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Guidewire to Buy UK Insurance AI Firm hyperexponential in Deal Worth Up to $2.1B
Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price and risk. London-based …
POSTED OCTOBER 27, 2026 11:43 AM |
French Banks to Face Investor Scrutiny Over Risks from Turmoil
French lenders will face heightened scrutiny over turmoil in the country when they present third-quarter earnings this week, with investors focused on their sovereign bond holdings and risks from a potential slowdown in the economy. BNP Paribas SA, Societe Generale …
POSTED OCTOBER 27, 2026 11:36 AM |
FTC, States Sue Dollar General Over Deceptive-Pricing Claims
The US Federal Trade Commission and 20 states sued Dollar General Corp. on Monday, alleging the discount retailer routinely charged customers more than the prices displayed on shelves or in advertisements. Dollar General, which operates more than 21,000 stores, overcharged …
POSTED OCTOBER 27, 2026 5:11 AM |
Anthropic Filing Reveals Concerns Over Data Center Pushback
Anthropic PBC says it expects to face heightened scrutiny of how it tackles environmental and social tensions associated with the build-out of AI infrastructure. The company, which publicly filed for an initial public offering on Monday, said it’s aware its …
POSTED OCTOBER 27, 2026 5:09 AM |
Register: Risky Future AI Tools for Fraud Detection & Compliance ‘Demo Day’ on October 28
Insurance Journal’s Risky Future series is hosting the “AI Tools for Fraud Detection and Compliance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, SIU teams, compliance officers, claims leaders, and more. This event will …
POSTED OCTOBER 27, 2026 5:02 AM |
Florida’s 2021 Presuit Notice Law is Not Retroactive, State Supreme Court Says
Before Florida lawmakers in 2022 enacted sweeping insurance law changes that cut the legs out of what had been called an excessive and burgeoning number of property claims lawsuits, they tinkered for years with ways to rein in the costly …
POSTED OCTOBER 27, 2026 5:02 AM |
Nearly $1 Million in Trading Cards Stolen From Fedex Truck in California
Police in California are investigating the theft of trading cards worth at least $963,000 that were taken from a FedEx truck parked outside of a company that verifies memorabilia. The truck was broken into on Oct. 13 near Professional Sports …
POSTED OCTOBER 27, 2026 5:00 AM |
California Launches Nature, Biodiversity and Insurance Commission
California Insurance Commissioner Ricardo Lara created a commission to examine how biodiversity and ecosystem health affect disaster risk, insurance markets and economic security. Dubbed the California Green Ribbon Commission on Nature, Biodiversity and Insurance, the commission is designed to bring …
POSTED OCTOBER 27, 2026 5:00 AM |
Yellow Furball Mascot Liberty Biberty Sparks ‘Beautiful’ Protest. Seriously?
Last Sunday afternoon, a social media driven “protest” against Liberty Mutual Insurance Co.’s fuzzy yellow mascot Liberty Biberty drew several dozen people to the company’s downtown Boston headquarters, according to the Boston Globe. “This is a revolution, this is the …
POSTED OCTOBER 27, 2026 5:00 AM |
IIHS: Utah’s Strict Alcohol Limit Linked to Lasting Drop in Crashes
Utah’s lower legal blood alcohol concentration limit for drivers was associated with reduction in alcohol-related crashes over four years, according to a new study from the Insurance Institute for Highway Safety. For the four years after the state lowered the …
POSTED OCTOBER 27, 2026 5:00 AM |
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