News Archives - Insurance Journal

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21 05, 2026

Viewpoint: Insurers Cautiously Navigate the Next Step in AI Adoption

By | May 21st, 2026|Uncategorized|Comments Off on Viewpoint: Insurers Cautiously Navigate the Next Step in AI Adoption

As more and more companies embed AI into select functions, only a portion indicate that they have used AI to change how an overall enterprise runs. It illustrates one of the key takeaways drawn from a recent industry survey by …

21 05, 2026

Crypto Crime Escalates With Kidnappings, Cons and Human Coercion

By | May 21st, 2026|Uncategorized|Comments Off on Crypto Crime Escalates With Kidnappings, Cons and Human Coercion

After a year of kidnappings, assaults and armed home invasions targeting cryptocurrency holders, the industry is racing to harden its defenses. Conferences are beefing up security. Private firms serving crypto holders say demand has surged. Exchanges are protecting their executives. …

21 05, 2026

Jury Sides With Insurers, Finding Takeda Liable for $885M in Damages

By | May 21st, 2026|Uncategorized|Comments Off on Jury Sides With Insurers, Finding Takeda Liable for $885M in Damages

A U.S. jury found Takeda Pharmaceutical liable for causing about $885 million in damages by delaying a generic version of its constipation drug Amitiza through an anticompetitive scheme. Jurors in federal court in Boston, following a five-week trial, sided with …

21 05, 2026

Containment Grows on California Wildfire That Forced Thousands to Evacuate

By | May 21st, 2026|Uncategorized|Comments Off on Containment Grows on California Wildfire That Forced Thousands to Evacuate

Containment has continued to increase on the Sandy fire in Simi Valley, which prompted evacuation orders for tens of thousands of people in Ventura County earlier this week. Though fire activity has slowed, the blaze still poses danger, fire officials …

21 05, 2026

Trump to Sign Order on AI Oversight as Security Fears Mount Among Supporters

By | May 21st, 2026|Uncategorized|Comments Off on Trump to Sign Order on AI Oversight as Security Fears Mount Among Supporters

U.S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of …

21 05, 2026

Texans Hate Data Centers So Much They Are Asking Jesus for Help

By | May 21st, 2026|Uncategorized|Comments Off on Texans Hate Data Centers So Much They Are Asking Jesus for Help

In Granbury, Texas, city council meetings begin with a prayer. But at a session back in January, one local invoked the Almighty in a way that would have been unimaginable just a decade ago. “I want to pray in Jesus’ …

21 05, 2026

Iran in Talks With Oman Over Permanent Toll System for Hormuz

By | May 21st, 2026|Uncategorized|Comments Off on Iran in Talks With Oman Over Permanent Toll System for Hormuz

Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of Hormuz. “Iran and Oman must mobilize all their resources both to provide …

21 05, 2026

Texas Summer Camps Face Closure Due to New State Regulations

By | May 21st, 2026|Uncategorized|Comments Off on Texas Summer Camps Face Closure Due to New State Regulations

After almost 20 years of bouncing from campground to campground, Orr Family Ministries finally found its home in 2022 on a 12-acre tree-filled campground located on a hill in Colorado County. Kids played in the swimming pool, worshipped by the …

21 05, 2026

AM Best Revises Outlooks to Stable for Missouri Valley Mutual

By | May 21st, 2026|Uncategorized|Comments Off on AM Best Revises Outlooks to Stable for Missouri Valley Mutual

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Missouri Valley Mutual Insurance Company (MVMIC) based in Burke, South Dakota. …

21 05, 2026

Markets/Coverages: MGA Rokstone Launches Cargo Stock-Only Cover for Inventory Risk

By | May 21st, 2026|Uncategorized|Comments Off on Markets/Coverages: MGA Rokstone Launches Cargo Stock-Only Cover for Inventory Risk

Rokstone, the international specialty re/insurance MGA, announced the launch of a cargo stock-only program, supported by US$25 million of capacity, to support brokers and their clients with smarter, more flexible coverage and competitive premiums. One of just a handful of …