds rise that the Atlantic’s first named storm of the year could develop late Tuesday or early …

16 06, 2026

Skydiving Plane Crash Brings Attention to Industry’s Weak Oversight

By | June 16th, 2026|Uncategorized|Comments Off on Skydiving Plane Crash Brings Attention to Industry’s Weak Oversight

Poor maintenance is often a factor when skydiving planes crash like one did in Missouri on Sunday, and the National Transportation Safety Board has said in past investigations that weak oversight of the skydiving industry can allow problems to go …

16 06, 2026

People Moves: Cincinnati’s Kellington to Retire as CTO, Osborn to Assume Position

By | June 16th, 2026|Uncategorized|Comments Off on People Moves: Cincinnati’s Kellington to Retire as CTO, Osborn to Assume Position

Cincinnati Financial Corporation announced that John S. Kellington, chief information officer and executive vice president for its lead subsidiary, The Cincinnati Insurance Company, will retire August 7. Kellington joined the company in 2010 as a proven insurance and technology leader. …

16 06, 2026

Markets/Coverages: Nationwide, Barn Owl Partner to Monitor Rural Property Owners

By | June 16th, 2026|Uncategorized|Comments Off on Markets/Coverages: Nationwide, Barn Owl Partner to Monitor Rural Property Owners

Insurer Nationwide looks to its customers in taking a new approach to rural property monitoring through a relationship with Barn Owl, a provider of solar-powered, cellular-connected remote camera systems designed specifically for farms, ranches and rural agribusiness operations. Nationwide said …

16 06, 2026

Lawsuit Dismissed of Ex-Yosemite Ranger Fired for Hanging Transgender Flag

By | June 16th, 2026|Uncategorized|Comments Off on Lawsuit Dismissed of Ex-Yosemite Ranger Fired for Hanging Transgender Flag

A federal judge has dismissed a lawsuit brought by a former Yosemite National Park ranger who was fired after flying a giant transgender pride flag from a rock wall that looms over the California park’s main thoroughfare. U.S. District Judge …