News Archives - Insurance Journal

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31 08, 2026

Polish Intelligence Probes Fire at Top Drone Firm WB Electronics

By | August 31st, 2026|Uncategorized|Comments Off on Polish Intelligence Probes Fire at Top Drone Firm WB Electronics

Poland’s security services are investigating whether a fire at a facility belonging to the country’s largest drone producer WB Electronics SA was an act of sabotage. The fire at the facility, which produces drone components, broke out shortly after midnight, …

1 09, 2026

Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies

By | September 1st, 2026|Uncategorized|Comments Off on Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies

Russian-speaking hackers used SpaceX’s AI coding assistant, Cursor, to help break in to a Belgian chemical company and at least six other firms earlier this year, according to data reviewed by Reuters and reports issued Aug. 27 by cybersecurity companies …

31 08, 2026

US Expanding Long-Range Commercial Drone Testing Program

By | August 31st, 2026|Uncategorized|Comments Off on US Expanding Long-Range Commercial Drone Testing Program

The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases involving larger unmanned systems, higher altitudes and longer distances. The Transportation Department and Federal Aviation Administration said Aug. 27 that …

1 09, 2026

Markets/Coverages: Coalition Launches Cyber Insurance for Large UK Enterprises

By | September 1st, 2026|Uncategorized|Comments Off on Markets/Coverages: Coalition Launches Cyber Insurance for Large UK Enterprises

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has launched Active Cyber Insurance for Enterprises in the UK, a solution designed to meet the complex cyber risk needs of large organizations. Following the announcement of Coalition’s expanded …

31 08, 2026

Wildfire Risks in California and Oregon Worsened by Strong Winds

By | August 31st, 2026|Uncategorized|Comments Off on Wildfire Risks in California and Oregon Worsened by Strong Winds

Northern California and southern Oregon are under red flag fire warnings, as the threat posed by tinderbox conditions is compounded by strong winds. National Weather Service warnings are in place from noon to 8 p.m. local time, while the U.S. …

1 09, 2026

Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing

By | September 1st, 2026|Uncategorized|Comments Off on Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing

The US Federal Trade Commission and 22 US states sued Amazon.com Inc. over claims the e-commerce giant systematically overcharged advertisers for years. The FTC, which enforces antitrust and consumer laws, and the state attorneys general allege in the suit filed …

31 08, 2026

KKR Scores Windfall in $17 Billion Sale of USI Insurance

By | August 31st, 2026|Uncategorized|Comments Off on KKR Scores Windfall in $17 Billion Sale of USI Insurance

KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity …

1 09, 2026

Texas Mobilizes Ahead of Tropical Storm Edouard

By | September 1st, 2026|Uncategorized|Comments Off on Texas Mobilizes Ahead of Tropical Storm Edouard

Texas is mobilizing emergency response crews in anticipation of expected flash flooding from a now fully-formed tropical storm that forecasters predicted would hit the southeast part of the state on Tuesday. Federal forecasters elevated a tropical depression in the Gulf …

31 08, 2026

Sentry’s Dairyland to Return $30 Million to Florida Auto Insureds

By | August 31st, 2026|Uncategorized|Comments Off on Sentry’s Dairyland to Return $30 Million to Florida Auto Insureds

Auto insurer Dairyland announced that it will return $30 million in savings to eligible Florida private passenger automobile policyholders through a one-time dividend. The insurer is crediting legal system changes signed into law in 2023 and “improved market stability” for …

1 09, 2026

Thailand Shifts Disaster Risk to Insurers With $467 Million Plan

By | September 1st, 2026|Uncategorized|Comments Off on Thailand Shifts Disaster Risk to Insurers With $467 Million Plan

Thailand plans to provide government-funded disaster insurance to about 30 million households in high-risk areas, while seeking to shift some of the growing cost of floods and other catastrophes to private insurers. The government on Tuesday approved a 15.5 billion …