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News Archives - Insurance Journal

AI Cybersecurity Startup Upwind Raises at $3.8 Billion Value
Upwind Security, a San Francisco-based startup offering cybersecurity for artificial intelligence and cloud applications, has secured $400 million in fresh financing that values the company at $3.8 billion. Bessemer Venture Partners led the investment, with participation from existing backers including …

POSTED OCTOBER 28, 2026 1:27 PM
Edison Must Face Jury Over Equipment’s Role in Massive California Fire
A judge ruled that Southern California Edison cannot escape a trial over a central claim in lawsuits over 2025’s Eaton Fire, the most destructive blaze in the Los Angeles area’s history. Superior Court Judge Laura Seigle rejected a request by …

POSTED OCTOBER 28, 2026 1:19 PM
Meta and Snap Face Major Legal Test of Youth Social Media Addiction Claims
Two teenage plaintiffs who say social media caused them to develop serious mental health problems will take Meta Platforms and Snap to trial in Los Angeles on Oct. 28 in the latest test of claims raised in thousands of US …

POSTED OCTOBER 28, 2026 12:32 PM
US Tells Ships to Avoid Unnecessary Transits Through Hormuz
The US military said vessels that have no need to move between ports in the Gulf of Oman and the Strait of Hormuz should stay away, as tensions ratchet up in the region. “Due to the current geopolitical situation, vessels …

POSTED OCTOBER 28, 2026 12:26 PM
GEICO Returns $10.5 Million to New Jersey Policyholders
The New Jersey Department of Banking and Insurance has ordered GEICO to return more than $10.5 million in wrongfully-charged premium back to policyholders. The department also issued a penalty of $1.2 million to GEICO and its affiliates for improper business …

POSTED OCTOBER 28, 2026 12:00 PM
Korea Financial Firms Hit By More Hacks as Asia Breaches Grow
South Korea’s financial industry was hit by a second wave of cyberattacks in about a month as a series of breaches across Asia heightens concerns that artificial intelligence is making large-scale hacking easier. Financial Supervisory Service Governor Lee Chan-jin said …

POSTED OCTOBER 28, 2026 11:55 AM
Can AI Replace Government Jobs? The World Is Watching the Dutch.
The Dutch government’s AI-led efficiency drive to cut 25,000 civil servant jobs is perhaps the most ambitious government plan yet to use tech to reduce the state’s payroll. Making it work — and rolling out similar programs in other countries …

POSTED OCTOBER 28, 2026 11:06 AM
PwC Confirms Cybersecurity Incident Involving Employee Learning Records
PwC on Oct. 23 said it was aware of a cybersecurity incident involving a third-party vendor used to host company employee learning records, the day after a cyber extortion group claimed to have stolen 590 gigabytes of company data. A …

POSTED OCTOBER 28, 2026 6:16 AM
JD Power: Total Loss Auto Claims Weigh Down Insurance Customer Satisfaction
Customer satisfaction with total loss auto insurance claims fell for a third straight year, while satisfaction improved for claims involving repairable vehicles, a new study looking at this year shows. Customer satisfaction with total loss claims fell 12 points on …

POSTED OCTOBER 28, 2026 5:08 AM
Black Lung Disease Hits 50-Year High, Report Says, as Claims Payments Climb Steadily
As black lung disease hits a 50-year high among Central Appalachian coal miners, protections and compensation from the federal government are not keeping pace, says a recent report from Reimagine Appalachia and the Appalachian Citizens’ Law Center. The groups found …

POSTED OCTOBER 28, 2026 5:02 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Opulent Insurance Agency - Template confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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